6 November 2018

On This Day

Bitcoin price

Closing price: $6465.9875 Powered by Coindesk

Headlines

Bitcoin Indicators Suggest Buyers are Accumulating
Bitcoin (BTC) may be stagnating in its most boring range since early 2017, but this shouldn't be taken as bad news. In fact, there is plenty of evidence ...
The Number of Bitcoin Short Positions Hits 3-Month Low
The bearish sentiment around bitcoin sank to three-month lows earlier today as short positions placed on crypto exchange Bitfinex fell to their lowest ...
Bitcoin Cash (BCH) Turns The Tables On Bitcoin (BTC) Before Upcoming Hard Fork
Bitcoin Cash (BCH) is about to go through a critical hard fork. Just before that hard fork, a lot of investors have started hoarding Bitcoin Cash (BCH) in ...
Just a Ripple? XRP Price Hits One-Month High But Eyes Correction

Ripple (XRP) on Tuesday established a bullish setup after rising more than 10 percent against the US dollar. The pair broke above the October peak to set a new one-month high at 0.569-fiat. It was previously stuck in a narrow trading range for multiple weeks amidst lower volatility. While the lack of bias-defining price action is

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report ...
Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses
In a new court filing, Charlie Shrem denies claims that he stole 5,000 bitcoin from Cameron and Tyler Winklevoss.
eToro Launches Cryptocurrency Management Mobile App

Multi-asset brokerage eToro has launched an application for their users to store their Bitcoin and other cryptos on their mobile phones. The software sounds a lot like a cryptocurrency wallet – only its entirely permissioned, isn’t open-source, and doesn’t allow users to access their private key or seed phrases. eToro “Wallet” Entirely Misses Point of...

Bitcoin Price: Crypto Market May be Poised for Bullish Breakout
Bitcoin on Tuesday confirmed another bull flag formation after reversing from its downside correction action. The BTC/USD pair has almost negated ...
The Potential Wrapped Bitcoin Has On Ethereum & Bitcoin
Wrapped Bitcoin is a new innovative token which aims to bridge the gap between both the Ethereum and Bitcoin blockchains. Working as a joint ...
Bitmain to Begin Selling New Bitcoin Miners Later This Week
Bitmain is launching two new Antminer models targeting the bitcoin mining industry. The crypto hardware manufacturing giant announced Tuesday ...
After 'Taking out' $6800, Bitcoin Will Hit 'New Highs' In 2019, Says Galaxy Digital's Novogratz
Galaxy Digital CEO Michael Novogratz delivered a fresh bullish price prediction for Bitcoin (BTC) Nov. 5. Novogratz told U.K. business publication ...
OSA Token Secures Listing at Bibox Exchange

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

No, Those Elon Musk Crypto Scams Probably Haven’t Made Fraudsters $175,000

A reporter receives a scam tip, reviews the e-mail, checks an address on the blockchain, and figures the balance shown is the take from the scam in progress. Probably the author and most of his peers are guilty of the assumption — the pseudonymous nature of the blockchain makes it difficult to know right off

Texas Regulators Enter Emergency Stop Against Crypto Mining Firm
The Texas State Securities Board issued an emergency cease-and-desist against a company it claims committed fraud in offering crypto mining contracts.
XRP Nears 50 Cents as Price Rises to One-Month Highs
XRP, the world's third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, cementing a 30-day high.
Supply-chain attack on cryptocurrency exchange gate.io
Latest ESET research shows just how far attackers will go in order to steal bitcoin from customers of one specific virtual currency exchange.
Mining For Bitcoin Can Require More Energy Than Actually Mining
Bitcoin's environmental impact has never been a secret. Mining for the digital currency requires tons of energy, as powerful computers direct raw ...
It takes three times more energy to mine Bitcoin than gold
Researchers from the Oak Ridge Institute for Science and Education in Cincinnati tracked the daily energy demand and hashrate of Bitcoin, BTC ...
India's national disaster authority hacked to promote Bitcoin scams on Twitter
Hackers took over the official Twitter account of India's National Disaster Management Authority (NDMA) to promote blatant Bitcoin BTC giveaway ...
US Elections Push Augur's Total Ether Bets Over $2 Million
Betting on elections to the U.S. House has brought over $700,000 onto the platform, pushing the midterms market into the top spot.
Bitcoin Mining Giant Bitmain to Release Next-Generation ASICs This Week

Bitmain, the dominant bitcoin mining firm and the most valuable company in the cryptocurrency industry, has announced that it will release its next generation of application-specific integrated circuit (ASIC) chip miners this week. In a tweet posted yesterday, the Beijing-based firm said that it will begin taking preorders for the Antminer S15 and Antminer T15

eToro Launches Bespoke Cryptocurrency Wallet for Bitcoin and Three Altcoins
The wallet will at first provide support for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC). EToro currently supports fourteen ...
Elon Musk bitcoin scam on Twitter sees hundreds of people lose thousands of dollars
Hackers have raised hundreds of thousands of dollars by posing as Elon Musk on Twitter in order to trick people into sending them bitcoin. Several ...
Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019
Mike Novogratz, the CEO of crypto investment firm Galaxy Digital, predicts that bitcoin will break out of its 2018 doldrums and soar to $20,000 in 2019 ...
Crypto Exchange BTCC Is Closing Its Mining Pool Business
Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business this month.
BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”

BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. BTCC’s Mining Pool to Cease Operations Indefinitely from November 30 The cryptocurrency mining pool launched...

Marshall Islands President Faces No Confidence Vote amid Plans for a National Cryptocurrency

Marshall Islands President Hilda Heine is under fire and is facing a vote of no confidence amid a bold plan led by her administration to introduce a national cryptocurrency dubbed the Sovereign (SOV). The vote will reportedly occur next week after a group of eight senators including Senator Casten Nemra introduced the motion on Monday with

[Update] Ripple (XRP) Leaps Higher As Bitcoin Falls -- Again Overtakes Ethereum
Ripple (XRP) now boasts a market capitalization of $21.4 billion, slightly under ethereum's $21.8 billion, according to CoinMarketCap data. Bitcoin, the ...
Bitcoin Price Watch: BTC/USD Could Resume Uptrend Above $6440
Bitcoin price is trading in a positive zone against the US Dollar. BTC/USD could continue to move higher as long as it is above $6,375 support level.
First Bitcoin-Backed Loan Issued in Canada
The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling.
Cryptojacking Attack Forces Canadian University to Shut Down Entire Network

St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as system administrators struggle to root out the malware. Known as “cryptojacking,” the practice has become recognised as a

Bitcoin Price Hovering around $6400, Long-Term Technical Indicator Shows potentially Bullish ...
Bitcoin is down by 0.16 percent at $6,424 with a daily trading volume of $4.3 billion. The Directional Movement Index (DMI) of Bitcoin's long term trend ...
Cryptaur Announce Partnership with NEM and Proximax a the Gitex Future Starts Event

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 could raise global temperatures
Bitcoin is the leader in the world of cryptocurrencies, which have exploded onto the digital scene in the last few years for their anonymity and ease of ...
Got Crypto? Bitcoin Buys You Oak Trees, Magical Views and a Retreat in Topanga Canyon, California Near Malibu

Our look at the crypto real estate boom continues, with a woodsy property in Los Angeles County. Lying in a canopy of oak trees awaits a rustic canyon retreat minutes from Malibu, hiking trails and California beaches. The property is tucked away in Topanga, a secluded community known for its Earth Day celebrations, farmers’ market […]

Crypto Mining Tech Firm Bitfury Closes $80 Million Funding Round
Bitfury Group has just closed an $80 million funding round led by venture capital firm Korelya Capital.
Apple Reportedly Removes Crypto Podcast, Continued Crackdown on Industry?

U.S.-based technology giant, Apple, mysteriously removed an explosively popular cryptocurrency podcast that reached number four in the U.S. investing category without offering any warnings or explanations as to why the podcast was removed. The cryptocurrency podcast, called Off the Chain, is run by popular crypto enthusiast and investor, Anthony “Pomp” Pompliano, and discusses important cryptocurrency-related...

Bitcoin price news: Will bitcoin repeat $20000 HIGH this Christmas? Latest BTC forecast
Bitcoin is currently trading at 4,922.30 ($6,438.04) today at 3.30pm GMT, according to CoinDesk. The remarkably steady value of the BTC could ...
South Korean Crypto Market Surges Along With Bitcoin (BTC) Stability and Bitcoin Cash (BCH) Rally

The South Korean cryptocurrency market is surging as daily Bitcoin (BTC) trading volume in the country has jumped by 10-15% in the past two days. Seoul-based crypto exchange Bithumb has processed over $666,658,444 in BTC-KRW (Korean Won) trading in the past 24 hours, according to data by CoinMarketCap. Total cryptocurrency trades for the exchange have […]

Mining Cryptocurrency Uses More Energy Than Actual Mining
Bitcoin is still the most widely used cryptocurrency, so it's naturally the most valuable. Early this year, the value peaked around $20,000. That was just ...
This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal
Bitcoin's long-awaited bullish reversal could gather steam once prices cross key resistance near $6,650.
Novogratz Bitcoin Prediction: BTC To Surpass $20000 After Q2 2019
However, before this happens, Novogratz explained that bitcoin “has to take out $6,800,” which has long been seen as a key level of resistance and ...
Bitcoin Cash Price Analysis: BCH/USD Approaching Next Key Break
Bitcoin cash price is preparing for the next move against the US Dollar. BCH/USD could rally once again if there is a break above the $570 resistance.
More Energy Is Put Into Bitcoin Than Denmark
On Monday, researchers came said that extracting a dollar's worth of digital currency such as Bitcoin from the deep Web consumes three times more ...
'Off the Chain' Crypto Podcast Apparently Blocked on Apple iTunes
The "Off the Chain" crypto podcast by Anthony "Pomp" Pompliano appears to have been blocked on Apple's iTunes app on Monday.
Bitcoin Technical Analysis: A Comprehensive Review of The Weekly Chart
Here we take a look specifically at the market leader, Bitcoin (BTC) $6495.86 +0.51%, to see if an end is in sight for the bear market. Not to mention ...
BitMEX Prepares For Bitcoin Cash (BCH) Hard Fork, Launches ForkMonitor
As November 15th's Bitcoin Cash network upgrade nears, BitMEX, the world's largest crypto-to-crypto mercantile exchange, has sought to prepare for ...
Altcoins Surge as Bitcoin Finds Stability, Market Led by XRP, XLM, BCH
Following a long period of unprecedented sideways trading, Bitcoin has solidified its position in the middle of its long-established range, and altcoins ...
Noorcoin as the Face of the Industry Revolution 4.0 Sets for a Global Impact

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

Facebook iFrames App Developer Atayen Launches “When Moon” SaTT ICO Game

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

TomoChain Announces New Office in Japan

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 (BTC) Transaction Count On The Rise: Bullish, Not Bearish Indicator
In the publication's most recent edition, which was released on Monday morning, Bitcoin (BTC), the so-called “king” of the crypto market, evidently ...
Bitcoin market share hits 5-week low
The underperformance of bitcoin, the No. 1 digital currency, has pushed its market share of all cryptocurrencies to a 5-week low of 51.8%. Lagging ...
Want this fancy bitcoin watch? You'll have to pay in bitcoin
If you're still waiting for the bitcoin revolution as the famed cryptocurrency turns 10, you can at least track the passage of time with a bitcoin-themed ...
Twitter Crypto Scammers Steal $150K by Posing as Elon Musk

Scammers plaguing a popular social media platform have successfully stolen over $150,000 in cryptocurrency. They used the verified accounts of two prominent British businesses by posing as Tesla founder and CEO Elon Musk. Two British Brands Targeted in Twitter Scam to Steal Crypto British fashion and home goods retailer Matalan and the United Kingdom arm...

Venezuela’s Supreme Court Orders Indemnity Payments in State Crypto Petro

Venezuela’s Supreme Court of Justice (TSJ) has recently ordered a national institute to pay indemnities to one of its employees after she suffered a workplace injury in its oil-backed cryptocurrency petro. According to Sputnik, the Supreme Court’s ruling was based on a decree on “Cryptoassets and the Sovereign Cryptocurrency Petro,” which was approved in April

CBOE Analysts: Crypto Seas Are Calm With Record Low Bitcoin Futures Volatility
Bitcoin (BTC) futures trading on the U.S. Chicago Board Options Exchange (CBOE) hit record low volatility levels in October, in stark contrast to the ...
Bitcoin volatility sinks to lowest in nearly two years
LONDON (Reuters) - Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become ...
Hublot is making a luxury Bitcoin watch you can only buy with Bitcoin
Swiss luxury watchmaker Hublot is celebrating Bitcoin's tenth birthday by issuing a very special Bitcoin-themed watch: the BIG BANG MECA-10 P2P.
Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar
Crypto wallet provider Blockchain says it will distribute $125 million in Stellar XLM to users, with some receiving tokens within the week.
Mining Pool of China's Oldest Bitcoin Exchange BTCC to See 'Indefinite' Closure
“We firmly believe that the cryptocurrency assets and the blockchain industry represented by Bitcoin will continue to develop and improve,” the ...
China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware
Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, according to an official tweet ...
Hollywood Goes Bitcoin
Earlier in the week, one of the most esteemed actresses of the generation, Gwyneth Paltrow has shown her interest in Bitcoin. If you're a follower of the ...
Bitcoin Cash (BCH): More than Just Hard Fork Hype?
Bitcoin Cash, the fourth largest cryptocurrency by market capitalization, ... While BCH is itself a fork of the original Bitcoin code, sometimes called ...
Bitcoin Cash Impending Hard Fork Sparks Price Rise
The cryptocurrency markets love a good hard fork, and the trend looks set to continue with Bitcoin Cash experiencing gains of just over 37% over the ...
It’s Not Money! ‘Bank for Central Banks’ Slams Bitcoin [Again]

Contrary to the notion among many crypto enthusiasts that bitcoin is a speculative investment with major upside potential, a stakeholder in the legacy financial sector has rubbished the value attached to digital assets, describing them as mere software algorithms with no utility. The verdict was given by the general manager of Bank for International Settlements

Hackers seed StatCounter with nasty JavaScript in elaborate Bitcoin cyber-heist caper
One of the top traffic metrics websites on the internet is apparently being used by criminals to steal Bitcoins from a currency exchange. Researchers at ...
Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K
Some of the scam tweets said that Elon Musk was conducting “the biggest” crypto-giveaway in the world for those who use “Bitcoic” (read Bitcoin), and ...
Bitcoin Cash Price Climbs 11% to Hit 2-Month High
The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high. Market data shows that the ...
Posing as Elon Musk nets hacker about $180000 worth of bitcoin so far
One of the bitcoin wallets linked in the tweets has already received about $180,000 from those somehow buying into the scam. As you can see, the ...
Bad News Day for Bitcoin: It's Destroying the World and Bank Accounts
For example, Bitcoin takes three times as much energy to mine than gold. For copper you need 4 million joules, gold 5 million joules and platinum ...
Will Bitcoin Cash (BCH) Price Surge as Hark Fork Approaches?
Ahead of its hard fork, Bitcoin Cash surged as high as 29 percent during the weekend trading session. All the eyes are now on whether the altcoin can ...
You Can Now Use Crypto to Take out a Real Mortgage on Virtual Land

It’s not Thursday, but this story sure feels like a throwback to headlines from last year’s cryptocurrency mania: crypto enthusiasts have begun using their tokens to take out real mortgages on virtual land. Decentraland & Ripio Partner for Crypto Mortgage Service This phenomenon has been made possible through a partnership between Decentraland, an Ethereum-based virtual

Bitcoin price news today: How much is bitcoin today - will BTC reach £5500 this month?
Bitcoin (BTC) is currently trading at £4,921.77 ($6,440.97) today at 5.30pm GMT, according to CoinDesk. Some cryptocurrency analysts now believe ...
Bitcoin ETFs: Another Reckoning Day Looms
The Securities and Exchange Commission (SEC) set Monday, Nov. 5, 2018 as the deadline for public comments on nine previously rejected bitcoin ...
PwC Is Advising (Not Auditing) Another Stablecoin Project
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
What will be one bitcoin worth in the future: A decent pair of shoes or a luxury mansion?
While Bitcoin continues its expansion to the general public, the price of cryptocurrency has stagnated for several weeks after a heavy fall. This does ...
Thailand’s Tax Authority Taps Blockchain to Fight Tax Evasion

In its fight against tax evasion Thailand’s tax collection agency will turn to blockchain technology among other measures to fight the vice. According to the director-general of the Revenue Department, Ekniti Nitithanprapas, the government agency will employ blockchain technology in verifying whether owed taxes were paid in the correct amounts. Per the Bangkok Post, distributed

Mining bitcoin is 3 times more expensive as mining gold, research paper finds
The amount of energy required to mine bitcoin, or digital gold as some proponents like to call it, is considerably higher than that of physical gold, ...
Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise an astounding 14

Bitcoin [BTC/USD] Technical Analysis: Bulls plan strategic comeback in short-term after taking over ...
While the entire market seems to be seeing a green light, Bitcoin has suffered the sting of a sideways trend after a short-term bull rally. The price of ...

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