20 December 2018

On This Day

Bitcoin price

Closing price: $4107.6867 Powered by Coindesk

Headlines

A Santa Claus Rally For Bitcoin
Bitcoin and nearly every other cryptocurrency has been under siege this year, but bitcoin appears to be getting the benefit of its own Santa Claus rally.
Tensions Emerge Between Hyperledger Blockchain Group’s Biggest Supporters
More than a potential competition between blockchain platforms, tensions between IBM and Intel point to bigger questions around governance.
Bitcoin’s Path to $5K Faces a Major Hurdle
Bitcoin's recovery rally faces sturdy resistance at $4,400 – here are three reasons why.
Bitcoin [BTC] Technical Analysis: A possible take-over by bulls indicated by the technicals
Bitcoin seems to have found the long needed respite it was looking for, as the prices are climbing higher than expected. The 24-hour price change ...
Bitcoin Price Analysis: BTC Soar above $4000 Paving Way for $6000
The crypto and Bitcoin market is resilient, surviving several obituaries over the years. From FUDs churned by mainstream media and economists as ...
TokenSoft to Offer Coinbase Custody as STO Client Option
TokenSoft, a security token offering platform, has partnered with Coinbase to provide an alternative custody solution for clients.
Token Startup Templum Seeks SEC Clarity on Post-Trade Activities
Regulated token trader Templum has petitioned the SEC seeking clarification on the status of post-trade activities conducted over blockchains.
Newsflash: Bitcoin Price Surging Beyond $4100 in Extended Buying Action
Bitcoin price is surging above the psychological resistance of $4,100 in an extended buying action. The Bitcoin/Dollar rate rose to $4100 on Coinbase ...
Bitcoin was cool until it sucked
I first heard about Bitcoin — the mysterious cryptocurrency established in 2008 in order to purchase drugs on the dark web — around 2012, when a ...
Bitcoin Exchange Bithumb: Researchers Uncover Likely Fake Volume
During the first period, they discovered that every day around the same time, the majority of Bithumb's Bitcoin trading would take place in the space of ...
Bitcoin Rallies Past $4000-Mark as Crypto Rebound Gathers Pace
Bitcoin rallied above $4,000 on Friday, leading the broad cryptocurrency market higher as the biggest digital asset headed for its best week in a year.
Bitcoin (BTC) Price Analysis: Bulls Waiting for This Pullback
Bitcoin recently made a strong rally, enough to break past the neckline of its double bottom at $3,600 to $3,700. This confirms that an uptrend is ...
Contrary to Reports, Crypto Sector is Not Dead: Here’s Why

Bitcoin is dead; Blockchain is wasted; Crypto is gone–this is something the world has been told over and over again. The first ever article that predicted a bitcoin death was published in 2010 by Tim Harford, an economist. At that time, bitcoin was trading at $0.23. The following year, after bitcoin surged to $7.80, Gizmodo...

Bitcoin reaches over $3900 today before falling back
Bitcoin has continued its recovery today as it moves towards the $4,000 level. For a time today it was trading over the $3,900 level but has fallen back ...
Crypto Market Update: Stratis (STRAT), Stellar (XLM), Bitcoin Cash, ADA Price Analysis
The past two days were super bullish for bitcoin cash as it rallied above the $100 and $120 resistance levels. Today, it gained more than 20% and ...
Power of Gold on Blockchain: Gold.io Presents the First Inter-Blockchain DEX Governed by the Community

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

Don't Expect This Week's Bitcoin Rally to Last
This week's more than 25% rally in Bitcoin is impressive, but it doesn't signal a return to its erstwhile boom years, if its price history is a guide.
CME Bitcoin (BTC) Futures Squeeze: Shoe is on the Other Foot
At Crypto.IQ, we have written extensively on the negative impact of the CME Bitcoin (BTC) futures contract. Our work shows that open interest in this ...
Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1
PayPal co-founder and venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1.
Bitcoin Forecasts Aren't Getting Any Easier After a Brutal 2018
By the time he cut the target to $15,000 in November, Bitcoin was trading at about $5,500. It has since dropped to about $4,000 -- down more than 70 ...
Ohio bitcoin tax gimmick is like paying with Beanie Babies
Car dealer Bernie Moreno took a small step outside of the tax payment comfort zone to show that bitcoin one day could be much more than a ...
Formosa Financial and CoolBitX Partnership Announcement

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

Tim Draper is Betting On Bitcoin Lightning Payments for Starbucks
Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin ...
Iranians Turn to Bitcoin Mining to Cushion the Effects of US Sanctions
Having started using cryptocurrency for transactions with the rest of the world, they have now turned to Bitcoin mining as a means of making ends meet ...
Analysts Applaud Square's Bitcoin Strategy as Brilliant Despite Low Profitability
It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their ...
Bitcoin: Time Compression, Causation And Feedback Loops
Bitcoin gets faster as it grows. Instead of thinking in constant time, a better approach might be to compress time into log scale as well. Using the ...
4818 Pump and Dump Schemes Involving Bitcoin (BTC) and 300 Cryptos Identified By a Team of ...
While the fundamentals of the ruse have not changed in the last century, the recent explosion of nearly 2,000 cryptocurrencies in a largely unregulated ...
Bitcoin (BTC) Price Analysis: Uptrend Intact Above $3700
Bitcoin price surged higher recently and spiked above $4,000. BTC/USD corrected lower, but it remains in an uptrend as long as it is above the $3,700 ...
Bitcoin Back Over $4K as Crypto Markets See Fifth Day of Green
In terms of 24-hour growth, fourth-largest cryptocurrency Bitcoin Cash (BCH) has soared ahead of other assets, seeing an astonishing 36 percent ...
McAfee: Crypto-Mining Malware Grew By Over 4,000 Percent in 2018
Instances of crypto-mining malware increased by a whopping 4,467 percent this year, according to research from McAfee.
History Shows This Week's Bitcoin Rally Could Be Fleeting
This week's more than 25 percent rally in Bitcoin is impressive, but it doesn't signal a return to its erstwhile boom years, if its price history is a guide.
Is Bitcoin Still an Experiment? BitMex CEO Arthur Hayes Thinks So
Arthur Hayes went onto state that he thinks the crypto-sphere is still relatively small and the jury is still out in regards to whether Bitcoin can become ...
The Hub’s Decree: Information Regarding The Sharder Hub

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U.S. Stocks Plunge as Nasdaq Approaches Bear Market

U.S. stocks declined sharply on Thursday, with the Nasdaq Composite Index flirting with bear-market conditions for the first time since 2009. Stock Selloff Deepens All of Wall Street’s major indexes headed for deep losses, extending a week-long losing streak that threatens to unravel a decade-long bull market. The Dow Jones Industrial Average fell more than

Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower Price
The Bitcoin hash rate – the number of hashes per second the network is performing – has stabilized undergoing its biggest downward difficulty ...
Crypto Miners are Struggling, Can They Survive the Bear Market?

Over the past several months, some of the biggest crypto mining centers and facilities in Europe and Asia have closed amidst lowering cryptocurrency prices and a decline in overall market activity. This week, according to FT, Bladetech, a startup that emerged in March to create the largest Bitcoin mining facility in the U.K. has put its

Trader: Why a Rapid Crypto Bull Run Can’t be Expected Just Yet

In the last three days, the crypto market added $33 billion to its valuation and the Bitcoin price surged by 18 percent against the U.S. dollar. But, one trader said that a bull run cannot be expected just yet. Alex Krüger, an economist, a trader, and a technical analyst, said that the cryptocurrency market has simply stopped

Bitcoin bounces back above $4000
The 'Futures Now' trades debate bitcoin's bounce back above $4,000, with Jeff Kilburg, KKM Financial, and Jim Iurio, TJM Institutional Services.
Tim Draper Backed OpenNode Startup Raises $1.25 Million to Develop its Bitcoin (BTC) Payment ...
Many merchants have been known to be for the idea of integrating Bitcoin payments onto their businesses, but very few payment processing solutions ...
Bitcoin crosses $4000 for the first time in two weeks
Bitcoin has surpassed $4,000 for the first time in two weeks, continuing to break away from a months-long rout. The price of the world's best-known ...
Coinbase Will Soon Reward You for Studying Crypto
Coinbase is launching a new product to help customers earn 0x tokens while learning about crypto assets.
Bitcoin Price Prediction: BTC/USD sold progress to $5000 – Confluence Detector
The Bitcoin price on Thursday is further extending on the strong week of gains see. Holding up in the double-digits of 11%, towards the latter stages of ...
Vitalik Buterin Makes Three Separate $100,000 Donations

Ethereum‘s Vitalik Buterin has given about 1,000 ETH tokens each (currently worth about $324,000) to three separate startups that are working on the Ethereum ecosystem. The startups, namely Prysmatic Labs, Sigma Prime and ChainSafe Systems were gifted the tokens by Buterin as a “contribution to the push the development of Ethereum 2.0,” For instance, while

Coinbase Launches Program to Educate Users About Crypto 'Beyond Bitcoin'
Many of the people we surveyed expressed a strong desire to begin learning about new and different crypto assets beyond Bitcoin, but didn't know ...
US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws
Two members of the U.S. House of Representatives are seeking to exempt cryptocurrencies and certain other digital assets from securities laws.
Bitcoin's Path to $5K Faces a Major Hurdle
Bitcoin's ongoing recovery rally faces a major obstacle that could impede progress towards $5,000, according to the technical charts. The leading ...
Bitcoin Price Rebounds to Two-Week Highs Above $4K
Bitcoin's relief rally gathered pace on Thursday, pushing prices to two-week highs above the psychological hurdle of $4,000.
Only 13 Days Left to participate in The Ethereum Sweepstakes 1,500,000 ETHERS estimated $166,500,000 USD Jackpot

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

Dow Jones Falls to Lowest Level in 14 Months, the Wealthy Pulling Out?

For the first time since Oct 2017, the Dow Jones has fallen below 23,000 points and the U.S. stock market is now flirting with a bear market. Already, according to Sam Stovall, the chief investment strategist at CFRA Research, equity markets are approaching a capitulation phase. While there still isn’t enough data to conclusively state

Bitcoin price analysis: BTC/USD bulls pause before another trip to $4000
Bitcoin spiked to $3,923 on Wednesday, for the first time since December 4. While the gains proved to be unsustainable, the coin continues trading ...
Binance CEO: We Don’t Know if Crypto Correction Phase has Passed

Binance CEO Changpeng ‘CZ’ Zhao expressed his doubts over whether or not the 2018’s crypto correction phase has ended. Speaking to Bloomberg, CZ explained that crypto – regarding valuation – is a field of speculators and its volatility should not come as a surprise. In the same breath, the blockchain entrepreneur brought attention to things

Bitcoin Cash is 41.7% Up, Can BCH Sustain its Momentum?
On the mining front, Bitcoin Cash hash rate has also dropped significantly in the past month. It used to be around an average of 5 Exahash per second ...
Bitcoin SV [BSV] surges by 10 per cent; reclaims eighth position after crossing Tether [USDT]
The cryptocurrency market has been favoring the bulls for the past two days, with considerable growth seen by all top-10 coins. Bitcoin SV [BSV] is one ...
More Staff Cuts Are Coming at Ethereum Studio ConsenSys
ConsenSys 'spokes' are being offered the option to seek outside funding or accept severance packages, sources tell CoinDesk.
Bitcoin [BTC] traders were collecting coins at lower prices as bear fiasco unraveled, says research
With the bull is siding by the cryptocurrencies to overthrow the bear, the topmost cryptocurrency, Bitcoin [BTC] has also registered tremendous growth, ...
Ripple (XRP) Price Turns Super Bullish versus Bitcoin (BTC)
Ripple price formed support near 0.000085BTC and rallied sharply against bitcoin. XRP remains well supported and it could extend gains above ...
Leading Asian Online Retailer Qoo10 to Launch Merchant Fee-free Blockchain-Powered Ecommerce Platform

A blockchain-based online marketplace built on the Ethereum protocol is set to be launched by ecommerce firm Qoo10 on January 1, 2019, Tech in Asia reports. Known as QuuBe, the blockchain-based marketplace comes with a cryptocurrency of its own dubbed the Q*coin. Currently, Q*coins, which are the only accepted means of payment on QuuBe for

Peter Schiff: Bitcoin And All Other Alt-Coins Will 'Go To Zero' (Podcast)
Peter Schiff is Chairman of SchiffGold, CEO and Chief Global Strategist of Euro Pacific Capital, Inc, and host of The Peter Schiff Show. On my podcast ...
Messari CEO: Killer Use Case For Bitcoin Is Still Money, Digital Gold
To commemorate the one year anniversary of 2017's Bitcoin (BTC) peak, Bloomberg, who has recently become a topic of controversy in the ...
Ethereum Startup Parity Launches DIY Blockchain Tool Substrate
Parity Technologies has launched a beta version of Substrate, a tool that lets users create custom blockchains for decentralized applications.
Bitcoin Cash Price Analysis: BCH/USD Soar 40 Percent, Next Stop $230?
35 days after Bitcoin Cash hard fork, Roger Ver's Bitcoin.com is ready to unveil “one of the world's first” smart contract oracle for the Bitcoin Cash ...
Bitcoin's Tick Problem (Getting Screwed on Crypto Exchanges)
In cryptocurrency, many investors say bitcoin is a store of value, a digital version of gold. But bitcoin doesn't behave like gold – offering a stable way to ...
Trader: Bitcoin (BTC) Above $4k Is Dead Cat Bounce, Crypto Still In Strong Downtrend
Brandt, for those who are unaware, is a commodity markets trader with decades of experience and, a newfound(ish) Bitcoin (BTC). Although the ...
Christmas Delight? Bitcoin Cash ABC Leads the Crypto Rally after Surging 40%

Are we witnessing an early Christmas gift for crypto hodlers? Bitcoin Cash ABC leads the crypto rally after surging nearly 40%. The crypto asset has engaged itself in an impressive upside action, surging 40% on an adjusted 24-hour timeframe. In five days, the Bitcoin Cash ABC market cap has jumped from $1.32 billion to $2.83 billion,

Bitcoin Price Watch: BTC Could Correct Lower Before Fresh Upside
Bitcoin price traded further above $3,900 before correcting lower against the US Dollar. BTC might test the $3,580 support where buyers are likely to ...
First Futures Contract to Pay Out in Bitcoin Poised for Green Light
Following an extraordinary run-up in bitcoin prices last year, CME Group Inc., the world's largest exchange company, and Cboe Global Markets Inc., ...
Ripple CEO: Ripple is Just One Participant in Ecosystem

Ripple CEO Brad Garlinghouse has stated that XRP is  not only independent of Ripple, but the XRP ecosystem hosts Ripple as just one of a number of participants. He made the comments during an “Ask me anything” session as part of a Q4 2018 sit down with Ripple Senior VP, Marketing, Monica Long. The session

Bitcoin Price Analysis Dec.20: Bitcoin Breaks $4000. What's Next?
The bulls continue! Since our previous analysis, Bitcoin did have to take some air: As we stated about possible targets for correction, Bitcoin re-tested ...
Bitcoin Hits $4100 as Analysts Warn That the 2017 Rally Is Behind Us
Bitcoin's price recovery has continued, with the currency gaining 7.2 percent in the past 24 hours. Bitcoin was trading at $4,104 at press time, having ...
ETH/BTC Analysis Dec 20: Ethereum Price Turned Buy Vs Bitcoin
Ethereum price formed solid support near 0.0257BTC and recovered against bitcoin plus jumped above $100.00 versus the US dollar. ETH/BTC is ...
A Middle Way Forward for Blockchain
"Not too little. Not too much. Just right.” Chromaway's CEO gives his take on why the Swedish saying may be key to unlocking blockchain's potential.
Flash Hike: Bitcoin [BTC] smashes $4000 resistance in a single rise
Bitcoin [BTC], the ruler of the market with the highest market capitalization, smashed through the $4,000 market after bleeding for almost two weeks ...
SEC Chair Jay Clayton’s Mass Crackdown On Crypto Industry Roils GOP Lawmakers

Jay Clayton, the chairman of the US Securities and Exchange Commission, is coming under fire from Republican lawmakers amid growing concerns over his harsh approach to regulatory enforcement — which critics claim strangles the free market and inhibits technological innovation. In 2018, the SEC launched a massive crackdown on the crypto industry, which has been

Bitcoin Breaks Above $4000 Amidst Widespread Market Surge
Following the recent price surge that Bitcoin has experienced after dropping into the low-$3,000 region last week, it has since recovered much of its ...
Analysis: Crypto Investors Have Been Buying The Bitcoin (BTC) Dip
Although many have claimed that cryptocurrencies, namely Bitcoin (BTC), have finally bitten the dust in 2018's market downturn, data indicates that ...
Bitcoin Price Live: Massive One Hour Candle Takes BTC Above $4000
Bitcoin continues its recent price rally, topping $4,000 on Thursday, December 20, 2018. The top-ranked cryptocurrency is up by more than eight ...
Coinbase Wants You to Earn Crypto While Learning About Crypto

Having acquired Earn.com in April, Coinbase has launched the first product out of that relationship. Dubbed “Coinbase Earn,” a resource page where crypto lovers can learn more about cryptocurrencies trading on Coinbase and get rewarded with tokens. The announcement, which was published on its blog, marks the 10th day of its 12 Days of Consecutive Announcement,

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