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Showing posts from July, 2018

Bitcoin Price Hits One-Week Low In Drop Below $8K

❏ The price of bitcoin fell below $8,000 for the fourth time in seven days as the cryptocurrency's value sank to its lowest level since July 23rd. ❏ CoinDesk

Bitcoin's Price Moves Below $8K as Bull Case Weakens

❏ Bitcoin's price faces the risk of a deeper drop as an extended period of low volatility action has ended up making way for a downside move. ❏ CoinDesk

Bitcoin's Second-Ever Developer Is Back (With a Big Vision for Crypto)

❏ The first developer to code alongside Satoshi couldn't stay away from crypto for long. He's now helping to launch a new token. ❏ CoinDesk

Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'

❏ Three-quarters of U.S. investors think bitcoin is too risky to invest in, a new poll by Gallup and Wells Fargo showed Monday. ❏ CoinDesk

Bitcoin's Price Needs Move Above $8,350 to Regain Bull Bias

❏ Bitcoin bulls could make a strong comeback if prices find acceptance above the key resistance at $8,300. ❏ CoinDesk

Blockstack's First Business App Wants to Help Employees Earn More Crypto

❏ Misthos' new multi-signature bitcoin wallet for businesses aims to empower workers and democratize the setting of wages. ❏ CoinDesk

Rejection Aside, Calls for a Bitcoin ETF Are Only Escalating

❏ Despite the rejection of a bid for a bitcoin ETF, the crypto market remains confident other proposals will persevere. ❏ CoinDesk

10,000%: Pantera Reports Massive 5-Year Crypto Investment Return

❏ Pantera Capital announced it had seen a lifetime return of more than 10,000 percent in its first five years. ❏ CoinDesk

What Volatility? How Facebook's Historic Loss Became Crypto's Gain

❏ Facebook had a bad day in the market this week – and the crypto community quickly pounced. ❏ CoinDesk

Bitcoin Retains Bull Bias Despite Price Drop to Below $8K

❏ The bitcoin charts retain a bullish bias today, despite a pullback in prices to a three-day low of $7,848. ❏ CoinDesk

No, Crypto Isn't Just for Libertarians Anymore

❏ The crypto community is more ideologically diverse than you might think, according to survey results in CoinDesk's Q2 2018 State of Blockchain report. ❏ CoinDesk

Winklevoss Brothers Bitcoin ETF Rejected By SEC for Second Time

❏ The U.S. Securities and Exchange Commission (SEC) has once again rejected an effort by investors Cameron and Tyler Winklevoss to list a bitcoin ETF. ❏ CoinDesk

Court Sentences Bitcoin Ransomware Creators to Community Service

❏ The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday. ❏ CoinDesk

Bitcoin's Cutting-Edge 'Coin Selection' Tech Gets First Major Integration

❏ BitGo is taking advantage of a long-promised scaling tech that should see user's transaction fees slashed by up to one-third. ❏ CoinDesk

Up 45%: Is Bitcoin's Price Preparing for a Long-Term Bull Market?

❏ Bitcoin's price has rallied 45 percent in the last four weeks, setting the stage for a long-term bull market, according to technical charts. ❏ CoinDesk

Reflections on a Swatting: Inside One Bitcoin Engineer's Security Battle

❏ Bitcoin developer and Casa wallet engineer Jameson Lopp recounts his 2017 swatting, and his fight to find his harasser. ❏ CoinDesk

Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

❏ An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday. ❏ CoinDesk

Bitcoin Price Awaits Possible Spoiler Ahead of July Futures Close

❏ Bitcoin has historically performed poorly leading up to CME futures expiry, a correlation traders might not want to ignore. ❏ CoinDesk

Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K

❏ Bitcoin price pullback could find bargain hunters at key support levels. ❏ CoinDesk

Investment Startup Bitwise Proposes ETF for Top 10 Cryptos

❏ Crypto investment startup Bitwise announced it filed to offer a cryptocurrency exchange-traded fund (ETF) Tuesday.  ❏ CoinDesk

Bitcoin's Price Is Nearing $10K On a Single, Troubled Exchange

❏ Crypto exchange WEX continues to see prices well out of step with the rest of the market amid the continuation of a near-total freeze on withdrawals. ❏ CoinDesk

SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September

❏ The SEC has delayed a decision on whether to approve five bitcoin-related ETFs, public documents reveal. ❏ CoinDesk

Meet Honeyminer: The App That Lets You Earn Bitcoin With a Laptop Again

❏ Honeyminer's downloadable app isn't the most profitable way to mine cryptocurrency, but it may be one of the easiest methods to date. ❏ CoinDesk

Indicator Suggests Bitcoin's $8K Rally Is Overstretched

❏ Bitcoin bulls could have a breather after 40 percent month-on-month rally. ❏ CoinDesk

Bitcoin Price Climbs Back Above $8k to Reach 60-Day High

❏ Bitcoin's price jumped by $200 within two hours on Wednesday and passed $8,000 for the first time in two months, data shows. ❏ CoinDesk

A New Bitcoin Wallet Fulfills an Old Privacy Promise

❏ These cypherpunk crypto wallet projects want to bring fungibility to bitcoin. ❏ CoinDesk

Crypto Stock Exchange Operator Pleads Guilty to Fraud

❏ Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has plead guilty to securities fraud and obstruction of justice charges. ❏ CoinDesk

Crypto Really (Really) Wants a Bitcoin ETF

❏ The crypto universe has spoken. They want an SEC-approved bitcoin ETF and they want it now. ❏ CoinDesk

Chinese Region to Shut Down 'Illegal' Bitcoin Miners By September

❏ China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.  ❏ CoinDesk

Bitcoin Price Hits Two-Month High as Dominance Rate Spikes

❏ Bitcoin's rally to two-month highs has more substance than initially thought, the BTC dominance rate indicates. ❏ CoinDesk

Bitcoin's Price Sets Sights on $8K After Sunday Sell-off

❏ Bitcoin continues to hold ground amid market sell-off with growing momentum to take out its next target of $8,000. ❏ CoinDesk

Crypto Trading 101: Stochastic Oscillators and Price Momentum

❏ A leading indicator, the stochastic oscillator can help inform traders of when to enter or exit a market – even in the volatile world of crypto. ❏ CoinDesk

China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

❏ Bitcoin is flowing out of China, into California mansions – and changing global real estate patterns. ❏ CoinDesk

Crypto Trading 101: Bull and Bear Flags (And What They Mean for Price)

❏ When it comes to making big money in trading, the trend is your friend. But spotting the trend early is challenging. That's where flags can help. ❏ CoinDesk

$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls

❏ A break could be imminent as bitcoin has been consolidating for three days. But while the charts say bullish, plenty of resistance awaits. ❏ CoinDesk

BitFunder Operator 'Close to' Plea Bargain in SEC Fraud Case

❏ The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC. ❏ CoinDesk

Bitcoin's Biggest Startups Are Backing a New Effort to Keep Fees Low

❏ A project called Bitcoin OpTech is launching to ensure companies like Coinbase and Square know the best technologies out there to reduce user fees. ❏ CoinDesk

Police Force Confiscates 295 Bitcoins from Criminal in UK First

❏ A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case. ❏ CoinDesk

Bitcoin Price Prepares to Test $8K After Bull Breather

❏ Bitcoin's price pullback is seen yielding a more sustainable rally to $8,000, according to technical studies. ❏ CoinDesk

Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

❏ Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000. ❏ CoinDesk

Bitcoin Trading Volume Is Up 100% From Its Recent Low

❏ Bulls are back with a vengeance as shown by a 100 percent increase in trading volume from just four days ago. ❏ CoinDesk

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

❏ Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce. ❏ CoinDesk

Bitcoin Price Risks Pullback Before Testing $8K Again

❏ Bitcoin could witness a minor technical correction before rising to the $8,000 mark. ❏ CoinDesk

Bitcoin Mining Firms Make Chinese Unicorns List for First Time

❏ For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion. ❏ CoinDesk

3 Signs Bitcoin's Move Above $7K Might Just Hold

❏ Bitcoin is on the rebound entering Wednesday, and three trading indicators suggest the charts are changing in the crypto asset's favor. ❏ CoinDesk

Above $7K: Bitcoin's Price Shot Up $600 in 30 Minutes

❏ Bitcoin's price shot well above $7,000 Tuesday in a dramatic move. ❏ CoinDesk

Bitcoin Price Retakes Key Moving Average for First Time in Two Months

❏ BTC found acceptance above the 50-day moving average support on Monday, however, a bull reversal is still not confirmed. ❏ CoinDesk

The Kodak KashMiner's Flashy Debut Ends In Failure

❏ The much-publicized partnership that would have resulted in digital media brand Kodak's name appearing on a series of bitcoin miners is no more. ❏ CoinDesk

Bitcoin's Road Back to $7K (And the Chart Hurdles In the Way)

❏ Bitcoin is inching its way closer to the $7000 dollar range, but there are key technical hurdles in its way to greener pastures. ❏ CoinDesk

Court Approves Alleged Bitcoin Money Launder's Extradition to France

❏ In a legal tug-of-war between France, Russia and the U.S., Greek courts have ruled in France's favour to take over custody of Alexander Vinnik. ❏ CoinDesk

Peter Thiel, Bitmain Co-Founder Invest in EOS Developer Block.one

❏ In a fresh round of funding, Block.one has added to its line-up of major investors PayPal co-founder Peter Thiel and bitcoin mining giant Bitmain. ❏ CoinDesk

Report: World's Biggest Asset Manager BlackRock Exploring Bitcoin

❏ Global investment management company BlackRock may be mulling a move into bitcoin futures, according to a report. ❏ CoinDesk

Bitcoin Struggles for Gains as Volume Hits 36-Week Low

❏ The lowest trading volume since November 2017 is slowing up bitcoin's price recovery. ❏ CoinDesk

Schnorr Is Looking Poised to Become Bitcoin's Biggest Change Since SegWit

❏ Highly-respected bitcoin developer Pieter Wuille unveiled a draft document outlining the technical makeup of bitcoin's likely next major upgrade. ❏ CoinDesk

A US Election Probe Implicated Bitcoin – And the Reaction Was Swift

❏ The revelation bitcoin may have played a role in one of the biggest U.S. elections scandals has crypto supporters and mainstream pundits talking. ❏ CoinDesk

Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations

❏ Twelve Russian officials indicted for hacking into Democratic National Committee email accounts allegedly used cryptocurrencies, the DOJ announced. ❏ CoinDesk

Bitcoin Again Shows Green Shoots After $6K Defense

❏ Bitcoin (BTC) could soon test $6,400, having seen a high-volume reversal from the two-week lows hit yesterday. ❏ CoinDesk

Bitcoin Price Defends $6K As Upside Potential Builds

❏ A charting pattern suggests the bitcoin price might be able to successfully defend $6,000, despite a tug-of-wars between bulls and bears of late. ❏ CoinDesk

Litecoin, Bitcoin Cash Are Latest Crypto Additions to Robinhood Investing App

❏ U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to its trading service. ❏ CoinDesk

Bitcoin Bull Move on Hold as Downside Risks Grow

❏ Bitcoin risks falling below $6,000, the bearish continuation pattern seen no the hourly chart indicates. ❏ CoinDesk

Code Is Speech: Amir Taaki on Crypto's Debt to Phil Zimmerman

❏ Fresh from meeting legendary cryptographer Phil Zimmermann, hacktivist and early bitcoin adopter Amir Taaki reflects on the PGP inventor's legacy. ❏ CoinDesk

85% Of Canadians Are 'Aware' Of Bitcoin, Says Bank of Canada

❏ The results of a nationwide bitcoin survey conducted December by the Bank of Canada are now in. ❏ CoinDesk

Bitcoin Price Spikes to Nearly $9K on Little-Known Crypto Exchange

❏ Crypto exchange WEX – formerly known as BTC-e – saw its BTC/USD market spike to nearly $9,000 on Wednesday. ❏ CoinDesk

Bitcoin's Price May Be Charting a Bull Reversal

❏ All is not lost for the bulls as BTC could create a major bullish reversal pattern over the next few days. ❏ CoinDesk

LocalBitcoins Trader 'Bitcoin Maven' Sentenced to Year in Prison

❏ A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison. ❏ CoinDesk

100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free

❏ CoinGate is making Lightning payments accessible for mainstream merchants and reaping research in return. ❏ CoinDesk

Bitcoin Bull Bias Fades as Price Drops Below $6.5K

❏ A daily close (as per UTC) below 10-day moving average would abort bitcoin's short-term bullish view. ❏ CoinDesk

BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

❏ Bitcoin veterans are jumping into the token economy with new licenses and custody options. ❏ CoinDesk

$7K Back in Play? Price Indicators Shift In Bitcoin Rally's Favor

❏ It's been a standoff between the bitcoin bulls and bears over the past few days, but the bulls might getting ready to take charge. ❏ CoinDesk

Bitcoin Price Constrained Below Key Resistance at $6,800

❏ BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish. ❏ CoinDesk

What Happened When A Secret Bitcoin Key Went Public

❏ The long-awaited reveal of the private keys – once able to trigger a bitcoin alert system – occurred Monday via email by two Bitcoin Core developers. ❏ CoinDesk

Bitcoin's Price Declines Over Q2 for First Time on Record

❏ CoinDesk's looks at bitcoin's price performance over Q2 2018, finding that the crypto asset underperformed according to historical data. ❏ CoinDesk

Stuck Between Key Chart Points, Bitcoin Price Seeks Direction

❏ Bitcoin is reporting a $400 trading range and an upside breakout would signal a resumption of the rally. ❏ CoinDesk

Report: Mining Giant Bitmain Valued at $12 Billion in New Funding Round

❏ Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion.  ❏ CoinDesk

India's Ruling Party Accused of Involvement in 'Mega Bitcoin Scam'

❏ The largest political party in India is accusing the ruling Bharatiya Janta Party (BJP) of being involved in a bitcoin scam to launder money. ❏ CoinDesk

PoWx: The New Effort to Change Bitcoin (And Who's Backing It)

❏ Technologists unveiled a foundation dedicated to rewriting bitcoin's underlying tech, giving the long-controversial idea new wings. ❏ CoinDesk

The EU's Biggest ETF Firm Expands Into Crypto Products

❏ Europe's largest trader of exchange-traded funds(ETF) is entering the crypto world. ❏ CoinDesk

Bitcoin Rally Hits a Speed Breaker at $6,750

❏ Bitcoin's short-term bull market has paused at the key technical resistance of $6,750. ❏ CoinDesk

Bitcoin Still Bullish Despite Price Pullback

❏ Bitcoin retains the short-term bullish bias despite the pullback from the 11-day highs. ❏ CoinDesk

Crypto Exchanges Are Suddenly Being Censored In Iran

❏ Iranians using cryptocurrency to hedge against inflation have recently hit a roadblock, an apparent outage of domestic onramps to the market. ❏ CoinDesk

$7K Ahead? Bitcoin Charts Appear Constructive Short-Term

❏ The bullish falling channel breakout has opened the doors for a stronger rally towards the $7,000 mark. ❏ CoinDesk

Voorhees vs Schiff: Bull Meets Bear at NY Bitcoin Debate

❏ Bitcoin will eventually come to replace government-backed fiat currencies, Shapeshift CEO Erik Voorhees argued at a debate Monday. ❏ CoinDesk

Dead Cat Bounce? Bitcoin Charts Show This Rally Could Be Different

❏ Bitcoin has teased the bulls several times over the past few weeks, but the charts suggest today's rally might hold more weight. ❏ CoinDesk

Self-Proclaimed Satoshi Nakamoto Says Bitcoin Book in the Works

❏ An individual claiming to be bitcoin inventor Satoshi Nakamoto has announced they are writing a book about the cryptocurrency and its history. ❏ CoinDesk

Back Above $6K: Bitcoin's Bull Reversal Is a Work in Progress

❏ Having bounced back over the weekend, bitcoin needs to clear the falling channel resistance before claiming a short-term bullish reversal. ❏ CoinDesk

Bitcoin's Unknown 'Kings': The Magazine Mystery That's Got Crypto Guessing

❏ A recent magazine cover attracted international commentary. After all, it isn't every day that relative unknowns are touted as "Bitcoin Kings." ❏ CoinDesk