28 November 2018

On This Day

Bitcoin price

Closing price: $4241.575 Powered by Coindesk


Bitcoin edges back above $4000
Bitcoin was on track for its biggest daily rise in more than seven months on Wednesday following a sharp fall earlier in the week that saw it hit its ...
Why a Nobel laureate in economics thinks bitcoin is toast
The price of bitcoin has been ticking back up after a precipitous drop from $6,500 at the beginning of the month to $3,600 this week. That low marked ...
Venture Capitalist Tim Draper Holds Strong to Bitcoin as Dominance Rises
Despite the tumbling state of the crypto market and the sharp decrease in Bitcoin price, venture capitalist and permabull Tim Draper remains overly ...
US Exposes Bitcoin Addresses of Sanctioned Iranians
In imposing sanctions on two Iran-based individuals it said helped facilitate ransom payments made in Bitcoin, the Office of Foreign Assets Control for ...
Bitcoin [BTC/USD] Technical Analysis: Bitcoin falls further down the abyss
Bitcoin is undergoing a long bloody rung ever since its prices plunged below the $6,500. The total market cap of Bitcoin fell from a whopping $111 ...
Crypto Analyst: Bitcoin (BTC) To Base At $3500, But Bears Aren't Done Yet
To say that crypto's past two weeks have been tumultuous would, frankly, be putting it rather lightly. On November 13th, Bitcoin (BTC) was trading at ...
Goldman Sachs Still Can’t Hold Crypto on Behalf of Clients Despite Growing Demand

Nearly three months have passed since Goldman Sachs, a $73 billion investment bank based in the US, said that it is not ready to facilitate the delivery of “physical Bitcoin” to its clients. The banking giant is still not able to hold cryptocurrencies on behalf of its clients, despite growing demand from clients. At a

Bitcoin price RISING: How high could Bitcoin rise today? Why is Bitcoin rising?
Bitcoin has proven to be one of the most unstable cryptocurrencies in recent years, performing at astronomical highs in 2017 before falling flat this year ...
For first time, Treasury targets Bitcoin addresses in sanctions
The Treasury Department announced Wednesday that it had sanctioned two Bitcoin network addresses, a first of its kind action against accounts in a ...
Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month
U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk this month, Cheddar reports.
Bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal?

The price of Bitcoin (BTC) has increased by more than eight percent in the past 24 hours, as the dominant cryptocurrency recovered to $4,000. On fiat-to-crypto exchanges like Coinbase and Bitstamp, Bitcoin is yet to surpass $4,000 mark but on crypto-to-crypto trading platforms, the price of BTC hovers at around $4,100. Fueled by the corrective

Bitcoin price news: Bitcoin SOARS above $4k - set for BIGGEST daily jump in 7 months TODAY
The blockchain currency rebounded more than 10 percent today, climbing above $4,000. Bitcoin had slumped to £3,970.04 on the Bitstamp selling ...
Bitcoin, Is That You? Cryptocurrencies Show Signs of Recovery After a Crash-Tastic Two Weeks
Bitcoin's price is showing signs of recovery, following a dismal two weeks that wiped as much as 17% off the cryptocurrency's value. On Wednesday ...
Nasdaq plows ahead to launch bitcoin futures despite cryptocurrencies' bear market
The Nasdaq is moving ahead with plans to launch bitcoin futures as early as next year, despite an ongoing bear market for crypto. The world's ...
Bitcoin Cash Price Analysis: BCH/USD Remains Sell Near $200
Bitcoin cash price moved back in a bearish zone below $200 against the US Dollar. BCH/USD could decline towards $160 as long as it is below $200.
Bitcoin and digital assets are here to stay, says NYSE chairman, despite bear market
Bitcoin got the backing of a critical figurehead on Wall Street this week. Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent ...
Bitcoin [BTC] back in the $4100 ground: witnesses a rise of more than 12% within 24 hours
Bitcoin [BTC], the first ever cryptocurrency, which was bleeding in the market since the beginning of this month has finally started to show signs of ...
Judge Slaps Down SEC Attempt to Label ICO Token as Security

US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) had failed to demonstrate that the Blockvest ICO met the characteristics of a security under US law. The case will go to trial, as such. There are three important metrics involved in determining whether a

Iranians Accused in Cyberattacks, Including One That Hobbled Atlanta
The suspects chose targets with the means to pay ransom and a need to put their systems back online quickly, law enforcement officials said.
Amazon Has Launched a New Service for Building Blockchains
Amazon will help clients build blockchain platforms on Hyperledger Fabric or ethereum with its new product.
A Slight Relief For Bitcoin Investors
In the prior two weeks, Bitcoin's price has fallen by 43.22%. The U.S. Department of Justice has commenced an investigation into Tether. The technical ...
US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot
The U.S. Department of the Treasury is officially adding crypto addresses to its individual sanctions list. The Treasury Department's Office of Foreign ...
Bitcoin price latest: Could BTC could trade at $20000 AGAIN by 2020?
Bitcoin's price plummeted in the last two weeks November, dragging the wider cryptocurrency market down with it. A total of 17 percent was wiped ...
Bitcoin Price Bounces Despite Worrying Warning Over Cryptocurrency Markets
Bitcoin has climbed back over the psychological $4,000 mark after falling as low as $3,600 last week amid a rout that has wiped billions from the ...
The Trade of the Decade: Betting on Bitcoin
In fact, an investment in a basket of the top crypto-assets (largely Bitcoin) has the best chance to deliver the most attractive risk-adjusted returns over ...
Is Dogecoin Making A Comeback?

In every market slaughter, there are some winners. Those with sell orders over 50 satoshi on Dogecoin may have noticed their sales went through recently. Demand for Dogecoin has seemingly picked up whilst the rest of the market was on a sell frenzy. The Dogecoin price went up about 6 Satoshi in the last 48 hours,

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April
The number of Google searches for bitcoin has seen a notable uptick this week, now recording its most searches worldwide since last April.
Top US financial regulator pours more cold water on the one thing Bitcoin investors need right now
SEC chairman Jay Clayton has made some of his most direct comments yet on why the regulator won't approve a Bitcoin ETF. Clayton said crypto ...
VanEck Crypto Head Confirms Nasdaq Bitcoin (BTC) Futures
To clear the air, Gabor Gubacs, a digital asset strategist/head at VanEck (the firm behind the leading Bitcoin ETF proposal), took to the stage of ...
ICO Market is Dead: Crypto Investor Barry Silbert

The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric spike in bitcoin prices, but now the ICO market has been decimated, resulting in

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.
SEC Chairman: Bitcoin [BTC] is a replacement for sovereign currencies
Jay Clayton, the Chairman of Securities and Exchange Commission [SEC], spoke about the reason behind why Bitcoin is not classified as a security, ...
Shark Tank Star and Crypto Innovator Says Bitcoin and Crypto Bear Market Could Linger for Months

Civic CEO and star of Shark Tank South Africa, Vinny Lingham, is offering his take on the current bear market conditions in the cryptosphere. In a new interview with CNBC, Lingham said he sees Bitcoin hovering in the $3,000 – $5,000 range for at least three to six months, adding, “If we don’t get out […]

Blockchain Smart Contracts Subject to Financial Laws, Says CFTC Primer
The Commodity Futures Trading Commission says smart contracts are covered under financial rules in its new primer on the technology.
Cryptocurrencies Rally as Bitcoin Moves Above $4000 for First Time Since Plummeting
At the time of writing, Bitcoin is trading up 13% at its current price of $4,200, significantly outperforming most major altcoins. Bitcoin appears to have ...
South Korea Eyes More Reliable E-Voting With December Blockchain Trial
South Korea's National Election Commission says it is building a blockchain-based voting platform to be trialed in December.
Bitcoin SV [BSV] crashes after bull run as investor sentiments take a hit
After siding with the bull on Tuesday and making its way to the CoinMarketCap's top-10 list, Bitcoin SV [BSV] has fallen prey to the bear once again.
Bitcoin climbs back over $4000 after turbulent week
Bitcoin jumped above $4,000 on Tuesday, after falling below $3,700 over the weekend. The cryptocurrency hit $4,063.47 late Tuesday, according to ...
Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not So Smart

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. One thing has held true for more than five years – while the market goes up and down and over-funded market leaders delay upgrades, the teams behind Bitcoin,

Ohio now accepts bitcoin for tax payments. What could go wrong?
This week, Ohio became the first state in the US to allow businesses to pay taxes in bitcoin—well, sort of. Although crypto enthusiasts celebrated the ...
Bitcoin Price Watch: BTC/USD Ran Into Resistance, More Gains Likely
Bitcoin price gained traction and moved above $3,800 and $4,000 against the US Dollar. BTC/USD must break the $4,080 resistance level to trade ...
ICE CEO Unequivocally Sure That Crypto Will Succeed, Bitcoin Market Isn't Worrying
Surprisingly, amid one of the worst Bitcoin corrections in its decade-long history, a number of commentators and investors, from the traditional, venture, ...
Even with the Market Crash, Crypto Holders Are Still Giving

There hasn’t been much good news lately with prices on a downward spiral. Even with an overnight surge, no one knows for sure if crypto has hit rock bottom yet. So it may come as a surprise that even when crypto HODLers are bleeding wealth, they’re still in a giving mood. According to a survey

Hollywood Blockbuster Wreck-it-Ralph 2 Features Crypto Cameo

The relentless incursion of cryptocurrency into popular culture has recorded another first with the SAFE Network being featured in the newly-released animation movie ‘Wreck-it-Ralph 2 – Ralph Breaks The Internet’. First pointed out by posters on internet forums, the feature was then confirmed by a shot of a cinema screen showing the SAFE logo clearly

Could Ohio be paving the way for Bitcoin as a regular currency?
Ohio has become the first state in the country to permit business taxes to be paid with the cryptocurrency Bitcoin. Diego Zuluaga, a policy analyst at the ...
What Does the Bitcoin Crash Mean for Crypto Energy Use?
Fears about the energy consumption of cryptocurrency mining have been temporarily quelled by a slide in the value of cryptocoins, including bitcoin ...
US Treasury Sanctions Bitcoin Addresses, Two Iranian Men, in Ransomware Hacks
For the first time ever, the U.S. Treasury Department announced that they have sanctioned two Bitcoin wallet addresses connected to a ransomware ...
Bitcoin regains $4000, on track for best day in 4 months
After a rough November so far, bitcoin found some support over the past 48 hours and is attempting to carve out a base around the $3,500 - $4,000 ...
Bitcoin price forecast: Billionaire Tim Draper claims 'bitcoin is the way FORWARD'
Bitcoin (BTC) has had a dismal fortnight which wiped 17 percent from the flagship crypto's value. Bitcoin was valued at £4,917 ($6,282) on November ...
Back Over $4K: Bitcoin’s Price Bounce is Gathering Pace
While the bitcoin market is still predominantly bearish, seller exhaustion near $3,500 may be paving the way to stronger corrective bounce.
Bitcoin price crash CRISIS sparks fears of 'MASSIVE' spike in cybercriminal hacking
The comments were echoed by bitcoin economist Dr Saifedean Ammous who wrote in a tweet on Sunday: “This bear market is a test for Bitcoin's ...
Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month

Galaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year so far to $136 million. Bloomberg reports that the Q3 loss was driven by net realised and unrealised losses on digital assets, chiefly caused by losing positions

Bitcoin Will Surge 60 Times in 4 Years, Says Celeb VC Who Predicted Crypto's 2017 Peak
Cryptocurrency investing in 2018 has often been terrifying. As of this week, Bitcoin has fallen more than 80 percent from its December 2017 peak of ...
Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts
The second largest stock exchange in the world - NASDAQ - is partnering with investment management firm VanEck to bring to market a new generation of cryptocurrency futures products.
Canadian Jewelry Retailer Birks Now Accepts Bitcoin Payments
Birks Group, one of the oldest luxury jewelry retailers in Canada, is now accepting bitcoin payments at eight of its stores.
Steemit Lays Off 70% of Its Staff, Citing Crypto Bear Market
"We've been forced to lay off more than 70% of our organization and begin a restructuring," says Steemit founder Ned Scott.
Battered-down bitcoin jumps 15%, lifting cryptocurrency market value by $20 billion
Bitcoin saw a double-digit rebound Wednesday after weeks of struggling to recover above the $4,000 mark. The world's largest cryptocurrency spiked ...
2018 Bytom Global DevCon was Successfully Held, the US Team Won the First Prize of 200,000 BTM

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

U.S. FDA Eyes Blockchain to Enhance Food Safety in the Wake of E. coli Outbreak

Following an outbreak of E. coli in the United States that was linked to romaine lettuce, the Food and Drug Administration (FDA) is considering better track-and-trace methods and this includes the use of blockchain technology. Speaking to business news channel CNBC, FDA commissioner Dr. Scott Gottlieb announced that the federal agency had hired the vice

Petition “Stop Bitcoin from Dumping Lower” to SEC & Federal Reserve Emerges Amid Bitcoin ...
The crash of Bitcoin to $4k and wipe out of $700 billion from the crypto market has led a crypto enthusiast and trader to start a petition titled “Stop ...
WATCH: SEC Chairman Jay Clayton’s Full Consensus: Invest Interview
Clayton spoke Tuesday at the CoinDesk-organized event. Here's the full video of his fireside chat.
Bitcoin Price Surges 15% in Rebound Action — Has It Bottomed Already?
Bearish bias still clouds the bitcoin market, and it is expected to stay strong unless BTC/USD rolls above the large descending trendline depicted in a ...
Bitcoin (BTC) Price Live: $400 Gain Sees BTC Rise Above $4000
Bitcoin is presently experiencing a mini-rally that has seen its price climb above the $4,000 price mark. This surge is indicative of what is currently a ...
Coinbase COO: Crypto is Enabling the Creation of Internet 3.0

The financial technology emerged from the underlying protocol of a crypto could be just the thing internet 3.0 is all about, believes Asiff Hirji. The president and chief operating officer of one of the largest regulated U.S. crypto exchange Coinbase put crypto technology at the forefront of the next internet revolution. Speaking at the latest...

Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency

Tapatalk, the mobile forum application with an aggregate registered user base of 300 million, has struck a deal with the Kin Foundation to reward its users with cryptocurrency for posting quality content on the platform. Announced on Wednesday, the partnership will see Tapatalk, whose platform hosts 200,000 forums based in 186 countries, seek to build

The Bitcoin Fad: Successfully Understanding Trends Vs. Fads
It was August 15, 2017 when I wrote the column "A Bitcoin Is Worth $4,000 - Why You Probably Should Not Own One." At the time, Bitcoin's value had ...
Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies

A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero

Bitcoin Is Bouncing Around Again. Here Are Some Possible Causes
Bitcoin has lost a lot of its value this month. Financial experts aren't sure why. And they're not sure where the popular cryptocurrency will go next.
‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value

Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse input that places a buy or sell order that is magnitudes larger than

Bitcoin (BTC) Price Analysis: Bulls Are Back in the Game!
Bitcoin was previously trending lower inside a descending channel but has just broken past the resistance to indicate that a reversal is due. Price has ...
US Targets Iranian Hackers for Laundering Bitcoin In Connection to Major Ransomware Attack
The action underscores growing concern among U.S. officials that Iran will increasingly rely on bitcoin and other currencies to sidestep Washington's ...
BTC/USD Price Analysis: Bitcoin Support at $3,600, Path to $4,500?

After two weeks of incessant sell pressure and analysts giving up on bulls, it seems like BTC/USD sellers are exhausted. Notice that BTC is finding minor support at $3,600 or Nov 25 floors and if today close higher then we might see a temporary recovery towards $4,700. On the flip side and Vinny Lingham projections...

The 6 Big Takeaways From SEC Chair Clayton’s Crypto Remarks
Following SEC Chairman Jay Clayton's fireside chat at Consensus: Invest, we invited three crypto law experts to unpack what was said.
SEC Commissioner Not Ready to Approve Bitcoin ETF, Worries Fester

To say that advocates of crypto are dedicated would be putting it lightly. Since Bitcoin’s earliest blocks, true innovators have discovered value in the crevices of the cryptocurrency world, finding it logical to latch onto this nascent industry in times of despair and euphoria alike. While this zealous faith in this decade-old innovation has taken many...

Norway: Tax on Crypto Mining Scares away $116 Million Foreign Investment

NTC Services AS revealed that a foreign investor had stopped an $116 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hearing about the Norwegian government’s decision to exempt crypto mining centers from electricity

Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin: Price Analysis, Nov. 28
Bakkt CEO Kelly Loeffler expressed confidence that the platform's futures contract will help establish a trusted Bitcoin price for investors, unlike now, ...
Bitcoin price BOMBSHELL: Experts say SELL NOW as Bitcoin to bring 'pain' for investors
Bitcoin kickstarted trading today in the green, opening at £2,960.82 ($3,788.13) per token, according to crypto tracker CoinDesk. The digital currency is ...

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