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Inside Bitcoin

Inside Bitcoin (Apr 15th, 2019)

$BTC (3:21 p.m. EST): $5,081.94 (-0.92%) // 90-day high: $5,156.44 // 90-day low: $3,286.14 / / More

$BCH ABC (3:21 p.m. EST): $308.10 (9.55%) // 90-day high: $332.82// 90-day low: $80.95 // More

$ETH (3:21 p.m. EST): $160.41 (-2.81%) // 90-day high: $181.11 // 90-day low: $86.08 // More

$LTC (3:21 p.m. EST): $81.06 (-1.01%) // 90-day high: $93.66 // 90-day low: $22.09 // More

$XRP (3:21 p.m. EST): $0.32 (-2.10%) // 90-day high: $0.43 // 90-day low: $0.28 // More

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1. Ethereum co-founder Vitalik Buterin took to Reddit to defend the progress of Ethereum 2.0, saying it has not been delayed “even by a single day.” Buterin’s answer came in response to a comment posted from a user disgruntled about the negative influence of the Dothereum proposal. His answer highlights the technical progress made on ethereum, nothing that there are “silent armies” of developers continuously working to make Ethereum 2.0 happen. –ETHEREUM WORLD NEWS

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2. Members of the cryptocurrency community have raised more than $10,000 to help Hodlonaut fend off a potential lawsuit from Craig Wright. Hodlonaut, the creator of the Lightning Torch, allegedly made statements about Wright on Twitter – in particular, arguing Wright is not Satoshi Nakamoto as he claims. Wright sent a legal letter to Hodlonaut calling for an apology and a public acknowledgment that Wright is in fact Nakamoto. Hodlonaut has retained legal counsel in the UK. Holdonaut is not the only one that has issues with Wright. Binance recently announced it would end support for Wright's Bitcoin SV. –CHEPICAP

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3. The Securities and Exchange Commission started a crackdown on the names of ETF funds, including those that allude to blockchain and cryptocurrency. More than a third of ETFs changed names over the last year, including one that initially had blockchain in its name. That product is now referred to as a “transformational data sharing” ETF. This comes as ETF providers try to name their funds in a way that will stand out to the consumer, but the SEC leverages a decades-old rule to ensure the name matches what the fund offers. –BLOOMBERG

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4. LedgerX wants to become the first company in the United States to offer physically settled bitcoin futures contracts. The company said Monday it filed for a designated contract market license, which would allow it to offer the products. The cryptocurrency futures contracts currently on the market – namely CME Group, and previously Cboe – paid customers in cash when the contract expired. LedgerX would pay them in bitcoin, rather than the monetary equivalent. –COINDESK

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5. BitMEX CEO Art Arthur Hayes – never a prominent bitcoin cheerleader – said bitcoin could reach at least $50,000 per coin in the next two to five years. –CCN

6. The litecoin hashrate reached a new all-time high on April 4, breaking the previous record set almost 11 months ago. –COINGAPE

7. The National Payments Corporation of India has considered implementing blockchain to increase the security of digital transactions. –COIN TELEGRAPH

8. Vitalik Buterin as the Night King from Game of Thrones. –TWITTER

9. Data from Google Trends shows that people tend to search for the term “buy bitcoin” only after the price has increased. –BITCOINIST

10. CryptoSlate has an exciting look at the steps some exchanges take to boost volume artificially. –CRYPTOSLATE

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Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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