30 October 2018

On This Day

Bitcoin price

Closing price: $6283.5263 Powered by Coindesk

Headlines

Study Fingers Bitcoin as Major Climate Change Culprit
Study Fingers Bitcoin as Major Climate Change Culprit ... It's well known that bitcoin and similar digital currencies have high energy demands. Bitcoin ...
Coinchase Introduces ‘Break and Return’ Insurance: The Money Back Guarantee for 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

Parity to Help Zcash (the Currency) Gain Independence From Zcash (the Startup)
The Zcash Foundation is partnering with an ethereum startup on a project that could boost interoperability across the crypto ecosystem.
Bitcoin mining could contribute to global climate change, UH study says
Bitcoin mining could raise global temperatures by 2 degrees Celsius as soon as 2033, according to a new study released by the University of Hawaii ...
Regulatory Fears in the UK Might Have Caused the Price of Bitcoin (BTC) to Fall
On October 29th around 11:00 am GMT, the price of Bitcoin (BTC) suddenly plunged from comfortable levels of around $6,493 to $6,320 in a time ...
Bitcoin Cash Price Analysis: BCH/USD Turns Bearish Below $420
Bitcoin cash price turned south and broke the $430 and $420 support against the US Dollar. BCH/USD could recover but it is likely to face sellers near ...
Bitcoin steady after worst day in nearly 3 weeks
A day after suffering its biggest 24-hour decline in nearly three weeks, the bitcoin market has righted the ship early Tuesday. A single bitcoin BTCUSD, ...
(MM) The Truth About the Pittsburgh Shooting – Freedom of Speech Reminds Us What We Don’t Want to Hear
Coinbase Hits $8 Billion Valuation After $300 Million Raise
U.S.-based cryptocurrency exchange Coinbase has just announced $300 million in new funding via a Series E round.
Bitcoin [BTC]'s price stability is quite surprising, says Fundstrat's Tom Lee; comments comes after ...
In a recent interview, Bitcoin [BTC] bull Tom Lee spoke about the cryptocurrency scenario right now and Bitcoin's predicted behavior and price ...
Bitcoin Is Now the Least Volatile Since Late 2016
Just as traditional financial markets are getting interesting, the 30-day volatility of the most valuable cryptocurrency has plunged to the lowest since ...
Yellen: Bitcoin Not a Store of Value, 'Anything But' a Useful Currency
Janet Yellen, the former chair of the Federal Reserve, has doubled down on her longstanding criticisms of bitcoin and other cryptocurrency assets.
VanEck Deliberates Bitcoin ETF With SEC After Private Meeting
VanEck issued a reply to the U.S. Securities and Exchange Commission over Bitcoin exchange traded funds (ETF) in a letter that was revealed on the ...
Coinbase Bear Market Revenue Projected to Beat Last Year’s Bull Run

Coinbase achieved staggering annual revenue results during 2017 largely due to Bitcoin’s bull run and cryptocurrency catching the attention of the mainstream public for the first time. However, the 2018 bear market may end up being even more profitable for the cryptocurrency giant. Earlier today, the exchange also revealed that it will add an extra $300...

Bitcoin Price Analysis: Weekly Consolidation Hints Toward Sustained Breakout
Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin ...
The New Effort to Get Bitcoin's Lightning Network In Every Browser
Devs are looking to make bitcoin's layer-two lightning network compatible with a payment standard used by all major browsers – and so far, so good.
Coinbase Wants To Use Its Huge New Funding To Fix Bitcoin's Problems
Bitcoin and cryptocurrency seem to have gained more problems than solutions so far this year, but now the San Francisco-based bitcoin exchange ...
Data Shows Millions Leaving Crypto Wallets Tied to Long-Troubled Exchange
Binance has frozen accounts that received more than 93,000 ether (over $18.9 million) from wallets indirectly linked to troubled Russian exchange WEX.
Clarity: The Global Business Advisory Platform For Small Business

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No, Bitcoin is Not Going to Melt the Planet

As Bitcoin adoption increases, a new study published Monday by Nature Climate Change warns that energy-demanding Bitcoin transactions would easily sling the global temperature past the 2-degree threshold set under the Paris Climate Agreement. But, is it true that Bitcoin is this energy inefficient that the mainstream media portrays? While Bitcoin’s precipitous rise has been...

Bitcoin dealer pleads guilty, agrees to forfeit gains
According to his plea agreement, Jacob Burrell-Campos, 21, admitted to operating a Bitcoin exchange without registering with the Financial Crimes ...
Xapo Founder: Bitcoin Is An ‘Intellectual Experiment’, But It Can Still Succeed

When it comes to loyalty to crypto-related technology, a majority of innovators in this industry, many of which are diehard decentralists, would go to the ends of the Earth for their craft. However, in a recent Bloomberg interview, the founder of one of the crypto space’s foremost startups claimed that this innovation is nothing more...

Goldman Sachs is Signing up Customers for its Bitcoin Trading Product: Report
Investment banking giant Goldman Sachs has quietly begun signing up a limited number of customers for its yet-to-launch bitcoin trading product.
BCH and EOS Extend Losses to 5% as Bitcoin Price Drops to $6250
Over the past 24 hours, Bitcoin has lost 2 percent of its price against the US dollar, dipping below the $6,300 mark to $6,250.
Bitcoin Price Intraday Analysis: BTC/USD Expecting More Losses
Bitcoin on Tuesday remained calmer compared to the action noted at the beginning of this week. The bitcoin-to-dollar exchange rate moved sideways ...
The US Government Maintains a Fork of Bitcoin
The US National Institute of Standards and Technology (NIST) and other government bodies play a role in Bitcoin and other cryptocurrencies.
Swamp not Drained? 64% of US Voters Fear Politicians Will Misuse Crypto Donations

Mistrust of politicians is nothing new, but the perception that bitcoin and other crypto tokens are unregulated has heightened the suspicions of eligible US voters. According to a survey conducted by blockchain research firm Clovr, 64 percent of respondents across the US political landscape were fearful of politicians coming up with ways to illegally take advantage

The Ledger: Crypto in Vegas, 'Stablecoin' Mania, Bitcoin Campaign Finance
(Even today, Bitcoin retains criminal connotations, a reputation that has trailed the virtual currency since its early associations with the since-shuttered ...
Cloudbet Celebrates 5 Years as Bitcoin Gambling Pioneer

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3.2 GB Block Sizes: Developers Bash Bitcoin Climate Change Study as 'Fake News'
Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin's impact on global warming October 29.
Untraceable Cryptocurrency Can Help Us Bypass Sanctions: Iranian General

An Iranian general has strongly hinted that the country could soon turn to cryptocurrencies as a way to evade international financial sanctions. Brigadier General Gholam Reza Jalali, head of Iran’s Civil Defense Organization, on Monday spoke about the ‘great opportunities’ presented by cryptocurrencies in the latest indication that Tehran is developing a state cryptocurrency. As

Celebrating 10 Years of the Bitcoin White Paper – Happy Birthday Bitcoin!
2018 has so far been an exciting year for the Bitcoin community. With mainstream adoption growing and Bitcoin ATMs popping up around the world, ...
Is Bitcoin Mining Causing Too Much Global Warming? The Debate Is HOT
While Bitcoin remains at the top of the charts as the most popular and largest cryptocurrency by market cap, a recent study by some scientists doesn't ...
What crypto investment firms are telling clients during a bear market
Bitcoin (BTC) is down 54% this year, which is better than how the rest of the larger market-cap coins have fared: ether (ETH) is down 74%; XRP is ...
Coincheck Resumes New Account Openings, Customers Deposits

Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies. The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking. Coincheck Exchange Resumes Trading of BTC, ETC,...

Bitcoin Trading Volumes Expected to Increase as Bakkt Ramps Up: Report
According to a new report by the Abacus Journal, JP Morgan is preparing to deliver clients to Bakkt, the upcoming cryptocurrency exchange that will launch physically settled Bitcoin futures contracts. Bakkt, which is backed by Intercontinental Exchange, is scheduled to launch Bitcoin futures on December 12, the day institutional investors are eyeing the next phase […]
Built By Champions, Powered By Blockchain: Champion Shave

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This New Ethereum Software Client Is Built With Enterprises in Mind
Unlike other enterprise versions of ethereum, ConsenSys' new Pantheon has a less-restrictive software license and uses Java as a programming language.
Former Fed Chair Janet Yellen Is 'Not A Fan' of Bitcoin
Former U.S. Federal Reserve chair Janet Yellen is "not a fan" of bitcoin. Speaking at the Canada Fintech Forum on Monday, Yellen, who served as ...
Oyster Protocol Founder Exit Scams, Steals $300,000 from ICO Smart Contract

Oyster Protocol is a hybrid IOTA/Ethereum smart contract platform designed to help websites garner revenue. Instead of traditional advertising, users of websites contribute their computing resources, enabling the website owner to garner Oyster Pearls (PRL) by securing and contributing to services offered by Oyster. PRL — which is an ERC-20 token and runs on Ethereum

Bitcoin [BTC] is at a stage “equivalent of 1992 for the internet”, says founder of Xapo
Wences Casares, the founder of Xapo, a Hong Kong-based company that provides Bitcoin wallet services combined with a cold storage vault and a ...
Bitcoin mining could thwart efforts to limit global warming - report
Scientists have warned that demand for bitcoin could single-handedly derail efforts to limit global warming, due to the huge amounts of energy taken to ...
Bitcoin price: Cryptocurrency's 10th birthday could see first year-on-year loss of 2018
On the eve of bitcoin's 10th birthday, the world's first cryptocurrency may be about to hit an even more significant milestone. Having fallen by almost ...
Bitcoin Turns Ten: A Blast To The Past
Just shy of 10 years ago, on October 31st, 2008, Satoshi Nakamoto, the pseudonymous creator of the now-world-renowned Bitcoin project, sat down ...
Former US Fed Chair Calls Bitcoin “Anything But Useful,” Rehashes Tired FUD
While Bitcoin and crypto price volatility has been a point of contention for years, ... Yellen attacked Bitcoin's price stability, stating that it failed to inspire ...
Second Bitcoin Embassy In US Opens in New Hampshire
A Bitcoin Embassy, where people and businesses can learn more about the cryptocurrency, has opened its doors in Keene. The facility, located inside ...
Bitcoin (BTC) Price Watch: Bullish Channel Still Intact
In that case, bitcoin price could recover to the top of the channel around $7,000 or at least until the mid-channel area of interest at $6,600. The moving ...
The Godfather of Ethereum ICOs Wants to Let Investors Take Their Money Back
Fabian Vogelsteller has proposed a method for safer ICOs, by allowing investors to withdraw funds.
Russian Diamond Giant Signs Onto De Beers' Blockchain Tracking Platform
Alrosa, the world's second-largest diamond producer, is joining the blockchain pilot program spearheaded by De Beers to trace the stones' provenance.
What Bitcoin's White Paper Got Right, Wrong and What We Still Don't Know
Bitcoin's white paper has its flaws, too.
LocalBitcoins Seller Pleads Guilty to Operating Unlicensed Business

A LocalBitcoins seller pleaded guilty of operating an illegal money transfer business in a Southern California federal court earlier today. The defendant admitted to buying thousands of Bitcoin over a 16-month period and selling them through the popular peer-to-peer marketplace without the correct licence to do so. Bitcoin Dealer Agrees to Forfeit Over $820,000 According...

Bitcoin Price Risks Further Downside After Piercing Below $6300
Bitcoin's price rebounded from two-week lows on Tuesday, though recent price action shows potential for further breakdown ahead. The leading ...
Bitcoin Price Watch: BTC/USD At Risk Of More Losses Below $6240
Bitcoin price moved into a bearish zone below $6,350 against the US Dollar. BTC/USD remains at risk of more losses below the $6,240 and $6,200 ...
Unocoin Founder Recounts His Arrest Following Indian Crackdown on Bitcoin ATMs
Just one week ago, Indian officials arrested the co-founder of an Indian cryptocurrency exchange, Unocoin, for operating a Bitcoin ATM kiosk which ...
Cryptocurrency start-up Coinbase valued at $8 billion despite bitcoin's plunge
Bitcoin's value has dropped drastically this year, but the value of cryptocurrency exchange Coinbase is skyrocketing in the opposite direction. The San ...
Bitcoin (BTC) Price Analysis: Another Consolidation Test
Bitcoin suffered another sharp selloff from its earlier consolidation but is finding support at the bottom of the symmetrical triangle on its 4-hour chart.
ASQ Protocol Airdrop Is Over with a Lucky Winner Successful in His Treasure Hunt

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The history of bitcoin's first decade in one chart
Wednesday marks 10 years since the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” was posted to a cryptographic mailing list, ...
Bitcoin can push global warming above 2 degrees Celsius by 2033: Study
Implementing Bitcoin at similar rates at which other technologies have been incorporated could alone produce enough emissions to raise global ...
Bitcoin Is 'Anything but Useful' Says Ex-Federal Reserve Chair Janet Yellen
Bitcoin is “anything but” a useful store of value, former U.S. Federal Reserve chair Janet Yellen stated in a speech Monday, Canadian financial news ...
Bitcoin 'Patient Zero' Says BTC's Current Stage is Like '1992 for The Internet'
Bitcoin "Patient Zero" Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove ...
Cryptocurrency Derivatives in the UK at Risk of Ban, Taskforce to Have Final Say

Cryptocurrency derivatives including futures, options and contracts for differences could potentially be prohibited in the United Kingdom in the near future. According to a statement issued by the Financial Conduct Authority (FCA), UK’s financial watchdog, consultations will be held between now and the first quarter of next year where a ban on crypto derivatives will

Bitcoin exchange Coinbase is now valued at $8 billion after raising another mega round of funding
While the greater bitcoin and cryptocurrency markets have suffered since hitting astonishing highs in December 2017, Coinbase has continued to ...
Bitcoin turns ten – here's how it all started and what the future might hold
A mysterious, anonymous entity known as “Satoshi Nakamoto” posted a white paper on October 31 2008 entitled “Bitcoin: A Peer-to-Peer Electronic ...
Bitcoin news: How bitcoin mining makes global warming WORSE - temperatures to rise by 2C
The farms of computers used to mine bitcoin produces the same amount of carbon dioxide as every car in the UK combined. Purchasing with bitcoin ...
New Bank of America Patent Hints at Plan to Store Cryptocurrency Keys
A new Bank of America patent outlines a "hardened storage device" that can protect private keys from theft.
After moving sideways for weeks Bitcoin drops down today
After days of trading between $6,400 and $6,500 Bitcoin(BTC) finally suffered a drop of nearly $200 dollars. However, given the length of time there ...
No, Bitcoin probably won't doom our climate—but we have no idea how much electricity it uses
Nobody knows how much electricity Bitcoin is using now, or will use in the future. A new analysis in Nature Climate Change makes the most dramatic ...
Bitcoin’s ‘Patient Zero’: Crypto is an Intellectual Experiment That May Fail [But Probably Won’t]

Crypto is a robust intellectual experiment that could fail, but it probably won’t. That’s the assessment of Argentine tech entrepreneur Wences Casares, the founder of Xapo, a bitcoin wallet provider based in Palo Alto, California. “We are living through a really interesting intellectual experiment,” Casares told Bloomberg TV (video below). “And it’s going on right in

Survey: 60% of US Voters Support Bitcoin Donations in Federal Elections

A poll conducted by IT firm Clovr has found that 60 percent of participants who are eligible voters are in favor of legalizing cryptocurrency donations in federal elections in the U.S. A number of states have already restricted or ruled against such donations and the Federal Elections Commission (FEC) accepts cryptocurrency as in-kind contributions limited...

Bitcoin Price Faces Drop to $6.1K After Range Breakdown
The bear grip on bitcoin has likely strengthened following yesterday's drop to two-week lows.
ETH, LTC, DASH and NEO Just Erased Their 2018 Price Gains
Ether, litecoin, dash and neo are now down year-over-year and trading at their lowest total in over 12 months.
Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business
A bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces up to five years in prison.
Nearly 10% of all bitcoins haven't moved in 12 months
As the stock market gyrates wildly, bitcoin remains surprisingly sedate—and one reason may be that some of its biggest holders are proving to be ...
Better, Faster, Cheaper: Ripple Exec Claims XRP is 'Bitcoin 2.0'
And really, the technology for XRP is like Bitcoin two dot oh. It's Bitcoin, but it's faster. It's Bitcoin, but it doesn't use tons of power. It's Bitcoin, but it's not ...

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