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Showing posts from November, 2018

Bitcoin ETF Seekers Cite Precedent in SEC Presentation on Monday

❏ VanEck, SolidX and Cboe met with SEC staff on Monday to demonstrate how the bitcoin market is ready for an ETF. ❏ CoinDesk

Capitulation? Bitcoin’s Price Dropped 36% in November

❏ Bitcoin tanked in November on the back of high volumes, raising the possibility that the market has, to some extent, capitulated. ❏ CoinDesk

Intel Wins Patent for Energy-Efficient Bitcoin Mining

❏ An Intel patent awarded Tuesday outlines a method for mining cryptos using the SHA-256 algorithm more efficiently. ❏ CoinDesk

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

❏ New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions. ❏ CoinDesk

Bitcoin Mining Giant Holds Flash Sale to Celebrate Price ‘Bottom’

❏ Bitcoin miner maker Canaan Creative has revealed it is temporarily cutting prices to "celebrate" bitcoin's recent price rise. ❏ CoinDesk

Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether

❏ Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies by market cap. ❏ CoinDesk

Bull Reversal? Bitcoin Sees Biggest Single-Day Price Gain Since April

❏ Bitcoin is teasing a short-term bullish reversal, having just recorded its biggest single-day gain in seven months. ❏ CoinDesk

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

❏ The number of Google searches for bitcoin has seen a notable uptick this week, now recording its most searches worldwide since last April. ❏ CoinDesk

US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

❏ For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals. ❏ CoinDesk

Back Over $4K: Bitcoin’s Price Bounce is Gathering Pace

❏ While the bitcoin market is still predominantly bearish, seller exhaustion near $3,500 may be paving the way to stronger corrective bounce. ❏ CoinDesk

Canadian Jewelry Retailer Birks Now Accepts Bitcoin Payments

❏ Birks Group, one of the oldest luxury jewelry retailers in Canada, is now accepting bitcoin payments at eight of its stores. ❏ CoinDesk

Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts

❏ The second largest stock exchange in the world - NASDAQ - is partnering with investment management firm VanEck to bring to market a new generation of cryptocurrency futures products. ❏ CoinDesk

ICE Founder: ‘We’re Kind of Agnostic’ on Bitcoin’s Price

❏ ICE founder and chairman Jeffrey Sprecher and Bakkt CEO Kelly Loeffler took to the stage during CoinDesk's Consensus: Invest event on Tuesday. ❏ CoinDesk

Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019

❏ Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources. ❏ CoinDesk

Bitcoin Will Close Below Key Price Support in First Since 2015

❏ Bitcoin looks set to end the month below a key long-term support level for the first time in three years. ❏ CoinDesk

XRP Nears Longest Stretch as World’s Second-Largest Cryptocurrency

❏ XRP has remained the world's second largest cryptocurrency by market capitalization for the past 11-days, which is its longest stretch at #2 since 2016. ❏ CoinDesk

Bitcoin Price Bounces 15% After 14-Month Low

❏ Bitcoin's 15-percent recovery from the 14-month low hit yesterday may have opened the doors for short-term price consolidation ❏ CoinDesk

Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin

❏ Ohio has become the first U.S. state to allow taxes to be paid in bitcoin. ❏ CoinDesk

600K Bitcoin Miners Shut Down in Last 2 Weeks, F2Pool Founder Estimates

❏ Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, F2pool's founder estimates. ❏ CoinDesk

Down 36%: Bitcoin Price Faces Worst Weekly Loss Since April 2013

❏ With bitcoin prices dropping further early on Sunday, the cryptocurrency now looks to be heading for its worst weekly loss in over 5 years. ❏ CoinDesk

Below $4k: Bitcoin’s Price Drops to a 420-Day Low

❏ The price of bitcoin fell below $4,000 for the first time Septemeber 26, 2017 and is now down 30 percent in the last 7 days alone.3 ❏ CoinDesk

Free Software Messiah Richard Stallman: We Can Do Better Than Bitcoin

❏ Richard Stallman, founder of the free software movement, is building a privacy-focused cryptographic payments system, but says it's not a cryptocurrency. ❏ CoinDesk

Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing

❏ Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing. ❏ CoinDesk

Bitcoin Price Eyes Recovery After Defense of Long-Term Support

❏ Bitcoin's defense of key long-term support for the second time in four days is a positive sign for a potential recovery rally. ❏ CoinDesk

Mt Gox Trustee Seeks to Extend Civil Rehabilitation Claims Deadline

❏ The trustee of the collapsed bitcoin exchange Mt. Gox is hoping to give creditors more time to enter civil rehabilitation claims. ❏ CoinDesk

Lightning-Powered Blog Sees 20,000 Bitcoin Micropayments in 7 Months

❏ The Lightning Network is already powering a real blogging platform with bitcoin micropayments. ❏ CoinDesk

Norway Ends Power Tax Subsidy for Bitcoin Miners

❏ The Norwegian government has scrapped a subsidy on electricity tax for cryptocurrency miners in its state budget, a report says. ❏ CoinDesk

$4.6K: Bitcoin’s Price Revival Has a New Target

❏ Bitcoin's stalled recovery rally could kick off again if prices manage to beat new resistance above $4,600. ❏ CoinDesk

French Tobacco Retailers to Sell Bitcoin From January

❏ Tobacconists in France are reportedly going to be selling bitcoin vouchers to the public from New Year. ❏ CoinDesk

There Is No ‘Bitcoin’: What the SEC Doesn’t Get About Cryptocurrency

❏ The SEC would like to establish jurisdiction over crypto assets but this is only appropriate where there are legally enforceable contracts between legal entities, argues Edan Yago. ❏ CoinDesk

Amended Suit Against Coinbase Details Bitcoin Cash Insider Trading Claims

❏ Plaintiffs in an ongoing case against Coinbase have filed an amended lawsuit explaining how they believe the exchange allowed insiders to unfairly profit from its rollout of bitcoin cash last December. ❏ CoinDesk

In First Since 2015, Bitcoin’s Price Is Testing a 200-Week Average

❏ The pace of bitcoin’s ongoing sell-off is setting new records with every passing day, the latest being its test of a key long-term moving average for the first time in three years. Indeed, the world’s most valuable cryptocurrency network fell below its 200-week exponential moving average (EMA) of $4,180 yesterday, marking the first break of […] ❏ CoinDesk

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

❏ U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors. ❏ CoinDesk

$5K Bounce? Bitcoin Price May Have Hit Bottom For Now

❏ Bitcoin could be in for a stronger recovery rally in the next few days, having found a temporary low near $4,000. ❏ CoinDesk

VanEck Subsidiary Launches Index Tracking OTC Bitcoin Performance

❏ MV Index Solutions, a subsidiary of investment management firm VanEck, has launched a new index tracking the OTC performance of bitcoin. ❏ CoinDesk

Bitcoin Cash Is Now Two Blockchains – That Might Not Change Anytime Soon

❏ It’s been six days since the bitcoin cash split and the ongoing threat of one chain sabotaging the other has yet to materialize. ❏ CoinDesk

Bitcoin Cash SV’s ‘Blockchain Reorg’ Likely an Accidental Split, Not an Attack

❏ Bitcoin Cash SV's block reorganization yesterday may have been the result of a stress test, rather than an attack. ❏ CoinDesk

Capitulation? This Bitcoin Sell-Off Still Isn’t as Extreme as 2015’s

❏ The cryptocurrency market has lost nearly 30 percent of its total value in the past 7-days alone, leaving many to wonder if an end to the bear market is in sight. ❏ CoinDesk

ICE’s Bakkt Delays Bitcoin Futures Launch to January

❏ Bakkt has delayed the launch of its bitcoin futures launch to January 2019. ❏ CoinDesk

Bitcoin’s Price On Pace to Post Worst Month Yet in 2018

❏ Bitcoin's sell-off has accelerated and put the cryptocurrency on pace to record its worst monthly performance of the year. ❏ CoinDesk

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

❏ The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin. ❏ CoinDesk

OKEx Blasts ‘Defamatory’ Allegations Amid BCH Futures Settlement Furor

❏ OKEx has pushed back against allegations made by a trading firm over its forced settlement of bitcoin cash futures contracts last week. ❏ CoinDesk

Bitcoin Price Drops to $4,200 Despite Record Low On RSI

❏ Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days. ❏ CoinDesk

Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project

❏ RSK Labs is operating under a new banner, with an emphasis on creating a range of open-source protocols for blockchain infrastructure. ❏ CoinDesk

A Historically Strong Month for Crypto, November Is Off to a Brutal Start

❏ The cryptocurrency market rout accelerated today as bitcoin (BTC) fell below $5,000 for the first time in 13-months. ❏ CoinDesk

Below $5K: Bitcoin Drops $500 on Day to Set New 2018 Low

❏ The price of bitcoin fell below $5,000 on Monday for the first time since October of last year. ❏ CoinDesk

Traders Claim Losses After OKEx Settled BCH Contracts at Short Notice

❏ Traders have reportedly incurred losses after OKEx settled bitcoin cash futures contracts with little warning ahead of last week's hard fork. ❏ CoinDesk

Bitcoin Price Hits 13-Month Low as Crypto Market Slumps

❏ Bitcoin (BTC) dropped to its lowest level since October 2017 on Monday, as losses are seen across the broader crypto market. ❏ CoinDesk

Crypto Exchange Kraken Warns Traders Against Bitcoin Cash SV

❏ Kraken has warned that the new bitcoin cash token, BCH SV, does not meet its standard listing requirements and is a “high risk” investment. ❏ CoinDesk

Bitcoin Puzzle Artist’s Blockchain Gaming Startup Valued at $13 Million

❏ One of the bitcoin community’s best-known artists is gearing up to launch a blockchain-powered video game with investor backing. ❏ CoinDesk

Major Exchanges Are Already Distributing New Bitcoin Cash Tokens

❏ After yesterday's split of the bitcoin cash blockchain, several top exchanges have already accommodated the resulting two tokens. ❏ CoinDesk

Bitcoin Price Pattern Suggests a Bounce May Be Coming

❏ If past events are a guide, bitcoin could in for a recovery rally, following the formation of a "long-legged doji" on the charts Thursday. ❏ CoinDesk

The Giant Bitcoin Rat Is Back And This Time It’s After Alan Greenspan

❏ The artist behind a giant, inflatable, rat-shaped piece of protest art dedicated to bitcoin is at it again – this time at the DC Fed. ❏ CoinDesk

ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’

❏ ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he's really not keen on bitcoin. ❏ CoinDesk

What We Know About Bitcoin Cash’s Two Blockchains

❏ The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. ❏ CoinDesk

Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions

❏ Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. ❏ CoinDesk

Bitcoin Cash’s Blockchain Hard Fork Just Went Live

❏ A contentious hard fork on the bitcoin cash blockchain has been activated. ❏ CoinDesk

This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela

❏ Economist Steve Hanke has joined the board of advisors for the P2P cryptocurrency exchange AirTM and will guide its Latin American expansion, including a new system for price-stable assets he will design. ❏ CoinDesk

Ahead of Bitcoin Cash Fork, Hash Power Still Favors SV Camp

❏ Bitcoin cash's ongoing hash war remains lopsided, with mining pools supporting Bitcoin SV controlling nearly 75 percent of the current network. ❏ CoinDesk

Bitcoin Price Eyes $5K Defense as RSI Hits 4-Year Low

❏ Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days. ❏ CoinDesk

Bitcoin Miner Canaan’s IPO Looms as Filing Status Now ‘Lapsed’

❏ Canaan Creative's IPO application looms as the bitcoin mining firm's filing status at the Hong Kong Stock Exchange is now "lapsed." ❏ CoinDesk

After the Fork: How Competing Bitcoin Cash Blockchains Might Wage War

❏ The war for bitcoin cash is only beginning. ❏ CoinDesk

Buy or Sell? What Traders Think About Tomorrow’s Bitcoin Cash Fork

❏ With Thurday's hard fork of the bitcoin cash blockchain likely to result in a split, what are the traders planning to do with their holdings? ❏ CoinDesk

The Crypto Market Just Fell to a New 2018 Low

❏ Bitcoin sank to its lowest price in over a year on Wednesday – a move that seemed to drag down the prices of other major cryptocurrencies as well. ❏ CoinDesk

Fork Watch: How To Follow Tomorrow’s High-Stakes Bitcoin Cash Update

❏ Part system upgrade, part political battle, Thursday's BCH hard fork could get interesting. ❏ CoinDesk

Below $5,700: Bitcoin Plunges to Lowest Price in Over 12 Months

❏ Bitcoin fell to its lowest price in over 12 months on Wednesday amid a broader cryptocurrency market sell-off. ❏ CoinDesk

Crypto Traders Now See No Clear Winner in Bitcoin Cash Fork

❏ Bitcoin ABC and Bitcoin SV are now valued the same in advanced trading. ❏ CoinDesk

Bitcoin Veteran Jameson Lopp Named CTO of Crypto Startup Casa

❏ Casa has boosted Jameson Lopp to CTO eight months after he joined the crypto custody solutions startup as an infrastructure engineer. ❏ CoinDesk

Bain Capital Backs $2.25 Million Round for Bitcoin Rewards Startup Lolli

❏ Bitcoin rewards platform Lolli has raised $2.25 million in seed funding from investors including Bain Capital Ventures. ❏ CoinDesk

Bitcoin Price Is Charting This ‘Death Cross’ for First Time Since 2014

❏ Bitcoin’s (BTC) price woes may not be over just yet, as a specific "death cross" indicator is about to reoccur for the first time in four years. ❏ CoinDesk

Traders Now Betting 2-to-1 the Bitcoin Cash Fork Will Cause Price Decline

❏ There are now almost twice as many open short positions betting that the price of bitcoin cash (BCH) will fall as there are longs betting on a rise in its price. According to data from crypto exchange Bitfinex, which allows margin trading for multiple cryptocurrencies, there are currently 89,457 open BCH short positions and 53,322 […] ❏ CoinDesk

Bitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches

❏ Over the past 24 hours, Bitcoin cash mining pools supporting Craig Wright's Bitcoin SV have consolidated even more of the relative amount of hash power. ❏ CoinDesk

Bitcoin Back on the Defensive After Price Hits Two-Week Low

❏ Bitcoin price dropped to two-week lows earlier today and could extend the decline to key support near $6,100. ❏ CoinDesk

Free Money? Traders In Asia Are Buying Bitcoin Cash Ahead of Hard Fork

❏ While bitcoin cash is seeing an internal war ahead of the scheduled network fork on Thursday, some traders in Asia are just betting that the sum of the parts will be worth more than the whole. ❏ CoinDesk

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

❏ Crypto mining hardware maker Bitmain has filed suit against an anonymous thief in a US federal court. In a complaint submitted to the U.S. District Court, Western District of Washington at Seattle, Bitmain alleges that the unidentified thief stole 617 bitcoin from an account it holds at crypto exchange Binance, and is seeking a jury trial […] ❏ CoinDesk

Hash Power Favors Craig Wright Camp in Looming Bitcoin Cash Fork

❏ Early data suggests that the Bitcoin SV implementation of the bitcoin cash fork may enjoy more hash power than Bitcoin ABC. ❏ CoinDesk

Bitcoin Teases Bull Move After Defense of Key Price Support

❏ Bitcoin could be in for a recovery rally, having defended a key support level over the weekend. ❏ CoinDesk

CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

❏ A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss. ❏ CoinDesk

Sexual Assault Survivor Uses Crypto to Crowdfund Anonymously

❏ Cryptocurrency is helping women who've suffered sexual harassment or assault gain financial independence while protecting their privacy. ❏ CoinDesk

Bitcoin Price Eyes $6.2K Amid Further Drop into Bear Territory

❏ Bitcoin's reversal of the recent uptrend in prices is gathering pace and a drop into a bearish territory below $6,200 is now a possibility. ❏ CoinDesk

Bitcoin Cash Declares War: Why This Could Mean Another Split

❏ After a year of peaceful hard fork upgrades, bitcoin cash is in the throes of a fiery debate over its future – one that could lead to a chain split. ❏ CoinDesk

Early Trading Shows Clear Preference In Divide Over Bitcoin Cash Fork

❏ Poloniex's new "pre-fork" trading service suggests that bitcoin cash users favor the more established version of the software, Bitcoin ABC. ❏ CoinDesk

Crypto Exchanges Must 'Grow or Die,' Says Exec at Fintech Firm Cinnober

❏ Cinnober, a fintech company founded a full decade before the bitcoin white paper came out, wants to help today's crypto trading platforms mature. ❏ CoinDesk

Recovery in Doubt as Bitcoin Price Drops Out of Bullish Channel

❏ Bitcoin is painting a less bullish picture than 24 hours ago, following a drop out of an ascending price channel. ❏ CoinDesk

Crypto Exchange Poloniex Announces 'Pre-Fork' Trading for Bitcoin Cash Split

❏ Poloniex will be the first exchange to offer trading for the pending bitcoin cash (BCH) hard fork amid the debate that has raged since mid-year. ❏ CoinDesk

Crypto Exchanges Line Up to Support Bitcoin Cash's Hard Fork

❏ Bitcoin cash is undergoing a hard fork on Nov 15., and it might result in a split. So which exchanges will support the new cryptocurrency? ❏ CoinDesk

Hackers Breach Popular Web Analytics Site to Target Crypto Exchange

❏ Cryptocurrency exchange Gate.io was apparently the target of hackers who compromised a widely used web analytics platform. ❏ CoinDesk

Up $100: Bitcoin Price Indicators Grow Increasingly Bullish

❏ Bitcoin looks likely to inch higher toward $6,800 in the near-term, as the technical indicators have grown increasingly bullish in the last 24 hours. ❏ CoinDesk

It's Hard to Short Crypto – And That's Propping Up Prices, Study Finds

❏ An Australian researcher says wide disagreements about underlying prices and lack of short options keep cryptocurrency prices alive. ❏ CoinDesk

Bitcoin Cash Price Climbs 11% to Hit 2-Month High

❏ The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high. ❏ CoinDesk

Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

❏ In a new court filing, Charlie Shrem denies claims that he stole 5,000 bitcoin from Cameron and Tyler Winklevoss. ❏ CoinDesk

Bitmain to Begin Selling New Bitcoin Miners Later This Week

❏ Bitmain's recently revealed 7nm ASIC mining chip will be included in new Antminer S15 and T15 models, which go on sale Thursday. ❏ CoinDesk

The Number of Bitcoin Short Positions Hits 3-Month Low

❏ Short positions placed on bitcoin have fallen to their lowest levels since the beginning of August as market sentiment shifts in favor of the bulls. ❏ CoinDesk

This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal

❏ Bitcoin's long-awaited bullish reversal could gather steam once prices cross key resistance near $6,650. ❏ CoinDesk

Elon Musk Impostors Score $176K (And Counting) in New Twitter Scams

❏ A number of verified Twitter accounts were hacked to look like Elon Musk's as part of an effort to defraud owners of bitcoin. ❏ CoinDesk

Bitcoin's True Stress Test Is Yet to Come

❏ What happens if there's another 2008-scale financial market crisis? Will diehard HODLers still resist liquidating their bitcoin assets? ❏ CoinDesk

Bitcoin Price Eyes Move to $6.8K After Bull Breakout

❏ Bitcoin could be about to make a move towards $6,800, having witnessed a bullish triangle breakout yesterday. ❏ CoinDesk

No, Bitcoin Isn't Secretly Messing with the Mid-Term Elections

❏ Take it from someone who's actually received crypto campaign donations. ❏ CoinDesk

Builders on Wall Street: Bitcoin Devs Host Lightning Hack Day

❏ At the Lightning Hackday, it was hard to keep up with all the futuristic ideas for bitcoin's layer-two, but some devs are focusing on the basics. ❏ CoinDesk

Bitcoin Brought Us a New World We Could Have Only Imagined

❏ It's been 10 years since bitcoin's white paper appeared and opened up a whole new world of possibilities, says BitGo's Mike Belshe. ❏ CoinDesk

Winklevoss Brothers Sue Charlie Shrem Over $32 Million in Bitcoin

❏ The Winklevoss twins are reportedly suing bitcoin entrepreneur Charlie Shrem over 5,000 bitcoin allegedly owed to them from a past business deal. ❏ CoinDesk

Bitcoin Sees New Price Support From 7-Year-Long Rising Trendline

❏ A trendline rising from 2011 lows has become the level to beat for the bitcoin bears. ❏ CoinDesk

New York Awards First-Ever BitLicense to Bitcoin ATM Company

❏ Bitcoin ATM operator Coinsource has received a BitLicense from New York's financial watchdog, a full three years after first applying. ❏ CoinDesk

Bitcoin Price May Break Three-Month Losing Streak in November

❏ Bitcoin ended October on a weak note, confirming its first three-month losing streak since 2015, but things may be looking up for November. ❏ CoinDesk

Bitcoin's White Paper Is Not a Bible – Stop Worshipping It

❏ Software evolves, read-only text documents do not. ❏ CoinDesk