1 August 2018

On This Day

Bitcoin price

Closing price: $7603.7488 Powered by Coindesk

Headlines

Litecoin Price ‘Massively Discounted’: Cryptocurrency Analyst

Supporters of litecoin often tout the sixth-largest cryptocurrency as “silver to bitcoin’s digital gold,” but one cryptocurrency says it’s also a diamond in the rough. Writing in an eight-page report published on Tuesday, eToro senior market analyst Mati Greenspan argues that the litecoin price is trading at a “massive discount to what it should be

Zambia, Overstock's Medici Ink Deal on Blockchain Land Registry Pilot
American retail giant Overstock.com's blockchain subsidiary is partnering with the Zambian government to build a blockchain land title registry.
Bitcoin price drops again, bringing recent recovery to an end
The value of Bitcoin is falling once again, following a rare positive spell for holders of the cryptocurrency. The token is worth $7550 (around £5750) at ...
Trillion-Dollar Asset Manager Opens Financial Services for Bitcoin, Ethereum and Crypto Hedge Funds

Northern Trust, a traditional financial institution that was founded in 1889, is piloting new cryptocurrency programs to expand its services. Forbes reports that the company’s expansion into blockchain will involve three “mainstream hedge funds.” Hedge fund clients that are betting on Bitcoin and Ethereum will be able to use new financial services being developed by Northern Trust […]

Telegram Tech Promised In ICO Vulnerable to Attack, Researchers Say
Telegram has put out its first app since its ICO, but that identity play has security researchers reeling.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price ...
We believe that Bitcoin has formed a bottom around the $6,000 mark for this year, but we don't anticipate a vertical rally from the current levels, unless ...
Popular Bitcoin Cities in the World
In the space of nine years, Bitcoin has risen from an experimental digital currency to a global financial revolution. With each passing season, BTC's ...
Bitcoin rally showing signs of exhaustion, stalls at 200-day moving average
The mid-July rally in bitcoin is showing signs of petering out. Since hitting a one-month high on July 24, bitcoin as surrendered more than 10%, taking ...
Bitcoin price analysis: BTC/USD stays close to $7500; Brian Kelly says, it's time to buy
Bitcoin is changing hands at $7,548 after having tested $8,460 low during early Asian hours. While the downside momentum seems to have faded ...
KPMG: Blockchain Funding in US This Year Has Already Surpassed 2017's Total
Investment in the blockchain industry is booming in the U.S., according to a new report from "Big Four" auditing firm KPMG.
Soar TGE to Generate the World’s First Fully Decentralised Global Super-Map Using Drones

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Nobel Laureate Oliver Hart to Advise Blockchain Startup
Blockchain economics startup Prysm Group has added Nobel Laureate Oliver Hart and former Microsoft chief economist Preston McAfee as senior advisors.
Bitcoin (BTC) Price Watch: Sharp Selloff on South Korea Update
Bitcoin price could move on to testing the 200 SMA dynamic inflection point next, and this lines up with the 61.8% Fibonacci retracement level at the ...
Former hedge fund manager Novogratz's crypto bank makes stock market debut despite bitcoin ...
Former Goldman Sachs macro trader Michael Novogratz launched the company in November, a month before bitcoin hit its all-time high near $20,000.
Bitcoin Price Intraday Analysis: BTCUSD Bearish Pattern Continues
It is not a new day for Bitcoin speculators, for the prevailing bearish bias in the market has been intensified further following a strong selling round.
Bitcoin's Price Snaps Longest Monthly Losing Streak Since 2016
Bitcoin's price posted gains in the first month of the third quarter, snapping the longest losing streak it's seen in nearly two years. The world's largest ...
Bitcoin Blackmail Scam Befuddles SoCal Residents
If you get a letter in the mail suggesting you will be blackmailed if you don't pay up in Bitcoin, think twice before you do anything but report it to the FBI ...
Bitcoin (BTC) Price Analysis: Where Bulls Are Waiting
Bitcoin broke below the short-term support levels at the triangle and rising trend line, so bulls might need a larger correction before sustaining the ...
2020 US Presidential Candidate to Accept Bitcoin Donations
Bitcoin (BTC) $8256.27 +0.54%, among other cryptocurrencies, is steadily making its way on the stage of politics. 2020 U.S. Presidential candidate ...
Bitcoin Cash Celebrates Its First Birthday: From a Hard Fork to Easy Going
One year ago to the day, Bitcoin Cash (BCH) came into existence after a hard fork from the Bitcoin blockchain. It has been an interesting 12 months ...
Brazilian Cryptocurrency Exchange Wins Injunction Against Bank Who Closed Its Account

Brazilian cryptocurrency exchange Walltime has recently won a court battle against local bank Caixa Econômica Federal, forcing it to unfreeze its account holding more than $200,000 worth of funds. Crypto Exchange Walltime Wins Preliminary Injunction Against Hostile Bank According to local news outlet Portal do Bitcoin, Walltime won a preliminary injunction, meaning the court’s decision

Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies
U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.
Browser Mined Blockchains the Secret Key to Mass Adoption

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. What Is Browser Mining? Browser mined blockchains provide a simple entry point to the world of cryptocurrency encouraging mainstream adoption whilst providing a sustainable long term solution to

Canadian Crypto Exchange Coinsquare Rolls Out XRP Markets Ahead of U.S. Expansion

Canadian cryptocurrency exchange and brokerage platform Coinsquare has listed XRP for trading, placing another arrow in its quiver as it prepares to challenge Coinbase — its dominant competitor to the south — to become the trading venue of choice for retail investors. The Toronto-based Coinsquare on Monday announced that it had added XRP — the

Bitcoin is off the wagon, but one crypto expert says it's only temporary
Bitcoin is off the wagon, again. The cryptocurrency has plunged more than 7 percent in the last week, now trading just above $7,500. Despite the latest ...
At What Level Institutional Buyers Join The Bitcoin Rally?
Bitcoin bulls are losing control again and the bitcoin price is back where the rally took off. The rally started on July 13, when the price formed a low of ...
Square has made $37 million supporting Bitcoin trading
Transaction-based revenue was $625 million, up 30 percent year over year. Square also noted that made $37 million by supporting Bitcoin trading on ...
Bitcoin trader gets prison for money laundering
PHOENIX - A peer-to-peer bitcoin trader in Mesa has been sentenced to more than three years in federal prison after being convicted of money ...
Bitcoin's Use in Commerce Keeps Falling Even as Volatility Eases
Bitcoin advocates have long suggested the virtual money would one day replace fiat currencies as a means of doing business, but after a rise in use ...
Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support
Bitcoin has broken the key support level at $7,800 as the bears take back full control of the market during an exhaustive sell-off.
BitMEX CEO: A Bitcoin ETF is Great For Adoption, Triples-Down On $50k Prediction
Taking into account Bitcoin's current price action, Ran opened up the interview by asking Arthur Hayes how BitMEX has been performing. For those ...
Bitcoin price news: Trader claims THIS event in Q4 18 will be great news for Bitcoin
Brian Kelly from Bitcoin trading company BKCM claimed the implementation of a new regulated exchange for cryptocurrencies could come as soon as ...
Bitcoin Price Watch: BTC/USD Turned Short-term Bearish
Bitcoin price declined sharply below $7,840 support against the US Dollar. BTC/USD moved into a short term bearish zone with supports at $7,450 ...
BANKEX Will Appear Among Top 3 Supported Currencies on CoinSwitch

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Why Economists Think Bitcoin May Continue Its Downward Slide
After sliding from nearly $10,000 in May, the price of bitcoin seemed to turn a corner at the end of July: the popular cryptocurrency broke through the ...
Bitcoin price analysis: BTC/USD crashed below $7860 as HitBTC exchange went offline
Bitcoin is changing hands at $7,531 after an epic crash on Tuesday. The coin lost nearly 7% of its value on a daily basis as a long period of ...
Winklevoss Author Sells New Book About the Twins Entitled 'Bitcoin Billionaires'
It also pre-empted the Winklevoss' discovery of Bitcoin. Mezrich's new book “Bitcoin Billionaires,” tells that story. It seems like billionaires and Winklevii ...
One Year Later, A Wave of Apps Is Emerging on Bitcoin Cash
Now a year old, bitcoin cash is carving out a unique niche for itself with new applications.
Bitcoin price news LIVE: BTC takes heavy hit - bearish trend takes over
Cryptocurrency charts show a sharp drop this morning after bitcoin traders took part in an overnight flurry of sales. BTC has lost 3.71 percent on the ...
SEC Chief Got Into 'Heated' Debate on Crypto
A newly released transcript from an SEC roundtable showcases the passionate discussion around crypto within the agency.
Why Wall Street's king of crypto is bracing for another bitcoin breakout
Is bitcoin back in purgatory? Bart Smith, Susquehanna head of digital assets, discusses why he believes it's ready for another breakout. With CNBC's ...
'Delusional' Paul Krugman Says Bitcoin Sets Monetary System Back 300 Years
Cryptocurrency industry figures are reacting with scorn after US economist Paul Krugman likened Bitcoin to “setting the monetary system back 300 ...
Beverage Turned Bitcoin Mining Company Long Blockchain Moves into Loyalty Market
Long Blockchain Corp., the drinks manufacturer turned blockchain startup, announced that it had again changed its line of business and will now also ...
Most Powerful New Generation Multi Cryptocurrency Miner

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60% of Americans Who Know About Crypto and Don’t Own It Want It – New Survey

Millennials find cryptocurrency to be a hot topic, a desirable asset and a big area of interest for a future partner. According to a new study of 1,000 people in the US who have heard of Bitcoin, nearly 40% reported owning cryptocurrency. Of those who do not own cryptocurrency, 60% wish they did. Millennial investors […]

Bitcoin Drops 7% Overnight, Billionaire Investor Remains Bullish in The Mid-Term
Tuesday saw Bitcoin take a bit of a tumble, with the price of the asset currently down 7% in the past 24 hours. Despite the drastic pullback, some ...
The SEC's Hester Peirce Isn't a Bitcoin Champion, Just a Regulatory Realist
Regulators like the SEC shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.
Bitcoin top price prediction: 5 reasons why BTC is crushing the Altcoin competition
In our technical analysis, we note that Bitcoin is well supported and enjoys a bullish bias while the others are between either stuck or in a precarious ...
US Investors See Bitcoin as “Risky,” Opt for “Security Over Growth”
Figures from a recent poll indicate that bitcoin and cryptocurrency are still viewed with suspicion by most U.S. investors, with only 2 percent of them ...
McDonald's 'Limits' Crypto in Self-Celebration, as Bitcoin Plummets
In less than 12 hours, Bitcoin has fallen from sitting at just over $8100 at 8:30 in the morning (BST) to a low of $7691.29 at 16:00pm (CryptoCompare) ...
Introducing Top eToro Popular Investor Stephen Bliss

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Stephen Bliss is a burger-van owner by day, and a top Popular Investor on global trading platform eToro by night. The crypto-crazy 34-year old manages assets worth around

Is Financialization A Double-Edged Sword For Bitcoin And Cryptocurrencies?
This is the second of a three-part series exploring the building rivalry between cryptocurrencies and Wall Street. The first part is here. A parallel ...
Why ORCA Alliance Is Going to Be Worth $6 Billions by 2023

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Stratis Launches Breeze Wallet With Breeze Privacy Protocol Delivering Private Bitcoin Transactions
However, ensuring those transactions remain private when using public networks, such as Bitcoin and the Stratis blockchain, hasn't been possible ...
Radar Relay Raises $10 Million for Decentralized Token Exchange
Decentralized trading platform Radar Relay closed a $10 million Series A funding round led by Blockchain Capital, the startup announced Wednesday.
Bitcoin Dips Below $7500 ?s Crypto Markets See Second Day of Losses
August 1: Crypto assets have seen a second day of losses, with Bitcoin (BTC) now well below the $8,000 psychological price point and most of the ...
Bitcoin Suffers Price Decline as Bearish Trend Takes the Upper Hand
Bitcoin is currently down to $7,500 after struggling to hold on to the $7,700 support level at the end of yesterday. It all began in the late morning of July ...
Bitcoin Value Indicator - August 2018
If this is your first time reading a Bitcoin (BTC-USD)(COIN)(OTCQX:GBTC) Value Indicator report, you may want to refer to the original article to get ...
Bitcoin's use in commerce keeps falling
Who's using Bitcoin to buy and sell goods and services? A lot fewer people than you probably would have guessed. After peaking at $411 million in ...
Bank Freeze Forces Korean Crypto Exchange Bithumb to Disable New Accounts: Report

South Korean crypto exchange giant Bithumb has suspended the issuance of new KYC bank-linked virtual accounts after failure to renew and establish a contract with a bank, as mandated by new guidelines this year. Starting today, August 1, Bithumb – one of Korea’s ‘big four’ exchanges – is no longer issuing new virtual accounts to

Is Bitcoin (BTC) 'Evil'? Bull Run Loses Steam
Sorry, Bitcoin (BTC) investors. The coin had just broken new ground, finally scaling past a $7,800 barrier over the $8,000 mark. Yet, as any crypto bull ...
Bitcoin has down day yesterday descending well below $8000
A report from CoinDesk early today at 03:21 UTC notes that bears could be getting the upper-hand as at press time the price of bitcoin on Bitfinex ...
Coinbase Adds British Pound for UK Crypto Users
Crypto exchange Coinbase will now support British pounds (GBP) for its UK customers, the firm announced Wednesday.
UK Member of Parliament Resigns as Blockchain Startup Advisor
A UK MP has resigned from the board of a cryptocurrency project after it was revealed that he was secretly getting paid for his services.
Bitcoin Price Analysis: Bears Take the Bull by the Horns
Bitcoin's bullish reversal appears to be in peril as bears unexpectedly rocked up and grabbed the bull by the horns. Is today's pullback caused by ...
Crypto Price Tracker CoinMarketCap Launches Professional Data Feed

Cryptocurrency price tracker and data aggregator CoinMarketCap has launched a new suite of professional API services designed for cryptocurrency funds and developers. CMC Launches Professional API The website has long provided users with a basic, zero-fee API, but the new product offers more data points, as well as higher rate limits to meet the needs

Bitcoin Price Enters Consolidation After Long Overdue Reversal
Bitcoin's bearish reversal intensified Wednesday in a selloff that was long overdue, based on the technical charts.
Tom Lee's Market Research Firm Fundstrat Adds Bitcoin as Payment Method
Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, ...
Bitcoin mining poses threat to Paris climate-change accord, study finds
“Despite digital currencies providing considerable potential transactional, security, and financial access benefits, the design of bitcoin's mining and ...
Bitcoin (BTC) Bears Return, 5 Reasons for Its Price Tumble
After two weeks of recovery and positions above $8,000, news and moods weighed down on Bitcoin to take it back toward the $7,500 level. What are ...
Former Beverage Company Turned Bitcoin Miner Eyes Customer Loyalty Market
In part due to the the falling price of Bitcoin and declining profitability in crypto mining, LBCC has made the pivot away from the short-lived venture into ...
Bitcoin price analysis: BTC/USD embracing $7500 support but still in danger of plunging further
Bitcoin price is still languishing in selling pressure after plunging below $8,000. However, the price appears to be strongly supported at the 23.6% Fib ...
Jailed Far-Right Activist Receives £20000 in Bitcoin for #FreeTommy Campaign
According to an ITV report, Robinson has been appealing for fans to donate to his legal effort using Bitcoin. This has resulted in around £20,000 being ...
Morgan Stanley Poaches Credit Suisse ‘Bitcoin Expert’ to Head Crypto Division

Morgan Stanley, one of the world’s largest investment banks, has just poached Credit Suisse’s resident “bitcoin expert” to head the former’s digital assets unit. As first reported by eFinancialCareers, Morgan Stanley, which ranks sixth among U.S. banks with $858 billion in total assets, hired Andrew Peel last month to serve as its new “head of

NY-Based Ad Agency Catapults Real World Blockchain Adoption Using Ethereum Token

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Bitcoin (BTC) and the Crypto Markets Continue To Decline For a Second Day Running
Looking at the Bitcoin (BTC) charts this morning (UTC + 3), we find that the King of Crypto has been undergoing some considerable correction from the ...
Bitcoin Will Flash Dump then Moon, Says Veteran BTC Analyst Willy Woo
Veteran digital currency analyst, Willy Woo, correctly predicted back in late May, that Bitcoin (BTC) would test levels below $6,000 before any signs of ...
Bitcoin Bank Comes Closer As Coinbase UK Adds Sterling
The prospect of a fully fledged U.K. bitcoin bank took a step closer to reality yesterday with the launch of pound sterling support for San ...
Bitcoin's Price Eyes Consolidation After 11% Decline
Bitcoin's price could trade in a narrow range in the next 24 hours, courtesy of oversold conditions reported by short duration technical charts.
DLT Platform Hedera Hashgraph Completes $100 Million Raise
Decentralized ledger startup Hedera Hashgraph has raised $100 million to build out its platform and launch its network, the firm said Wednesday.
How to Limit Bitcoin's Energy Consumption Problem
It's hard to imagine a digital currency being bad for the environment but the process to mine a single bitcoin consumes a considerable amount of ...
?Bitcoin and 'smart' cricket balls the winners in Queensland's AU$8.3m funding round
The Queensland government has announced investing AU$8.3 million in 70 "innovative" companies as part of its latest round of Ignite Ideas funding.
Litecoin (LTC) Compliments Bitcoin and is Currently Massively Discounted, Says Market Analyst
Unlike many cryptos Litecoin isn't aiming to unseat bitcoin, it actually plays more of a supportive role, like silver does with gold. The faster and easier ...
Bitcoin Cash Celebrates First Anniversary
The much-vaunted cryptocurrency which spun-off from Bitcoin in a hard fork is celebrating its first anniversary today. Bitcoin cash started its journey on ...
Coinbase Customers Can Now Buy Bitcoin With British Pounds
This meant the process for buying Bitcoin and other digital currencies on Coinbase took several days and resulted in foreign exchange fees.
Crypto Data Site CoinMarketCap Launches 'More Robust' API
CoinMarketCap, one of the most popular crypto data tracking websites, announced a new pro-level and fee-based API on Wednesday.
SEC-Approved Bitcoin ETF Possible in 18 months: Crescent Crypto CEO
The US Securities and Exchange Commission (SEC) could approve a Bitcoin ETF in the next 18 months, said Ali Hassan, the CEO, and one of the ...
Wikipedia Has 'Zero Interest' in an ICO, Says Jimmy Wales
Wikipedia founder Jimmy Wales has said the not-for-profit online encyclopedia platform will "never" hold an ICO or issue its own cryptocurrency.

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