6 October 2018

On This Day

Bitcoin price

Closing price: $6563.425 Powered by Coindesk

Headlines

Blockchain Capital Expert: 'Bitcoin Is Close to Bottoming'
Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital has said that the Bitcoin (BTC) price has nearly found ...
Bitcoin SURGES as cryptocurrency expert predicts currency could ROCKET
Bitcoin is “close to bottoming” according to Spencer Bogart, a Partner at Blockchain Capital - a venture capital company that invests in blockchain ...
Bitcoin Price Remains Stable Below $6,600, What’s Next for Crypto Market?

For over a week, Bitcoin has remained relatively stable in the $6,400 to $6,600 range, struggling to sustain its daily trading volume across major crypto exchanges. Within the past 48 hours, the volume of Bitcoin has declined from $4 billion to $3.2 billion on Coinmarketcap and from $2.6 billion to $2 billion on CoinCap.io, the

Satoshi's “Fair” Bitcoin Distribution Analysis: Nakamoto's Mining Activity Proves to be Optimal
Most bitcoiners assume that bitcoin creator Satoshi Nakamoto was able to mine over one million bitcoins during the early days of the bitcoin network.
Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork
Developer Mark Friedenbach has unveiled a discovery that could make certain contentious changes to bitcoin a bit easier.
Trade Bitcoin [BTC], Ether [ETH] commission-free now in Arkansas, Tennessee, Robinhood ...
It also confirmed that big cryptocurrencies such as Bitcoin [BTC] and Ethereum [ETH] can be traded via Robinhood commission fee in these regions.
Most Institutions Believe Bitcoin (BTC) Has Bottomed
This survey corroborates Mr. Lee's view of the historical behavior of Bitcoin prices. According to his insights in both technical and fundamental analysis ...
Bitcoin Fraudsters Set to be Deported from Philippines
Go, allegedly worked with five other co-conspirators to deceive people into investing in fake Bitcoin (BTC) $6627.18 +0.2% schemes. His arrest ...
Leading Investor: Crypto News Isn't A Catalyst, Bitcoin Will Bottom Soon
For the first time in a blue moon, volatility levels in the crypto market have taken a sharp decline, as many digital assets, like Bitcoin, remain ...
Blockchain Gaming Platform TriForce Tokens Releases Steam Game, Announces Final Token Sale

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

‘Rehypothecation’: Inside the Wall Street Practice that Could Ruin Bitcoin

Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand

Bitcoin (BTC) And Reversal Of The Commodities Market
Bitcoin (BTC) is a commodity. A quick glance at the S&P Commodity Index vs. S&P 500 tells us that commodities have been in a downtrend since ...
Jambler.io Welcomes Its First Bitcoin Mixing Partners

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 Market Has ‘Run Out of Juice’: Cryptocurrency Analyst

Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has Become Boring “One can argue that the depressed volatility patterns we’re seeing with bitcoin is

Mainstream Media Publication Asks Crypto Community to Reconsider Bitcoin
Bitcoin has been in the market for the last 10 years growing at incredible rates. Since that moment, the crypto space experienced different situations, ...
Pigeoncoin (PGN) Hacked Due to Bitcoin Protocol Bug, Copycat Coins in Danger?

Pigeoncoin (PGN), a small market cap digital asset traded on two obscure exchanges, has finally got the spotlight from the crypto community but for the worst reason. A hacker stole 235 million PGN tokens through a Bitcoin protocol bug. The attack on the cryptocurrency’s source code rendered the equivalent to $15,000 as PGN is priced...

Crypto Markets Stay Mostly Stagnant Despite This Week's Major News for Industry
Indeed, Bitcoin (BTC) has recently shown uncommon price stability over the past month, hovering comfortably between $6,300 and $6,600 starting ...
Bitcoin [BTC] has no intrinsic value, says Roger Ver on a debate with Litecoin [LTC]'s Charlie Lee
In a recent debate, the CEO of Bitcoin.com, Roger Ver spoke to Charlie Lee, the creator of Litecoin [LTC] on various aspects of Bitcoin [BTC].
Soulja Boy Embraces Bitcoin on New Track
While much of the album focuses on traditional rap subjects, one track on the album, “Bitcoin,” focuses on the artists' love of the cryptocurrency — as ...
Bittrex to Delist Two Bitcoin Forks and Bitshares
Considering how the Bitcoin Gold project has generated a few headlines, one wouldn't necessarily expect this currency to be removed form Bittrex.
Bitcoin news: How to keep YOUR cryptocurrency safe from hackers and theft
In a year where £840million ($1.1billion) of cryptocurrency has already been stolen, Express.co.uk exclusively reveals how best to keep to keep your ...
BlackBerry to Launch Blockchain for Medical Data Sharing

BlackBerry Limited has now come up with a blockchain solution for secure data sharing among healthcare providers in order to improve patient outcomes. The company is using its network operation center (NOC) to power a blockchain digital ledger that aims to create a secure global system for storing and sharing patient medical data, a release

SEC Files Multiple Amendments Related to Bitcoin ETFs, Paving The Way for an Approval
The Securities and Exchange Commission (SEC) seems determined to fix its past mistakes and, in a sign of its willingness to rectify, yesterday issued ...
Bitcoin Choppiness Index (CHOP) Helps Track Crypto Market Stability and Trends
This, as one can see, will be ideal to help determine if the Bitcoin market has stabilized at a bottom. Similarly, it can also be used to spot a Bitcoin rally ...
Bitcoin Lobbyist, 'Dr. Doom' to Square Off Next Week in Senate Blockchain Hearing
He has long been an adamant basher of bitcoin, remarking in November of last year that the popular cryptocurrency is not a good way to store capital ...
Fmr. Bitcoin Analyst on Big Week in Crypto, Bitcoin Bottoming & New Crypto Bull Market
Spencer Bogart, former Bitcoin expert, and partner at Blockchain Capital calls out a bottom for bitcoin and crypto soon as big news of TD, Ric Edelman, ...
Spencer Bogart Of Blockchain Capital Says Bitcoin (BTC) Price Is Close To Bottoming
Bitcoin is “close to bottoming” according to Spencer Bogart, a Partner at Blockchain Capital – a venture capital company that invests in blockchain ...
Bitcoin Price Watch: Currency Still Unmoving, though a Breakout Is Still Possible
At press time, the father of cryptocurrency is still trading in the $6,500 range. Nothing has been altered in bitcoin's present course; it's stayed in this ...
Will Yale’s Investment in Crypto Lead to More Institutional Investors?

This week, CCN reported that Yale, the prestigious Connecticut-based academic institution, has invested in a $400 million crypto fund operated by veterans in the digital asset and finance space. Coinbase Inc. co-founder Fred Ehrsam, former Sequoia Capital partner Matt Huang, and billion dollar crypto hedge fund Pantera Capital ex-employee Charles Noyes reportedly launched a new

New Bitcoin Cash (BCH) Desktop Wallet BadgerWallet.Cash Launches as Chrome Extension
A group of BCH (Bitcoin Cash) developers has released a fresh Bitcoin Cash desktop-based wallet that is very similar to Metamask—the ETH-light ...
Fundstrat Investor Survey Concludes Bitcoin would Boom During a Global Recession
In general, Thomas Lee, co-founder of the company, has predicted Bitcoin's price increases in several occasions during this year. Nonetheless, Bitcoin ...
Bitcoin [BTC/USD] Technical Analysis: Has the bottom been found? Price at a crucial crossroads
Bitcoin [BTC] has seen an extended sideways movement over the past week, sticking close to the $6600 level that it has held as being crucial for the ...
Amid Peso's Soaring Inflation the Number of Bitcoin ATMs in Argentina to Hit 30
According to the latest report, Argentina will become the next country to turn to the world of crypto in order to struggle with economic crisis and ...
Soulja Boy Just Tweeted His New Song Bitcoin to 5.27 Million Followers, Raps About Litecoin ...
American rapper Soulja Boy just dropped his latest record “Young Drako” – complete with “Bitcoin”, a new track about the artist's crypto trading skills.
More Bitcoin ATMs for Argentina Amidst Country's Financial Crisis
Two U.S. based companies, Athena Bitcoin and Odyssey Group, plan to install more BTC ATMs around the South American country, bringing a ray of ...
Bitcoin Market has Simply Just Run Out of Juice, states Analyst Report, Explains Why No Activity
According to the latest report, Bitcoin market has “almost become boring” as there is not much activity going in the market. With Bitcoin ETF decisions ...
Bitcoin [BTC] and Tron [TRX] hits the brakes on the bearish slide, sees steady growth
Yesterday's bearish market seems to have taken a roundabout with most of the popular cryptocurrencies basking in the shadow of the bull. Bitcoin ...
Crypto Trading 101: Pivot Points And Why They're Useful
When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more.
Malta Financial Regulator Looks to Bolster Cryptocurrency Industry

Having earned the reputation of “Blockchain Island”, Malta is taking steps to preserve the industry by investing heavily in supervisory technology in order to protect the blockchain industry. Such investments according to authorities are aimed at ensuring that the inherent risks associated with virtual currencies are kept at a minimal level in Malta. There Is

Bitcoin Exploiting Fiat Volatility in Argentina & Iran, An Opportunity for Crypto Explosion
Bitcoin is exploiting the economic and fiat crisis as Argentina will see more than 150 Bitcoin ATMs installed by next year while emerging markets like ...
Pantera's Digital Asset Fund Down 72% In 2018, Bitcoin (BTC) 'Only' Down 50%
Pantera Capital is undoubtedly one of the leading venture funds in the cryptosphere, but its status and fame haven't helped Pantera's Digital Asset ...
Pantera Capital’s Crypto Fund Reports 40.8% Loss Since Launch

Pantera Capital’s Digital Asset Fund has sunk in value since it began in December 2017. A report which surfaced on social media revealed that the U.S. investment firm negated 40.8 percent returns to its investors to date. The figures contributed to the fund’s year-to-date losses, which rose to 72.7 percent. The fund’s compound annual growth...

Bitcoin's Block Size Can Be Increased Without Hard Fork, Says Blockstream Co-Founder
Bitcoin (BTC) protocol developer Mark Friedenbach introduced a method for Bitcoin scaling he claims will not require a hard fork at a workshop in ...
Bitcoin [BTC] and Bitcoin Cash [BCH] to be accepted at UK pub, extra perks offered
The mass adoption of cryptocurrencies is taking a new step with latest reports stating that Bitcoin [BTC] and Bitcoin Cash [BCH] will be accepted at a ...
Pay for Your Groceries With Crypto Using VegaWallet’s Mobile App

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. Even though cryptocurrencies have made it well beyond a concept and thousands of transactions are done through them on a daily basis, they still face issues when it

Soulja Boy of ”Crank That” Fame Dedicates Song to Bitcoin
In ”Bitcoin”, however, it would seem that the rapper has now joined the global clique of cryptocurrency enthusiasts. As the title would suggest, the track ...
Bogart: Bitcoin is Close to Bottoming Out
In an interview with CNBC on Friday (September 5, 2018), Boggart said that Bitcoin would recover once it bottoms out. Commenting on the impending ...
Bitcoin Volatility Hits 17-Month Low, What's Next?
Bitcoin's volatility rates have hit a 17-month low, due to a combination of a slow news cycle and low trading volume, leading some investors to believe ...
SEC to Review 9 Bitcoin ETF Applications by October 26th
The SEC has set a deadline of the 26th of October for reviewing nine previously rejected applications for creation and listing of bitcoin exchange ...
Blockstream Co-Founder: Scaling Bitcoin (BTC) Doesn't Require A Hard Fork
One of these industry leaders is Mark Friedenbach, a Bitcoin developer and the co-founder of blockchain tech startup Blockstream, who recently ...
Fundstrat Crypto Data Reveals Institutions Favor Bitcoin while Ripple Rules Twitter
According to a study on digital currencies conducted by Fundstrat, Bitcoin is favored by institutional investors while Ripple's XRP is the favorite coin for ...
BTC/USD Little Changed as SEC Re-Opens Review of Nine Bitcoin ETF Applications
Bitcoin's price was little changed heading into the weekend, as volatility fell to fresh yearly lows after the U.S. Securities and Exchange Commission ...
Winklevoss’ Gemini Now Provides Insurance for Customers’ Cryptocurrencies

Gemini announced during the week in a press release that the exchange has partnered with leading insurers to provide coverage on custodial digital assets. Effective since October 1, 2018, insurance coverage is provided on digital assets held in Gemini’s custodial service. Aon, a leading global professional services firm providing a broad range of risk, retirement and health

Soulja Boy Releases a Track Called “Bitcoin”
At the same time, one cannot ignore the overall interest in Bitcoin and top altcoins continues to grow, which might hint at bigger things to come. Soulja ...
Seoul Mayor Announces $53.39 Million Fund for Blockchain Districts

A South Koran politician has committed a $53.39 million fund to develop blockchain regions in Seoul, local media reported. Park Won-soon, who is the mayor of the South Korean capital city, said their government would create two business complexes to settle 200 blockchain-related companies by 2021. The districts would also serve the purpose of training 730

Bitcoin (BTC) Long Term Price Forecast
Meanwhile, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. Meanwhile, the Relative ...
Bitcoin [BTC] has bottomed, “crypto-bonfire” during next bull run, says Blockchain Capital partner
While doing so, he also predicted that the price of Bitcoin [BTC] would reach a bottom soon. Calling the past week one of the “best weeks” for ...
Philippines Deports Mastermind of $33 Million Bitcoin Pyramid Scheme

The Bureau of Immigration of the Philippines had ordered the deportation of a South Korean national who is wanted in South Korea over his involvement in a bitcoin pyramid scheme. Identified as Go Yongsung, the South Korean was arrested in the city of Las Pinas. According to Jaime Morente, a Bureau of Immigration Commissioner, the

Cryptocurrency Exchange Poloniex to Yank Margin Trading, Lending for U.S. Customers

Poloniex, the exchange Circle has been working to revive since acquiring it in February, announced in a blog that it will eliminate its margin and lending products for U.S. customers by year’s end and delist three altcoins. The company noted it is removing the margin and lending products in the U.S. to ensure the exchange

Bitcoin SegWit Transactions Hit 50% for the First Time
After a steady growth for the past year, SegWit now comprises half of the total Bitcoin transactions. Just recently, Coinbase, crypto hardware wallet ...
Bitcoin [BTC]'s defining characteristics are more prevalent in Bitcoin Cash [BCH], says Roger Ver
Recently on the Blockchain Cruise, Roger Ver, a Bitcoin Cash [BCH] maximalist and the CEO of Bitcoin.com had a debate with Charlie Lee, the creator ...
Institutional Investors View Bitcoin and Cryptocurrencies as Bullish if Economic Recession Unfolds
Despite a rough patch in 2018, Bitcoin managed to climb over 1000% in 2017. Since its peak in December 2017, it has shed more than 60% of that ...
The Crypto Reality Group's Piper Moretti Looks to Build Bitcoin and Real Estate Platform
Along with a Bitcoin-friendly real estate business, she also offers Crypto x Real Estate course and consulting. Piper wants to teache real estate agents ...
$50000 Lost to Bitcoin ATM Scam in Australia
The victims would then withdraw their savings from their bank accounts, travel to Brabryook's Bitcoin ATM and pay off the fake debt to a specified ...
Wall Street Claims Bitcoin Has Reached Its Bottom
Tom Lee claims Wall Street is warming up to Bitcoin. According to Lee, in a survey conducted, the majority of participants seem to agree Bitcoin has ...
Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018
Since early September, the price of Bitcoin has gradually increased from $6,100 to $6,550, testing the $6,800 resistance level on two occasions.

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