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On Net Neutrality, Your Rights, and Your Voice

TheMerkle US Congress Hosue Bill 3364 CryptocurrencyIt’s time to remind everyone that attacks on net neutrality are still alive and well in Washington, DC. There have been some developments in this very pressing – and it is pressing – matter, and few of them are good. The FCC continues to try and undermine the rights of Americans Not everything that the FCC does is bad. In fact, the commission just struck a pretty high note by proposing rules that would end robocalling. I am unsure how many of our readers are afflicted by numerous robocalls, but they can be incredibly annoying. It pleases me that the FCC is working to end them.

TheMerkle US Congress Hosue Bill 3364 Cryptocurrency

It’s time to remind everyone that attacks on net neutrality are still alive and well in Washington, DC. There have been some developments in this very pressing – and it is pressing – matter, and few of them are good.

The FCC continues to try and undermine the rights of Americans

Not everything that the FCC does is bad. In fact, the commission just struck a pretty high note by proposing rules that would end robocalling. I am unsure how many of our readers are afflicted by numerous robocalls, but they can be incredibly annoying. It pleases me that the FCC is working to end them.

However, even as the FCC seems to try and protect some rights, it’s continued its massive campaign for a wholesale repeal of Obama era net neutrality rules – which is a direct attack on free speech rights and digital rights at large. It is frustrating to see these two, asymmetrical sides of the same coin.

Worryingly, it appears that if the commission gets its way, then it may be incredibly hard to ever enshrine digital speech rights into law again. As it stands, big telecommunications companies and the FCC are courting each other, flirting with money and rights. There is a very real possibility that part of a hypothetical FCC repeal of net neutrality could include clauses which would prevent the United States from writing net neutrality laws back into the books.

If that happened, it would be as devious as it would be clever. The FCC would do the heavy lifting to get net neutrality repealed, then place the onus on the next group to try and reinstate them. Even if a law was passed stipulating that the US couldn’t rewrite net neutrality back into law, that law could be repealed. The strange beauty of the legal system is that it is just organized chaos built on previous decisions. Individual decisions can be overturned, but it takes work to do so. Given that the American public can barely be bothered to protect their rights, the gamble that there would not be a strong push to reinstate those rights is probably pretty safe for the FCC and big telecom.

An increasingly frequent trend

Sadly, it is not just big telecom we see receiving increasingly favorable treatment – to the detriment of citizens – from lawmakers and the executive branch. Wall Street, large financial institutions, and data sellers all are benefiting from lax regulation or a willingness to look the other way. Recently, a tie was broken by Vice President Mike Pence that declared consumers – US citizens – do not have the right to hold big institutions accountable for the latter’s misdeeds in (mis)handling sensitive personal data. This is bad news for pretty much the entirety of credit-holding America who got doxxed by a company they never signed up with. It is sickening.

That being said, I don’t want to end on a bad note. The good thing is that you can be vocal about this. Writing and calling lawmakers actually can be effective sometimes. Just remember, you have to protect your rights, because clearly others won’t do it for you.

The 7 Biggest Challenges Facing Bitcoin – Motley Fool

The 7 Biggest Challenges Facing Bitcoin
Motley Fool
Bitcoin has been incredibly volatile since its inception. I wrote in September that $10 worth of bitcoin in 2010 would be worth millions of dollars today. And the volatility isn’t slowing down — in fact, since I wrote that article less than two months

and more »


The 7 Biggest Challenges Facing Bitcoin
Motley Fool
Bitcoin has been incredibly volatile since its inception. I wrote in September that $10 worth of bitcoin in 2010 would be worth millions of dollars today. And the volatility isn't slowing down -- in fact, since I wrote that article less than two months ...

and more »

Bitfinex Struggles with Money Withdrawal, Community Observers Predict MtGox Scenario

A number of Bitfinex users are voicing their concerns via Twitter and Medium regarding the general lack of clarity about Bitfinex trading, with some suggesting it is looking like a ‘MtGox scenario’.

A number of Bitfinex users are voicing their concerns via Twitter and Medium regarding the general lack of clarity about Bitfinex trading, with some suggesting it is looking like a ‘MtGox scenario’.

Ethereum Price Surpasses $350 as Bullish Momentum Returns

TheMerkle Ethereum Price 350Interesting changes continue to occur in the world of cryptocurrency at an accelerated pace. Despite a good first half of the year, the Ethereum price has seen severe struggles to finally surpass $350 again. Such a change occurred last night, as the Ethereum price seemingly went through this resistance like a hot knife through butter. Whether or not this momentum will be sustained for more than one full day, is always the big question. Ethereum Price Shows Bullish Signs It is good to see most altcoins finally recovered now that Bitcoin’s bull run has been kept in check for some

TheMerkle Ethereum Price 350

Interesting changes continue to occur in the world of cryptocurrency at an accelerated pace. Despite a good first half of the year, the Ethereum price has seen severe struggles to finally surpass $350 again. Such a change occurred last night, as the Ethereum price seemingly went through this resistance like a hot knife through butter. Whether or not this momentum will be sustained for more than one full day, is always the big question.

Ethereum Price Shows Bullish Signs

It is good to see most altcoins finally recovered now that Bitcoin’s bull run has been kept in check for some time. Although it is only a matter of time until the Bitcoin price reaches $8,000 and more again, the spotlight is on alternative currencies right now. The Ethereum price, for example, has noted strong gains in both USD and BTC value over the past 24 hours. Going up by over 7.4% in both departments isn’t too shabby.

More specifically, we have seen a pretty solid degree of accumulation for Ethereum most of this week. Someone was more than content to keep the Ethereum price around the $330 mark without it gaining or dropping too much for any specific period. This flat chart was bound to be broken sooner or later. It could have easily been a major Ethereum price crash as well, but so far, things are playing out pretty well. Do keep in mind this is the weekend, and the regular trading trend will be resumed tomorrow.

Thanks to these solid gains in both USD and BTC value, the Ethereum price has finally surpassed $350 once again. It is good to see this momentum happen at such a critical point in time. Most people tend to overlook the altcoin markets right now, but that would be a grave mistake. All top 10 cryptocurrencies are in the green with the exception of Bitcoin Cash, Dash, and NEO. All three of those currencies have seen a semi-pump this week, though, and a correction is bound to happen afterward.

This Ethereum price surge is partially made possible thanks to increasing trading volume. It has been a while since we last saw over $1bn worth of ETH trading volume in 24 hours. A strong demand, to say the very least, especially when considering how we see four fiat currency trading pairs leading the charts. This is not merely people converting Bitcoin to Ethereum and vice versa, like with most other altcoins which have seen “organic” growth this week.

Speaking of the Ethereum trading volume, Bithumb is the biggest benefactor right now. Bitfinex is trying to compete for the top spot, but they are over $70m in volume behind. Coinone completes the top three, with barely over half the volume of Bitfinex. An interesting top three, yet it also shows Bithumb is mainly responsible for these price gains. Traders on that platform have gone absolutely nuts for most of the supported altcoins as of late.

How the Ethereum price will evolve over the next few hours and days, remains anybody’s guess. The current momentum seems to favor the Ethereum price, but one also has to keep in mind profit-taking will set in soon. A lot of buyers are nearing a 10% profit, which is more than sufficient for some to liquidate holdings and repeat the cycle. At the same time, the current amount of trading volume may turn that into a far too risky strategy.

Manhattan’s Real Estate Eyes Up Bitcoin for Property Payments – CryptoCoinsNews

Manhattan’s Real Estate Eyes Up Bitcoin for Property Payments
CryptoCoinsNews
Manhattan’s real estate market is embracing bitcoin for property payments as the digital currency increases in value. One property developer who is hoping to capitalise on the recent digital currency boom is Ben Shaoul, of Magnum Real Estate Group.


Manhattan's Real Estate Eyes Up Bitcoin for Property Payments
CryptoCoinsNews
Manhattan's real estate market is embracing bitcoin for property payments as the digital currency increases in value. One property developer who is hoping to capitalise on the recent digital currency boom is Ben Shaoul, of Magnum Real Estate Group.

If There Is a Bubble, It’s in Bitcoin – Wall Street Journal


Wall Street Journal

If There Is a Bubble, It’s in Bitcoin
Wall Street Journal
If the markets are at a top, bitcoin has scaled the highest peak. Past episodes of market euphoria have often been marked by extreme optimism over new technologies. In the 1920s it was automobiles and radio. In the late 1990s it was the internet. Today


Wall Street Journal

If There Is a Bubble, It's in Bitcoin
Wall Street Journal
If the markets are at a top, bitcoin has scaled the highest peak. Past episodes of market euphoria have often been marked by extreme optimism over new technologies. In the 1920s it was automobiles and radio. In the late 1990s it was the internet. Today ...

Even Investors with Access Want ICO Presale Reform

Many agree that the now-commonplace ICO presale to public sale process is too compressed and goes against the funding method’s original intent.

Many agree that the now-commonplace ICO presale to public sale process is too compressed and goes against the funding method’s original intent.

The Gentrification of ICOs Is Underway

The ICO neighborhood, so to speak, is cleaning up, though University of Dublin’s Paul Ennis suggests this may not exactly be a future to fear.

The ICO neighborhood, so to speak, is cleaning up, though University of Dublin’s Paul Ennis suggests this may not exactly be a future to fear.

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin Alarm – Bitcoin News (press release)

Bitcoin News (press release)From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin AlarmBitcoin News (press release)Of late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especia…


Bitcoin News (press release)

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin Alarm
Bitcoin News (press release)
Of late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is ...

and more »

Bitcoin’s blockchain technology praised by Wall Street – New York Post


New York Post

Bitcoin’s blockchain technology praised by Wall Street
New York Post
What set the financial world agog is the blockchain technology that supports bitcoin and other cryptocurrencies. While JPMorgan chief Jamie Dimon slammed bitcoin, he had praise for the technology. I had the opportunity to speak with Brad Levy, the CEO
Up and Away? Bitcoin Price Eyes $8000 Or HigherCoinDesk

all 15 news articles »


New York Post

Bitcoin's blockchain technology praised by Wall Street
New York Post
What set the financial world agog is the blockchain technology that supports bitcoin and other cryptocurrencies. While JPMorgan chief Jamie Dimon slammed bitcoin, he had praise for the technology. I had the opportunity to speak with Brad Levy, the CEO ...
Up and Away? Bitcoin Price Eyes $8000 Or HigherCoinDesk

all 15 news articles »