10 September 2018

On This Day

Bitcoin price

Closing price: $6305.5738 Powered by Coindesk

Headlines

SEC Halts US Trading of Swedish 'Bitcoin ETF', Bitcoin Markets Not Impacted
CCN reported last month that the three-year-old Bitcoin Tracker One had entered the U.S. market, providing investors with a sort of “consolation prize” ...
Bitcoin Price Analysis: BTC/USD Approaching Key Support Again
Bitcoin price was once again rejected on a test of resistance, so it's now making its way back down to support at $5,800. This might also complete the ...
Canada's First Bitcoin Fund Now Available on NEO Connect
TORONTO — NEO Connect is pleased to announce that the First Block Capital Bitcoin Trust (“FBC Bitcoin Trust”) is now available on its fund ...
This New Bitcoin 'FUD Dice' Makes Paul Krugman Obsolete
As cryptocurrency prices continue to trigger Bitcoin naysayers, data monitoring site Coinmetrics.io co-founder Nic Carter has sought to rebuff them ...
SportsCastr Partners with WNBPA to Power Live Interactive Video Content for Fans

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Canada Has First Regulated Bitcoin Fund, FBC Bitcoin Trust Can be Traded on NEO Connect
First Block Capital said that its FBC Bitcoin Trust, which is accessible for accredited investors, has achieved the status of a mutual fund trust, as it is ...
Ripple's Former Legal Chief Joins Crypto Payments Startup
Just days after leaving her role as Ripple's top legal officer, Brynly Llyr is taking on the role of general counsel at crypto payments startup Celo.
SEC suspends trading in bitcoin and ethereum-related products over ETF confusion
The securities, Bitcoin Tracker One and Ether Tracker One, were slapped with a suspension notice by the Securities and Exchange Commission ...
SEC Hires, Exchange Rumors, and Bitcoin Price Woes: This Week in Crypto
Bitcoin is down 11% this week – The priced surged to $7,200 early on Sunday and increased to $7,300, then $7,400, even as other cryptocurrencies ...
Bitcoin Magazine's Week in Review: Lightning, Launches and Broken Promises
A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry's offerings. Meanwhile, Bitcoin's ...
Malware Exposes Bitcoin ATM Vulnerabilities, Sales for $25000
With the rise of crypto acceptance, a new form of fraud has emerged in the face of malware that targets Bitcoin ATM vulnerabilities. According to Trend ...
Back Below $200 Billion: Crypto Market Cap Sinks to 10-Month Low
The sell-off in bitcoin and the resulting risk aversion pushed the cryptomarket to the lowest level since November 2.
Key Facts About Bitcoin: An Infographic
When one thinks of Bitcoin, there are always two trains of thought. Some see it as a great investment, a sign of progress for digital media. Others are ...
Bitcoin Dominance Index Hits Its Highest Point in Nine Months
Today, the Bitcoin Dominance Index sits at 55.78%. The world's leading cryptocurrency continues to dominate the cryptocurrency industry throughout ...
Bitcoin rival Ether leads $640bn cryptocurrency SLUMP amid trading suspension
Bitcoin lost 2.1 percent and its biggest rival Ether slumped 8.9 percent while the market capitalisation of digital assets tracked by CoinMarketCap.com ...
Bitcoin Is Flirting With a New Low for the Year After the SEC Stopped Trading on 2 Funds
The amazing bitcoin run of 2017 has been moving in reverse this year. And every time the cryptocurrency looks ready to bounce back, a new problem ...
Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market

According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Similar to

Will Bitcoin Reach $96000 By 2023?
Recently, two analysts from ICO advisory firm Satis Group predicted that bitcoin prices will hit $96,000 in the next five years. In making this forecast, ...
Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator
Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.
SEC Temporarily Halts Bitcoin Tracker One, Ether Tracker One Trading in US
The exchange-traded products linked with Bitcoin and Ethereum will not be available to US investors for twelve days, starting on Monday morning ...
SEC Halts Trading of XBTProvider's Bitcoin and Ether ETFs
The U.S. Securities and Exchange Commission (SEC) has suspended trading in two Bitcoin and Ethereum investment products until September amid ...
SEC Temporarily Suspends Bitcoin and Ether Exchange Traded Note (ETN) Trading
The US Securities and Exchange Commission (SEC) has temporarily halted trading in exchange-traded notes (ETN) Bitcoin Tracker One (CXBTF) and ...
Bitcoin And Gold Have Nearly Identical Charts
There have been several comparisons between Bitcoin (BTC) and Gold. In fact, some experts have called Bitcoin 'digital' or 'new' gold. Here's an ...
The battle is lost for Ethereum (ETH) topping Bitcoin (BTC) as the best blockchain
In the past few weeks, the two top cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have shown conflicting responses to the selloff seen since end ...
Bobby Lee Bullish On Native Crypto Like Bitcoin, Not ICO-Issued Utility Tokens
“People, companies or investment firms can invest in Bitcoin and cryptocurrencies, [which are] native digital assets. And then there are things like ...
Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar
Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today.
Singporean Crypto Exchange Invests $3 Million in Bitcoin Australia for International Expansion
Bitcoin Australia will meanwhile use the newly gained finances to fund its own expansion efforts into retail investor markets around the world. Founded ...
Bitcoin ETN Suspension Not a Big Deal: Securities Lawyer
In July, Sweden's XBT Provider introduced a Bitcoin exchange-traded note (ETN) to the US market. This week, the US Securities and Exchange ...
WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts
WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets.
Bitcoin Price Stabilizes as Broader Market Holds Below $200 Billion
Bitcoin's price appears to have stabilized Monday, though the broader market continues to trade near 2018 lows, a sign that downward pressure ...
SEC Suspends Bitcoin and Ethereum Exchange-Traded Notes
The U.S. Securities and Exchange Commission has suspended the trading of Bitcoin Tracker One and Ether Tracker One, exchange-traded notes ...
SEC Commissioner Hester Peirce Calls Out ‘Real Value’ in Run-up to VanEck Bitcoin ETF Decision

In a new interview on CNBC’s Crypto Trader, SEC Commissioner Hester Peirce explains why she believes the SEC should prioritize a key American principle: freedom of choice. Recently, the SEC has deliberated several Bitcoin ETF proposals and has rejected or delayed all of them out of caution and concern for investors. Peirce, who issued her […]

Crypto Use Is A 'Fringe Activity' Among Terrorists, Says Think Tank
Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
Citigroup Preparing New, Less-Risky Crypto Product for Investors

New York-based multinational financial services and investment bank, Citigroup, has reportedly created a new, less risky way of investing in cryptocurrencies in hopes of potentially luring investors who are still on the fence and reluctant to invest in the space due to the risks associated with crypto assets. Citigroup Has Created the Digital Asset Receipt According...

Bitcoin to go main stream
Bitcoin has now managed to rack up its 2nd straight day of gains after last weeks mini crash which saw the price tumble from $7400 all the way down ...
Canada's First Bitcoin Fund Now Available on NEO Connect
The FBC Bitcoin Trust is available on NEO Connect under the symbol FBCBT. NEO Connect distributes 46 funds from three asset managers across 15 ...
Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017
Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, according to a new report.
Bitcoin Daily: China Says Blockchain Can Authenticate Evidence, Australia To Closely Monitor ...
While Wyre already provides cross-border payments using bitcoin, Ethereum, Litecoin and other cryptocurrencies, the deal enables it to expand its ...
Bitcoin Retains Bear Bias Despite Recovery From 25-Day Low
Bitcoin's recovery from 25-day lows near $6,100 is likely a "dead cat bounce" rather than a bullish reversal, charts suggest.
BitTorrent Courted EOS, Filecoin Crypto Creators Prior to Tron Sale
Tron and Neo weren't the only crypto projects interested in acquiring BitTorrent; in fact, CoinDesk has learned, five others were tempted to buy too.
SEC accuses Raleigh bitcoin entrepreneur of 'pump-and-dump' scheme
A Raleigh resident and bitcoin entrepreneur has been named in an Securities and Exchanges Commission suit that alleges an investor group made ...
Bitcoin rises above $6300 as NY approves dollar-linked digital currencies
NEW YORK (Reuters) - Bitcoin briefly climbed above $6,300 on Monday after New York state's Department of Financial Services approved Gemini ...
Vena Network: Open Protocol for Tokenized Asset Financing and Exchange

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Bitcoin Mutual Fund Launches in Canada
First Block Capital Inc., a Canadian cryptocurrency and blockchain investment company, has announced that its bitcoin trust, FBC Bitcoin Trust, has ...
Ether, bitcoin prices tumble as cryptocurrency selloff deepens
The cryptocurrency bear market plumbed a fresh 10-month low, led by a tumble in Bitcoin's biggest rival. Ether slumped 8.1 percent from its level at 5 ...
Spark, a New GUI Lightning Wallet for Bitcoin, Now Available for Download
The platform allows for easy spending and receiving of bitcoins over the Lightning Network, which is renowned for its payment speeds. Users can also ...
Cryptocurrencies ‘Here to Stay, Market Growing despite Recent Turbulence’: EU Watchdog Chief

Following the meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Vienna, Austria on September 7, European Commission Vice-President Vladis Dombrovskis has stated that the Council’s position on cryptocurrencies is that they are here to stay despite market turbulence. CCN earlier reported that the 28 EU finance ministers would meet for an informal

ANON to Take Snapshot of ZClassic (ZCL), Bitcoin (BTC) Balances on September 10
The balances of ANON will be granted to holders of ZClassic (ZCL) and Bitcoin (BTC) although the ZClassic community has shown more interest in ...
Australian State Pilot Puts Driver's Licenses on a Blockchain
Australia's New South Wales government is turning to blockchain for a state-wide test of a driver license digitization program slated for November.
Bitcoin (BTC) Price Analysis: Approaching Triangle Support
Bitcoin has formed lower highs and is gearing up for another test of support at the $5,800 area, possibly ready to form a descending triangle. A bounce ...
72% of Cryptocurrency Investors Plan to Buy More this Year: Survey

A majority of accredited cryptocurrency investors and nearly three-fourths of retail investors plan to increase their cryptocurrency holdings in the next 12 months, a new survey suggests. That survey, conducted by securities trading platform SharesPost in July and eliciting responses from 2,490 retail investors and 528 accredited investors, found that current cryptocurrency owners remain highly-bullish

Iceland's 'Big Bitcoin Heist': Suspects Charged With Over $2M in Stolen Mining Rigs
Back in April Amsterdam police arrested a man named Sindri Thor Stefansson for his connection with stealing millions of dollars worth of bitcoin ...
BitConnect Scam: India's Authorities Arrest Former Politician over Alleged Bitcoin Theft
The company, however, stopped paying dividends and Bhatt with other investors extorted several Bitcoins from the BitConnect exchange. However ...
Breaking: Winklevoss’ Gemini Launches U.S. Dollar-Pegged Cryptocurrency

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the creation of a USD-pegged Ethereum token that looks to supplant tether (USDT) as the stablecoin of choice among bitcoin traders. Gemini Launches Tether Competitor Announced on Monday, the Gemini dollar (GUSD) aims to become what the controversial tether token has not, a

SEC temporarily ceases trading of obscure Bitcoin and Ethereum securities
In an announcement made yesterday, the SEC declared a suspension of trading in the ETN securities known as Bitcoin Tracker One (CXBTF) and ...
Crypto Research Firm Adds Nobel Prize Winners as Advisors
Blockchain research firm and accelerator Cryptic Labs has just taken on two Nobel-winning economists as advisers.
In Cleveland, You Can Now Buy a Luxury Car with Bitcoin
In a press release Monday, local luxury car dealer Bernie Moreno announced that his dealerships will now accept Bitcoin and other cryptocurrencies ...
SEC Suspends Trading in Bitcoin Tracker One and Ether Tracker One
The wait for trading a Bitcoin-based exchange-traded funds (ETF) has just gotten longer, as even the much touted, alternative, overseas-listed ...
Incentive Network Founded by Ex-Alibaba Execs Signs E-Commerce Players in Southeast Asia

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Centive has announced that is has signed Memorandum of Understanding with a couple leading e-commerce players in Southeast Asia, and there are more partners to come once the products

Former Indian Politician Arrested in $1.3 Million Bitcoin Extortion Case
This development is one of the common stains on the fabric of bitcoin and cryptocurrencies. The peer-to-peer payment systems have been taken ...
Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players
Bitcoin (BTC) is slightly down today, fluctuating around the $6,300. The major cryptocurrency is currently trading at $6,287 by press time, down 1.5 ...
‘BitLicense’ Regulator Approves Two USD-Pegged Cryptocurrency Tokens

One of the strictest cryptocurrency regulatory regimes in the United States has approved proposals from two companies under its oversight to issue cryptocurrency tokens whose values are pegged to the U.S. dollar. NYDFS Approves Two Stablecoins In a statement published Monday, the New York Department of Financial Services (NYDFS), creator of the “BitLicense” framework for

Argentina Back in Crisis: Should the Government Buy Bitcoin?
A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.
Top Bitcoin Exchange Kraken Denies Rumors it's Shutting down Canadian Office
Kraken, one of the top cryptocurrency exchanges in the world, has denied rumors that it had laid off hundreds of its staff and was about to shut down its ...
Bitcoin Criticism Answered
Many powerful people and institutions have come out against Bitcoin; we discuss this. Some of the detractors are the current Fed Chairman, The Bank ...
Interstellar Arrives: Visa, Citi-Backed Chain Acquired By Stellar Startup
An acquisition that finds two of crypto's leading entrepreneurs teaming to back the world's sixth-largest blockchain has been confirmed.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price ...
The news of the U.S. Securities and Exchange Commission (SEC) suspending trading in the Bitcoin Tracker One and Ether Tracker One securities has ...
Blockchain Gaming Pioneer XAYA Announces Public Sale is Live Exclusively on Liquid

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

Bugatti, Rolls-Royce, & Bentley Retailer Begins Accepting BTC and BCH
Bitcoin and Bitcoin Cash users can now spend their digital riches on luxury vehicles. A Houston retailer has reportedly become the nation's first ...
Bitcoin Markets Volatile After US SEC Suspends Trading in Two Crypto-Based Securities
US regulators banned trading of XBT Provider's Bitcoin and Ether Tracker One securities Sunday, September 9, briefly sending cryptocurrency ...
The Black Grit That Beat Bitcoin's Rally and Didn't Slump
China's push for blue skies has caused an obscure steelmaking ingredient to fuel gains of as much as 2,600 percent since the start of 2017 for the few ...
SEC issues suspension order on trading bitcoin and Ether Investment products
The US Securities and Exchange Commission (SEC) has issued an order for suspension of trading of Bitcoin Tracker One and Ether Tracker One ...
Citigroup Creates New New Non-Custodial Bitcoin Product
Citigroup has reportedly developed a new way for institutional investors to gain exposure to Bitcoin without owning any, Business Insider reports ...
Bitcoin (BTC) Technical Analysis
The result is that dark cloud cover with Bitcoin sellers jumping in right at the influential eight month resistance trend line near the apex of a descending ...
Bitcoin Price Stable at $6300 But Crypto Market en Route to 2018 Low
On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $6,190 to $6,450. Yet, the rest of the market has struggled to ...
Cryptocurrency Market Update: Bitcoin Diamond (BCD) Pump Defies the Dump
Bitcoin made a small upward movement yesterday but has stayed flat since then trading at $6,320. Further losses look likely for BTC which is not ...
Bitcoin Price Surges Up to $6450 In Mere Seconds
Bitcoin (BTC) saw a sudden and unexpected increase today—in just a matter of minutes. It moved from $6,190 to almost $6,450 dollars in just four ...
Bitcoin Cash Price Analysis: BCH/USD's Recoveries Remain Capped
Bitcoin cash price is struggling to gain traction above $500 against the US Dollar. BCH/USD may resume its downside once the current correction is ...
How to Buy Bitcoin Without Disclosing Your Identity
Privacy preservation is one of cryptocurrency's defining characteristics. Digital assets such as bitcoin provide a far higher degree of anonymity and ...
Does It Matter Who Has the Longest Chain in Bitcoin? Not Really
Bitcoin exists on the blockchain. As bitcoin transactions occur, they're batched into blocks, and the blocks get added to the chain. The chain gets ...
'Crypto Assets Are Here to Stay,' Says EU Commission Vice President
The European Commission will conclude a regulatory assessment of crypto assets this year, because "they are here to stay," says an official.
Bitcoin Price Analysis: BTC/USD remains on the highway to hell, bears eye big break of $6000
The Bitcoin Price was seen holding minor gains of 0.8% on Monday, given some consolation gains, as bears take foot of the gas with selling pressure.
Hashing24.com Boosts the Security in Cooperation with Emer?oin

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ARUXM has Announced Testing ERC20 Token-Based Production Protocol with IOTA Tangle

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

Crypto Update: Ethereum Struggles at $200 as Bitcoin Stands Strong
The cryptocurrency segment continues to be two-faced, with the relative strength of Bitcoin showing stark contrast compared to the broad weakness in ...
Bitcoin Price Watch: BTC/USD Remains At Risk Below $6500
Bitcoin price is struggling to clear the $6,500 barrier against the US Dollar. BTC/USD could extend slides if it fails to move above $6,380 and $6,500.
Leading Hong Kong, Shanghai, Singapore and Australia Scholars Join Forces to Tackle Regulatory Issues around Cryptocurrencies

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Crypto Discussions at Highest Level: The OECD's Love of Blockchain Obscures Its Fear of Bitcoin
Beginning with a 2014 working paper titled, "The Bitcoin Question" the intergovernmental organization has been considering the economic ...
He bet on Bitcoin and lost nearly everything
Sean Russell invested $120,000 into Bitcoin and watched it grow to nearly half a million dollars within a month. Then the market crashed and he lost ...
High-net-worth investors now able to hold bitcoin in registered accounts
High-net-worth investors can now hold bitcoin investments in their registered accounts, including registered retirement savings plans and tax-free ...
Bitcoin Price Intraday Analysis: BTCUSD Rebounding Weakly
The bitcoin price on Monday appreciated versus the US Dollar, boosted by passable buying sentiment near $6,121, July 13 low. The BTC/USD today ...
SEC Suspends Trading in Bitcoin and Ethereum Investment Products
The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) and Ether Tracker ...
Bitcoin price analysis: BTC/USD recovery from weekend lows still limited; Bobby Lee bullish on ...
The cryptocurrency massacre continued into the weekend as Bitcoin extended the declines below the $6,400 and $6,300 support discussed last ...
Terrorists Prefer Cash to Crypto, According to Congressional Testimony
Instead, groups seeking to cause mayhem much prefer good, old cash. Also read: Bitcoin ATMs Targeted by Malware for Sale in Underground Markets ...
Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim

Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps). He said: “No wonder Ethereum is collapsing. 75% of DApps are crypto-kitties, scammy Ponzi pyramid schemes & Casino games. The other 25%

Kucoin Gets Leg Up In Australia
Kucoin chief executive Michael Gan on Sunday announced the Singapore cryptocurrency exchange had injected $3 million into Bitcoin Australia in a ...

Blocks mined

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