One of the technical mechanisms that has helped earn bitcoin comparisons to cash is on the verge of a major update.

Called "coin selection," the term refers to the algorithm that today decides which bits of data come together to create a user's transaction. Essentially, the coin selection code replicates the process of giving, say, a $10 bill to a cashier for a $7 item and the consumer receiving $3 in change.

But if that doesn't sound particularly complex, remember bitcoin is experimental software, and this function, while working, isn't altogether optimized. Making matters worse, the part that perhaps needs tweaking has a direct impact on user costs.

https://www.coindesk.com/bitcoin-core-finally-going-get-better-selecting-coins-payments/

Bitcoin risks entering a technical "death cross" soon, but the bearish signal will likely not be as severe as has been made out in reports.

A death cross occurs when the 50-day moving average (MA) cuts the 200-day MA from above (bearish crossover), indicating a long-term bear market going forward. As seen on the bitcoin daily chart below, the 50-day MA looks set to dip below the 200-day MA imminently.



https://www.coindesk.com/why-bitcoins-death-cross-may-become-a-bear-trap/

The cryptocurrency project Bitcoiin2Gen announced that its founders and Brand Ambassador Steven Seagal are leaving the organization following the completion of the initial coin offering (ICO), according to a press release March 26.

In the document, the team behind Bitcoiin expressed its gratitude to all their contributors, anonymous founders, and Brand Ambassador, actor Steven Seagal. The announcement also claimed the move was in keeping with the plan for the cryptocurrency to remain truly anonymous:

“As Bitcoiin goes through the conversion phase from token to mineable coin we wish to advise that Bitcoiin will join the likes of the original Bitcoin and become a truly open source. Therefore a big thank you to the Founders and to our Brand Ambassador whom we wish all the best in their future endeavors. However, from this point on Bitcoiin will function within its ecosystem and become a genuinely anonymous cryptocurrency with no individual or individuals having control over the entity!”

https://cointelegraph.com/news/steven-seagal-and-bitcoiin-founders-leave-project-as-ico-ends

Last week, the relatively low volatility in the cryptocurrency market came to an end. Just about all cryptocurrencies dumped together with sharp declines, triggering renewed fear among traders and investors. As always, a bottom - at least temporarily - was eventually found, leading to bounces across the board.

On the other hand, global equity markets were relatively stable and mostly holding above the support, following sharp drops in previous weeks. In most cases, major stock markets continue to evolve a potential bottom other than India, which as of last week has fallen through key support levels.

https://cointelegraph.com/news/cryptocurrency-and-equity-markets-weekly-performance-review

Would-be investors in Telegram's multibillion-dollar initial coin offering (ICO) have quickly become a favorite  target for scammers.

CoinDesk has identified as many as nine more websites claiming to sell the Telegram token after previously reporting on another fake website, which claimed to be run by the "Telegram Foundation."

Most of the sites claim that the token pre-sale will end sometime this weekend, with the price listed near $1. Notably, the first bogus website identified by CoinDesk has since been taken down.

https://www.coindesk.com/gram-scam-fake-telegram-ico-websites-just-keep-popping/

Hello dead Legendary and Moderatos of BTT
i have an questions:

Could i acting in PRESS posting like this profile

https://bitcointalk.org/index.php?action=profile;u=896499

is it normal for Rules of Forum ?

i will not ban for that ?

Chinese regulators are reportedly blocking social media accounts held by cryptocurrency exchanges that still offer services in the country.

According to a report by Caixin today, authorities have shut down some exchanges' channels on China's dominant social messaging app, WeChat.

In one example, the official account of OKEx on WeChat has been blocked, while links to all previous content are now merely showing a notification that reads:

"The platform may have violated relevant laws and regulations after being reviewed per users' complaints. The account is currently blocked and content is not available."

https://www.coindesk.com/caixin-china-now-blocking-crypto-exchanges-on-social-media/

Bitcoin mania is cooling off, and with it, changes are happening in its global market.

Indeed, the price furor that began in early November when talk that bitcoin futures listings would go live in the U.S. triggered a wave of speculation - bitcoin, which traded at $6,500 on Nov. 1, rose as high as $20,000 by mid-December - has all but faded. But while bitcoin has largely been stuck trading sideways, global volumes remain elevated, showing interest has remained strong.

CoinDesk data reveals average daily trading volumes in February were up nearly 80 percent from November, rising to $8.2 billion, up from nearly $4.7 billion in November. (Month-over-month, volumes were down 40 percent from $13.4 billion in January.)

https://www.coindesk.com/bitcoin-price-kimchi-premium-eroding/

With Australia set to introduce new legislation that will empower authorities to monitor and regulate the activities of cryptocurrency traders, many analysts are anticipating that the country’s bitcoin investors will face a crackdown from the the country’s tax office.

Australia to Expand Regulatory Domain Over Cryptocurrency Traders

“The Anti-Money Laundering Counter-Terrorism Financing Act ensures that there is investor transparency through ‘know your client’ requirements. The increased transparency the law provides, combined with our data-matching techniques and a range of existing powers which address unexplained wealth, strengthen the ATO’s ability to tax cryptocurrency profits.”

https://news.bitcoin.com/aussie-crypto-traders-expect-tax-crackdown-ahead-of-new-regulations/