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BitcoinNews.com Daily Podcast 21st October 2018

daily podcast, bitcoin, podcast, BitcoinNews.com Daily Podcast: The New Free and Convenient Way to Listen to the Latest Bitcoin and Cryptocurrency News, burst

Listen to the 21 October 2018 BitcoinNews.com Daily Podcast below. On this edition of the BitcoinNews.com Daily Podcast, we discuss how a geomagnetic reversal would impact Bitcoin. Learn about the Binance Bump. Hear about how the first Bitcoin faucet dispensed 5 Bitcoins per day. Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast a new episode every …


How Would Bitcoin Be Impacted by a Geomagnetic Reversal?

How Would Bitcoin Be Impacted By A Geomagnetic Reversal

The Earth’s magnetic field experiences a geomagnetic reversal periodically, which is where the north pole becomes the south pole, and the south pole becomes the north pole. This would cause compasses to point in the direction opposite to what they do today.  A geomagnetic reversal does not happen all at once, it is a process which takes 1,000-10,000 years, during …


The First Bitcoin Faucet Gave Out 5 Bitcoins Per Day

The First Bitcoin Faucet Gave Out 5 Bitcoins Per Day

Currently, Bitcoin faucets give out a few satoshis per click, where a satoshi is 0.00000001 bitcoin. For example, one of the most popular Bitcoin faucets, 99 Bitcoins, has closed down after dispensing 12.795 bitcoins since November 2015. This pales in comparison to the first Bitcoin faucet launched by Gavin Andresen, one of the earliest Bitcoin developers, in June 2010. At …


Cryptocurrency and Blockchain Makes a Difference in Africa

africa

Humanitarian Blockchain a BitcoinNews.com series    Part 4: Cryptocurrency and Blockchain in Africa Is Making a Difference Both cryptocurrency and blockchain have a part to play in empowering African leaders to inject growth and financial inclusivity into their economies. Individual and local empowerment by taking responsibility for water, electricity, banking, IT, communications, education, local elections, and research are all achievable, as …


Brian Kelly: Crypto Set for Institutional Investment Bull Run in 2019

bull run

CNBC’s Brian Kelly sees the arrival of industry names setting up crypto subsidiaries, as “fantastic news” which should encourage institutional investments to take off in the new year. He was specifically referring to news this week that Boston based Fidelity Investments, the fourth largest asset manager with $7.2 trillion in assets under administration, was moving into crypto, offering custody and …


Demand for DLT Expertise Skyrockets by 300% in the US

In the US, Glassdoor’s job search website has reported four times more offers on blockchain and cryptocurrency positions in August 2018 than that of the previous year. The significant rise in job vacancies in the US blockchain and crypto market is buoyed by those positions requiring software developers, which now represent every fifth vacancy. In August 2017, 446 jobs posted …


SEC FinHub Now Monitors Blockchain Innovation and Offers Advice

SEC Finhub Now Monitors Blockchain Innovation and Offers Advice

The new SEC FinHub is suggesting that investors can now use a new form on their site to request meetings and other information regarding advice regarding compliance with current regulations. FinHub is the go-to site for US Securities and Exchange Commission ICO Advisory Board inquiries regarding fintech. According to the SEC, the form will enable new companies and startups to gain …


Armenia’s New Crypto Mining Farm Receives Visit From PM

Armenia New Crypto Mining Farm Receives Visit From PM

The opening ceremony of Armenia’s newest cryptocurrency mining farm boasted of attendance from the country’s top governmental officials, including the Prime Minister. Amenia’s capital city of Yerevan hosted the ceremony, with those behind the mining farm touting the project as one of the ”world’s largest.” These founders include Armenian conglomerate Multi Group, notoriously founded by oligarch and local politician Gagik Tsarukyan, as …


Blockchain Has 3-5 Years to Maturity, Russian Bank Executive

Blockchain Has 3-5 Years to Maturity, Russian Banking Executive

The CEO of Russia’s largest banking conglomerate, Sberbank has questioned whether governments will embrace new decentralized models while giving blockchain around 3-5 years before it is mature enough to be ready for mass adoption. Despite Herman Gref saying that the nascent blockchain technology is not developed enough for proper use yet, he has faith in the ability of the underlying ideology of …


The Binance Bump: Benefit or Risk?

The Binance Bump When New Cryptos Are Listed

Binance usually has daily trading volume in the USD 0.5-1 billion range, often putting it in the #1 spot relative to all other crypto exchanges in the world. Getting listed on Binance allows a crypto to be traded worldwide, and generally leads to a price rally. The price rally when a new crypto is listed on Binance is being called …


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