14 December 2018

On This Day

Bitcoin price

Closing price: $3223.7633 Powered by Coindesk

Headlines

Death of Bitcoin & Crypto Market “Greatly Exaggerated”: Global Crypto-asset Benchmarking Study
Having crashed about 82 percent from its peak, Bitcoin has been proclaimed a bubble and dead. However, the latest report, 2nd Global Crypto-Asset ...
Bitcoin review: Status.IM in battle mode, LinkedIn bets on blockchain
To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we here at New York Business Journal compile a ...
Bitcoin will SOAR: Market is WRONG about cryptocurrency - Thomas Lee predicts RISE
Bitcoin has endured an uncomfortable conclusion to 2018. BTC lost 5.4 percent on Thursday, December 13, and slumped almost 4 percent from the ...
Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard
14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows.
XYO Network Partners With Esri For Blockchain Enabled Geographic Information System

XYO Network, a blockchain-based geographic information system (GIS) with an Ethereum token and its own blockchain network, announced today a partnership with Esri, one of the world’s oldest and largest GIS systems and mapmakers, a company founded in 1969. The partnership came about when XYO hired a former Esri employee and the partnership became an

To The Moon! Bitcoin Space Travel Gets Closer As Virgin Galactic Takes Flight
Billionaire Richard Branson appeared to cry tears of joy when his 'Bitcoin-friendly' Virgin Galactic reached the edge of space for the first time ...
Allianz Asks to Ban Crypto After Calling Bitcoin a 'Buy' Under $5K
Allianz CEO has called on global regulators to outlaw cryptocurrency, contradicting the company's chief financial advisor, who said Bitcoin would be a ...
Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3000
Bitcoin price declined below the $3,200 support recently against the US Dollar. BTC could continue to face a lot of selling interest near the $3,350 and ...
The Best Time to Buy Bitcoin is Now - Weiss Rating
Bitcoin is grossly oversold and ridiculously cheap, and thus offers an incredible investment opportunity, according to Weiss Rating, a provider of ...
Bitcoin Price Drops to New Yearly Low at $3200: What's Causing the Decline?
On December 14, following a fairly large sell-off from the $3,400 region, the Bitcoin price dropped to a new yearly low at $3,200. As Bitcoin (BTC) ...
Bomb threat emails demand bitcoins sent to Salem, McMinnville, US cities
Multiple businesses in Salem and McMinnville — including a school — received threatening emails about an explosive device Thursday morning ...
Bitcoin (BTC) Extortionists Hit US, Canada With Bomb Threats
According to messages distributed to media outlets, the group(s) sending these threats, issued through the medium of email, are looking for Bitcoin ...
Bitcoin Wasn't a Bubble Until It Was
It was around the peak of bitcoin's value a year ago at just below $20,000 that this obnoxious question entered the Urban Dictionary: How long would ...
Market Analyst Tom Lee Says 'Fair' Price of Bitcoin is Over $13K
Fundstrat Global Advisors Head of Research, Tom Lee, holds that the current price of Bitcoin is wrong based on a range of factors. The BTC permabull ...
Op Ed: Bitcoin Is a Declaration of Our Monetary Independence
Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world's first live ...
The Bitcoin Price Selloff Continues As Institutional Investors Balk
It's been about a year since the bitcoin price peaked at around $19,500, and the cryptocurrency has shifted lower and lower ever since. Some are now ...
Reports Of Bitcoin's Demise Have Been 'Greatly Exaggerated'
Bitcoin and the wider cryptocurrency market have had a terrible end to a trying year, with the bitcoin price sinking almost 50% since early November ...
Bitcoin price PLUMMET: Bitcoin falls to NEW LOW - Why is bitcoin falling? Will it rise?
Bitcoin slumped to a new yearly low of £2,556 ($3,218) on December 14, following a significant sell-off. The flagship cryptocurrency briefly showed ...
Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”
One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire ...
SeedCX Exchange Is Barring Employees from Crypto Trading
Seed CX has one of the crypto industry’s strictest policies on employee trading. In a word: Don’t.
Abra is giving away $25 of Bitcoin this Christmas – but there's a catch
Cryptocurrency exchange and wallet provider Abra is trying to add a little holiday cheer to the current bear market bear market by giving away Bitcoin.
Bitcoin Sinks Nearer to $3000 Level as December Losses Mount
Bitcoin headed for another weekly slump on Friday, with the largest cryptocurrency heading closer to $3,000 -- a level unseen since September last ...
Bitcoin ransoms just are not what they used to be
Give me Bitcoin or your life. Seriously? The people behind a rash of bomb threats made across the United States and Canada on Thursday demanded ...
VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto

Following recent comments by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed, VanEck Head of Digital Assets Gabor Gurbacs has stated that the insurance industry is in greater need or comprehensive regulation than cryptocurrency. In a now-deleted post on his Twitter account, Gurbacs made the point that the behaviour of insurance companies toward investors and customers

Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire
The bitcoin price will rocket over the next three years, and cryptocurrency valuations will spike accordingly, says Jeremy Allaire, the co-founder and ...
Newsflash: Bitcoin Price Slinks Below $3175 for First Time in 2018
In what is becoming a disturbingly common occurrence, the bitcoin price on Friday set yet another fresh yearly low, slinking below the $3,200 mark for ...
The bitcoin price is wrong
In 2017's winter months, crypto-shills were everywhere. On television, at the gym, driving your Uber, at your mother's book club, and strewn across the ...
Scammers Sent Hoax Bomb Threats Worldwide Demanding Bitcoin
Ransomware that demands cryptocurrency payments in exchange for releasing infected computers is an old phenomenon. Now that practice has a ...
Bitcoin Sinks Below $3200 as Teenage Bitcoin Millionaire Says Its Dead
It's yet another dark day for Bitcoin. In fact, it's the darkest one this year. The currency has once again set a new low for the year. At press time, the ...
Bomb threats demanding Bitcoin reported across region, nation
The bomb threats arrived via email and demanded $20,000 in Bitcoin, an electronic currency, or else an explosive would be detonated, according to a ...
Bitcoin Set for Longest Weekly Losing Streak Since 2011: Chart
The original cryptocurrency looks set to drop a seventh week, its longest losing streak since 2011. After trading near $20,000 last December, Bitcoin ...
While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions

Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling crypto

Bitcoin Sets Fresh 2018 Low at $3200, Altcoins Plunge
Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Today's ...
Is ABC's end game plan to help China sideline Bitcoin?
Much has been said about the recent Bitcoin Cash (BCH) hash war, and its conclusion—with the ABC camp declaring premature victory thanks to an ...
Sheriff's office: No active threat to public as nationwide Bitcoin extortion scheme hits Missoula
Missoula city offices, including animal control, reported receiving bomb threats by email Thursday, believed to be part of a nationwide extortion ...
Coinbase Revamps PayPal Withdrawals for US Crypto Users
Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts.
Violent Delights Lead to Violent Ends: Rebuilding After the Crypto Crash
While emerging assets are always turbulent, 2018 has been an especially violent year for the crypto markets. Lessons need to be learned.
US Government Tells Bitcoin Bomb Scam Victims to Inform FBI, Not Pay Ransom Money
A suspected scam which threatens to blow up buildings unless recipients pay a Bitcoin (BTC) ransom caught the attention of the United States' ...
Bitcoin [BTC/USD] Technical Analysis: Bull to remain silent as market deals more damage
Bitcoin [BTC] has taken down its altcoin mates on the chart with it as the bear market hit a few weeks back. At present, as the crypto-board is colored in ...
Bitcoin's Fair Market Price is $14800, Says Cryptocurrency Bull Tom Lee
Cryptocurrency bull Tom Lee says bitcoin's dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800.
Ripple (XRP) Price Could Breakout versus Bitcoin (BTC)
Ripple price found support near the 0.000085BTC level against bitcoin. XRP seems to be now setting up for a bullish break above 0.000092BTC ...
EU Parliament Calls for Action on Blockchain Adoption in Trade
The European Parliament has called for measures that would prepare the region to use blockchain to benefit trade.
Bitcoin [BTC] addresses blacklisting doesn't really matter that much, says Litecoin Creator
Recently, reports emerged that the OFAC blacklisted two Bitcoin addresses as they were linked to cyber crime. The owners of the addresses are ...
Cameroon Separatists Create Cryptocurrency Called AmbaCoin

A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as the official currency of the “Federal Republic of Ambazonia,” the currently unrecognised country that separatists are pushing to actualise. QZ Africa reports

Satoshi Nakamoto is Bitcoin's greatest asset and its biggest liability
If the Bitcoin Cash debacle taught us one thing, it's that having decentralized leadership is messy. The hard fork, which in essence, was a war of words ...
How to Explain Bitcoin to Anyone
Complete the following sentence: “Bitcoin is like ____.” Defining Bitcoin isn't easy; hell, even bitcoiners can't agree on what the cryptocurrency is ...
AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History

Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social

SEC’s Crypto Czar Signals Some Flexibility on Token Offerings
No-action letters may be a way forward for crypto startups hoping to avoid securities classifications.
Bitcoin Falls Below $3200 To Reach Lowest Level In Months
Bitcoin fell to its lowest price in 15 months on Friday (Dec. 14), and analysts are predicting that further declines could be in store for the popular ...
Bitcoin (BTC) Revisits YTD Low At $3220, Crypto Fails To Breakout
After holding in the $3,350 to $3,500 for a matter of days, Bitcoin (BTC) faltered on Thursday, tumbling below $3,300 to find itself at its year-to-date low ...
Bitcoin bandit extradited to California to face hacking charges
Bitcoin bandit Nicholas Truglia was extradited Thursday to California to face charges he hacked into the phones of Silicon Valley bigwigs to try to steal ...
eToro Launches #WelcomeToTheClub Premier League UK Campaign

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 Price Defies Oversold Conditions to Hit 15-Month Low
Bitcoin tumbled to 15-month lows earlier today, dashing hopes of a rally signaled by current extreme oversold conditions.
Blockchain Developer Role Tops LinkedIn’s 2018 Emerging Jobs List
The role of blockchain developer has leaped straight to the top of LinkedIn's list of emerging jobs for 2018.
Bitcoin peaked a year ago: Here's a look at 12 months of misery
Monday, Dec. 17, will mark one year since the price of bitcoin — the best-known cryptocurrency — hit an all-time high just shy of $20,000. For bulls ...
Bomb threat hoaxers on hunt for Bitcoin
Bomb threat hoaxers on hunt for Bitcoin ... the only way to stop him from setting it off was by making an online payment of $20,000 (£15,800) in Bitcoin.
Bitcoin slumps to $3200 and is set for back-to-back losing weeks
Bitcoin slid to a nearly 15-month low, putting the world's largest digital currency on track for consecutive losing weeks. After hitting an intraday low at ...
Bahrain Central Bank Publishes Draft Cryptocurrency Regulations

The central bank of Bahrain has kicked off a consultative process on cryptocurrency platforms in the kingdom by publishing the relevant draft regulations. According to the Bahrain News Agency, the draft rules — which target the operations of crypto-asset platforms — aim to provide a regulatory framework for the supervision and licensing of these services.

Ethereum Chat Startup Status Lays Off 25% of Staff
Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.
Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform

Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA’s ever-developing distributed ledger technology (DLT) platform. The loan, valued at €150 million (the equivalent of nearly $170 million USD) is, says a press release from BBVA: “The first acquisition term loan ever arranged through blockchain technology.” Acquisition term loans

Bitcoin is plunging, but at least you can write your losses off your taxes
The major cryptocurrencies, including bitcoin, bitcoin cash, litecoin and ethereum, have crashed to lows not seen in two years. Bitcoin slid below ...
Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt

Bakkt CEO, Kelly Loeffler, and the Intercontinental Exchange chairman, Jeff Sprecher, recently spoke to MIT Media Lab’s Michael Casey at CoinDesk’s Consensus: Invest Conference. The chat was broadcast via the “Inside the ICE House” podcast earlier today. The two CEO’s talked in depth about their plans for the much-anticipated Bakkt platform, including what makes it...

Crypto-Friendly Money App Revolut Wins EU Banking License
Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.
Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers
Indeed, at that point, the two most prominent cryptocurrency hard forks — Ethereum Classic and Bitcoin Cash — had each proven to be a boon to ...
Bitcoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Litecoin, Bitcoin SV, TRON, Cardano: Price ...
One of the most popular Bitcoin advocates and a co-founder of Fundstrat Global Advisors, Thomas Lee, believes that the fair value of Bitcoin is ...
Binance Adds USDC Trading Pairs – Stellar and Ripple Represented

Binance announced Friday that it would be adding a few new USD Coin pairs and moving its two existing USDC pairs into the combined stablecoin market called USD?. Both ripple (XRP) and stellar (XLM) will have USD Coin pairs, in addition to their existing stablecoin pairs. The move involves the cancelling of any trades that

Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities

In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin offering (ICO) projects the firm has invested in could be considered as securities under U.S. regulations. Morehead wrote: “While we believe the vast majority of the projects in our portfolio should not be affected, approximately

(+) Ripple Update: Bulls Poised to End Bear Market
This Binance Labs-Backed Crypto Startup Wants to Anonymize Everything
Built atop a near-forgotten anonymity system named mix networks, Nym Technologies is entering the proof-of-concept phase following a 10-week incubation program with Binance Labs.
US Government Issues Advice Over Bitcoin Bomb Threat Emails
The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.
Sephora Shoppers Are Getting Their First Bitcoin Using Crypto Startup Lolli
This holiday shopping season, hundreds of women are earning their first bitcoin by buying items online with an in-browser app called Lolli. Revealed ...
BitMart Launches International Blockchain Incubation Platform BitMart Labs

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 Back at 2018 Low, Price Halved in a Month

A few hours ago Bitcoin revisited its lowest level in 2018. After a week of down trending and failure to break key resistance levels this latest plunge comes as no surprise. Bitcoin Revisits 2018 Low With a 5% slide Bitcoin dumped from $3,450 down to $3,284 during intraday trading. This repeats the yearly low it...

Bitcoin is pretty much dead, says teenage crypto phenom
Erik Finman, who became a teenage bitcoin millionaire during the crazy run to $20,000, has warned bitcoin maximalists — believers in the world's ...
Bitcoin scammers are sending bomb threat emails to millions around the world, but authorities are ...
On Thursday, numerous reports emerged of people receiving extortion emails demanding recipients send $20,000 in Bitcoin to a particular Bitcoin ...
Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products

Robinhood, the crypto-friendly stock trading application, recently launched a plan to offer checking and savings accounts. The accounts have a minimum 3% interest. It is part of their plan to become the world’s most used financial technology application. Co-CEO Baiju Bhatt said to CNBC at the time of the announcement: “If we roll this product

Bitcoin to Be Worth 'Great Deal More' in Three Years, Circle Co-Founder Says
14, that Bitcoin (BTC) will be worth “a great deal more” than it is now. When asked about the Bitcoin price in three years, Allaire told Squawk Box host ...
Nationwide Bomb Threats Look Like a New Spin on an Old Bitcoin Scam
“This new bitcoin extortion scam is something else. We've been tracking the sextortion bitcoin scam, but this is the first time we've seen bomb threats ...
CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality

Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money. However, the very technology powering crypto...

Bitcoin Price Losses 47% Value in a Month, “Stay Away from Longs” says Trader
Bitcoin has dropped again and trading around $3,300, having lost over 47 percent of its value in just a month. Experts say this crash is healthy for the ...
Bitcoin Price Analysis: BTC Could Side To $3120 or $3020
Bitcoin price remained in a downtrend below $3,390 and declined below $3,300 against the US Dollar. BTC/USD could accelerate losses towards ...
CEO: Crypto Plunge is Healthy, Bitcoin Remains a Great Investment

Since the bear market hit the crypto ecosystem head-on, investors exposed to this helter-skelter asset class have been deterred at large. Not only have the value of cryptocurrencies, such as Bitcoin (BTC), declined drastically, but hype and interest surrounding this market have largely been exhausted. Nevertheless, there remain many libertarian-leaning zealots that will hold on to...

Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 14/12/18
Bitcoin Cash ABC slumped by 9.91% on Thursday, reversing Wednesday's 0.76% gain with interest, to end the day at $86.53. Relatively range bound ...

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