Popular internet browser Opera will become the first mainstream web interface to add native support for an ethereum wallet, the company announced on Wednesday.
Opera Adds Ethereum Wallet in Web 3.0 Push
The wallet, initially available through Opera’s Android browser and currently restricted to a private beta, aims to provide users with “friendly and seamless” access to decentralized applications (dApps) such as CryptoKitties and AirSwap, as well as storage for ether and ethereum-based tokens.
“We believe the web of today will be the interface to the decentralized web of tomorrow,” Opera said in a statement. “We think that with a built-in crypto wallet, the browser has the potential to renew and extend its important role as a tool to access information, make transactions online and manage users’ online identity in a way that gives them more control.”
Privacy by Default
The company has long been a strong advocate for user privacy, even integrating a VPN into the Opera desktop browser, and it said that this commitment has extended to the development of its non-custodial cryptocurrency wallet.
“Privacy is a very important aspect for browsers in general, but even more so for crypto wallet users. Our aim was to create a user-controlled crypto wallet that provides enhanced control and security of the keys which are used to control the wallet’s funds.”
In addition to storing private keys on the device — a basic feature offered by reputable mobile wallets — Opera also asks a user’s permission before exposing wallet information to individual websites, mitigating the risk of phishing attacks and third-party tracking.
The wallet also features support for Progressive Web Apps (PWA), enabling dApp developers to create web dApps without having to embed a wallet in the app themselves or entrust the security of their users’ funds to an external wallet app.
Bitmain Acquires Controlling Stake in Opera
The timing of the release is notable, as it comes just days after public documents revealed that the world’s most valuable cryptocurrency company had purchased a major stake in Opera.
Earlier this week, CCN reported that Bitmain — which was recently valued at $12 billion — invested $50 million in Opera, obtaining a controlling stake in the company which is expected to raise $115 million through its own public offering.
The news had sparked much speculation about Bitmain’s plans for the browser, including whether the China-based firm — which is best known for its production of cryptocurrency mining hardware and mining pool operation — would roll out support for in-browser mining.
That particular feature has not yet been announced, but today’s announcement suggests that, with Bitmain at the helm, Opera could play a major role in helping bring cryptocurrency into the mainstream.
Bitcoin price prediction: BTC/USD stuck between strong levels of support and resistance – Confluence Detector
- BTC/USD went down slightly from $8,811.45 to $8,750.50 this Wednesday.
- BTC/USD has three healthy resistance levels on the upside at $8,800, $8,990 and $9,000.
After suffering a slightly bearish Wednesday, wherein it fell from $8,811.45 to $8,750.50, BTC/USD has had a bullish start to this Thursday and is currently priced at $8,768.85. Since the price is sandwiched between strong resistance and support levels, further growth might be hampered. On the upside, there are three healthy resistance levels at $8,800, $8,990 and $9,000. While on the downside, healthy support levels lie at $8,755 and $8,530.
BTC/USD Confluence Detector
Looking at the resistance levels – $8.800 has the one-hour Previous High, 4-hour Bollinger Band middle curve, 15-min Bollinger Band upper curve, one-hour Bollinger Band upper curve, one-day Fibonacci 61.8% retracement level and 100-day Simple Moving Average (SMA 100), while $8,990 has no confluence detected. $9,000 has the 4-hour Bollinger Band upper curve and SMA 10.
On the downside, $8,755 has the SMA 5, SMA 10, SMA 50, SMA 100, SMA 200 and one-hour Bollinger Band middle curve. Finally, $8,530 has the one-month Fibonacci 61.8 retracement level.
Bitcoin to soon be accepted at 65,000 Swiss Retailers
- 65,000 Swiss Retailers will be able to soon start accepting Bitcoin.
- The new development comes on the back of a partnership between Bitcoin Suisse and Worldline.
It is reported that a new system will be available for the 65,000 Swiss merchants currently using Wordline’s nationwide payments infrastructure, dubbed SIX Payment Services.
65,000 Swiss retailers will shortly be able to start accepting Bitcoin as a means of payment. It comes following a partnership announcement between the Swiss broker Bitcoin Suisse and the European payment and transaction services provider Worldline.
It is reported that local publication Switzerland Global Enterprise has announced that both companies have signed a letter of intent. It covers ground that they promise to offer Swiss traders and consumers the possibility of paying with BTC. In terms of the partnership, it will be allowing the country’s 65,000 retailers who already use Wordline’s infrastructure to accept Bitcoin payments.
Bitcoin technical analysis: BTC/USD price is consolidating outside of bullish flag
- 2Bitcoin price is trading in positive territory, up some 0.50% in the second half of the session.
- BTC/USD price action is within consolidation mode, failing to attract commitment.
- The bulls must again breakdown and hold above the $9000 price mark for greater upside.
BTC/USD weekly chart
The price is sitting just on top of a breached weekly flag structure.
BTC/USD daily chart
Daily price action is also moving within a bullish flag, subject to a potential breakout higher.
Spot rate: 8,771.49
Relative change: +0.50%