One week after the Bitcoin rewards halving, investors are speaking more positively about the coin than they have at any point over the last 2.5 years according to crypto data company The TIE.
Chief Executive Officer (CEO) Joshua Frank spoke to Cointelegraph on May 18, saying the 30-day average daily sentiment score — the number of positive reviews in relation to the number of negative reviews — of Bitcoin (BTC) is the highest the company has ever recorded.
Bitcoin‘s sentiment (30 day average) is the highest that we have recorded since 2017.
30 day average tweet volumes on Bitcoin are also at 2020 highs. pic.twitter.com/A1IXRaeIPo
— The TIE (@TheTIEIO) May 18, 2020
In addition, 30-day average tweet volumes for BTC were also at an all-time high for 2020. On May 17, there were 31,111 tweets about the cryptocurrency with words including “Bitcoin”, “gold”, “trading”, and “halving”. Even author JK Rowling and tech mogul Elon Musk were high in the rankings, due to Rowling’s May 15 Bitcoin inquiry on Twitter and Musk’s response.
Bitcoin mentions driving price up?
Frank said this data made the market look “extremely bullish about Bitcoin”, with the overwhelming majority of words used by investors on Twitter on May 18 as positive. Even pre-halving, The TIE found a “moderately strong and positive” correlation between mentions of Bitcoin’s halving and the asset’s price.
According to The TIE, “while the Halving remains a positive point of conversation for BTC, the digital gold narrative is reemerging as the dominant narrative for the coin during this time of extreme economic uncertainty.”
If reproduced, please indicate the source: http://www.uucj.net/bitcoins-sentiment-score-post-halving-rises-to-highest-since-2017/
The Africa Blockchain Institute (ABI) will open Rwanda’s ostensibly first blockchain school in 2020, offering five new courses for local developers, professionals and policymakers. In an interview with Cointelegraph on Dec. 26, ABI Executive Director, Kayode Babarinde, revealed that the new school has five key courses in the pipeline: a blockchain essentials certification course, a blockchain developers’ course, an enterprise blockchain course, blockchain for lawyers and blockchain for impact. Groundwork laid in Ghana Babarinde told Cointelegraph that the ABI laid the foundation for its work in Rwanda by running a pilot phase for the school in Ghana, where it launched the inaugural class for a blockchain essentials certification course. While the five course areas had already been broadly sketched out ahead of the pilot in Ghana, the school’s curriculum has now been rehauled and updated on the basis of the responses and experiences of course participants. Babarinde said that the support and cooperation of the Blockchain DLT Rwanda Association, and its chairman, Norbert Haguma, has been a key factor in its decision to launch the school in the country. More…Dec 27, 2019
Minecraft on PS4 will finally be receiving cross-play support. After several years of waiting, players on PS4, Xbox One, and Nintendo Switch will all be able to play Minecraft together. As great as this news is, it shouldn’t have taken as long as it did. Well, it’s about time. Minecraft on PS4 is finally joining all the other versions in receiving cross-play support. Further still, the PS4 version will now be updated on the same schedule as the rest of the bedrock versions. Gamers are understandably celebrating the update, and they’re presumably looking forward to playing with their PlayStation-owning friends. I don’t want to rain on anyone’s parade, but as great as this news is, it’s coming far too late. It has been two years since cross-play first came to Minecraft, and one year since the Nintendo Switch joined the party. Yet, we had to wait until December 2019 to get cross-play on PS4. It’s frankly ridiculous, and it entirely Sony’s fault. Minecraft Cross-Play Finally Arrives on PS4 Back when the original trailer dropped for cross-play between Xbox and Nintendo,…Dec 9, 2019
Ethereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market. One analyst is now noting that there are a few key technical factors that he is closely watching for insight into where Ethereum will trend next, with the crypto offering some conflicting signals. Importantly, ETH is on the cusp of confirming a highly bullish technical formation that could lead it to see a massive rally, should bulls gain enough strength to complete the pattern. Ethereum Outperforms Bitcoin and Other Altcoins Amidst Market-Wide Downturn At the time of writing, Ethereum is trading down just under 1% at its current price of $132, which marks only a slight decline from daily highs of $134 that were set yesterday. ETH’s ongoing bout of sideways trading marks an extension of that which it has been facing throughout the past couple of days, with it holding up surprisingly well…Apr 2, 2020
The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei Bilyuchenko, who confessed to being the tech administrator of the infamous BTC-e exchange and later co-founder of WEX, had been questioned as part of a criminal investigation underway in Russia since late 2018, BBC News Russian reported Friday. The report was based on materials of the probe, obtained by the BBC and reportedly confirmed as genuine by two sources “close to the investigation.” In his statements, Bilyuchenko said he was forced to send all the cryptocurrency in WEX’s wallets to unnamed staffers of the Federal Security Service (FSB), the successor of the Soviet KGB, shortly before the exchange ceased operations. The admin further said he had been close to Alexander Vinnik, the alleged operator of BTC-e, which has been linked to the massive Mt. Gox hack and was shuttered by the FBI in July 2017. When Vinnik was arrested in Greece to face…Nov 16, 2019
In the back of Upbit and CoinOne, Bitsonic will be a following name which is entering into the East-Southern Asia market. On 11 Nov 2019, Bitsonic declared that they will join in Vietnam Crypto through the corporation with Innovan Tech company which is known as a total blockchain developer in Vietnam. Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte The brand of Bitsonic in Vietnam will be named as Mtobit, which will be officially issued in the first quarter of next year. Mtobit has the plan to make cooperation with banks of Vietnam to open Fiat service in Vietnam as well. “Vietnam is the first foreign market of Bitsonic and we will make a good achievement by making cooperation with local banks and blockchain developer” Bitsonic said. On November 15 and November 17, Bitsonic exchange cooperated with Mtobit exchange to hold a private meetup in two major cities in Vietnam (Hanoi and Ho Chi Minh) to introduce Mtobit exchange to investors as well as the media. Twitter Facebook reddit Pinterest Hacker News LinkedIn Tumblr Google+ VKontakte Related Links:…Nov 20, 2019
Published on March 10th, 2020 by BTCMedia,Mar 11, 2020
Club directors caught Xavi off-guard with job offer. Valverde is now in untenable position. Barcelona creates a crisis of their own making after Xavi rejection By offering club legend, Xavi, the coach’s position, FC Barcelona has shown an extreme lack of class. Ernesto Valverde deserves to go, but not like this. The club now runs the risk of this season turning into a disaster. When Barcelona club legend, Xavi Hernandez, agreed to take a meeting in Qatar with Oscar Grau and Eric Abidal, he knew the talk would center on the coach’s position. What he didn’t know was that they would offer him the job there and then. Valverde’s most recent example of proving himself to be a master of ripping defeat from the jaws of victory set him up for the sack. But a club of Barcelona’s standing should not be going around offering an already filled position to another coach. Valverde Should Walk There’s no greater indignity in the world of high-end coaching than having your employer openly offering your job to another coach before they have the…Jan 13, 2020
The National Bank of Cambodia’s new digital currency is called Bakong. It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational within the present fiscal quarter. Serey described Bakong as “the national payment gateway for Cambodia.” Bakong will play a central role in bringing all players in the payment space in Cambodia under the same platform, making it easy for end-users to pay each other regardless of the institutions they bank with. Eventually, we hope to allow cross border payment through the Bakong system too. Unlike most blockchain-driven cryptocurrencies, Bakong is a closed system that’s backed by banking authorities. A software wallet is linked to each user’s bank account for them to more easily interact with hard currency. The system supports real-time transactions while the National Bank of Cambodia stores centralized records about where the money goes. This is a bit of an adjustment to Cambodia’s previous heading on cryptocurrency and blockchain technology. The country had…Jan 31, 2020
AMF ( ‘Autorité des marchés financiers) is the authority for financial markets there granted ICO approval earlier this week. It gave the approval as conditional based on certain factors. The authority gave its approval based on certain conditions. These conditions tally with standard best practices the world over. It also demonstrates the need for simplistic rules for the activities within the cryptospace. The new rules are to ensure the security of the digital assets to be issued, effective compliance with standard processes for anti-money laundering and Know-Your-Customer practices and legal registration within France itself. This comes as the west has been lagging behind in cryptocurrency regulations as Asia has moved forward with rules and regulations of their own. Many are keen on entering the cryptospace but many governments haven’t come up with the right framework as of yet, France will toe the path of the Germans when it comes to the allowance of anything regarding cryptocurrencies. They have also had issues with the Americans. The introduction of new taxes against US-based technology companies indicates friction between both countries. These new…Jan 4, 2020
XRP has been rallying throughout the last week, pushing through downtrend resistance and is potentially ready to reclaim former highs. The first step in an attempt at breaking above recent bear market rally highs is recapturing the 200-day moving average – a feat that XRP just achieved after the latest pump above. XRP Recaptures 200-Day Moving Average Following Downtrend Breakout Since the start of January, altcoins across the crypto market have been breaking through downtrend resistance and going on powerful rallies – some growing as much as 400% in a week’s time. But one of last year’s poorest performers, XRP, has continued to lag behind the rest of the altcoin market and Bitcoin. Related Reading | XRP Breaks Out of Two-Year Downtrend Against Bitcoin and the Dollar It’s only this past week where XRP broke out from downtrend resistance on both the USD and BTC trading pairs, causing the cryptocurrency to release built-up buying pressure and spring higher. Upside targets could reach as high as $14 if the rally rises similarly to the last break of downtrend resistance. But before…Feb 5, 2020