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Showing posts from July, 2019

Beating Bakkt, LedgerX Is First to Launch ‘Physical’ Bitcoin Futures in US

❏ LedgerX has launched the first physically-settled bitcoin futures contracts in the U.S., beating Bakkt to the punch. ❏ CoinDesk

Bitcoin on Track to Post First Monthly Price Loss Since January

❏ Bitcoin looks set to end its five-month winning run with a 9 percent price drop in July. ❏ CoinDesk

Fold App Adds Bitcoin ‘Kickbacks’ for Purchases at Target, Starbucks

❏ Mobile shoppers can earn bitcoin for purchases from Amazon, Starbucks, and Target, just to name a few.  ❏ CoinDesk

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

❏ Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources. ❏ CoinDesk

Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia

❏ An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals. ❏ CoinDesk

WATCH: Metal Pay CEO Says He Isn’t a Bitcoin Maximalist

❏ Cypherpunk and CEO of Metal Pay, Marshall Hayner, thinks regulation is coming one way or another and that the best thing to do is keep an open mind and get educated. ❏ CoinDesk

Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules

❏ Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse. ❏ CoinDesk

Bitcoin’s Largest Wallet Blockchain Just Launched Its First Crypto Exchange

❏ Bitcoin wallet provider and blockchain explorer Blockchain just launched its first exchange platform, the PIT. ❏ CoinDesk

Golden Cross Provides Glimmer of Hope for Bitcoin Price Revival

❏ Bitcoin's bulls have reason to be optimistic despite the recent 33 percent price drop, as a long-term technical indicator has turned bullish. ❏ CoinDesk

BitFlyer launches ‘Simple’ Bitcoin Buying and Selling Service for EU Market

❏ The European arm of Japan-based cryptocurrency exchange bitFlyer has launched a bitcoin buying and selling service aimed to be easy to use. ❏ CoinDesk

Crypto Exchange and Custodian Smart Valor Goes Live in Switzerland

❏ With $3.25 million in new funding, Smart Valor says it's launching the first regulated bitcoin exchange in crypto-friendly Switzerland. ❏ CoinDesk

Square Crypto Lead: ‘The Product We’re Focusing on Is Bitcoin’

❏ In a Twitter AMA on Monday, Square Crypto made it clear that its focus is on building for bitcoin, not for Cash App. ❏ CoinDesk

Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal

❏ A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York. ❏ CoinDesk

Bitcoin Faces Sub-$9K Price Move as Bear Trend Strengthens

❏ Bitcoin is continuing to feel the brunt of the short-term bearish trend, with charts calling a move to $9,100 and possibly lower. ❏ CoinDesk

200-Year-Old Passport Printing Firm Launches Hardware Crypo Wallet

❏ An Austrian printing company that has history going back to the early 1800s has launched a secure bitcoin storage device. ❏ CoinDesk

Perverse Outcomes: FATF, Bitcoin and Financial Exclusion

❏ How do we break a vicious cycle of KYC and financial exclusion? The answer may lie in blockchain technology’s own capacity to track transfers. ❏ CoinDesk

Bitcoin-Rewards App Lolli Expands to 900 Retail Locations

❏ CEO Alex Adelman says the average Lolli user has earned $26 in bitcoin rebates. ❏ CoinDesk

Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network

❏ The lightning network, seen as the future of bitcoin payments, is now a bit easier to monitor. This Wednesday, Lightning Labs released a new network analysis tool dubbed “Lndmon” that bitcoin lightning network users can use to pull up data about the state of their node and the rest of the network. The offering features […] ❏ CoinDesk

Bull Case for Bitcoin Weakest Since February, Price Indicator Says

❏ The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator. ❏ CoinDesk

DOJ Says Bitcoin Escrow Firm Bilked Investors for $7 Million

❏ U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million.  ❏ CoinDesk

Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report

❏ Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions. ❏ CoinDesk

Bitcoin Price Retakes $10K But Remains Short of Bull Revival

❏ Bitcoin is back above $10,000, but the technical charts indicate a bull revival is still $1,000 away. ❏ CoinDesk

Norwegian Air to Accept Bitcoin Through Exchange Set up By Founder

❏ Business magnate Bjørn Kjos and his family have reportedly set up a crypto exchange and plan to offer bitcoin payments at Norwegian Air Shuttle. ❏ CoinDesk

New Jersey Man Indicted Over Unlicensed Bitcoin Exchange

❏ A resident of New Jersey has been charged with running an unlicensed bitcoin exchange service called Destination Bitcoin. ❏ CoinDesk

Andrew Yang Super PAC Will Accept Lightning-Powered Bitcoin Donations

❏ Supporters of presidential candidate Andrew Yang can now send bitcoin donations to a new super PAC via the Lightning Network. ❏ CoinDesk

TD Ameritrade CEO: We’re Taking ‘Crawl, Walk, Run’ Approach to Crypto

❏ The firm's early investment in derivative platform ErisX may enable the firm to expand their crypto investment opportunities. ❏ CoinDesk

US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin is Bleak

❏ Secretary Steven Mnuchin said, "I will personally not be loaded up on bitcoin in 10 years.” ❏ CoinDesk

REPORT: People in US Trust Bitcoin More Than Facebook’s Libra

❏ Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey. ❏ CoinDesk

Tech Retailer Newegg Expands Bitcoin Payments to Another 73 Nations

❏ Online electronics and software retail giant Newegg has expanded its bitcoin payments option to a host of new countries in partnership with BitPay. ❏ CoinDesk

Bitcoin Faces Further Price Losses After Breaching Long-Term Support

❏ Bitcoin is on the defensive for the fourth straight day and may be facing a further drop toward $9,050. ❏ CoinDesk

Bitcoin Drops Below Long-Term Price Support at $10K

❏ Bitcoin fell below key support above $10,000 earlier today and could be facing a deeper drop, according to price and volume analysis. ❏ CoinDesk

Iran Legalizes Crypto Mining

❏ Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates. ❏ CoinDesk

Bakkt Is Scheduled to Start Testing Its Bitcoin Futures Contracts Today

❏ Bakkt is scheduled to begin testing its bitcoin futures contracts Monday, more than six months after its originally planned launch date. ❏ CoinDesk

Bitcoin Price Ends Longest Losing Streak Since December

❏ Bitcoin ended its longest losing streak in seven months over the weekend, but the outlook still remains bearish. ❏ CoinDesk

Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals

❏ While some traders prefer to watch multiple indicators for buy signals on their charts, others prefer a simpler setup like the Awesome Oscillator. ❏ CoinDesk

Could Donald Trump Ban Bitcoin?

❏ He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation. ❏ CoinDesk

UK Thieves Burgle Bitcoin Center, Find Zilch

❏ A bold maneuver in the dark nets a group of wannabe crypto thieves in Birmingham, U.K., very little. ❏ CoinDesk

What It’s Like to Review Bitcoin’s Code

❏ CoinDesk dives deep into the complex process of reviewing code for the Bitcoin Core software. ❏ CoinDesk

Short of Target: Bitcoin’s $1K Rally Still Leaves Bear Bias Intact

❏ Bitcoin (BTC) has rallied sharply in the last 24 hours, but the bulls must still beat key resistance just over $11,000. ❏ CoinDesk

Bitcoin Ransomware That Infiltrated 100 US Enterprises Spreads to China

❏ Bounties demanded by the Ryuk hackers reach upwards of $5 million to be paid in bitcoin, according to the FBI. ❏ CoinDesk

Bitcoin Price Jumps $1K In 30 Minutes to Top $10,000 Again

❏ Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising to $10,400. ❏ CoinDesk

LibertyX Surpasses 1,000 Bitcoin ATMs Across the U.S.

❏ The first crypto ATM provider in the U.S. passed this milestone after expanding to 90 new locations in Arizona and Nevada. ❏ CoinDesk

Bitcoin Bounce Capped by $10K Price Resistance

❏ Bitcoin's recovery from one-month lows looks to have stalled near $10,000 and may be short lived. ❏ CoinDesk

Coder Proposes Alternative to Bitcoin’s ‘Notoriously Unreliable’ Testnet

❏ Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin's test network. ❏ CoinDesk

Sexual Misconduct Allegations Emerge Against Bitcoin Coder Peter Todd

❏ New court filings have accused former Bitcoin Core contributor Peter Todd of sexual misconduct. ❏ CoinDesk

Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses

❏ These anticipatory steps have been taken in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services. ❏ CoinDesk

The Case $7.5K Could Become Bitcoin’s New Price Support

❏ The world's most valuable cryptocurrency could find price support at $7,500 – that is if it follows past patterns on the charts. ❏ CoinDesk

Bitcoin Price Looks South After Second 13% Drop of 2019

❏ Bitcoin logged one of the biggest daily price losses of the year on Tuesday, confirming a short-term bullish-to-bearish trend change. ❏ CoinDesk

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

❏ For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk. ❏ CoinDesk

Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options

❏ Cuba highlights the difference between bitcoin and corporate token projects like Libra. ❏ CoinDesk

Hackers Are Turning Binance’s Stolen Bitcoin Into Fiat

❏ Another tranche of stolen funds have hit exchanges and are being turned into fiat. ❏ CoinDesk

Key Bitcoin Price Indicator Turns Bearish in First Since December

❏ The widely tracked MACD bitcoin price indicator has turned bearish for the first time in seven months. ❏ CoinDesk

US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

❏ In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin. ❏ CoinDesk

Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings

❏ Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next? ❏ CoinDesk

What Trump’s Bitcoin Tweet Changes

❏ Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment. ❏ CoinDesk

Below $10K: Bitcoin Price Drops $1.4K in 24 Hours to Hit 2-Week Low

❏ The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1400 sell-off, denying the bulls a chance to revisit 2019 highs. ❏ CoinDesk

Police Bust Chinese Bitcoin Mining Farm After Surge in Power Usage

❏ Police confiscated over 4,000 mining devices in a 20 person bust. ❏ CoinDesk

Another Crypto Company Wants to Offer Bitcoin Derivatives in the US

❏ Institutional digital assets platform TrueDigital Holdings has announced plans to offer bitcoin derivatives for U.S. investors – if the CFTC approves. ❏ CoinDesk

Pullback Over? Bitcoin Bounces $600 From Historically Strong Price Support

❏ Bitcoin has bounced up from historically strong price support, raising the prospects of a renewed push toward recent highs above $13,000. ❏ CoinDesk

How Bitcoin Might Help the World’s Oppressed Sidestep Censorship – in Space

❏ An advocacy group is testing out the idea that the combination of bitcoin and orbital communication can help fight news censorship. ❏ CoinDesk

Bitcoin Unaffected as Markets Shrug Off Trump’s Critical Tweets

❏ Trump recently tweeted: unregulated crypto possess the ability to facilitate unlawful behavior; So far the markets have been slow to react. ❏ CoinDesk

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

❏ US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan. ❏ CoinDesk

Fed Chairman Jerome Powell Compares Bitcoin to Gold

❏ Powell compared bitcoin to gold, referring to them both as speculative stores of value. ❏ CoinDesk

Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws

❏ Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult. ❏ CoinDesk

Bitcoin’s 3-Day Price Charts Point to an Impending ‘Golden Cross’

❏ Bitcoin's three-day chart suggests that a "golden cross" is set to occur for the first time since early 2016. ❏ CoinDesk

Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

❏ Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house. ❏ CoinDesk

Bitcoin Price Drops $2K in 24 Hours But Bull View Still Intact

❏ Bitcoin dropped around $2,000 in the last 24 hours, but the outlook isn't as gloomy as you might think. ❏ CoinDesk

Bitcoin Dips $1k In 1 Hour As Markets Take A Hit

❏ The cryptocurrency markets fell sharply on July 10 after bitcoin (BTC) suffered another $1000 sell-off, denying a bullish breakout that looked primed to test its recent 2019 highs. ❏ CoinDesk

Winklevoss Twins’ Gemini Exchange May Join Facebook’s Libra Project

❏ The Winklevoss twins might mend fences with Mark Zuckerberg through the Libra cryptocurrency project. ❏ CoinDesk

Fold App Enables Bitcoin Lightning Payments at Whole Foods, Starbucks

❏ The payments feature will facilitate in-store or online purchases at blue chip retailers including Starbucks, Whole Foods, AMC, Home Depot, and Southwest Airlines. ❏ CoinDesk

Bitcoin Price Recovers 85% of Recent Losses With Move Above $13K

❏ Bitcoin bolstered its already bullish technical setup with a move above $13,000 earlier today. ❏ CoinDesk

Bitcoin Price Eyes Move Above $13K as Dominance Rate Hits 2-Year High

❏ Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800. ❏ CoinDesk

Bitcoin Mining Difficulty Posts Biggest Jump in 12 Months

❏ Bitcoin mining difficulty has grown faster in the last two weeks than in any period since August 2018, a sign that competition is heating up. ❏ CoinDesk

Fortress Will Buy Mt Gox Creditors’ Claims for $900 Per Bitcoin Owed

❏ Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group. ❏ CoinDesk

Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

❏ Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back. ❏ CoinDesk

KuCoin Launches Bitcoin Derivatives Trading With 20x Leverage

❏ IDG-backed cryptocurrency exchange KuCoin has just launched a crypto derivatives trading platform called KuMEX in public beta. ❏ CoinDesk

Bitcoin Price Nears $12K After Rising $500 in Minutes

❏ Bitcoin leaped into the green in the European trading hours, and is now looking to scale key resistance above $12,000. ❏ CoinDesk

Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

❏ The popular wallet service Electrum is soon to add official support for bitcoin's lightning network, its founder has told CoinDesk. ❏ CoinDesk

Bitcoin Drops 5% Making $12K the Level to Beat for the Bulls

❏ Following another $1,000 drop, bitcoin’s bulls now have target of $12,061 to mitigate bearish pressure. ❏ CoinDesk

Twitter Study Finds US Posts Most on Bitcoin and Facebook’s Libra

❏ New research has found that the U.S. leads the world in the volume of tweets referencing bitcoin and Facebook's planned cryptocurrency. ❏ CoinDesk

Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

❏ An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses. ❏ CoinDesk

Bitcoin Eyes Independence Day Price Gains for Fifth Year Running

❏ After clawing back 25 percent of recent losses, bitcoin looks set to close in the green on July 4 for the fifth consecutive year. ❏ CoinDesk

Coinsquare, Just Cash Partnership Enables Non-Bank ATM Crypto Transactions

❏ The software upgrade can potentially be introduced to approximately 170,000 machines across America. ❏ CoinDesk

Third Defendant Pleads Guilty in Fake ID-for-Bitcoin Case

❏ A fake ID ring operated between June, 2013, and February, 2018 and may have netted over $4.7 million in bitcoin. ❏ CoinDesk

‘Release the Tape!’: Nouriel Roubini Calls for BitMEX CEO Debate Video

❏ The anti-bitcoin NYU professor debated the founder of BitMEX. It didn't go well. ❏ CoinDesk

Blockstream Launches Atomic Swaps on Liquid Bitcoin Sidechain

❏ Blockstream has created an "experimental" tool making it easier for users to trade "trustlessly" between tokens on its Liquid sidechain. ❏ CoinDesk

June Sets Records for CME Bitcoin Futures as Sign-Ups Surge 30%

❏ CME's bitcoin futures product is increasing in popularity, with June setting a record for open interest amid a surge of new account sign-ups. ❏ CoinDesk

Casa Launches Lightning Node Mobile App for Bitcoin Newbies

❏ Casa's new wallet aims to help aspiring cypherpunks graduate from getting their first bitcoin to running their own lightning node. ❏ CoinDesk

Bitcoin Rallies By $2K But Bulls Still Aren’t Out of the Woods

❏ Bitcoin has risen sharply in the last 24 hours, but a key price hurdle must still be passed to confirm a bull revival. ❏ CoinDesk

Bitcoin Price Dips Below $10K With Deeper Losses Likely

❏ Bitcoin was trading below $10,000 on exchanges for the first time in 11 days Tuesday morning, and may face further losses ahead. ❏ CoinDesk

TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin

❏ The CFTC just granted ErisX a derivatives clearing organization license, clearing the way for it to launch bitcoin futures contracts. ❏ CoinDesk

Bitcoin’s ‘Kimchi Premium’ Returns With $1K Price Spreads on Crypto Exchanges

❏ Bitcoin may be back over $10,000, but the price increase is bringing with it similar market inconsistencies as seen in the cryptocurrency’s meteoric 2017 ascent. At press time, bitcoin prices in South Korea are once again trading at a notable premium to Western exchanges. The spread, popularly known as the “Kimchi Premium” after a Korean […] ❏ CoinDesk

S&P 500 Gains Can Earn You Bitcoin on New Bain Capital-Backed Exchange

❏ Crypto derivatives exchange EverMarkets is opening its doors to customers worldwide, with trades collateralized in bitcoin. ❏ CoinDesk

Bitcoin Charts Hint At Price Pullback to Below $10K

❏ With technical charts flashing signs of buyer exhaustion, bitcoin risks falling to levels below $10,000 this week. ❏ CoinDesk

Bitcoin, Facebook and the End of 20th Century Money

❏ Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front. ❏ CoinDesk