5 December 2018

On This Day

Bitcoin price

Closing price: $3722.3917 Powered by Coindesk

Headlines

Bitcoin Bear Market Forces Ethereum Cofounder To Make Changes
The fall in the price of bitcoin, ethereum, and Ripple's XRP (as well as the wider cryptocurrency market) over the last month is beginning to cause ...
Crypto Downturn Claims Another Victim: Ethereum Classic Dev. Team ETCDEV Shuts Down

The crypto industry has the urge to purge amid the prolonged bear market. The latest victim is ETCDEV, a major Ethereum Classic development team that launched in 2016. Igor Artamonov, the founder and chief technology officer of ETCDEV, announced that the group is shutting down due to lack of funds. “As is publicly known, we have

Bitcoin appears to be consolidating a bit below the $4000 level
After a brief recovery from one week lows, bitcoin appears to be consolidating slightly below $4,000. Although it did manage to climb back over $4,000 ...
1 State and 1 County Now Accept Bitcoin. Will Others Follow?
Ohio last week became the first state where businesses can pay their taxes in bitcoin. Seminole County, Fla., began accepting bitcoin for some ...
Lubin Won’t Rule Out Layoffs Amid ‘Refocusing’ at ConsenSys
A strategic shift is in the works at ConsenSys, the sprawling venture studio dedicated to building ethereum-based businesses and products.
Bitcoin Price Top Predictions: Bulls must retake this level in order to be salvaged from the lows ...
Bitcoin and other cryptocurrencies are drifting listlessly and as we have learned from the recent past, this can a calm before the storm. The previous ...
Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales
That's the takeaway from a report out Wednesday from the Aion Foundation, which raised $23 million worth of bitcoin and ether through a token sale in ...
Thought you got burned by bitcoin in 2018? Just wait till next year
Bitcoin is caught in a strong selling trend — its most pronounced since the sell-off it underwent midyear, when the price tumbled from about $9,300 in ...
Roger Ver Unfazed By Bitcoin Crash, Maintains Crypto Has Value
Roger Ver, CEO of Bitcoin.com and the de-facto face of the Bitcoin Cash (ABC) project, recently met with Bloomberg in an exclusive video. Ver, known ...
Bitcoin Cash Price Analysis: BCH/USD Crashes Below $150
Bitcoin cash price extended losses below $150 against the US Dollar. BCH/USD may continue to move down and it could even test the $125 level.
Bitcoin Price Analysis – BTC Breaks Back Below $4000, Speculators Still Searching For Bottom?
Bitcoin has seen another price decline totalling -3.23% over the past 24 hours of trading as price action dips back below the $4000 handle once again, ...
Bitcoin, Ripple, Ethereum, Stellar, Bitcoin Cash, EOS, Litecoin, Cardano, TRON, Monero: Price ...
Mike Kayamori, CEO of Quoine, expects Bitcoin to make new lifetime highs by the end of next year, and believes that the bottom is close to current ...
Bitcoin Cash [BCH] plunges 20% over the week; Bitcoin SV [BSV] registers healthier market
The cryptocurrency market seems to be in a tug of war between the bull and the bear. In this game of strength, Bitcoin ABC, or now called as Bitcoin ...
Singapore Residents Targeted in Crypto Scams, $78,000 Lost Between September and November

Members of the Singapore public have been targeted by the online advertisements of scammers posing as crypto brokerage services. The victims have been duped out of around $78,000 between September and November of 2018. Familiar Scam Plagues Singapore Residents According to a report in domestic news source The Straits Times, Singapore authorities have been made...

Bitcoin (BTC), EUR/USD Poised For A Breakout As IH&S Nears Completion
Bitcoin (BTC) is about to complete a massive inverse head and shoulders pattern. This means that the price is expected to breakout as early as next ...
Nasdaq VP Confirms Bitcoin Futures in H1 2019, Analysts Call it a Game Changer
Nasdaq Vice President Joseph Christinat has confirmed that the exchange will launch Bitcoin Futures in the first half of 2019, pending regulatory ...
Bitcoin falls amid signs its price could halve again in 2019
Bitcoin is turning negative again. And the technicals aren't looking too good either going into 2019. The largest cryptocurrency slumped as much as ...
Why bitcoin — by design — won't become worthless, according to this crypto heavyweight
As bitcoin flounders to its lowest level in 14 months, concerns over mining profitability have some wondering if the best-known cryptocurrency is ...
'Market Cap is a Lie' – Bitcoin Buy Support Dwarfs Ethereum, Altcoins
Bitcoin buy support is a superior metric to coin market capitalization for measuring the future of Bitcoin and altcoins, according to a new monitoring ...
Bitcoin Drops Nearly 5%, Approaches 2018 Lows Amidst Market Sell-Off
After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its ...
Bitcoin Falls as Technical Indicators Point to More Pain in 2019
Bitcoin is caught in a strong selling trend -- its most pronounced since the sell-off it underwent mid-year, when the price tumbled from about $9,300 in ...
World’s Largest Financial Institutions are Still Placing Big Bets on Crypto

Sequoia, Baidu, Nasdaq, and Fidelity are amongst some of the largest VCs, technology conglomerates, and financial institutions to make big bets on crypto in the past week. Despite the bear market which has led major cryptocurrencies to lose about 80 to 90 percent in value on average, both digital asset-related businesses and blockchain protocols are

Indian State to Boost Local Blockchain Ecosystem With Mentorships, Events
The Indian state of Andhra Pradesh plans to support blockchain startups in the state in partnership with Eleven01.
Roger Ver Remains Positive on his Cryptocurrency Outlook

The market is still in the red and it seems it would be staying that way for a while. With the latest “fall” in the crypto market, skeptics have been speculating on whether Bitcoin and its compatriots could mount a quick comeback and shake off this bearish run. However, in the midst of all this skepticism,

7 Major EU Countries to Go Big on Blockchain: What It Means for Crypto

On December 4, seven EU countries led by Malta and France have established a group called the “Mediterranean seven” to encourage and promote the usage of blockchain technology. In the months to come, the seven countries that include France, Italy, Spain, Malta, Cyprus, Portugal and Spain, will work to implement the blockchain in education, transport,

Institutions Still Bullish On Crypto: Grayscale Owns 1% of All Bitcoin

As Bitcoin continues its chaotic price action, ceaselessly falling and ascending through key levels, some paranoid traders have feared that institutional investors have been alienated from the crypto market. Yet, reports indicate that Grayscale’s growing war chest has continued to swell, while institutional players continue to express interest in crypto assets. This, of course, makes...

New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply
Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows.
Coinbase Adds Zcash to Retail Crypto Trading Service
Coinbase is adding support for privacy-focused zcash, a week after its professional trading platform first added the coin.
Bitcoin BTC/USD testing critical levels again
Bitcoin price is firmly on the back foot, danger is very much at larger with the current downside momentum, testing yearly lows. The $3800 down to ...
Bitcoin (BTC) Price Analysis: One More Triangle Bottom
Bitcoin made a triangle breakdown earlier on but seems to be finding some support at a larger triangle bottom. Price bounced off the $3,800 area but ...
R3’s New Corda App Supports Payments in XRP Cryptocurrency
R3 has launched the Corda Settler, an app aimed to facilitate global crypto payments within enterprise blockchains – and it's starting with XRP.
7 Southern EU Nations Unite to Take Lead on Blockchain Adoption
Seven EU member nations have come together to promote the use of blockchain tech to boost government services and economic well-being.
Bitcoin May Not Have Found Its Bottom Yet
Simply, if bitcoin goes much below the lows of November I could easily get my $2,500 target. Then it will be a case of whether there will be a final ...
Bitcoin scammers steal identity of television host in New Zealand
A television host in New Zealand has denounced Bitcoin BTC scammers for impersonating him to fraudulently market a dodgy cryptocurrency ...
Vertcoin Hit by 51% Attack, Allegedly Lost $100,000 in Double Spending

A bitcoin-replica launched with an aim to discourage miners from forming pools and gain a monopoly over its network has been compromised. Mark Nesbitt, a security expert, revealed that the blockchain of Vertcoin, a peer-to-peer PoW cryptocurrency, is under a 51% attack. The Coinbase engineer found that some anonymous cybercriminals rented a large amount of ASIC

Bitcoin nears one-week low, but optimistic analyst sees an entry point
Bitcoin prices, moving lower Wednesday, have backed away from a key line at $4,000, nearing a one-week low. The price of a single bitcoin, BTCUSD ...
First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018

Ten years ago, consumer electronics manufacturer HTC made history when it released the HTC Dream, the first commercial device to utilize the Android operating system. A few months later, another monumental event took place, when Bitcoin creator Satoshi Nakamoto mined the BTC Genesis Block, birthing what Phil Chen — HTC’s “chief decentralized officer” — coined

Bitcoin [BTC] proponent elucidates on the difficulty of mining Bitcoin
Andreas Antonopoulos, the author of Mastering Bitcoin and a well-known Bitcoin proponent, spoke about the difficulty of Bitcoin mining and why each ...
Bettium Going Live on BTCEXA Exchange

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

OKEx Launches a 'Timeless' Bitcoin Derivatives Product
On Monday, Malta-based Crypto Exchange, OKEx, launched a product which it says, 'perfects' its derivatives product suite. The 'Perpetual Swap' is a ...
The Top 10 Risks Of Bitcoin Investing (And How To Avoid Them)
Bitcoin is by far the most successful currency today, but with any new frontier, there are bound to be some obstacles. Despite bitcoin's recent popularity ...
Best Bitcoin Brokers
Bitcoin — the world's largest and most popular cryptocurrency — has surely made a name for itself as a desirable asset to trade. Reaching an all-time ...
EOS Gambling dApp Receives Gaming License in Curaçao

EOS Gambling dApp EOSBet has announced that Curacao’s online gambling industry regulator Curaçao eGaming has granted it a gaming license. In an announcement posted on its official blog, EOSBet revealed that the accreditation will enable it to offer all existing forms of interactive online gambling under the regulator’s Master Gambling License issued by Curaçao’s Ministry

Bitcoin Cash [BTC] proponent advocates building economies with cryptocurrencies as actual ...
Roger Ver, the CEO of Bitcoin.com more commonly known as the Bitcoin Jesus and a massive supporter of Bitcoin and Bitcoin cash spoke about ...
Blockchain ‘Radically Simplifies’ KYC, Say UAE Trial Participants
An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.
Ripple: R3 Corda’s New Settlement Layer Now Supports XRP

R3, the distributed ledger development company which introduced its first enterprise/open source product, Corda, in 2016, has released a new element of that software suite. A “universal settler” called Corda Settler, a “Cordapp” or Corda application, that aims to allow all the things that modern businesses may require of a blockchain product. It could eventually

Bitcoin [BTC] Jesus says Japan comes first in global cryptocurrency adoption
Roger Ver aka the Bitcoin Jesus, spoke about the Bitcoin/cryptocurrency market crash and said that waiting for the bottom and not knowing the bottom ...
Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High

Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red.

Bitcoin to Dramatically Increase Crypto Market Dominance in 2019: Report

Although Bitcoin has seen wild fluctuations in crypto market dominance over the past year, it will regain a stronghold in 2019, according to a new report. Consulting firm A.T. Kearney says, “By the end of 2019, Bitcoin will reclaim nearly two-thirds of the crypto-market capitalization as altcoins lose their luster because of growing risk aversion among […]

Crypto Market Rebounds But No Major Recovery in Sight: Factors and Trends
Throughout the past 24 hours, the crypto market has slightly rebounded by around $3 billion, from $123 billion to $125 billion. Bitcoin (BTC) has ...
Bitcoin Price Watch: BTC/USD Remains In Downtrend Below $4020
Bitcoin price is still in a bearish zone below $4,020 against the US Dollar. BTC/USD could accelerate losses once there is a break below the $3,740 ...
Bitcoin Price On Track for Biggest Yearly Loss on Record
Bitcoin's recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss.
Ripple, NEM and others Launch EU Blockchain Association

Ripple and three other blockchain based companies have formed a lobbying association that would represent their interest in Europe, according to their press release. Dubbed ‘Blockchain for Europe,’ the lobbying group would aim to create a credible and unified voice for the industry in Europe. The members of the new blockchain lobbying group are Ripple,

Binance Coin (BNB) Grows 8.5% after Decentralized Exchange Demo Video Release

Binance Coin on Wednesday surged as high as 8.5 percent against the US Dollar after the company released a demo video of its decentralized exchange. The BNB/USD is now trading at 6.33-fiat, down 1.89% from its intraday high at 6.45-fiat. The pair is moving inside a rising wedge channel, a price wave reversal pattern. As

Bitcoin [BTC] versus medical Marijuana, compares Israel's former prime minister
At an event called Most Promising Startups held in Tel Aviv last Sunday, Ehud Barak, a former prime minister of Israel, shared his views on Bitcoin and ...
Bitcoin Price Looking to Retest Yearly Low at $3455 as Bears Gain Foothold
The bitcoin price on Wednesday plunged as much as 4.3 percent as the market continued to erase gains made during the weekend trading session.
Bitcoin 'Nuclear Winter' Doesn't Scare Billionaire Crypto Bull Jim Breyer
Market leader Bitcoin recently fell to a 13-month low, with the total crypto market currently only worth $140 billion — a fifth of its worth as at January ...
Quoine CEO, Mike Kayamori Expects Bitcoin Price To Reach New Highs In 2019
Mike Kayamori, Quoine CEO discusses Bitcoin price bottom, changes, and new all-time high in an interview with Bloomberg Markets: Asia. “By the end ...
The Race Is On to Replace Ethereum’s Most Centralized Layer
Ethereum developers are working on numerous approaches to replacing or enhancing a popular tool for connecting to the network.
MIT: Crypto Pump-and-Dumps See $7 Million in Volume Every Day

According to the Massachusetts Institute of Technology (MIT) Technology Review, two researchers at the prestigious Imperial College London have utilized artificial intelligence (AI) and machine learning to analyze hundreds of crypto pump-and-dump schemes to figure out a way to spot them before they occur. Since the 2017 bull market of cryptocurrencies, pump-and-dump schemes in the

State #29: Robinhood Brings Zero-Fee Crypto Trading to Illinois

Residents of the 6th most populous U.S. state, Illinois, can now access the cryptocurrency trading services of Robinhood. In a tweeted statement, the trading app disclosed that Robinhood Crypto was now available in the prairie state, making it the 29th state in the U.S. to get the commission-free round-the-clock trading service. Trade winds are blowing

Binance Releases Demo of Planned Decentralized Crypto Exchange
Binance has released a second video demo of its advancing decentralized crypto exchange, Binance DEX.
Bitcoin Price Will Likely Fall to $1500: Bloomberg Analyst
On the back of a grueling quarter, the bitcoin price could still see tougher times ahead. One analyst over at Bloomberg sees the flagship ...
BTC/USD Price Analysis: BTC/USD Bottoming Up, Price Find Support At $3700
It is now official: NASDAQ, the world's second largest stock exchange will launch their Bitcoin Futures version by Q1 2019. This comes after days ...
Bitcoin to Regain its Market Share in 2019
In 2019, Bitcoin will regain ground in terms of market share and capitalization as traders will flee risky altcoins and seek haven in a time-proven coin.
A Top-5 US Hospital Is Exploring Blockchain for Patient Data
Massachusetts General, a top-five U.S. hospital, is partnering with a blockchain startup to find better ways to store and share patient data.

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