Posts

Showing posts from June, 2019

Bridging the Gap Between Bitcoin and Global Regulators

❏ We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin'ichirio Matsuo. ❏ CoinDesk

Craig Wright Spars With Kleiman Lawyers in Combative Courtroom Appearance

❏ It was an emotional day for the self-professed creator of bitcoin as he testified in the on-going Kleiman lawsuit. ❏ CoinDesk

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

❏ Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories. ❏ CoinDesk

Bitcoin Heading for Fifth Month of Gains Despite Price Correction

❏ Bitcoin is on track to close in the green for the fifth straight month, despite having witnessed a double-digit technical correction in the last 36 hours. ❏ CoinDesk

Down $1.7K: Bitcoin Dives While Altcoins Rise

❏ Bitcoin is down more than $1,700 since yesterday after a violent sell-off rocked the markets, catching a lot of traders off-guard, while altcoins continue to rise. ❏ CoinDesk

ShapeShift Founder Says His Service Will Support Libra

❏ Erik Voorhees thinks that Facebook's currency will be a gateway for bitcoin adoption. ❏ CoinDesk

Bitcoin Price Takes Another Tumble, Shedding Nearly $1,000 in 20 Minutes

❏ The overall crypto market has shed some $80 billion over the past 24 hours. ❏ CoinDesk

Watch CoinDesk LIVE All Day: Bitcoin in FLUX

❏ We will be live all day talking about Bitcoin in Flux. Join us to talk about pricing, predictions, and commentary. ❏ CoinDesk

Snowden: “The Most Important Thing Bitcoin Is Missing Right Now Is Privacy”

❏ Snowden used bitcoin to buy encrypted services to talk with journalists in 2013 ❏ CoinDesk

tZero’s New Wallet Lets Users Trade Bitcoin and Ethereum

❏ The wallet supports iOS for now but will expand into Android soon. ❏ CoinDesk

Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018

❏ Bitcoin is witnessing a technical correction a day after printing the biggest one-day trading range since the start of last year. ❏ CoinDesk

It’s Now Harder to Mine Bitcoin Than Ever Before

❏ Bitcoin mining has become competitive than ever, new network data shows. ❏ CoinDesk

Bitcoin Price Gains for 8th Straight Session, Extending 2019’s Longest Streak

❏ Bitcoin is back on the rise after recovering from a sharp sell-off yesterday evening, currently up $1,400. ❏ CoinDesk

Coinbase Hit With Outage As Bitcoin Price Drops $1.8K in 15 Minutes

❏ Coinbase went down briefly on Wednesday afternoon, coinciding with a massive sell-off in bitcoin's price. ❏ CoinDesk

Self-Proclaimed Bitcoin Creator Craig Wright to Take the Stand in Kleiman Lawsuit

❏ Steve Shadders, who sees the "Satoshiness of Wright," will testify as a factual witness alongside Wright himself. ❏ CoinDesk

Above $13K: Bitcoin’s Price Extends 2019 Gains to 17-Month Highs

❏ Bitcoin’s price has refreshed 17-month highs in the U.S. trading hours with a move above $13,000. CoinDesk’s Bitcoin Price Index is currently trading at 13,020, the highest level seen since mid-January 2018, having surpassed the Asian session high of $12,919 at roughly 17:30 UTC. With the rise above $13,000, bitcoin has taken the cumulative month-to-date gains […] ❏ CoinDesk

Coinsource Adds Dai Stablecoin to Bitcoin ATM in Preparation Remittance Roll-Out

❏ Coinsource will be updating all of its 230 machines in 29 US states and the District of Columbia in a push to create a remittance system. ❏ CoinDesk

Six Arrested Over Cloned Crypto Exchange That Stole €24 Million

❏ Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims. ❏ CoinDesk

Bitcoin’s Price Is Up 43% in 7 Days as Bull Frenzy Grips Market

❏ Bitcoin’s surging price over the last week is reminiscent of the bull market frenzy observed a year and a half ago. ❏ CoinDesk

Bitcoin Hits 17-Month High Above 12.9k

❏ Bitcoin has risen above $12,900 for the first time since Jan. 21, 2018 to break a new high for 2019 at $12,337. ❏ CoinDesk

Tim Draper Is Bullish On Argentina’s Blockchain Tech Potential

❏ Draper and the Argentinian president bet that bitcoin would overtake the peso. He might be right. ❏ CoinDesk

Bitcoin’s Share of $350 Billion Crypto Market Highest Since 2017

❏ Bitcoin has done it again, hitting a new 2019 high at $11,788, before retracing slightly. ❏ CoinDesk

Square Is Expanding Access to Bitcoin Deposits for Cash App Users

❏ Square is rolling out bitcoin deposits for its Cash App, supplementing the buy, sell and transfer options. ❏ CoinDesk

SEC Begins Accepting Public Comments on ETF Backed by Bitcoin and T-Bills

❏ The SEC has kicked off a public comment period for a proposed ETF backed by bitcoin and T-bills. ❏ CoinDesk

Bitcoin’s Price Rises Above €10K in First Since January 2018

❏ Bitcoin's price topped €10,000 on Tuesday, hitting the highest level seen since late January 2018. ❏ CoinDesk

Bitcoin Startup Lolli Looks to Global Expansion With Hotels.com Partnership

❏ The bitcoin rewards app Lolli is going global in 2019, starting with the travel industry. ❏ CoinDesk

CFTC Approves LedgerX to Settle Futures in Real Bitcoin

❏ LedgerX just got the green light from the CFTC to offer physically settled bitcoin futures to retail investors. ❏ CoinDesk

Demand for New Bitcoin Miners Is Again Outstripping Supply

❏ Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October. ❏ CoinDesk

Bitcoin Buying Pressure Hits 2-Month High as Price Tops $11.4K

❏ Bitcoin’s price rose to fresh 15-month highs today with a key technical indicator pointing to the strongest buying pressure in over two months.  ❏ CoinDesk

Bitcoin IRA, BitGo Launch IRA Composed Entirely of Crypto

❏ The new self-directed crypto retirement plan features $100 million in insurance protections and lower fees. ❏ CoinDesk

Bitcoin on Track for Best Second Quarter Price Gain on Record

❏ Bitcoin appears to be powering to the best second quarter price gain on record and the best quarterly performance overall since late 2017. ❏ CoinDesk

Bitcoin Tests $11.3K With Fresh 2019 Highs

❏ Bitcoin has broken yet another 2019 record, reaching as high as $11,284, before conceding to a short-term period of profit taking. ❏ CoinDesk

Meeting Bitcoiners Online When They Live in the Same City

❏ Bitcoin developer Mark "Murch" Erhardt tells CoinDesk about the most surprising interaction he ever had in his years of running the Bitcoin Stack Exchange. Turns out the crypto world *is* that small! ❏ CoinDesk

Bitcoin Price Tops $10K for First Time Since 2018

❏ Bitcoin's price passed five digits on cryptocurrency exchanges for the first time in 15 months. ❏ CoinDesk

Where to Find the Rising Stars of Bitcoin’s Developer Community

❏ The Chaincode Labs summer residency program shows how decentralized software development evolves. ❏ CoinDesk

Wright Has Not Disclosed Full Bitcoin Holdings Per Court Order, Says Plaintiff’s Representation

❏ Self-professed bitcoin founder Wright may be held in contempt of court. ❏ CoinDesk

Bitcoin Price Eyes $10K After Erasing 40% of Bear Market Drop

❏ Bitcoin has erased 40 percent of the sell-off seen in the 12 months to December 2018 and looks set to rise above $10,000. ❏ CoinDesk

Coinmine, the Entry-Level Crypto Mining Rig, Gets Bitcoin Support

❏ The one-tap miner now supports ethereum, zcash, grin, and monero alongside BTC. ❏ CoinDesk

Bitcoin Price Breaches $9.6K to Hit 400-Day High

❏ At 18:00 UTC on June 20, the world’s largest cryptocurrency by market capitalization broke from a bullish triangle pattern on the daily chart, after being held beneath $9,348 for an extended period of time. ❏ CoinDesk

Bitcoin ATMs Go Live at 20 Circle K Convenience Stores

❏ The company has expanded to 250 locations in 25 states. ❏ CoinDesk

Lightning Labs Mobile App Gets 2,000 Downloads in 24 Hours

❏ The new mainstream-friendly mobile wallet from Lightning Labs saw 2,000 downloads on Day 1. Next up for the company: merchant services. ❏ CoinDesk

Craig Wright Provides New Details on Bitcoin Trust at Heart of US Lawsuit

❏ A court document filed on May 8 details Craig Wright's bitcoin holdings prior to Dec. 31, 2013. ❏ CoinDesk

Bitcoin Price Rally Stalls as Open Futures Hit Record Highs

❏ Bitcoin is struggling to find acceptance above $9,300 even as futures listed on the Chicago Mercantile Exchange are witnessing record open bets – a sign of increased institutional interest. ❏ CoinDesk

‘Hard Core Fund’ Collects 50 BTC to Support Bitcoin Developers

❏ This bitcoin evangelist is bridging the gap between the Asian mining industry and global open source developers. ❏ CoinDesk

Bitcoin’s Price Snaps Longest Daily Winning Run Since July 2018

❏ Bitcoin's price fell on Tuesday, snapping the longest daily winning streak since July 2018. The long-term outlook, however, remains bullish. ❏ CoinDesk

$200,000 in Bitcoin Seized in Dark Net Drug Probe

❏ In total, authorities seized 20 kilograms of MDMA, over seven kilograms of Ketamine, over 10,000 Xanax pills, and more than $100,000 in cash. ❏ CoinDesk

Facebook’s Cryptocurrency Is a Nail in the Coffin for Blockchain Not Bitcoin

❏ Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world are […] ❏ CoinDesk

CFTC Lawsuit Alleges $147 Million in Bitcoin Defrauded from Trading Scheme Investors

❏ 22,858.822 bitcoin were misappropriated under Control-Finance's Ponzi-like scheme. ❏ CoinDesk

A New Bitcoin Exchange Point On the Colombian-Venezuelan Border Will Help Refugees

❏ Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela. ❏ CoinDesk

Facebook’s Cryptocurrency Wants to Take on Banks, Not Bitcoin

❏ George McDonaugh is CEO and co-founder of KR1 plc, a London listed cryptocurrency and blockchain investment company. Facebook is creating its own cryptocurrency – something that even those of us necking the crypto Kool Aid back in the early bitcoin days never in our wildest dreams thought would happen. The details are emerging, but what […] ❏ CoinDesk

Binance to Launch Bitcoin-Pegged Token on Its Own Blockchain

❏ Binance will issue a number of tokens pegged to leading cryptocurrencies on Binance Chain to boost the number of trading options on its platform. ❏ CoinDesk

Bitcoin Price Unfazed By Unveiling of Facebook’s Libra Crypto

❏ Bitcoin is struggling to gather upside traction following Facebook's official announcement of its Libra cryptocurrency project. ❏ CoinDesk

Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

❏ Cryptocurrency, at scale. That's Facebook's vision as laid out in the long-awaited, just-released Libra white paper. ❏ CoinDesk

Bitcoin Is Hedge Against Global Liquidity Crises: Grayscale Study

❏ Bitcoin has a distinct set of properties unlike any other asset, argues the world's largest cryptocurrency asset manager. ❏ CoinDesk

Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain

❏ “This initiative is an answer to great transformation”, the regulators said. ❏ CoinDesk

Breez Reveals Lightning-Powered Bitcoin Payments App for iPhone

❏ Now in beta for the iPhone, Breez's app harnesses lighting, Neutrino and atomic swaps to make bitcoin P2P payments feasible for daily transactions. ❏ CoinDesk

3 Reasons Bitcoin’s Price is Rallying Above $9K

❏ Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. Here's three likely reasons why. ❏ CoinDesk

Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool

❏ Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin. ❏ CoinDesk

Above $9.3K: Bitcoin’s Price Prints 13-Month High

❏ Bitcoin's price rose to 13-month highs above $9,300 on Sunday, taking cumulative weekly gains to 17 percent. ❏ CoinDesk

Bitcoin Surpasses 1 Million Daily Active Addresses

❏ The last time Bitcoin shot past 1 million daily active addresses was in November, 2017. ❏ CoinDesk

I Was Reddit’s First (And Only) Cryptocurrency Engineer

❏ Before his move to supporting Craig Wright's bitcoin SV, Ryan X Charles describes his short-lived tenure at reddit and the trolls who made his life hell. ❏ CoinDesk

Crypterium Introduces Global Crypto Payments Card

❏ The card offers zero fees for bitcoin, ethereum, and litecoin transactions. ❏ CoinDesk

Facebook’s GlobalCoin May Be A ‘Historic Initiative,’ Say RBC Analysts

❏ Analysts are bullish on Facebook's upcoming blockchain product. ❏ CoinDesk

Jack Dorsey Hints at How Square Crypto May Help With Bitcoin Development

❏ Twitter and Square CEO Jack Dorsey has revealed more details about the role Square Crypto might play in boosting bitcoin development. ❏ CoinDesk

Startups Debut First Protocol for Issuing Tokens via Bitcoin’s Lightning Network

❏ The first protocol for issuing tokens via bitcoin’s lightning network is aimed to rival ethereum's ERC-20. But that's a tall order. ❏ CoinDesk

Bull Trap? Bitcoin’s Price Rise to $8,300 Isn’t Backed by High Volumes

❏ A clear divergence between prices and trading volumes on the charts suggests bitcoin’s recent $800 rally could be short-lived. ❏ CoinDesk

Bakkt Reveals Bitcoin Futures Contract Details Ahead of July Test Date

❏ Bakkt will begin user testing of its bitcoin futures contracts on July 22, revealing new contract specifications on Thursday. ❏ CoinDesk

Bitcoin Startup Bitrefill Raises $2 Million Seed Round for Worldwide Expansion

❏ The lightning-centric bitcoin startup plans to use this funding to expand services to almost every country in the world by 2020. ❏ CoinDesk

Bitcoin Price Eyes Chart Pattern That Kicked Off Bull Market in 2015

❏ Bitcoin is about to see a key bullish cross of two moving averages the first time in nearly four years. ❏ CoinDesk

Could Bitcoin’s Lightning Power Mobile Communications? This Startup Thinks So

❏ New research from mobile mesh networking company goTenna explores how bitcoin's lightning network can help decentralize mobile communications. ❏ CoinDesk

Square Hires Ex-Google Director as First Member of New Crypto Team

❏ Square has hired former Google director and Bitcoin Optech contributor Steve Lee as the first member of its new crypto team. ❏ CoinDesk

Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

❏ “I don’t know what Bitcoin is,” Brazilian President Jair Bolsonaro says even as his administration eyes blockchain projects. ❏ CoinDesk

Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

❏ Bitcoin is lacking a clear directional bias for the eighth consecutive day as litecoin continues to surge. ❏ CoinDesk

‘It Feels Like Family’: Bitcoiners Gather for Security Conference in Amsterdam

❏ For Breaking Bitcoin 2019, technologists gathered in Amsterdam to explore the future of bitcoin. ❏ CoinDesk

No Man’s Land: Bitcoin Price Locked in $600 Range for Seventh Day

❏ Bitcoin's struggle for direction continues with prices locked in a tight range for a week. ❏ CoinDesk

Fraud-Fighting ‘Watchtowers’ Are Coming With the Next Big Lightning Release

❏ So-called lightning network “watchtowers” — a much-anticipated next step for securing the network — are coming soon. Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re crucial for squashing fraud on the experimental, off-chain network that could make bitcoin payments faster and more scalable. With version 0.7 of the LND software […] ❏ CoinDesk

Michael Ford Named Newest Bitcoin Core Code Maintainer

❏ Long-time Bitcoin Core contributor Michael Ford has been named the newest maintainer of the open-source software project. ❏ CoinDesk

Bitcoin Users Perform What Might Be The Largest ‘CoinJoin’ Ever

❏ The startup behind the privacy-centric bitcoin app Wasabi Wallet recently brought together 100 people to collectively execute a "CoinJoin" transaction. ❏ CoinDesk

Bitcoin’s Price Is Just $300 Away From a Short-Term Bear Reversal

❏ Bitcoin's bulls need to keep prices above key support at $7,432 to avert a short-term bearish reversal. ❏ CoinDesk

Samourai, Nodl to Launch Bitcoin Lightning Node With Mixing Features

❏ A new hardware partnership is helping the team behind Samourai Wallet extend their obsession with privacy to the world of bitcoin nodes. ❏ CoinDesk

Why Academics Love Bitcoin – and Crypto

❏ For academics, bitcoin, and more broadly crypto, is an exciting space where the ideas they write up in papers actually get built and tested. ❏ CoinDesk

I Started the Silk Road Wikipedia Page (Because Bitcoin)

❏ Online black marketplace Silk Road had quite the effect on bitcoin, being one of the technology's biggest use cases in the early days, and for a while it didn't have its own Wikipedia page – until this man. ❏ CoinDesk

Stolen Bitfinex BTC Is on the Move

❏ Untouched since 2016, $1.37 million of stolen bitcoin changed wallets Friday. ❏ CoinDesk

Bitcoin Trade Volume on Coinbase Hit a 14-Month High in May

❏ Coinbase recorded its most bitcoin trade volume in 14-months during May when over 739,000 bitcoin's traded hands, worth approximately $5.9 billion in today's value. ❏ CoinDesk

Vancouver Saw the First-Ever Bitcoin ATM. Now Its Mayor Wants to Ban Them

❏ The decision will affect 76 machines within the city limits. ❏ CoinDesk

May Was Best Month for CME Bitcoin Futures Volume Since 2017

❏ May 2019 was the best month for CME bitcoin futures volume since launch in 2017. ❏ CoinDesk

Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K

❏ Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend.  ❏ CoinDesk

What to Expect When the IRS Alters Its Bitcoin Tax Policy

❏ Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for. ❏ CoinDesk

S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency

❏ S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey. ❏ CoinDesk

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

❏ Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February. ❏ CoinDesk

ConsenSys Capital Co-Founder Departs to Bring Wall Street Money to Ethereum

❏ Andrew Keys is moving to DARMA Capital, where he intends to help investors generate returns on their ethereum and bitcoin holdings. ❏ CoinDesk

Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support

❏ A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900. ❏ CoinDesk

Bitcoin’s 2019 Price Run Driven By Real Transaction Growth, Analysis Shows

❏ Bitcoin's TAAR (transaction amount to active addresses ratio) is hovering around 7-month highs, potentially adding a fundamental validation to bitcoin's latest price growth. ❏ CoinDesk

‘Gold Is Superior To Bitcoin,’ Say People Who Sell Gold

❏ The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies. ❏ CoinDesk

Mark Karpeles: Why Bitcoin’s Security Tech Needs an Update

❏ The disgraced crypto CEO Mark Karpeles has a new book and a new mission: to secure bitcoin. ❏ CoinDesk

Bitcoin Recovers From 2.5-Week Lows But Price Outlook Remains Bearish

❏ Bitcoin’s ongoing corrective bounce could be short-lived, as the charts are signaling a short-term bullish-to-bearish trend change. ❏ CoinDesk

Lightning Network Pioneer Releases New Code for Bitcoin Scaling Concept

❏ Co-author of the lightning network white paper Tadge Dryja has released new code for a proposed scaling solution he's been working on for a year. ❏ CoinDesk

‘Badger Wallet’ for Bitcoin Cash Launches On iOS

❏ Badger Wallet, a popular BCH storage app, is coming to iOS. ❏ CoinDesk

Long-Term Support Level May Struggle to Revive Bitcoin Price Rally

❏ Bitcoin’s price pullback seems to have stalled near historically strong support, but a bounce, if any, could be shallow. ❏ CoinDesk

Bitcoin Below $8,000 – Price Sheds $700 in Two Hours

❏ Bitcoin has once again fallen beneath $8,000 amid a sharp sell-off that saw prices drop to as low as $7,090 according to Coindesk data. ❏ CoinDesk

Open Bets On CME’s Bitcoin Futures Hit Record High

❏ CME Bitcoin Futures have hit a record high in open interest at 5,190, up seven percent on the week prior, data from the CFTC shows. ❏ CoinDesk

Encrypted Email Service Launches on Blockstack With Bitcoin Features

❏ An Egyptian web firm is building Dmail on Blockstack to bring bitcoin-friendly privacy tech to the Middle East. ❏ CoinDesk

Samourai Wallet Raises First Funding Round in Fight Against Bitcoin Surveillance

❏ The team behind the privacy-centric Samourai Wallet has received a $100,000 investment to expand its offerings. ❏ CoinDesk

Bitcoin Faces Price Pullback as Signs of Longer-Term Bull Exhaustion Emerge

❏ Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019. ❏ CoinDesk

Bitcoin’s First Public Mining Pool Is Rebranding

❏ The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is perhaps less well-known than Slush Pool, one of the largest bitcoin mining pools as it makes up more than 9 percent of the cryptocurrency’s hashrate today. Yet Braiins has been operating it […] ❏ CoinDesk

Why Bitcoin’s ‘Culture War’ Matters

❏ Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. Let’s talk about bitcoin, toxicity and inclusiveness. (Boy, my Twitter feed is going to have fun over the next few days.) To start with, let me take a position: I stand with those […] ❏ CoinDesk

Can Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

❏ A bar in Japan is teaming up with a locally-based lightning startup to let customers pay using the experimental payments network. ❏ CoinDesk

Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth

❏ A new paper outlines a proposed protocol that seeks to boost the bandwidth for bitcoin nodes. ❏ CoinDesk

Bitcoin SV Was the Best Performing Cryptocurrency in May – And it Wasn’t Close

❏ The cryptocurrency markets saw rapid growth in May, with quite a few tokens – including bitcoin SV – outshining bitcoin. ❏ CoinDesk