Bitcoin May Fall Under $3k, Pompliano Believes

Founder of Morgan Creek Digital Assets had already made few successful predictions
27 December 2018   535

Bitcoin can wait for a further decline, despite a jump in its price above $ 4,000 last week, said the founder of Morgan Creek Digital Assets and famous commentator Anthony Pompliano in a conversation with CNBC.

I think that in the short term there is an opportunity for further reductions, he said.

In November, Pompliano predicted that Bitcoin would drop to $ 3,000, which happened shortly after that. Since then, the largest cryptocurrency managed to rise above $ 4,200, but fell below $ 3,800 at the time of publication.

Answering a question about the correlation of the cryptocurrency market with the traditional or FAANG shares (Facebook, Apple, Amazon, Netflix and Google), also rushing down in recent months, Pompiano said that he does not see the relationship.

Antony definitely agree that the fall in the stock market carries with it a psychological component, noting that the dependence of Bitcoin on the securities market was close to zero. In November, Pompiano predicted a massive closure of cryptocurrency funds.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   150

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.