Weekly, May 7-11 ’18

Casper code release, EOS launches Space Invaders, Bill Gates against BTC, Palihapitiya defends BTC, McAfee's prediction, Fundstrat's prediction, Novogratz partners with Bloomberg, Kohn's opinion, ETH image, Vitalik Buterin about privacy, SEC about understanding crypto, NYSE launches BTC trading desk, Telegram Passport test, Nvidia's revenue, blockchain development in China

  • Casper code v0.1 for Ethereum mainnet is released and will become a hybrid between PoS and PoW systems. This long awaited update for Ethereum mainnet will become a hybrid between Proof-of-Stake and Proof-of-Work systems. Casper solution is designed to help Ethereum solve its problems with scalability, because PoS block generation is much faster.
  • EOS launches a Space Invaders game on its testnet. Anyone can play it. The game generates new private keys for user, thus no worries about the need to expose your own private keys.
  • Bill Gates doesn't like Bitcoin, says he would short it if he could. The only thing that stops him from doing it is that there's no easy way to do it. Tyler Winklevoss respond to Gates, explaining an easy way to short Bitcoin by buying futures contracts on CBOE.
  • Former Facebook executive and venture capitalist Chamath Palihapitiya defends Bitcoin against Buffet's criticism. He says that Bitcoin is like a non-correlated badge to the stock market.
  • John McAfee in a recent interview assures again that Bitcoin will go to $1 million by 2020. He explains that its users base expands quickly and there's a limited number of Bitcoins, thus someday everybody will need a small piece of Bitcoin, boosting the price.
  • Fundstrat, a global research company, has published its prediction saying that the price of Bitcoin could be $64,000 by 2019. The firm's calculations were based on growing hashpower.
  • Mike Novogratz, ex-hedge fund manager of the Fortress Investment Group, launched a new cryptocurrency index, in partnership with Bloomberg LLP. It tracks the performance of Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Dash, Monero, Ethereum Classic, and Zcash.
  • Gary Kohn, who was the chief economic advisor to President Trump in 2017 and 2018, doesn't think that Bitcoin is something big,but he believes that someday the global cryptocurrency will eventually emerge. But he believes that someday the global cryptocurrency will eventually emerge.
  • Bitcoin is still more popular than Elon Musk or lambos in search engines, Ethereum is more popular than Bill Gates or Warren Buffet.
  • Vitalik Buterin claims that privacy could be more important than decentralization in case of private coins. Being an advisor for Zcash, he is sure that decentralization is a luxury, and it’s important only for coin’s long-term survival, but not for its privacy features.
  • Hester Peirce, the US’s SEC Commissioner talked about the importance of understanding crypto before putting forward any regulations. During a speech at the Medici Conference she expresses an idea that innovations must be treated kindly instead of banning them straight away.
  • New York Stock Exchange is going to launch a new trading desk for Bitcoin trade allowing large investors to buy and hold Bitcoin. It would allow large investors to buy and hold Bitcoin, that was impossible for them to do until now.
  • Telegram is testing a new service called Telegram Passport which will be used to keep personal details, copies of IDs, banking statements and other documents to identify users on Telegram Open Network. It will be used to keep personal details, copies of IDs, banking statements and other documents to identify users on Telegram Open Network.
  • Nvidia reveals its $289 million revenue from crypto miners in the first quarter of 2018. The demand was higher than expected and brought in $289 million in revenue.
  • China wants to release blockchain standard by the end of 2019. China officials claim that the development of blockchain technologies may become an important step for China in global technological competition.

BTC

8,744 USD
-5.52%

ETH

272.72 USD
-8.76%

LTC

115.12 USD
-7.04%

XRP

0.4543 USD
-4.39%

BCH

437.73 USD
-3.73%

ZEC

85.65 USD
-5.60%

ETC

8.24 USD
-8.53%

DASH

170.40 USD
-6.27%

XMR

96.55 USD
-5.13%

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