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Showing posts from September, 2019

Ether Outshines Bitcoin in a Gloomy Month for Crypto Prices

❏ Ethereum's native cryptocurrency is reporting a slight monthly gain, outperforming bitcoin's double-digit price slide by a big margin. ❏ CoinDesk

What Google’s ‘Quantum Supremacy’ Means for the Future of Cryptocurrency

❏ Quantum computing could break bitcoin. Here's how researchers from government and academia are trying to future-proof blockchain technology. ❏ CoinDesk

Bitcoin Price Hits 3.5-Month Low, Set to Post Quarterly Loss

❏ Bitcoin is again flashing red, having hit a 3.5-month low earlier today. It's now on track to post a quarterly loss. ❏ CoinDesk

Fidelity Digital Assets to Provide Custody for Bitcoin Derivatives Yield Fund

❏ The Los Angeles-based Wave Financial has launched what it touts as the first crypto-derivatives-based yield fund on the market. ❏ CoinDesk

How Leverage Can Help With Bitcoin’s Price Discovery

❏ Leveraged and margin trading can help boost demand for an asset, increasing liquidity within a given market. ❏ CoinDesk

A Dangerous Bug in Bitcoin’s Lightning Network Has Been Fixed

❏ Bitcoin developer Rusty Russell disclosed Friday the lightning network vulnerability that forced software upgrades in July. ❏ CoinDesk

Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining

❏ As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail. ❏ CoinDesk

Bitcoin Approaching Biggest Weekly Price Loss of 2019

❏ Bitcoin is on track to post its biggest weekly loss so far this year, having found acceptance below key long-term support. ❏ CoinDesk

Lightning Sucks, But It Could Help Build a Bitcoin Economy

❏ At least a dozen startups are now betting on the profitability of bitcoin birthing a "Lightning Economy." Is it too soon? ❏ CoinDesk

Why Bitcoin Tumbled Below 8K

❏ Where is bitcoin going? CoinDesk's experts weigh in on crypto's recent precipitous drop. ❏ CoinDesk

Top 10 Alternative Cryptocurrencies Hit 6 Month Lows

❏ Nearly all top 10 alternative cryptocurrencies by Market Capitalization have hit their respective 6-month lows after bitcoin's rapid price slide on Tuesday. ❏ CoinDesk

Bitcoin Price Sheds $500 Over Day, Drops Below $8,000

❏ Support at $7,900 lasted about one-half-hour before the price went southward once more, sitting at $7,800 as of writing. ❏ CoinDesk

Bitcoin May See Brief Bounce After Defending Key Price Support

❏ Still bearish overall, bitcoin is defending the 200-day moving average support and may see a minor bounce to $8,700. ❏ CoinDesk

Emsisoft Releases Bug Fix for Bitcoin-Ransoming Malware WannaCryFake

❏ Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake. ❏ CoinDesk

Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week

❏ The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase. ❏ CoinDesk

WATCH: Inside a Siberian Crypto Mining Complex

❏ CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant. ❏ CoinDesk

Bitcoin Shopping App Fold Raises $2.5 Million to Bring Lightning to Retailers

❏ Competition among bitcoin retail apps is heating up, with the newly funded Fold App doubling down on lightning network experiments. ❏ CoinDesk

Bitcoin Price Risks Drop to $7.5K After Third Biggest Daily Loss of 2019

❏ Bitcoin fell sharply on Tuesday, confirming a bearish reversal and opening the doors for a test of crucial price support near $7,500. ❏ CoinDesk

Bakkt’s Slow Start Doesn’t Mean Bitcoin Futures Have Flopped

❏ The tepid reception to Bakkt's physically delivered futures contracts is not a surprise, nor does it mean they are a failure. ❏ CoinDesk

Bitcoin’s Price Slides $1,000 in 30 Minutes After Margin Calls at Bitmex

❏ Bitcoin tumbled 9 percent in a half-hour Tuesday, sending prices to the lowest in three months, following margin calls at Bitmex. ❏ CoinDesk

BitFlyer Announces New Cryptocurrency Offerings

❏ Japan-based bitFlyer is adding multiple new coins to its European and American subsidiaries. ❏ CoinDesk

SEC Delays Decision on Wilshire Phoenix Bitcoin ETF Proposal

❏ The SEC has delayed making a decision on the Wilshire Phoenix bitcoin and U.S. Treasury bonds ETF proposal for another 35 days. ❏ CoinDesk

Bitcoin Looks South After Price Squeeze Ends With Drop to $9.6K

❏ Bitcoin's low-volatility price squeeze has ended with a downside break. The cryptocurrency may now drop toward $9,320 in the short term. ❏ CoinDesk

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

❏ Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives.  ❏ CoinDesk

Bakkt COO Opens Door to Retail Investors in Newly Launched Bitcoin Futures

❏ Bakkt COO Adam White said retail investors will be able to trade its newly launched bitcoin futures, which posted a lackluster first day. ❏ CoinDesk

Germany’s No. 2 Exchange Launches Bitcoin Spot Trading

❏ BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors. ❏ CoinDesk

Bitcoin Price Indicator is Most Bearish Since December

❏ Bitcoin's three-months of sideways trading may soon end with a notable price drop, suggests a widely followed indicator. ❏ CoinDesk

Bakkt Exchange’s Bitcoin Futures See Slow Start on First Day of Trading

❏ Trading of Bakkt's physically-backed bitcoin futures kicked off today, with 28 contracts having changed hands so far. ❏ CoinDesk

MicroBT Expects $400 Million Q3 Revenue From Bitcoin Miner Sales Despite Chip Holdup

❏ The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter. ❏ CoinDesk

What Billions in Fed Repo Injections Reveal About the Promise of Bitcoin

❏ The Fed Reserve has injected $278 billion injection into the securities repurchase market. Mike J. Casey Looks at what it means for crypto. ❏ CoinDesk

Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What to Expect

❏ Bakkt is finally launching Monday. Here’s what to expect from bitcoin’s first regulated, physically settled, institutionally focused futures market. ❏ CoinDesk

The Specs Behind Bitcoin’s Lightning Pass Their First ‘Formal’ Security Test

❏ A pair of researchers have released the results of a formal verification of the lightning network, saying it's "as secure as bitcoin." ❏ CoinDesk

CipherTrace Scout App Takes Crypto Investigations Mobile

❏ Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a likely criminal past. ❏ CoinDesk

CME Group Is Launching Bitcoin Options Early in 2020

❏ Derivatives marketplace CME Group says it will offer options on its bitcoin futures contracts starting in the first quarter of next year. ❏ CoinDesk

Bitcoin’s $780 Price Recovery Makes Friday’s Close Pivotal

❏ Bitcoin’s recovery from an 18-day low has neutralized the bearish setup, but a strong follow-through is needed to put the bulls back in charge. ❏ CoinDesk

What the Holy Land Reveals About Bitcoin

❏ Israel's political backdrop gave attendees of Tel Aviv Blockchain Week an opportunity to ponder the duality of the bitcoin movement. LINK @La__Cuen reports ❏ CoinDesk

Iranian Government Proposes Annual License for Bitcoin and Crypto Miners

❏ Government documents reveal a draft proposal for new cryptocurrency mining regulations in Iran. ❏ CoinDesk

Square Crypto Hires Lightning, Libra Developers for ‘Bitcoin Dream Team’

❏ The Square Crypto team announced Thursday three more developer hires. ❏ CoinDesk

Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers

❏ With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges. ❏ CoinDesk

SEC Chair Clayton: Bitcoin Needs ‘Better Regulation’ Before Major Exchange Listing

❏ Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the SEC said on Thursday. ❏ CoinDesk

Bitcoin Price Dips to $9.6K as Bear Cross Looms

❏ Bitcoin slipped to an 18-day low today, as a key indicator threatens to turn bearish for the first time in a year. ❏ CoinDesk

North Korea Plans Bitcoin-Like Cryptocurrency to Sidestep Sanctions

❏ North Korea is reportedly building its own cryptocurrency to get around the tough international sanctions. ❏ CoinDesk

Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens

❏ Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores. ❏ CoinDesk

New Bitcoin Mutual Fund Eases Crypto Investing for Eager-Yet-Wary Asian Investors

❏ CMCC Global, a venture capital company that raises funding from some of the largest family offices and high net worth individuals, has launched a Bitcoin mutual fund, providing its clients with direct access to Bitcoin. ❏ CoinDesk

These iAngels Are Bringing New Heavyweights Into Bitcoin Investing

❏ The three women behind Israeli investment platform iAngels are promoting crypto adoption by connecting with traditional investors. ❏ CoinDesk

Bitcoin May Be Building for Big Move as Price Volatility Hits 4.5-Month Low

❏ Bitcoin’s volatility has hit the lowest level in over four months – a price squeeze that may force a big move either way. ❏ CoinDesk

Ether, XRP Rise to 1-Month Highs While Bitcoin Falls

❏ Demand for alternative cryptocurrencies has seen their performance rise over the last 24-hours gracing 1-month highs while bitcoin (BTC) remained flat. ❏ CoinDesk

VanEck, SolidX Withdraw Bitcoin ETF Proposal From SEC Review

❏ VanEck and SolidX just pulled their bitcoin ETF proposal a month before the SEC would have to approve or reject it. ❏ CoinDesk

Inner Mongolia to Shutdown ‘Illegal’ Bitcoin Miners by October as China Cracks Down on Industry

❏ China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October. ❏ CoinDesk

CFTC Taps Coinbase Lawyer to Head Division Overseeing Bitcoin Futures

❏ New CFTC Chairman Heath Tarbert has named Coinbase general counsel Dorothy DeWitt as the agency's new director of market oversight. ❏ CoinDesk

Will Bitcoin’s Price Rally After Federal Reserve Rate Cut?

❏ Bitcoin is down again, but observers believe the losses could be reversed after a U.S. interest rate cut expected Wednesday. ❏ CoinDesk

Bitcoin’s Record Hash Rate May Hint at Price Gains to Come

❏ Bitcoin's latest bout of consolidation may end up with bullish breakout, as a key metric of miner confidence has hit all-time highs. ❏ CoinDesk

HTC’s Blockchain Phone Now Supports Bitcoin Cash

❏ Native support for bitcoin cash is coming to HTC's blockchain phone via a partnership with Bitcoin.com. ❏ CoinDesk

Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online

❏ The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June. ❏ CoinDesk

Bull Bitcoin Joins Blockstream’s Liquid Exchange Network

❏ Liquid adds another exchange to its collection of global partners. ❏ CoinDesk

Browser Extensions Can Help Scammers Steal Your Bitcoin: Casa CEO

❏ Browser add-ons can steal your crypto and identifying information, said Casa's Jeremy Welch ❏ CoinDesk

What Bitcoin’s Valuation Says About Its Volatility

❏ Noelle Acheson argues that bitcoin’s volatility is intrinsic and is unlikely to diminish with increased liquidity – and that’s not a bad thing. ❏ CoinDesk

Hodl Hodl Wants You to Clone Its P2P Bitcoin Exchange

❏ Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange.  ❏ CoinDesk

You Can Now Prove a Whole Blockchain With One Math Problem – Really

❏ Electric Coin Company research says you can prove the whole bitcoin blockchain in less space than a bitcoin blockhead, only 80-bytes of data. ❏ CoinDesk

Bitcoin Price Indicator May Signal Next Leg Higher

❏ History looks to be repeating itself in the bitcoin market, as a key indicator's bullish turn could mark the beginning of the next meteoric price rally. ❏ CoinDesk

Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s Xpring 

❏ Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. The company is licensed to operate bitcoin ATM’s in 29 states […] ❏ CoinDesk

Tagomi Rollout Paves Way for Institutional Crypto Shorting

❏ Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity position […] ❏ CoinDesk

Rebranded TrueDigital Partners for ‘Imminent’ Launch of Bitcoin Derivatives

❏ Tassat, formerly trueDigital, has teamed up with AlgoTrader to provide institutional traders access to its soon-to-launch bitcoin swaps contracts. ❏ CoinDesk

BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts

❏ Minimum deposits have been dropped on BlockFi's Interest Bearing Accounts for bitcoin, ethereum and the gemini dollar. ❏ CoinDesk

Bitcoin Eyes Move to $10,950 Hurdle After Price Breakout

❏ After a breakout on the 4-hour chart brought back the bull mood, bitcoin is eyeing a move to key resistance at $10,956. ❏ CoinDesk

CME’s Bitcoin Index Provider Wins First Crypto Benchmark License in EU

❏ The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January. ❏ CoinDesk

Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value

❏ Dark market sellers are offering fiat cash for bitcoin at discount prices, but there's a catch. ❏ CoinDesk

Bitcoin.com Looks to List BCH Futures on CFTC-Approved Exchange

❏ Bitcoin.com is in talks to list a bitcoin cash futures contract on a regulated exchange, a company representative told Bloomberg. ❏ CoinDesk

CME Seeks to Double Monthly Bitcoin Futures Trading Limit to 10K BTC

❏ CME Group wants to double the maximum number of bitcoin futures contracts traders can buy for each month. ❏ CoinDesk

$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

❏ A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack. ❏ CoinDesk

History Favors the Bulls as Bitcoin Trades Sideways at $10K

❏ Bitcoin's price rally has stalled in the last 10 weeks, but the bullish case remains intact with prices well above historically strong price support. ❏ CoinDesk

Bobby Lee Returns With Ballet, a Crypto Hardware Wallet for the Masses

❏ More than a year after he sold one of China's longest-running bitcoin exchanges, Bobby Lee, co-founder and former CEO of BTCC, is back. ❏ CoinDesk

Bitwise Taps BNY Mellon As Transfer Agent for Its Bitcoin ETF

❏ Bitwise has tapped the Bank of New York Mellon to act as the administrator and transfer agent for its proposed bitcoin ETF. ❏ CoinDesk

Binance US Plans to Begin Onboarding Customers Next Week

❏ After registration, 6 cryptocurrencies will be available for deposits including bitcoin, ethereum, XRP, bitcoin cash, litecoin, and tether. ❏ CoinDesk

Seed CX Subsidiary Adds Crypto Derivatives Settlement for Institutions

❏ Zero Hash is launching support settlement services for bilateral derivative transactions. ❏ CoinDesk

Bear Trap? Bitcoin Price Dips Below $10K on Low Volumes

❏ Bitcoin has recovered from nine-day lows hit earlier today and may pick up a bid over the next 24 hours. ❏ CoinDesk

New Data Gives Unprecedented Insight Into How Iranians Are Using Bitcoin

❏ Iranian bitcoin users are earning a significant portion of their income in crypto, and hodling for the long haul. ❏ CoinDesk

Lightning Network Developers Warn of Bug That Could Cause Loss of Bitcoin

❏ Developers disclosed a security hole in various versions of bitcoin's Lightning Network software that could cause users to lose money. ❏ CoinDesk

You Can Now Buy Lightning-Powered Bitcoin With a Credit Card

❏ Payments startup Breez has unveiled a new feature allowing lightning-based bitcoin purchases directly from its mobile app. ❏ CoinDesk

Bakkt to Require $3,900 Down Payment on Bitcoin Futures Contracts

❏ Bakkt has revealed the initial margin requirements for its bitcoin futures contracts ahead of a scheduled Sept. 23 launch. ❏ CoinDesk

Gemini Launches Custody for 18 Cryptos Including Bitcoin, Ether, Enjin and More

❏ The Gemini exchange is launching an institutional-grade crypto custody solution, with 18 digital assets supported for now. ❏ CoinDesk

Bitcoin Consolidates Above $10.2K After Failed Price Breakout

❏ Bitcoin is lacking clear directional bias at press time, having failed to capitalize on a bullish breakout on Monday. ❏ CoinDesk

SEC Chair Clayton: Would-Be Bitcoin ETFs Have ‘Work Left to Be Done’

❏ There is “work left to be done” to address the SEC's concerns about bitcoin ETFs, its chairman said weeks before the deadline to approve or reject two proposals. ❏ CoinDesk

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

❏ Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet. ❏ CoinDesk

Bitcoin Price Faces Drop to Support Levels Below $10K

❏ Bitcoin may slide further toward $9,750 this week unless the bulls can force a move above $10,350 in the next few hours. ❏ CoinDesk

Massive $1 Billion Bitcoin Whale Transaction Makes Waves

❏ Crypto exchange Huobi is investigating a massive move of 94,505 BTC from its wallets. ❏ CoinDesk

Leadership Shakeup at Wasabi Wallet as Bitcoin Business Surges

❏ Adam Ficsor, co-founder of the firm behind the privacy-centric Wasabi Wallet, is stepping down from his role as CTO. ❏ CoinDesk

Trump’s Trade War May Be Driving Chinese Investors to Bitcoin

❏ As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin. ❏ CoinDesk

Bitcoin Price May Break Longest Weekly Losing Run Since November

❏ Bitcoin is flashing double-digit gains on a week-to-date basis putting it on track to end its longest weekly losing run in nine months. ❏ CoinDesk

Paxful Plans to Bring 20 Crypto ATMs to Colombia

❏ A partnership between two cryptocurrency firms will bring 20 new bitcoin ATMs to cities around Colombia, with plans to expand into Peru. ❏ CoinDesk

A Bitcoin Treasure Hunt Is Coming to College Campuses This Fall

❏ The real-life spin on "Ready Player One" is bringing scavenger hunts and bitcoin wallet tutorials to more than 20 universities. ❏ CoinDesk

Bitcoin Market Turns Indecisive After Price Rally Stalls Around $10.6K

❏ Bitcoin is looking indecisive after witnessing solid two-way business in the last 24 hours. Today's UTC close will likely determine the next move. ❏ CoinDesk

As Crypto Markets Go Cold, Who Will Pay for Open-Source Code?

❏ Formerly a CoinDesk Contributing Editor, Daniel Cawrey is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Earlier this year IBM purchased Red Hat, the oft-referred to model for how open source can thrive, for $34 billion. Long the consultant to enterprises, IBM is going through a transitional period as a […] ❏ CoinDesk

‘Team Satoshi’ Is Running Again – This Time for Bitcoin Pioneer Hal Finney

❏ Bitcoiners around the world are vowing to run this Friday in memory of the late bitcoin pioneer Hal Finney. ❏ CoinDesk

Bitcoin Short of Bull Target Despite Five Days of Price Gains

❏ Bitcoin has charted its longest winning run in a month, but still requires a move to almost $11,000 to confirm a short-term bullish revival. ❏ CoinDesk

Bitcoin Price Bounces to $10.5K as Dominance Rate Passes 70%

❏ Bitcoin recovered to an eight-day high on Tuesday, as its dominance of the cryptocurrency market reached 30-month highs. ❏ CoinDesk

Van Eck, SolidX to Offer Bitcoin ETF to Institutions via SEC Exemption: Report

❏ VanEck and SolidX aim to launch a limited bitcoin ETF in the U.S. later this week, according to a report. ❏ CoinDesk

Craig Wright Aims to Challenge Court Decision That Cost Half His Bitcoins

❏ The entrepreneur has cited Hurricane Dorian as the reason he needs more time to challenge a recent court order. ❏ CoinDesk

Bitcoin Averts Bearish Trend Change But Stalls Beneath Key Price Average

❏ Bitcoin's has stalled beneath the 100-day moving average after a price rise at the weekend averted a major bearish trend change. ❏ CoinDesk

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

❏ Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners. ❏ CoinDesk