7 September 2018

On This Day

Bitcoin price

Closing price: $6396.2688 Powered by Coindesk


CoinGate's Lightning Network To Boost Bitcoin Adoption, 4000 Merchants Already Onboard
The Lightning Network is about to breach the 102 BTC capacity, and that could very well be the nicest thing to happen to Bitcoin of late. The Lightning ...
After Suffering Sharp Declines, Are Bitcoin Prices Treading Water?
Bitcoin prices experienced some notable losses earlier this week, dropping more than 15% in less than 48 hours. Following these declines, the digital ...
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price ...
He clarified that the investment bank is still working on a type of derivative for Bitcoin. Though this news stabilized markets, it did not result in a sharp ...
Trump's New SEC Hire Boosts Possibility of Bitcoin ETF
Following the Senate's decision to approve Roisman's appointment to the SEC, the financial regulator now has two commissioners who are pro-bitcoin ...
“$PAC ACCEPTED HERE” $PAC – The Global Mass Use Crypto

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

Opera Wallet Users Can Now Send CryptoKitties and Other Collectibles
Opera now allows users to send crypto collectibles, such as CryptoKitties, directly from its beta-stage in-browser crypto wallet.
EOS Block Producers Move to Cut Costs for Users
Creating a new account on EOS is now easier after 15 block producers approved a protocol change making it cheaper and providing free RAM.
Crypto update: Bitcoin recovers, Ethereum, Ripple, Bitcoin Cash, and EOS continue to sink lower
Much to the relief of crypto traders, the market's meltdown has come to an end over the last 24 hours. According to Coin Market Cap, the entire value of ...
China's Supreme Court Recognizes Blockchain Evidence as Legally Binding
Blockchain can now be legally used to authenticate evidence in legal disputes in China, according to a ruling from the country's Supreme Court.
Bitcoin Price Analysis: BTC/USD current price behaviour is spelling potential disaster
The Bitcoin price was seen trading within consolidation mode on Friday, with the crypto market prices seen as generally cooling across the board.
Wyre Acquires Bitcoin Smart Contract Derivatives Platform Hedgy
E-payment startup Wyre has acquired bitcoin smart contract developer Hedgy to broaden the scope of its offerings.
Local Bitcoin Price Hits Record-High of $24000 in Iran
Following news of the formal approval, Bitcoin (BTC) rallied to a record high of 1,020,000,000 Iranian rials (~$24,000 USD) on local cryptocurrency ...
Bets Against Ether's Price Hit All-Time High
The number of short orders placed on ETH/USD have reached a new high and is a clear reflection of bearish sentiment surrounding the cryptocurrency.
Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining
According to Mao's graphic, if Bitcoin's price hits lower than 36,792 yuan (about $5,376) point, this would mean that mining the cryptocurrency on an ...
Official Launch of Liquid, a New Crypto Platform Opening up Liquidity for Crypto Markets Worldwide

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

“Pay by Crypto” is Now Live on LALA World App

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

Fool's Gold? Bitcoin Fork Faces Cryptocurrency Exchange Delisting after 51% Attack
Three months after Bitcoin Gold fell prey to a high-profile 51 percent attack, one of the cryptocurrency exchanges affected by that exploit is threatening ...
Australian Watchdog to Apply Market Rules to Crypto Exchanges
Australia's securities regulator has said it plans to apply financial market rules to crypto exchanges and closely scrutinize ICOs.
Binance Hires IPO Heavyweight as CFO, Fueling Rumors the Exchange is Going Public

Cryptocurrency exchange Binance has recruited an executive with wide experience in initial public offerings (IPOs) as its chief financial officer. Wei Zhou, who is currently the vice chairman of gay dating platform Grindr, boasts of executive experience running into more than one-and-a-half decades. He began his career at the Hong Kong subsidiary of Goldman Sachs,

Hong Kong Startup to Battle Revolving Credit with Asia’s First Crypto Visa Debit Cards

Industry startup Crypto.com, formerly ‘Monaco’ before a rebrand, has revealed its plan to issue 100,000 Visa-powered cryptocurrency debit cards in Hong Kong and Singapore. The Hong Kong startup confirmed that it would pit its debit cards against the insecure revolving credit practiced by mainstream credit card issuers, as reported by the South China Morning Post.

Bitcoin's Hopeful Numbers: 70% Familiar in the United States
Their findings concluded, “By far, the most well-known cryptocurrency among Americans is Bitcoin, with 71% of people saying they've heard of it.
ARK Partners with Major League Hacking

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. We are extremely proud to announce our recent partnership with Major League Hacking, the official student hackathon league. We will be joining the MLH Localhost program to build

Bitcoin: The Swindle of the Century
The frenzy around Bitcoin is at a fever pitch, and the reasons are obvious. Its value has skyrocketed over the past year, making millionaires out of early ...
Canadian Executive Accused of Stealing over US$5 Million in Cryptocurrency

A senior executive at a Vancouver, British Columbia-based marketing firm allegedly preyed on the ignorance of his employer regarding cryptocurrencies to take off with digital assets worth millions of dollars. In a lawsuit filed by Shair.Com Global Digital Services, the marketing firm accused Jason Arnold, its former chief operating officer, of stealing up to US$5.3

Bitcoin is Dragging Other Cryptocurrencies Down as Correlation Between Them Increases
The increasingly high positive correlation between Bitcoin and other cryptocurrencies is bringing their prices down, now that the tide has turned ...
OKCoin Enters the US Market

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. Digital Asset Trading Platform will be open for trading on July 09. OKCoin, one of the world’s largest digital asset exchanges, officially announces its presence in the United

Are Big Crypto Token Sales Really Over? At Republic Event, Many Think So
At an event in New York on Thursday, crypto enthusiasts broadly agreed that the ICO, as it was during the hype cycle of 2017, is no more.
Ripple Price Intraday Analysis: XRP Faces Tough Battle against Selloff

On Friday, Sept. 7, the Ripple price (XRP) is recovering, although the intraday outlook is still mixed. Ripple is trading around 0.2905. Fundamentals XRP news are mostly neutral. This week, TransferGo launched a payment channel to India based on XRP technology, which will enable real time transactions. The channel is going to be available across

The Creator of Proof-of-Stake Thinks He Finally Figured It Out
Pseudonymous developer Sunny King, the creator of proof-of-stake, has a new approach for the consensus mechanism – and it revolves around hardware.
$6K Ahead? Bitcoin Price Plunges After Brief Recovery
Bitcoin's short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.
Bitcoin review: Japan uses blockchain to vote, Goldman nixes crypto
To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we here at New York Business Journal compile a ...
Bitcoin bulls sent reeling by 'very damaging drop,' says chart watcher
The technical picture for bitcoin deteriorated significantly Thursday when the No. 1 digital currency shed more than 5% for a second consecutive day, ...
Bitcoin Price Intraday Analysis: BTC/USD on Sideways Trend

Bitcoin price on Friday made no significant corrections from its intraday low near $6,302. The BTC/USD over the course of past 24 hours has done a raise-and-erase act, signaling a sideways sentiment. At the beginning of the Asian session, the pair had noted a weak bull correction attempt, so that it established an intraday high

How 81-Year-Old Billionaire's Deals With Bitcoin Bulls Riled SEC
It's the curious case of an 81-year-old biotech billionaire hooking up with Bitcoin bulls, and the partnership leading to all of them getting sued by the ...
Opera’s Ethereum Wallet Now Lets You Send CryptoKitties to Your Friends

Opera users can now send CryptoKitties and other cryptocurrency-based collectibles to their friends using the web browser’s built-in Ethereum wallet. The Norwegian software company, whose controlling shareholder is bitcoin mining giant Bitmain, announced on Friday that it has added support for a “curated list” of Ethereum-based tokens built to the ERC-721 standard. From the announcement:

‘Fake News’: CFO Says Goldman Sachs is Not Ditching Bitcoin Trading Desk

“Fake news” — that’s how Goldman Sachs CFO Martin Chavez characterized a report that the investment banking giant was shelving its much-hyped plans to build a bitcoin trading desk. Speaking this week at TechCrunch Disrupt in San Francisco, Chavez sought to put to rest speculation that Goldman, the fifth-largest bank in the U.S., was quietly

Bitcoin: Is This the End of Rico?
Bitcoin (CCC:BTC-USD) is starting to remind me of the ending of a classic gangster film. At the end of the 1931 film Little Caesar, Edward G.
Wall Street's embrace could break Bitcoin
This could change Bitcoin immensely, though—and depending on whom ... According to Caitlin Long, a longtime Wall Street veteran turned Bitcoin ...
Bitcoin is beautiful anarchy
This strange man with strange ideas lays a foundation for Bitcoin. Without jumping too much into the polemical weeds, essentially Mr. Koestler ...
Amid the cryptocurrency bloodbath, is it time to give up as a retail investor?
Bitcoin's yet another plunge on Thursday has proved a survey of Brits predicting the cryptocurrency bubble bursting right. Bitcoin (BTC) started its fresh ...
Crypto and Stock Trading Startup Robinhood Is Eyeing an IPO
Mobile app Robinhood, which launched a zero-fee crypto trading service this year, is now searching for a CFO as it prepares for an eventual IPO.
Quoine Looks to Boost Crypto Liquidity With New Trading Platform
Crypto exchange startup Quoine has launched a trading platform called Liquid that it says will bring much needed liquidity to the crypto markets.
Energy Giant Engie, Maltem Back New 'Blockchain Studio' With $2.3M
French energy firm Engie announced Friday that it will help commercial customers build blockchain platforms with its new "Blockchain Studio" spinoff.
Thailand’s Blockchain Solar Power Producers Face Extra Fees to Offset State Utility Losses

Blockchain-enabled independent power producers in Thailand pose such a threat to the state-run power generator and distributor that they will be required to pay extra in order to cushion the state utility from the disruption. According to Viraphol Jirapraditkul, a member of Thailand’s Energy Regulatory Commission (ERC), new regulations are currently being drafted which will

Will Bitcoin Drag Litecoin Down During Every Dip?
Diversification, as we've highlighted before, is still a myth in the world of cryptocurrency, and the Litecoin price seems inexorably tied to Bitcoin's value.
The Next 'Venezuela'? Bitcoin Up Over $8400 in Iran Amid Hyperinflation
Bitcoin price has risen dramatically in Iran following the government's decision to grant legal recognition to the country's cryptocurrency mining ...
Zug’s Crypto Valley Aims to Elevate Women In Male-Dominated Industry

Zug’s Crypto Valley Association (CVA) will add two women to its board of directors in a move designed to boost the presence of women in the male-dominated cryptocurrency industry. “We want to create a space that works for everyone rather than just carry on with the same old boys’ club and their cronies,” CVA rep

Bitcoin Suffers Severe Blow to Legitimacy, but It's Based on “Fake News”
That said, bitcoin has survived well enough for almost ten years without the involvement of massive financial institutions. The fact that so many are now ...
Goldman Sachs Executive Denies Leaving Bitcoin (BTC) Trading Desk Plan
Global bank giant Goldman Sachs rejected on Thursday a Business Insider report that the institution has shelved the plan for creating a Bitcoin ...
Has the Bitcoin bubble finally burst?
Bitcoin, the world's biggest cryptocurrency by market capitalisation, shed 12.5pc in value over the 24 hour period that started Wednesday. Since then ...
Amid the cryptocurrency bloodbath, is it time to give up as a retail investor?
Other cryptocurrencies such as ether, the second largest after bitcoin and based on ethereum (ETH) blockchain platform, fell to its lowest since 2017.
Ripple's General Counsel Exits Startup, Spokesperson Says
Ripple general counsel Brynly Llyr, who joined the firm in 2016 as its top legal officer, has left the firm, a spokesperson told CoinDesk.
Ripple General Counsel Departs Cryptocurrency Firm Amid Class-Action Dispute over XRP

A top lawyer at cryptocurrency startup Ripple has left the company, a spokesperson confirmed to CCN on Friday. Brynly Llyr, who joined the San Francisco-based blockchain company in Nov. 2016 as the firm’s general counsel and has served in that role in the nearly two years since, is no longer with the organization. Llyr’s departure

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