5 August 2018

On This Day

Bitcoin price

Closing price: $7026.9913 Powered by Coindesk

Headlines

Bears Battle Bulls at $7000: Where Will Bitcoin Price Go From Here?
As Bitcoin price (BTC) continues to trade in the red, losing roughly around 15 percent of its value over the last week, two econometric models forecast ...
Hodler's Digest, July 29-August 5: Both Kim Kardashian and the Operator of the New York Stock ...
Twitter CEO Jack Dorsey's Square, a payment service that added a Bitcoin option in November of last year, revealed in a quarterly report that they ...
After Debate Around Cøbra's Ownership, Top Bitcoin Site Gets Forked
In late July 2018, a GitHub issue was opened formally challenging Cøbra's ownership of bitcoin.org. The issue poster cited concerns that Cøbra might ...
What Has Caused the Bitcoin Price to Drop Below $7000 in the Past 48 Hours?
Over the past 48 hours, the Bitcoin price has dropped by more than eight percent from $7,500 to $6,890, despite having seen some of the most ...
'No Coffee for Bitcoin,' Starbucks Clarifies as Media Misrepresent Its New Crypto Venture
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream ...
Will US Lawmakers Legalize Bitcoin Casino Gambling Transactions Soon
Bitcoin has led to some permeated the online gambling industry. Although there are many positive effects to introducing the cryptocurrency to the ...
GEMERA, the Colombian Emerald-Backed Crypto-Token, Announces Pre-Sale to Commence September 10th

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

Only a Matter of Time Before SEC Approves Bitcoin ETF: Tech VC
The market is rapidly approaching the point of acceptance for a bitcoin ETF, and the Securities and Exchange Commission (SEC) will eventually ...
XAYA: The Evolution of Gaming

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Square Cash Quietly Reveals It's Avoiding Public Cryptocurrency Exchanges
In its recently published quarterly report, Square revealed it's channeling Bitcoin trades from its Square Cash application to private brokers instead of ...
'Biggest News of the Year for Bitcoin': ICE Deal Helps ETF Chances, Says Brian Kelly
Intercontinental Exchange (ICE) teaming up with Microsoft, Starbucks and others on digital asset platform Bakkt makes it “much easier” for a Bitcoin ...
Securities Exchange Commission to Review Behavior of Bitcoin Brokers
While cryptocurrency allows users to remove the middleman, some investors still rely on their brokers to ensure that their assets are safe.
ICE Bakkt Crypto Platform Can “Pave the Way for Bitcoin ETF Approval”
That is the main reason that the denial seemed to happen, while ICE's EFT submission will “pave the way for Bitcoin ETF.” The potential that this ...
Now or Never – Grab the Chance to Create Your FREE EOS Account Name with Infinito Wallet!

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

Interview: Wall Street Vet Warns of ICE Bringing Bad Banking Practices to Crypto
“Bitcoin's biggest defense is that most bitcoins are stored off the Internet, which will make it hard for Wall Street to source the actual bitcoins and ...
Op-Ed: A Beginner’s Guide to the Economics behind Security Token Offerings

The problem is not with the vehicle, the problem lies in the gold-rush mentality. When everybody starts mining for gold, the percentage of people who strike gold falls naturally. This is Economics 101. Economics 101 Scarce resources do better in terms of valuations than abundant resources. Take water, for example, it is an abundant resource

Wikipedia Founder Jimmy Wales has ‘Zero Interest’ in an ICO

The founder of Wikipedia, Jimmy Wales, has ruled out the possibility of the free online encyclopedia getting involved with cryptocurrency. Asked whether Wikipedia had any cryptocurrency or ICO ambitions during an interview with Business Insider Wales said the platform had ‘zero interest’. “We are absolutely never going to do that. Zero interest,” Wales said. The

Crypto update: Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, and Stellar climb after weekend selloff
Although the crypto market has started the week on a positive note, this comes after some significant declines over the week. These declines mean ...
Crypto Market Valuation Drops to $250 Billion, Volume Declines Substantially

The valuation of the crypto market has dropped by $50 billion within a week, from $300 billion to $250 billion, led by the fall of Bitcoin. In the past 24 hours, the Bitcoin price fell from $7,250 to $6,950, extending its loss on August 4 and recording another 4 percent loss on the day. Volume

Bitcoin Hovers Near $7000, While Altcoins Show Marked Signs of Recovery
August 5: After yesterday's market nosedive, Bitcoin (BTC) is up just slightly, hovering around the $7,000 mark. All major altcoins are however showing ...
Bitcoin News And Price Analysis: Intercontinental Exchange to Popularize Bitcoin. Sunday, August 5
Bakkt will be hosted on a Microsoft cloud and will commence operation by helping investors convert their bitcoins to government-backed fiat such as ...
Starbucks: Sorry, Your Bitcoin Is Still No Good Here
That inspired a wave of headlines speculating that you could soon be able to “pay for Frappuccinos with bitcoin.” Said venture is not, however, ...
RSC Endorsed by Soccer Legend Ronaldinho Launches Crowdsale

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

This Is A Game Changer For Bitcoin
Bakkt will provide a regulated exchange for institutional investors, but also plans to replace credit cards and get Bitcoin into people's 401k plans.
NY BitLicense Chief Clashes with U.S. Treasury over Fintech Banking Charters

The New York State Department of Financial Services (DFS) has stated its opposition  to the U.S. Department of Treasury’s endorsement of regulatory “sandboxes” for fintech companies that essentially allow fintechs to receive special bank charters, according to a statement on its website by Maria T. Vullo, DFS superintendent and overseer for the state’s BitLicense regime. The

Bitcoin Moving Average Show Bull Markets In The Making
Bitcoin's (BTC) 200-day moving average (DMA) continues to slide in the longest downward trend since the summer of 2014. Price data collected over ...
Bitcoin Cash Price Weekly Analysis: BCH/USD Bearish Below $730
Bitcoin cash price is under pressure below the $730 pivot level against the US Dollar. BCH/USD may perhaps recover, but upsides could be capped.
Crypto News Flash: Bitcoin, Ethereum, EOS, Stellar, Litecoin, Bitcoin Cash, Dash
From a Bitcoin flip in the Wall Street Journal to democracy on the Stellar network, here's a look at some of the stories breaking in the world of crypto.
Bitcoin Investor Relief As Korean Crypto Exchange Cleared -- But Bears Remain
A report confirming that bitcoin exchange UPbit, now the biggest crypto exchange in South Korea, is storing 100% of its bitcoin and cryptocurrency ...
Madonna Partners With Ripple to Help Malawi’s HIV/AIDS Orphans

Known for pushing boundaries with regards to the lyrical content of her music, Madonna is now intent on pushing boundaries with regards to philanthropy. As part of her plans to mark her 60th birthday which will fall on 16th August, Madonna is partnering with Ripple in a month-long initiative to raise funds aimed at assisting

Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies
Bitcoin price tuned bearish with a close below $7,260 against the US Dollar. BTC/USD's upsides remain capped near the $7,260 and $7,320 levels in ...
Major German Stock Exchange Announces “End-to-End” Cryptocurrency Infrastructure

After creating the BISON crypto-trading app, the second-largest stock exchange in Germany continues to embrace cryptocurrency with its most recent initiative. Boerse Stuttgart is creating an ICO platform, a trading venue and custody for cryptocurrencies and related services. “Boerse Stuttgart Group is creating an end-to-end infrastructure for digital assets. After the start of cryptocurrency trading

5 Amazing Sources of Clean Energy the Blockchain Mining Industry Can (and Should) Use

When it comes mining Bitcoin or any other digital currency, the goal is to keep operational and energy costs to a minimum to ensure maximum profitability. Up until recently, that need for optimal energy costs has sent a good deal of  mining to China, where electricity is subsidized and cheap. However, most of these facilities

A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?
There's a lot of reasons to why a bunch of people would like to find out who Satoshi is, as the creator of Bitcoin could maybe answer some questions ...
The State of Distributed Computing in Cryptocurrency

Distributed Computing is a concept which denotes the practice of utilising an interconnected network of systems to provide their combined power to remote users – but how is blockchain revolutionising this concept in 2018? Centralised Distributed Computing According to Statista: the present market leaders in the so-called ‘Public cloud software as a service (SaaS)’ market

Mt Gox Creditors Prepare Revised Claims for Bitcoin Repayments Plan

In 2014, Mt Gox exchange handled an estimated 70% of the total Bitcoin supply until a security breach led to the loss and/or theft of approximately 850,000 BTC, worth $450 million at the time and billions today. The exchange filed for bankruptcy, leaving creditors in the lurch ever since, but a new plan for (partial)

Weekly Forecast: Bitcoin Bulls Left Empty Handed After ICE's Foray Into Cryptocurrency
As Hacked reported last week, bitcoin entered overbought territory on July 24 after prices rocketed above $8,500 for the first time in two months.
NFL Players Association Invests in Blockchain Startup

SportsCastr, a live-streaming platform that allows anyone to become a color commentator, announced recently that the NFL Players Association (NFLPA), via its athlete-driven accelerator the OneTeam Collective, has acquired a minority stake in the company to power live, interactive video content for fans. Through this partnership, active and former NFL players will use SportsCastr to

Sentimental Analysis for Bitcoin, Ethereum, Ripple, EOS, Stellar
Every week we provide you sentimental analysis for bitcoin and other altcoins. Every news article or a social mention is actually driving the trend and ...
Starbucks' Customers May Soon Be Able To Buy Coffee With Bitcoin
The new company's first use cases will be for trading and conversion of Bitcoin versus fiat currencies, as Bitcoin is the most liquid digital currency ...

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