Posts

Showing posts from December, 2018

Bitcoin’s Warrior Queen: Lightning’s Elizabeth Stark Is Building an Army

❏ CoinDesk profiles Elizabeth Stark, a woman entrepreneur leading a new phase for bitcoin, the world's largest and most valuable cryptocurrency. ❏ CoinDesk

$182 Million: ICE Exchange’s Bitcoin Startup Bakkt Announces Massive Fundraise

❏ The New York Stock Exchange–affiliated Bakkt completes its first fundraising round, with 12 partners. ❏ CoinDesk

Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa

❏ Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa. ❏ CoinDesk

Bitcoin’s Next Halving Rally: Coming Soon in 2019

❏ Get ready for talk about bitcoin's halving – the once-in-a-while event that won't happen in 2019, but that just might have an impact on the markets. ❏ CoinDesk

The True Crypto Alternative to Government Money

❏ Evan Kuo is the co-founder of Ampleforth (formerly Fragments), a startup developing advanced technological solutions for the stablecoin market, and the former founder of on-demand delivery startup Pythagoras Pizza. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  “I don’t believe we shall ever have a good money again before we take the […] ❏ CoinDesk

Bitcoin Price Suddenly Spikes $300 to Avoid Retest of 2018 Low

❏ A bullish reversal pattern has emerged on bitcoin's price charts that could extend the latest rally towards $5,000. ❏ CoinDesk

Craig Wright Denied Attempt to Dismiss Lawsuit Over 1.1 Million Bitcoin

❏ A U.S. court has largely denied crypto entrepreneur Craig Wright’s attempt to dismiss a lawsuit alleging he appropriated 1.1 million bitcoin. ❏ CoinDesk

Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin

❏ A phishing attack on the Electrum wallet network has reportedly managed to steal bitcoin worth over $800,000. ❏ CoinDesk

Former Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

❏ In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds. ❏ CoinDesk

Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether

❏ A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity. ❏ CoinDesk

Bulls Under Pressure After Bitcoin Price Retreats from $4K

❏ Bitcoin's recent forays into price territory above $4,000 have been beaten back, putting the bulls under pressure to regain momentum. ❏ CoinDesk

GMO Quits Selling Mining Machines After Crypto Market Downturn

❏ Japanese IT giant GMO Internet is to stop making and selling crypto mining machines, but will continue mining for now. ❏ CoinDesk

Crypto Is Down, So Why Am I Smiling?

❏ One of the cryptographers most often cited in Satoshi Nakamoto's white paper has reason to think the industry's future is bright. ❏ CoinDesk

Layoffs Underway Amid Business Adjustments, Bitcoin Miner Bitmain Confirms

❏ Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. “There has been some adjustment to our staff this year as we continue to build a long-term, […] ❏ CoinDesk

Backed By Volume, Bitcoin’s Eyes $4.4K Price Target

❏ The price of bitcoin is back above $4,000, and is eyeing a move upwards. The world’s largest cryptocurrency by market capitalization had been trapped within a symmetrical triangle, suppressing its range between $3,788 and $4,153 over a period of four days, that is, until it broke out above $4,200 at 12:40 UTC today. At press […] ❏ CoinDesk

Why Traders Say Volume Is Crypto Price Indicator of Choice

❏ When it comes to analyzing markets, developing your own trading style can be the difference between a successful trade or financial pain. Traders utilize a variety of indicators in order to add layers of confirmation to their bias in order to get the most accurate results. But what if you could only choose one indicator to […] ❏ CoinDesk

Why the CFTC’s Questions About Ethereum Matter

❏ The questions on ethereum the CFTC put to the public show that the regulator has been considering derivatives on cryptocurrencies other than bitcoin - they also point to a new collaborative approach to sector oversight. ❏ CoinDesk

Saying Goodbye to the Blockchain Romantics

❏ Decentralization may sound like a sexy concept, but realism may be a better real-deal solution, argues Elly Zhang. ❏ CoinDesk

Launch of Bakkt Bitcoin Futures Market May Get Postponed Again

❏ It's unlikely the CFTC will act in time for ICE to launch Bakkt as planned on Jan. 24, CoinDesk has learned. ❏ CoinDesk

Grin and Beam: A Tale of Two Coins Being Built on Bitcoin’s Mimblewimble

❏ Mimblewimble is about to go live – not in one, but in two new cryptocurrency implementations. ❏ CoinDesk

This Price Chart Indicates Bitcoin’s Bulls Are Back in Business

❏ Bitcoin is looking increasingly bullish on a key technical chart following its strong move above $4,000. ❏ CoinDesk

Miner Maker Ebang Reports ‘Significant’ Profit Drop in New IPO Filing

❏ Crypto miner maker Ebang has refiled its draft IPO prospectus in Hong Kong, indicating a downturn in business in Q3. ❏ CoinDesk

Bitcoin’s Tick Problem (Getting Screwed on Crypto Exchanges)

❏ A penny not mean much to you, but for crypto exchange traders it's a big deal. ❏ CoinDesk

Bitcoin’s Path to $5K Faces a Major Hurdle

❏ Bitcoin's recovery rally faces sturdy resistance at $4,400 – here are three reasons why. ❏ CoinDesk

Bitcoin Price Rebounds to Two-Week Highs Above $4K

❏ Bitcoin's relief rally gathered pace on Thursday, pushing prices to two-week highs above the psychological hurdle of $4,000. ❏ CoinDesk

OKEx Launches No-Expiry Bitcoin Derivative Product

❏ Crypto exchange OKEx has launched a new bitcoin derivative product called a "perpetual swap," that lets positions to be held indefinitely. ❏ CoinDesk

Bull Reversal: Bitcoin Climbs Key Price Hurdle to Target $4K

❏ Bitcoin's price crossed key resistance yesterday, boosting the prospects of a stronger rally above $4,000. ❏ CoinDesk

Venezuela Isn’t the Crypto Use Case You Want It to Be

❏ Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex. ❏ CoinDesk

Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode

❏ U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup. ❏ CoinDesk

Holiday Rally? Bitcoin Jumps 10% on Price Record Anniversary

❏ Bitcoin could be in for a stronger recovery rally ahead of New Year as the recent major sell-off looks to be fading. ❏ CoinDesk

Crypto Is Far From Dead, as These Scaling Projects Show

❏ Far from seeing the death of crypto, we may be entering its most exciting phase, argues Michael J. Casey. ❏ CoinDesk

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

❏ Coinbase is rolling out bitcoin-based crypto-to-crypto trading pairs for its retail customers. ❏ CoinDesk

Blockstream Boosts Bitcoin Satellite Service With Lightning Payments

❏ Blockstream has expanded its bitcoin satellite service to the Asia-Pacific region and added support for Lightning Network transactions. ❏ CoinDesk

A Year Ago Today Bitcoin’s Price Hit a Record $20k

❏ Bitcoin is still struggling to find the bottom of a bear market on the anniversary of its $20,000 all-time record price high. ❏ CoinDesk

Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source

❏ The Hong Kong Stock Exchange is reluctant to approve the IPO applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks. ❏ CoinDesk

The Intrinsic Value of Crypto (What the Bubble Hasn’t Changed)

❏ The crypto bubble hasn't altered the intrinsic value of crypto assets – but it should change our outlook on how they will evolve. ❏ CoinDesk

Exchanges, Startups Pick Sides After the Bitcoin Cash ‘Hash War’

❏ The so-called "hash war" over the future of bitcoin cash is over and it's up to market forces to decide the fate of its two rival cryptocurrencies. ❏ CoinDesk

One Month Later, Which Crypto Is Winning the Bitcoin Cash Split?

❏ After a month of wild volatility and 'hash wars,' the public still has yet to pick a clear favorite out of the two new bitcoin cash forks, BCHABC and BSV. ❏ CoinDesk

Crypto is for Activists: Why We Need More Cypherpunks, Not Cypherposers

❏ Bitcoin is activism, not a get rich quick scheme or a startup platform, says Lamassu's Zach Harvey. ❏ CoinDesk

When There’s Blood in the Street (Why It’s Not Quite Time to Be Long Crypto)

❏ Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). ——————- Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo). The family has been […] ❏ CoinDesk

Sephora Shoppers Are Getting Their First Bitcoin Using Crypto Startup Lolli

❏ Sephora has joined the list of retailers at which shoppers can earn bitcoin rewards via the Lolli app. ❏ CoinDesk

Bitcoin Price Defies Oversold Conditions to Hit 15-Month Low

❏ Bitcoin tumbled to 15-month lows earlier today, defying hints of a rally signalled by current extreme oversold conditions. ❏ CoinDesk

US Government Issues Advice Over Bitcoin Bomb Threat Emails

❏ The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take. ❏ CoinDesk

Blockstack Won’t Need to Sell Bitcoin or Ether to Survive Crypto Winter

❏ Blockstack limited its access to funds raised last year, so it couldn't spend faster than it gained traction. Now that's paying off. ❏ CoinDesk

Bitcoin Price Consolidates Sub-$3.5K With Bulls and Bears in Stalemate

❏ Bitcoin is consolidating below $3,500 for the third day straight, but is a bull move building? ❏ CoinDesk

Crypto 2018 Was a Tale Told By An Idiot – But It Doesn’t Have to Signify Nothing

❏ James Greaves is the co-founder of Glyph, an identity service built for the blockchain era. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  I’m completely out of crypto and I’ve been selling my bitcoin and ether all year. Does that disgust you? Disappoint you? If you just met me, I’m guessing […] ❏ CoinDesk

Bitcoin Price Charts Indicate Glimmer of Hope for Corrective Rally

❏ Bitcoin's struggle to build a notable bounce could end if prices beat key resistance above $3,600. ❏ CoinDesk

Cheap Power Is Luring Battered Bitcoin Miners to Iran

❏ Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple. ❏ CoinDesk

What a Wall Street Chart Tells Us About the Psychology of the Bitcoin Market

❏ Hope, euphoria or panic: What the “Wall Street Cheat Sheet” can tell us about the current state of the bitcoin market. ❏ CoinDesk

Bitcoin Oversold on Weekly Price Chart for First Time in Four Years

❏ A key long-term bitcoin price indicator is reporting oversold conditions for the first time in almost four years. ❏ CoinDesk

Not Everyone Wants a Bitcoin ETF

❏ Despite the hype, some experts believe a bitcoin ETF wouldn't have much long-term impact on the broader market. ❏ CoinDesk

Bitcoin’s Share of the Crypto Market Is Nearing a 3-Month High

❏ Bitcoin's share in the cryptocurrency market reached an 11-week high late last week. ❏ CoinDesk

Bitcoin Faces Drop Towards $3K After Brief Price Bounce

❏ Bitcoin still has the potential to drop towards $3,000, despite a minor bounce from 15-month lows seen on Friday. ❏ CoinDesk

Crypto Exchange Gemini to List Bitcoin Cash With NYDFS Approval

❏ The Winklevoss-owned Gemini crypto exchange is adding support for bitcoin cash trading pairs with approval from New York's finance watchdog. ❏ CoinDesk

Mining Firm Sues Bitcoin ABC Proponents for ‘Hijacking’ Bitcoin Cash

❏ Mining firm United Investment has launched a lawsuit against Bitmain, bitcoin.com, and Bitcoin ABC devs for allegedly taking control of bitcoin cash. ❏ CoinDesk

When Bitcoin’s Price Breaks Down, It Follows a Pattern

❏ When trying to predict the future price of bitcoin, it's impossible to do so without first looking at its past. ❏ CoinDesk

Bitcoin Drops Below $3.4k to Set a New 2018 Low

❏ Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again hit a fresh 2018 low below $3,350 amid a greater crypto market sell-off. ❏ CoinDesk

SEC Again Delays Decision on VanEck-SolidX Bitcoin ETF

❏ The SEC has postponed its decision on the VanEck/SolidX bitcoin ETF to February 2019. ❏ CoinDesk

Bets On Bitcoin Price Decline Hit 6-Week High

❏ The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday. ❏ CoinDesk

Bitcoin Still on Defensive But Rally Possible Over $3.9K

❏ Bitcoin remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900. ❏ CoinDesk

Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

❏ The Aion Foundation has sold off half of the bitcoin and ether raised in an October 2017 token sale, says its CEO. ❏ CoinDesk

Bitcoin Faces Biggest Yearly Price Loss on Record

❏ Bitcoin's recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss. ❏ CoinDesk

$35 Million: Sequoia, Baidu Back Turing Award Winner’s Blockchain Project

❏ Conflux, a scalable blockchain project with a Turing Award-winning co-founder, has raised $35 million from backers including Sequoia and Baidu. ❏ CoinDesk

Iranian Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

❏ One of the Iranian bitcoin wallet holders added to the U.S. sanctions list last week says he was unaware coins he received were tied to ransomware. ❏ CoinDesk

Closing on $4k: Bitcoin Price Returns From One-Week Lows

❏ A quick recovery from one-week lows seen today may have helped bitcoin avert a bigger sell-off, but the bulls are not out of the woods yet. ❏ CoinDesk

Will Bitcoin Price Snap Three-Year December Winning Streak?

❏ Bitcoin may break its three-year December winning streak unless prices convincingly cross key resistance at $4,410 in the next few days. ❏ CoinDesk

The Crypto Winter Is Here and We Only Have Ourselves to Blame

❏ Last year's mania perpetuated a narrative that making speculative gains was bitcoin’s core value proposition, writes Michael J. Casey. ❏ CoinDesk

Bitcoin Price Ends November With Worst Monthly Decline in 7 Years

❏ The price of bitcoin is on its way to recording its worst monthly performance since August of 2011. ❏ CoinDesk