7 January 2019

On This Day

Bitcoin price

Closing price: $4041.4583 Powered by Coindesk

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Crypto Millionaire Proves Why Guaranteed Returns Are A Dangerous Red Flag

The United States Securities and Exchange Commission works to educate potential crypto investors on the pitfalls of investment scams, calling out certain “red flags” investors can look out for that may indicate the investment opportunity could be a scam. Among the most glaring of the red flags cited, are the promise of guaranteed returns. A...

Bitcoin Price Holds $4K As One Transaction Sets 2019 Volume High
The Bitcoin price was testing support at $4000 again January 7 after a sudden volume spike took the cryptocurrency 7 percent higher in minutes.
Why Square Shares Surged 15% in 2 Days, Outperforming the Dow

In the past 48 hours, the stock price of Square, a mobile payment company operated by Twitter CEO Jack Dorsey, surged by more than 15 percent, after recording a 10 percent gain on January 7. The short-term recovery of technology stocks, with giants in the likes of Microsoft, Amazon, and Alphabet recording gains in the

The Coming Bifurcation of Bitcoin
Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem.
Breakout Ahead? Bitcoin Closes on Key Price Hurdle
Bitcoin's bears would be put on the back foot if prices climb past key resistance lined up at $4,140.
Radio Waves to IOT, Blockchain, Gopher, AI, Machine Learning, Advanced Security and a Lot More: Costa Rica Firm to Leave a Mark on Tech

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

Coinbase Suspends Ethereum Classic After Blockchain History Rewrites
Ethereum classic's blockchain has been hit by a suspected 51 percent attack, leading to reorganizations of its transaction history.
Japan Explores Bitcoin ETF but Demand for Product is Mysterious
Japan's financial watchdog could embrace exchange-traded funds that track the value of Bitcoin and similar digital asset classes, Bloomberg reported.
Bitcoin Price Watch: BTC Breaks $4K, More Gains Possible
Bitcoin price gained bullish momentum and cleared $4,000 against the US Dollar. BTC could correct a few points, but it is likely to resume uptrend ...
What's the best speculative asset for 2019: silver or Bitcoin?
Just over a year ago Bitcoin was hanging on to its status as the speculative star. Commentators like me who had doubted it in the summer of 2017 ...
Bitcoin Pushes Past $4000 as Technical Gauge Turns Positive
Bitcoin climbed above $4,000 for the first time this year, helping to push the volatile cryptocurrency into positive territory after a brutal 2017 that saw ...
Bitcoin price news: Why is BTC rising? Bitcoin hits $4k again - will BTC recover?
This crypto crash, known as the bitcoin bubble, lead some analysts to question whether the digital asset even had a future at all. But the bitcoin price, ...
The big Bitcoin and Ethereum gains you've just missed
After the values of popular cryptocurrencies Bitcoin and Ethereum plummeted towards the end of last year, both have shown significant resurgences ...
Litecoin Founder Stokes Debate Over 'Bitcoin Extremists' Tweet
Litecoin (LTC) founder Charlie Lee has fired community debate with a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually ...
Coinbase Says Ethereum Classic Attack Included $500,000 in Double Spends

Contradicting reports from the Ethereum Classic camp, cryptocurrency exchange giant Coinbase announced this afternoon that the apparent ETC blockchain reorganization attack had been accompanied by around half a million dollars in double spends. Coinbase Detects Double Spends on Ethereum Classic Network According to Coinbase, the firm first identified the deep chain reorganization on Jan. 5,

QashBack to Launch Southeast Asia’s First Blockchain-Powered Reputation Management & Permission-Based Marketing Platform in 2019

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

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage
CoinFLEX was launched in February 2018 as CoinfloorEX, a division of Coinfloor, the oldest British Bitcoin exchange. However, the venture has now ...
Data Indicates Bitcoin Price is Uncorrelated with Stock Market
A frequently asked question about bitcoin is whether the stock market influences its price, or whether the cryptocurrency acts as a 'safehaven' during ...
Japan May Approve A Bitcoin ETF, Says Bloomberg Source
The approval of a bonafide Bitcoin exchange-traded fund (ETF) in the U.S. — one of the crypto industry's most important markets worldwide — has ...
Cryptocurrency market update: Ethereum leads market recovery, Bitcoin blasts past $4000
The weekend trading has been a fruitful one. Bitcoin not only came out of a bear range, but it also rocketed past the medium-term resistance at $4,000.
Believe it or not, some Americans already pay their bitcoin in taxes
Overstock was an early adopter of bitcoin BTCUSD, -1.61% becoming one of the first major retailers to accept bitcoin for payment on its site in 2014.
Bitcoin price: Cryptocurrency expert reveals why he thinks bitcoin will RALLY this year
Bitcoin expert and UK Managing Director at Etoro, Iqbal Gandham, said the cryptocurrency is likely to see a surge due to a better understanding of the ...
Hong Kong – Bitcoin Billionaire Wong Ching-kit Denies Investor's Claim of Losing HK$3M
'When they make money, there is no thank you. When they lose money, they call it a scam'; this was the latest response by the Bitcoin billionaire and a ...
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Bitcoin SV, TRON, Cardano: Price ...
While the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) currently offer Bitcoin futures trading, both of their ...
$1000 in Bitcoin Hides in 'Revolutionary' Street Mural in Paris
Want to win a bitcoin? Or more precisely, 0.26 of a bitcoin ($1,000)? Get on over to Paris where you can commence a live treasure hunt in the streets ...
Bitcoin has the potential to be worth a lot, says Bill Miller
Bill Miller, Miller Value Partners CIO, joins 'The Exchange' to discuss where he sees markets going in 2019, his stock picks, if he sees an economic ...
Bitcoin ETF 'Not Going To Happen' Due To US Gov't Shutdown, Says Lawyer
A Bitcoin exchange-traded fund (ETF) is “not going to happen” in the event of a protracted US government shutdown.
Bitcoin to Conquer the Moon in 2019 - Weiss Ratings
"Bitcoin costs virtually nothing to store. It's extremely efficient to transport. It's secure. And it cannot be confiscated by any government. No other asset ...
Environmental worries eased by Bitcoin plunge
Bitcoin's energy consumption has dropped dramatically as its price falls, easing concerns about its environmental impact. The virtual currency's rapid ...
Bitcoin Grows Beyond $4000
Bitcoin (BTC) is starting to make waves again, and while they are still small, investors around the world are welcoming the positive development.
Coinfloor's CoinFLEX Physical Bitcoin Futures Likely to Compete NYSE's Bakkt
The new exchange, CoinFLEX is backed by renowned names in crypto industry including Roger Ver (CEO of Bitcoin.com), Trading Technologies ...
Bitcoin News Summary – January 7, 2019
Bitcoin investor, Trace Mayer, called for a “Proof of Keys” event on the 3rd of January. Users were prompted to withdraw their bitcoins from exchanges ...
Bitcoin Price Analysis: BTC bulls Raved, BitFinex Server Migration in Progress
By dropping 8,540.4082 BTC, the number of Bitcoin open short positions at BitFinex is down 26 percent at the time of press in the last two days.
Kraken: Volume of US Govt. Subpoenas Huge ‘Barrier to Entry’ for Crypto Exchanges

Running a crypto-based financial service in the US is becoming difficult due to unconventional legal costs, cryptocurrency exchange Kraken indicated in its latest “transparency report.” Crypto Exchange Kraken Says Government Inquiries Tripled in 2018 The US-based crypto exchange, which additionally operates in Canada, Europe, and Japan, reportedly received 315 subpoenas from US law enforcement agencies,

Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis
Bitcoin cash is showing positive signs and the total market cap remains supported on dips. Bitcoin, Ethereum, ripple and altcoins like EOS, Tron (TRX) ...
Amazon Becomes Largest US Company, Could See $1 Trillion Market Cap

Amazon’s market cap surged past Microsoft and Apple as AMZN shares reached $1,629.51 today, a 3.44% increase. It is now the largest U.S. listed company by market capitalization. Amazon has a market cap of $796.78 billion, followed by Microsoft’s $783.57 billion, and Apple’s $701.99 billion. Amazon and Netflix Outshone the Rest of FAANG in 2018

Bitcoin Exposed Silicon Valley's Ultimate Aim: Making Money
I came to Bitcoin as a journalist relatively early in its history (the price of a coin was $17, but even then it was recovering from a price plunge), and I ...
Bitcoin Price Analysis Jan.7: BTC Is Over $4000 Following Triangle's Breakout
A breakout could turn out to be a very bullish move and send Bitcoin to retest next resistance levels around the $4050 – $4200 area. The following ...
Paris 'Treasure Hunt' Sees Bitcoin Prize Worth $1000 Up for Grabs in Wall Mural
A French graffiti artist has hidden $1000 in Bitcoin in his latest project, he confirmed in a blog post Jan. 6. Pascal Boyart, who last year embedded a ...
Bitcoin ethereum CLASH: War of words ERUPTS between cryptocurrency big hitters
Ethereum mastermind Vitalik Buterin fired the first salvo as he turned his guns on Bitcoin Cash breakaway 'Bitcoin SV', branding the project as “a ...
Bitcoin Tops $4000 Amid Mostly Green Crypto Markets
At press time, Bitcoin is up nearly 5 percent on the day, trading at around $4,025. Looking at its weekly chart, the current price is above the intra-week ...
Bitcoin playboy who 'made it rain' accused of HK$3M fraud
You might remember Wong Ching-Kit, the self-styled Bitcoin BTC 'millionaire' behind last month's outlandish publicity stunt, which saw thousands of ...
Crypto Analyst: Bitcoin (BTC) Hitting “Titanium” Resistance, Bottom Not In
As reported by Ethereum World News previously, on Sunday, Bitcoin (BTC) suddenly surged past $4,000 the first time since Christmas Eve, as buying ...
Bitcoin [BTC]: Kidnappers demand five Bitcoin to return missing nine-year-old in Africa
Western Cape Gangwatch, an anti-crime website, and Facebook group, received an anonymous message demanding Bitcoin [BTC] as ransom to ...
$1K worth of Bitcoin is hidden inside this French street art
To celebrate the tenth anniversary of the Bitcoin genesis block, crypto-inspired graffiti artist Pascal Boyart has hidden $1,000 worth of Bitcoin BTC ...
Winklevosses Stick to Bitcoin Script During 'Ask Me Anything' Chat
(Bloomberg) -- Cameron and Tyler Winklevoss still believe in Bitcoin and are working hard to make a cryptocurrency exchange-traded fund a reality, ...
CVN Partnership Highlights: BitMax.io Plays a Pioneering Role in the Global Digital Asset Exchange Space

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

Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship
American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, ...
New York Governor Cuomo Signs Bill Paving Way for First US Crypto Task Force

The state of New York has created a cryptocurrency task force following the signing of a digital currency study bill by Governor Andrew Cuomo. This was announced by New York State Assemblyman and the chair of the subcommittee on internet and new technologies, Clyde Vanel, who commented that the task force would benefit both the

Physical Bitcoin Futures Are Coming to Asia First in February
CoinFLEX plans to debut physically-settled Bitcoin futures to the Asian market beginning in February 2019. The platform is a consortium with ...
Bitcoin starts the week strong and the market pushes higher
Following the weekend, Bitcoin has managed to gain 6.38% and is now valued at $4,079 USD. Looking at the chart showing Bitcoin's movement over ...
Leading crypto wallet adds Bluetooth support for mobile bitcoin access
On Sunday at CES, the crypto wallet company Ledger revealed its latest device — the Bluetooth-enabled Ledger Nano X. The device is roughly ...
Facebook Shares Will Crash 18%: Breaking Down Pivotal Research’s Contrarian Take

According to an analysis from equity research firm Pivotal Research Group, there is a high probability that Facebook Inc. will have yet another turbulent year in 2019. The research firm lowered the price target of Facebook’s stock from $125 to $113, reducing the social networking giant’s downside potential from its close on Friday by 18%.

Bitcoin beats $4000 again finally in spurt upwards today
Bitcoin (BTC) has broken through the psychological barrier of $4,000 again today after being unable to do so for several days in spite of technical ...
Ethereum Classic Might Have Been Hit by a 51% Attack

Late last night on Twitter, the official Ethereum Classic team noted that possible chain reorganization and double spend attacks are ongoing. They subsequently asked crypto exchanges and ETC mining pools to require as many as 400 confirmations for withdrawals and deposits. There have been rumors of a possible chain reorganization or double spend attack. From

The 5th Annual Miami Bitcoin Hackathon 2019
7, 2019 /PRNewswire/ -- The Miami Bitcoin Hackathon, one of the world's longest running and largest Bitcoin hackathons, will be taking place this ...
UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures
CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the ...
Bitcoin hits 2-week high above $4000
Bitcoin prices moved higher over the weekend, pushing the world's largest cryptocurrency above $4,000 for the first time since Dec. 25. After trading to ...
Crypto Markets Trade Mixed Following Yesterday's Surge, Bitcoin Stays Above $4000
Following yesterday's crypto market surge that sent multiple cryptocurrencies up 3% or more, most altcoins are now trading flat, with Bitcoin managing ...
Bitcoin Futures Battle Heats Up With New Player, Will it Drive Crypto Market Recovery?

A lot of hopes have been pinned on institutional heavyweights entering the crypto space in 2019. The promise of more Bitcoin futures and crypto products from the big players could be the catalyst that drives market recovery. A new exchange has entered the fray and it aims to take on the giants with physically delivered...

Bull rally's biggest gainers: Litecoin [LTC] hikes 9% as Bitcoin [BTC] and Stellar [XLM] register 6 ...
According to the one-day chart of Bitcoin, at the time of press, the coin was valued at $4,069.31, with a market cap of $71 billion. The coin registered a ...
Crypto Exchange Kraken Says US Subpoenas Becoming ‘Barrier to Entry’
Kraken says that the cost of handling subpoenas is fast becoming a “barrier to entry” in the U.S., as global data requests triple year on year.
Crypto Market Unconvincingly Adds $7 Billion as Bitcoin Recovers
Within minutes, on January 6, the Bitcoin price spiked from $3,830 to $4,030 by around five percent. The sudden increase in the price of Bitcoin led ...
Bitcoin (BTC) Price Analysis: Bulls Test Triangle Top Again!
Bitcoin has formed lower highs and higher lows to create a symmetrical triangle pattern on its 4-hour time frame. Price recently tested support and has ...
Bitcoin Surges 5% in Minutes: Can it Lead to Bigger Rallies This Month?
The Bitcoin price has surged by six percent on the day to $4,070, breaking out of the $4,000 mark comfortably for the first time since Christmas Eve.
Overstock’s tZERO Wins Patent for Integrating Crypto With Legacy Trading Tech
Overstock's tZERO won a patent last week detailing how it would integrate digital asset trading with legacy trading systems.
Bitcoin (BTC) Price Analysis: Broke Minor Resistance & Goes Above 4k
This is odd considering that Bitcoin's dominance increases when the market confidence diminishes as market participants stack up Bitcoin, selling ...
Netflix Shares Have Risen Every Session of 2019 – 35% up and on a Winning Streak

Netflix shares have formed an impressive start to 2019, rising in every trading session so far. Granted, that’s only a handful of sessions. But, given the volatility of FAANG shares and the wider stock market, Netflix appears to be on a winning streak. Netflix shares are up nearly 6% today and had risen to $315

Bitcoin Poised For Further Gains After Surpassing $4000
Bitcoin could enjoy additional gains after breaking through $4,000, according to sentiment data and technical analysis. The cryptocurrency reached as ...
Japan’s Financial Regulator May Approve Crypto ETFs: Report
Japan’s Financial Services Agency is considering the approval of crypto exchange-traded funds (ETFs), according to a Bloomberg source.
Stellar (XLM) Rate Surges 6% to Set Upside Target

Stellar price attempts to break above its rangebound action as the crypto market enters the second week of January 2019. The XLM/USD rate on Monday has surged more than 6% on a 24-hour adjusted timeframe. It was previously locked in a wider price band since December 28, 2018, as all the top coins struggle to

Bitcoin Price Teeters around $4000 — Which Way Will it Break?
The bitcoin price held onto its gains this Monday as the trading session across the Asian and European markets expressed its calm.
Bloomberg: Japan Gauges Interest in Bitcoin ETF as Pundits Talk Down US Approval Rumors
Japan's financial regulator is considering allowing Bitcoin (BTC) exchange-traded funds (ETF), an anonymous source told Bloomberg on Jan. 7.
Bear Market Birthday: The Crypto Bubble Popped One Year Ago Today

One year ago today, the crypto bubble reached its fever pitch before the inevitable crash that occurred throughout the remainder of 2018 and has lingered into the new year. Crypto Market Down 84% on Anniversary of All-Time High According to CoinMarketCap, the cryptocurrency market cap — which measures the combined notional value of all cryptocurrencies

From Goldman’s 1MDB Scandal to Bitcoin, Here’s a Look Ahead at 2019
Our columnist offers some thoughts on topics that should remain of interest in 2019.
China’s Weak Economy Gives US Upper Hand in Trade War: Trump Admin

China’s well-known fears of social instability as a result of worsening economic conditions could be used to the advantage of the United States in the trade negotiations, U.S. Commerce Secretary Wilbur Ross has indicated. This comes as trade talks between the world’s two biggest economies entered a new stage on Monday in Beijing. Speaking to

Ledger Crypto Wallet Goes Mobile With Bluetooth-Ready Nano X
Crypto wallet company Ledger debuted a new product Sunday at the Consumer Electronics Show in Las Vegas.
Bitcoin Price Analysis: BTC Bulls Soar, Next Target $4500
Still, Bitcoin prices are consolidating within an $800 but likely to break above $4,500 triggering conservative traders into action. Because of the ...
Why Analysts Say Google Parent Alphabet is Still a Great Buy

Despite lack of confidence in FAANG stocks for 2019, several analysts including Cannacord and Pivotal Research have upgraded Alphabet shares from hold to buy. The expectation is that the share price of Google’s parent company will continue to profit from growth in the digital advertising industry. Google to Benefit from Increased Digital Ad Revenue Society

Is the Window Closing on US Blockchain Leadership?
The U.S. should apply a "do no harm" approach and take a lead role on blockchain regulation, says William Mougayar.
Agouti – First Decentralized Blockchain Charity

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

Analysts Bullish On Crypto As Bitcoin Rallies Past $4000
Per previous reports from NewsBTC, the Bitcoin (BTC) price popped over $4,000 for the first time since Christmas Eve, as buying pressure quickly ...
Crypto Leaders at Ripple, Litecoin and Dogecoin React to Ongoing 51% Attack on Ethereum Classic

The Ethereum Classic (ETC) blockchain is currently under a 51% attack. Coinbase says it has detected double spends that amount to 88,500 ETC, worth about $460,000. “On 1/5/2019, Coinbase detected a deep chain reorganization of the Ethereum Classic blockchain that included a double spend. In order to protect customer funds, we immediately paused movements of […]

Is this the start of a recovery run? Bitcoin (BTC) stably above $4k
Bitcoin prices jumped higher over the weekend, lifting the world's leading cryptocurrency above $4,000 for the first time since Dec. 25. After trading to a ...
Ethereum Classic’s Price Stumbles Amid Suspected 51% Attack
The price of ethereum classic (ETC) is pulling back as a result of a recently reported attack that resulted in a series of blockchain history rewrites.
The Bitcoin Price Has Leaped Sharply Higher--Here's Why
Bitcoin, which many investors and holders are hoping is going to begin 2019 with a bang, has leaped sharply over the last 24 hours, adding some 6% ...
Colorado Senators File Bill to Exempt Cryptos from Securities Laws
Two Colorado lawmakers have introduced a new bill seeking to exempt some digital tokens from securities laws.
Back Above $4K: Bitcoin’s Price Hits a Two-Week High
The price of bitcoin is trading above $4,000, its highest level in two weeks, a move that was backed by strong volume.

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