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Showing posts from March, 2019

Canadian Municipality Set to Accept Bitcoin for Property Tax Payments

❏ The Town of Innisfil, Ontario, will accept bitcoin for property tax payments from next month in a one-year trial project. ❏ CoinDesk

SEC Postpones Decision on Bitwise’s Bitcoin ETF Proposal

❏ The SEC has extended its review period of the Bitwise bitcoin ETF proposal, filed in conjunction with NYSE Arca. ❏ CoinDesk

Former Mt. Gox CEO Mark Karpeles to Appeal Data Conviction

❏ Mark Karpeles, former CEO of the collapsed bitcoin exchange Mt. Gox, is reportedly to appeal his conviction on data manipulation charges. ❏ CoinDesk

Bitcoin Price Hits 5-Week High With Chart Echoing 2015 Pre-Rally Pattern

❏ Bitcoin is slowly gaining altitude with a long-term lagging indicator flashing signs similar to those seen before the 2015 bull breakout. ❏ CoinDesk

Craig Wright’s nChain Is Hiring a Lawyer to ‘Prosecute’ Its Crypto Patents

❏ nChain, founded by self-styled bitcoin inventor Craig S. Wright, is looking for a patent counsel to manage its portfolio of blockchain-related IP. ❏ CoinDesk

Fake Volume on Crypto Exchanges Isn’t the Half of It

❏ Daniel Cawrey is CEO of Pactum Capital, a cryptocurrency investment firm focused on market making and liquidity. Formerly a CoinDesk Contributing Editor, he is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Recently, a report was produced by Bitwise Asset Management showing the existence of faked volumes in the bitcoin […] ❏ CoinDesk

Bitrefill Now Lets You Pay for Airbnb Rentals With 5 Cryptocurrencies

❏ Cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with bitcoin, ether and more. ❏ CoinDesk

Bitcoin Still Needs $190 Price Gain for Bull Reversal This Month

❏ A bull reversal would be confirmed if bitcoin closes March at levels above $4,190, price charts suggest. ❏ CoinDesk

Top Cap and Delta Cap: New Metrics for Spotting Bitcoin Price Trend Reversals

❏ Cryptocurrency researchers Willy Woo and David Puell released several new valuation metrics for bitcoin's price in February. Here's an overview. ❏ CoinDesk

New York Grants Its 18th BitLicense to Crypto ‘Prime Broker’ Tagomi

❏ NYDFS has awarded its 18th BitLicense to prime broker startup Tagomi Trading, allowing it to offer bitcoin, ether, litecoin and bitcoin cash trading services. ❏ CoinDesk

Lightning Offers Growth Path for Emerging-Market Crypto Exchanges

❏ Booted from India in a crypto banking crackdown, Zebpay is the latest exchange to use the lightning network to attract users. ❏ CoinDesk

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

❏ Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say.  ❏ CoinDesk

Bull Return? Bitcoin Again Rebounds From Strong Price Support

❏ Bitcoin has once more bounced from the 30-day moving average, thwarting a bearish move that saw prices drop below $3,920 on Monday.  ❏ CoinDesk

Bitcoin Probes Key Price Support Below $3.9K After Range Breakdown

❏ Bitcoin is on the defensive after a drop out of the recent trading range – now crucial support could turn into resistance. ❏ CoinDesk

Amazon-Owned Twitch Removes Crypto Payments for Subscriptions

❏ Amazon-owned live streaming video platform Twitch.tv has reportedly removed its cryptocurrency payment option for subscriptions. ❏ CoinDesk

A Bitcoin Lightning Web Standard, Inspired By Ethereum, Is Gaining Steam

❏ Sending bitcoin lightning payments over the web might soon get easier. That’s because a new bitcoin standard for simplifying lightning payments, the open-source WebLN standard, is gaining traction, now being used by Lightning Joule and Bluewallet, two of the more popular lightning wallets, as well as apps like Lightning Spin, to slim down the number […] ❏ CoinDesk

Bitcoin’s Trading Range Narrows In March to Hit Two-Year Low

❏ Bitcoin's daily volatility in March, measured as the difference between 24-hour highs and lows, is its lowest since April of 2017. ❏ CoinDesk

TrueDigital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates

❏ Institutional digital assets platform trueDigital has signed two new deals to expand the reach of its OTC reference rates for bitcoin and ether. ❏ CoinDesk

‘A Sad Joke’: Bitcoin Cash’s Lead Coder Quits Bitcoin Unlimited Project

❏ Amaury Séchet, a leading developer of bitcoin cash, is leaving one of the projects that paved the way for the controversial cryptocurrency. ❏ CoinDesk

Bitcoin Price Consolidation Continues, Downside Break Looks Likely

❏ Chart signals of bullish exhaustion suggest bitcoin's narrowing trading range could soon be breached to the downside. ❏ CoinDesk

Crypto Futures and Institutional Interest: Looking in the Wrong Place

❏ Cboe's suspension of bitcoin futures highlights a mistake we're all making when it comes to institutional involvement, argues Noelle Acheson. ❏ CoinDesk

How Lightning Makes Bitcoin Great Again (for Payments)

❏ Lightning Labs' Alex Bosworth talks about how the lightning network provides bitcoin's best hope for becoming the payments network of the future. ❏ CoinDesk

Satoshi Square: How Bitcoin Took Over a Park (And Then the World)

❏ Before we knew whether bitcoin was legal or illegal, a group on New Yorkers created an in-person meetup for people to buy, sell and trade the cryptocurrency. ❏ CoinDesk

You Can Now Donate to the Tor Project in 9 Different Cryptocurrencies

❏ The Tor Project is now accepting crypto donations directly, taking bitcoin, ether, monero, zcash and 5 others. ❏ CoinDesk

Bitcoin Futures Volume Is More Significant Than You Think, Bitwise Says

❏ The bitcoin futures market is far larger, relative to the spot market, than previously thought, says Bitwise Asset Management. ❏ CoinDesk

Mt Gox Creditors Warn Mass Sale Could Put Bitcoin Fork Prices At Risk

❏ A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange's civil rehabilitation. ❏ CoinDesk

Bitcoin Drops Back Below $4K But Bull Outlook Still Intact

❏ Bitcoin's short-term outlook will remain bullish as long as prices hold above key support at $3,920. ❏ CoinDesk

Overstock’s tZERO Exchange to Launch Bitcoin Trading App This June

❏ tZERO plans to launch its own mobile trading app for buying and selling bitcoin and, possibly, ether. ❏ CoinDesk

Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia

❏ Alleged bitcoin launderer Alexander Vinnik, who is wanted by several countries, has filed in Greece for extradition to Russia. ❏ CoinDesk

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

❏ Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself. ❏ CoinDesk

Bitcoin Price Charts Echo Pattern Seen Before Bull Reversal of 2015

❏ Bitcoin's 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015. ❏ CoinDesk

Mt. Gox Is Taking a Step Towards Paying Out Creditors

❏ The long-defunct bitcoin exchange Mt. Gox is finally moving toward settling creditors’ accounts in cryptocurrency or cash. ❏ CoinDesk

Lightning Labs Releases ‘Loop’ Feature for Bitcoin Payments Channels

❏ California startup Lightning Labs released today a new feature to improve usability of the bitcoin payment channel network, lightning. ❏ CoinDesk

Square Is Hiring New Crypto Engineers — And It Wants to Pay Them in Bitcoin

❏ Payments startup Square wants to bring on crypto-focused engineers and designers, and may pay them in bitcoin. ❏ CoinDesk

WSJ’s ShapeShift Exposé Overstated Laundering by $6 Million, Analysis Says

❏ Blockchain analytics firms say money laundering accusations against ShapeShift don't match up. ❏ CoinDesk

‘I’m Freaking Out’: How It Feels to Hold the Bitcoin Lightning Torch

❏ How does it feel to hold the famous bitcoin lightning torch? Diana Aguilar explains. ❏ CoinDesk

Casa-Branded Case Brings Military Tech to Bitcoin Wallet Protection

❏ Casa has just rolled out radio wave-screening "Faraday bags" as the ultimate cypherpunk accessory for bitcoin hardware wallets. ❏ CoinDesk

Blockstream Revamps ‘Green’ Wallet, Adding Security Features and Sidechain Support

❏ Blockchain technology startup Blockstream has revamped its wallet app, adding features that make storing bitcoin more secure and flexible. ❏ CoinDesk

Bitcoin Struggles to Pass Key Price Resistance Over $4K

❏ Bitcoin's bulls need to break key resistance at $4,040 to force a continued rally, the three-day chart indicates. ❏ CoinDesk

Binance Now Lets Australians Buy Bitcoin With Cash at Over 1,300 Stores

❏ Binance has unveiled a new platform in Australia that allows users to buy bitcoin with cash from 1,300-plus newsagent stores. ❏ CoinDesk

$25 Million in 2 Weeks: BlockFi Booms as Bitcoin, Ether Investors Seek Interest

❏ BlockFi CEO Zac Prince explains in depth how the startup manages the myriad risks of lending and borrowing crypto. ❏ CoinDesk

Bitcoin’s Share of Total Crypto Market Slips Back Toward 50%

❏ Bitcoin's share of the cryptocurrency market is on the verge of falling below 50 percent for the first time in over 7 months. ❏ CoinDesk

Bitcoin Faces Minor Price Retreat Amid Increasing Bull Exhaustion

❏ Bitcoin is showing signs of buyer exhaustion and could see a minor pullback unless resistance at $4,000 is scaled soon. ❏ CoinDesk

A Lightning API for Bitcoin Futures Data Has Launched

❏ An experimental service that allows users to pay for futures data from exchanges Kraken and BitMEX via the lightning network is now live. ❏ CoinDesk

An Old Resistance Hurdle Is Back and Could Stall Bitcoin’s Price Rally

❏ Bitcoin's four-week price rally now faces a former support-turned-resistance level that repeatedly capped gains in 2018. ❏ CoinDesk

Bitcoin’s Price and Network Activity: One is Outpacing the Other

❏ Active addresses on bitcoin's blockchain have increased 20 percent in recent weeks. So, why is the BTC price trading sideways? ❏ CoinDesk

When Bakkt? Bitcoin Futures Market’s Approval Appears Stuck in Limbo

❏ More than six months since ICE revealed its vision for Bakkt, the bitcoin futures market is still awaiting regulatory approval. ❏ CoinDesk

WATCH: I’m Turning My Hand Into a Bitcoin Wallet

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‘No Change’ to Bitcoin Futures Plans, CME Says, as Cboe Pulls Back

❏ CME says it has "no changes" in store for its bitcoin futures contract, following retrenchment by rival Cboe. ❏ CoinDesk

I Got the Mark of the Beast – And It Will Hold My Bitcoin

❏ There's a lot of overlap between bitcoiners and body hackers. CoinDesk editor Bailey Reutzel traveled to Austin, Texas to explore that crossroads and become a bitcoin holding (literally) cyborg. ❏ CoinDesk

Bitcoin Trading Volume Tops $11 Billion For First Time In Nearly a Year

❏ Daily bitcoin trading volumes topped $11 billion Friday, the most seen since April 2018. ❏ CoinDesk

Strong Bitcoin Volumes Bode Well for Price Breakout

❏ Bitcoin's current period of price consolidation may end with a bull breakout, price-volume analysis indicates. ❏ CoinDesk

Mt. Gox’s Mark Karpeles Found Guilty, Given 2.6-Year Suspended Sentence

❏ Mark Karpeles, former CEO of now defunct bitcoin exchange Mt. Gox, has been found guilty and given a suspended sentence of 2.6 years. ❏ CoinDesk

Cboe Puts Breaks on Bitcoin Futures Listing

❏ Cboe said it would not add a new bitcoin futures market for March, citing a need to review how it approaches the space. ❏ CoinDesk

Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants

❏ Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants. ❏ CoinDesk

Bitcoin Trades Flat While Altcoins Tease Bull Breakout

❏ Bitcoin's struggle for direction continues amid growing signs of a bull reversal in alternative cryptocurrencies. ❏ CoinDesk

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions

❏ A Singapore court has ruled crypto exchange Quoine liable for reversing trades for a total of 3,092 bitcoin by market maker B2C2. ❏ CoinDesk

Bitcoin Price Trapped in Key Make-or-Break Trading Range

❏ Bitcoin is trapped in a key trading range for the 13th week, with a break above the upper edge needed to confirm a longer-term bull reversal. ❏ CoinDesk

It’s Getting Harder to Send Bitcoin’s Lightning Torch – Here’s Why

❏ An experiment pushing the boundaries of crypto payments, bitcoin's Lightning Torch has become "a stress test of channel liquidity" due to its success. ❏ CoinDesk

4 Crypto Assets Break Above Key Moving Average, Leaving Bitcoin Behind

❏ A few well-known cryptocurrencies are currently trading above their 200-day moving averages, which is widely considered to be a sign of a healthy market, yet the long lime market leader bitcoin is not. ❏ CoinDesk

Bitcoin Will Soon See ‘Bull Cross’ in First Since Since August 2018

❏ A widely-followed bitcoin price indicator is about to turn bullish for the first time in seven months. ❏ CoinDesk

Bitcoin Mining Firm Canaan Raises Funds in ‘Hundred Million Dollars’

❏ Canaan Creative, the maker of Avalon miners has raised hundred million U.S. dollars in a new funding round, which values the firm at over $1 billion. ❏ CoinDesk

A Bitcoin Bull Market Is Still $350 Away

❏ Bitcoin needs to print a higher high above $4,236 to confirm a long-term bullish reversal, technical charts suggest. ❏ CoinDesk

Bulls Need Progress Soon as Bitcoin Stalls at Price Hurdle

❏ Bitcoin's repeated failure to beat resistance at $3,900 is a slight cause of concern for the bulls. ❏ CoinDesk

Fidelity Crypto Chief Says Hard Fork May Delay Firm’s Support for Ethereum

❏ Fidelity's crypto trading and custody business is live and supporting bitcoin, but adding ether might take a while. ❏ CoinDesk

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

❏ A startup formed by former Bitmain employees will offer crypto custody, OTC trading and lending. ❏ CoinDesk

Three Price Resistance Levels to Beat For Bitcoin Bulls

❏ Bitcoin still needs to beat several key resistance levels to confirm a longer-term bull reversal. ❏ CoinDesk

Binance’s Crypto BNB No Longer Tracks Bitcoin – And That’s a Big Deal

❏ The price trend of Binance Coin is significantly deviating from that of bitcoin and other well known cryptos as it continues to see rapid gains. ❏ CoinDesk

Bitcoin Eyes $4K After Erasing Monday’s Price Losses

❏ With bitcoin's quick reversal of the losses seen on Monday, the technical charts are again pointing to a rally to $4,000. ❏ CoinDesk

People Are Paying Bitcoin to Send Weird and Wild Messages Into Space

❏ You’re not sure where it will end up exactly or who will actually read it. But you type up a message, pay a couple of cents in bitcoin and click the “send” button. Your message zips through space – yes, space – then is broadcast out of a satellite, blanketing the world. The result? A […] ❏ CoinDesk

Bitcoin Seeking Gains After Retaking Key Price Support

❏ Bitcoin has returned above crucial support at $3,700 and could bounce higher if it can defend that level. ❏ CoinDesk

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

❏ Bitcoin miners in China are betting that abundant water this summer will make their business profitable again. ❏ CoinDesk

Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year

❏ Bitcoin's MACD histogram is registering its highest value since January of 2018, which suggests bitcoin's price may have already bottomed out. ❏ CoinDesk

Bitcoin Coders Send International Lightning Payment Over Ham Radio

❏ In what appears to be a first-of-its-kind transaction, developers have successfully sent a bitcoin lightning payment over radio waves. ❏ CoinDesk

Buzzworthy Bitcoin Betting Game Hxro to Add Thousands of Waitlisted Users

❏ In beta since January, bitcoin betting game Hxro is adding thousands of waitlisted users today. ❏ CoinDesk

Bitcoin’s Lightning Torch Enters Iran as Payment Experiment Blazes On

❏ Bitcoin's lightning torch has made it to Iran – a milestone participants feel shows the payment network's censorship resistance. ❏ CoinDesk

3% Bitcoin Price Drop Puts a Dent in Short-Term Bullish Outlook

❏ Bitcoin has taken a knock Monday and the sell-off could intensify if key support near $3,650 is breached. ❏ CoinDesk

Another Bitcoin Indicator Signals Price Bottom May Be Forming

❏ A technical indicator, which incorporates both bitcoin's price and trading volume, is signaling the cryptocurrency may have bottomed in December. ❏ CoinDesk

The History of HODL & Bitcoin’s Best Worst Trader

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$100 Million Short: QuadrigaCX Audit Can’t Account for 26K Missing Bitcoin

❏ QuadrigaCX's court-appointed monitor has finally provided blockchain addresses for the exchange's cold bitcoin wallets. They're nearly empty. ❏ CoinDesk

Angry Bitcoin Fans Delete Coinbase Accounts to Protest Neutrino Acquisition

❏ Upset Coinbase users are closing their accounts after the crypto exchange acquired an analytics startup with a controversial past. ❏ CoinDesk

Blockstream Releases Lightning Upgrade With New ‘Plugin’ Functionality

❏ New improvements to an existing code repository are set to make it easier for developers to build their own features into bitcoin's lightning network. ❏ CoinDesk

Mark Karpeles Fails to Halt US Court Case Over Mt Gox Losses

❏ The former CEO of collapsed bitcoin exchange Mt. Gox has been refused a motion to stay a U.S. court case brought by former investors. ❏ CoinDesk

Bitcoin Awaits Decisive Price Move as Trading Range Tightens

❏ Bitcoin has witnessed indecisive trading in the last 48 hours and would turn bullish again if prices rise above $3,900. ❏ CoinDesk

Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

❏ The U.S. Federal Reserve could soon include a bitcoin market crash as one of the risks to take into account when conducting stress tests. ❏ CoinDesk

Early AlphaPoint Employee Goes Full Bitcoin, Joins Casa

❏ Michael Haley has left security token platform AlphaPoint for crypto custody provider Casa, saying he wants “to get back into good old bitcoin.” ❏ CoinDesk

MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February

❏ Bitcoin may have ended a six-month losing streak in February, but MKR, THETA, ENJ and MET ensure it wasn't the crypto market's biggest winner. ❏ CoinDesk

Bittrex Leads $1.5 Million Seed Round in South African Crypto Exchange VALR

❏ South Africa's VALR exchange is launching March 1, expanding bitcoin access across the continent. ❏ CoinDesk