4 December 2018

On This Day

Bitcoin price

Closing price: $3929.6283 Powered by Coindesk

Headlines

Why Entrepreneurs Shouldn't Panic About the Bitcoin Slump
The spike in the price of Bitcoin at the end of 2017 caused a frenzy of excitement as people rushed to invest their money in the new phenomenon of ...
Bitcoin by Design; Falling Difficulty and Hashrate Makes Mining Easier
With all the doom and gloom being published about Bitcoin at the moment it is often hard to overlook how it has been designed. When prices plummet ...
How a Bitcoin Paper Wallet Works
A Bitcoin paper wallet is a print out of your private keys. By printing out your private key, instead of saving it on your PC, you eliminate online threats.
Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors

Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex now have a total of six stablecoin options for trading on either platform. Bitfinex Opens Platform to Tether Competitors As Bitfinex writes, for years the only major option in stablecoins was Tether (USDT), and for quite a while Bitfinex was the only way to

South African Man Hands $60k Worth of Bitcoin to Thieves After Being Tortured
After being kidnapped and tortured, the victim eventually handed almost $60,000 in Bitcoin, along with cash and various other gadgets on his person ...
Bitcoin Will 'Surpass' All-Time Price Highs by End of 2019, Says Quoine CEO
The CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin (BTC) will “surpass” its all-time price highs by the ...
Air Force Grad School Launches Blockchain Demo Site
The Air Force Institute of Technology has published a demonstration website aimed at helping professionals learn about blockchain.
Tax Time! How to Calculate Your Bitcoin and Cryptocurrency Losses
And claiming your Bitcoin losses is also sure to rank as your least memorable task of late 2018. However, the Internal Revenue Service (IRS) is not an ...
Bear Market? Thai Crypto Exchange Satang to Raise $10 Million STO

Thailand-based cryptocurrency exchange Satang Corp. has its sights set on raising $9.9 million through a security token offering (STO), the Nikkei Asian Review reports. Satang plans to raise funds as crypto markets continue to crash all across the world. The exchange would use the funds raised through its STO for building its proprietary e-wallet app, the

Crypto Whales [Who Haven’t Sold] Nearly Doubled Their Ethereum Holdings This Year

The 2018 bear market has been gut-wrenching for many investors, with the bitcoin price down 80 percent from its all-time high and most other assets suffering from declines of 90 percent or greater. Prices have fallen so far, and stayed down for so long, that many investors who bought cryptocurrency in early 2017 but remain

Bitcoin Trader on US Sanctions Blacklist Says He's Innocent
Mohammad Ghorbaniyan says he's been wrongfully blacklisted. An Iranian bitcoin trader, Ghorbaniyan was among the wallet holders whose names ...
Bitcoin Price Will Hit New All-Time Highs in 2019: Quoine CEO
Bitcoin price will likely reclaim or surpass its all-time high by the end of 2019, guesstimated Mike Kayamori. The Quoine chief told Bloomberg in an ...
Numerai to Cut Token Supply by 10 Million to Become ‘Decentralized as F*ck’
Numerai, a next-gen hedge fund, plans to decentralize its platform by destroying the keys to the smart contract controlling its token supply.
Argo Blockchain Sees 146% Increase in Crypto Mining Package Sales

A shattered crypto market has not deterred miners from purchasing crypto mining software packages, revealed Argo Blockchain. The U.K.-based Mining-as-a-Service (MaaS) firm noted a 146% jump in its sales between October 1 and December 4 after selling a new batch of packages. It led the company to beat its January 2019 sales targets ahead of...

Market Timing with the Bitcoin Z-Signal
In my quest to provide investors with powerful tools they can use to understand the Bitcoin markets; I am proud to introduce to you the latest addition to ...
Hyperledger Launches Cryptography Toolbox for Blockchain Developers
Hyperledger has launched a new tool for blockchain developers – a modular cryptographic library aimed to reduce work duplication and bugs.
Bitcoin (BTC) Price Analysis: Another Triangle Breakout!
Bitcoin previously consolidated inside a symmetrical triangle to signal a pause from its decline, but this served as a continuation signal. Price already ...
Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement
U.S. Treasury Department Under Secretary Sigal Mandelker called for global efforts to police malicious actors' use of cryptocurrencies.
Bitcoin Holds Steady Around $4000, Cost of Mining Continues to Drop
Following yesterday's market turbulence that sent the cryptocurrency markets down towards their 2018 lows, Bitcoin appears to have established the ...
Overstock’s Medici Invests $2.5 Million in Grain Tech Firm’s Blockchain Pivot
Medici Ventures has bought a $2.5 million equity stake in GrainChain, a software firm launching its own blockchain and stablecoin.
Report: Whales Accumulate Ethereum (ETH) En-Masse Amid Bear Market

Since Bitcoin (BTC) began to falter in recent weeks, with the asset free-falling below $6,000, investors have whipped out their magnifying glasses, doing their utmost to discern what catalyzed the sell-off. Although many pointed fingers at the contentious Bitcoin Cash debacle, the U.S. Securities and Exchange Commission’s renewed crackdown on tokens deemed digital securities, and...

Bitcoin is near to becoming worthless
Just one year has passed since bitcoin enthusiasts forecasted that the cryptocurrency would hit a price of $1m. But that was then. With the price of ...
Bitcoin [BTC] is a better currency and it's a matter of time before the world adopts it, says Tim Draper
Tim Draper was and always is bullish when it comes to Bitcoin and cryptocurrencies as his prediction that Bitcoin will hit $250,000 in 2022 still stands ...
Fidelity, Bitmain and More Invest $27 Million in Crypto Trading Platform ErisX
ErisX has closed a $27.5 million Series B funding round to build a regulated crypto spot and futures market.
‘Temco’ Partners with ‘Art Together’: Co-Development of Blockchain-Based Management Platform for Art

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) Boosts Hundreds of Kids, Thanks to the ‘Walmart’ of Venezuela

As hyperinflation continues to plague Venezuela, citizens are looking to various forms of cryptocurrency for relief. One effort in particular is using Bitcoin to give hundreds of kids in need a boost. After asking for donations on Reddit, a charity called ‘Crypto for Venezuala’ says it reached more than 500 underprivileged children with clothing and […]

Quoine CEO: Bitcoin price will hit new all-time highs in 2019
Mike Kayamori, the CEO of cryptocurrency exchange Quoine, told Bloomberg Markets in an interview that he believes that Bitcoin will reclaim or ...
Bitcoin [BTC] and other cryptocurrencies are on the way to a funeral march, says Nouriel Roubini
Now, Roubini is back in the limelight because of his statement on Bitcoin [BTC] and other cryptocurrencies' state in the market. The biggest and the ...
Breakout Inbound? Bitcoin Price Sets $4000 as Upside Target
The bitcoin price on Tuesday jumped as high as 6.1 percent against the US Dollar but failed to sustain a bullish momentum. The BTC/USD index is ...
Swiss Regulator’s ‘Relaxed’ Fintech License Covers Blockchain Firms
Switzerland's Financial Market Supervisory Authority has introduced a new "relaxed" fintech license that can apply to blockchain and crypto firms.
Bitcoin Will Regain Its Dominance In The Cryptocurrency Markets In 2019
Bitcoin, the “peoples” currency, is expected to regain its market dominance in the cryptocurrency markets by the end of 2019. In terms of market ...
$35 Million: Sequoia, Baidu Back Turing Award Winner’s Blockchain Project
Conflux, a scalable blockchain project with a Turing Award-winning co-founder, has raised $35 million from backers including Sequoia and Baidu.
Signature Bank Wins New York Approval for ‘Real-Time’ Blockchain Payments
Signature Bank is launching a blockchain-based real-time payments system in early 2019 and has just got the green light in New York.
NDAX Lists Stellar Lumen (XLM); Launches Next Generation Trading Platform

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

EOS, Bitcoin Cash Drop Biggest as Top Cryptocurrencies Correct Lower
At the time of this writing, Bitcoin Cash (BCH) has also dropped by 8% on a 24-hour timeline, now trading at $154.38 with a total market capitalization ...
Debunking the Bitcoin Death Spiral Theory
Bitcoin critics always seem to be the loudest during bear markets, which means the most ridiculous negative statements about the digital asset are ...
Adoption: Binance Users Can Book 450,000 Hotels Using Crypto Token BNB

On Tripio, a blockchain-based hotel booking platform, Binance Coin (BNB) users are now able to book 450,000 hotels and residential accommodations using the BNB crypto token. On December 4, Tripio officially announced a strategic partnership with Binance to enable more than 10 million active users in the Binance ecosystem to utilize BNB as one of

Bitcoin's Lightning Network gets exposed to 300+ merchants: Incoming wave of adoption and BTC ...
The Lightning Network has long been called unfinished and not a suitable solution for scaling the Bitcoin blockchain. However, partnerships such as ...
It's Now Easier (And More Profitable) to Mine Bitcoin After Difficulty Drop
As Bitcoin mining hash rate has decreased amid lower prices, the mining difficulty has adjusted by design, making it easier to mine bitcoin.
Future is Brighter Than Ever for Crypto, Says Roger Ver

The outspoken CEO of Bitcoin.com believes that the future of cryptocurrencies like Bitcoin and Bitcoin Cash is bright, despite the current market sentiment, fearing that the budding financial technology has already met its demise. Roger Ver: Based on Fundamentals, Crypto’s Long-Term Future is Bright Roger Ver is a polarizing character in the cryptocurrency industry. Love...

Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm
Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.
Bitcoin: Can The Recovery Last?
The Santa rally is yet to arrive in the crypto markets, with Bitcoin struggling to break above the $4K mark. The price has broken below the major ...
Top Cryptocurrencies See Slight Gains, Bitcoin Hovers Under $4000
4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday's losses, with Bitcoin (BTC) hovering under the $4,000 mark.
Bitcoin Sees Second-Largest Difficulty Decrease Ever Following Price Drop
Bitcoin has just experienced its second-largest mining difficulty decrease in the cryptocurrency's history, according to fresh data. Furthermore, this is ...
CEO of Crypto Firm Quoine Says Bitcoin Will “Surpass” All-Time High by End of 2019
Over the past year, the cryptocurrency industry has bore witness to many claims from “experts” who said that the price of Bitcoin would skyrocket to ...
Bitcoin price analysis: BTC/USD heads for $4000-Nasdaq confirms Bitcoin futures
The devastating declines in November saw Bitcoin lead the market in one of the major crypto carnages this year. BTC/USD broke below the $5,000 ...
Long-dormant whale wallets suddenly move $900m+ of Bitcoin
A quartet of the biggest wallets on the Bitcoin blockchain have been moving around some serious amounts of BTC in the last few hours. Earlier this ...
Expert Opinion: Has Bitcoin entered “Death Spiral?” Dropping prices bring in pessimism on the street
Over past 24 hours, the crypto world is been discussing about the Bitcoin “Death Spiral”, a term which has gained limelight, thanks to an opinion piece ...
Nasdaq & Fidelity Invest in Wall Street Crypto Exchange ErisX

Financial industry giants Nasdaq and Fidelity continue to wade deeper into the nascent cryptocurrency ecosystem, most recently through investments in Wall Street-friendly crypto exchange ErisX. The Chicago-based ErisX announced today that it has secured $27.5 million in funding from a group of investors headlined by Nasdaq Ventures and Fidelity Investments, though the size of these

Bitcoin [BTC] “going to 0” because of death spiral phenomenon allows for the appreciation of ...
Opinion: Bitcoin [BTC] has long been hated by economists, as they believe that it is nothing more than a bubble. Now, in the depths of a rough bear ...
Man Tortured For His Bitcoin: 4 Ways to Protect Your BTC Funds
A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the ...
Beginner Crypto Enthusiasts Shouldn’t Fear – CryptoXchange Makes It Easy

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

GramGold Coin: The Hedging Coin We’ve All Been Waiting For

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. On Oct. 30th, KuCoin announced the listing of GramGold Coin (GGC) trading pairs on their exchange. The extreme volatility in the crypto finance sector has been the worry of

South African man hands thugs $60K in Bitcoin after heinous torturing
It seems cryptocurrency scammers aren't afraid of using more old school tactics in order to extort Bitcoin BTC from their victims. A man from South ...
BTC/USD Price Analysis: Fundamentals Diverge From Price, Positive for Bitcoin Bulls
Fundamentals are extremely bullish and with regulators amending/formulating new laws, it's clear that Bitcoin is here to stay. That could explain the ...
Bitcoin problem can be solved with Bitcoin, says Money Button CEO
Ryan X Charles, the CEO of Money Button and a Bitcoin Cash SV proponent spoke about the concept wherein we don't need to change the Bitcoin ...
'Lone' Bitcoin Investment Trust Below $1 Bln for First Time in 2018
Grayscale's Bitcoin Investment Trust (GBTC) was worth less than $1 billion for the first time this year, Diar reports Dec. 3. Grayscale is purportedly the ...
Bitcoin Trader Drugged, Beaten, & Tortured in South Africa
A Bitcoin trader from Lanseria in South Africa narrowly escaped death after being drugged, beaten, and tortured by suspected kidnappers. Narrating ...
Bitcoin Cash Price Analysis: BCH/USD Could Extend Losses Below $150
Bitcoin cash price faced an increased selling pressure below $175 against the US Dollar. BCH/USD could even break the $150 support level and ...
Bitcoin Mining Difficulty Sharply Drops as Hash Rate Continues to Fall
The past few months have seen significant drops in Bitcoin's hash rate since peak in August. Undoubtedly a result of imploding prices forcing less ...
Binance Coin Price (BNB) Rallies 20% on Crypto Adoption Push

The Binance Coin token (BNB), which currently entitles users to a 25% discount on exchange fees, has seen some serious trading activity over the past 24 hours, running it up by about 20% to over $6.00 before a slight pullback to $5.85. There are a number of factors that could be at play. Increased trading

Bitcoin Price Crucially Recovers From $3700, Can $4000 Hold in Short-Term?
Over the past 12 hours, the Bitcoin price has recovered from $3,700 to $4,000 on major fiat-to-crypto exchanges like Coinbase and Bitstamp.
Confirmed: Nasdaq's Bitcoin Futures Will Launch in 'First Half' of 2019
The world's second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019, U.K. daily tabloid the ...
Coinbase’s Former Fraud Lead Has Left to Join Tech Firm Twilio
One of Coinbase's longest-servicing employees, risk operations manager Rees Atlas, has left the Silicon Valley cryptocurrency exchange for Twilio.
Bitcoin trades higher, but struggles to regain $4000
After falling as much as 8% on Monday, bitcoin, BTCUSD, +2.38% the best-known cryptocurrency, was last changing hands at $3,954.90, up 2.2% ...
Bitcoin comment: Drama ahead as BTC faces a crypto crossroads
November's volatility looked to have settled over the weekend as support began to shore up a price seemingly destined to become bitcoin's new ...
Bitcoin Reclaims $4000 as Expert Claims It Will Surpass $20000 by End of 2019
Bitcoin has fought to trade above $4,000 in December and for the most part, it has succeeded. However, the very crucial support level was breached ...
MinexPay Announce Web Wallet Public Test for MinexPay Crypto Cards

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 Miner Makes Bold Statement About 'Bright' Future After Market Rout
Bitcoin miner Argo Blockchain, a UK-listed company, has today sought to soothe shareholder unrest following a steep decline over the last month in ...
Paris Protests See Support for Bitcoin Against Unchecked Money Printing
The Paris protests have a lot more to do with Bitcoin than you think. Why? Because the root cause is not tax hikes, but unchecked money printing that ...
Waves Price Surges 50% While Broader Crypto Market Stagnates

Waves, a token platform with the web developer generation in mind, has seen its base token rise nearly 50 percent over the last 24 hours amid a generally-stagnant crypto market, making analysts scratch their heads – what could be driving this? Aside from the normal hustle and flow of cryptocurrencies gaining wider adoption, we think

Singapore Government Agency Backs New Blockchain Accelerator
Enterprise Singapore, a government agency set up to develop the startup ecosystem, is supporting a new blockchain accelerator program.
Bitcoin (BTC) Falls Under $3900, Crypto Exchange CEO Unfazed
This recent bout of selling pressure, catalyzing a growing sense of uncertainty, sent Bitcoin (BTC) freefalling under $4,000, a move that came after ...
Bitcoin Price Watch: BTC/USD Facing Major Resistance Near $4150
Bitcoin price declined towards the $3,750 level against the US Dollar. BTC/USD is recovering, but it could find a strong resistance near $4,080 or ...
Bitcoin mining rigs on fire sale as cryptocurrencies crash
The continued meltdown in the global cryptocurrency market has forced bitcoin mining hardware suppliers to sell off their machines at fire-sale prices.
Crypto Exchange Poloniex Launches Institutional Trading Services
Poloniex announced it was opening institutional trading accounts as of Tuesday.
Bitcoin [BTC] transactions worth $364 million seen since the start of December 2018
On December 3, 2018, 19:08 UTC a total of 66,233.7478957 BTC was transferred into 101 wallets and the total transactions are worth a whopping ...
29% of Freelancers Wish to be Paid in Crypto: Are Legacy Systems Inefficient?

According to a survey conducted by Humans.net, a job recruitment platform, 29 percent of freelancers would rather get paid in crypto over legacy systems and banks. The survey, which covered 1,100 U.S.-based freelancers, disclosed that 18 percent of the respondents would like to receive all of their payments in crypto while 11 percent would prefer

Bitcoin (BTC) Losses in November Worst in 7 Years
Part of the influx of investment was driven by Bitcoin Cash, as buyers ... Instead of providing a resurgence to market prices, the forking of Bitcoin Cash ...
Alleged Holocaust denier tied to bitcoin donation supporting Florida Republican Matt Gaetz
Matt Gaetz controversially invited to a January 2018 State of the Union address, is the likely source of a dark money bitcoin contribution to a pro-Gaetz ...
Bitcoin will live — but it isn't done bleeding
The pain isn't over, experts say, predicting bitcoin may sink another 75 percent — though they defend the pioneering token's long-term viability.
Closing on $4k: Bitcoin Price Recovers From One-Week Lows
A quick recovery from one-week lows seen today may have helped bitcoin avert a bigger sell-off, but the bulls are not out of the woods yet.
Bitcoin Miner Reports Surge of 146% in Sales amidst Market Crash & Rigs Shutting Down
A crypto winter is in full effect as Bitcoin price slids down below $4,000 and even breaking $3,500 support at one point. Bitcoin price has been ...
'Bitcoin very close to finding its bottom', says crypto analyst
Naeem Alsam, Chief market analyst at ThinkMarkets, Columnist at Forbes, and crypto enthusiast, said that the feeling of panic which is spreading ...
Bitcoin (BTC): Is Mining Death Spiral a Reality?
A MarketWatch opinion piece published on Monday rekindled fears about a scenario where Bitcoin (BTC) crashes to zero due to miners throwing in ...
A Faster Bitcoin? Conflux Raises $35 Million from Chinese Web Giants for New Blockchain Protocol
A big knock on Bitcoin is that its underlying technology is too slow to be a useful real world ledger. And while developers are tinkering with a variety of ...
Bitcoin Price Breaks Two-Day Slide; Mining Difficulty Plummets
Bitcoin's price bounced back on Tuesday, regaining a crucial support level following a two-day slide that was driven by technical repositioning.
Max Keiser Brushes Off Crypto Bear Market, Says Bitcoin (BTC) Will Gobble Up All Fiat

Max Keiser, Wall Street vet and host of Keiser Report, is not fazed by the Bitcoin and cryptocurrency bear market. In a new interview with Bitcoinist, Keiser predicts Bitcoin (BTC) will rise to over $100,000. “The Bitcoin price got way ahead of itself and we saw a typical pullback. Since I first started buying BTC […]

Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom
Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the ...
Bitcoin recovery fizzles as price drops well below $4000 again
After it seemed that Bitcoin was about to experience a recovery rally subsequent to recent large drops, today it dropped well below the $4,000 level ...

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