Posts

Showing posts from September, 2018

Bitcoin Price Makes Second Straight Monthly Loss in September

❏ Bitcoin is reporting losses for a second straight month, but there are hints of a bullish breakout ahead in the fourth quarter. ❏ CoinDesk

Bitcoin Fraudsters Misled Investors and Impersonated Regulators, CFTC Alleges

❏ The CFTC has filed charges against two individuals for allegedly impersonating the regulator in an effort to defraud bitcoin investors. ❏ CoinDesk

Samourai Wallet Stops Showing Fiat Value of Bitcoin Balances

❏ The Samourai Wallet is dropping fiat values from its platform, and will only display bitcoin balances in BTC or satoshis going forward. ❏ CoinDesk

The $1 Trillion Wallet: BitGo's Big Plan to Secure the Biggest Bitcoin Fortunes

❏ Blockchain security startup BitGo is gearing up to safeguard once-unthinkable sums of digital assets as it looks towards a tokenized future. ❏ CoinDesk

Bitcoin Breakout Elusive As Price Retreats from One-Week Highs

❏ Bitcoin missed a bull breakout by a whisker, as prices backed off from a six-day high of $6,826 hit earlier today. ❏ CoinDesk

History Repeating? Why Ether's Price Just Might Have Bottomed Out

❏ Ether's BTC pair is forming a market structure similar to its bottom in December of 2017, so we explore the possibility if history repeating itself. ❏ CoinDesk

SEC, CFTC Charge Bitcoin Futures Firm 1Broker With Securities Law Violations

❏ The SEC and CFTC are suing bitcoin derivatives trader 1pool and CEO Patrick Brunner for violating federal law with a security swap scheme. ❏ CoinDesk

US Judge Sides With CFTC in Fraud Case, Ruling Cryptos Are Commodities

❏ A U.S. judge has sided with the Commodity and Futures Trading Commission in a cryptocurrency fraud lawsuit, ruling bitcoin is a commodity. ❏ CoinDesk

$6.3K: Bitcoin Sell-Off Could Resume Should Key Support Break

❏ Bitcoin is still being squeezed into a tightening range, with support at $6,300 being a key level for the bulls to defend. ❏ CoinDesk

Bitmain By the Numbers: An Inside Look at a Bitcoin Mining Empire

❏ For the first time, the crypto community is getting a close look at Bitmain's financials. ❏ CoinDesk

VanEck and SolidX Unfazed By the SEC's Latest Bitcoin ETF Delay

❏ The U.S. Securities and Exchange Commission recently moved to delay their decision over yet another bitcoin exchange traded fund proposal. ❏ CoinDesk

Bitcoin Mining Giant Bitmain Just Officially Filed for Its IPO

❏ Bitmain, the Beijing-based bitcoin mining giant, has officially filed an application, seeking to go public in the Hong Kong Stock Exchange (HKEX).  ❏ CoinDesk

Bitcoin Price Volatility Hits Lowest Level In Nearly 2 Years

❏ Bitcoin price volatility, as indicated by Bollinger band width, has hit the lowest level since December 2016. ❏ CoinDesk

Bitcoin Just Took a Step Toward Becoming a 'Multi-Network' Cryptocurrency

❏ A long-in-the-works proposal heralded as the best way to bring sidechains to bitcoin has released its first code after three years in development. ❏ CoinDesk

Mt Gox Trustee Has Sold $230 Million in Bitcoin, Bitcoin Cash Since March

❏ The Japanese trustee for Mt. Gox has sold cryptos worth $230 million since March as part of the collapsed exchange's bankruptcy proceedings. ❏ CoinDesk

Bearish Cross Hints at More Losses Ahead for Bitcoin Price

❏ A bearish crossover between key moving averages on the monthly chart indicates scope for a deeper drop in bitcoin. ❏ CoinDesk

In Wake of 'Major Failure,' Bitcoin Code Review Comes Under Scrutiny

❏ In the wake of a severe code vulnerability, bitcoin developers are asking if current code review processes are enough to prevent further failures. ❏ CoinDesk

Regulation News Moves Bitcoin Prices, BIS Report Says

❏ A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation. ❏ CoinDesk

HODL No More? The Amount of Bitcoin in Active Wallets Is Near Record Highs

❏ An increasing amount of bitcoin is held by active individual users, suggesting the market is ripe for transactional growth, according to Chainalysis. ❏ CoinDesk

$6.9K Is the New Price to Watch for Bitcoin Bulls

❏ Bitcoin's narrowing price range means a bull breakout could occur if prices beat key resistance at $6,970. ❏ CoinDesk

Regulators Are Landing Punches, But There's a Long Crypto Fight Ahead

❏ From ShapeShift's capitulation to KYC to the New York Attorney General's critical look at exchanges, officialdom is striking heavy blows. Stay tuned. ❏ CoinDesk

When Blockchains Go Down: Why Crypto Outages Are on the Rise

❏ It used to be that downtime was unheard of on blockchain networks. As new protocols and new trade-offs emerge, that's no longer the case. ❏ CoinDesk

Crypto Trading 101: The Moving Average Convergence Divergence

❏ The MACD is one of the most widely used indicators for gauging trend strength and momentum. Best of all, it's also one of the easiest to master. ❏ CoinDesk

The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret

❏ This week's major bitcoin bug was even worse than developers led on – it could have been used to effectively print more bitcoin. ❏ CoinDesk

Novogratz Says Crypto Market Showing 'Classic Bottom'

❏ Michael Novogratz, the founder of the cryptocurrency asset management firm Galaxy Digital, believes the market has hit a bottom. ❏ CoinDesk

Bitmain CEO Announces New 7nm Bitcoin Mining Chip

❏ Bitman has launched a new 7nm ASIC processor that it says will soon be powering a new range of its Antminer mining machines. ❏ CoinDesk

Tether's Impact on Bitcoin Price Not 'Statistically Significant,' Study Finds

❏ Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found. ❏ CoinDesk

$6,700: Bitcoin Price Charts Bullish Reversal as Altcoins Surge

❏ BTC has bounced back into bullish territory over $6,700 amid increased investor interest in altcoins. ❏ CoinDesk

California Bans Bitcoin Donations in Political Campaigns

❏ Candidates for public office in California may not receive donations in cryptocurrency, the state's political watchdog has ruled. ❏ CoinDesk

SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal

❏ The U.S. Securities and Exchange Commission (SEC) is now weighing whether to approve the nation's first bitcoin-based exchange-traded fund. ❏ CoinDesk

Quick Brew? BitFury's Coffee Machine Accepts Bitcoin Via Lightning Network

❏ A Bitfury-led engineering team has created a coffee vending machine capable of accepting bitcoin payments through the Lightning Network. ❏ CoinDesk

Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

❏ Executives from several bitcoin mining firms have said at Consensus Singapore that they are not concerned by current low crypto prices. ❏ CoinDesk

Bitfury Reveals New Generation of Bitcoin ASIC Chips

❏ Bitfury Group unveiled a new generation of bitcoin mining ASICs on Wednesday, boasting greater efficiencies than previous models. ❏ CoinDesk

One of Investors' Favorite Governance Blockchains Is Handing Over $20 Million

❏ Investors are looking forward to Decred's new approach to blockchain governance – in part, because its devs are opening up $20 million in tokens. ❏ CoinDesk

Bitcoin Price Sees High-Volume Recovery From Five-Week Lows

❏ Bitcoin's rebound from the five-week low of $6,100 has saved the day for the bulls and kept range-bound trading conditions intact. ❏ CoinDesk

Leading Bitcoin Cash Developer Says Future Fork Unlikely

❏ Cryptocurrency forks may slow down in the future, as argued by leaders of several crypto hard fork projects at the CoinDesk Consensus Singapore event. ❏ CoinDesk

Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft

❏ Yet another Japan-based cryptocurrency exchange has been hacked, losing about $60 million worth of cryptocurrency, including 6,000 bitcoins. ❏ CoinDesk

Bitcoin's Price Swings to Nearly $6,500 in Volatile Trading Hour

❏ Bitcoin's volatility was on full display Wednesday when its price swung in a dramatic fashion. ❏ CoinDesk

Bitcoin Core Developers Move to Fix Denial-of-Service Software Bug

❏ An abnormally severe bug has been discovered in bitcoin's software, with possible ramifications for lightning users. ❏ CoinDesk

R3's Hearn and Brown Say Enterprise Blockchain's Day of Reckoning Is Here

❏ Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close. ❏ CoinDesk

Bitcoin Price Lacks Direction After Defense of $6,200

❏ Bitcoin has again entered range-bound trading following a defense of $6,200 yesterday. ❏ CoinDesk

Don't Blame Bitcoin Futures for Bear Market, CME Exec Says

❏ Tim McCourt, managing director of CME Group, has said that bitcoin futures are not to be blamed for the slump in the crypto market this year. ❏ CoinDesk

Trading Legend Don Wilson: Asian Demand High for Bitcoin Futures

❏ Don Wilson, founder of DRW, the Chicago-based high-speed trading firm, discusses his history with cryoto assets and the trends he's seeing in Asia. ❏ CoinDesk

High Times Quietly Removes Crypto Payment Option From IPO Website

❏ High Times has removed bitcoin as a payment option for its IPO, just days after admitting it was accepting the cryptocurrency. ❏ CoinDesk

Bitcoin Price Outlook Worsens After Drop to Five-Day Lows

❏ Bitcoin's drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000. ❏ CoinDesk

Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict

❏ For a small community of users in the occupied territories, bitcoin has become an economic lifeline to the outside world. But it can do only so much. ❏ CoinDesk

Ether Just Erased Half of Last Week's 35% Rally

❏ The world's second-largest cryptocurrency, ether (ETH), erased half of last week's rally today amid a broader market sell-off. ❏ CoinDesk

$6,550: Bitcoin Charts Suggest New Target for Price Rally

❏ Bitcoin's corrective rally seems to have stalled around $6,550, making it a key level to beat for the bulls. ❏ CoinDesk

Bitcoin Price Takes a $200 Tumble After Eight-Day Highs

❏ Despite a $200 pullback from eight-day highs today, bitcoin's recovery looks intact on technical charts. ❏ CoinDesk

Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle

❏ The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency. ❏ CoinDesk

Back Over $200 Billion: 3 Reasons Crypto Prices Could Be Heading Higher

❏ The cryptocurrency markets are rallying today with ether leading the pack. But will it last? Three signs give reasons for investors to be hopeful. ❏ CoinDesk

Bitcoin Price Looks North After Passing $6.4K Resistance

❏ Having found acceptance above the key hurdle of $6,400, bitcoin's corrective rally looks to be gathering pace. ❏ CoinDesk

Mt Gox's Corporate Creditors Can Now File Claims for Bitcoin Refunds

❏ Corporate creditors of the long-defunct bitcoin exchange Mt. Gox can now enter online claims for refunds of trapped bitcoin assets. ❏ CoinDesk

10 Years After Lehman: Bitcoin and Wall Street Are Closer Than Ever

❏ Bitcoin, born into the flames of the credit crisis, seemed like a rebellion against a broken financial system. Ten years later, is that still true? ❏ CoinDesk

Bitcoin Price Charts Hint at Recovery Rally Above $6.4K

❏ Bitcoin could be in for a decent corrective rally if prices find acceptance above the key resistance of $6,400. ❏ CoinDesk

Is Bitcoin Charting a 2015-Style Price Bottom?

❏ Bitcoin's price decline this year looks eerily similar to a long-term bottom seen in 2015, chart analysis reveals. ❏ CoinDesk

OKCoin's Star Xu Questioned as Police Investigate Bitcoin Futures Allegations

❏ OKCoin's founder Star Xu wasn't arrested, but was assisting police in Shanghai over a bitcoin futures dispute, reports clarify. ❏ CoinDesk

Inside Bitewei: The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival

❏ A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto's most lucrative sector. ❏ CoinDesk

Bitcoin Price Awaits Next Move as Trading Range Narrows

❏ Bitcoin (BTC) is being squeezed into a tight trading range with neither bulls nor bears currently having the upper hand. ❏ CoinDesk

Back Below $200 Billion: Crypto Market Cap Sinks to 10-Month Low

❏ The sell-off in bitcoin and the resulting risk aversion pushed the cryptomarket to the lowest level since November 2. ❏ CoinDesk

Bitcoin Retains Bear Bias Despite Recovery From 25-Day Low

❏ Bitcoin's recovery from 25-day lows near $6,100 is likely a "dead cat bounce" rather than a bullish reversal, charts suggest. ❏ CoinDesk

Can Bitcoin Save Argentina?

❏ A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits. ❏ CoinDesk

SEC Suspends Exchange-Traded Bitcoin and Ether Investment Vehicles

❏ A highly touted investment instrument that sought to appeal to U.S. investors looking for cryptocurrency exposure has just seen a setback. ❏ CoinDesk

Crypto Trading 101: The Moving Average Crossover

❏ Moving average crossovers, one of the simplest traders' tools, are best suited to trend following and momentum trading. ❏ CoinDesk

This Tech Lets You Send Any Cryptocurrency to the Lightning Network

❏ A new type of lightning tech for swapping different types of transactions is seeing new tests with real money on the line. ❏ CoinDesk

$6K Ahead? Bitcoin Price Plunges After Brief Recovery

❏ Bitcoin's short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000. ❏ CoinDesk

Payments Startup Wyre Acquires Bitcoin Smart Contract Developer

❏ E-payment startup Wyre has acquired bitcoin smart contract developer Hedgy to broaden the scope of its offerings. ❏ CoinDesk

Survey: Nearly 80% of Americans Have Heard of Bitcoin

❏ A YouGov survey of roughly 1,200 Americans found that 48 percent of millennials are interested in using cryptocurrencies as a primary form of payment. ❏ CoinDesk

Iran's Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

❏ The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges. ❏ CoinDesk

Bitcoin's Double-Digit Drop Negates Long-Term Bull Market

❏ Bitcoin's 13 percent slide in the last 24 hours has neutralized the long-term bullish reversal suggested on the technical charts earlier this week. ❏ CoinDesk

High Times Now Says It's Accepting Crypto Payments For Its IPO

❏ Despite previously telling the SEC it would not accept cryptocurrencies, High Times is accepting both bitcoin and ethereum for its IPO. ❏ CoinDesk

Bull Trap? Bitcoin Price Slides Below $7K Despite Strong Indicators

❏ Bitcoin is reporting losses a day after a bull breakout – a move that looks similar to a bull trap seen in July. ❏ CoinDesk

Bitcoin Indicator Turns Bullish for First Time in 8 Months

❏ Bitcoin's weekly MACD indicator has risen above zero for the first time since January, confirming a long-term bearish-to-bullish trend change. ❏ CoinDesk

Bitcoin Price Faces Minor Drop as Bulls Run Out of Steam

❏ Bitcoin could be in for a minor price pullback as the short-duration charts are flashing signs of bullish exhaustion. ❏ CoinDesk

Bitcoin's Next Big Software Upgrade to Feature New Language for Crypto Keys

❏ A new version of Bitcoin Core is coming, including a new key language and more. CoinDesk assembles the earliest and most interesting details. ❏ CoinDesk