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Showing posts from January, 2019

Cboe Resubmits the VanEck/SolidX Bitcoin ETF Proposal for SEC Approval

❏ Cboe has re-filed the VanEck/SolidX bitcoin ETF proposal, which it previously withdrew due to the U.S. government shutdown. ❏ CoinDesk

Prime Trust Undercuts Rivals in Crypto Custody Race

❏ Prime Trust has eliminated its fees for storing digital assets such as bitcoin, ether and Stellar lumens, in a move the custodian called an industry first. ❏ CoinDesk

NYDFS Grants BitLicense to Third Bitcoin ATM Operator

❏ NYDFS has granted a third bitcoin ATM operator a BitLicense Thursday, with Cottonwood Vending LLC becoming the latest recipient. ❏ CoinDesk

February Is Often Good for Bitcoin Prices, Will History Repeat in 2019?

❏ Bitcoin could end its four-year February winning streak unless prices see a strong bounce from key support. ❏ CoinDesk

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

❏ Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation. ❏ CoinDesk

Bitcoin Eyes Minor Price Bounce But Bear Trend Intact

❏ Bitcoin (BTC) has recovered slightly from six-week lows seen yesterday and could see a short-term corrective bounce to $3,500. ❏ CoinDesk

This Spongebob-Themed Tech Proves That Bitcoin’s Lightning Is Advancing

❏ Spongebob Squarepants term "wumbo" has been appropriated to describe one of the next milestones for bitcoin's lightning network. ❏ CoinDesk

Down Again: Bitcoin Is Closing on Key Long-Term Price Support

❏ Bitcoin is on the defensive after a drop to six-week lows and could soon test crucial long-term support below $3,300. ❏ CoinDesk

Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

❏ The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country. ❏ CoinDesk

LocalBitcoins Reveals Security Breach With Some Crypto Wallets Affected

❏ Peer-to-peer bitcoin trading site LocalBitcoins says it's suffered a hack via a third-party service that affected a small number of users. ❏ CoinDesk

Bitcoin Price Looks South After Drop to Six-Week Lows

❏ Bitcoin ended a two-week period of consolidation with a drop to six-week lows earlier today. ❏ CoinDesk

State of Lightning: What’s the Path for Network Adoption in 2019?

❏ The "instant payments" network running atop bitcoin saw fast user adoption levels in 2018. Will the trend continue this year? ❏ CoinDesk

Stranger Things: The Upside of Down Bitcoin Prices

❏ The bitcoin price correction of 2018 should actually help force the market as a whole to mature in 2019, writes the CEO of Seed CX. ❏ CoinDesk

Free Markets Don’t Create Free People: Bitcoin’s Tech Success Masks Its Failure

❏ Blockchain is primarily being used to create a new class of monopolists and set in stone a regime of surveillance, says writer James Bridle. ❏ CoinDesk

NYSE Arca Files Paperwork for Bitwise Bitcoin ETF Approval

❏ A little-noticed regulatory filing sheds light on the bitcoin ETF proposed by Bitwise and NYSE Arca. ❏ CoinDesk

Bitcoin Awaits Triangle Breakout as Price Squeeze Continues

❏ Bitcoin's price is largely unchanged on the day and maybe building for a strong exit from the weeks-long tight trading range. ❏ CoinDesk

Bitcoin ATM Startups Say They’re Booming, Thanks in Part to Venezuela

❏ Bitcoin ATM usage is surging, especially in Latin America, where Venezuelan refugees and others are seeking ad hoc banking solutions. ❏ CoinDesk

When Bitcoin ETF? Not Any Time Soon, But Maybe by 2020

❏ There are no bitcoin ETF proposals currently sitting before the SEC, but one may still be approved before 2020. ❏ CoinDesk

Bitcoin Price Defends $3.5K After Cboe Pulls ETF Proposal

❏ With bitcoin showing resilience to negative news flow, a strong bullish move is looking increasingly likely. ❏ CoinDesk

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

❏ The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments. ❏ CoinDesk

Crypto Markets Unphased by Latest ETF Withdrawal

❏ The cryptocurrency markets remain unphased as an ETF withdrawal announcement on Wednesday did little to affect bitcoin’s price. The Cboe BZX exchange has withdrawn a proposed rule change that would have otherwise paved the way for an ever-elusive bitcoin exchange-traded fund (ETF) backed by VanEck and SolidX. The announcement, however, did little to spur investors […] ❏ CoinDesk

US Government Shutdown Derailed Bitcoin ETF Talks, Says VanEck CEO

❏ The bitcoin ETF proposal was pulled due to the government shutdown, VanEck CEO Jan van Eck said Wednesday. ❏ CoinDesk

Cboe Withdraws Proposal for VanEck-SolidX Bitcoin ETF

❏ Cboe has withdrawn its hoped-for bitcoin ETF proposal, which faced a final deadline of Feb. 27 for approval. ❏ CoinDesk

Seed CX Launches Spot Bitcoin Trading in Bid for Big-Money Investors

❏ Chicago-based Seed CX has launched a bitcoin spot trading market for its major clients. ❏ CoinDesk

Gold Price May Offer Clues About Next Big Bitcoin Move

❏ Bitcoin traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices. ❏ CoinDesk

Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

❏ Blockchain technology firm Bitfury has announced a suite of business and development tools for bitcoin's lightning network. ❏ CoinDesk

Bakkt Makes Initial Hiring Push for Bitcoin Futures Exchange

❏ The hotly anticipated bitcoin futures platform plans to hire at least eight individuals in areas from sales to tech to finance. ❏ CoinDesk

Bitcoin’s Proof-of-Work Algorithm Needs Replacing, Argues BIS Study

❏ The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study. ❏ CoinDesk

Bitcoin Sees Longest Stretch of Price Consolidation Since October

❏ Bitcoin is witnessing the longest stretch of range-bound price activity in three months. ❏ CoinDesk

Bitcoin’s Price Counters the VIX, Confirming It’s Still a Risk Asset

❏ Bitcoin's price inversely correlates with the CBOE Volatility Index (VIX), meaning the premier cryptocurrency is still a risk-asset and not a safe haven. ❏ CoinDesk

South Korean Exchange Loses $5 Million in Accidental Bitcoin Airdrop

❏ South Korean exchange Coinneset reportedly lost around $5 million when it airdropped bitcoin and other cryptocurrencies instead of WGT. ❏ CoinDesk

This Former Bitcoin Price Support Is Now Capping Gains

❏ Bitcoin's weekly gains were wiped out at the weekend by a key moving average that previously offered support. ❏ CoinDesk

Bitcoin Price Consolidation May Have Weakened Bear Case

❏ Bitcoin's eight-day stretch of consolidation looks to have weakened the prospects of a drop back to December lows near $3,100. ❏ CoinDesk

You Can Now Buy Bitcoin at Some Grocery Stores in the US

❏ Supermarket kiosk chain Coinstar will allow consumers to buy up to $2,500 in bitcoin at select grocery stores. ❏ CoinDesk

Ethereum Co-Founder Joe Lubin Joins Board of Crypto Futures Platform ErisX

❏ ErisX is expanding its board as it prepares to launch spot and derivatives markets for bitcoin and, eventually, ethereum. ❏ CoinDesk

Bitcoin Price Volatility is Down 98% Year-on-Year

❏ Bitcoin's daily price volatility has plummeted in the last 12 months as the bear market killed off the speculative frenzy. ❏ CoinDesk

One Year Later, What’s Holding Back SegWit Adoption on Bitcoin?

❏ The scaling upgrade known as segregated witness, or SegWit, was activated on the bitcoin network over a year ago. But only an estimated 36 percent of all bitcoin transactions are using it. Why? ❏ CoinDesk

Bitwage Now Lets Firms Pay Salaried Staff in Crypto

❏ A new product from Bitwage makes it easier to handle payroll taxes when paying employees in bitcoin or ether. ❏ CoinDesk

Will Bitcoin’s Price Extend Its Four-Year January Losing Streak?

❏ Bitcoin has reported losses in January for the last four years, and a fifth now looks on the cards. ❏ CoinDesk

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

❏ Bankrupt bitcoin mining firm Giga Watt has said it's shutting down operations after its power was cut and facility access was blocked. ❏ CoinDesk

Bitcoin Futures Now Trading At Discount to Exchange Prices

❏ Bitcoin futures are trading below the cryptocurrency's spot price, signaling market participants have a bearish outlook on bitcoin over the coming months. ❏ CoinDesk

This Price Resistance Level May Hold Key to Bitcoin Bull Market

❏ If bitcoin breaks above a key moving average, it could be considered a sign a bearish-to-bullish trend change has begun. ❏ CoinDesk

How the US Government Shutdown Is Halting Crypto Progress on Wall Street

❏ A record-breaking government shutdown in the U.S. is pushing crypto policy decisions to the back burner. ❏ CoinDesk

Bitcoin Futures Market Bakkt Makes First Acquisition

❏ Bakkt acquired parts of Rosenthal Collins Group, an independent futures commission, to build up its risk management and regulatory compliance procedures. ❏ CoinDesk

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

❏ LedgerX is launching LXVX – a "Bitcoin Fear Index" similar to the VIX, a popular volatility benchmark in the stock market. ❏ CoinDesk

Bitcoin Risks Return to December Lows After Price Drop to $3.5K

❏ After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100. ❏ CoinDesk

Bitcoin Will Still Bite the Dust

❏ Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust.”  For more on bitcoin’s 10th anniversary, check out our new interactive feature Bitcoin At 10.  ————————————————————— Back in August 2014, I discovered that the bitcoin mining industry had […] ❏ CoinDesk

This Scaling Tech Could Let You Sync Bitcoin Straight From Your Phone

❏ A new approach to storing bitcoin's "state" could help significantly reduce storage requirements for users of the cryptocurrency. ❏ CoinDesk

I’m As Certain As Ever – Bitcoin’s Revolution Is Only Just Beginning

❏ I’ve been through the ups and downs with bitcoin, and I am as certain as ever that the bitcoin revolution is coming, says Tim Draper. ❏ CoinDesk

Bitcoin Price Looks South After Worst Daily Loss Since November

❏ Bitcoin’s price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100. ❏ CoinDesk

Google Policy Change Forces Bitcoin Wallet to Remove Security Features

❏ Privacy-focused bitcoin wallet Samourai announced that Google's "extremely restrictive policies" have forced exclusion of key security and privacy focused features from its application. ❏ CoinDesk

Bitcoin Price Tumbles 10% as Crypto Markets Flash Red

❏ The price of bitcoin fell more than 10 percent during Thursday's trading session as it erased much of its recent gains. ❏ CoinDesk

Bitwise Files for New Bitcoin ETF With SEC

❏ Bitwise Asset Management is planning a new effort at launching a bitcoin exchange-traded fund with NYSE Arca. ❏ CoinDesk

Bitcoin Price Slips Below $3.8K as Bullish Bets Tank

❏ Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices. ❏ CoinDesk

‘Bitcoin At 10: Untold Stories,’ CoinDesk’s First Interactive Multimedia Feature

❏ ❏ CoinDesk

Bullish Sentiment for Bitcoin Is at a 5-Month High

❏ The difference between long and short positions placed on bitcoin is at its highest level since Aug. 5. ❏ CoinDesk

New Bitrefill Service Aims to Make Lightning Payments Easy

❏ Now bitcoin users can send someone a lightning payment without the hassle of setting up channels. ❏ CoinDesk

Bitcoin Price Faces Minor Pullback as Indecision Creeps into Market

❏ Bitcoin could be in for a minor pullback, as the market seems to have turned indecisive near a key price resistance.  ❏ CoinDesk

The Case for a 2020 Bitcoin Bull Run

❏ In this educational op-ed, Pugilist Ventures' founder Christopher Brookins explains his main takeaways from the recent crypto market decline. ❏ CoinDesk

Bitcoin Miner Maker Canaan Considering New York IPO: Report

❏ China-based Canaan, the second largest manufacturer of bitcoin mining devices, is considering an IPO in the U.S., according to Bloomberg. ❏ CoinDesk

Looking North? Bitcoin Price Dip Forms Bull Flag Pattern

❏ Bitcoin's minor pullback from two-week highs could end up fueling a breakout above the key hurdle of $4,140. ❏ CoinDesk

Coinfloor to Relaunch Crypto Derivatives Exchange With Stablecoin Futures

❏ CoinfloorEX, a bitcoin futures market, has been spun off from its parent company and will relaunch next month with a stablecoin futures product. ❏ CoinDesk

Ether Markets Are Mimicking Bitcoin’s 2015 Price Bottom

❏ Ether's bitcoin market (ETH/BTC) is mimicking the market structure of bitcoin's bear market bottom in 2015, leaving some to wonder if a long term bottom is being printed. ❏ CoinDesk

Breakout Ahead? Bitcoin Closes on Key Price Hurdle

❏ Bitcoin's bears would be put on the back foot if prices climb past key resistance lined up at $4,140. ❏ CoinDesk

The Coming Bifurcation of Bitcoin

❏ Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem. ❏ CoinDesk

Back Above $4K: Bitcoin’s Price Hits a Two-Week High

❏ The price of bitcoin is trading above $4,000, its highest level in two weeks, a move that was backed by strong volume. ❏ CoinDesk

Bitcoin Payments Aren’t Dead, They’ve Just Gone Niche

❏ Accepting crypto payments can help niche businesses build deeper relationships with customers – as this real-world example shows. ❏ CoinDesk

$4K Ahead? Bitcoin’s Low-Volume Price Pullback Could Be a Bear Trap

❏ Bitcoin's recent pullback from highs above $4,200 could trap the bears on the wrong side of the market, the price-volume analysis indicates. ❏ CoinDesk

Bitcoin’s First Planned ‘Bank Run’ Is Today

❏ Participants in the "Proof of Keys" movement will be taking their money out of third-party bitcoin services, moving it to accounts only they control. ❏ CoinDesk

Overstock Will Pay Some of Its 2019 Taxes in Bitcoin

❏ Overstock.com plans to be the first major business to pay state taxes using bitcoin in Ohio. ❏ CoinDesk

The First Cryptocurrency to Use Mimblewimble Privacy Tech Is Now Live

❏ A new privacy coin called "Beam" just launched on mainnet. It's based on the highly-regarded "mimblewimble" white paper outlining support for confidential transactions and network anonymity on a blockchain. ❏ CoinDesk

Bitcoin Eyes Test of Key Price Hurdle in First Since November

❏ Bitcoin looks set to test the crucial 50-day simple moving average (SMA) for the first time since November 8. ❏ CoinDesk

Bitcoin Price Suffers Worst Monthly Losing Streak For 7 Years

❏ Bitcoin fell for the fifth month in a row in December, confirming its longest monthly losing streak since November 2011. ❏ CoinDesk

Down More than 70% in 2018, Bitcoin Closes It’s Worst Year on Record

❏ Bitcoin's price just finished its worst performing year ever, closing 2018 at a more than 70 percent lower price than its yearly open. ❏ CoinDesk