The Guardian view on Brexits fishy tale: we will need friends at sea – The Guardian

Fisheries make up a tiny proportion of the UKs economic activity roughly 0.1%; around three-quarters of that is on the processing side of the industry. But that understates the cultural significance of fishing to a nation surrounded by water. The freedom to make a living from the sea is vital to many communities sense of self-sufficiency and self-esteem. It reaches deep into a national sense of independence, which is why the common fisheries policy (CFP) has felt like an affront to sovereignty. Yet when the UK leaves the European Union at the end of January , few believe we will be taking back our waters. Fishings symbolic potency means it will loom larger than many industries in the coming awkward trade compromise.

The parable of the fish tells of a painful adjustment: from Brexit as abstract celebration of sovereignty to Brexit as realisation of limitations on UK power. There will be an 11-month transition during which the terms of the CFP still apply, but then the UK becomes an independent coastal state under UN maritime convention. Its waters are its own to manage within an exclusive economic zone extending 200 nautical miles from the shore. That should feel like taking back control, which is why fishermen were enthusiastic about Brexit. The reality will feel different. About 60% of the fish caught in UK waters is taken by EU ships. British boats get around 15% of their haul from non-British waters. Other coastal states have their own fishing communities with their own identities and interests to protect. They can also pool their negotiating power relative to the UK via the European commission. In theory, Britain has a strong card to play with its newfound legal rights of exclusivity. Europeans want to be able to catch UK fish. Come January 2021, Boris Johnson could supposedly banish EU boats and deploy the Royal Navy to enforce a British monopoly.

July deadlineThat scenario exists only as nationalistic fantasy. The UK is as interested in selling processed goods to Europe as it is in catching fish. British consumers eat relatively little local seafood. We import cod from (non-EU) Norway and Iceland. We sell crayfish and crab to France and Spain. The UK exports 80% of its catch. The majority goes to the EU, facilitated by frictionless borders. After Britain leaves the customs union and single market, those goods will face a range of new checks, labelling requirements and hygiene inspections. Maintaining access to EU consumers will matter more to British negotiators than excluding continental boats from UK waters, especially when many of those vessels catch fish we do not want. Few diners begrudge the Danes their share of North Sea sprats for use in pig feed.

Before talks about a comprehensive trade deal have even begun, the EU side will demand ongoing access to UK waters and Mr Johnson will acquiesce because the clock will be ticking. The deadline for a fisheries deal is July, and if that cannot be settled quickly the prospects for a deal on anything else slip away. The prime ministers climbdown can be predicted with confidence because it has been rehearsed already. From the backbenches he accused Theresa May of linking fisheries and a future trade deal in terms that were not what was promised to the people of this country. But the relevant clauses in Mr Johnsons new deal, struck a year later, are a copy-and-paste job from Mrs Mays text. Brexit could end up denying UK fishing communities symbolic control of coastal waters and impeding exports to the single market. Such a double disappointment has the potential to aggravate other political fault lines. Scotland will be disproportionately affected, reinforcing old grievances against Tory governments elected by English votes. By contrast, Northern Irelands privileged access to EU markets under Brexit withdrawal protocols will give fleets located there advantages not enjoyed by mainland competitors. Since fishing is a devolved issue, UK exit from the CFP will encourage politicians in Edinburgh and Cardiff to demand more control over local waters.

These issues flow from the inconvenient fact that fish do not care in whose waters they swim. The problem of trying to carve up rights to the sea is centuries old. EU policy evolved from the need to codify what had previously been understood as historic, traditional fishing rights. That imperfect system has struggled to accommodate environmental concerns. There are requirements to follow scientific advice on sustainability, but expert voices do not always speak louder in EU capitals than fishing lobbyists.

Diplomatic realityEvery December sees a round of haggling over the coming years quotas, with member states pushing against limits set to meet a pan-European commitment to end overfishing by 2020. That target is not going to be met. Sea bass, hake, herring and cod are all still being depleted at perilous rates. What role the UK will have in those discussions after Brexit is unclear. UN conventions oblige an independent coastal state to cooperate with neighbours in managing stocks. The impact of a climate emergency on sea temperatures and fragile maritime ecosystems should force all governments to fundamentally reappraise the fisheries business. Ultimately it is the appetite for fish that is unsustainable, but managing transition to a different diet is a political task more daunting than the conundrum of balancing different nations sense of entitlement to fish in neighbouring waters.

In several EU countries, but most notably in Britain, big trawlers and large fishing interests have squeezed out the smaller, more environmentally friendly boats on which local communities depend. This had little to do with the CFP and almost everything to do with domestic policy choices. If a post-Brexit government had the will to change the relationship between British consumers, coastal communities and fish, it could not be done on a unilateral basis. Even more limited ambitions will quickly impose the logic of continental collaboration. The practical economic benefits of open borders will corrode the rhetoric of taking back control. The diplomatic reality of trade negotiations will expose the vacuity of promises that were made about life outside the EU. It might flatter Britains self-image to conjure the myth of an island nation, ruling the waves, buccaneering on the high seas. In truth, the challenges facing this country, like the fish in its waters, do not recognise national borders or yield to one nations jurisdiction. That is a lesson Mr Johnson would do well to recognise soon, while still borne aloft on a high electoral tide.

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The Guardian view on Brexits fishy tale: we will need friends at sea - The Guardian

They Find It Suffocating And About To Die By Plastic Thrown Into The Ocean [VIDEO] – Maritime Herald

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Thousands of YouTube users admired the quick reaction of the man to run into the reptile that was about to lose his life.

Touching rescue. A viral YouTube video has saddened thousands of users who are animal lovers, due to the dramatic moment that a sea turtle lived. A tour guide realized that the reptile was about to lose its life after being rolled up in a plastic sack in El Salvador.

As can be seen in the video shared on YouTube by CNN, the tourist who was sailing on the beach Los Cbanos, in El Salvador, managed to free a sea turtle that was the victim of environmental pollution.

A tourist guide on Los Cobanos beach, in El Salvador, managed to free a sea turtle that was in danger of being suffocated by a plastic sack. This fact, once again, outraged YouTube users, who did not hesitate to show their discomfort through the comments.

It is a pity that humans themselves end the life of defenseless animals , This video outrages me too much, I want to make a request to alert people about the negative impact of garbage, were some of the reactions that YouTube viewers had.

We share the poignant viral video on YouTube turtle that was rescued by a group of biologists tourists who travelled the high seas in search of new marine species.

If you want to see the sea turtle rescue, we invite you to watch the video below

Source: La Republica

Marketing manager and co-Chief Editor of Maritime Herald.

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They Find It Suffocating And About To Die By Plastic Thrown Into The Ocean [VIDEO] - Maritime Herald

Wow! 15 incredible things NYC kids can’t miss in 2020 – Time Out New York Kids

There are plenty of reasons to celebrate the new decade, and we're giving your our favorite 15!

Kickstart 2020 with awesome things to do with kids in NYC. From new Broadway shows for kidsto cool offerings at the best children's museums in town,our stellarlist will help you map out the perfect year.

Why not start things off with a quick trip to outer space? Beginning Jan 21,the American Museum of Natural History will debut the new Hayden Planetarium Space Show, "Worlds Beyond Earth."Academy Award winner Lupita Nyongo narratestheengrossing storyabout other worlds that orbit the sun. Sounds like this will be quite the expedition! BUY TICKETS

Photograph: Courtesy AMNH/D. Finnin

In early 2020, a 4,500-square-foot, 24/7 Krispy Kreme is slated to open in Times Square. This ain't your average doughnut shop: The 1601 Broadway outpost sports aglazed waterfall, a "doughnut theater" and a much-needed grab-and-go counter. (Now you won't need to worry about being late to practice for snatching an after-school snack!)

Does your family host the We Bare Bears on a regular basis? Can't refuse a Powerpuff Girls marathon? If so, you'll want to book a trip to the debut Cartoon Network Hotel in Lancaster, PA. The nine-acrefamily destinationincludes 165 themed rooms, a resort-style outdoor pool (designed with Finn and Jake in mind), an arcade with nods to Ben 10, a full-service restaurant and homage to characters past and present. It opensJan 10! BOOK A STAY

Trust us, you'll want to stick around forfunny, lovable antics fromPuppetsburg.Venture toTime Out Market New York'sfifth floor stage (55 Water St, Brooklyn) asthe marionette entertainmentkickstartsSunday mornings on a high note (from Jan 5Apr 12 at 10:30am). With a new theme each weeksuch as"Farm to Table with Old McDonald," "The BEYONCE Show" and "Clementine Goes to Burning Man!"we have a feeling you'll be as equally entertained as the kiddos. BUY TICKETS

Photograph: Courtesy Derek Wang

Brooklynis expecting a few prehistoric guests in February! Head to Barclays Center (Feb 2023) for Jurassic World Live, which will feature 20 life-sized animatronic dinossome of which are 40 feet in lengtha thrilling score and a captivating tale. It's a must for the paleontologists in your crew. BUY TICKETS

Time to get excited, dearies. Mrs. Doubtfire is getting the Broadway treatment this spring! Prepare to laugh, cry and say "HELLOOO" to an exciting outing on the Great White Way. The official open is slated for Apr 5.BUY TICKETS

Photograph: Courtesy 20th Century Fox

While it might be time to bid adieu to DreamWorks Trolls: The Experience, NYC is making up fortheloss withTrolls LIVE(June 1314 at the Hulu Theater at MSG).In their first-ever live tour, the cheerful and colorful Trolls are tasked with an important mission: Saving Hug Time before it's too late. Think Poppy and her pals are up to the challenge? BUY TICKETS

Calling all engineers!The largest LEGOLAND theme park Merlin Entertainments has ever built is opening in Goshen, NY on July 4, 2020!There areplenty of ways to tinker with your free time while at the kids' theme park: Take a ride on the Duplo Express, a LEGO-themed train ride that is way cooler than the subway, Splash Battle, a water cannon game with LEGO pirates, a driving school (no license required!) and so much more! You'll have to see it for yourself!

No summer in NYC is complete without a few trips to Coney Island. The retro seasidenabe is celebrating a milestone this year: the 10th birthday of Luna Park. Thrill-seekers can expect new rides at the start of the season (typically in early April) including a new log flume, ropes course and coaster. We can't say no to that!

Photograph: Courtesy Luna Park

New Jersey SEA LIFE Aquariumthe largest aquarium brand and the first of its kind in the northeastwill open this spring at the American Dream Mall. Visitors can expect to catch a glimpse of3,000+ creatures in a 25,000 square-foot-space that's modeled after NYC.

Brooklyn'swaterfront green space is one of our favorite places to venture during the summer months. Who can resist free kayaking in the East River and a stroll through the splash pad at Pier 6? We certainly can't! The only thing that would make the haven a bit moreenticing during the warm weather is a pool. Although the Pop-Up Pool met its demise, we can expect a permanent pool in Squibb Park near Pier 1to open "no later than summer 2020"according to a press release from the park.

Meet the Water Main, your family's new favorite place to splash. After visiting the famed New Jersey theme park, kiddos can cool off with multi-zone pools, a slide tower, an obstacle course and in-pool basketball.

Photograph: Courtesy of Diggerland USA Marketing Team

The mobile Bronx Children's Museum, which has been riding around town for 10 years, will finally open the doors to its permanent location at the end of the year. The 13,000 square-foot space is along the Harlem River and is expected to include exhibits on the community arts, natural sciences and early learning.

We'll admit: Sometimes we actually don't mind leaving NYC. (We know, we know...) If you're going to travel, might as well make the most of your getaway! Fortunately, Mickey and co are at the ready to entertain with a slew of family cruises for 2020:Halloween on the High Seas,Very Merrytime Cruises and other great Disney Cruise Line Adventures. Ahoy, Mickey!

It's been rumored that Hamleys, the oldest toy store in the world, will set up shop in Herald Square this year. Can you imagine all of the excitement around the holidays with Hamleys and FAO Schwarz in Midtown?! We'll say a prayer for our wallets now.

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Wow! 15 incredible things NYC kids can't miss in 2020 - Time Out New York Kids

Below Deck reunion special: Who is coming together to celebrate the 100th episode? – Monsters and Critics

31st December 2019 5:30 PM ET

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Former Below Deck crew members are reuniting to honor the 100th episode of the Bravo show. Captain Lee Rosbach and Kate Chastain will join several of their past colleagues on Watch What Happens Live with Andy Cohen for an unforgettable look back at the reality TV series.

On Monday, January 6, Captain Lee and Kate will sit down with Cohen, as well as some of the shows most loved and hated cast members. Ben Robinson, Eddie Lucas, Kelley Johnson, Amy Johnson, and Nico Scholly are scheduled to take part in the sitdown that will look back on 100 episodes of Below Deck.

Fab lineup for Watch What Happens Live when it return in 2020! #WWHL

Stars from #RHOA, #BelowDeck, #PumpRules, #RHONJ, #RHOD and more stop by the clubhouse! pic.twitter.com/LhUacps4Sr

IsntDaveOne (@IsntDaveOne) December 20, 2019

No, those are not the only alums from the hit Bravo show returning to discuss seven outstanding seasons. According to Bravos The Daily Dish, there will be several surprise guests appearing on WWHL. The site also promises the yachties will look back on the craziest, most demanding guests, steamiest hookups, and dramatic moments that have occurred on the high seas.

There have been so many jaw-dropping moments to unfold on Below Deck it will be interesting to see which ones make the cut. Season 7 alone has given fans several scenes, fights, and conversations that left viewers shaking their heads at the end of the episode.

Along with taking a look back, all those involved in the 100th episode reunion special will spill what they have been up to since their season. It will serve as a nostalgic reminder and revelation of where cast members are now.

Considering all the drama that has taken place on Below Deck, viewers might be in for a reunion special full of controversy. There is no question that Cohen is in for a challenge when it comes to keeping order among the past cast members. Then again, he knows how to wrangle those Real Housewives casts, so he should have no problem keeping his guests focused on the task at hand.

The Watch What Happens Live with past Below Deck crew members taking a trip down memory lane is less than a week away.

Will you be tuning in for the reunion show?

Below Deck airs Mondays at 9/8c on Bravo.

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Below Deck reunion special: Who is coming together to celebrate the 100th episode? - Monsters and Critics

Why Zola from The Witcher looks so familiar – Looper

WhileThe Witcher isn't exactly a period piece it's set somewhere and some time that vaguely resembles medieval Europe, just with magic and mythical monsters Plowman is well-versed in that particular genre, having appeared on showsset in eras and places without smartphones, adequate plumbing, and women's liberation.

In 2003, the New Zealand native had a small part as Melinda on the BBC drama Cambridge Spies, which tells the the true story of a group of Brits who spied for the Soviets before, during, and after World War II. A year later, Plowman appeared on another BBC period drama:He Knew He Was Right, based on an 1869 novel by author Anthony Trollope. She portrayedCaroline Spalding, an American woman who marries a wealthy son of an English lord. In 2006,she played a murder victim on an episode of Agatha Christie's Marple, a reboot of the beloved British detective series Miss Marple.

Fast forward nine years, and Plowman was still being cast in roles that demanded corsets and a stiff upper lip. In 2015, she made an appearance on the BBC dramaFather Brown, a detective series set in a small English village in the 1950s. The trend continued in 2016, but on a larger scale: Plowman appeared on seasons 3 and 4 of the swashbuckling high-seas-and-higher-drama pirate saga Black Sails, playing the chambermaid-turned-spy Mrs. Hudson. This also marked the third time she'd appeared onscreen alongside her real-life husband, British actorToby Stephens, whom you may know as John Robinson on Netflix'sLost in Space.

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Why Zola from The Witcher looks so familiar - Looper

Editorial: In this new decade, set the bar high – Concord Monitor

Published: 1/5/2020 5:45:39 AM

Modified: 1/5/2020 5:45:12 AM

Which law will prevail in the decade that began this week, that of Moore or Murphy?

The former, named for computer pioneer Gordon Moore, posits that computer processing speed will double every two years. It is now used to describe the inexorable advance of technologies that mostly improve life.

Murphys Law, whose origin is less clear but linked to the early years of rocket science, is commonly quoted as, Anything that can go wrong will. That too could be what the years between 2020 and 2030 have in store.

Moores Law is fundamentally optimistic: Science will save the planet. Murphys Law pessimistic: Technology deployed to combat global warming will go awry and broil the Earth or cause another Ice Age. Which will it be? All we know for sure is that we dont know.

Who, a decade ago, would have predicted the rise of Uber, Instagram, the iPad, Airbnb, cheap DNA testing and President Trump? We dont know what will happen in the next 10 years but we do know, limiting the list to the conceivable, what wed like to see occur.

First up, an end to the politics of division and a rekindling of the sense, felt in the aftermath of the 9-11 attacks, that we are all in this together. Rising seas, raging wildfires, earth-scouring storms and deadly heat waves threaten our very existence, and we will need to act, locally and as a nation, to reduce the burning of fossil fuels, tax carbon (as a bill before New Hampshires Legislature seeks to do), and support conservation and renewable energy research.

Wed like to see the rediscovery of kindness and its power to heal both giver and recipient. Wed like to see a return to civility in discourse and a time when cooperation was seen as a sign of strength and maturity, not weakness. We want facts to take precedence over gut feelings and vainglorious dreams. We wanted to see science valued for what it is, a method to explore reality and discover how and why things are as they are. We want the rule of law to apply fairly and impartially to all.

Can such lofty goals be achieved? We believe they can and so, in the next decade, can less lofty things. Among those are common-sense gun laws laws that could reduce needless gun deaths and the frequency of mass shootings that last year occurred at the rate of more than one per day.

The next decade should see the enactment of comprehensive immigration reform and a path to citizenship for the millions of law-abiding immigrants who are contributing to society and paying taxes yet live in fear of deportation.

Reform of the nations so-called health care system will be on the agenda, along with the need to end profiteering and reduce the cost of drugs.

The nations tax code will need to change in the next decade if income inequality is to be reduced and meaningful work created for the growing number of people whose jobs will be replaced by automation. Americas infrastructure should be rebuilt.

The fall election will be a test of the electoral system and the impact on the outcome of dark money, foreign interference and voter suppression. Major changes, including the reversal of court decisions that treat corporations as people and even the end of the Electoral College, may be necessary. To keep government honest there will need to be a revival of local and state journalism.

Murphy or Moore? Both will be at work. Our money is on Moore and Americas ability to double the pace of its efforts to solve its host of problems.

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Editorial: In this new decade, set the bar high - Concord Monitor

Dr Disrespect reveals his favorite streamers and why summit1g is "top" – Dexerto

Dr Disrespect scooped the award for Streamer of the Year at the official Esports awards 2019, but when asked by fans during his first stream of the New Year, he had another personality in mind for the accolade - summit.

The self-proclaimed best video gamer in the world has spent the last year improving his production value and trying out a number of different games to grow his channel's following or as he calls them, members of his Champions Club.

His entertaining streams have been recognized not just in awards ceremonies but by many fellow streamers on Twitch during the course of the last year. Although, given the choice, he revealed during a January 1 broadcast that he actually wouldn't pick himself for streamer of the year.

At first, it appeared that the Two-Time blockbuster video game champion was going to reveal his favorite three streamers. However, he said he needed to think a little more about second and third place, with one name standing out for the top spot.

Doc admitted that his decision was chiefly made on the basis that he wouldn't like to sit down and watch his own streams back, but if he had to pick somebody else, it would be Jaryd 'summit1g' Lazar.

"In my opinion for 2019, [if I had to choose] my personal top streamer to watch because obviously watching my own vods probably comes off weird and selfish, you know, especially if Mrs. Assassin comes in and I'm watching a video of myself every single night, it would just be weird," he said. "The number one would be summit."

Dr Disrespect gave honorable mentions to Turner 'Tfue' Tenney, Tim 'TimTheTatman' Betar, and Flix 'xQc' Lengyel, but went on to explain his decision to pick summit over them.

"Summit1g for me. The reason why? He's just got a great blend of everything you can get from a streamer, in terms of energy levels, his gameplay is obviously high level, and number three and I think this is an important one," he said. "He popularized a variety of games that weren't, I don't know, that popular. Let's be honest."

A great example of that would be Sea of Thieves, a pirate game released on Xbox and available on PC platform too, where the streamer was drawing around 80,000 viewers to sail around the high seas not to mention the GTA RP craze he helped contribute towards on Twitch.

Whether or not summit1g will go on to scoop an award for streamer of the year next time around remains to be seen, yet the levels of success he's achieving on the platform is highly commendable. So much so that we included him in our Top 10 streamers of the decade list, and clearly Dr Disrespect is also a huge fan of his work.

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Dr Disrespect reveals his favorite streamers and why summit1g is "top" - Dexerto

Dame Edna Rules the Waves, BBC1, review: Dame Edna was resplendent in fire-alarm pink on a gilt throne – inews

CultureTVSharon Osbourne and Rick Stein were among the guests but this was, as ever, all about Dame Edna

Tuesday, 31st December 2019, 10:02 pm

Dame Edna Rules the Waves, BBC One, 9.05pm

Talk shows can go one of two ways. You can create a welcoming space where your guests can kick their shoes off and start telling daringly revealing anecdotes. Alternatively, theres the Dame Edna formula, where the guests are cannon fodder for the host.

At 85, the Dame isnt as laser-sharp as she was 20 years ago, but you wouldnt dare play poker with her. The fiction on Dame Edna Rules the Waves was that she had taken to the high seas on the cruise ship Ocean Widow to safeguard her ill-gotten earnings, having been inappropriately touched by the taxman. Otherwise it was business as usual, though Ednas erstwhile mute companion Madge Allsop is now deceased (shes no longer with us but the chair is still damp, quipped the gross-out Dame) and has been replaced by her sister Mabel, a husk of a woman easily mistaken for a corpse.

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Resplendent in fire-alarm pink on a gilt throne, Edna chewed through her guests like a wood-chipping machine. First up was Sharon Osbourne, a woman feared for her volcanic temper and a vocabulary that would make Snoop Dogg blush, but reduced to simpering coyness in the presence of the Dame. Edna was taking no prisoners. Of course I recognise you, she said sympathetically, but youve been to the panel-beaters a few times, havent you? Osbourne admitted shed had four facelifts, and was forced to agree that an intimate part of her anatomy has been surgically overhauled.

But Sharon was failing to hold Ednas attention, so chef Rick Stein was dragged out for a brisk working-over (there was room for improvement at his Padstow restaurant, he was informed). Judge Rinder fared slightly better, but Emily Atacks stories about loving mermaids and eating cheese were idiotic, while Joe Sugg (social media star and Strictly finalist in 2018) had the impact of a feather landing on a rice pudding. In truth, wed have got better value from Edna doing a 50-minute monologue before the finale of Chic playing Le Freak, but maybe shes getting bashful in her dotage.

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Dame Edna Rules the Waves, BBC1, review: Dame Edna was resplendent in fire-alarm pink on a gilt throne - inews

Bitcoin Price Today Live Bitcoin Value – Charts & Market …

Last year everyone was going bonkers for Bitcoin, and thats no surprise, seeing as how the number one cryptocurrency had an absolutely explosive price performance in 2017. Things have cooled off in 2018 as prices fell significantly, however many are still bullish about Bitcoins long-term potential.

To that end, the scarce, deflationary quality of Bitcoin makes it totally unlike traditional fiat currencies, which are usually prone to inflation and even hyperinflation in the worst of cases. That means as more investments pour into BTC, its price will likely continue to see upward pressure because there will be no supply response.

Think about how when the price of oil surges, more companies begin producing oil, which then increases the supply and acutely deflates the price of oil accordingly.

No similar supply response can never happen with bitcoins. There will never be more than ~21 million, and even contemporary estimations say more than 3 million BTC have been lost for good, making BTC considerably scarcer than many realize.

That means the BTC could potentially shoot up exponentially in future years. But how high?Lets take a look at some of the more prominent projections weve seen thrown around in recent days.

Once renowned for being a prominent Wall Street hedge fund manager, Mike Novogratz has now set his sights on the cryptocurrency space, and hes not turning back. Running the crypto-based Galaxy Investment Partners, Novogratz is betting big on the Bitcoin boom in general as his mid-term BTC price projection suggests.

Bitcoin could be at $40,000 at the end of 2018, Novogratz said. It easily could.

And for Novogratz, theres no confusion as to why that particular price point may end up really materializing. In a November 30th interview on Fox Business, Novogratz unabashedly declared that Bitcoin is going mainstream.

And Novogratz knows what mainstream and institutional looks like; he used to run a Goldman Sachs trading desk in Asia before becoming a hedge fund manager at Fortress. If he thinks the herd is coming, as it were, then we all best pay attention.

Going much more long-term, Novogratz said it was within the realm of possibility that the bitcoin market cap could one day reach the current market cap of gold, which is around a whopping $8 trillion USD.

If this reality were to materialize down the road, that would put each BTC around the $390,000 price point.

Firebrand Bitcoin pundit Max Keiser has never made his love for BTC and its potential a secret.

As such, youll commonly find him on Twitter making new price predictions based on the Bitcoin booms momentum.

For now, hes pegging his short-term bitcoin price target at $15,000. Thats a reasonable figure, to be sure, especially with BTCs parabolic price performance in Q3 and Q4 2017.

Beyond that, though, Keiser has his eye set on the impressive $100,000 BTC price milestone.

Love him or hate him, Adam Back is an OG cypherpunk whos made incalculable contributions to the cryptocurrency space as a whole. Theres a reason Satoshi Nakamoto reached out to Back (and Wei Dai) first in starting up Bitcoin.

In other words, Backs been around the block once or twice. He knows the ecosystem as well as anyone.

And its his opinion that the next major target for the bitcoin price to hit is $100,000, echoing Max Keisers aforementioned prediction.

In a recent tweet, Back even went as far to say that users should be careful selling bitcoin in 2018 because the price could rocket so acutely over the next 12 months that people wouldve made considerably more by just holding.

John McAfee is best known as the creator of the popular McAfee antivirus software. Hes also become a Bitcoin aficionado over the past several months, and he never hesitates to voice his opinions on the cryptocurrency craze accordingly.

And his opinions are exceedingly bullish, to say the least. McAfee was projecting $500,000 BTC in 2020 just a few weeks ago, but he modified his claim to be even more bold as bitcoins market surge has been moving faster than he anticipated.

Now, McAfee thinks $1 million per bitcoin will be reality by the end of 2020. Thats almost an unfathomable possibility at the moment, but maybe we havent seen anything yet. Especially if institutional interest keeps exploding.

But McAfee has even bolder ideas, to be sure. In an even newer Twitter exchange, McAfee explained that he believes the BTC price could reach into the billions one day.

Specifically, the tens of billions as he argues:

Thats certainly the most aggressive price prediction anyones made for BTC yet. But if that insane price materializes, McAfee will end up looking like even more of a madman genius than he already is.

Swedish Pirate Party founder Rick Falkvinge is a big proponent of Bitcoin Cash (BCH), going so far as to sarcastically call himself the CEO of Bitcoin Cash.

But that doesnt mean he doesnt respect the beast that BTC is and could be.

Bitcoin] can easily go to more than $1 million per bitcoin. Falkvinge said during a recent interview. But thats just Falkvinges conservative estimate. Hes actually more bullish than that, asserting that BTC can go as high as $5 million:

If cryptocurrency fulfills its promise, and theres no indication it wouldnt, then the equivalent of one bitcoin needs to be in the $2-5 million dollar range.

The cryptocurrency expert and venture capitalist, Tim Draper, has also given its opinion about the future price of Bitcoin. According to him bitcoin and blockchain technology are one of the best things that happened for businesses.

Mr Draper said in 2014 that Bitcoin could reach $10,000 in just three years, something that happened in 2017, exactly on the date he predicted. When he explained that bitcoin could reach that price ($10,000), the cryptocurrency was traded just at $413 dollars.

At the same time, he said that in the future Bitcoin could keep growing. About that, he is convinced that the cryptocurrency is the future and that the virtual currency market will gain its place among fiat currencies.

Bitcoin is the future currency. Why would I sell the future for the past? Why would I go and grab some weird fiat subject to the will of some governments? he commented during an interview with Bloomberg.

The world market for cryptocurrencies is 6 trillion dollars, and I think that that it will be crypto. And I am really excited about all the extraordinary things that can happen because of crypto and bitcoin.

Cameron Winklevoss is one of the two popular Winklevoss twins. The co-founder of the cryptocurrency exchange Gemini, stated that bitcoin could be worth 40 times its current value.

In order to explain why bitcoin could grow up to 40 times, he compared the cryptocurrency market capitalization with the market cap of gold.

During an interview with CNBC he said:

So if you look at a $100 billion market cap today, now last week it might have been more like 200, so its actually a buying opportunity, we think that theres a potential appreciation of 30 to 40 times because you look at the gold market today, its a $7 trillion market. And so a lot of people are starting to se that, they recognize the store of value properties.

He has also said that due to the fact that bitcoin has a fixed supply, it is still a very underappreciated asset. Indeed, he stated that he and his brother believe that bitcoin disrupts gold.

The Winklevoss twins emphasized that they will not sell their bitcoins even if the price surpasses $380,000 dollars. This is a special number, because if bitcoin reaches this price level, its market capitalization will be equal to golds market valuation.

An important portfolio manager that worked for more than six years in the cryptocurrency world, predicted this year that Bitcoin could reach $50,000 dollars. While speaking at the World Economic Forum in Davos, he brought some calm to the cryptocurrency market. Bitcoin could definitely see $50,000 in 2018.

At the moment of the statement, Bitcoin was traded over $11,000, days later it reached the lowest point in months when it was displayed in cryptocurrency exchanges under $6,000 dollars.

But Mr Singh said that the kind of volatility that bitcoin experienced is not unusual nor unexpected. And thats confirmed when we pay attention to the charts. In the past, Bitcoin suffered important corrections in just a few days.

Mr Singh commented:

If you look at Microsoft of Apple when they went public their stocks were very volatile because the market wasnt mature. There are not so many vendors right now who can accept cryptocurrencies but theres huge adoption on the black market.

Cryptocurrency adoption keeps growing all over the world. In past articles we wrote that enterprises are investing in blockchain technologies and virtual currencies. Businesses all around the world, including small shops and merchants, are adopting bitcoin and other currencies as a means of payment.

If the adoption trend continues, bitcoin could lead the market towards new all time highs. Additionally, payment processors are working with cryptocurrencies trying to spread their benefits.

Lets get really speculative just for the purposes of illustration the growth thats possible in the coming years.

The current market cap of all global stock markets is around $100 trillion USD. Woah, right? Accordingly, lets say that the entire cryptocurrency market one day reaches this $100 trillion cap.

And lets also say that BTC maintains its current position as hovering around a 50 percent share of the entire crypto market (though, of course, theres no reason to believe itll stay at 50 percent forever).

That would put Bitcoin as having around a $50 trillion market cap. At this point, all we need is to divide $50 trillion by the number of bitcoins in existence.

Lets go with 17 million instead of 21 million since many bitcoins have been lost already.

Alas: $50 trillion divided by 17 million = ~$2,941,176. Round up, and thats $3 million per bitcoin.

Now, we cant count our eggs before theyve hatched. Theres still quite the mountain to climb for the crypto market to get even close to hitting $100 trillion. But maybe its possible in 30 or 40 years. Maybe not at all.

Its going to be a wild ride no matter what happens between now and then, that much is for sure.

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Bitcoin Price Today Live Bitcoin Value - Charts & Market ...

2020 predictions for bitcoin, Libra, and the digital yuan – Quartz

As we turn our calendars to 2020, now is an opportune time to reflect on the year ahead. What does our financial future hold in store? With the S&P 500 booming, its difficult to imagine a shift toward alternative finance, but the landscape could change in a hurry.

Geopolitical and corporate forces are on a collision course, and our financial lives might be upended in an instant. From Chinas exploration of a digital yuan to Facebooks insistence on Libra (its own digital money), the worlds powers are gearing up to seize financial control. The question is, will it work? Simultaneously, legacy digital currenciesespecially the hundreds of cryptos that arose in 2017could fall by the wayside.

With that in mind, here are my predictions for digital money in 2020:

After a rejuvenating 2019, it appears bitcoin is on the rise once more. While its underlying market is virtually inscrutablebillions of dollars shuttle between traders in the black marketthere is one fundamental change on the horizon. Sometime in May, the bitcoin network will automatically reduce its block reward, the money paid to miners who secure the network.

While miners currently receive 12.5 bitcoins (market value: $87,000) for adding each new block of transactions, the network will programmatically adjust to provide a smaller payout, a reward of just 6.25 bitcoins. This reduction, which occurs every 210,000 blocks,is called the halving, or sometimes, the halvening.

The last time this happenedin July 2016, when the reward dropped from 25 bitcoins to 12.5 bitcoinsthe crypto market wasnt nearly as popular. Back then, bitcoin traded in the mid-$600s. Now, though, with greater attention on its contracting issuance rate and finite supply, bitcoins price could rocket up the charts. While some argue the halving is priced in (i.e., everybody knows its going to happen), others suspect the shrinking reward will make buying bitcoin more urgent.

Kicking a project while its down isnt my style. But with so little to show over the last three years, its hard say that ethers market cap ($14 billion) is justified. Arguably, if bitcoin ascends, it might take ether with it.

But if theres any rationality to crypto trading (hint: theres not) then ether should rightfully plunge. Perhaps Im locked into an outdated expectation that ether will be more than digital moneyits creators billed ethereum as a decentralized internet, a place where peer-to-peer platforms could flourish without corporations. From file storage to new-age lenders, ethereum was/is supposed to change everything. Maybe my prediction is colored by my disappointment. But, other than currency, there still isnt a provable use case for ethereumand as long as we have bitcoin, who needs another one? Its time for the market to reflect ethers bland reality.

Continuing with my hard-truths tour, I anticipate that Libra will not launch this yearat least not in anything close to the format Facebook initially promised.Can you even imagine Facebook launching a digital currency in a US election year? If Libra launched and was even remotely tied to election interference, there would be hell to pay.

Libra has already stained Facebooks reputation, showing that the company jumped on the blockchain bandwagon without much planning,and it (briefly) made regulators laser their focus on big tech. If Facebook moves forward, Id expect it to make Libra much less crypto and much more conventional financesomething like a Facebook debit card, not full-blown Facebook money. In my view, its much more likely Facebook will focus its effort on WhatsApp Payand hopefully, warding off fake news.

All right, its time to get bold. While theres been a lot of buzz about Chinas digital money experiments (link in Chinese), Id wager that this is the year when the country will actually release something to the public. The digital currency/electronic payments (DC/EP) plan has been years in the making, and I see little reason why China would continue to wait in the wings.

While I dont expect a complete rollout, China might begin limited tests of the DC/EP, perhaps with corporate partners. As the country makes its push onto the world stage and grapples with possible US sanctions, this centrally-planned effortcould shift the balance of financial power. And its something that few othershave the wherewithal to pull off.

Yes, there are challenges to be ironed out with a digital wallet system, but with the increasing desire for insights into citizen/consumer behavior, a digital currencyissued by and linked to the Peoples Bank of Chinawould provide exactly the leverage the country seeks. My guess would be that this happens in the middle of the year.

The quiet collapse of the blockchain industry hasnt made headlines. But projects are absolutely running out of moneyand patience. How long are programmers and community managers willing to work on something that doesnt ship? Or just doesnt make sense?

In 2020, I think lots of blockchain developersand especially researcherswill return to academia. Likewise, the hangers-on in the marketing machine will move on to the next hot thing. Perhaps cannabis or 5G?

Finally, Ill go out on a limb once more to say, I think the US Securities and Exchange Commission will finally approve a bitcoin exchange-traded fund. Realistically, theres little reason for the agency to hold it up any longer. Concerns about bitcoin market manipulation dont relate nearly enough to the financial product itself. Additionally, it seems, the competition from a bitcoin ETF would probably make private investment vehicles lower their fees.

Bits & Pieces

Please send news, tips, and your predictions to privatekey@qz.com. Todays Private Key was written byMatthew De Silvaand edited byKatie Palmer. Only rich people tell you not to talk about money.

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2020 predictions for bitcoin, Libra, and the digital yuan - Quartz

Bitcoin Price Live, Bitcoin Chart , BTC Value Today, BTC …

THE TEAM

Bitcoin was created by an anonymous name called Satoshi Nakamoto Other notable names rumored to be part of the team include

The practical uses of Bitcoin

If you have the required hardware, you can mine bitcoin even if you are not a miner. There are different ways one can mine bitcoin such as cloud mining, mining pool, etc. For cloud mining, all you need to do is to connect to the datacenter and start mining. The good thing about this is that you can mine from anywhere and you dont need a physical hardware to mine.

For mining pool, all you need to do is to join a mining group, and if that team solves a computational problem, blocks are added to the blockchain, they get the reward and you get a share of it based on your contribution.

PoW algorithm-SHA-256 is used for mining. Which utilizes a lot of computational power.

How Does Bitcoin Mining Work?

Bitcoin mining saps energy, costly, uses more power and also the reward delays. For mining, run software, get your wallet ready and be the first to solve a cryptographic problem and you get your reward after the new blocks have been added to the blockchain.Mining is said to be successful when all the transactions are recorded in the blockchain and the new blocks are added to the blockchain.

Bitcoin Price Today

Die-hard BTC supporters believe that bitcoin is the future; we are just scratching the surface.Considering the continuous rise of bitcoin in the market capitalization, it is one investment every investor needs to take advantage of it.

The current market capitalization of bitcoin stands at an all-time high of $109 billion. As at January 2016, bitcoin was traded at I BTC for $970 but today is being traded at $9,600 for 1 BTC.

From the statistics presented above, it that bitcoin is one investment, you will never regret embarking on. It keeps recording an impressive results daily in the cryptocurrency market.

MUST READ!

Cryptocurrency investment is speculative, and it involves unquantifiable risks the market is full of uncertainty, susceptible to attack and capital loss, and sensitive to secondary issues, time may do not permit to mention here.Seek advice before investing.

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Bitcoin Price Live, Bitcoin Chart , BTC Value Today, BTC ...

2010s In Bitcoin: The Year 2019 – Forbes

Im reviewing the 2010s in Bitcoin. This is the story about 2019 in Bitcoin. Read about 2018here.

2019 saw Wyoming enact sound blockchain legislation, Bakkt launch, and further normalization of Bitcoin into global financial markets. Heres 2019 in Bitcoin.

Wyomings Blockchain Legislation

The biggest news story of 2019 could very well be the work done in the State of Wyoming towards robust and progressive blockchain legislation. Establishing itself as the only US state to provide a comprehensive, welcoming legal framework that enables blockchain technology to flourish, as Caitlin Long wrote on Forbes.com, Wyoming enacted in March altogether 13 blockchain-friendly laws.

Long, who is a Forbes Senior Contributor and co-founder of the Wyoming Blockchain Coalition, worked with legislators and senators, such as Wyoming State Representative, Tyler Lindholm, Senator Ogden Driskill, and Senator Tara Nethercott, on the bills.

Wyoming spotted an opportunity to lead in this field last year, and realized it had just as many advantages in competing for this nascent industry as any other place - and more so, Long explained. Blockchain is software, so its global. A line of code doesnt care who wrote it or where it was written. As Joe Lubin said when he spoke at WyoHackathon last fall, theres no reason why the next Google cant be here in Wyoming."

Long explained: In a nutshell, thats what Wyoming has now done for blockchain technology.

Wyomings move put it at the forefront of digital asset regulation in the U.S., with over a dozen other U.S. states, as well as Congress, considering implementing Wyoming-inspired legislation. The laws recognized direct property rights for digital asset owners, created a regulatory sandbox, and authorized a new state-chartered depository institution that provides basic banking services to blockchain and other businesses. The bank must keep 100% reserves, cannot give out loans, and is available only to business depositors. The laws also enabled Wyoming banks to act as a digital asset custodian.

Wyoming now classifies digital assets in three categories, including digital securities, digital assets, and virtual currencies. Cryptocurrencies in the state are therefore treated as money.

The Bitcoin symbol looms over Bitcoin Conference 2019.

Bakkt Launches

Bakkt, a Bitcoin futures trading exchange, launched on September 23. On the first day of trading on ICE Futures U.S., there was strong industry participation in Bakkt Bitcoin Futures and the [October 2019] monthly contract had the tightest bid-offer spreads in the market, which was an exciting achievement, a Bakkt spokesperson told Forbes.com contributor Benjamin Pirus. As the only end-to-end regulated market for digital assets, Bakkt Bitcoin Futures will play a key role in bringing greater price discovery and risk management to the [b]itcoin market.

Bakkts CEO, Kelly Loeffler, was appointed in December to a seat in the US Senate representing Georgia. She was just the second woman in the states history to hold the position.

Georgia Gov. Brian Kemp (R) picked Loeffler for a seat occupied by U.S. Sen. Johnny Isakson (R), who retired at years end due to health issues. Loeffler is to be sworn into office on Jan 1. 2020, and plans to run in the next primary election to maintain her seat. Loeffler stepped down as Bakkt CEO before taking the oath of office, becomes the second woman in the state's history to hold the position.

The day after the launch, the price of Bitcoin fell more than $1,000.

BSDEX Introduces Bitcoin Trading Platform

The second-largest German Stock Exchange, Brse Stuttgart, introduced a regulated bitcoin trading platform. It is Germanys first regulated trading venue for digital assets where investors orders are executed directly against each other according to fixed rules, explained Brse Stuttgart Digital Exchange GmbH.

As of now, selected users in Germany can connect directly to the trading venue, where they can trade the bitcoin-euro pair initially, reads a press release. BSDEX will open over time to retail and institutional investors.

BSDEX will give retail and institutional investors direct access to digital assets and provide flexible and relatively low-cost trading, said Peter Grosskopf, CTO at Boerse Stuttgart Digital Exchange GmbH.

Bitcoin Cant Die

Patrick McHenry, a US Congressman from the 10th District of North Carolina, shared thoughts on how Bitcoin cant die and Facebooks Libra is a copycat coin.

I think theres no capacity to kill Bitcoin, he said. Even the Chinese with their Firewall and their extreme intervention on their society cannot kill Bitcoin. So, distributed ledger, full and open, in the essence of Bitcoin, as a first mover in the space, the developer of this technology [] My point here is, you cant kill Bitcoin.

He added: New iterations of this, that are trying to mimic it, they are not fully distributed, they are not fully open, there are different mechanisms to kill it...the essence of Bitcoin is what Facebook and Libra, and other corporations are trying to mimic.

Happy New Year!

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2010s In Bitcoin: The Year 2019 - Forbes

U.S. Assassination Of A Major Iranian Official Poses An Unprecedented Test Of Bitcoins Role As A Safe Haven Asset – Forbes

TEHRAN, IRAN - (ARCHIVE): A file photo dated September 18, 2016 shows Iranian Revolutionary Guards' ... [+] Quds Force commander Qasem Soleimani during Iranian Supreme Leader Ayatollah Ali Khamenei's meeting with Revolutionary Guards, in Tehran, Iran. The U.S. confirmed Thursday that it carried out a strike that killed Iranian Revolutionary Guards' Quds Force commander Qasem Soleimani in the Iraqi capital Baghdad. The strike near Baghdad International Airport killed Soleimani, one of the most powerful commanders of Iran's Revolutionary Guards, and Abu Mahdi al-Muhandis, vice president of the Hashd al-Shaabi group, or Popular Mobilization Units (PMU), local media reported. (Photo by Pool / Iranian Supreme Leader Press Office /Anadolu Agency via Getty Images)

The bitcoin price got a shot in the arm as news came out last night that theU.S. assassinated Qassem Soleimani, head of the feared and formidable Iranian Revolutionary Guard Corps (IRGC).

As of this writing, the bitcoin price is up 4.74%, approaching $7,400. It is tempting to take this observation and assume that bitcoin will continue to climb as tensions between the two countries continue to ratchet upwards.

All of this feeds the narrative that bitcoin is a safe haven asset.

This may be true, and the price of bitcoin may continue to rise. However, the expected fallout will serve as a defining test of Bitcoins presumptive role as currency of last resort or the final port in the storm.

Soleimani was the Tip of the Iranian Spear

It is hard to overstate the impact of Soleimanis assassination. While few outside of Iran will mourn his passing, there is no denying the level of power and influence that he held in Iran and around the region as a whole.

Aveteran of the devastating decade-long Iran-Iraq War in the 1980s, one which most people outside of the region have likely never heard of, Soleimani grew to become a glorified and almost mythical figure within Iran.

By leading the IRGC, he was a central player in virtually every major Iranian action in the region, including defense of the Assad Regime in Syria, securing Iranian influence in Iraq (lest the two countries ever go to war again), or supplying and supporting Hamas and Hezbollah against Israel. Some of his lesser-known activities included backing the Houthi rebels in Yemen and other groups across Afghanistan and Pakistan.

Taking out Soleimani was analogous to the U.S. losing a Secretary of Defense or National Security Advisor.

Map Strait of Hormuz and Persian gulf countries

A Stick of Dynamite into a Tinderbox

With this context, it is unsurprising thatJoe Biden likened the Soleimani assassination to tossing a stick of dynamite into a tinderbox. After all, while the world is surely better without Soleimani, nobody really knows what will happen next. All we do know is that the Iranian Supreme Leader Ayatollah Khameneivowed to take tough revenge against the U.S.

The anticipated response in and of itself should be enough to rattle markets and drive investors toward safe havens. Iranian-backed forces reach as far west as Turkey, south as Yemen, and east as Pakistan. If we take into account cyber or terrorist attacks, the entire world comes into play.

Further complicating the issue is the fact that this drama is playing out during a period of already heightened tensions in the region. U.S-Iranian relations were already poor following President Trumps withdrawal from the 2015 Iranian Nuclear Deal and application of his maximum pressure campaign against the country.

Arab Spring-esque protestshave also broken out across the region in countries such as Lebanon, Iraq, Algeria, and even Iran against causes such as income inequality or political freedom. In fact,Iraqi Prime Minister Adel Abdul MahdiandLebanese Prime Minister Saad Haririboth resigned in recent months in response to their inability to calm the protests.

Plus, there is currently aproxy war playing out in Libyapitting Turkey and the United Nations against Egypt, the United Arab Emirates, and Russia, among others.

It is hard to think of a worse time in the region for someone to light a match.

What Comes Next

Iran is unlikely to provoke all-out war against the U.S., as Khamenei and the rest of the leadership in Tehran are well aware that the fighting will largely take place in their home country (Iran does not have conventional military means of reaching the U.S.).

More likely, they are going to leverage their proxies across the region to attack U.S. allies and soft targets as they seek to exact revenge. For instance, they could try a repeat of theirattack on Saudi oil infrastructure in September 2019or disrupt the transit of oil through theStrait of Hormuz(which accounts for 20%) of the global supply.

The U.S. is on heightened alert,is deploying thousands of troops back into the region, and the State Department asked all Americans toleave Iraq immediately.

Map of the Middle East with Saudi Arabia in focus with bullets draped across

Trial By Fire

If there ever was a time for bitcoin and crypto to prove itself, this is it.

Safe havens like bitcoin, gold, and U.S. treasuries are up, while emerging market currencies have seen their biggest fall since September 2019.

These broad trends will likely continue if tensions escalate and people will seek alternatives to preserve their wealth.

However, the story is not this simple.

For the bitcoin price to continue to climb in the face of this instability, it needs to prove its resiliency and relevancy in local market conditions. Put another way, it must demonstrate utility. This means that there need to be on-ramps to the network, consistent Internet access or dense mesh networks, and users must have ways to simultaneously maintain privacy (perhaps from governments), but still find counterparties for commerce. Leigh Cuen fromCoinDeskwrote an excellent piece detailing some of these challenges in emerging markets around the world.

Now, this may be too much to ask of bitcoin right now, as it remains in its infancy, but at the same time it is hard to imagine a better proving ground for crypto.

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U.S. Assassination Of A Major Iranian Official Poses An Unprecedented Test Of Bitcoins Role As A Safe Haven Asset - Forbes

Bitcoin is on the Cusp of a Major Price Movement – Crypto Briefing

Bitcoin struggles to move out of the consolidation phase that began in late November 2019. Heres what it would take to trigger a BTC breakout.

After peaking at nearly $14,000 in June 2019, Bitcoin went through a corrective period that saw its price drop over 50%. The significant selling pressure took BTC down to the 61.8% Fibonacci retracement level where it has been hovering over the past two months. This Fibonacci retracement area is considered by many traders as the golden retracement zone due to the high probability of a rebound.

Yet, the buying pressure behind the pioneer cryptocurrency must increase to allow it to bounce off the current price levels. If volume indeed picks up, then Bitcoin could have the potential to surge to the 50% Fibonacci retracement zone that sits at $8,500.

Conversely, an increase in supply could push BTC below the golden retracement zone. Such a bearish impulse could trigger a major sell-off sending this crypto down to the 78.6% Fibonacci retracement level, around $5,500.

BTC/USD by TradingView

The ambiguous outlook that Bitcoin presents is also perceivable on its 1-day chart. Under this time frame, BTC can be seen trading between the lower and upper Bollinger bands since the beginning of December 2019. The low levels of volatility made the bands squeeze, which indicates that a period of high volatility is underway.

Due to the inability to determine which direction the flagship cryptocurrency will breakout, the current trading range between $6,880 and $7,660 is a reasonable no-trade zone.

A daily candlestick close below the $6,880 support level would likely be followed by a move down to the 78.6% Fibonacci retracement level. However, breaking above the $7,660 resistance level could take BTC to the 50% Fibonacci retracement level.

BTC/USD by TradingView

The market sentiment around Bitcoin is in fear, according to the Crypto Fear and Greed Index. As BTC continues to hover around $7,000, investors worry it could test lower lows extending the bearish trend it entered in June 2019. Based on the previous technical analysis, such a bearish perspective is extremely feasible. However, it remains to be seen whether the support or the resistance level will break first, which will determine the direction of the overall trend.

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Bitcoin is on the Cusp of a Major Price Movement - Crypto Briefing

Happy Birthday Bitcoin! Here’s a Look at Bitcoin’s 11th Year by the Numbers – Bitcoin Magazine

On January 3, 2009, the pseudonymous developer(s) Satoshi Nakamoto bootstrapped the Bitcoin network by mining its first ever block, block 0. The Genesis Block, as it has become known, came etched with a message that would invariably position Bitcoin as an alternative monetary system to rival the realm of central banking: Chancellor on brink of second bailout for banks, the memo read, in reference to a headline about the U.K. governments actions during the global recession of 2008 and 2009.

The rest, as you no doubt know, is history. Eleven years on and Bitcoin has harnessed the fervor of a community that was inspired by the philosophical tenets embedded in the Genesis Block message. Bitcoins meteoric success in the past decade defied the expectations of believers and skeptics alike, and with a thriving market that has captured $130 billion in value, it has graduated from fringe interest to a global economic phenomenon.

To commemorate Bitcoins 11th birthday and usher in a new decade, we compiled some stats to plot Bitcoins growth from 2019 to 2020 and provide a hard picture of the state of the network today.

From 2019 to 2020, we saw the following year-over-year changes to Bitcoins market, network and technical infrastructure:

At the beginning of 2019, 601 contributors had provided 19,104 commits to the Bitcoin Core Github; these figures would grow to 22,536 commits from 678 unique contributors by 2020.

Bitcoins price increased from $3,860 to $7,180, an 85 percent increase from the onset of 2019 to the onset of 2020. This accompanied a doubling of bitcoins market capitalization from $65.5 billion to $131 billion.

Amidst the wider crypto market, bitcoins dominance (i.e., its share of market value compared to that of altcoins) climbed from 51.8 to 68.3 percent.

Bitcoins supply grew from 17,457,634 to 18,135,846 over the course of the year, an annualized inflation of roughly 3.8 percent.

Bitcoins daily transaction volume grew fivefold over 2019, from $4.3 billion to $20.2 billion by the first day of 2020.

On the first day of 2019, Bitcoins network logged 235,813 transactions; this would increase a modest 6 percent by the first day of the new decade to 251,867. Notably, over this timeframe, the percentage of SegWit transactions out of the total transactions surged from 33.4 percent to 62.2 percent.

The value of daily transactions on the network shot up from $1.4 billion on January 1, 2019, to $4.1 billion to ring in the new year in 2020. As the value of transactions on the network trends with the price, the networks all-time high transaction volume in 2019 was $21.3 billion on June 18, 2019.

The highest median bitcoin transaction fee in 2019 was $3.55, while the lowest median fee last year was $0.03. The latest data available for January 2020 shows a median fee of $0.07.

The total number of unspent transactions (aka UTXOs, or bitcoin that havent been spent and included as an input for a new transaction) rose from 49,591,771 to 64,530,177 over the course of 2019, a 30 percent increase.

Bitcoins blockchain size grew 29 percent, from 198 GB to 256 GB from the beginning of 2019 to the beginning of 2020.

Bitcoins hash rate experienced an explosive increase over 2019, jumping from 42 exahashes per second (EH/s) (or, 42,000,000,000,000,000,000 hashes per second) to 112 EH/s.

Mining difficulty more than doubled from the beginning to the end of 2019, rising from 6 T to 13 T.

Bitcoin node count across the board unfortunately dropped from 2019 to 2020. The total number of listening nodes (i.e., nodes that are publically open to connect to other nodes) fell from 6,344 to 5,859, a 7 percent decrease. The total number of active nodes fell a drastic 25 percent from 64,746 to 48,141.

The number of total active addresses rose from 433,715 to 524,360, a nudge of 20 percent.

The total number of (known) Lightning Network channels jumped from 21,130 to 36,130 by the end of 2019 for a 41 percent increase. The average capacity per channel decreased from 3,115,316 sats to 2,721,418 sats, a fall of 12 percent on the year.

2,297 Lightning Network nodes were operational at the beginning of 2019. This increased 114 percent to 4,923 by the start of 2020. The average capacity per node, however, fell similarly to the average capacity per channel from 45,781,712 sats to 34,693,516 sats, a 24 percent decrease.

525 bitcoin were locked in Lightning channels for a cumulative value of $1.9 million at the onset of 2019. At the time of writing, 853 bitcoin worth $6.2 million are locked in Lightning channels, representing a 62 percent increase in total capacity and a 226 percent increase in the value of this capacity.

The number of cut channels on the Lightning Network (i.e., channels between two nodes that serve as a bridge to otherwise disparate nodes by providing a routing path) increased from 518 to 1,567 from 2019 to 2020. These channels comprise 31.8 percent of the network at the time of writing.

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Happy Birthday Bitcoin! Here's a Look at Bitcoin's 11th Year by the Numbers - Bitcoin Magazine

Bitcoin Price Could Rally to $9K Before a Massive Collapse, Heres Why – Cointelegraph

Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have been calling for astronomical all-time highs soon. One thing that is apparent in the market, is that you have to take it one week at a time.

With Bitcoin currently heading towards the mid-$7,000 range, is it time to flip bullish? Or is this yet another low liquidity Sunday pump to create CME gap-filling opportunities?

Daily crypto market performance. Source: Coin360.com

Whether you are leverage trading, or simply moving your Bitcoin into a stablecoin during the dips, if you are not capitalizing on the weekly CME gap, youre missing a trick. However, the more obvious these gap fill trades become, the more likely it is that they will soon become a thing of the past.

Christmas week is a week that I took off trading. The reason is that the CME was closed on the 24,25 and 26th of December, which meant attempting to trade a gap fill was slightly more difficult. As the gap left on Friday, Dec. 20 would have needed to fill on Monday, Dec. 23, and then Monday, Dec. 23 left a new gap to be filled on Friday, Dec. 27.

Next week is set to be the same, with the CME Holiday Calendar citing that trading will be closed Dec. 31 to Jan. 2, 2020.

BTC USD daily chart. Source: TradingView

It seems that traders with greater exposure to Bitcoin are driving the price during the weekend when the volume is thinner, and then waiting on institutional traders to fill the gap the following week.

However, with institutional money taking an extra 6 days off over the holiday break, it means more thin volume periods for the price to be driven by whales in this 24/7 market.

So while the bankers may sleep, Bitcoin, in fact, does not sleep, and this could open up a window for a short-term rally before the bear cycle resumes.

BTC USD MACD weekly chart. Source: TradingView

The Moving Average Convergence Divergence (MACD) indicator is showing early tell-tale signs of a bullish reversal. However, I dont expect this to continue. As can be seen in the image above, the MACD line changed its bearish course on Dec. 16, but why?

I believe that due to a lack of institutional interest over the Christmas period, the market was easily moved upwards, which has changed the trajectory and with it, has continued to print pale pink candles, which are getting shorter by the week, usually indicating a cross into green territory. This has given some hope of a relief rally before the real pain begins for Bitcoin.

But where could we see the digital asset move?

BTC USD BB Weekly chart. Source: TradingView

Using Bollinger Bands (BB) Indicator overlayed with my indicator that shows pivot points based on momentum, Bitcoin appears to have entered a short-term bull phase that will most likely see a rejection around the moving average of $9,000.

I believe this to be the case, as short-term low liquidity pumps falter around the moving average, as can be seen at the end of October. This is where Bitcoin price experienced an unnatural pump, which saw the digital asset climb around $2,500 in 48 hours, and despite a momentary wick above the MA, it failed to hold above this point and soon resumed its bear trend, feeding off the blood of hodlers at the bottom of the BB.

As such, with the institutional players easing up over the holiday period, its a perfect opportunity for the price of Bitcoin to be pushed up to around this level.

At this stage, you may be asking why I only see a short-term relief rally and not a full reversal. The reason for this lies in the Relative Strength Index (RSI) indicator.

BTC USD RSI weekly chart. Source: TradingView

The RSI is currently very much in the middle with a reading of 42.20 on the weekly. This doesnt signal anything to anyone, and as such, would not attract any significant money into the market. When the RSI is planted between 30 and 70, were simply in a ranging market where scalpers feed and hodlers bleed.

Right now, anyone with any significant cash holdings would be hesitant to go all-in on an asset at this point, whether it be Bitcoin or anything else. As such, this to me says we must first see more downside before Bitcoin becomes an attractive investment opportunity for smart money.

You only have to look at the end of 2018 and the beginning or 2019 where Bitcoin held an average price of $4,000 to see why the RSI is a valid indicator for buying Bitcoin, as buying in the oversold territory would have seen you gain over 300% on your investment throughout 2018.

BTC USD RSI DAILY chart. Source: TradingView

The daily RSI is also incredibly neutral, more-so than the weekly RSI. Its currently sitting on 52.16, which again sends no buying or selling signal to investors.

A pump towards $9,000 would certainly plant this in oversold territory, which could spark a sell-off, with people trying to cover their hemorrhaging losses after FOMO-ing in at $10,000 levels earlier this year thanks to a wave of social media influencers prematurely declaring that BTC is in a bull market.

Incidentally, the monthly RSI is reading the same as the daily, so no need to look at that today. However, I will look at the monthly BB.

BTC USD BB monthly chart. Source: TradingView

As Bitcoin continues to stay in a sidewards range, the inevitability of an extinction-level event that will cause even the die-hard Bitcoin maximalists to question why they HODL lines of code, looks more and more likely.

Having pierced through the MA two months in a row, and with the red candles getting longer by the month, it seems that Bitcoins support is only around $400 away, before falling to painful lows.

The support on the Bollinger Bands is currently $2,550 and whilst Bitcoin has never actually touched the support on the monthly BB, thats not to say it wont have a good run towards it should $7,010 fail to hold in the short term.

With the CME only being open 2 days next week, expect the unexpected. This could go both ways (and I expect it probably will). But from a bull's perspective, Id be looking at the moving average on the weekly of $9,000 as the target before being rejected. If it continues past this price, the next level of resistance is $11,300. However, this doesnt seem likely.

After the CME gap fills at $7,265 which is likely to happen tomorrow history tells us that the price will revert to the previous trend. However, should it continue to fall, the Bitcoin price only needs to fall a further $150 before it finds itself at the support of $7,010.

If this fails to hold, its game over Bitcoin, and the road of pain will truly begin. Any move below $7,000 could quickly recover on Friday, Jan. 3 depending on when the CME closes Monday evening.

But since this is still the holiday season, I dont expect the real bear trend to resume until the week commencing on Jan. 6 once all the suckers have gone long. That being said, if it did continue to fall, $6,800 is the support on the daily BB for Bitcoin, which is a key level to take note of.

The views and opinions expressed here are solely those of @officiallykeith and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Bitcoin Price Could Rally to $9K Before a Massive Collapse, Heres Why - Cointelegraph

Why 2020 will be the best year yet for Bitcoins Lightning Network – Decrypt

For Bitcoins scaling solution, the Lightning Network, 2019 passed in a flash of innovation.

Developers made major progress in enabling large sums to be transferred across the network; the first neutrino mobile wallet was launched; the first Lightning conference opened; the first major exchange integration went live, and more. Huge milestones, as Ryan Gentry, lead analyst at crypto investment firm MultiCoin Capital, told Decrypt.

But for Lightning, a super-fast payments layer on top of the Bitcoin blockchain that allows users to send and receive bitcoin quickly and cheaply, 2020 promises plenty more thrills, and perhaps some spills too.

This is a very exciting time for Lightning, said Samson Mow, chief strategy officer at Canadian blockchain services provider Blockstream. For 2020, I expect to see continued growth of the network and further privacy improvements as well.

Payments on the Lightning Network are becoming easier, with developers anticipating further progress with multi-path payments. These allow for multiple channels to be used together in concert, meaning that payments can be split into smaller chunks. That, in turn, means that large amounts of bitcoin can be sent both quickly and cheaply.

But multi-path payments arent the only option being worked on.

Roy Sheinfeld, co-founder of bitcoin wallet and payment services provider Breez, said that the startup is working on asynchronous payments via Lightning Rod, a new offline-style payments protocol that will enable users to make payments without the need for mobile nodes to be online at the same time.

Channel capacity is also set to increase, he predicted. So-called Wumbo channels are in the works. These would not only remove the current 0.167 BTC channel limit, but leave payment participants free to set it as high as they wish.

Another upcoming innovation to look out for is Trampoline routing. This should enable clients to simplify their network transactions by relying on a so-called trampoline node to relay payments, instead of having to do it manually.

Well also see more exchanges jumping on board. Bitfinex just added support for the Bitcoin Lightning Network, and Bitfinex wallets can now send and receive bitcoin using Lightning.

In February, Twitter and Square CEO Jack Dorsey announced that Squares Cash App will integrate Lightning capabilities sometime in the future. Dorsey is a high profile Bitcoin cheerleader as well as an investor in Lightning; hes recently doubled down by funding the development of Lightning.

In the same month, Jeremy Welch, the chief executive of Casa, which provides Bitcoin multisig key security and Lightning nodes, told Decrypt that Dorseys support for Lightning via Square would simply be huge.

Messaging functionality is in the works, too. A peer-to-peer, instant messaging protocol, Whatsata portmanteau of WhatsApp and satoshiwas created for Lightning in November. It enables encrypted messages to be sent without the use of a third party, like Facebook or WhatsApp. For the time being, its free; implementing a low-cost version is the main challenge.

Theres even a Lightning ATM in development that will allow you to convert all your spare change to satoshi.

All that progress comes at a price, however.

For 2020, I'm anticipating tension between those on the network that want to onboard millions of users now, and those that want to go slow and prioritize user privacy first, said Ryan Gentry, lead analyst at crypto investment firm MultiCoin Capital.

Gentry questions whether the networks liquidity management tools are currently robust enough to handle a sudden influx of payments. It will be very interesting to see how the network holds up if a game like Litenite or Raiki goes viral, he said.

We have to check that the network can scale, that the clients can scale, admitted Sheinfeld.

Be the first to get Decrypt Members. A new type of account built on blockchain.

With Breez, Sheinfelds ultimate aim is to improve Lightnings UX. We want to obfuscate complexity, and make it a seamless experience, like with the Internet, he said. Lightning service providers, he believes, will play a leading role in onboarding users, performing a similar function to Internet Service Provider (ISPs).

If we want to provide UX thats on a par with fiat, were not there yet, but I think well be there in six to 12 months.

If the Lightning networks going to achieve mass adoption, it has some hurdles to overcome, thenbut its going flat-out. In the meantime, why not help things along by building your own Lightning node.

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Why 2020 will be the best year yet for Bitcoins Lightning Network - Decrypt

Bitcoin Cash surges nearly 14 percent to close first week of 2020 – Yahoo Finance

Bitcoin Cash (BCH), a fork of Bitcoin and the fourth-largest cryptocurrency by market map, has jumped in price by almost 14 percent within the last 24 hours.

BCH is now trading for right around $220 per coin, roughly a $20 jump from where it stood just yesterdayand a nearly $40 increase compared to two weeks ago.

Perhaps 2020 will prove to be a more positive year for Bitcoin Cash than the second half of 2019. Following a high of nearly $500 per coin during the summer, BCH has been on a steady decline ever since.

In mid-November, for example, the cryptocurrency led the market in terms of losses, along with its close crypto-cousin Bitcoin SV.

Nevertheless, Bitcoin Cash seems to be growing in popularity in regions such as Venezuela, where it is purportedly accepted by more shops and businesses than Bitcoin. So all hope for BCH hodlers isnt lost.

Meanwhile, crypto traders today are seeing green across the board. Bitcoin, for example, is up nearly 6 percent (possibly as a result of todays airstrike in Iran). Ethereum is up around 5 percent and trading at $133 per coin, and Bitcoin SV is up 10 percent and currently worth $102 per coin.

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Bitcoin Cash surges nearly 14 percent to close first week of 2020 - Yahoo Finance

Bitcoin Just Reversed And Its Likely Heading $7,400 – newsBTC

Bitcoin price is climbing with a bullish angle above $7,000 against the US Dollar. BTC is likely to accelerate higher if it clears the $7,260 resistance.

Recently, there was a downside extension in bitcoin below the $7,100 and $7,000 support levels against the US Dollar. BTC price spiked towards the $6,880 support and traded to a new 2020 low at $6,863.

However, the bulls took a stand, resulting in a sharp upward move above the $7,000 resistance. Besides, there was a break above the $7,080 resistance area. More importantly, there was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair.

The pair spiked above the 50% Fib retracement level of the downward move from the $7,530 high to $6,863 low. Though, the upward move was capped by the $7,260 resistance area.

Additionally, the price is facing hurdles near the 61.8% Fib retracement level of the downward move from the $7,530 high to $6,863 low. Bitcoin is currently correcting lower below $7,200.

On the downside, an initial support is near the $7,120 level and the broken trend line. The next major support is near the $7,080 level, below which the price is likely to resume its downtrend.

Conversely, the price might continue to rise above the $7,260 resistance. The next major resistance is near the $7,400 level. An intermediate resistance is the 76.4% Fib retracement level of the downward move from the $7,530 high to $6,863 low.

If the price continues to rise above $7,380 and $7,400, the next stop for the bulls may perhaps be $7,460 and $7,500. Any further gains could lead the price towards the $7,500 resistance area in the coming sessions.

Bitcoin Price

Looking at the chart, bitcoin price is reversing losses above $7,100 and the 100 hourly SMA. If there is another surge above $7,260, it will most likely confirm a trend change and a fresh increase towards $7,500.

Technical indicators:

Hourly MACD The MACD is currently gaining strength in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for BTC/USD is now well above the 50 level.

Major Support Levels $7,120 followed by $7,080.

Major Resistance Levels $7,260, $7,380 and $7,460.

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Bitcoin Just Reversed And Its Likely Heading $7,400 - newsBTC

$65 Mln Worth of Bitcoin Transferred to Bitstamp and Binance from Unknown Wallets – U.Today

As the New Year has started, not only tremendousamounts of XRP have begun to move but also gargantuan sums in Bitcoin.

Over the past two hours a $36.5 mln worth of BTC has been moved between the Bitstamp exchange and several unknown wallets. On January 1, Whale Alert showed one more transaction between an unknown wallet and Bitstamp totalling $8,974,648 (1,250 BTC).

In the comment threads, some are expressing opinions that Bitcoin whales are moving their funds.

The Whale Alert account reports that over the past hour three transactions have takenplace between Bitstamp exchange and two unknown wallets.

Even though the third transaction also mentions an unknown wallet, the page with details provided by Whale Alert states that it was done between two wallets that belong to Bitstamp.

Image via Twitter

On January 1, a wallet with an unidentified owner moved 1,250 BTC to Bitstamp as well.

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Prior to that, the Twitter account of Whale Alert reported several consecutive transactions between unknown wallets and the Binance crypto trading giant. The amount sentto both ends totals almost $30 mln in Bitcoin.

Image via Twitter

In the comment thread, the majority of users believe that a Bitcoin dump is coming after these large BTCtransactions. One user, however, believes that these huge amounts transacted mean an approaching Bitcoin price surge.

A user @cryptzos predicts that these massive BTC movements being made could mean a 10%-20% percent Bitcoin price drop.

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$65 Mln Worth of Bitcoin Transferred to Bitstamp and Binance from Unknown Wallets - U.Today