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Showing posts from October, 2018

Former Fed Chair Janet Yellen Is Now a Bitcoin Owner

❏ A member of the crypto community has gifted former Fed chair Janet Yellen some bitcoin in response to her negative comments on the cryptocurrency. ❏ CoinDesk

Planting Bitcoin Part Four: Gardening

❏ Once Satoshi's design for Bitcoin's genetic code was planted, it became time to nurture its development as a wholly new form of money. ❏ CoinDesk

The Pen Is Mightier Than the Sword? Bitcoin's White Paper Proves It

❏ The pen is mightier than the sword, or so Satoshi Nakamoto proved with bitcoin. ❏ CoinDesk

October Close May Prove Decisive for Bitcoin Price

❏ Bitcoin's monthly close today may reveal the cryptocurrency's directional bias after a long period of low volatility. ❏ CoinDesk

The Bitcoin White Paper's Birth Date Should Give Us All a Scare

❏ Knowing Satoshi, Halloween was no coincidence. ❏ CoinDesk

19 Words Prove Just How Audacious Bitcoin Really Was

❏ Getting back to basics means capturing the spirit also. ❏ CoinDesk

Former Fed Chair Janet Yellen Is 'Not A Fan' of Bitcoin

❏ Janet Yellen pointed to transaction speeds and market volatility as reasons she's not bullish on bitcoin. ❏ CoinDesk

ETH, LTC, DASH and NEO Just Erased Their 2018 Price Gains

❏ Ether, litecoin, dash and neo are now down year-over-year and trading at their lowest total in over 12 months. ❏ CoinDesk

Bitcoin Price Faces Drop to $6.1K After Range Breakdown

❏ The bear grip on bitcoin has likely strengthened following yesterday's drop to two-week lows. ❏ CoinDesk

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

❏ A bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces up to five years in prison. ❏ CoinDesk

What Bitcoin's White Paper Got Right, Wrong and What We Still Don't Know

❏ Bitcoin's white paper has its flaws, too. ❏ CoinDesk

The New Effort to Get Bitcoin's Lightning Network In Every Browser

❏ Devs are looking to make bitcoin's layer-two lightning network compatible with a payment standard used by all major browsers – and so far, so good. ❏ CoinDesk

Planting Bitcoin  Part Three: Soil

❏ The bitcoin white paper wasn't written for no one. It was a carefully targeted message designed to bootstrap growth. ❏ CoinDesk

Bitcoin Price Drops $200 to Hit Two-Week Low

❏ After nearly two weeks stagnating around $6,400, bitcoin has suddenly dropped out of a narrow trading range to hit two-week lows. ❏ CoinDesk

Bitcoin Price May Report Yearly Loss on Its 10th Birthday

❏ With bitcoin trading sideways around $6,400 for the 10th day, the cryptocurrency faces reporting a yearly loss for its 10th birthday on Wednesday. ❏ CoinDesk

Bitcoin Exchange Bitstamp Confirms Sale to Gaming Group NXC

❏ The Bitstamp cryptocurrency exchange has been acquired by NXMH, an investment firm owned by South Korean conglomerate NXC. ❏ CoinDesk

In Korea's Ruling Party, A Lawmaker Commits to Ending the ICO Ban

❏ A powerful new voice is standing up to South Korea's ICO ban. ❏ CoinDesk

Bitcoin's White Paper Was a Model T for Payments

❏ The Model T democratized the car industry – and the bitcoin white paper did the same for payments, says Ripple's top technologist, David Schwartz. ❏ CoinDesk

Three Common Mistakes New Crypto Traders Make

❏ When it comes to trading in the crypto space, there are three mistakes new traders often make. Here's how to avoid them. ❏ CoinDesk

The Double-Spend (What Bitcoin's White Paper Solved Forever)

❏ Bitcoin's white paper solving the double-spend problem in the digital world makes near real-time commerce possible across the entire planet. ❏ CoinDesk

Planting Bitcoin  Part Two: Seasons

❏ Timing is everything... even in bitcoin. ❏ CoinDesk

A New Token Is Coming To Ethereum – And It's Fully Bitcoin-Backed

❏ A new ethereum token is being created and it holds a one-to-one peg with bitcoin. ❏ CoinDesk

Bitcoin's Current Run of $100 Price Volatility is the Longest for 18 Months

❏ Bitcoin has been trading in the very narrow range of $100 for seven days – that's the longest run at such low volatility since April 2017. ❏ CoinDesk

Chinese Arbitration Court Says Bitcoin Should Be Legally Protected as Property

❏ An arbitration body in China has said bitcoin should be legally protected as a property, despite the central banks's ban on crypto trading. ❏ CoinDesk

Bitcoin's White Paper Isn't Just Words – It's a Constitution

❏ The foundation of a new and better governance? ❏ CoinDesk

Bitcoin Price Still Seeking Buyers Despite Passing Key Trendline

❏ Bitcoin has leapt the two-month falling trendline hurdle, but that still failed to put a bid under prices. ❏ CoinDesk

A Decentralized Bitcoin Exchange That's Almost Decentralized

❏ Bisq is launching a bitcoin-based token to pay code contributors and a DAO to manage payouts, all in service of further decentralizing the exchange. ❏ CoinDesk

Judge Issues Temporary Dismissal in Bitcoin Cash Lawsuit Against Coinbase

❏ A judge has dismissed a lawsuit claiming Coinbase enabled insider trading when listing BCH - but this isn't a clear-cut victory for the exchange. ❏ CoinDesk

Planting Bitcoin Part One: Species

❏ Only the strong survive and bitcoin is no exception. ❏ CoinDesk

This College Freshman Is Out to 51% Attack Your Cryptocurrency

❏ A young crypto enthusiast is 51% attacking cryptocurrencies – not to steal coins – but to show people these coins are vulnerable and over-valued. ❏ CoinDesk

There's Money Still to Win in the 310 Bitcoin Challenge

❏ There's still 0.31 BTC left to win in the 310 Bitcoin Challenge. Here's how players have unlocked prizes over the past few weeks. ❏ CoinDesk

Indian Police Seize ATM Run By Crypto Exchange Unocoin

❏ Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin. ❏ CoinDesk

New SEC Commissioner Briefed on Bitcoin ETF in October Meeting

❏ Representatives from VanEck, SolidX and the Cboe have met with the SEC's newest Commissioner, Elad Roisman, to discuss a bitcoin ETF proposal. ❏ CoinDesk

Bitcoin Price Stuck at $6.4K But Eyes Gains Against Altcoins

❏ Still trading in a narrow range against the dollar, bitcoin is looking strong against ether and could soon pick up the altcoin bid. ❏ CoinDesk

Elon Musk Teases Bitcoin Service in Cryptic Crypto Tweet

❏ Elon Musk mentioned bitcoin in a mysterious tweet, and it's whipping up plenty of speculation across the crypto community. ❏ CoinDesk

Payments Startup Square Is Open-Sourcing Its Bitcoin Cold Storage Solution

❏ Mobile payments startup Square has open-sourced the code and tools for its "Subzero" bitcoin cold storage system. ❏ CoinDesk

Distributed Ledgers, Not Tokens, Are the True Heirs to Satoshi's Vision

❏ What if bitcoin's white paper wasn't meant to inspire ICOs? ❏ CoinDesk

Bitcoin Futures Could Go Live on ICE's Crypto Trading Platform in December

❏ The new Bakkt exchange will list bitcoin futures in December, pending regulatory approval. ❏ CoinDesk

Bitmain's Latest Bitcoin Miner Update Activates Controversial 'AsicBoost'

❏ Bitmain has published a firmware update for its Antminer S9, using controversial "AsicBoost" code to give an efficiency hike when mining bitcoin. ❏ CoinDesk

Bitcoin Bulls Must Push Price Past $6.8K to Win Control

❏ Bitcoin's price needs to pass last week's high of $6,810 to revive the prospects of a rally. ❏ CoinDesk

Sorry, I Turned Off My Bitcoin Faucet (Because Money)

❏ At its height, 99Bitcoins' faucet was making nearly $2,000 a month, even after giving away coins. Then things got complicated. ❏ CoinDesk

Bitcoin's White Paper Gave Us Liberty – Let's Not Give It Back

❏ Charlie Shrem, one of bitcoin's earliest entrepreneurs, believes Satoshi's white paper is about more than just technology. ❏ CoinDesk

Bitcoin's Price Breaks Through Key Support As Stocks Go South

❏ Risk aversion in the US stock markets yesterday may have worked in favor of the bitcoin bears. ❏ CoinDesk

Enough with the ICO-Me-So-Horny-Get-Rich-Quick-Lambo 'Crypto'

❏ What are cypherpunk legend Timothy May's thoughts on the bitcoin white paper? Keep the text but throw out the hanger-ons that have came with it. ❏ CoinDesk

Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

❏ The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin. ❏ CoinDesk

Mt Gox's Bitcoin Creditors Have 4 Days to Submit Rehabilitation Claims

❏ Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22. ❏ CoinDesk

Bitcoin Price Eyes Triangle Breakout Above $6.4K

❏ Bitcoin is again restricted in a narrowing price range, but technical studies indicate scope for a bullish breakout. ❏ CoinDesk

How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India

❏ Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits. ❏ CoinDesk

U.S. Marshals to Auction $4.3 Million in Bitcoin Next Month

❏ The U.S. Marshals are set to auction off about 660 bitcoin forfeited in federal criminal, civil and administrative cases, worth about $4.3 million. ❏ CoinDesk

'Voldemort' Strikes Again? A New Crypto White Paper Has His Name On It

❏ A new crypto paper arrived today bearing a familiar (and mysterious) pseudonym. ❏ CoinDesk

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

❏ Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group. ❏ CoinDesk

3 Hurdles Could Complicate Bitcoin's Price Recovery

❏ Forcing a bitcoin price breakout is looking anything but easy for the bulls, with several major resistance levels lined up ahead. ❏ CoinDesk

Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In

❏ Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT. ❏ CoinDesk

Bitcoin Price Is Defending One Key Support for the Fifth Month Running

❏ Bitcoin's recovery from three-week lows has kept a key long-term moving average support intact. ❏ CoinDesk

LINE's Crypto Exchange Lists Its Own Token Against Bitcoin, Ether

❏ Messaging giant LINE's Bitbox exchange has made its LINK token available for trading against bitcoin, ethereum and tether. ❏ CoinDesk

Do These Indicators Suggest a Bitcoin Price Rally Early in 2019?

❏ Bitcoin often turns technical analysis on its head, and might be about to do it again. ❏ CoinDesk

Bitcoin Price Spikes But Bull Reversal Is Still $1K Away

❏ Bitcoin is solidly bid Monday amid a sell-off of the tether stablecoin, but the bulls still need a move above $7,400 to confirm bullish reversal. ❏ CoinDesk

Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k

❏ Bitcoin's price just jumped by 11 percent within two hours on Monday, pushing its prices above $6,900 for the first time in a month. ❏ CoinDesk

Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset

❏ Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset. ❏ CoinDesk

Not Everyone Wants to Fix Bitcoin's 'Time Warp Attack' – Here's Why

❏ A bit of a debate has revved up about bitcoin's "time warp attack" and whether it's an exploit or an unintended advantage. ❏ CoinDesk

CFTC Chair Giancarlo Says Institutional Investors Will Help Crypto 'Mature'

❏ CFTC Chair Christopher Giancarlo said the cryptocurrency market will mature as institutional investors enter the space. ❏ CoinDesk

3 More Bitcoin Price Factors Suggest Bears Are in Charge

❏ After Thursday's range breakdown, the prospects of a deeper drop in BTC prices have increased, the price-volume analysis indicates. ❏ CoinDesk

Fake News Site Used New Zealand Prime Minister to Pump Bitcoin Startup

❏ A fake news site used images of New Zealand's prime minister in sponsored posts on Facebook to promote a bitcoin firm. ❏ CoinDesk

Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal

❏ Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million. ❏ CoinDesk

4 Reasons Why Bitcoin's Price Could Now Drop to $6K

❏ Bitcoin's sudden drop to three-week lows has turned the tide in favor of the bears. So is $6,000 the next stop? ❏ CoinDesk

Bitcoin Drops $400 in 30 Minutes As Price Volatility Returns

❏ Bitcoin, the world's largest crypto by market capitalization has dropped 4.77 percent, pushing prices well below $6,400 for the first time in weeks. ❏ CoinDesk

1Broker Says Bitcoin Futures Site Will Start Processing Withdrawals Thursday

❏ Bitcoin futures firm 1Broker, which had its website seized after being charged with violating a number of U.S. federal laws, will reopen withdrawals. ❏ CoinDesk

2017 to Today: Ethereum Predictions Are Aging (But Not Well)

❏ Enthusiasm for ethereum continues to wane just as bitcoin sentiment begins to shine brighter. ❏ CoinDesk

Liquid Goes Live: Blockstream's First Bitcoin Sidechain Has Finally Arrived

❏ Three years in the making, bitcoin's first sidechain "Liquid" is now live, but it's not as decentralized as you might think. ❏ CoinDesk

Bitcoin Price Stuck Below Key Hurdle For Fourth Week Running

❏ Bitcoin's ascent has again been cut short by a key moving average, which has been suppressing bull action since mid-September. ❏ CoinDesk

There's A Giant Bitcoin Rat on Wall Street And It's Staring At the Fed

❏ A public art installation in New York is turning heads in what its creator hopes will be a commentary on bitcoin and government money management. ❏ CoinDesk

Cautiously Bullish: Bitcoin Price Clears Key Trendline to Pass $6.6K

❏ Bitcoin took a bullish turn Monday, but caution is warranted as trading volumes remain near yearly lows. ❏ CoinDesk

Bitwala Partners With Visa-Backed Solaris on Blockchain Bank Account

❏ Blockchain startup Bitwala is working with Berlin-based fintech company solarisBank to launch Germany's first "blockchain bank account." ❏ CoinDesk

To Scale Bitcoin, Little Improvements Will Need to Go a Long Way

❏ Bitcoin Cash and SegWit in the past, it was a non-contentious year for the bitcoin developer community's annual Scaling Bitcoin conference. ❏ CoinDesk

Bitcoin's Price Volatility Just Hit Another 15-Month Low

❏ Bitcoin price volatility continues to drop, with the weekly price range hitting its lowest level since July 2017. ❏ CoinDesk

Sidechains Are Bringing ICOs to Bitcoin And That Might Change Crypto Funding

❏ By the end of the year, an initial coin offering will be launched on bitcoin. thanks to sidechains tech. ❏ CoinDesk

Crypto Trading 101: Pivot Points And Why They're Useful

❏ When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more. ❏ CoinDesk

Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork

❏ Developer Mark Friedenbach has unveiled a discovery that could make certain contentious changes to bitcoin a bit easier. ❏ CoinDesk

Rapper Soulja Boy Brags About Bitcoin Gains in New Rap Track

❏ Soulja Boy is diving head-first into the crypto world with a song titled "Bitcoin" off his latest track. ❏ CoinDesk

SEC Asks for More Comments on Rejected Bitcoin ETFs

❏ The SEC is asking for further comment on nine different bitcoin exchange-traded fund rule change proposals currently under review.  ❏ CoinDesk

Fake Cheat for Popular Game Fortnite Hides Bitcoin-Targeting Malware

❏ A supposed cheat for the massively popular video game Fortnite turns out to be malware designed to steal bitcoin wallet login details. ❏ CoinDesk

VOIP Pioneer Says New Startup Is Paying Users Interest on Millions in Crypto

❏ Led by Alex Mashinsky, crypto lending startup Celsius says it's paying thousands of users interest for depositing bitcoin and ether in its wallet app. ❏ CoinDesk

Little Known 'Choppiness Index' Could Warn of Bitcoin Price Breakout

❏ The Choppiness Index, which gauges a trend's strength, could give traders an early hint of an impending bitcoin price breakout. ❏ CoinDesk

'Nothing Is Decentralized': Crypto Springs Confronts Tech's Shortcomings

❏ The tone distinguishing Crypto Springs from the plethora of blockchain conferences was an acute focus on uncomfortable and open-ended questions. ❏ CoinDesk

Another US Indictment Links Bitcoin to Covert Russian Intelligence Activity

❏ Russian intelligence agents allegedly used cryptocurrencies to help fund an "influence and disinformation" effort, the U.S. government said Thursday. ❏ CoinDesk

Bitcoin Price Must Clear $6,800 for Range Breakout

❏ Bitcoin's prolonged period of consolidation could end with an upside break if prices clear key resistance at $6,800. ❏ CoinDesk

Bitcoin Startup Acinq Raises $1.7 Million to Double Down on Lightning

❏ A new funding round shows that lightning technology isn't just a big hit with bitcoin developers - investors are getting interested, too. ❏ CoinDesk

Bitcoin's Price Is Testing a Month-Long Trend Line

❏ Bears have been emboldened by the latest dip to $6,400, but bulls might be ready to fight back as a trend line of support comes into play. ❏ CoinDesk

Bitcoin's Proof-of-Work Can Be Made More Efficient, IBM Research Claims

❏ Scientists from IBM Research claim they've found a way to reshape blockchain architectures for energy-constrained internet of things devices. ❏ CoinDesk

Coinbase Rolls Out System to Free Up Stuck Bitcoin Payments

❏ Crypto exchange Coinbase has deployed a system aimed to automatically reduce delays in bitcoin payments arising from transaction fee volatility. ❏ CoinDesk

'Bitcoin Bug' Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins

❏ Using a major bug found and fixed on bitcoin last month, an attacker was able to print 235 million coins on "pigeoncoin." ❏ CoinDesk

Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup

❏ Bitmain has acquired Telescope, an open-source, browser-based wallet for bitcoin cash. ❏ CoinDesk

Bitcoin Price Faces Minor Drop After Failure to Pass Key Resistance

❏ Bitcoin could feel the pull of gravity in the next 24 hours, having failed to beat a key moving average hurdle for four days straight. ❏ CoinDesk

Bitcoin Futures Firm 1Broker Moves to Renew Trader Access After US Charges

❏ Bitcoin futures trader 1Broker hopes to launch a read-only version of its website in the next few days after being sued by the SEC and CFTC. ❏ CoinDesk

France Accuses Intelligence Agent of Selling State Secrets for Bitcoin

❏ A French intelligence agent was arrested for allegedly selling state secrets for bitcoin. ❏ CoinDesk

Bitcoin Price Ends September At Lowest Volatility in 15 Months

❏ Bitcoin (BTC) traded in a $1,329 range in September, recording its least volatile month since July of 2017. ❏ CoinDesk

Sign Emerges That Falling Bitcoin Price Just Might Have a Floor

❏ A long-term indicator looks to have been shoring up bitcoin's price over the last four months. ❏ CoinDesk

A Bitcoin Mining Moratorium Was Just Avoided in Montana

❏ Officials in Missoula County, Montana, will investigate regulations around bitcoin mining despite local demands for a moratorium. ❏ CoinDesk