Bitcoin Price Prediction: Bitcoin Heading Towards New All Time High In 2019

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Bitcoin | Bitcoin price | 2019

Price predictions in any market can be quite dicey, to say the least, and when it comes to emerging markets that are still finding a footing, such as the cryptocurrencies, the degree of skepticism comes into play. For 2018, Bitcoin (BTC) was expected to observe a market correction, however very few expected it lose over 80% in 2018. So, what’s in stock for 2019, Weiss Ratings just released their predictions, let’s check them out.

While BTC did slip down from its perch of 2017, the fundamentals for crypto in 2018 were extremely good. The adoption rate was on a high, a few institutional investors like the Citigroup, Morgan Stanley and Goldman Sachs showed interest in the market. Furthermore, Nasdaq and Bakkt planned to launch crypto – derivatives to invite other institutional giants. Notably, many countries rolled out regulatory f...

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Cryptocurrencies Are Not A Threat, Reserve Bank Of India (RBI) Asserts In a Latest Report

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Cryptocurrencies | RBI | Indian Regulations | India

Cryptocurrency and Indian government seems to be on an on-again, off-again relationship with each other. Now that the hearing of RBI’s imposed ban is around the corner, a report published the central bank suggests that the dynamic duo has become friends again.

Last week, RBI published a report titled ‘Report on Trend and Progress of Banking in India 2017-18’. The report states the current stance of the central bank over cryptocurrencies, that they are not a threat. The report reads:

“The Financial Stability Board (FSB) has undertaken a review of the financial stability risks posed by the rapid growth of crypto-assets. Its initial assessment is that crypto-assets do not pose risks to global financial stability currently. The market continues to evolve rapidly, however, and this initial assessment could change if crypto-assets were to become ...

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The structure of the Tangle — Number of approvers

This article was first published on: IOTA - Medium --

The structure of the Tangle — Number of approvers

In this blog, we talk about the number of direct approvers a tip can receive. In the Tangle, each transaction approves exactly two tips. While this implies that the average number of direct approvers is equal to two, the actual number of approvers can vary significantly between transactions. This is shown in Fig. 1. Here we will look in particular at the probability distribution P(n) to have exactly n approvers. In other words, we are interested in the likely number of potential paths that a random walk will choose from a random transaction. This metric is not only interesting for investigating the structure of the Tangle, but it also allows us to make some probabilistic predictions. For example, recent research showed that the probability distribution P(n) can be employed to make predictions on whether certain parts of the parasite chain attack would be successful, hence providing us with insight under which conditions we should apply c...

This content is synced from the rightful owners. Copyright on text and images belong to the original source. -- This article was first published on: IOTA - Medium