Bitcoin Hits 5-Week High / Ethereum's Slide / Bitmain IPO / Buterin Concerns

Subscribe | View in browser $BTC (3:31 p.m. EST): $4,101.95 (0.55%) // 90-day high: $4,238.41 // 90-day low: $3,286.14 / / More… $BCH ABC (3:31 p.m. EST): $169.28 (-0.06%) // 90-day high: $218.09// 90-day low: $80.95 // More… $ETH (3:31 p.m. EST): $141.13 (​1.00%) // 90-day high: $160.13 // 90-day low: $86.08 // More… $LTC (3:31 p.m. EST): $61.31 (-0.08%) // 90-day high: $62.08 // 90-day low: $22.09 // More… $XRP (3:31 p.m. EST): $0.30 (-0.60%) // 90-day high: $0.43 // 90-day low: $0.28 // More…       1. The price of bitcoin eclipsed $4,100 per coin early Friday, hitting its highest price in five weeks. As mentioned earlier this week, bitcoin has been relatively stable over the past month. Omkar Godbole, a market analyst at CoinDesk, sees a comparison to a similar steady period in early 2015. "If history is any guide, then BTC could oscillate in the recent trading range of $3,100–$4,300 in the next few months before breaking into a bull market," he writes. –COINDESK       2. The ethereum blockchain has lost market share to platforms like EOS, Tron and NEO, among others. "The simple reality is that until the last six-to-nine months, there were no other options besides Ethereum," said Kyle Samani, co-founder of Multicoin Capital. "Now there are." These other options include better features for creating apps along with the ability to generate funds through ICOs. The change is most seen in ETH's price, which has not rebounded at the same rate as other coins. –BLOOMBERG       Ad The O'Reilly Open Source Software Conference Being a software developer goes beyond open source. Join us at OSCON to learn what's driving the industry forward, from cloud-native to AI. Save 20% when you register with code INSIDE20. 3. Bitmain Technology has pulled back plans to go public, causing some concern in the cryptocurrency community. The company let its proposal to go public on the Hong Kong stock market lapse, saying it will revisit going public "at an appropriate time in the future." Bitmain, which designs cryptocurrency mining tools along with hardware and AI microchips, hoped to raise $3 billion in an IPO. –FORBES       4. Ethereum co-founder Vitalik Buterin discussed on Reddit some of the biggest roadblocks the network will face in a transition to Proof-of-Stake (PoS). His for primary isses: Having lower than expected participation rates in validating; stake pooling becoming too popular; sharding turning out more technically complicated than expected; and, running nodes turning out more expensive than expected. –THE NEXT WEB       Ad What's new in the entirely reimagined Jira Software? Just about everything. The next generation of Jira has arrived, featuring new roadmaps, more flexible boards, an overhauled configuration experience, and dozens of new integrations. And that's just the beginning. See what you're missing in the entirely reimagined Jira Software. Simpler and more powerful than ever before.      5. Former Mt. Gox CEO Mark Karpeles plans to appeal his recent conviction on data manipulation charges. –COINDESK 6. The Coffee Board of India launched a pilot blockchain-based e-marketplace to better integrate coffee farmers with markets. –COIN TELEGRAPH 7. Innisfil, a Toronto suburb with 35,000 residents, launched a pilot program to allow residents to pay property taxes with cryptocurrency. –COIN TELEGRAPH 8. The White Company, which offers luxury goods and high-end experiences, launched a cryptocurrency platform called White Wallet. –DAILY HODL 9. A scam defrauded more than 250 people of $9 million in cryptocurrency. –CCN 10. Formula One entered into a partnership with Animoca Brands to develop an ethereum-based game called F1 Delta Time. –ICO EXAMINER       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).       Ad A reimagined Jira Software. Simpler and more powerful than ever before. Learn more. Vettery's 2019 Tech Salary Report Is Here. Download Now.   Meet the Pod: A high-tech bed designed to improve your sleep through dynamic cooling and heating. Learn More

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