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An American online news and social networking service on which users post and interact with messages known as "tweets".

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Bitcoin Twitter Engagement Tumbles to Two Year Lows as Sentiment Turns Bearish

Love it or hate it, twitter is an integral part of the crypto scene. Sentiment is often gauged by reaction from Bitcoin market analysts and industry insiders who spend their time on the social media platform. Recent charts indicate that overall engagement has declined back to levels as low those two years ago. Tweeters Go Silent on Bitcoin The irony is that a lot of what goes on in the cryptoverse revolves around postings on a centralized social media platform. This maybe testament to the immaturity of the scene in that tribalism and infantile bickering is still rife on the platform. The bottom line is that we all want the same thing, and that is the growth of Bitcoin and crypto asset ecosystem for a decentralized financial future. According to ‘Skew Markets’ twitter engagement for Bitcoin has fallen to lows not seen for two years. Looks like the bottom is in for the Twitter counts – hodling the fort! pic.twitter.com/pbLP3Hzusv — skew (@skewdotcom) November 20, 2019 This may not be the case for other crypto assets but Bitcoin at least appears to have fallen out of flavor on the social media platform. The peak came with price in early 2018 when daily tweets topped 150k. Today they’re down below the 20k level according to the chart. It could be that the space has evolved beyond twitter which would be a good thing since the whole scene there is a bit of a circus, as anyone that uses the platform would agree. Intrusive advertising and unfettered spam and scam attempts are rife which does not make it the best stage for an industry advocating the adoption of decentralized digital assets. Just like Facebook, twitter controls what people see in their feeds and the whole stream of information is becoming more irrelevant which could explain the lack of engagement. ‘Influencers’ as they’re so called are often only interested in promoting their chosen crypto asset, be it Bitcoin, BCH, BSV, ETH, XRP or whatever. That said there are a few professional analysts and industry insiders worth following if you have the inclination to sort the wheat from the huge pile of twitter chaff. BTC Bears Back In Town? With Bitcoin tumbling back to $8,000 the entire scene has turned bearish again with wannabe analysts shouting about further dumps to $5k or below. There is also a lot of FUD about miner capitulation as the halving approaches and the possibility of the first ever bearish lead up to the event. One of twitter’s more respected analysts and researchers, ‘PlanB’ has noted that this has also happened before. “Fact is that 6 months before 2012 halving we were above difficulty model value, in 2016 below, and now spot on.” Lot of FUD about miner capitulation. Fact is that 6 months before 2012 halving we were above difficulty model value, in 2016 below, and now spot on. Also, I am looking at +2% difficulty adjustment next Thursday. Cheer up! https://t.co/zMdxlteR6Z pic.twitter.com/8OcuVYp70l — PlanB (@100trillionUSD) November 19, 2019 It could be that twitter engagement is indicative of falling market sentiment, but back when tweet levels were this low in January 2017, BTC was priced below $1,000 and today the scene is very different. Image from Shutterstock Bitcoin Twitter Engagement Tumbles to Two Year Lows as Sentiment Turns Bearish was last modified: November 21st, 2019 by Martin YoungThe post Bitcoin Twitter Engagement Tumbles to Two Year Lows as Sentiment Turns Bearish appeared first on NewsBTC.
NewsBTC

Leave.EU chairman’s Twitter account hacked, private messages leaked

A hacker hijacked the Twitter account of Arron Banks, chairman of the pro-Brexit UK political campaign organization Leave.EU, and leaked his private message history online earlier this week. The BBC yesterday reported that the culprit had access to thousands of private messages that had been sent and received by Banks over several years. The Register further reported that the hacked Twitter account was used to spread links to a Mega.nz download page that hosted a dump of the messages. Banks’ account has been suspended and the file is reportedly no longer available online. The Guardian reported that the attack involved illegal access to Banks’s email address, and quoted a Leave.EU spokesman as saying that a SIM swap also took place. Banks directed his outrage toward Twitter, accusing the social media company of mounting an inadequate response. “I became aware last night that my Twitter account had been hacked and that persons involved have posted personal data obtained illegally via Twitter,” Banks wrote on the official Twitter page of Leave.EU. “The matter has been reported to the police.” “Twitter were [sic] notified 12 hours ago, and despite repeated requests they have taken no action to deactivate the account or remove the illegal data downloads,” Banks continued. “Despite the obvious lack of security at Twitter related to personal data, they have deliberately chosen to leave personal data in the public domain.” Per the BBC, Twitter said it had “taken steps to secure the compromised account” and “will continue to take firm enforcement action in line with our policy which strictly prohibits the distribution on our service of materials obtained through hacking.” In February 2019, the UK’s Information Committer’s Office levied a £120,000 fine against Leave.EU and Eldon Insurance — a company founded and owned by Banks — for breaching data protection laws. Leave.EU reportedly sent Eldon customers political marketing messages without their consent, and Eldon sent unsolicited emails offering discounts to Leave.EU subscribers. The post Leave.EU chairman’s Twitter account hacked, private messages leaked appeared first on SC Media.
SC Media

Vitalik Buterin Leads Ethereum Name Service Commemoration on Twitter Despite Privacy Concerns

The Ethereum Name Service is currently being commemorated by crypto enthusiasts across the community. Popular figures within the blockchain and crypto arena have added the extension ‘.eth’ on their social media identities for platforms like twitter. This innovation by Ethereum is not far from the email concept invented back when the internet was at its […]
Bitcoin Exchange Guide

Chinese Kuniao Browser Grants “Legal” Access to Twitter and Facebook

Using the Internet is China is very different from virtually anywhere else in the world. Numerous websites are blocked, and this artificial blockade cannot be circumvented that easily. That was, until a new web browser called Kuniao came to market. Kuniao is a Curious Chinese Browser This particular application is the product of a smaller-scale Chinese company. While building a new web browser isn’t overly impressive, the functionality that it provides certainly is. The company behind Kuniao claims users can legally access Twitter, Facebook, and YouTube. In doing so, the browser would contract the internet rules imposed by the Chinese government in this day and age. Over 200,000 users signed up during the first day, which caused the servers to get overloaded and crash within mere hours. Kuniao is a web browser available for desktop and smartphones, with a tablet release probably coming in the next few weeks. Under the hood, Kuniao utilizes a VPN protocol to circumvent China’s Great Firewall. That aspect raises even more suspicion, as the use of VPNs can get one thrown in jail in the country. As one would expect, there is a catch to Kuniao, and one that doesn’t sit well with many citizens. Prior to downloading the browser, consumers need to register their phone number and agree to having their browser history being tracked. Despite these requirements, the company behind the browser is rather transparent regarding these specific rules. The big question is how long it will take until the Chinese government decided to shut this project down indefinitely.  Image(s): Shutterstock.com The post Chinese Kuniao Browser Grants “Legal” Access to Twitter and Facebook appeared first on NullTX.
NullTX
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DIGEST

This week, everyone made a wish about crypto price increase — while we observed the Rothschild vs. Trump scandal, — and surely made some crypto predictions for the New Year

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DIGEST

This week an insane amount of times the topic of privacy rises. It is finally so acute that it can not be ignored: everyone quotes CEO of Apple and expresses his arguments in favor of the four conditions of privacy indicated by him. Twitter users also share their views on the need for stablecoin

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DIGEST

The Future Is Now

This week Twitter users have a lot of topic for discussion: Tom Lee states to Central Bankers, BTC needs support, Coinbase and Bitcoin adoption — all this in this digest

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Bitcoin Gold Rush, ShapeShift FOX, Binance In India, CFTC + Libra & Ripple + Oxford

My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ---------------------------------------------------------------------------- Support Me On Patreon! https://www.patreon.com/TheModernInvestor ---------------------------------------------------------------------------- Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ----------------------------------------------------------------------------- Want To Send Me A Tip? Bitcoin Donations Address: 1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address: rsoKR5VHJx84oMTYbS7tWg7g5aFebYirVi Ethereum / KIN / OmiseGo Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 ----------------------------------------------------------------------------- Open An Account With Binance! https://www.binance.com/?ref=22170588 ------------------------------------------------------------------------------ Buy Bitcoin And Ethereum With Fiat On Binance! https://www.binance.je/?ref=35009618 -------------------------------------------------------------------------------- Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig Follow Me On Twitter: https://twitter.com/ModernInvest ---------------------------------------------------------------------------------- Very Special Thanks To My Patreon Supporters: Professor Wally From Gunbot University Liam O'Cashidey Cory Stevens RTC 2021 Forex Lens Inc Auspicious Agile & Blockchain Yet Another Nick Bitsource AML Solutions Chris Charles Roman Geber David Chosrova Stuart Niven Larry Gooch Tyler Winklevoss NBKrypto Steven Harper Ulf Fatman Josefsson Mohammad Tabbaa Brian Vaci Jeffrey Pete Mozar Cryptocurrency Logic Jonathan Robert Kraus Josh Gorcyca K9 Ytrup Crypto Jedi Truls Lee 3000 O. Tom Chhuong Kaneko Tomonori Sir Thomas11_11 Mike McCarty Crypto And Beer Shipmate ZEN Lunacy VV Nicola Kenny Mr. Smith Joey The Happy Farmer Damien Walker ---------------------------------------------------------------------------------- Photo Credit To: https://blog.providentmetals.com/wp-content/uploads/2017/03/shutterstock_537448696.jpg
The Modern Investor

ShapeShift Launching FOX Coin to Compete on ERC-20 Market

Coinspeaker ShapeShift Launching FOX Coin to Compete on ERC-20 MarketThere are many utility tokens on the market, some of them left from the “golden ICO era” of 2017, some of them came later. Every time a smart investor is looking at a new project, he thinks – a token again? Yes, one more token, this time coming from the veterans of the industry.To compete with Binance‘s Binance Coin and Bithumb Coin that has been recently officially launched by Bithumb, you need something special. Since Erik Voorhees, CEO and founder of ShapeShift, is not an ordinary person, having connections all over the industry, he has prepared a gift so unique you won’t be able to resist it. When registering on the platform, a user automatically gets 100 FOX tokens. He then can hold them within the account, which will grant $10 in free trading volume per token per month.Voorhees says that his company was thinking about launching their coin since 2017. No wonder, considering this year can be named the most profitable to scammers, thieves, and even idiots. You cannot trade with losses when the market is rising all year long, right? Finally, after 2,5 years of thinking about the creation of coin, ShapeShift made it.FOX Token Won’t Use Own BlockchainAs you may already notice, the new cryptocurrency – ERC-20 Ethereum token, is some token with high liquidity and a small area of using. It touches the lives of bitcoiners around the globe in a speedy, hardcore manner to make them leave custodial exchanges. The company will gather everything around being a non-custodial wallet. Erik noted:“We’re hoping that this will help marginally move some people away from custodians and be more comfortable with the non-custodial model.”Voorhees thinks that it is OK that the new coin won’t have its own blockchain. Its purpose is pretty limited, so there is no need for expensive mining equipment or video blades to perform well in mining, trading or staking this new asset. He also claims that Shapeshift will allow you to claim more benefits from staking in the future months, using the FOX. The service says that the new money will be used in different use cases, including the goal of shifting users from centralized exchanges to this new ideology. “ShapeShift’s goal is to make self-custody a seamless and enjoyable experience because this will help the world move toward self-sovereign finance and away from fiat,” added he.ShapeShift Can Provide the Liquidity You NeedThere is no other crypto custodian that will let you hold your coins as a self-custodian and trade for free at the same time. Only SS can process large amount of clients on their servers. Thousands of people are fleeing to the company every day, but many leave due to the KYC measures. What made this “fleeing” so special is that they buy cryptocurrencies and sell them so that the market moves somewhere.“This has nothing to do with establishing a new chain. Basically, we’re trying to get people away from custodial exchanges. This is an endemic problem in the crypto world that was a problem in 2011 when I first got involved, and it’s still a problem. So, we realized that to solve that, we had to provide all that stuff in one place,” said Voorhees.ShapeShift Launching FOX Coin to Compete on ERC-20 Market
Coinspeaker

USDT Transfers in Ethereum Up 6,000% in 2019

Tether (USDT) dominance in Ethereum is on the rise according to GlassNode, an on-chain market intelligence firm. Cumulatively, the amount of USDT transacted in Ethereum exceeds $100 billion, a 6,000% rise since early 2019. USDT is a stablecoin that is pegged 1:1 against the USD and several fiat currencies. It is officially issued by Tether Limited, a company that has links with Bitfinex, a Hong Kong-based cryptocurrency exchange. USDT Statistics in Ethereum #Tether adoption on #Ethereum still on the rise: $USDT cumulative on–chain volume just surpassed 100 billion USD. That's an increase of more than 6000% since the beginning of 2019. pic.twitter.com/eoPKG9pEfq — glassnode (@glassnode) November 19, 2019 With the shift to Ethereum, USDT transactions are now more active and even harder to track. Combined, Tether’s smart contracts have spent over 2,000 ETHs in Gas as per data from ETHGas Station. This translates to $367k paid as fees with each transaction billed at 21.1 GWei. It is over 10X more than those paid by IDEX smart contracts. There are 562,969 USDT holders generating 11,734,646 transfers pushing Tether’s diluted market cap to $2.03 billion. Overall, the token circulating supply stands at $4.12 billion with a market cap of $4.124 billion at the time of press. USDT Token Holders At this rate, USDT smart contracts burn 10.49% of all Gas with average GWei fluctuating depending on supply and demand forces. When there is a noticeable rise or fall in Bitcoin prices, USDT activity tends to spike. Tether Limited’s Objective According to a circular from Tether Limited, the company has made headway in allowing users to send value over the blockchain without the inherent risk of volatility and complexity associated with free floating cryptocurrencies. By rolling out a stablecoin on Ethereum and complying with the ERC-20 standard, a guide used by most fungible tokens generated on the smart contracting platform, users enjoy faster confirmation times, low transaction fees than they would have on the Omni Protocol. ETH Falls to Third Place Earlier, a report by Bloomberg revealed that USDT was rapidly catching up with ETH and BTC as a preferable means of payment. Statistics published by CoinPayment showed that USDT popularity surged 30% as merchants were attracted to the token’s non-volatility and low transaction fees. BTC related payment shrunk to 60% from 80% with ETH dropping to third as USDT climbed to second. The post USDT Transfers in Ethereum Up 6,000% in 2019 appeared first on Coingape.
CoinGape

Bitfinex Announces Strategic Collaboration with ODEM to Expand Cryptocurrency and Blockchain Education

Zug, Switzerland, Nov. 21, 2019 (GLOBE NEWSWIRE) -- (via Blockchain Wire) ODEM SA and Bitfinex, a state-of-the-art digital asset platform, are excited to announce a strategic cooperation introducing a new model of education on the role of digital tokens in the blockchain-enabled economy. The idea is to provide an innovative token transaction simulation model, designed and operated by ODEM, using Bitfinex as its premier liquidity platform. Together, they will launch a series of programs and courses aiming at increasing the level of education of both novice and advanced Bitfinex users who are interested in obtaining more knowledge about the technical features of digital tokens. In conjunction with these educational programs, ODEM will launch a full simulation of its education marketplace. Bitfinex will provide the liquidity for ODEM transactions, reflected through ODEM's smart contracts. This way, Bitfinex users purchasing educational programs on the ODEM Marketplace using the same credentials as on Bitfinex will be able to view their ODEM Token transactions on Bitfinex's order book. "We're excited to be the first to market with completely mirrored fiat-to-crypto trades in our education and employment marketplace," said Richard Maaghul, CEO at ODEM. "Mirroring blockchain transactions allows users to view their payment activity reflected through our smart contracts in real-time and viewable through Etherscan.io. Transactions conducted by ODEM's Token simulation are fueled by liquidity provided by Bitfinex. With their support ...Full story available on Benzinga.com
Benzinga

Polymath building new security token blockchain platform on Substrate

The team of Polymath, a platform for security token issuance and management, declared back in back in March of this year during Consensus New York, that it had begun work on building a new base layer public blockchain from the ground up – codenamed Polymesh. Now, Polymath has announced that it is building Polymesh on […] CryptoNinjas: Polymath building new security token blockchain platform on Substrate
CryptoNinjas
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