7 October 2018

On This Day

Bitcoin price

Closing price: $6582.4013 Powered by Coindesk

Headlines

Recent Bitcoin Developments Hint the Bear Market Could Soon Be Over
Between the price of Bitcoin making higher lows and the countless fundamental improvements to Bitcoin, some believe the bear market could be over.
“Negative Interest” Is the Latest Government Scheme to Deter Saving
One of the factors behind Bitcoin's rise is a collective weariness with debased national currencies from a populace given little incentive to accrue them.
Mike Novogratz Downgrades Bitcoin Price Prediction, Says it Won't Break $9000 in 2018
Novogratz' latest call contradicts a number of very bullish forecasts he has made in the past, including a prediction last fall that Bitcoin could sail past ...
Venezuela Demands Citizens Pay for Passports With Petro
Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay ...
No hard forks needed – revolutionary new concept for bitcoin introduced by Blockstream
The “Scaling Bitcoin” conference took place in Tokyo on Friday. Mark Friedenbach from Blockstream presented a groundbreaking concept for Bitcoin.
Hacked Bitcoin Exchange Zaif Discontinues New Registrations

Tech Bureau Inc., the owner of Zaif exchange, decided to suspend new account registrations at their trading platform temporarily. The decision came on September 28, 14 days after a hacking incident took place at Zaif and caused the crypto exchange more than $60 million worth of damages. Tech Bureau said in its press statement that

'Rehypothecation': More about the Wall Street Practice that Could Ruin Bitcoin
Note: This is part 4 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and ...
EOS Takes a Vow, Malta at the UN, and an $8 Billion Valuation: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Also make sure you check out our interview with Caitlin Long. Price Watch: Bitcoin is down 1.11% this week following a

WhatsApp Bitcoin Trading Is Exploding Due To African Crypto Exchange Issues
A cryptocurrency user and worker, Jack (according to Bitcoin.com this is not his real name), decided to quit his job in Harare. He was working in a ...
Bittrex Exchange to Remove BitShares, Bitcoin Gold And Bitcoin Private Coins
Bitcoin Gold's removal from Bittrex has been pretty surprising considering that the project has been generating quite a few headlines recently.
Bitcoin Cash (BCH) Now Accepted By Hipster Brewery Brewdog - Bitcoin Cash News. Sunday ...
For the first time, patrons of this hipster brewery will be able to pay with cryptocurrencies – specifically, with Bitcoin (BTC) and Bitcoin Cash (BCH).
Is the Bitcoin price worth less than $10?
The price of Bitcoin has been on a rocky ride over the past 12 months. After surging to nearly $20,000 at the end of last year, the value of the ...
Major Crypto Exchange Bitfinex Obtains Banking Partner in HSBC, Will it Last?

On Oct. 6, Larry Cermak, former editor at Diar and head analyst at The Block, reported that leading crypto exchange Bitfinex obtained a banking partner in HSBC, a $133 billion banking giant based in London. “Bitfinex is now banking with HSBC through a private account of Global Trading Solutions. Very good fit if you ask

U.S. Senate Candidate Signs Clemency Petition For Ross Ulbricht

Silk Road founder Ross Ulbricht is currently serving a double life sentence plus 40 years for his role in operating the infamous Silk Road website. Ulbricht is not eligible for parole. He is currently imprisoned at the high-security United States Penitentiary, Florence High, in Colorado. In August, Maine State Senator and current U.S. Senate Candidate

Litecoin Creator Charlie Lee: Bitcoin With Lightning Network Is Satoshi's Vision
In a series of tweets, Litecoin creator Charlie Lee explains why he believes Bitcoin, together with the Lightning Network (LN), represents the original ...
Android-Powered Bitcoin Full Nodes Arrive Sooner, ABCore Alpha Pre-Released on GitHub
An Alpha Proof Of Concept v0.68 for the long-awaited Android Bitcoin Core (ABCore) was pre-released on Oct. 2, 2018. The project was initially ...
Bitcoin Price Close to Bottom, Will See $10000 this Year: Hedge Fund Mgr.
The cryptocurrency market capitalization has dropped by $575 billion since its all-time high, and the bitcoin price has dropped by two-thirds since it ...
Trade Recommendation: Bitcoin Cash/Ethereum
The Bitcoin Cash/Ethereum pair (BCH/ETH) breached resistance of 2.20 on September 26, 2018. This triggered the breakout from the large ...
Review: Coinkite Coldcard Bitcoin and Litecoin Hardware Wallet
The biggest challenge to mass acceptance of cryptocurrencies, before mass adoption will ever be possible, is in making them easy to both secure and ...
Hackers Sell Stolen Facebook Accounts On The Dark Web For Bitcoin (BTC And BCH)
Presently, a majority of these transactions involve either Bitcoin Core or Bitcoin Cash. This rather surprising, given that these two coins lack true ...
UK's oldest bitcoin exchange slashes jobs
The UK's oldest bitcoin exchange is to cut the majority of its staff in a surprise setback for the City's fintech industry. Coinfloor, the exchange backed by ...
US Indicts Seven Russian Agents Who Used Bitcoin To Fund Illegal Covert Operations
A U.S. grand jury has filed charges against seven alleged Russian intelligence agents who used Bitcoin to operate illegal cyber activities.
Bitcoin, Altcoin Prices Shun Volatility Amid Multi-Year Trade Volume Lows
At press time, Bitcoin is trading at around $6,545, slightly up on its position during the first week of September, while seeing volatility topping $1,500 in ...
“Bitcoin is too close to a sudden fall”
Blockchain Capital Expert: “Bitcoin is too close to a sudden fall”. Bitcoin price analysis is available on Sunday, October 7. The crypto money sector is ...
“Bitcoin [BTC] with Lightning Network more closely fits Satoshi's vision” says Litecoin [LTC]'s ...
On 6th October, Charlie Lee elucidated on the difference between the on-chain Bitcoin [BTC] and Litecoin [LTC] payments in a series of tweets.
Sidechains Are Bringing ICOs to Bitcoin And That Might Change Crypto Funding
By the end of the year, an initial coin offering will be launched on bitcoin. thanks to sidechains tech.
Bitcoin – Low Volatility May Be Bad for Traders, But the SEC Might Like It
Bitcoin slipped by 0.67% on Saturday, reversing most of Friday's 0.74% gain, to end the day at $6,595.1. The reversal took Bitcoin into negative ...
10 Best Secure Bitcoin Wallets All Cryptocurrency Investors Should Buy And Use
Bitcoin Armory has gained a reputation of being an extremely secure wallet. The wallet only supports bitcoin and it has never been hacked. The wallet ...
Bittrex to Delist Bitshares, Bitcoin Gold, and Bitcoin Private
Bittrex announced the removal of Bitshares, Bitcoin Gold, and Bitcoin Private wallets from its exchange. None of these coins currently have markets on ...
Blockchain Use in the Life Science Organizations has Tripled Since 2017: Survey

Blockchain adoption in the life sciences has risen exponentially in the last one year despite the existence of significant barriers. According to The Pistoia Alliance, a global nonprofit of life science firms, 60% of the professionals in the pharmaceutical and life science sector are either currently using blockchain technology or at least experimenting with it.

Bitcoin's Low Volatility Might Mean Price Manipulation Is Waning
Since its inception, Bitcoin has exhibited a highly volatile nature. However, during the past few days, Bitcoin's price volatility has fallen to the lowest ...
World Trade Organization Says Ripple Could Transform Global Commerce, Highlights Bitcoin ...
The report also covers Bitcoin and Ethereum, noting that the platforms are pioneers in the emerging tech that's highly resilient to cyber attacks, and ...
Bitcoin Basher “Dr. Doom” to Debate at Senate's Crypto and Blockchain Hearing October 11
A full committee hearing entitled “Exploring the Cryptocurrency and blockchain Ecosystem” is set to be held by the U.S. Senate Committee on Banking, ...
Bitcoin, Ethereum, Ripple Price Analysis for the week October 01 to October 07
WSJ report Bots Are Manipulating Bitcoin. South Korea's Chief Policy Maker Favours ICOs Legalisation. This week, TD Ameritrade Holding Corp.
Robinhood Crypto Expands to Three More States
Then in July, bitcoin cash (BCH), litecoin (LTC), and dogecoin (DOGE) were added. In August, the platform announced support for ethereum classic ...
Bitcoin Has Virtually Run Out of Upside Momentum, Could Soon Head South: Oct. 7
Bitcoin has a possibility of a bearish breakout of the symmetrical triangle on the daily chart. Ripple and Ethereum may also be bearish. The weekend ...
Pantera's Digital Asset Fund Down by 72%, More Than Bitcoin In 2018
The digital asset fund of Pantera Capital has dropped massively since the start of the year, performing even below Bitcoin. The compound annual ...
BrikBit Builds a New Era for Real Estate Businesses with Blockchain

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 Price Weekly Analysis: BTC/USD Buyers Losing Momentum Above $6600
Bitcoin price is trading with a positive bias above $6,400 against the US Dollar. BTC/USD must break the $6,650 resistance to gain upside momentum.
Profile of the Average American Bitcoin Investor
The average Bitcoin investor is young, well-off, male and lives predominantly in large urban cities reveals a new survey.
Binance’s Astronomical Success is Motivated By Adversities Faced in China

The regulatory clampdown on cryptocurrency exchanges in China has been noted as a key factor in the sensational growth of Binance in 2018. Launched in the middle of 2017, the rate of growth that Binance has experienced, both in terms of trading volume and capitalization has attracted a lot of attention within the cryptocurrency environment.

Ripple Drops 8% as Volume Drops 50% in 1 Week, Bitcoin Remains Bearish

On October 6, CCN reported that the volume of Ripple has declined by more than 50 percent within the past four days. Since then, XRP has declined by around eight percent against the US dollar. The volume of Bitcoin has slightly recovered to $2 billion on CoinCap.io and $3.3 billion on Coinmarketcap, but the dominant

Bitfinex Strongly Refutes Insolvency Claims
They contain almost $1 billion of bitcoin core, $400 million of ether and $200 million of EOS. Since the bulk of these assets are presumably customer ...
Charlie Lee and Roger Ver Debate About Bitcoin and Cryptocurrencies
Charlie Lee and Roger Ver have been talking about Bitcoin and the Lightning Network (LN) during a debate organized by Bitcoin.com. During the ...
Segwit is Gaining Popularity due to Rapid Processing of Bitcoin Transactions
Over half of all bitcoin transactions are performed today via an advanced-technology network called Segregated Witness (Segwit). Recent research ...
10 Bitcoin Basics Every Crypto Investor Should Know
Investors are fickle, often turning to whatever fad investment offers the most immediate chance to get rich quick. Bitcoin drew in hordes of investors in ...
Bitcoin Price Intraday Analysis: BTC/USD Undergoes False Breakout
Bitcoin spent its Sunday reclaiming its support near $6,500 after witnessing a false breakout action yesterday. The BTC/USD, in reality, is stable like it ...
Bitcoin's Block Size Can Be Increased Without Creating A New Coin
Mark Friedenbach, the co-founder of Blockstream, put forward a proposal explaining that the Bitcoin network can increase its block size without a hard ...
Bitcoin (BTC) Price Volatility Sees New 17 Month Record Lows Signaling Crypto Market Maturity
Bitcoin's volatility has reached new 17-month lows. This can be explained by different factors such as slow news cycle and low trading volume.
Bitcoin Price Watch: Currency Still Unwavering, No Direction Set
At press time, the price of bitcoin is still refusing to budge, and remains solidly in the $6,500 range. The currency continues to move in a sideways ...
Bitcoin, Ethereum, and Ripple start the week in the red
It was a rather subdued weekend of trade for the crypto market with small declines being seen across the board. This has left the entire value of the ...
Is There Actually a Lofty of Demand for Bitcoin & Other Cryptos?
Bitcoin (BTC), the number one crypto, has for the last two weeks been frozen up to a movement that an expert analyst says is due to a "chronic lack of ...
Blockchain Startup Inks Sponsorship Deal with British Masters Tournament

A blockchain startup is going to be an official sponsor for a professional golf tournament in the United Kingdom. LIFElabs, a philanthropy-based crypto company, has entered into a sponsorship deal with the Sky Sports British Masters tournament, which is scheduled to begin next week. The partnership would mark LIFElabs as the first digital currency firm

Charlie Lee to Roger Ver: It's Hypocrite to be Offended by the Term “Bcash” While Using the Term ...
While debating with Roger Ver, the creator of Litecoin, Charlie Lee had the opportunity to touch on the “rivalry” between the Bitcoin (BTC) and Bitcoin ...

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