Bitcoin sees muted action, consolidates after drop under key, long-term trend line

A single bitcoin last traded at $ 8,847.25, down 2.5%, since Wednesday levels at 5 p.m. Eastern Time on Kraken. Despite the decline Wednesday, industry participants remain upbeat, with the price of bitcoin still 30% off its April low. “Overall things remain positive,” said Charles Hayter, co-founder of …
Google Alert – bitcoin

Markets Update: Bears Return to Crypto Markets for Some Action (news.bitcoin.com)

On April 25 digital assets are seeing volatile price declines today across cryptocurrency markets worldwide. Over the past 24-hours, the entire cryptocurrency market capitalization has lost more than $ 30Bn since our last markets update. Bitcoin Core (BTC) market prices are averaging $ 8,920 right now after tumbling to the $ 8,700 territories earlier today. Bitcoin (BCH) market values have also dropped from their $ 1,550 high and currently hover around the $ 1,270 zone.
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Class Action Complaint Accuses Coinbase of ‘Insider Trading’ (news.bitcoin.com)

A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December. The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved.
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Coinbase Hit with 2 Class Action Lawsuits: Accused of Insider Bitcoin Cash Trading

Bitcoin exchange Coinbase was hammered with two federal class action lawsuits in two days, with one accusing employees of insider trading of Bitcoin Cash (BCH). In the first lawsuit, the plaintiffs claim Coinbase executives illegally profited by trading on non-public information that the exchange had …
Google Alert – bitcoin

Day 2: I will repost this guide daily until available solutions like Segwit & order batching are adopted, the mempool is empty once again, and transaction fees are low. You can help. Take action today

Subhan Nadeem has pointed out that:

If every transaction in the Bitcoin network was a SegWit transaction today, blocks would contain up to 8,000 transactions, and the 138,000 unconfirmed transaction backlog would disappear instantly. Transaction fees would be almost non-existent once again.

A few thousand bitcoin users from /r/Bitcoin switching to making their next transactions Segwit transactions will help take pressure off the network now, and together we can encourage exchanges/wallets to rapidly deploy Segwit for everyone ASAP. Let's make it happen.

Exchanges: Find out if your exchange has deployed Segwit already. If not, politely request that they do so within 30-days or they will lose your business. Sign-up for an account with a Segwit deployed/ready exchange now

  • Bitfinex
  • Bitonic
  • Bitstamp (deployed)
  • Gemini
  • LocalBitcoins
  • Shapeshift
  • HitBTC

Full list: https://bitcoincore.org/en/segwit_adoption/


Wallets: Make sure you have a Segwit capable wallet installed and ready to use for your next bitcoin transaction

Hardware Wallets:

  • Ledger Nano S
  • TREZOR

Desktop Wallets

  • Electrum
  • Armory

iOS Wallets:

  • Edge (AirBitz rebranded)
  • GreenAddress

Android Wallets

  • Samourai Wallet
  • GreenBits
  • Electrum

FAQs

If I'm a HODLer, will it help to send my BTC to a Segwit address now?

  • No, just get ready now so that your NEXT transaction will be to a Segwit wallet.

Can you please tell me how to move my bitcoins to segwit address in Bitcoin core wallet? Does the sender or receiver matter?

  • The Bitcoin core wallet does not yet have a GUI for its Segwit functionality. Download Electrum v3.0.3 to generate a Segwit address.

    via HowToToken.com:

    A transaction between two SegWit addresses is a SegWit transaction.

    A transaction sent from a SegWit address to a non-SegWit address is a SegWit transaction.

    A transaction sent from a non-SegWit address to a SegWit address is NOT a SegWit transaction. You can send a Segwit Tx if the sending address is a Segwit address.

Is there a hardware wallet that does segwit addresses?

  • Yes, Trezor supports Segwit by default. Ledger Nano also has support.

What wallet are you using to "batch your sends"? And how can I do that?

  • Using Electrum, the "Tools" menu option: "Pay to many".

    Just enter your receive addresses and the amounts for each, and you can send multiple transactions for nearly the price of one.


Segwit blog guides


Previous Day's Threads

Edit: added FAQ's to the list, corrections

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