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Bitcoin ‘Dies’ for the 300th Time, Trading At $7300 – Cointelegraph


Cointelegraph

Bitcoin ‘Dies’ for the 300th Time, Trading At $7300
Cointelegraph
Bitcoin (BTC) has recently “died” for the 300th time, according to 99Bitcoins Bitcoin obituary list. The cryptocurrency faced its “most recent death” in the latest “obituary” provided by Forbes. Bitcoin celebrates its 300th death anniversary following


Cointelegraph

Bitcoin 'Dies' for the 300th Time, Trading At $7300
Cointelegraph
Bitcoin (BTC) has recently “died” for the 300th time, according to 99Bitcoins Bitcoin obituary list. The cryptocurrency faced its “most recent death” in the latest “obituary” provided by Forbes. Bitcoin celebrates its 300th death anniversary following ...

Swiss Alps Energy AG provides Hydropower for Mining

Swiss Alps Energy AG (SAE) is creating a decentralized blockchain system with environment-friendly and efficient modular equipment in the Swiss Alps. It will be based on renewable hydropower energy and located in unused buildings. The aim of SAE is to make mining more sustainable and create a highly technological environment in areas of Switzerland. Swiss Alps Mining (SAM) background Mining consumes a huge amount of energy worldwide as alternative sources are still undervalued. The SAE team decided to turn this around. There are over 1,400 hydropower plants and 400,000 unused buildings in the Swiss Alps that can be effectively used

Swiss Alps Energy AG (SAE) is creating a decentralized blockchain system with environment-friendly and efficient modular equipment in the Swiss Alps. It will be based on renewable hydropower energy and located in unused buildings. The aim of SAE is to make mining more sustainable and create a highly technological environment in areas of Switzerland.

Swiss Alps Mining (SAM) background

Mining consumes a huge amount of energy worldwide as alternative sources are still undervalued. The SAE team decided to turn this around. There are over 1,400 hydropower plants and 400,000 unused buildings in the Swiss Alps that can be effectively used as locations for the mining network.

With the support of the local authorities and government representatives, the vacant structures can be converted to form the appropriate infrastructure for mining facilities. The main goal of the project is to distribute cheap energy and hardware to miners and develop a friendly blockchain-based ecosystem for energy consumption.

Overall, the SAE concept stands for popularization of decentralized mining, alleviating the environmental burden, providing cheap and clean energy, supporting the economy and digital transformation of the Swiss Alps. Energy and mining equipment will be available for everybody as well as a blockchain system with full support of smart contracts and distributed apps.

Swiss Alps Mining features

The original infrastructure will be based on five principles:

  1. Plant. Hydropower facilities produce cheap energy (about 3 cents for 1 kWh) for mining equipment.  
  2. Cube. Modular equipment with a built-in energy recovery system generates electricity using the waste heat from mining. Cubes come in aluminum cases with efficient ventilation units, and can be kitted out with GPU or ASIC miners. The Cubes operate remotely and autonomously.
  3. Center. Core offices operate in each area where the cubes are installed. Centers provide workplaces for administrators and operators, who will be dealing with the issues related to environmental protection, local government control or tax services.
  4. Smart Mining. The AI-based decision support system provides miners with the best possible options on profitable coins, mining optimization and adjustment.
  5. Blockchain. The system offers a Platform-as-a-Service (PaaS) interaction with unique DLT networks for participants to create different frameworks. The blockchain complies with KYC and AML principles.

In addition, the team plans to release a native token (SAM). It will be based on the ERC20 standard and circulate within the Ethereum smart contracts platform. SAM tokens will be used for renting power and buying SAM Cubes, ordering energy from SAM Plants, using the SAM Blockchain, creating and maintaining services of the system. SAM tokens will be available for trading on exchanges as well. There will be a total of 311,011,901 tokens.

About Swiss Alps Energy AG

Established in 2018, Swiss Alps Energy AG (SAE) is a Switzerland-based startup dealing with cryptocurrencies, blockchain, and energy. SAE provides modular mining facilities based on renewable energy for long-term use. The team unites both crypto professionals and expert engineers. Dr. Daniel Rytz – interim CEO of Polymetrix – and Marco Calicchia – CEO of MaZee – are advisors to the team.

Contacts

For additional information, please follow the links:

E-mail: [email protected], [email protected]

Official website: https://swissalpsmining.io/

Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Trdaing CFDs: an Introduction

A contract for difference (CFD) offers traders and investors an opportunity to profit from the price movement of an underlying asset without owning it. This type of online trading enables traders to take advantage of the value fluctuation for a range of fast-moving global financial instruments such as shares, indices, commodities and currencies. Trading CFDs is becoming more popular as it provides traders with many advantages. The most important benefit of this type of trading are low brokerage fees associated with it, mainly because you trade the difference between the purchase sale prices of an asset. Often only margin spreads

A contract for difference (CFD) offers traders and investors an opportunity to profit from the price movement of an underlying asset without owning it. This type of online trading enables traders to take advantage of the value fluctuation for a range of fast-moving global financial instruments such as shares, indices, commodities and currencies. Trading CFDs is becoming more popular as it provides traders with many advantages.

The most important benefit of this type of trading are low brokerage fees associated with it, mainly because you trade the difference between the purchase sale prices of an asset. Often only margin spreads are charged which are part of any CFD broker’s trading policy.

However, like any type of trade or investment, wrong market forecasts can lead to loss of money, and one should be aware of the risks involved in CFD trading. We strongly suggest trading on a demo account before investing.

How does it work?

With top brokers you will be able to trade over 1000 instruments. When you are trading CFDs you select the amount of CFD trades and your profit will rise or drop depending on the market direction. For example, if you think the price of oil is going to go up then you could place a buy trade of 5 contracts at the price of 5325. If the market rose 30 points to 5355 and you closed out your position, you would make a $150 profit, 30 times the 5 contracts that you bought. For every point the price of the instrument moves in your trade’s favor, you gain multiples of the number of CFD units you have bought or sold. For every point the price moves against, you will make a loss. Please remember that losses can exceed your deposits. ​

Costs of CFD trading

When you are trading online there are fees you need to be aware of. The most common one is called a spread, which represents the difference between the buy and sell price. You enter a buy trade using the buy price quoted and exit using the sell price. The narrower the spread, the less the price needs to move in your favor before you start to make a profit, or if the price moves against you, a loss. We recommend you always choose a top broker that offers competitive spreads.

There are CFD brokers that add holding costs, commissions and market data fees. You need to carefully read terms and conditions to be fully aware of the contract terms. However, any additional fees, except the spread, can lead to costly trades.

By trading CFDs, investors can benefit from the advantages associated with owning an asset without holding that financial instrument. Traders can use these contracts to take long or short-term trading positions based on the underlying asset’s price movements. Alternatively, they can use these contracts to hedge their portfolios, helping to manage different kinds of risk such as downside risk.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

How to use PR to promote an ICO

A well-promoted ICO could potentially attract millions in investment, but If it’s poorly promoted it might not earn enough to create the coin. Here are some best practice ICO PR tips for 2018

A well-promoted ICO could potentially attract millions in investment, but If it’s poorly promoted it might not earn enough to create the coin. Here are some best practice ICO PR tips for 2018

Bitcoin ‘Dies’ for the 300th Time, Trading At $7,300

Bitcoin celebrated its 300th ‘death anniversary’ after a Forbes article called mining energy consumption its “Achilles Heel”

Bitcoin celebrated its 300th ‘death anniversary’ after a Forbes article called mining energy consumption its “Achilles Heel”

Chanos Calls Bitcoin ‘Last Thing I’d Want to Own’ in a Crisis – Bloomberg


Bloomberg

Chanos Calls Bitcoin ‘Last Thing I’d Want to Own’ in a Crisis
Bloomberg
The past year’s euphoria over Bitcoin and other cryptocurrencies fits into the “fraud cycle,” in which people grow less skeptical during long periods of market gains, plowing into investments that would normally seem too good to be true, he said. The

and more »


Bloomberg

Chanos Calls Bitcoin 'Last Thing I'd Want to Own' in a Crisis
Bloomberg
The past year's euphoria over Bitcoin and other cryptocurrencies fits into the “fraud cycle,” in which people grow less skeptical during long periods of market gains, plowing into investments that would normally seem too good to be true, he said. The ...

and more »

Ethereum Price Analysis – Volatile markets on low volume

Ethereum continues to show grassroots growth surrounding total users, developers, and dApps, all of which has not translated into substantial transaction growth over the past few months. Much of the smart contract architecture used by ETH remains in th…

Ethereum continues to show grassroots growth surrounding total users, developers, and dApps, all of which has not translated into substantial transaction growth over the past few months. Much of the smart contract architecture used by ETH remains in the experimentation phase.

CNBC: Google Searches for Bitcoin Down 75% Since Early 2018 – Cointelegraph


Cointelegraph

CNBC: Google Searches for Bitcoin Down 75% Since Early 2018
Cointelegraph
According to research from Google Trends, web searches for the word “Bitcoin” dropped 75% since the beginning of 2018, halving in just the last three months, CNBC reports June 4. Co-founder of Datatrek Research and Wall Street Bitcoin analyst Nicholas …
Google searches for ‘bitcoin‘ nosedive 75% this year as interest in struggling cryptocurrency wanesCNBC
Bitcoin Interest Drops 90 Percent from December, Google TrendsnewsBTC

all 5 news articles »


Cointelegraph

CNBC: Google Searches for Bitcoin Down 75% Since Early 2018
Cointelegraph
According to research from Google Trends, web searches for the word “Bitcoin” dropped 75% since the beginning of 2018, halving in just the last three months, CNBC reports June 4. Co-founder of Datatrek Research and Wall Street Bitcoin analyst Nicholas ...
Google searches for 'bitcoin' nosedive 75% this year as interest in struggling cryptocurrency wanesCNBC
Bitcoin Interest Drops 90 Percent from December, Google TrendsnewsBTC

all 5 news articles »

ADZbuzz Announces Content Discovery Platform With Daily Cryptocurrency Reward, Airdrop

The Internet is awash with new and exciting things to discover and learn. However, curating and collating these widely dispersed contents remains a constant challenge for all but users of the Internet’s best kept secret, ADZbuzz. Built from the ground up and quietly launched in 2016, ADZbuzz has been enabling users to freely synergise between …

The post ADZbuzz Announces Content Discovery Platform With Daily Cryptocurrency Reward, Airdrop appeared first on BitcoinNews.com.

The Internet is awash with new and exciting things to discover and learn. However, curating and collating these widely dispersed contents remains a constant challenge for all but users of the Internet’s best kept secret, ADZbuzz.

Built from the ground up and quietly launched in 2016, ADZbuzz has been enabling users to freely synergise between other content platforms such as Reddit, Steemit, and Feedly. The content discovery platform enable users to easily follow their favourite sites and community through feeds without having to juggle a hundred different tabs and web addresses. Users can freely select and organize contents from their favourite sites and feeds, or discover new contents that they can add to their collection.

Rewarding Community Activity

With ADZbuzz, users can also follow communities and access their latest contents all from the comfort of a sidebar. What’s more, these communities are tokenized on Ethereum blockchain. The tokenization of ADZbuzz’s community has brought about one of its best known feature; the ability to earn daily cryptocurrency reward. As long users keep signing in, they are eligible for daily rewards in hundreds of community tokens and dividends too.

ADZbuzz has also announced the launch of its exchange platform, ADZbuzz Exchange, integrating web publishers and cryptocurrency traders, and rewarding them with profits accumulated from various sources. Traders can earn daily by just trading on the exchange, while publishers now have access to a stream of passive income that is sure to thrust cryptocurrency adoption into mainstream consciousness.

Earning On ADZbuzz

Every member joining the platform is eligible to a claim of 100 ADZbuzz community tokens (ACT’s) and as long as they sign in daily, they’ll keep earning these tokens. Tokens can be held in secure wallets on the platform for daily dividend distribution or exchange ADZ, BTC or ETH on the ADZbuzz exchange.

To claim your free tokens.

Owners of communities are not left out too. They are also able to earn daily profits from activities generated by their communities for just holding their community tokens.

The ADZbuzz Exchange Bonus

The ADZbuzz Exchange boasts of a unique rebate feature endowing traders with the ability to harness 100% rebate for their trading fees in their bonus wallet alongside a 50% rebate from referrals trade. The bonus reward is pegged to the USD at the current exchange rate of the coin the trading fee is received in by ADZbuzz.

About ADZbuzz

ADZbuzz is a social content discovery platform with a built-in RSS reader, bringing content creators, publishers, and readers under a single, unifying ecosystem. The platform not only enable participants to increase reach and accessibility for contents, they are also entitled to daily rewards in cryptocurrency for either signing in or increase in readership base. The platform has been built from the ground up for the last 2.5 years and now includes dozens of features that allow us to compete with the established social networks.

Visit the Website: https://adzbuzz.com/z/welcome/

Read the Whitepaper: https://adzbuzz.com/Adzbuzz-Exchange-White-Paper.pdf

Join on Facebook: https://www.facebook.com/groups/ADZbuzzProject/

Follow on Twitter: https://twitter.com/ADZbuzz

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

The post ADZbuzz Announces Content Discovery Platform With Daily Cryptocurrency Reward, Airdrop appeared first on BitcoinNews.com.

Missoula County looks to limit Bitcoin operations – The Missoulian

The MissoulianMissoula County looks to limit Bitcoin operationsThe MissoulianBitcoin was the first cryptocurrency, created in 2009, and is the most widely used. Mining involves using large blocks of computers to solve complex mathematical puzzles, and …


The Missoulian

Missoula County looks to limit Bitcoin operations
The Missoulian
Bitcoin was the first cryptocurrency, created in 2009, and is the most widely used. Mining involves using large blocks of computers to solve complex mathematical puzzles, and successful miners are paid in cryptocurrency and listed on digital public ...

Vitalik’s Sharding and Plasma is Justin Sun’s 10,000 TPS Checkmate: Ethereum (ETH) Price Technical Analysis (June 5, 2018)

We expect Ethereum prices to appreciate in the days to come especially if we view price action from the weekly chart. So, when we see retracement as such, Ethereum buyers should be preparing to ramp up at cheaper prices with fine tuning happening in lower time frames. In my view, potential support lies at $550

The post Vitalik’s Sharding and Plasma is Justin Sun’s 10,000 TPS Checkmate: Ethereum (ETH) Price Technical Analysis (June 5, 2018) appeared first on NewsBTC.

We expect Ethereum prices to appreciate in the days to come especially if we view price action from the weekly chart. So, when we see retracement as such, Ethereum buyers should be preparing to ramp up at cheaper prices with fine tuning happening in lower time frames. In my view, potential support lies at $550 and that’s where buyers should pick up buy signals and aim for $850. Otherwise, ideal entries for cautious traders should be above $650.

From the News

We cannot refute Ethereum possibilities. It did not only allow for wholesale tokenization but with smart contract, there is innovation and creation of new opportunities. While this has been revolutionizing, the limitation of throughput has been a major concern. A slow throughput inevitably leads to network congestion as more people utilize this platform. As it is Ethereum can handle a maximum of 15 TPS meaning it cannot compete with other networks as Tron who promises high throughput up-to 10,000 TPS for their DApp developers. This is the exact reason why Vitalik Buterin and Ethereum developers are hard at work searching for scaling and throughput solutions.

So far, we have two proposals that are already in development: Sharding and Plasma. Hopefully, implementation of these two could lift all the Ethereum congestion and scalability problems. Sharding will deal with network congestion and proposes the splitting of the Ethereum network nodes into portions called shards. Each shard would handle certain transactions meaning on a quadratic proportion, the network can process thousands if not hundreds of thousands of transaction concurrently through these individual shards. This way, individual nodes won’t have to process each and every transaction that passes through its network as it is the case at the moment.

On the other hand, Plasma would specifically deal with network scalability. It has been a thorny issue and what most want to see is an infinitely scaling network. Plasma would be what Vitalik refers to as a second layer solution that entirely depends on the Ethereum blockchain solely for security. It do share some similarities with LN as both are off chain layers.

Ethereum Price Technical Analysis

Weekly Chart

From a 6 month angle, we can say Ethereum prices are on a down trend. And we cannot be further from the truth when we place a simple trend line between 2018 highs and April highs. The results are obvious. But that’s not the point because in the last two months for example, Ethereum buyers have been trying to make a comeback.

In this chart for example we note that while May was bearish, it didn’t manage to fully reverse April gains. As such, we have a higher high if we connect April and May lows but what’s different is that May’s weekly candlesticks were low in volumes and pales in comparison with April market participation levels. Because of these interesting developments chances are we might see buyers building up from last week’s bullish candlestick and break above $650.

Daily Chart

Here we have nice series of higher highs and as expected, the correction we saw yesterday is but normal. In case you want to pick out perfect bull entries then zoom in to the 4HR chart. From there you can wait for reversals at around $550 minor support line. In the meantime though, traders can stay on the side lines. I only recommend entries when we see up-thrusts above $650. Coincidentally, this level happens to be above May 23 highs. Then again, note that May 23 was the beginning of a climactic sells. Fortunately for hodlers, bears slowed down on May 28 and from there prices begun bottoming out.

The post Vitalik’s Sharding and Plasma is Justin Sun’s 10,000 TPS Checkmate: Ethereum (ETH) Price Technical Analysis (June 5, 2018) appeared first on NewsBTC.