Drop Resumes / Intel Patent / 'Bury Bitcoin' / Ethereum 1x

Subscribe | View in browser $BTC (1:08 p.m. EST): $4,047.64 (-6.64%) // 90-day high: $7,382.19 // 90-day low: $3,604.14 / / More… $BCH ABC (1:08 p.m. EST): $175.14 (-3.88%) // 90-day high: $703.41// 90-day low: $157.32 // More… $ETH (1:09 p.m. EST): $114.66 (-3.90%) // 90-day high: $365.71 // 90-day low: $98.42 // More… $LTC (1:09 p.m. EST): $32.33 (-5.82%) // 90-day high: $74.80 // 90-day low: $27.23 // More… $XRP (1:09 p.m. EST): $0.36 (-3.86%) // 90-day high: $0.61 // 90-day low: $0.26 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Bitcoin's two-day rebound is back on hold. The cryptocurrency saw its price drop below $4,000 again early Friday, surrendering about half the gains it made over the past two days. Analysts at FX Pro Insights argued that the drop is the result of short-term trades looking to book some profits following the drop. The biggest question is whether the crypto market has reached a bottom or if it still has more room to fall. –MARKET WATCH       2. Intel successfully filed a patent this week for a processor it claims can offer high-performance bitcoin mining. The processor is built on the SHA-256 algorithm, like bitcoin, in an effort to make the mining process more efficient, and thus more profitable. Intel's patent plans to hard-wire the part of the mining process that requires transaction-specific data to be processed only once. Current miners process this data in a number of stages, taking away efficiency. By improving this step, Intel hopes to reduce the time and energy needed to complete a transaction. –THE NEXT WEB       Hiring can be a numbers game—when considering salary, how much should you offer top tech talent? Vettery aims to make the recruiting process more transparent for job-seekers and hiring managers, across the board. And we noticed there's one thing people can't stop talking about: salary. We believe that when all parties are on equal footing, everyone is poised to have a better hiring experience. Download Vettery's 2018 Tech Salary Report       3. Paul Donovan, the chief economist at UBS Global Wealth Management, believes it is time to "bury bitcoin." In an interview on Thursday, Donovan, who has been a vocal critic of cryptocurrencies, said they are fatally flawed. "Right from the start of the hike in late last year, it was fairly obvious that this was going to end badly, unfortunately, for some of the people who weren't protected by any kind of regulation and got sucked into the process," he said. –CNBC       4. An increase of research and development has started to form around the ethereum 1x proposal. This upgrade is aimed at improving the usability of the ethereum blockchain. While the exact code has not been settled, discussions have largely centered on more radical proposals aimed at creating potentially dramatic change. Even if the changes were decided quickly, they would likely not be able to take effect until this summer at the earliest. –COINDESK       A 6-week MIT blockchain course Be guided by MIT faculty as you learn to harness the power of blockchain technology to solve real-world business problems in your organization. Find out more.        5. The US government has targeted Iranian hackers for laundering bitcoin. –THE WALL STREET JOURNAL 6. This chart shows how bitcoin may be entering a multi-quarter bottoming that is similar to the 2014 cryptocurrency crash. –MARKET WATCH 7. Canaan Creative is holding a "flash sale" on cryptocurrency mining equipment in the wake of the bitcoin price drop. –COINDESK 8. Glance Technologies, a mobile payments company based in Canada, has added support for bitcoin payments. –COIN TELEGRAPH 9. ConsenSys Labs has led a $2.1 million seed investment in AZTEC, an ethereum protocol that will facilitate private transactions across the public blockchain. –BCFOCUS 10. Blockchain and artificial intelligence have the opportunity to lead to another industrial revolution, a writer believes. –FORBES       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: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Capitalize on the economic opportunities offered by blockchain technology with MIT Sloan.

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