9 October 2018

On This Day

Bitcoin price

Closing price: $6606.8825 Powered by Coindesk


Now's not the time to increase your bitcoin exposure, analyst says
Bitcoin, BTCUSD, -0.61% the world's largest digital currency with a market cap or more than $100 billion, is trading at $6,598.85, down 0.6% since ...
California Escrow Company Will Accept Bitcoin As Increasing Number of Home Listings Adopt Crypto
Glen Oaks Escrow, an independent escrow company in Southern California, is now accepting cryptocurrency. The company will use leading Bitcoin processor BitPay to settle transactions. By using BitPay, escrow funds can flow from buyer to seller in Bitcoin. BitPay converts the crypto into cash and then wires it into the designated escrow account. “Increasingly, blockchain […]
Roubini Calls Buterin a Dictator, Falsely Claims Crypto is Centralized

Nouriel Roubini, a proclaimed critic of the crypto sector, characterized decentralization as a myth, claiming that no system, currency, or protocol can exist in a peer-to-peer ecosystem. “Decentralization in crypto is a myth. It is a system more centralized than North Korea: miners are centralized, exchanges are centralized, developers are centralized dictators (Buterin is ‘dictator

Australia Wants Citizens With Disability to Settle Insurance on a Blockchain
Australians with disabilities may soon have an easier way to settle insurance payments, thanks to a blockchain initiative from CommBank and CSIRO.
Crypto Industry on 'Brink of an Implosion,' Researcher Says
Industry bellwether Bitcoin had seen its daily transaction volumes fall from an average of around 360,000 a day in late 2017 to just 230,000 in ...
Profiles in Crypto-Awesome: Miss Bitcoin, Mai Fujimoto
Recents efforts to address gender imbalance in the industry only really serve to highlight crypto still being rather a boys-club. So Miss Bitcoin is just an ...
Bitcoin (BTC) Price Watch: More Signs Point to Gains
Bitcoin could set its sights higher as it gains more traction on its bullish triangle breakout, aiming for $7,000 next. Technical Indicators Signals. The 100 ...
Bitcoin Cash [BCH] proponent Bitcoin ABC speaks up against Nakamoto Consensus
The tension between the Bitcoin SV and Bitcoin ABC sub-communities has been spreading like wildfire. Recently, Calvin Ayre, who is the supporter of ...
China is capable of destabilizing or destroying Bitcoin, new research suggests
In 2008, Bitcoin was envisioned by its pseudonymous founder Satoshi Nakamoto as a trustless, decentralized peer-to-peer electronic cash system.
Indiegogo’s First Security Token ICO Raised $18 Million

The owner-operator of the St. Regis Aspen Resort has concluded its security token offering (STO), raising $18 million in the first equity ICO hosted on the Indiegogo platform. Asset management firm Elevated Returns, the owner of St. Regis Aspen, on Tuesday announced that accredited investors had purchased all $18 million worth of Aspen Coins made

'Bitcoin Jesus' Mulls Plans to Launch his Own Cryptocurrency Exchange
Bitcoin.com CEO Roger Ver, who is sometimes called “Bitcoin Jesus” because he was one of the first investors of No.1 virtual coin, is gearing up to ...
Bitwala Partners With Visa-Backed Solaris on Blockchain Bank Account
Blockchain startup Bitwala is working with Berlin-based fintech company solarisBank to launch Germany's first "blockchain bank account."
IMF Issues Stark Warning Over Bitcoin And Crypto 'Rapid' Growth
The International Monetary Fund (IMF) has warned the “rapid growth” of bitcoin and cryptocurrency assets could create “new vulnerabilities in the ...
Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?

The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6.93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China....

Bitcoin Price Intraday Analysis: BTC/USD Confirms Bull Trap
The Bitcoin-to-dollar exchange rate on Tuesday dropped 1.69 percent from 6734-fiat to 6620-fiat after confirming a bull trap. The current market ...
Can You Crack This Crypto Puzzle for 310 Bitcoin (BTC) – Worth $2 Million?
If you’re looking for an extra $2 million in Bitcoin, you may just need to be really good at puzzles. A new website says 310 BTC is hidden inside the cryptic puzzle below. Anyone can solve it. You just have to crack the code, find the key to the Bitcoin and they’re all yours. The […]
Forbes Partners With Civil to Publish Content on a Blockchain
Forbes will begin publishing article metadata to Civil's blockchain platform starting next year, the companies announced Tuesday.
To Scale Bitcoin, Little Improvements Will Need to Go a Long Way
Bitcoin Cash and SegWit in the past, it was a non-contentious year for the bitcoin developer community's annual Scaling Bitcoin conference.
Fundstrate Analyst Says Now is Not the Time to Increase Bitcoin Exposure
Over the past week Bitcoin has seen an unprecedented amount of stability, with its volatility hitting a 17-month low. During the past few weeks, altcoins ...
Bitcoin Cash Evangelist Roger Ver May Launch a Cryptocurrency Exchange
Bitcoin cash evangelist and Bitcoin.com owner Roger Ver is considering launching a cryptocurrency exchange that would use BCH as its base ...
Venezuela Bitcoin Trading Hits New Record As Maduro Confirms Petro Launch
Venezuela posted its largest-ever Bitcoin trading volumes last week, data compiled October 6 confirms, as the country announced several new ...
Bitcoin Price Analysis: Is Bitcoin Ready for a Breakout Above the Short Term Consolidation Pattern
Bitcoin continues on its sideways trajectory as the market approaches the apex of another short-term triangle pattern. The cryptocurrency has seen a ...
Warren Buffet Is the CEO of Bitcoin, According to Google
One of the Bitcoin community's most intractable messaging problems is the incorrect assumption that any one person is in charge—a common ...
Bitcoin Cash Advocate Roger Ver Considers Launching Own Exchange
The early investor in Bitcoin, who courted controversy last year when he switched his allegiance to an offshoot, Bitcoin Cash, said he's considering ...
Mastercard Patent Hints at Plan for Multi-Currency Blockchains
A new Mastercard patent outlines how a permissioned blockchain can store multiple types of transaction info, including with different currencies.
Thailand Studies Blockchain for Applications in Intellectual Property, Trade Finance

Two feasibility studies on blockchain technology have been launched by Thailand’s Ministry of Commerce. The studies, which will focus on exploring the use of blockchain technology in trade finance and the registration of intellectual property, are expected to be completed in February 2019, per the Bangkok Post. According to Pimchanok Vonkorpon, the director of Thailand’s

A Look at the CYBR Ecosystem

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. Lately, there has been a lot of talk about cybersecurity, and the risks associated with the blockchain ecosystem. Hackers and other cybercriminals are continuously trying to hack into blockchain

SpankChain Loses $40K in Hack Due to Smart Contract Bug
SpankChain, a cryptocurrency project focused on the adult industry, lost almost $40,000 due to a smart contract flaw on Saturday.
Crypto Fund Wins License From Swiss Markets Watchdog
Switzerland's financial markets regulator FINMA has issued an asset management license to a crypto investment fund.
Jack Ma: I Pay Special Attention to Blockchain & Bitcoin to Create Cashless Society

Jack Ma, the chairman of Alibaba and $150 billion China-based financial conglomerate Ant Financial, has said in a recent speech that he pays special attention to Bitcoin and blockchain technology, and the potential of establishing a cashless society. Although Ma is still studying the fundamental value Bitcoin and other major cryptocurrencies bring to the market,

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019
After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.
Bitcoin (BTC) Price Analysis: Slow and Steady Does It!
Bitcoin recently broke out of its long-term symmetrical triangle pattern, indicating that a rally is in the works. Zooming in to short-term charts shows that ...
Coingame Announces Huge Bonuses and Prizes for Early Birds

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 should be having a good year. Its decline is a warning signal, researcher says
But yet, bitcoin and others have failed to stage a comeback, which one researcher cites as an indicator there may be more bad news ahead for ...
ICOs are Coming to Bitcoin, Thanks to the RSK Sidechain
The first initial coin offering (ICO) on Bitcoin will take place in November using the RSK sidechain and will prove that Bitcoin has the potential to ...
How Betform Is Changing Gaming’s Rules With Its Blockchain Platform

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 Analysis: BTC/USD moving like clockwork within this pegged range
The Bitcoin price was trading in the red by a marginal 0.5%, through the mid-point of Tuesday's session. Range-bound theme further shows no signs ...
Bitcoin Uncertainties to Hit Further
A new study by Juniper Research painted a gloomy prospect for Bitcoin and the cryptocurrency space, predicting its value could further diminish in the ...
Ran Neuner From CNBC Says that Bitcoin Is About To Explode Higher And Points To Pending ETF ...
Ran Neuner, the cryptoanalyst and host of the CNBC's crypto show claims that the price of Bitcoin (BTC) is about to go much higher, according to a ...
Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay.
WTO: Ripple Could Revolutionize International Business – Bitcoin, IOTA, And ETH Also Involved
However, the crypto world still faces hurdles in terms of regulatory policies, but if recent developments like the buzz about the approval of a Bitcoin ETF ...
I Can't Believe This Blockchain Is Free
At the very least, a blockchain mindset can help you call social media giants' bluff when they tell you that their services are "free."
Bitcoin's Price Went Bust But Not Demand For Cryptocurrency Trading
Even though cryptocurrencies have gone boom and bust, TD Ameritrade (AMTD) says its clients are still eager to get into Bitcoin trading as ...
‘We Got Spanked’: Adult Entertainment ICO Suffers $38,000 Hack

“We got spanked.” That’s the message that SpankChain, the initial coin offering (ICO) funded adult entertainment website, used to inform its users that a hacker had exploited a bug in one of its smart contracts to abscond with 165.38 ETH, worth about $38,000 at the time of the theft. Another $4,000 worth of the platform’s

Roger Ver: Bitcoin.Com May Launch Its Own Crypto Exchange
Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company's CEO Roger Ver ...
Bitcoin's Hard Times Will Continue into 2019, Juniper Report Says
If Bitcoin hasn't been in the news lately (Bank Innovation included), it's because things aren't going that well for the best-known cryptocurrency, or for ...
2018 Summit: Malta Prime Minister Delivers Landmark Speech on the Future of Blockchain and Cryptocurrencies
The Prime Minister of Malta, Joseph Muscat, sets the stage for a new future of possibilities. In his speech at the opening of this year’s Delta Summit – Malta’s international conference featuring fintech startups, blockchain entrepreneurs and innovators in the crypto space – Muscat captures a movement that is uniting the world in ways that are more […]
There's A Giant Bitcoin Rat on Wall Street And It's Staring At the Fed
The massive art piece was just installed as a sort of "protest" against government-controlled currency. "Bitcoin will take you apart," the rat seems to ...
Juniper Research: “The Crypto Industry is on the Brink of an Implosion”

In an extensive paper dedicated to the future of cryptocurrencies, Juniper Research Ltd. present a bleak view of the market over the coming months and years. The financial analysis group states that the entire Bitcoin and digital asset space appears to be heading towards an “implosion”. Juniper’s Report Analyses Cryptos Over the Next Five Years During...

Roger Ver Hints at Launching a Bitcoin Cash-Centric Exchange
Early Bitcoin proponent-turned Bitcoin Cash poster boy, Roger Ver, has been reportedly musing over the idea of launching a new cryptocurrency ...
Bitcoin: An Extraordinarily Scarce Commodity
It's official, Bitcoin has been ruled a commodity in the U.S., but what does this mean? Well, for one, "official" Bitcoin-backed ETFs are likely only a ...
Bitcoin Price Predictions: From Zero to a Million – What do the Experts Think?
It's been a wild year for cryptocurrency prices thus far, exemplified by the meteoric rise and subsequent crash of granddaddy Bitcoin. After cresting a ...
Taiwan Lawmaker Pitches AML Rules Update to Cover Crypto
Taiwanese congressman Jason Hsu has proposed an amendment to the nation's money laundering laws to include cryptocurrencies.
Bitcoin Price Tows the Line Above $6600; Mining Becomes Unprofitable for the First Time
Bitcoin resumed its narrow-bound trading on Tuesday, though prices remained well supported above a key trend line following a modest breakout at ...
Bitcoin Featured in Children's Goosebumps Book
Bitcoin (BTC), the world's largest cryptocurrency, is steadily making its way towards widespread adoption. What better way to accomplish this than to ...
Crypto Exchange QuadrigaCX Awaits Ruling on $22 Million in Frozen Funds
QuadrigaCX is waiting on a judge's decision after the Canadian Imperial Bank of Commerce froze CA$28 million in multiple bank accounts.
Bitcoin: On The Verge Of A Price Rise
The current technical picture of Bitcoin (OTCQX:GBTC) is balanced. I say that as Bitcoin (COIN) has lost most of its momentum, plus, its support and ...
CNBC Analyst Predicts Bitcoin Price Is 'About To Explode,' Citing ETF Buzz
“I just bought bitcoin for my parents. It's too obvious that it's about to explode,” Neuner tweeted on October 7. Neuner said the mounting expectation ...
Internet Giant GMO to Roll Out Yen-Pegged Crypto Stablecoin in 2019
Japanese IT giant GMO Internet is jumping on the stablecoin bandwagon, planning the launch of a yen-pegged cryptocurrency in 2019.
EU Watchdog Will Evaluate ‘Every’ ICO for Potential Regulatory Push

The European Securities and Markets Authority (ESMA) is assessing every single ICO operating within its jurisdiction, Reuters reported on Oct. 8. ESMA chair Steven Maijoor — who warned crypto investors in Jan. 2018 that they could potentially lose all of their funds by investing in initial coin offerings (ICOs) — said that he had been observing the current regulations

Bitcoin Core Developer Advocates Credit Card Payments Over BTC
Bitcoin Core developer Jimmy Song has caused controversy by suggesting that bitcoin enthusiasts would be better off using credit cards as a means ...
Bitcoin Price Heading into 'Classic Breakout Pattern': Analyst
The bitcoin price has been remarkably stagnant in recent weeks, with the flagship cryptocurrency's volatility declining to a 17-month low on Oct. 8.
Bitcoin Mining Firms are Seeing Record Revenues, But Little Profit

New research from Diar has revealed that while the price of bitcoin remains 40 percent higher than a year ago, and bitcoin miners have achieved record revenues of $4.7 billion this year, a host of factors including increased competition and computing power have combined to make bitcoin mining less profitable than before. The report says

Bitcoin breaks over $6600 but with no clear up or down direction
Bitcoin(BTC) still continues trading in a narrow range over the weekend and into Monday without any significant breakthrough up or down in spite of ...
Binance Donating Crypto Listing Fees to Charity Should be Praised, Not Criticized

On Oct. 8, CCN reported that Binance, the world’s largest cryptocurrency exchange, will donate all crypto listing fees to charity. The majority of investors and traders in the cryptocurrency industry reacted positively to the praiseworthy decision of the exchange. But some criticized Binance, falsely claiming that the exchange received large listing fees in the past.

Latest Bitcoin price and analysis (BTC to USD)
The latest Bitcoin price is US$6,652.20. Today (9/10/18 10:59) the price has fallen by 0.31%, during this week risen by 0.91% and during this month ...
How much money you can make if you start mining Bitcoin today
Cryptocurrency mining was a great way to earn a passive income at the height of the craze around blockchain-based tokens, but growth has slowed ...
Cautiously Bullish: Bitcoin Price Clears Key Trendline to Pass $6.6K
Bitcoin took a bullish turn Monday, but caution is warranted as trading volumes remain near yearly lows.
Report: China Has “Capabilities” and “Strong Motive” to Destroy Bitcoin
It's commonly known that cryptocurrency mining farms located in China have a stronghold over the Bitcoin ecosystem. However, a scathing new report ...
Australia Trials Citizen Disability Insurance Payments on a Blockchain

The Australian federal government is testing a blockchain application to explore the use of blockchain technology to create ‘smart money’ for the country’s National Disability Insurance Scheme (NDIS). Dubbed “Making Money Smart”, the trial is jointly developed by the Commonwealth Scientific and Industrial Research Organization (CSIRO) – Australia’s federal science agency – and the Commonwealth

Approval of Bitcoin ETFs by SEC Appears Murky
20, the regulatory agency said it sought more input from the public on the proposed SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin Trust, ...
Ether September Price Lows Could Signal End of Bitcoin Bear Market: Analyst
In a series of tweets, UTR Equity's crypto market commentator Eric Thies postulated that Bitcoin's run to all-time price highs in December 2017 came ...

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