10 October 2018

On This Day

Bitcoin price

Closing price: $6550.7313 Powered by Coindesk

Headlines

Wall Street Trader-Turned-Artist Erects Bitcoin Rat Exhibit Across from Fed
A former Wall Street hedge fund manager-turned-artist has erected a massive inflatable Bitcoin rat art exhibit across from the U.S. Federal Reserve ...
One Big Backer Is Propping Up Media Startup Civil's Struggling ICO
The token sale for Civil has brought in $1.34 million toward its $8 million minimum goal.
Bitcoin Volume Improves: Crypto Market Primed for a Major Short-Term Rally?
Yesterday, on October 10, the price of Bitcoin broke out of the $6.600 mark after stabilizing at the $6,550 level for a few weeks. The volume of Bitcoin ...
Bitcoin price analysis
Recently, there was a downside reaction in bitcoin price from the $6,714 swing high against the US Dollar. BTC/USD broke down below the $6,620 ...
Today Moon? Economist's 1988 Prediction Day Arrives (While Bitcoin Sleeps)
October 10, 2018, has arrived — the date by which The Economist says we should be “ready for a new world currency.” Should Bitcoin suddenly fulfill ...
SEC Asks Court to Enforce Subpoena in ICO Inquiry
The SEC is trying to subpoena an investment trust company as part of a probe into alleged fraud involving claims of a $100 million ICO.
Global Financial Stability Board: “Vigilant Monitoring” of Crypto Assets Needed

The global Financial Stability Board has released a report focusing on cryptocurrencies such a Bitcoin and Ether earlier today. During the document, the group stated that the fintech phenomenon does not yet pose a risk to financial stability, but careful monitoring of the space is required. FSB: Differing National Approaches to Crypto Make International Regulation...

Gemini Taps Wall Street Exec to Attract Institutional Crypto Investors
Cryptocurrency exchange Gemini has hired an executive from a Nasdaq company as it seeks to attract more institutional clients.
Ethereum: We Haven’t Seen the Last of the Bug That Killed the DAO

More than two years after the collapse of The DAO thrust the Ethereum community into civil war, one of the bugs that caused that caused that black swan event continues to lurk in many smart contracts, waiting to be exploited by hackers. That’s according to Emin Gün Sirer?, a computer science professor at Cornell and

Emergence of $100M Crypto Funds in Bear Market Shows Investors are Interested

Over the past month, four major $100 million crypto hedge funds have debuted with strong backing from institutional investors, Wall Street, and high profile individual investors. Reality Shares, former Point72 Asset Management executive Travis Kling, and JCE Capital Management have announced the launch of $100 million hedge funds targeted at the cryptocurrency market. Most recently,

Litecoin (LTC) Creator Charlie Lee: It’s Really Hard to Kill a Decentralized Cryptocurrency
Litecoin (LTC) creator Charlie Lee shares his thoughts on the future of crypto in an interview with SFOX, a Y Combinator-backed cryptocurrency prime dealer founded by Akbar Thobhani, the former head of growth and business development at Airbnb. Despite governments, regulators, naysayers, skeptics and markets, Lee affirms the organic strength of cryptocurrencies and why they’ll survive, […]
Bitcoin whales aren't responsible for volatility, research firm finds
The bitcoin whales are back. At least, that's the conventional narrative that takes hold when the world's largest cryptocurrency exhibits significant price ...
Samourai Prepares for Internet-Free Bitcoin Transactions With TxTenna Launch
Bitcoin wallet Samourai Wallet will in future offer Bitcoin transactions without the internet thanks to a partnership with mesh network goTenna.
Gorgona.io- The New Odyssey in Crypto Investments

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

BMW-Backed Blockchain Competition Offers Token Prizes for Auto Tech
The 4-month MOBI Grand Challenge kicks off on October 12, with prizes in the form of tokens donated by Ocean Protocol and Beyond Protocol.
Joe Crypto: Is Bitcoin Holding Us All Back?
Until Bitcoin conquers these demons, most of the market will stay mired in minimal gains and losses. From $219.31 billion at 3PM EST yesterday to ...
Bitcoin Trading Volume Surges while Bullish Views Rampant in the Market
As Bitcoin keeps on maintaining stability around $6,500, Bitcoin trading volume took a surge from $3.2 billion last week to $3.8 billion today.
DataBroker DAO Launches Flagship IoT Sensor Data Marketplace Ahead of International Expos

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

Crytpocurrency enthusiasts aren't going to like how AARP defines bitcoin
“Bitcoin — A bunch of computer code that a bunch of criminals, idealists and speculators agree is worth 'real' money. Sadly, its real-money value ...
Bitcoin better than the dollar?
Advanced statistical analysis for the Bitcoin market carried out at the Institute of Nuclear Physics of the Polish Academy of Sciences in Cracow, ...
Cryptocurrency isn’t Real Money: Tongue-in-Cheek Google Ad

Google has finally betrayed its true feelings on cryptocurrency. Well, maybe not, but a tongue-in-cheek advertisement for the search giant does take a few potshots at the nascent asset class. During the ad, which promotes Google’s new Call Screen service, one character, Abby, remarks that the other’s electricity bill is “super high.” That character, Teddy,

Crypto Assets Don't Pose Threat to Financial Stability Today, Says FSB
A new report by the Financial Stability Board found that crypto assets pose no threat to financial stability at present, but should be monitored.
Minter Is Ready for Integration with Telegram Founder’s Project

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. Minter, a blockchain network originating from the largest Russian-speaking crypto Telegram community DeCenter, has announced its integration with Telegram Open Network (TON), the project founded by Pavel Durov, the

Cannabis' Wild Market Ride: It's Not The New Bitcoin. Here's Why
As a result, some have compared Tilray and other companies like it to the fever that engulfed Bitcoin near the end of last year, when the price flirted ...
Blockstream's Liquid Sidechain Solution for Bitcoin Network Goes Live
The blog post explains that Liquid aims to allow for faster transactions with Bitcoin between businesses and individuals with the use of its features.
Bitcoin Price Stuck Below Key Hurdle For Fourth Week Running
Bitcoin's ascent has again been cut short by a key moving average, which has been suppressing bull action since mid-September.
Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
As CCN reported, the bitcoin price has seen record stability in recent days, with BTC's daily trading range narrowing to levels not seen in more than 17 ...
Liquid Goes Live: Blockstream's First Bitcoin Sidechain Has Finally Arrived
Liquid Goes Live: Blockstream's First Bitcoin Sidechain Has Finally Arrived ... Three years in the making, bitcoin's first sidechain "Liquid" is now live.
Fundstrat Analyst: Don't Buy Bitcoin (BTC) Just Yet, Be Patient
Bitcoin, for example, moved from $6,550 to $6,650, with some claiming that a breakout past the $6,800 resistance level was imminent. Some optimists ...
Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds

At least five more university endowments have invested in cryptocurrency funds, suggesting that the “herd” of institutional investors is finally beginning to place at least a small bet on the nascent asset class. As first reported by The Information, a cadre of major educational institutions including Harvard University, Stanford University, Massachusetts Institute of Technology, Dartmouth

Bitcoin (BTC) Price Watch: Wait for this Short-Term Breakout
Perhaps one of the factors weighing on bitcoin price so far this week is the warning from the IMF on cybersecurity and cryptocurrencies, citing in their ...
The SEC Sets Deadline to File Comments for or Against Bitcoin ETF Applications
The U.S. Securities Exchange Commission (SEC) is getting ready to review its decisions regarding Bitcoin ETF applications. With this in mind, the SEC ...
Bitcoin [BTC] price hike in 2017 might have been caused by ICO boom, says Litecoin [LTC] creator
Brian Armstrong, the CEO of Coinbase, has said in the past that Bitcoin is the most important cryptocurrency. Charlie Lee also quoted this as his ...
Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and ...
Citizens Reserve Partners With Comcast-Backed Blockchain Startup
Citizens Reserve is partnering with Blockdaemon to launch tools enabling rapid blockchain node deployment for its customers.
Global Digital Asset Trading Platform BitMart Opens Hong Kong Office

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

PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins
A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.
Singapore Moves to Help Crypto Startups Receive Banking Services
Singapore's central bank is building relationships to ensure local crypto-focused startups receive domestic banking services.
Google Ad Reveals Search Giant's Feelings On Bitcoin And Crypto
Google's past relationship with bitcoin and cryptocurrency has been fraught, to say the least — last month the search giant partially rolled back its ban ...
AARP Defines Bitcoin for Its 38 Million Members as a ‘Bunch of Computer Code’ for Criminals
AARP, a US-based interest group that advocates for social change, just shared its definition of Bitcoin: “A bunch of computer code that a bunch of criminals, idealists and speculators agree is worth ‘real’ money. Sadly, its real-money value swings widely, making it impractical except for criminals, idealists and speculators.”  Formerly known as the American Association of […]
Market Analyst: Bitcoin Needs SEC Blessing to Continue Rally
As Bitcoin's price continues to trade sideways amidst a bout of low trading volume, investors are becoming increasingly keen to know which direction ...
1Broker Says Bitcoin Futures Site Will Start Processing Withdrawals Thursday
Bitcoin futures firm 1Broker, which has been charged with violating a number of U.S. securities laws, has announced that it would reopen withdrawals ...
Crypto Startup Pundi X Says That it Made the ‘First Blockchain Phone Call’

Having launched a crypto-based Point-of-Sale (POS) device earlier this year with the goal of making cryptocurrency payments easier on the go, Pundi X now claims to have made the first blockchain phone call, according to a recent Medium post by the company co-founder Pitt Huang. The call was made on the startup’s newest device, called

Major Canadian Crypto Exchange QuadrigaCX Clashes with Bank over $22 Million in Frozen Funds

QuadrigaCX, Canada’s largest cryptocurrency exchange has been denied access to CA$28 million of its funds domiciled in the Canadian Imperial Bank of Commerce (CIBC) since January 2018. The company, based in Vancouver has reacted furiously after the bank decided to freeze several accounts operated by Quadriga’s payment processor. Legitimate Question or Conjecture? The Globe and

World Blockchain Festival: Noah Project Gathers Thousands of Crypto Geeks under One Roof

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

Coinbase Confident of Receiving FSA Approval, Intends to Set Security Standards in Japan

San Francisco-based cryptocurrency exchange Coinbase aims to set a new security standard in Japan, and is more confident than ever that it will receive approval from Japan’s Financial Services Agency (FSA) to operate an exchange in the region. Coinbase Optimistic About Expansion into Japanese Market On June 4, the most valuable cryptocurrency exchange in the...

Industry Leader: Bitcoin and Crypto Have Bright Futures

In light of a slowing crypto market, with volumes, volatility, and retail interest seemingly disappearing altogether, industry leaders have begun to throw their weight behind this budding asset class. Most recently, CEOs of leading cryptocurrency startups, well-known commentators, and influential change-makers have made appearances on mainstream media outlets, while simultaneously taking to social media outlets...

Dr. Doom says bitcoin represents the 'mother of all bubbles'
Prominent bitcoin detractor Nouriel Roubini, a professor of economics at the New York University Stern School of Business, has, not for the first, nor ...
Bitcoin mining giant Bitmain faces competition from its own ranks
At one time, he was part of the team responsible for the rise of Bitcoin mining giant Bitmain. But when the CEOs denied their chip designer Yang Zuo ...
A Solution to Crypto's 51% Attack? Fine Miners Before It Happens
After losing money during a 51 percent attack earlier this year, crypto project Horizen claims to have a solution to crypto's famed vulnerability.
Bitcoin Arbitrage Between Exchanges Provides Profits
How much is a Bitcoin (BTC-USD) worth at any one moment? Depends upon what the price is, but even more, it depends upon which exchange you ...
2017 to Today: Ethereum Predictions Are Aging (But Not Well)
Enthusiasm for ethereum continues to wane just as bitcoin sentiment begins to shine brighter.
eToro Cuts Crypto Costs to Support Mass Adoption

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

New Google Ad Jokes About the Sky-High Cost of Mining Cryptocurrencies

In a recent ad about its Call Screen service, Google has revealed its feelings about Bitcoin and other cryptocurrencies, jibing at the massive electricity costs associated with mining them. Call Screen service is a new Android feature developed by the search giant, which will help put an end to telemarketing calls. The feature, which involves...

'Liquid Network': Blockstream's Bitcoin Sidechain is Now Live
Samson Mow, chief strategy officer at Blockstream, announced today that the blockchain startup has launched the Liquid Network, a Bitcoin sidechain.
Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding
Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.
Bitcoin (BTC) Price Analysis: Bullish Break and Retest Completed?
Bitcoin was previously consolidating inside a symmetrical triangle and has just recently broken to the upside to signal that an uptrend may be ...
Markets Trade Sideways, Bitcoin Touches $6600 Earlier Today
Bitcoin (BTC) is slightly down around 0.3 percent today, trading at $6,627 at press time. During the day, the major cryptocurrency dipped two dollars ...
Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
A recent study titled "The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin," jointly researched by Princeton University and ...
Crypto Hedge Fund Launches Are Soaring to Record Levels This Year
Despite the bear market in cryptocurrencies, crypto hedge funds are expected to comprise 20% of all hedge fund launches this year, research indicates.
AARP Offers Up Laughably Dated Definitions of Bitcoin and Blockchain

In an effort to bring their members up to speed about the goings on in the financial world, the AARP has published a list of Wall Street definitions. Amongst the different terms defined by the U.S.-based interest group are “Bitcoin” and “blockchain.” Is the AARP Glossary Meant to Educate or Entertain Readers? The group formerly...

Coinbase Confident Japanese Crypto Exchange License Arriving in 2019
A Coinbase executive has said that the crypto exchange's licensing application in Japan is ongoing and will "certainly" be completed in 2019.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price ...
A group of researchers from Princeton University and Florida International University have warned that China possesses sufficient Bitcoin hashpower ...
Blockstream's Liquid Network for “High Value” Bitcoin Payments Is Live
More than a year after its conceptual introduction at the Blockchain Association of Canada's Government Forum in Ottawa, Blockstream's bitcoin ...
Bitcoin Price Technical Analysis: BTC/USD Extends Consolidation Action

The Bitcoin’s sideways action is gaining strength in what has so far been a quiet month. However, the digital currency, unlike its mainstream cousins, is displaying adequate volatility for day traders to enter and exit positions on attractive intraday profits. The focus remains firmly on the Securities and Exchange Commission’s take on the nine Bitcoin

Bitcoin price surge WARNING as 'RAPID GROWTH' could cause CHAOS in global system
Regulators around the world are - with varying degrees of success - attempting to get to grips with the Bitcoin and Blockchain phenomenon.
Bitcoin Analysis and Its Secret Love for Fibonacci Levels
Long utilized in disciplines like art and architecture, the Fibonacci sequence is also highly useful for analyzing Bitcoin trends.
Japanese Technology Conglomerate GMO to Unveil Yen-Pegged Crypto Stablecoin

Japanese internet giant GMO Internet has announced that it will launch a stablecoin pegged to the yen next year. According to the founder and president of GMO Internet, Masatoshi Kumagaii, the stablecoin which will be known as GMO Japanese Yen (GJY) will be issued in Asia. It is expected that the assets backing the stablecoin

Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
However, the firm is advising clients to hold off on buying more bitcoin — at least for right now. Writing in a recent note to clients, Fundstrat technical ...

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