15 November 2018

On This Day

Bitcoin price

Closing price: $5620.8775 Powered by Coindesk

Headlines

Breaking: Bitcoin Cash Hard Forks — BCH Hash War Begins
Minutes ago, Bitcoin Cash activated a hard fork that splintered the fourth-largest cryptocurrency's network into at least two competing versions, ...
After the Fork: How Competing Bitcoin Cash Blockchains Might Wage War
The war for bitcoin cash is only beginning.
Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances
Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.
Big Investors Put $2.25 Million Behind Bitcoin Reward Startup Lolli
In a recent seed funding round Bitcoin rewards startup, Lolli, amassed $2.25 Million from an impressive array of investors including Bain Capital ...
Binance Exchange Will List Circle’s USDC Stablecoin This Week
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for Circle-issued stablecoin USDC.
Bitcoin news: 'UK must ACT NOW to spearhead cryptocurrency innovation' - URGENT appeal
Bitcoin and other cryptocurrencies have the potential to change the way the world makes payments. The digital assets are already being embraced by ...
Why The Future of a Bitcoin (BTC) ETF is Uncertain with the Current BCH Hash War
Before the current market turmoil brought about by the ongoing Bitcoin Cash (BCH) Hash Wars, many crypto enthusiasts were anxiously waiting on the ...
Bitcoin Is Crashing -- What's Wrong With the Cryptocurrency Market?
After relatively low volatility for the past few months, bitcoin and most other cryptocurrencies took a sudden dive on Wednesday. In fact, all of the top 50 ...
Bitcoin Cash Just Split Into Two Blockchains
The code for Bitcoin cash's hard fork has been activated. With neither side of the contentious debate leading up to the hard fork willing to come to a ...
Newsflash: Bitcoin Cash Price Careens Below $390 as Hard Fork Approaches

The bitcoin cash price crashed below the $400 level on Thursday, less than two hours before the fourth-largest cryptocurrency’s network is expected to splinter into competing versions following a contentious hard fork. The crypto market had already been battered over the previous 48 hours, with every major cryptocurrency posting losses in excess of 10 percent

Crypto Crash Impacts Large Financial Firms as SBI Shares Decline

On November 15, the crypto market experienced a wipeout of more than $27 billion, as its valuation dropped from $210 billion to $183 billion. As CCN reported, the intensity of the drop reached to a point in which Bitcoin dropped by more than 11 percent, after having defended the $6,000 support level for nearly six

It’s Official: Fork of Bitcoin Forks, As Bitcoin Cash Splits Into Two Separate Blockchains

Bitcoin Cash, the controversial fork of Bitcoin designed to increase the speed of transactions, has itself forked into two separate blockchains. Bitcoin Cash SV, which stands for “Satoshi’s Vision,” is currently trading at a futures price of $84.90 on CoinMarketCap, using the symbol BCHSV. Meanwhile, Bitcoin Cash ABC, which represents the “original” Bitcoin Cash, is trading […]

Bitcoin Mining Firm Canaan Slashes IPO Target — and May Not Go Public Anytime Soon

Canaan, one of the world’s largest bitcoin mining firms, may be having second thoughts about its plan to go public in one of the cryptocurrency industry’s highest-grossing initial public offerings (IPO) to date. Chinese Bitcoin Mining Firm Delays IPO The Hangzhou-based Canaan had been one of at least three Chinese bitcoin mining firms planning to

Hours After Bitcoin Cash Network Update Begins, Bitcoin ABC Over 10 Blocks Ahead
At press time, Bitcoin ABC and Bitcoin Unlimited are currently leading Bitcoin SV in terms of both hash rate and number of nodes, according to Coin.
Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan
Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million.
Bitcoin Hits Lowest Level In More Than a Year, Drops Well Below $6000
Bitcoin fever may officially be over after a rough 24-hour period that has seen the cryptocurrency fall from a high of $6,177.57 to a low of $5,363.09.
Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath
With bitcoin cash mining its first forked block, the futures prices of SV and ABC are fluctuating wildly. The BCHSV futures price jumped 10.7 percent ...
Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand
After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since ...
Bitcoin Price Sell-Off Slows As RSI Hits Four-Year Low
Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.
Bitcoin Cash War Begins: Hash Power of BCH Increasing Rapidly
Bitcoin Cash's controversial chain split scheduled for today has been activated at block number 556,766. Around three hours after the split, it appears ...
Bitcoin Cash: ABC Network Suffered Spam Attack as Hard Fork Activated

Immediately after the Bitcoin Cash hard fork, the blocks on the Bitcoin ABC chain started filling up with nonsensically small transactions. At the time of writing shortly after the fork, three such blocks had been mined with a total of more than 50,000 transactions worth less than 0.5 BCH total. As seen in the video below,

Fork Wars: Bitcoin Cash Dev. Warns that CoinGeek Will Attack ABC

During a largely celebratory live stream regarding the ability of Bitcoin ABC’s upgraded version of Bitcoin Cash to survive and thrive in a post-fork universe, Bitcoin ABC’s self-proclaimed “benevolent dictator,” Amaury Séchet, said that he believes, due to metrics that are publicly available, that BCH mining pool CoinGeek is presently preparing an attack against the ABC

The Brexit Deal, a Tumbling Pound, and a Ceaseless Crypto Bloodbath

At long last after two-and-a-half years of negotiations in a painful process that can only be described as watching a slow-motion train wreck, a Brexit deal has been struck–a tentative one, at least. However, instead of cracking open the champagne, the pound has tumbled against the dollar, ministers are resigning left and right, and Theresa

Crypto Exchange OKCoin Expands to Latin America & Opens Fiat Market

Popular cryptocurrency exchange OKCoin has recently revealed, through a press release shared with CCN, that it expanded to the Latin American market, with a platform that’s set to let users trade top cryptocurrencies against local fiat currencies. According to the release, OKCoin’s expansion to Latin America comes after it became a fully licensed platform to

Why bitcoin prices are staging a fresh collapse
On Wednesday, bitcoin, the world's most famous digital currency, plummeted more than 10%, crashing through $6,000 and trading to its lowest level ...
Australian Taxpayers Have Paid $1 Million to Scammers Through Bitcoin ATMs Since July

The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying their taxes through Bitcoin ATMs to their accounts. As the deadline approaches on 21 November, the authority told the one million taxpayers, who will need to make a payment to the ATO, to be wary....

Bitcoin Cash Fork Hits Investors' Pocketbooks as Two Coins Slip
The combined value of the two coins spawned from the so-called forking is less than that of a single Bitcoin Cash coin Wednesday, according to data ...
Bitcoin Plunges Below $6000, Hits New Lows for the Year
Other rivals also fell sharply in value, with market participants suggesting that a looming split in a separate digital currency called Bitcoin Cash ...
Modeling Bitcoin's Growth With The UTXO Set
Bitcoin operates on what's called the UTXO model, in which chunks of value can be broken down into different sizes. The UTXO set grows as Bitcoin ...
CoinShares CSO Demirors Urges Calm Among Bitcoin Investors as Prices Slide 12 Percent
Institutions “taking money off the table” was a major factor contributing to Bitcoin's (BTC) and altcoins' sudden price drop, the CSO of CoinShares told ...
Bitcoin suffers big drop of more than $800 dollars over today
The long expected big move in the Bitcoin(BTC) price came today as over the day the price dropped by over $800 dollars from over $6,200 to as low ...
Bitcoin Plummets To Lowest Level In Over A Year, Trades Below $6000
Bitcoin prices tumbled below the key support level of $6,000, hitting the lowest level in more than a year following an almost volatility-free three months ...
Crypto Savant: Bitcoin (BTC) Is The “Medicine You Need”
Ammous, who authored the now-world-renowned The Bitcoin Standard: The Decentralised Alternative to Central Banking, explained that Bitcoin's ...
Bitcoin suffers big fall since March
Bitcoin slipped to a 13-month low, falling below the $6,000-level and posting its largest drop since March with other cryptocurrencies also heading ...
Bitcoin Break to $5,600 is Good For Crypto, Says Major Investor

Bitcoin price tanked more than 10 percent on Wednesday after months of low-volatile action. As the market prepares for further slides, a prominent investor believes that Bitcoin breakdown is good for the crypto space. Travis Kling, chief investment officer at Ikigai crypto-assets management firm, said in his tweet that Bitcoin downtrend should induce more capitulation...

Buy or Sell? What Traders Think About Today’s Bitcoin Cash Fork
With Thurday's hard fork of the bitcoin cash blockchain likely to result in a split, what are the traders planning to do with their holdings?
Brian Kelly: Bitcoin Cash Hard Fork Caused “Crypto Civil War”

Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly...

ECB official dubs bitcoin 'evil spawn of the financial crisis'
One of the eurozone's top central bankers has dubbed bitcoin “the evil spawn of the financial crisis”. Benoît Cœuré, a member of the Executive Board ...
Bitcoin (BTC) Price Analysis: Strong Downside Break, How Low Can It Go?
Bitcoin had formed lower highs and higher lows to consolidate inside a symmetrical triangle on its 4-hour time frame before breaking to the downside.
How BANKEX is Driving a Digital Finance Transformation with Blockchain

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. It might be hard for the younger generation to believe, but there was once a time when people were not able to buy online. However, Amazon once digitized

How the Bitcoin Cash (BCH) Hash War Is Affecting Bitcoin (BTC)
The last 24 hours in the crypto-market have stunned many traders and left them speechless. This is due to the fact that Bitcoin (BTC) fell from levels of ...
Bitcoin Prices Just Hit a New Low. Here's How Much You Would Have Lost If You Bought at the ...
“Bitcoin prices drop”: That's been the news throughout pretty much all of 2018. But on Thursday morning, Bitcoin prices dropped even lower—to ...
What We Know About Bitcoin Cash's Two Blockchains
At 18:02 UTC, the bitcoin cash blockchain officially split in two. With one iteration of the bitcoin cash protocol called Bitcoin “Satoshi's Vision” or Bitcoin ...
Moscow Residents are Slowly Warming to Crypto Payments: Study

In Moscow, green shoots of crypto adoption are starting to emerge. Indeed, of the Moscow locals who prefer non-cash payment methods such as mobile payments, 1% are using cryptocurrencies while 5% appear to be on the verge of doing so, according to Forbes, citing a study by Yandex.Money. The survey, which was also a product

Bitcoin market cap falls below $100 billion for first time since October 2017
Amid a sell-off in the cryptocurrency markets that began Wednesday, Bitcoin's market capitalization fell below the $100 billion mark on Thursday — a ...
Coinbase-Backed ‘Gods Unchained’ Releases Gameplay Trailer
The makers of the ethereum-based fantasy card game released a new video, giving players a feel for what to expect.
How Low Can It Go? Bitcoin Settles Below $5600 as Altcoins Continue to Drop
Following yesterday's widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it ...
Crypto-Linked Stocks Drop After Bitcoin Sank to One-Year Low
Shares of several cryptocurrency-related companies in Asian markets fell Thursday, following earlier losses among U.S. names after Bitcoin led a ...
Bitcoin plunges below $6000 to lowest level in more than a year
After nearly touching $20,000 in December 2017, bitcoin's value nosedived in volatile trading over the months that followed. But it has enjoyed a ...
Bitcoin and the crypto market is once again crashing hard
It's not been a pretty year for anyone who owns Bitcoin, but the last 24 hours has been a period to forget as the cryptocurrency dropped below $100 ...
Bitcoin Cash Hard Fork: How Did We Get Here?

As the actual hard fork of Bitcoin Cash approaches and users face the prospect of two versions of Bitcoin Cash, it’s important to remember what led Bitcoin Cash to this situation. As such, here is an albeit incomplete recap. The Block Size Debate Beginning around the middle of 2015, Bitcoin blocks started becoming full, and

Bitcoin Ban is Impossible in India, says Experts
Experts are saying the Indian Government's perceived plan to ban Bitcoin and all other cryptocurrencies is an impossibility. Analysts are saying that by ...
Bitcoin and four other leading cryptocurrencies all plunge suddenly
It joins other cryptocurrencies such as Ethereum, XRP, Bitcoin Cash and Stellar, that have all seen a massive reduction in value over the past three ...
Ripple (XRP) Overtakes Ethereum As Bitcoin's $15 Billion Bloodbath Continues
Bitcoin, ripple (XRP), and ethereum continued to fall today following yesterday's bloodbath, with bitcoin down almost 3% on the last 12 hours, adding ...
Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires
Canaan Creative's IPO may be in doubt as the bitcoin mining firm's filing with the Hong Kong Stock Exchange has now lapsed.
Bitcoin Investors In For More Pain As Prices Hit 13-Month Low Below $6000
Bitcoin, the leader in the cryptocurrency sector, has fallen further below the $6,000 level as it trades near its lowest level in 13 months. According to ...
Crash: Bitcoin And The Stock Market On The Brink
I've been writing about how bitcoin has been in an increasingly tight range and how when it breaks out it should run in that direction a long way.
Creating a Comprehensive Digital Assets Ecosystem (DAE)

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. The article is penned by Dane Keller Rutledge. October 24, 2018- A comprehensive digital assets ecosystem (DAE) can be created by combining a decentralized digital assets exchange with a secure

Bitcoin [BTC] market cap falls below $100 billion for the first time since all-time high
Bitcoin [BTC], the biggest cryptocurrency by market cap and the very first digital gold, is currently being crushed by the bear's grip. The cryptocurrency ...
Coinshares Exec: Bitcoin in Financial Crisis, Altcoins in Liquidity Crisis

The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field....

Bitcoin Bulls Wonder Where's the Bottom as Volatility Returns
Bitcoin advocates are asking how low will we go from here as the world's largest cryptocurrency continued to slump following its biggest one-day loss ...
Bitcoin hits lowest level since October 2017 amid digital-coin rout
A single bitcoin BTCUSD, -1.27% was last changing hands at $5,545.08, down 1.5% since Wednesday at 5 p.m. Eastern Time on the Kraken ...
Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors
It has been more than 24 hours since bitcoin scared investors with a sudden 10 percent drop. But there hasn't been a concrete recovery action — yet.
Return of Rights and Interests to the Community: DragonEx Implements Community Democratic Voting

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

BCH Fork: Bitcoin Cash Hash Wars Begin With ABC Outpacing SV
Bitcoin Cash (BCH) has finally forked. Bitcoin SV, the protocol implementation favored by Craig Wright and Calvin Ayre, is currently trailing in the battle ...
European Central Bank Exec Calls Bitcoin the 'Evil Spawn of the Financial Crisis'
Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial ...
The Entire Cryptocurrency Scene—Including Bitcoin—Is Plummeting Again. These Might Be the ...
For months, the price of Bitcoin has been hovering around the mid-$6,000s mark. No longer. The most popular cryptocurrency has plummeted by 12% ...
What you need to know about the controversial Bitcoin Cash hard fork
Today, Bitcoin Cash BCH (BCH) – the most popular fork of the original Bitcoin (BTC) network and the fourth largest cryptocurrency by market cap – is ...
Bitcoin is the 'Evil Spawn of the Financial Crisis': European Central Bank Board Member
One of the Eurozone's chief monetary economists heaped some backhanded praise at Bitcoin on Thursday, arguing that the flagship cryptocurrency ...
This Bitcoin Skeptic Wants to Make 'Stable' Cryptos for Venezuela
Economist Steve Hanke often scoffs that bitcoin isn't “a real currency.” The Johns Hopkins University professor has also compared the cryptocurrency ...
Bitcoin Cash (BCH/USD) Price Analysis: Bitmain Ready To “Sacrifice” Bitcoin Hash for Bitcoin ...
Clearly, the market is bleeding. It's simply a bloodbath out there. And it's about to get worse—or better—for Bitcoin Cash's official coin—Bitcoin Cash ...
European Central Bank Exec: Bitcoin is the “Evil Spawn of the Financial Crisis”

Yet another prominent member of the established financial industry has expressed scepticism about Bitcoin. This time it is European Central Bank executive, Benoit Cœuré. Cœuré: Bitcoin Is a Clever Idea, Just Not a Good One Bitcoin and the rest of the cryptocurrency space has not had a very pleasant 24-hours. With prices plummeting and speculation over...

BitMEX CEO Accurately Called $5000 Bitcoin in August, Is $2000 Next?
Bitcoin has set a new low for 2018, and is now inching closer and closer to BitMEX CEO Arthur Hayes' prediction that Bitcoin will reach $5,000.
Ahead of Bitcoin Cash Fork, Mining Power Still Favors SV
Bitcoin cash is expected to execute its scheduled hard fork in the next few hours, but warring mining-pool factions continue to duke it out over control of ...
Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner’s Board
Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.
Crypto Custodian BitGo Adds New Stablecoins in Bid to Woo Institutions
BitGo now supports over 100 assets, including new stablecoin offerings, as it works to offer a wide spectrum of services for institutional investors.
Why -- And How -- To Accept Bitcoin At Your Business With Minimal Risk
(Disclaimer: Author owns bitcoin and shares of Overstock.) “I'll pay 10,000 bitcoins for a couple of pizzas.” That was the request made by Laszlo ...
Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion

After remaining stagnant at $6,400 for the better part of a season, Bitcoin (BTC) finally saw an awakening on Wednesday, as the now-1o-year-old crypto asset saw an influx of trading pressure. However, as many feared, this awakening, while powerful in its own right, wasn’t the one that many optimistic crypto investors were hoping for. Instead of...

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019
It's a capitulation. It's the end of Bitcoin. It's a Bitcoin Sell-off. And it's true; a typical Bitcoin investor is bleeding right now. But a critical look at price ...
Coinbase CTO: Time May Be Right for Home Crypto Mining
Mining innovator Balaji Srinivasan pivoted away from that business in 2017, but now believes the time is right for a home miner.
Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions.

Blocks mined

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