12 September 2018

On This Day

Bitcoin price

Closing price: $6328.93 Powered by Coindesk

Headlines

Crypto Exchange Seed CX Raises $15 Million in Series B Round
Seed CX raised $15 million in a Series B round led by Bain Capital. The exchange plans to expand its spot market and derivatives trading services.
The Unflippening: Bitcoin's Resurgent Dominance Showing Who's King
Bitcoin $6971.72 -0.13% has lost the greatest total value of $179 bn, representing a reduction of 'only' 62% from the highs seen earlier in the year, ...
As Bitcoin Prices Tumble, Dogecoin Soars
The past few months have seen Bitcoin prices take a nosedive, with shakeups in the market occurring almost immediately after the boom in 2017, ...
Gemini’s New USD Cryptocurrency Stablecoin: A Whitepaper Deep Dive

The Gemini cryptocurrency exchange, founded by the Winklevoss twins, announced on Monday that the company has launched a stablecoin built on the ERC-20 standard. Named “Gemini Dollar” (GUSD) the coin’s value will be “strictly pegged 1:1 to the U.S. dollar,” according to the whitepaper. Of course, many stablecoins exist that are pegged to USD, such

Judge declares that SEC rules apply to initial bitcoin offerings
A Brooklyn federal court judge has issued what could become a defining decision for cryptocurrencies, declaring that SEC rules apply to initial bitcoin ...
When Cryptocurrencies Fluctuate, He Uses These Tech Tools to Keep Track
Technology has helped spawn a virtual currency market, which is highly volatile. Here’s how Nathaniel Popper, who covers cryptocurrencies, keeps on top of the changes.
Below $50: Litecoin Price Clocks 12-Month Low
The price of litecoin (LTC) has nosedived to 12-month lows amid broad risk aversion in the crypto markets.
The Great Crypto Crash of 2018 surpasses Nasdaq Composite Index: Bitcoin price plunge to ...
The crypto boom in 2017 ignited the hopes among investors as they rushed for opportunities to be part of the Bitcoin “gold) mania. At the same time, ...
Is Bitcoin the New Pets.com? The Crypto Crash of 2018 Is Now Worse Than the Dotcom Bust
The virtual-currency mania of 2017 — fueled by hopes that Bitcoin would become “digital gold” and that blockchain-powered tokens would reshape ...
What Economists Don't Understand About Bitcoin
Of all the things to irritate a Bitcoin enthusiast, perhaps the worst is when economists come out with their negative opinions regarding Bitcoin.
Cash App Supports Bitcoin (BTC) in All 50 States as Square Soars to ATH

Square (SQ) stock soared on Tuesday, smashing it’s all-time high of $91.64. Up 3.26% from $89.37, the stock closed on Tuesday at $92.28, posting over 158% gains this year. In December, Square made a pivot into several financial services, including a partnership with eBay to offer loans to small businesses and a mobile app move into […]

Bitcoin price analysis: BTC/USD sliding down, threatening to retest 2018 low
Bitcoin touched $6,176 low on Tuesday amid ongoing sell-off on the cryptocurrency market. While the digital coin No. 1 managed to recover above ...
Is Bitcoin Building a 2015-Style Price Bottom?
Bitcoin's price decline this year looks eerily similar to a long-term bottom seen in 2015, chart analysis reveals.
Bitcoin Tax Laws Virtually Nonexistent in States
Today more than 3 million people are using cryptocurrencies like Bitcoin, according to a study by the Cambridge Center for Alternative Finance.
Bitcoin Stays Strong As Altcoins Crash
Bitcoin prices have been maintaining stability, even as many alternative protocol assets or "altcoins" suffer notable declines. As bitcoin trades within a ...
Walmart is now selling bitcoins for $1
Walmart is now selling bitcoin for $1. But in a new spin on the volatile and ever-changing world of cryptocurrency, this digital currency is made of ...
Would Coordinated Efforts of Governance Strengthen or Weaken Bitcoin?
The beauty of bitcoin is that it is open-source, and anyone can develop upgrades or additional layers. It should not be up to a consortium of companies ...
Bitcoin Might Revisit $5850 And Below Before Full Recovery [Video]
Bitcoin has been under pressure along with many of its peers in the top 100 cryptos based on market cap. Its trading volume, on the other hand, ...
Azart Is a New Cryptocurrency for Online Gambling Industry

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

Bitcoin Industry Launches DC Lobbying Group to Promote Crypto
Over the last few weeks, there has been a decline in the price of bitcoin compared to the previous year's meteoric heights. This has not stopped ...
Bitcoin Flexes its Muscles as Cryptocurrency Market Tumbles to 2018 Low

The cryptocurrency market crossed an unwelcome milestone on Wednesday, as it not only fell to a year-to-date low but also surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline in the throes of the dotcom bubble that kicked off the new millennium. Cryptocurrency Decline Now Worse Than Dotcom Bubble Following a fresh rout this week,

Indian Government Approves Bank's Blockchain Research
India's top executive body has granted approval for the Exim Bank to conduct research into how blockchain technology may benefit the financial sector.
Bitcoin (BTC) Price Analysis: Testing Long-Term Triangle Bottom
Bitcoin has formed lower highs and found support around the $6,000 level, creating a descending triangle on its daily chart. Price is back down to ...
Cryptocurrency ether plunges again, decoupling from bitcoin
"In this case, bitcoin is acting like more of a safe haven for cryptocurrencies — it's kind of consolidating," said Mati Greenspan, senior market analyst at ...
The Blockchain Academy Europe – Luxembourg, The Leading Course Where Blockchain Excellence Meets Business Leaders

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

Canada Gets Its First Bitcoin-Linked Mutual Fund Trust
Canadian investors are about to get in the real game. This is after First Block Capital Inc (FBC) was given the go-ahead by the Ontario Securities ...
Is the US Intel Community Hunting for the Founder of Bitcoin?
With the creation and massive success of Bitcoin, blockchain technology, and cryptocurrencies, the true identity of its originator has been a topic of ...
Bitcoin Price Should Stabilize Near $5000: Allianz Chief Economist
It is not terribly common for a mainstream economist to say something good about bitcoin in the period of its downtrend, but Mohamad El-Erian once ...
At top schools like Wharton, students are flocking to classes on bitcoin and blockchain
Last spring, Associate Professor of Computer Science Emin Gün Sirer was scheduled to teach a 600-level course on blockchain technology at Cornell ...
Bitcoin Price Analysis: BTC/USD Aiming Lower
Bitcoin still seems to be stuck in consolidation for now in what appears to be a bearish flag formation after the recent slide. In that case, this could be a ...
SEC Hits Two Cryptocurrency Firms With Formal Charges

The Securities and Exchange Commission (SEC) has slapped a crypto asset hedge fund and an ‘ICO Superstore’ with penalties. A digital asset hedge fund manager was charged with misrepresentations and registration failures, marking the SEC’s first-ever enforcement action finding an investment company registration violation by a hedge fund manager based on its investments in digital

Crypto Billionaire Di Iorio Seeks New Start for Jaxx as All-in-One Wallet
Despite some concerns about security, the new Jaxx Liberty mobile wallet could become an all-purpose crypto app.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price ...
As the markets fall deeper into the bear territory, Bitcoin is emerging as the strongest cryptocurrency. It has steadily increased its dominance to about ...
Bitcoin Price Stabilizes But Ether Hits a New 2018 Low
However, Bitcoin, which currently dominates over 50% of the crypto market is staying averse to this cryptocurrency market fall. The price of Bitcoin is ...
Ibinex B2B White Label Crypto Exchange Announces White Paper Release

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Huobi Eyes Japan Expansion With Acquisition of Licensed Crypto Exchange
Huobi Group is about to expand its trading services to Japan via a deal to purchase local cryptocurrency exchange BitTrade.
Ether Shorts Hit Another Record High as Price Sinks
Ethereum traders continue to load up on short positions, having pushed the cryptocurrency lower by more than 30 percent in the last seven days.
'Crypto Tourists' Flee as Bitcoin Slump Drags On
The cryptocurrency rout that began early this year with the popping of the bitcoin bubble has only gotten worse, and there is little sign things will get ...
OKCoin's Star Xu Questioned as Police Investigate Bitcoin Futures Allegations
OKCoin's founder Star Xu wasn't arrested, but was assisting police in Shanghai over a bitcoin futures dispute, reports clarify.
Cryptocurrency Exchange OKCoin Expands to 20 More U.S. States

It’s been nearly one year since one of the world’s largest cryptocurrency exchanges was forced to shut its doors in the wake of a government-imposed trading ban. Now, that exchange, the formerly China-based OKCoin, is eying a comeback on the other side of the globe. Now headquartered in San Francisco, OKCoin’s U.S. offshoot announced on

Crypto Price Crash Similar to Dot-Com Bubble, and That’s not a Bad Thing

As Bitcoin ranges in the $6,000-7,000 range and regains its market dominance, many altcoins are being pushed to their year-to-date lows which is resulting in an overwhelmingly bearish market sentiment. Due to the negative market sentiment, mainstream media outlets have been quick to liken the 2018 crypto crash to the dot-com bubble burst in 2000....

Jetcoin Announces Shirt Sponsorship of Derby County F.C.

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Bitcoin price analysis: BTC/USD finds refuge above $6200 but can it hold
Bitcoin is relatively stable in spite of the falling altcoin prices. Moreover, its market dominance continues to rise while altcoins shed off their value.
Softbank Completes Blockchain Test for Cross-Carrier Mobile Payments
Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept that allows P2P mobile payments across different carriers.
The Current Bitcoin (BTC) Market Situation Is A Tough Bulls And Bears Affair
Bitcoin seems to be swinging on a narrow ledge between bears and bulls, and that seems to be putting the crypto's market at an uneasy position.
Com-Guard.com, Inc. Announces its Bitcoin Product, DataCrypt™ Bitcoin Node on a Blockchain ...
"Com-Guard.com, Inc. has expanded its expertise using the Raspberry Pi line of Computers and implementing Blockchain with a Bitcoin Full Node as ...
Inside Bitewei: The New Bitcoin Miner Being Hailed as a Serious Bitmain Rival
A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto's most lucrative sector.
Canadian Town Pays Hackers Ransom in Bitcoin (BTC)
The ransom that the Canadian town of Midland has paid to cyber criminals to have its servers unblocked was in the form of Bitcoin (BTC), media ...
Watch out for these risks when investing in bitcoin
One big question on investors' lips today is whether bitcoin is risky or not. And the answer to that question is yes, according to financial advisor Ted ...
Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018

The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion that has vanished from the market since its all-time high near $829.96 billion. Almost all the leading coins, including Bitcoin, Ethereum, Litecoin, and Ripple, are in the process of forming

Bitcoin Price Charting Narrow Path as Altcoin Selloff Continues
Bitcoin's price charted a narrow path Wednesday, as the broader cryptocurrency market headed for new yearly lows in the wake of yet another ...
Bitcoin Price Analysis: How Long Will $6000 Support Hold?
After posting a daily high at $6,460, bitcoin price fell below the wedge formation and constant rejections at the 20-MA have kept BTC $6971.72 -0.13% ...
Brazilian Soccer Club Seeks $20 Million In Upcoming ICO
The Avaí Futebol Clube is hoping to raise $20 million in the coming months with an initial coin offering.
Bitcoin dominance at 9-month high amid broad 'altcoin' slump
The selloff in altcoins, coins alternative to bitcoin, shows no signs of moderating Wednesday, with all major altcoins on track to register three ...
Cryptocurrencies Are In A Bear Market But Bitcoin Is Holding Steady
Cryptocurrency and tokens are like any market; when money flows in, the price goes up, when money flows out, the price goes down. Right now the ...
Bitcoin Price Technical Analysis: BTC/USD Hinting Breakdown Action
Bitcoin price on Wednesday recorded a marginal drop of 0.25 percent against a strong U.S. dollar. The BTC/USD today stayed on its prevailing ...
Bitcoin Price Charts Hint at Recovery Rally Above $6.4K
Bitcoin could be in for a decent corrective rally if prices find acceptance above the key resistance of $6,400.
BCH Roundup: Rock Festivals, Long Form Blogging, and Prescription Drugs
The past seven days has been another interesting week for Bitcoin Cash (BCH) proponents. After wrapping up a successful Stress Test Day with a ...
Carbon Becomes Latest Startup to Launch a Dollar-Pegged Stablecoin
Crypto project Carbon has launched its own ethereum-based, dollar-pegged stablecoin dubbed CarbonUSD.
Bitcoin Cash Price Analysis: BCH/USD Extending Losses Below $450
Bitcoin cash price is under pressure as it broke the $450 support against the US Dollar. BCH/USD is likely to extend losses towards $410 and $400 in ...
Is India Ready to Legalize Crypto? Officials Visit Japan & UK to Study Policies
“Before institutional firms were actively trading crypto or heavily involved (before 2018) bitcoin price differences between exchanges varied as high as ...
Those $1 Bitcoins at Walmart have one big catch — they're made of chocolate
Walmart selling Bitcoin should be pretty huge news as it would mean introducing the flagship cryptocurrency to the masses in hitherto unheard-of ...
Bitcoin AND Marijuana? One Firm Chases Fads Over Profits
As for the Bitcoin and blockchain business lines, infrastructure has been set up - a cryptocurrency website, a trading academy, etc. - but there haven't ...
Ethereum (ETH) and Bitcoin Cash (BCH) Prices Hammered Lower - Cryptos Roiled
Bitcoin's market dominance continues to nudge back hig her and is currently around 57.6 % as the altcoin market takes a bigger hit. Bitcoin remains ...
Another Tenuous Spot For Bitcoin
Bitcoin, the largest digital currency by market capitalization, resides just below $6,300 (as of this writing), indicating it is holding the $6,000 area and ...
Binance Partners With Malta to Launch Security Token Trading Platform
Crypto exchange Binance is working with the Malta Stock Exchange to develop and launch a security token trading platform.
FINRA Takes Down HempCoin Cryptocurrency for Selling Unregistered Securities

The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency security. FINFRA, a not-for-profit organization overseen by the SEC to author rules and enforce compliance of

Bitcoin Cash (BCH) Internal Drama Escalates as Bitmain CEO Accuses Japanese Financial Giant ...
The drama inside the Bitcoin Cash (BCH) network intensifies as Jihan Wu, the CEO of Chinese crypto mining giant Bitmain, hurls accusations in the ...
One man's experience with Bitcoin
For small-time Bitcoin investor Sean Russell, it wasn't so easy to see his savings disappear when the currency crashed. Added 9 hours ago.
Bitcoin (BTC) Price Watch: Still Some Selling Pressure Left?
Bitcoin price may still be on shaky ground but it's also worth noting that in times like these, this particular digital asset tends to exert its dominance ...
Bitcoin Price Watch: BTC/USD Sets Eyes On $6080
Bitcoin price is slowly moving lower against the US Dollar. BTC/USD may continue to move down and it could test the $6,080-6,000 support area in ...
Vitalik Buterin Clarifies ‘1000x’ Market Growth Comment, Mocks Backlash and Justin Sun

Vitalik Buterin’s comments that the days of seeing 1000x growth in the crypto space were met with a significant amount of community backlash, no doubt much of it from those who invested heavily at the wrong time and are eager to see the market take off once again. Throughout article comment sections and Twitter threads, the

Libor alternative streaks ahead of bitcoin futures
CME Group, the world's largest futures exchange, has launched two notable futures contracts in the past nine months. One, bitcoin futures in ...
Would You Trade on a Cryptocurrency Exchange Run by Riot Blockchain?

Update 9/12: Coinsquare said that the partnership agreement with RiotX has been canceled and that the Canada-based firm will not power Riot’s planned cryptocurrency exchange. A company representative declined to comment further. The original article is included below: As cryptocurrency trading goes, U.S. residents have access to an enviable array of exchanges and investing platforms.

Cryptocurrencies are in meltdown – are we about to see the end of the Bitcoin dream?
It's official. This week the crash of cryptocurrencies in now greater than the crash in high technology shares after the dot-com bubble at the beginning ...
Bitcoin Price Analysis: BTC/USD calm before the huge storm, as price sits just under breached ...
The Bitcoin price on Wednesday was seen nursing small losses of around 0.5%, as if it were the clam before the storm. BTC/USD is moving just ...
KamaGames is Launching a Token Sale and a Rewards Program for Its Users

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. Established in 2010 and employing over 250 staff, KamaGames is the largest European social, mobile poker platform and one of the fastest growing social casino operators in the world.

Crypto Market Cap Falls to Lowest Level Since Nov 1, Bitcoin Dominance Close to 58%
The worst performers of the day among the top 10 coins were Ethereum, Bitcoin Cash, Litecoin, and Cardano, all of which lost between 7% and 8%.
This Canadian Town is Coughing Up Bitcoin After Ransomware Attack
A town in the Ontario Province of Canada has decided to pay hackers the ransom they are demanding in bitcoin in order to get its computer network ...
ChangeNOW Partners with Exodus Wallet for Smooth and Seamless Exchange of Your Coins

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

Korean Financial Watchdogs Probing Blockchain Firms Over ICO Activity
South Korean regulators are contacting local blockchain startups as part of an investigation into initial coin offerings, according to CoinDesk Korea.

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