13 November 2018

On This Day

Bitcoin price

Closing price: $6307.245 Powered by Coindesk

Headlines

Ahead of Bitcoin Cash Hard Fork, The Coin's Competing Visions Vie for Hash Rate
As the Nov. 15 Bitcoin Cash hard fork draws closer, a majority of hash power favors the Bitcoin Cash SV iteration favored by Australian computer ...
Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
When the bitcoin price flatlined near $6,500 in mid-October, many crypto analysts predicted that the bears had finally become winded following a ...
Shell, BP Back Blockchain Platform to Modernize Commodities Trading
Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.
Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom
Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where ...
Target's Twitter Hacked to Promote Bitcoin Scam
During that time, the attackers used their unauthorized access to the account to promote a Bitcoin scam. The Target hack and the subsequent Bitcoin ...
Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure
Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency ...
What you need to know about the Bitcoin Cash 'hard fork'
On Thursday, Bitcoin Cash, perhaps, the most famous hard fork of bitcoin and the fourth-largest cryptocurrency, will split in two, creating a second ...
McAfee Stands By $1 Million Bitcoin Price Prediction By 2020
John McAfee, the eccentric cryptocurrency guru and former cybersecurity entrepreneur, stands by his $1 million Bitcoin (BTC) price prediction by 2020.
Flash hike: Bitcoin Cash [BCH] shoots up 6% two days before hard fork
Bitcoin Cash [BCH]'s November 15 hard fork is something that fans of the cryptocurrency have been waiting for and seems like the prices have ...
XRP is 1000x faster and cheaper than Bitcoin [BTC], says Ripple CEO Brad Garlinghouse
He added that XRP's services are a “1,000 times faster than Bitcoin [BTC] and a 1,000 times cheaper than Bitcoin”. The tech honcho also revealed that ...
Cryptocurrency Mining Farms In China Shut Down For ‘Strict’ Tax Inspections

Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks. Power to the mining farms was shut off on November 5, sources told local daily Cong News. As a result, the mines lost about 1 million yuan (or roughly $143,700) a day

Massive Twitter Hack Made Target Promote Bitcoin Scam
A group of unknown hackers has just achieved a major win today after attacking Target's Twitter account to promote a Bitcoin giveaway scam.
Bitcoin Cash [BCH]'s Craig Wright says Silk Road killed the adoption of Bitcoin [BTC]
Craig Wright aka Faketoshi, a Bitcoin Satoshi's Vision proponent for the Bitcoin Cash [BCH] blockchain, recently appeared on a video hosted by Tone ...
Crypto Markets See Slight Decline on The Day, Bitcoin Cash Makes Minor Gains
The leading cryptocurrency Bitcoin (BTC) is down less than a tenth of a percent today, trading at $6,370 at press time. During the day, the lowest BTC ...
Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report
Bitmain, the world's largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should ...
'We giving 5000 bitcoin': Scammers hijack Target's Twitter
The website the Verge posted a screen grab of a tweet apparently posted on the retailer's account. The tweet said Target was giving away bitcoin and ...
Traders Now Betting 2-to-1 Bitcoin Cash Fork Will Cause Price Decline
New data is offering insight into how crypto traders are pricing in a coming technical update to bitcoin cash, one that could cause the world’s fourth most valuable blockchain to split into two competing networks. At press time, there are now almost twice as many open short positions betting that the price of bitcoin cash […]
BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service

Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries. Japanese Sompo Holdings Follows SBI Remit in Partnership...

Ripa Exchange—A Crypto Asset Marketplace

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Bitcoin Price Analysis Nov.13: Back in danger, are the bears following NASDAQ?
In our previous analysis, we mentioned the ascending trend-line, which stopped Bitcoin from getting to new lows. Unfortunately for the bulls, Bitcoin ...
Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial
Australia's federal science agency CSIRO and CommBank have trialed a blockchain payments prototype they say could save "hundreds of millions" a year.
Massive Sexstortion Scam Linked to Bitcoin Laundry Site Bitblender.io
The email threatens to release the video to all your contacts unless you pay a Bitcoin ransom. The email also references a real password previously ...
A measure of bitcoin volatility fell to its lowest level since 2016
Bitcoin prices are mostly unchanged Tuesday, extending the recent lull in price activity that has pushed a popular gauge of volatility to its lowest level ...
Bitcoin Analysis: Falling Wedge Indicates Interim Breakout Scenario
Bitcoin on Tuesday extended its downward momentum, dropping 0.67-percent against the US Dollar. The BTC/USD trading pair opened the Asian ...
North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime: Report

According to cybersecurity firm Inksit Group, state-funded hackers in North Korea have been targeting crypto exchanges in South Korea to circumvent various sanctions imposed on the regime. The security firm alleged the government of North Korea of running illicit initial coin offering (ICO) projects and breaching into large crypto exchanges. “We discovered that North Korea’s

Target's Twitter account was hacked and used for a bitcoin scam
Hackers were able to compromise Target's Twitter account early this morning for use in a bitcoin scam that has been ramping up over the past few ...
Google's G Suite Twitter account is the latest to get hacked in bitcoin scam
Google's official G Suite Twitter account is the latest victim of an ongoing bitcoin scam that has been plaguing the social media platform for the last few ...
Major US Museum Becomes Country's Third to Accept Bitcoin as Payment
Great Lakes Science Center, a major museum and educational center in Cleveland, Ohio, is accepting Bitcoin (BTC) as payment as of today, Nov. 13.
Hackers Demand $6.3 Million in Bitcoin From Malaysian Media Giant

Ransomware creators have attacked Malaysian media giant Media Prima Bhd and are demanding bitcoins before they can allow access to the company’s compromised computer systems. According to The Edge Markets, which initially broke the news, the hackers struck on November 8 consequently denying the company’s employees access to the email system. The hackers are now

Crypto Analysts: Bitcoin’s Calm Indicates Market Will Explode in 2019

After a year of near-non-stop action, the crypto market has finally slowed to a snail’s pace, with prices grinding to just shy of a halt. While many have claimed that this non-action is here to stay, a multitude of analysts are adamant in their claims that Bitcoin (BTC) and its altcoin brethren are on the...

Bitcoin Cash Price Analysis: BCH/USD At Risk Of Break Below $500
Bitcoin cash price is currently well below $530 against the US Dollar. BCH/USD might accelerate declines once there is a close below the $500 level.
Bitcoin Price Watch: BTC/USD Could Tumble Below $6250
Bitcoin price is currently in a downtrend below $6,350 against the US Dollar. BTC/USD could tumble once there is a break and close below the $6,250 ...
International Sky Group – Optimizing the Communication Ecosphere

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“Target” The American Retail Giant Hacked to Promote Bitcoin Scam
The meteoric rise in price and awareness of cryptocurrency has awakened the mainstream interest among folks worldwide. Investing in bitcoin has ...
Why Comparing Bitcoin with Centralized Systems Based on Transaction Rate is Wrong
On the Bitcoin network, whether it is a transaction worth $100 or $1 million, it costs the same miner's fee to process the payment. On October 16, a ...
The Ledger: Bitcoin Predictions, Tim Draper, Elon Musk Crypto Hijackers, Stellar Lumens Giveaway
Naturally, I wanted to know if they were standing by their predictions some eleven months into the cryptocurrency bear market, with Bitcoin's price ...
What Fork? Asian Traders Are Buying Bitcoin Cash
While bitcoin cash is seeing an internal war ahead of Thursday's hard fork, traders in Asia are betting that the upgrade will result in "free money."
Tommy Robinson Turns to Bitcoin After Being Banned From PayPal
Screw Paypal and the establishment if you still want to support me you can do so without Paypal atwww.supporttommy.com or using Bitcoin […].
Bullish Signals: Binance Boss Predicts Year End Crypto Bull Run

Bears have dominated the last three quarters in the Bitcoin market. But the sentiment is about to reverse, according to Changpeng Zhao. The CEO of Binance, the world’s leading crypto exchange by volume and earnings, said in an interview that he expects a new bull run phase in the Bitcoin market. The gutsy prediction found its...

Raido Financial – Simplifying Cryptocurrency Trade

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Bitcoin Back on the Defensive After Price Hits Two-Week Low
Bitcoin's price dropped to two-week lows earlier today and could extend the decline to key support near $6,100.
Should I Buy Bitcoin?
You see, Bitcoin and the blockchain – the technology behind Bitcoin – are ... Bitcoin is becoming more mainstream, and it's now a topic of regular ...
Scammers impersonate Elon Musk on Twitter, hack Target in bitcoin fraud
Hackers are perpetuating a scam in which they promise to compensate people with Bitcoin if the victims first send along payments of the ...
Target confirms its Twitter was hacked to promote a Bitcoin scam
Target has officially confirmed its Twitter account got hacked to promote a malicious cryptocurrency giveaway scam, promising over $31 million worth ...
Bitcoin price: cryptocurrency 'bull run' predicted
The values of bitcoin and other digital coins looks set to return to and possibly even exceed the all-time highs recorded in January, according to ...
'Nuclear Option': ABC Dev Won't Rule out Changing Bitcoin Cash PoW Algorithm
The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority ...
Join a Comprehensive Study into Cryptocurrency Ownership and Personas

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Would you like to participate in a study that helps further the understanding of bitcoin ownership? Right now there is no clarity on who owns bitcoin and why.

Breaking: Target (yes, the retail giant) hacked to promote Bitcoin scam
It remains unclear how successful the attack was, but the Bitcoin address associated with the malicious giveaway links has received only a handful of ...
Dash stress test hits 3 million transactions; surpasses Ethereum [ETH], XRP and Bitcoin Cash [BCH ...
Moreover, the Bitcoin Cash stress test, which had stirred up the whole community with a transaction of over 2.1 million. This stress test has effectively ...
Bitmain Sues Alleged Bitcoin Thief in US Federal Court
Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant.
Swift-Banned Iran Set to Launch ‘National Cryptocurrency’ While Max Keiser Urges Gold and Bitcoin

Swift has blacklisted Iran in an effort to comply with US sanctions against OPEC’s third-largest crude oil producer. Swift, a Belgian-based neutral network that facilitates cross-border payments for 11,000 financial institutions in over 200 countries, cut off the Central Bank of Iran as well as other Iranian banks and financial services on Monday. US Treasury Secretary […]

Expert Opinion: BCH Hard Fork Crypto Rally Stops While Bitcoin Hash Rate Continues to Rise
While prices still stay undecided, the Bitcoin TPS is seen rising. A positive indication that adoption of Bitcoin is on the rise. The price yet does not have ...
Litecoin [LTC] stays on development track; Charlie Lee continues fight against Bitcoin SV
And you're transactions in the game are about 13 – 14 cents, So doing that inside Bitcoin didn't really make sense for fees perspective, but also ...
Bitcoin [BTC/USD] Technical Analysis: Bears continue to hold cryptocurrency captive as prices ...
The Bitcoin [BTC] one-hour graph shows a mix of uptrends and downtrends that have skewed towards the bear's domain. The uptrend indicates the ...
BREAKING: Twitter addresses Bitcoin giveaway scam epidemic after Target hack
Following a series of cryptocurrency-related hackings on high-profile accounts (including retail giant Target and some politicians), Twitter has finally ...
Marc Andreessen: Bitcoin Is A “Very Important Idea”
Marc Andreessen, one of the internet's foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that ...
Stock Market Slump Could See Bitcoin Price 'Make New All-Time High'
Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this ...
Target Confirms Twitter Scam Involving Bitcoin
Elon Musk, the founder of Tesla, was used in a different bitcoin Twitter scam. The BBC reported at the time that hackers took over the accounts of ...
Bitcoin Cash Community Divided Ahead of Upcoming Hard Fork
Scheduled for November 15th, the Bitcoin Cash (BCH) hard fork will be different from its predecessors. A hard fork is a usual occurrence on the BCH ...
The 10th anniversary of Bitcoin: trick or treat?
However, fact is often stranger than fiction, and the payment system he described in Bitcoin: A Peer-to-Peer Electronic Cash System, has certainly ...
ELAD – A Reliable and Profitable Real Estate Investment Platform

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GMO Reports $5.6 Million Q3 Loss on Crypto Mining
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
Bitcoin Mining Trumps Gold Mining Energy Consumption Estimates
Bitcoin mining allegedly consumes significantly more energy than mining gold of an equivalent value. This is according to a recent report published by ...
Exit Scam? Crypto Exchange Delists High-Profile Tokens & Users Allege Sell-Off

Between September and October, Liqui.io delisted 25 token pairs. A shrill Reddit user believes that signs point to an exit scam in progress. Liqui.io has been delisting alot of their coins lately. Including some of their top 10 volume coins like BAT. Meanwhile they give customers just 15 days to withdraw after delisting (approx a

BREAKING: Google hacked to promote Bitcoin scam on Twitter
In the latest in a string of cryptocurrency-related hackings on Twitter, attackers have breached an official Google account to promote a Bitcoin BTC ...
Ripple CEO Brad Garlinghouse: We’re Not Partnering with SWIFT — We’re Taking Them Over

Ripple CEO Brad Garlinghouse went on Bloomberg TV for an interview about the usefulness of his company’s technology and told the interviewer that “any digital asset in the long-term is going to be valued based upon the problems it’s solving.” Garlinghouse: SWIFT’s Customers Think Blockchain Has Promise Ripple is widely believed to be solving the

Initiative Q Rides Co-Opts the Fame of Bitcoin (BTC)
“Initiative Q is not the new Bitcoin,” says Shidan Gouran, President and CEO of Global Blockchain, cited by Forbes. “Initiative Q is actually highly ...
Bitcoin Mining Takes Three Times More Energy Than Gold Mining — Study
(Kitco News) - It takes three times as much energy to produce one dollar's worth of bitcoin than one dollar's worth of gold, according to a new research ...
Bitcoin Cash’s ‘Mining War’ Escalates as Blockchain Hard Fork Approaches
Over the past day, bitcoin cash mining pools supporting Craig Wright's Bitcoin SV have consolidated even more of the relative amount of hash power.
Official G Suite Twitter account latest target of Bitcoin-related hacking spree
This week, Twitter has been hit with a massive influx of Bitcoin scamming. Bad actors are attempting to make their scams more appealing through the ...
Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack

A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchange Cryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $550,000 at the time of writing this article). However, the cryptocurrency has shifted the blame on Cryptopia. On AurumCoin’s website, it has claimed that it is not

Bitcoin Price Bleeds to Low $6300 as Investors Carefully Observe Market
Over the last 24 hours, the price of Bitcoin has fallen from around $6,400 to $6,300, recording two consecutive sell candles on its daily chart. Although ...
Op-Ed: UK Central Bank Holds Venezuela's Gold Hostage – Bitcoin Users Unaffected
Venezuela, where bitcoin trading is at an all-time high and the socialist government has issued its own cryptocurrency amid record-breaking inflation ...
Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned?

This week, the U.S. officially removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, disallowing the Central Bank of the Islamic Republic of Iran from working with financial institutions worldwide. Iran could eye a switch to crypto as a response, as it hinted in early 2018. The U.S. government imposed strict sanctions

Opposing Bitcoin ABC and Bitcoin SV Factions' Debates Grow Heated as the Bitcoin Cash Hard ...
The Bitcoin evolution has been constantly debated within the developers community, who had opposing views on what technology to implement and ...
Bitcoin Drifts Lower Under $6400 as Altcoins Have Mixed Trading Session
Bitcoin drifted lower on Tuesday leading to a mixed trading session for altcoins. Most major cryptocurrencies by market capitalization are currently ...
Paradise Valley police warn residents of Bitcoin scam
PARADISE VALLEY, Ariz. (KSAZ) - Police in Paradise Valley are warning residents of a new blackmailing scam involving Bitcoin.
Target and Under Armour among companies impacted by Bitcoin scam
Several major Twitter verified accounts were compromised this morning as part of yet another Bitcoin scam. This time around, Target claimed it was ...
Bitcoin (BTC) Price Analysis: Key Resistance to Watch
Bitcoin volatility has been low once more, leading many to speculate that a big breakout might be brewing. Price is still keeping its head above a rising ...
Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute
A Canadian judge ruled that CIBC, which froze some $26 million CAD claimed by QuadrigaCX, must transfer the funds under dispute to the court.
Bitcoin price decrease
More specifically, Bitcoin has also experienced a price decrease during the day. Although it is comparatively minor, this still brings Bitcoin down to ...

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