27 November 2018

On This Day

Bitcoin price

Closing price: $3800.1963 Powered by Coindesk


Bitcoin slide halts as market attempts to form a short-term bottom
In early trading, a single bitcoin BTCUSD, +1.43% was last changing hands at $3,685.64, up 0.2% since Monday's level at 5 p.m. Eastern Time on the ...
MYTVCHAIN Presents 1st Decentralised Sports Web TV and ICO at Blockshow Asia in Singapore 28th-29th Nov

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Bitcoin 51% Attack is Unrealistic, New Study Concludes
A Bitcoin 51% attack would be futile for attackers as it would require “significant expenditure” and “little financial returns,” according to a new study, ...
Mining Bitcoin Forks Has Become More Profitable Than BTC Itself, Miners Pulling Out
For a long time, Bitcoin has stood the test of time as the most profitable crypto to mine, and thousands of miners have set up bases all across the world.
Investor: China Has a “Love-Hate” Relationship with Crypto and Blockchain

It’s no secret that China has a long and complicated history with cryptocurrency and blockchain technology, at times showing their love and hopefulness for the latter, while frequently taking actions to prohibit the use of the former. While speaking at East Tech West, Edith Yeung, the head of 500 Startup’s China unit, spoke to CNBC about this...

Crypto Exchange Bitstamp Rolls Out Tech to Spot Market Manipulation
Crypto exchange Bitstamp is upgrading its tech arsenal to better identify suspicious activity and market manipulation.
The Bitcoin 'pyramid scheme' continues to collapse
The ancient Egyptians made pyramids to last forever. Wall Street's pyramid schemes aren't nearly as durable. Bitcoin, while not officially a product of ...
Messari Opens Disclosure Registry for Crypto Projects
Messari is launching a disclosure registry for crypto projects to better inform investors.
A Site Enabling Anyone to Buy Bitcoin Using 300 Payment Methods Says the Demand is Growing
A company that enables visitors to buy Bitcoin using more than 300 payment methods has reported growth in the number of transactions being ...
Investor: Bitcoin Price Not Escaping $5000 For 3 to 6 Months in Crypto Winter
According to Vinny Lingham, the CEO of Civic, the crypto market and Bitcoin could suffer from their bearish trend for at least three to six months.
Popular Crypto Influencer, Zhao Dong, Predicts Bitcoin at $50000 by 2021
Zhao Dong, a Chinese-based cryptocurrency influencer and one of the biggest Bitcoin OTC traders in China, recently made some bullish price ...
Next Big Crypto Market? Cash is Rapidly Disappearing in Sweden

Half of Sweden’s retailers predict that the country will stop accepting cash by the end of 2025, the New York Times reported. Sveriges Riksbank, the central bank of the country, is already testing a digital currency called the e-krona. Could the declining usage of cash in Sweden lead to a potent market for crypto? Preparing

SEC chairman: Bitcoin 'doesn't have the attributes of a security'
The applause came after Clayton answered a question during a fireside chat at CoinDesk's Consensus: Invest about whether bitcoin acts as a ...
Bitcoin SV [BSV] Technical Analysis: Cryptocurrency enjoys post-fork high as bear looms large
The Bitcoin Cash [BCH] hard fork was the talk of the town over the last few weeks, the event which resulted in Bitcoin Cash splitting into two different ...
Nasdaq Plans to Launch Bitcoin Futures in Q1 2019: Report

Nasdaq Inc. is reportedly unfazed by the cryptocurrency bear market and is fully committed to listing Bitcoin futures in a matter of months. Two sources close to the matter told Bloomberg that the financial giant is moving full steam ahead. “Nasdaq has been working to satisfy the concerns of the U.S.’s main swaps regulator, the […]

Bitcoin Will Close Below Key Price Support in First Since 2015
Bitcoin looks set to end the month below a key long-term support level for the first time in three years. The 21-month exponential moving average ...
Tim Draper: Cryptocurrencies Will Consume Half the Fiat Currency Market

Bitcoin is having a rough time lately, having been lost more than 80% of its total market cap this year. But the decline has not discouraged Tim Draper from putting his confidence in the crypto technology. The renowned venture capital investor predicted that half of the fiat money holders would eventually shift to cryptocurrencies in...

ICE Founder: 'We're Kind of Agnostic' on Bitcoin's Price
Sprecher appeared with Kelly Loeffler, the CEO of Bakkt, the bitcoin futures platform backed by ICE that is gearing up for a planned launch early next ...
Bitcoin Gets a Thumbs Up From New York Stock Exchange's Chairman
Bitcoin has plunged in price in the past year, but the CEO of one of the world's biggest exchange operators isn't deterred from entering the space.
Bitcoin SV Joins Top Cryptocurrency Ranks after Climbing 48% in a Week
The hash war between the Bitcoin ABC and Bitcoin SV camps have officially come to an end. But the one that conceded defeat surprisingly gained ...
Why bitcoin could have more room to fall
Bitcoin (BTC-USD) retreated once again Monday to kick off a fresh week of losses after the cryptocurrency suffered its biggest weekly decline since ...
Tether Says Customers Can Once Again Deposit and Redeem Fiat
Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.
SEC's Clayton needs to see key upgrades in cryptocurrency markets before approving a bitcoin ETF
Cryptocurrency enthusiasts have been eagerly awaiting the approval of what would be the first-ever bitcoin exchange-traded fund, or ETF. But the man ...
Crypto crisis: a year on from its record high, is this the end of the road for Bitcoin?
Last year, Christmas came early for Bitcoin investors. As the 2017 holiday season loomed into view exactly one year ago, cryptocurrency investors ...
Civic CEO: Bitcoin to Trade Range-Bound for 'Three to Six Months'
26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark. Speaking on CNBC's “Fast ...
Abu Dhabi Bank Settles $500 Million Bond on a Blockchain
Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.
Ohio To Accept Bitcoin For Business Taxes, Individual Filings Could Be Next
Bitcoin will make a major move in the Buckeye State starting this week. Ohio has become the first state to begin accepting business tax payments via ...
BTC/USD Price Analysis: SEC Commissioner Comment on Bitcoin ETF
At spot prices, Bitcoin and the altcoin market need a catalyst, something that investors have been waiting for. And from the look of things, the SEC ...
BIGToken: Reclaiming Power for Consumers

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Lately, giant tech companies, such as Facebook, have been under scrutiny for their insufficient efforts in keeping the integrity of their users’ private data. While the usage of platforms

Three Months after Exchange Listing, Coinbase Wallet Supports Ethereum Classic

Users of Coinbase Wallet will now be able to send as well as receive Ethereum Classic. In a blog post, cryptocurrency exchange Coinbase indicated that support has now been extended to not just Ethereum Classic but also to the more than 100,000 ERC20 tokens which exist in the Ethereum blockchain. Users of the wallet will,

Bitcoin [BTC] Futures to be launched by Nasdaq in Q1 of 2019
Despite the plunge in Bitcoin's prices, sources close to the matter said that Nasdaq Inc. is moving forward with the plan to pursue Bitcoin futures.
Winter Cometh: Bitcoin to Equal Four Year Record Dropping Four Months in a Row
Bitcoin has not fallen for four consecutive months and closed November in the red since 2014. As the world's largest digital currency continues its ...
Fake Developer Sneaks Malicious Code into BitPay’s Copay Wallet
The Copay wallet from crypto payments processor BitPay has been compromised by a hacker, the firm warns. An updated version has been released.
Cryptocurrency Trading Update: Bitcoin SV Enters Top Ten, Markets Still Falling
Over the past 24 hours Bitcoin has bounced off support at $3,650 twice and it looks like this will not hold again. At the time of writing BTC was down ...
Barry Silbert: Bitcoin Cash Fork Is a Distraction, Confusing for New Investors
“If Bitcoin emerges as the winner, it's been battle tested. It has been challenged by competitive cryptocurrencies, it's been challenged by internal strife ...
Bitcoin Price Drops 7% Yet Again as Crypto Market Struggles to Retain Momentum
Temporarily, Bitcoin spiked to $4,000, engaging in a 17 percent increase in price within a 24-hour period. However, the price of the asset began to fell ...
What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market: Report

The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019. Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator. The report read: “Nasdaq has

Bitcoin Z-Signal Gets Smarter
The Bitcoin Z-signal is a work in progress. I've added more data to the model, which has had a positive impact. Observations increased as 48-hour ...
#GivingTuesday: 100,000 Venezuelans To Receive Crypto Subsidy

The situation on the ground in Venezuela is unimaginable to those of us from the US and other countries where the type of economic chaos and inflation being wreaked upon the citizens of the Latin American country has not been allowed or felt for several decades. Inflation is estimated somewhere around one million percent for

Bitcoin SV Grabs 8th Position, Calvin Ayre says BSV will Take over non-scaling Platforms
With a market cap of $1.77 billion, Bitcoin SV is currently at 8th spot while its network hash rate increases to 38 percent. Meanwhile, Calvin Ayre ...
Bitcoin's Crash Looks Like a Real Currency Crisis
Bitcoin is in crisis. You can never really declare it dead — the idea of an electronic currency that is theoretically borderless and lawless will always live ...
Pomp Goes On Mainstream Bitcoin Crusade, Calls Bottom On CNBC
Bitcoin is fighting back, struggling to stay above $4,000. This crypto expert believes bitcoin will end down at 85% of previous highs.
Analyst Claims Bitcoin to Test $2970 is Likely in the Short-Term
At the time of writing, Bitcoin is trading down 1.1% at its current price of $3,730, trading choppily over the past 24-hours between a range of ...
Bitcoin Price Stabilizes above $3500 as CME Futures Expiry Approach
The CME Bitcoin Futures are also going to expire this week on Friday. Tom Lee from Fundstrat had earlier noted that volatility in Bitcoin spot market ...
Bitcoin Used To Fund Terrorism: New York Woman Pleads Guilty
Bitcoin and other cryptocurrencies have often been cited as being a major conduit for money laundering and terrorist financing offences, not least ...
Bitcoin [BTC] and other cryptocurrencies will make up two-thirds of worlds currency value, says Tim ...
Red November has been a tough month on Bitcoin [BTC] and every other cryptocurrency in the ecosystem, with most of them losing 30% or more in a ...
The latest bitcoin plunge is making its fans loopy
Back in September 2017, when the price of bitcoin first broke the $5,000 barrier, I declared the cryptocurrency “still a dumb investment.” Ever since ...
Trader: Bitcoin (BTC) To Fall To $2500 By January 2019
Stephen Innes, an Asia-Pacific market-focused trader at New York-based Oanda, recently sat down with Bloomberg to discuss his opinions on the ...
Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
The price plunge is certainly a far cry from the gift hodlers were looking for this holiday season, and talk of bitcoin this year is likely more hushed or ...
Crypto CEO: Bitcoin Will Remain at $3k-$5k For At Least Half a Year
Prominent crypto executive Vinny Lingham has gone on the record with his addition to the ever growing list of Bitcoin price predictions.
Crypto Exec: Bitcoin Will Remain Under $5000 For At Least Six Months
One such skeptical optimist, known for his intriguing, yet controversial statements, has even claimed that Bitcoin won't see a breakout until 2019 at the ...
Billionaire Tim Draper Unfazed By Bitcoin Crash, Boldly Vows Crypto Will Surpass Fiat Money
Tech billionaire Tim Draper is unfazed by the recent bitcoin crash, and insists that the global economy will soon transition to crypto. In fact, Draper ...
Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019
U.S. stock exchange operator Nasdaq is reportedly sticking with plans to launch bitcoin futures contracts early next year. A Bloomberg report on ...
SherCoin Platform and Token Redefines Utility Token Functionality for Mass Adoption

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

American Woman Faces 20-Year Sentence for Using Bitcoin to Fund ISIS

A Pakistani-American woman is facing up to 20 years in prison after she admitted to sending Bitcoin to a terrorist organization to fund their deadly criminal operation and activities. 27-Year-Old New York Woman Funds ISIS with Bitcoin Zoobia Shahnaz, a 27-year old New York hospital technician, has admitted to a Federal Court Judge that she...

Bitcoin ETFs Roadblocked by Lack of Safeguards, SEC's Chief Says
The SEC has turned down a series of bids to list Bitcoin-based ETFs in recent months, dashing the hopes of the backers who see the issuance as a ...
Bitcoin Miners Selling Shakes Off Gold Rush Mentality
Bitcoin (BTC), Cryptocurrency–As prices for Bitcoin continue to slip to their lowest point in over a year, with all eyes on BTC hitting $3,000, a recent ...
Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite ...
Norway Bitcoin Miners Eye Exodus to Sweden after Electricity Tax Hike

The Norwegian government’s decision to scrap tax subsidy on the power conferred to bitcoin miners is prompting them to migrate offshore. According to Erik Svensson, who serves as the director to Boden Business Agency, a Sweden-based data center company, bitcoin miners from neighboring Norway region are interested in moving their data centers to Sweden. He confirmed being

Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH
“Bitcoin has been the best performing asset class in the last ten year,” explained Pompliano. “The digital currency has seen two 80 percent drops ...
Bitcoin approaching its worst ever slump — here's what's driving it
Bitcoin (BTC-USD, BTC-GBP) is having a terrible year. The cryptocurrency has fallen over 70% since January and is down by about 80% since its high ...
El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’
Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.
Bitcoin Likely to Close Below Key Price Support in First Since 2015
Bitcoin looks set to end the month below a key long-term support level for the first time in three years.
Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of

Vinny Lingham Warns Of 'At Least' 3-6 Months Of Bitcoin Price Under $5K
Civic CEO Vinny Lingham forecast the Bitcoin price to remain below $5000 for at least three to six months this week as sentiment throughout the ...
Harbor Launches Tokenized Equity Purchases With Real Estate Offering
Security token startup Harbor is offering its first private placement, allowing investors to buy into a high-rise property.
Bulgarian Authorities Seize $3M in Crypto From Cybercriminals

Authorities in Bulgari have busted a cybercriminal gang specialising in internet fraud, seizing over $3 million worth of cryptocurrency in the process. Local news platform 24chasa reports that three individuals were arrested and charged with obtaining more than 5 million lev ($3 million) through various illegal internet schemes. This is the latest breakthrough after a

Nasdaq Reportedly Eyeing Bitcoin Futures Launch in Early 2019

Bitcoin market has plunged by more than 80 percent across the spot markets. But that hasn’t deterred the world’s second largest stock exchange from eyeing it. The Nasdaq Stock Market is reportedly looking to list Bitcoin futures on its exchange by Q1 2019, according to a Bloomberg report. The New York exchange operator is taking...

Paxos Standard To Be A Base Token on Binance

An exchange is only as good as its liquidity. There are hundreds of exchanges to choose from, and many have chosen Binance, which was originally based in China and funded through an ICO. Binance is far and away the largest exchange in the world by volume and users, most days almost doubling the volume of

Latest Crypto Crash Caused By Bitcoin Civil War Say Experts
Bitcoin's USD value continued to fall this week leading to the cryptocurrency's value dropping below $5,000 for the first time in 13 months. Bitcoin saw ...
As Bitcoin plunges, a gabfest turns into a hate-fest
A Bitcoin hate-fest broke out today as the financial world's leaders and chattering classes gathered in Midtown to ponder what on earth has happened ...
Bitcoin [BTC] price can fall much lower and last significantly longer, says Tone Vays
The cryptocurrency market's bear run looks to have made the Bitcoin [BTC] community, as well as investors, look around for solutions to change the ...
Nasdaq's Bitcoin Futures Could Launch in Q1 2019, Says Bloomberg
The move comes despite the downturn in Bitcoin (BTC) prices to 13-month lows, marking the tail end of a testing year for existing Bitcoin futures ...
Bitcoin price news: How bitcoin may CRASH further in 2019 - Crypto CRISIS as BTC PLUMMETS
Bitcoin (BTC) has experienced a torrid November, which has seen the flagship cryptocurrency's value falling some 45 percent so far. BTC began ...
Ready to ditch your bitcoin? Use it to buy wine, fix your car — or even pay your taxes
Despite bitcoin's stratospheric plunge, Ohio has become the first state to accept the cryptocurrency for tax payments. But with the freefall, will anyone ...
Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct
Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.
Bitcoin (BTC) Price Analysis: Next Bearish Targets
Bitcoin is resuming its slide after bouncing off the resistance marked earlier on. Applying the Fib extension tool shows the next potential downside ...
As The Bitcoin Price Plummets, Its Dominance Is On The Rise
Bitcoin has had a terrible month, but not as bad as many other major and minor cryptocurrencies it would seem, with bitcoin's share of the total ...
‘Blockchain Revolution’ Is Bigger Than Anything We’ve Seen in History: Overstock CEO

Overstock founder and CEO Patrick Byrne is exiting the retail business so he can focus on blockchain because he believes it’s a disruptive technology that will transform the world. “The blockchain revolution has a greater potential than anything we’ve seen in history,” Byrne told Fox Business on Nov. 26 (video below). “It’s bigger than the

SEC Chair Clayton: Crypto ETF Needs Exchanges ‘Free From Manipulation’
Token issuers looking to fund their businesses with the proceeds should "start with the assumption that it's a securities offering," according to the SEC's Jay Clayton.
Data Sheet—Bitcoin Bites It
Bitcoin biting it. Its price has fallen below $4,000, from a lot more than that a year ago. Other so-called “cryptocurrencies” have fallen equally dramatic ...
CNBC Tech Correspondent: Bitcoin's Survival Hinges on People Believing in It
While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin's long-term survival as an asset and ...

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