23 November 2018

On This Day

Bitcoin price

Closing price: $4319.9938 Powered by Coindesk

Headlines

Bitcoin Miners are Selling Old ASICs for Scrap Metal as Price Decline Hastens Obsolescence
If miners were dumping ASICs on the street, it not only meant that the bitcoin price had reached their “shutdown-mark,” the point at which miners can ...
Bitcoin [BTC] price drop is not “a goal”, but a “consequence” of Bitcoin Cash [BCH] SV mining, says ...
Craig Wright, well known as Faketoshi for trying to claim that he was the creator of Bitcoin [BTC], recently spoke about the market dump of the #1 ...
New Bitcoin Cash Upgrade Makes Blockchain 'Immutable' after 10 Confirmations
A new version of Bitcoin ABC's Bitcoin Cash software has some enhancements that are intended to prevent chain reorganizations from taking place.
Bitcoin Miner Giga Watt Files for Bankruptcy Amidst Price Crash
Giga Watt recently filed for bankruptcy in a Washington court, declaring that it had under $50,000 in assets, with debt worth millions of dollars.
Coinbase’s Chief Policy Officer Is Leaving for a Major VC Firm
Coinbase's chief policy officer, Mike Lempres, is leaving to take on a new role at a venture capital firm, says Bloomberg.
Bitcoin Cash 'Hash War' May Soon End As Losses Near $12M
The total cost of the ongoing 'hash rate war' affecting Bitcoin Cash has topped $11.8 million, data from Hong Kong-based cryptocurrency trading ...
Crypto Leaders Weigh In On Bitcoin Collapse, $3000 Target Touted
Aiming to clear the air surrounding this sell-off, which sent Bitcoin (BTC) freefalling to $4,500, CoinTelegraph recently brought on a number of industry ...
Bitcoin price: Cryptocurrency expert says bitcoin still has HUGE value despite price slump
Cryptocurrency expert Lou Kerner, from CryptoOracle, appeared on Worldwide Exchange to discuss the latest development in bitcoin's value.
Analyst: Bitcoin and Ethereum Have Room to Fall Further, BTC May Touch $3500
At the time of writing, Bitcoin is trading down over 4% at its current price of $4,300. Over the past few days Bitcoin has established a new trading range ...
Bitcoin [BTC] might hit $1500 and bear market could last until summer of 2019 says Tone Vays
Tone Vays, a Bitcoin enthusiast/influencer, and a trader recently spoke about the brutal bear market currently engulfing all of the crypto-ecosystem.
Bitcoin [BTC] and Bitcoin Cash [BCH] chains will be interchanged for mining in “endurance attack ...
The Bitcoin Cash [BCH] hash war has been a topic that has been hotly followed by many of those in the cryptocurrency space for more than 3 months, ...
Why the 2018 bitcoin price crash is just a blip not a bubble bursting, claim cryptocurrency experts
The price of bitcoin has often been compared to history's biggest bubbles – Dutch Tulip mania in the 17th century, the Mississippi Bubble in the 18th ...
Bitcoin and Gift Cards: Two Great Scams That Are Even Scammier Together
However, it turns out there's another aspect of this racket: Bitcoin. Dayen's story is all about a guy who sells bitcoin at a markup to people who can't ...
Ethereum Developers Are Quietly Planning an Accelerated Tech Roadmap
Internal documents show that ethereum developers are privately planning strategies to more aggressively advance the world's third-largest blockchain.
Bitcoin Cash [BCH] hash war was a disappointment, says Bitcoin ABC lead developer
Bitcoin Cash [BCH]'s hard fork saga is still making news in the cryptocurrency community with several proponents of the fork discussing the pros and ...
Bitcoin Fundamentals 'Still Intact' Despite Price Lows, Says Blockchain Intelligence Group
Bitcoin (BTC) has led the majority of crypto assets into a fresh downward spiral over the past week, shedding around 30 percent to hit lows not seen in ...
OKEx Bitcoin Cash Futures Debacle Shows Danger of Unregulated Exchanges

The latest Bitcoin Cash hard fork had ramifications on the entire crypto community. Independent of whether you trade BCH, its recent split had disastrous financial consequences for many… and inspired some unorthodox moves from others. Malta-based exchange OKEx left traders furious last week after taking the decision to change the terms on $135 million Bitcoin

Bitcoin Cash War Resulting in the Loss of Millions of Dollars in Mining
With the drama and chaos that ensued with the hard fork of Bitcoin Cash on November 15 is still going on as the trading volume of BCH goes down ...
Cryptocurrencies have shed almost $700 billion since January peak
Prices were hit with an initial downturn last week, ending months of relatively stable trading for the world's biggest and best-known digital asset, bitcoin ...
Bitcoin Price Drops Again, But Tone Vays 'Still Short-Term Bullish'
Bitcoin price dropped even further November 23, but the lows did not stop one analyst turning bullish on Bitcoin's short-term future.
Bitcoin [BTC] price moving below $3000 could spell “catastrophic scenario”, might remain there for ...
Core said that he expected the same for Bitcoin. However, he believed that this is not a reasonable conclusion, with the current level holding well.
Edward Snowden Bullish On Crypto: Blockchain Money Makes Sense

In 2013, to the chagrin of the U.S. government, Edward Snowden broke America’s laws of secrecy in dramatic fashion, unveiling metaphorical heaps of the NSA’s classified documents to the public at large. As explained in a number of interviews from his Russian refuge, Snowden believed that the world’s people shouldn’t be supervised incessantly, finding it...

Bitcoin Price Watch: BTC/USD Looks Set To Gain Pace Below $4000
Bitcoin price failed to recover further above $4,700 and declined against the US Dollar. BTC/USD could accelerate declines below the $4,000 support ...
2018's Great Cryptocurrency Crash Is Set to Have Its Worst Week Yet
Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index's decline since Nov. 16 to 23%.
Bitcoin Mining Wasteful? Christmas Lights Use More Energy Than Some Countries
Think mining bitcoin is a waste of energy? Then you better ignore the energy consumption of US Christmas lights every year, which uses more ...
Mt Gox Trustee Seeks to Extend Civil Rehabilitation Claims Deadline
The trustee of the collapsed bitcoin exchange Mt. Gox is hoping to give creditors more time to enter civil rehabilitation claims.
Bitcoin Hits Another Low, Bitcoin Cash Is Down Almost 50% on the Week
23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost ...
Google Trends Bitcoin Interest Hits 6-Month High
Google trends Bitcoin interest hit its highest since April this week as BTC price has taken a beating in the past week.
Bitcoin Economist Says Top-ranked Crypto Will Reinvent Capitalism
Bitcoin economist, Dr. Saifedean Ammous, recently predicted that Bitcoin was capable of bringing back the economy similar to the Gold Standard.
Crypto ETF Could Launch Bitcoin Price to $20000 in 2019: BitPay's Sonny Singh
With Thanksgiving now in the books and the calendar just days away from turning the page to December, most bitcoin bulls are conceding defeat in ...
Norway Removes Tax Breaks for Bitcoin Mining as Crypto Firm Labels it a ‘Disaster’

Norway, a country known for its green crypto mining outfits, has decided to roll back a tax structure which previously allowed cryptocurrency miners to be taxed on power consumption at the same rate as other industries which use a lot of energy, according to a local news outlet. A parliamentary representative named Lars Haltbrekken told

Self-Styled Self-Help Guru Shamelessly Uses Bitcoin Price Crash to Hawk Products

In a sickly article posted to Business Insider, a self-styled, self-help guru and author of the book, “I Will Teach You to Be Rich”, has used the recent Bitcoin price crash as an excuse to advertise his “right attitude, right results” rhetoric. In his thinly-veiled advertorial, Ramit Sethi views the Bitcoin price performance through the...

Full Crypto: Overstock CEO Patrick Byrne Selling Retail Business to Focus on Blockchain

Overstock’s highly-touted tZero project has been something of a money pit for the company, costing nearly $170 million in overall development costs with no live product yet available. Medici Ventures, Overstock’s blockchain investment arm, has acquired additional subsidiaries on the order of several more millions of dollars in an effort to expand its crypto portfolio. The

Not All Gloomy: 79% Drop of Bitcoin is Smallest Major Correction to Date

Bitcoin (BTC) has experienced five major corrections to date, and the recent bear market of 2018 is the smallest major correction to date. As seen in a table shared by a renowned trader and technical analyst Peter Brandt, BTC experienced a drop of 79.7 percent in the past eleven months as its price declined from

ARK, a Cross-Blockchain Communication Ecosystem is set to Release Core v2 November 28th, 2018

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] and other cryptocurrencies' market cap will be in the trillions, says Vinny Lingham
In the interview with CNBC, Vinny Lingham explained that the crash was not over yet and that Bitcoin hasn't really hit the bottom. According to him, the ...
Bitcoin Price Analysis: Regulators Step in while BTC/USD Prices Range
Coincidentally, regulators from all over the world are foraying at the time when Bitcoin prices are free falling as investors seek for some sort of ...
Volentix Plans to Release 455 million VTX to Support Public Proposals to its Ecosystem

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 Cash Wars End With No Relief for Biggest Cryptocurrency
Over the past week, two factions tried to take over the network and the name of Bitcoin Cash, the world's fourth-biggest cryptocurrency. The struggle ...
Bitcoin hits 14-month low after weekly fall of 23%
The price of Bitcoin dipped by almost 6% overnight, bringing its losses for the week to more than 23%. The value of the cryptocurrency peaked in ...
Bitcoin Cash Price Drops 12% to New All-Time Low at $190 — What's Causing it?
Since November 7, the Bitcoin Cash price (BCH) has dropped from $640 to $190, by more than 70 percent. Prior to the hash power war between ...
Bitcoin Cash Price Drops 12% to New All-Time Low at $190 — What's Causing it?
“Since the Bitcoin Cash fork on November 15, 2018, Coinbase has been closely monitoring the BCH network. We have observed consensus in the ...
Bitpay Exec Makes Bitcoin Price Prediction: $20000 Possible In 2019
As Bitcoin price has suffered, mainstream media outlets, like CNBC and Bloomberg, have ramped up their coverage of this space. In a bid to provide ...
Checkmate: Bitcoin Cash Hash War Ends With SV Surrender
While the original Bitcoin Cash was at the center of a naming controversy ... Craig Wright, one of the primary supporters of Bitcoin SV, instigated a ...
Bitcoin selloff has more room to go, says analyst
Bitcoin, BTCUSD, -3.35% the world's largest cryptocurrency, was last changing hands at $4,259.80, down 3.8% since 5 p.m. Eastern Time on the ...
Bitcoin's Daily Transfer Volume Close to Overtaking MasterCard's
A recent report reveals that Bitcoin is inching closer by the day towards overtaking MasterCard in terms of daily transfers. This means that the premier ...
What Could Prevent Bitcoin Bulls Breaking Out
Many enthusiasts of Bitcoin thought that the market recovering of early April and late June 2018 will be sustained. Little did they know that the positive ...
Bitcoin Price Eyes Double Bottom Reversal After $4K Defense
Bitcoin's defense of key long-term support for the second time in four days is a positive sign for a potential recovery rally.
Crypto Market Loses $6 Billion as Bitcoin Price Retreats to $4100
In the last 24 hours, more than $6 billion was wiped out of the cryptocurrency market as Bitcoin (BTC), the most dominant cryptocurrency in the market, ...
When Bitcoin ceases to be Bitcoin (the 2nd death)
On the 18th of November, 2018, deadalnix pushed the following commit to the bitcoin-abc repository which was publicly released yesterday: ...
BitPay COO Sonny Singh: Bitcoin Could Hit $15-20K by End of 2019
The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end ...
Bitcoin Price: Bearish Pennant Portends Weekend Losses
The global impact of a weak dollar will be seen across its quoted assets, one of them being bitcoin, which is attempting to locate a bottom after two ...
Bitcoin tumbles again, loses a quarter of its value during Thanksgiving week
Bitcoin continued its move lower Friday, struggling to find footing after a week of pain for the world's largest cryptocurrency. The digital asset hit a low ...
Bitcoin price: BTC plunges to 14-MONTH LOW as cryptocurrency nosedives toward $4000
As of 12:30pm GMT, Bitcoin had recouped some gains and was trading hands at £3315.54 ($4,252.74), down 4.19 percent on its opening price.
Lightning-Powered Blog Sees 20,000 Bitcoin Micropayments in 7 Months
The Lightning Network is already powering a real blogging platform with bitcoin micropayments.
Dirty secret revealed in new bitcoin crash
In the last week Bitcoin has lost 30 per cent of its value, again. Bitcoin FOMO is over. The digital currency, which earlier this month notched up a year of ...
Bitcoin EOY Predictions Part 1
This year the market has been in one continuous downtrend following the massive surge which saw Bitcoin touch $20,000 in December last year.
Investor: Value of Crypto Dropped, But Ecosystem and Industry are Growing Rapidly

In the past seven days, the valuation of the crypto market dropped from $184 billion to $138 billion, by more than $46 billion. The cryptocurrency market experienced one of the worst weekly sell-offs in all of 2018, and the prices of major digital assets like Bitcoin have dropped by around 75 percent to 85 percent

What Oil, Gold, Bitcoin Signal for ETF Investors
Bloomberg Intelligence's Mike McGlone examines the impact of oil, gold, and Bitcoin on the ETF market. He speaks on "Bloomberg Markets." (Source: ...
Hiveterminal Launched – Global Blockchain-based Invoice Financing Platform Set to Revolutionise Factoring Industry

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

The Crypto Bubble Hasn’t Burst, It Hasn’t Even Begun Yet

Were Nouriel “Dr Doom” Roubini, Jamie Dimon, and Warren Buffet right all along? Was the 2018 crash the end of Bitcoin? Do we all give up on this decentralised finance stuff and accept the rule of central bankers forever more? It was all tulips anyway, right… Bubble? What Bubble? For those who proudly proclaimed that...

Bitcoin will fall 30% before bottoming at $3000, crypto trader predicts
Bitcoin shares could bleed another 30 percent before they bottom, cryptocurrency trader Michael Moro told CNBC on Friday. "You really won't find [the ...
Bitcoin will bring return to 'GOLDEN ERA' of capitalism - economist's EXPLOSIVE prediction
The extraordinary prediction was made by Dr Saifedean Ammous. The bitcoin economist has written about the subject extensively in his book, The ...
Bitcoin (BTC) Price Analysis: Wedge Support Test
Bitcoin broke below a short-term consolidation pattern and is making its way down to test the bottom of the falling wedge on its daily time frame.
Swiss-made Cryptocurrency Watches: Immortalised on the 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

Lawsuit Claims Bitmain Mined Bitcoin Using Customer Devices
According to at least one Bitmain customer and bitcoin miner, who is filing a suit for damages in excess of $5 million on behalf of miners everywhere, ...
Crypto Black Friday Looms: Bitcoin Under $4300, Ethereum Hits $120
To the dismay of cryptocurrency investors worldwide, while Black Friday, the international embodiment of capitalism, has come ever closer, Bitcoin ...
Wormhole apparently launching on Bitcoin SV 'soon'
But when the facts were revealed, it was found that the project co-developed by Bitmain Technologies and supported by Bitcoin ABC was nothing but ...
Gibraltar Stock Exchange Wins License for Blockchain Subsidiary
The blockchain subsidiary of the Gibraltar Stock Exchange now has official approval from the island's financial regulator.
Bakkt Postpones Launch of Bitcoin Futures
To back this up, on November 21 they released a positive update on why they are now prioritizing Bitcoin. In a 2-part Twitter thread, Bakkt noted that ...
Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, Dash: Price Analysis ...
Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, Dash: ... Bitcoin attempted a recovery on Nov.r 21 that failed at $4,799.74.
Crypto Trading Exec: Price Slump to Continue, With Bitcoin Bottoming Out at $3000
Michael Moro, the CEO of cryptocurrency trading companies Genesis Trading and Genesis Capital Trading, said that the Bitcoin (BTC) price could ...
Overstock.Com: What's Next?
Byrne's love of bitcoin is so strong that he recently announced that he plans to divest Overstock.Com so he can place his focus on running Medici ...
Coinbase Is Facing Another Lawsuit For Allegedly Trying To Suppress Bitcoin – Insider Trading?
The latest victim to this is Coinbase, a US-based crypto exchange and that's been accused of messing around with Bitcoin. In fact, this is not the first ...
Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing
Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.
Bitcoin sinks toward $4000
The great cryptocurrency crash of 2018 is heading for its worst week yet. Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, ...

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