Litecoin Price Analysis: LTC Leads Altcoin Recovery

Litecoin has broken the current bearish downtrend pattern after a month-long pull-back saw price levels drop around 50%. The question remains as to whether LTC and other altcoins will begin to rally higher or continue to create lower lows over the coming weeks. Litecoin Price Analysis Daily Chart On the Daily LTC/BTC chart we can see the most recent breakout ending the downtrend stemmed from the highs in early June at around 0.018 sats. Litecoin volume has been trading very high throughout during the recent pull-back which formed a falling…

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Fund Manager: US Might Have Already Lost Crypto Innovation Race

As U.S. lawmakers wrestle with what to do with Facebook’s Libra, they are being forced to confront another digital currency that they’ve been trying to avoid like the plague – bitcoin. Unfortunately, the longer lawmakers wait, the more left behind the U.S. becomes as crypto innovation goes elsewhere. Even Facebook chose Switzerland for its Libra […] The post Fund Manager: US Might Have Already Lost Crypto Innovation Race appeared first on CCN Markets

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‘I Like Bitcoin’ Not Facebook Libra, House Rep. Kevin McCarthy Admits |

US House Representative Kevin McCarthy said he likes bitcoin because of its decentralized nature and security. The minority leader praised the cryptocurrency’s underlying blockchain ledger technology for protecting users’ privacy, a feature that is otherwise missing across centrally-controlled financial services. For the same reasons, he criticized Facebook’s upcoming cryptocurrency project Calibra for being the polar opposite of bitcoin. “When I’m on Facebook, I’m not the customer, I’m the product,” McCarthy told CNBC. “Facebook is free because they sell your data to make money. Now they want to get into the business,…

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Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts

Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. The Feds Want to Stop Crimes and Stabilize Markets Steven Mnuchin was not lying when he said that the federal government wants […] The post Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts appeared first on CCN Markets

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Wiki’s Co-Founder Larry Sanger on Internet, Blockchain and Knowledge

Intellectual of the innovative industry, innovator of the concept of intellectuality, experimentator with technologies and educator by dedication, before co-founding Wikipedia in 2001, Larry Sanger studied and taught philosophy, being interested especially in epistemology — i.e., the science of knowledge.  It was in college that he started thinking of the internet as a potential way of decentralizing knowledge. His early project in this regard was a web forum for discussions between tutors and students, who could thus communicate outside the usual academic environment. Sanger explained: “The thing that drives me…

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