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#41
The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters


Bitcoin's limited supply is about to get a bit more limited.

Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.info shows, a development that would mark yet another milestone for the world's first cryptocurrency. That's because as per bitcoin's current rules, only 21 million bitcoin can ever be created.

Stepping back, the milestone, the first million-bitcoin marker to be crossed since mid-2016, is perhaps noteworthy as yet another reminder of the technology's core computer science achievement - digital scarcity created and enabled by shared software.

In short, bitcoin's code, since cloned and adapted by scores of other upstart cryptocurrencies, ensures that only a set number of new bitcoins are introduced to its economy at intervals. Miners, or those who operate the hardware necessary to track bitcoin's transaction set, are rewarded with this scarce data every time they add new entries to the official record.
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#42
Pullback Over? Bitcoin Retakes $9K, Eyes Further Gains.

Having recovered from a five-day low hit yesterday, bitcoin (BTC) has potential for a move higher towards major resistance at $9,880, the technical charts indicate.

The cryptocurrency moved back above $9,000 in the Asian hours after the pullback from the recent high of $9,767 ran out of steam around the ascending (bullish) 4-hour 50-candle moving average (MA).

As of writing, BTC is trading at  $9,251 on Bitfinex, representing marginal losses over the previous day's close (as per UTC) of $9,270.

A bearish follow-through to Wednesday's bearish outside-day reversal would have been bad news for the bulls, but BTC instead appreciated by 4.5 percent on Thursday, keeping them in the game. Had BTC closed yesterday below $8,765 (Wednesday's low), the bears would have had the upper hand for the short-term.
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#43
Binance, Bermuda Ink $15 Million Crypto Investment Agreement.

Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced.

Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional $5 million will be invested in blockchain startups.

On top of that, Binance will help the Bermuda government develop a regulatory framework for cryptocurrencies and blockchain, as well as establish a new office in the country.
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#44
5 More Payments Firms to Adopt Ripple's xVia Tech.

Five payments providers in Europe and Asia are set to use Ripple's xVia technology, the distributed ledger startup announced Thursday.

The company's new customers include U.K.-based firms FairFX, RationalFX and Exchange4Free, in addition to peer-to-peer currency exchange platform MoneyMatch in Malaysia and settlements company UniPay from the Republic of Georgia.

Using Ripple's xVia tech will help these companies expand their customer base, said Ripple senior vice president of product Asheesh Birla.
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#45
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#46
Danish Ice Hockey Stadium Rebrands to ‘Bitcoin Arena’ as Awareness Grows.

Earlier this year, the Rungsted Seier Capital ice rink in Denmark was rebranded to Bitcoin Arena by co-owner Lars Seier Christensen and billionaire sponsor Niklas Nikolajsen.

The two individuals that oversee the operations of the stadium said that they were keen on rebranding it to spread awareness of bitcoin. Nikolajsen emphasized that he and his partner were intrigued by the attention the stadium’s rebranding would bring to the cryptocurrency market and bitcoin, especially in a country like Denmark whose blockchain sector has not evolved relative to other regions.
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#47
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#48
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#49
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#50
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