2 October 2019

On This Day

Bitcoin price

Closing price: $8395.2183 Powered by Coindesk


Bitcoin Is Not Most Used Cryptocurrency In The World, You'll Never Guess What It Is
The daily trading volumes have spoken, and the most used crypto is not Bitcoin -- it's Tether. The controversial currency that back in 2014 guaranteed ...
CME has no plans to launch physically-settled bitcoin futures, says executive
CME recently announced that it is going to launch bitcoin options contracts in Q1 of 2020, based on “increasing client demand” and “robust growth” in ...
Pantera Leads $5 Million Round for Decentralized Derivatives Market
A protocol built to put financial middlemen out of business has secured a $5 million seed round from Pantera, Ripple's Xpring, Hashed and others.
Crypto Market Cap And Bitcoin Facing Resistance: BCH, BNB, EOS, TRX Analysis
The total crypto market cap is facing a strong resistance near the $220.0B level. Bitcoin price is also trading below a crucial resistance area near the ...
Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors
Bitcoin Still Struggling to Break 200-Day Moving Average, Says Analyst
Well-known professional trader and financial consultant, @captainscio pointed out the fact that the Bitcoin price has been unsuccessfully attempting to ...
CME has no plans to launch physically-settled bitcoin futures, says executive
Derivatives exchange giant CME Group has no current plans to offer physically-settled bitcoin futures contracts. Tim McCourt, global head of equity ...
Why Did Bitcoin Break Down From $9000, and Where Is It Heading?
As Bitcoin's (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto's largest asset found itself at the ...
What is Bitcoin? Learn about Bitcoin.
If you ever wanted to learned more about Bitcoin, here is your chance as we explore the original White Paper which is the origins of Bitcoin.
Bitcoin Price to Make New High By Early-2021, Investor Declares

According to Ikigai’s Travis Kling, Bitcoin bulls might not need to wait long for the leading cryptocurrency to establish a fresh all-time high. Related Reading: If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5% Thanks for having me on @YahooFinance! https://t.co/jUNQ8K15UR — Travis Kling (@Travis_Kling) September 27, 2019 In a recent interview with...

Bitcoin Volatility By Time Period
PARIS, ILE DE FRANCE - NOVEMBER 20: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed in front of ...
Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground

As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and the persuasion powers of its senior executives. Mark Zuckerberg prefers closed-door approach In a leaked audiotape of a Facebook town hall released by The Verge, the co-founder and CEO of […]

Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript
In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra.
Bitcoin Falls as Weak US Manufacturing Data Scares Investors

Bitcoin plunged on Wednesday as a weak US manufacturing data intensified anxieties over the health of the global economy. The benchmark cryptocurrency was down by $63.73, or 0.77 percent, to trade at $8,257.79 as of 13:41 UTC. At one point during the Asian session, it slipped towards a session low of $8,168.85, consolidating within a strict...

NYAG to Court: Don’t Let Bitfinex Keep Stonewalling Our Investigation
Bitfinex may be enjoying a break from having to give documents to investigators, but it should be preparing for when the reprieve ends, the NYAG said.
Bitcoin Could Hit $400k After Third Halving (If History Is Any Indicator)
About every four years, the amount of Bitcoin created in the mining of a block gets cut in half. This is referred to as a 'Halving.' Until now, there have ...
Parity Updates Tech to Let You Turn Old Phones Into Cold Storage Crypto Wallets
Parity adds support for Polkadot in the latest beta version of its mobile cold wallet app.
Nancy Pelosi's 27-year-old primary challenger owns bitcoin and wants 'practical' crypto regulations
Earlier this week, Agatha Bacelar launched a cryptocurrency initiative, accepting campaign donations in five coins – bitcoin (BTC), bitcoin cash (BCH), ...
Bitcoin remains below its 200 day MA
The price of bitcoin on Coinbase has closed below the 200 day MA for 6 consecutive days. Yesterday, the price traded above and below the MA line, ...
Monero's price drops 2%, Stellar and Bitcoin SV not far behind
Craig Wright-backed Bitcoin SV (BSV) is also performing badly, down 1.80% today. It is not far off its original price, when it was forked from Bitcoin ...
Agoradesk Introduces Options Trading For Monero And Bitcoin
Announced over the Reddit airwaves, the new service, called Agoradesk, will also introduce a new form of crypto trading: options contracts for Bitcoin ...
It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors
It’s way too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, equity analysts at Oppenheimer & Co. said.
New Data Suggests Bitcoin Use Growing Through Utility in Developing World
A data scientist and Bitcoin enthusiast has just published a follow up report to an earlier effort to collate global LocalBitcoins volume data. Matt Ahlborg ...
Ohio suspends bitcoin tax-payment program. And it's not clear if it's coming back.
Less than a year after launching it, Ohio has suspended its online portal that allows residents and businesses to pay their taxes using bitcoin. (AP file ...
Telegram’s TON Blockchain Is on Track for Late-October Launch Date
TON investors received emails from the Telegram core team Wednesday seemingly confirming the $1.7 billion blockchain's Oct. 31 launch date.
Experts See Bitcoin Rallying to $20,000 Before End of the Year; Here are the Reasons

Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than 40% in previous bull runs and many market participants are comfortable holding the cryptocurrency. To prove […]

Bitcoin trading spikes in Hong Kong as political crisis worsens
At the same time, local interest in Bitcoin has reached unprecedented levels, which may be a sign that residents are turning to Bitcoin as a potential ...
Better Than Bitcoin? This Man Has a New Plan to Disrupt the Finance Industry
I think for a lot of people within the industry, the advent of Bitcoin was very enlightening and an example of what we can accomplish with blockchain ...
School Looks to Lower Emissions from Bitcoin Mining
There's no denying that bitcoin has great promise. Since it first emerged on the financial plane roughly ten years ago, the currency has come a long ...
Hong Kong Protests Cause Massive Surge in Bitcoin (BTC) Trading
It appears that economic fears and uncertainty as a result of the ongoing protests in Hong Kong are driving people towards Bitcoin as a safe haven for ...
Bitcoin price prediction: BTC/USD recovery halted, downside still in danger – Confluence detector
Bitcoin is among the daily losers on Wednesday following the rejection from levels just above $8,500. The correction from the lows formed marginally ...
F2Pool Predicts Bitcoin Mining “Shutdown Price” But Hash Rate Steady
This article was originally published by 8btc and written by Lylian Teng. Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool, currently ...
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 02/10/19
Bitcoin Cash ABC fell by 1.2% on Tuesday. Partially reversing a 3.6% rally from Monday, Bitcoin Cash ABC ended the day at $223.31. A bullish start to ...
Ohio suspends payment of business taxes using bitcoin
COLUMBUS, Ohio (AP) - Ohio Treasurer Robert Sprague (sprayg) has suspended a program that allowed the use of cryptocurrency, bitcoin, ...
Former NiceHash CTO Arrested in Germany Over US Hacking Charges
The U.S. Department of Justice is seeking to extradite the alleged hacker over crimes he's already served time for in Slovenia.
Banking Giant Says Bitcoin (BTC) Will Likely Shatter $90K, Key Indicator Rising at ‘Breakneck Pace’

One of Germany’s biggest banks just released a massive Bitcoin price prediction. According to Munich-based BayernLB, a key indicator shows BTC is on track to hit $90,000 after its next halving. The report is based on Bitcoin’s stock-to-flow ratio, which is often used to forecast the future price of precious metals like gold by calculating […]

Bitcoin investors fearful according to Crypto Fear & Greed Index
Investors are nearly as fearful as they were during the bear-market despair of January, where Bitcoin was trading below $4,000, according to the ...
Bitcoin Cash price analysis: BCH/USD lock-step recovery sluggish under $240
Bitcoin Cash is still suppressed under the short-term trendline resistance. The negative correction experienced last week saw BCH test the primary ...
Bitcoin escrow company owner indicted for alleged $7M fraud
The head of a bitcoin escrow service has been indicted for fraud over allegations that he stole $7 million from two customers for bitcoin purchases that ...
Bitcoin Price (BTC) Remains Vulnerable Below $8500
Bitcoin price is struggling to continue higher above $8,400 and $8,500 against the US Dollar. BTC must stay above $8,000 to start a fresh increase.
Bitcoin Falls but Stays Above $8000 Level
Investing.com - Bitcoin fell on Wednesday in Asia but maintained above the $8,000 level. Bitcoin fell 2.8% to $8,187.9 by 1:36 AM ET (05:36 GMT).
Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta
Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020.
Crypto Insider: Bitcoin Will Rally With or Without Wall Street Institutions on Board

The CEO of crypto venture capital firm CryptoOracle says Bitcoin doesn’t need institutions to take flight. In a new interview on CNBC’s Power Lunch, Lou Kerner says he thinks institutions will eventually join the crypto movement en masse – but they will follow the pack instead of lead the way. “I’ve always thought Bitcoin is […]

Hong Kong Bitcoin Trading Volume Spikes to Highest Levels Ever Recorded
Interest in Bitcoin seems to be booming in Hong Kong. LocalBitcoins recorded its highest trading volume ever in the city-state this past week.
Bitcoin Price Risks Further Decline After Recovery Rally Stalls
October has started poorly for traders looking to capture Tuesday's rebound, as prices were swiftly rejected back below $8,300 this morning.
Parents of teen Instagram hacker spared jail for transferring stolen Bitcoin
As well as a folder containing more than £400,000 in Bitcoin, the investigators uncovered two watches worth £10,000. At the time the teenager said he ...
Six Major Japanese Brokerages Form Security Token Offering Association
A self-regulatory organization has been formed in Japan to guide security token offerings.
Could Google Be About To Break Bitcoin?
Bitcoin, cryptography, and encryption rely on complex mathematical problems and the fundamentals provide the basis of the internet and digital ...
Markets Trading Flat After Fake Breakout, Bitcoin Hovers Around $8300
Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC ...
Ethereum, XRP, Litecoin and Other Large Cap Altcoins Poised For 20% Breakout

With Bitcoin price collapsing after a powerful parabolic rally, large-cap altcoins such as Ethereum, XRP, Litecoin, and others may finally have their time to shine. If the assets among the top ten cryptocurrencies by market cap are able to hold support at current levels, they may be ready for as much as a 20% breakout...

Huge Bitcoin Mining Farm Burns Down in China, Destroys $10M in Computers
While Innosilicon has not confirmed the fire took place, plenty of bitcoin mining experts are speculating about the effects it has had on the market, ...
Ex-BlackRock Exec Joins Wallet Provider Blockchain as General Counsel
After more than 25 years in traditional finance, Howard Surloff joins Blockchain as the first general counsel on the company's executive team.
Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
Some traders believe that Tether printing is directly connected to Bitcoin's price action and Cointelegraph recently reported on the correlation between ...
Will Bitcoin Be Able To Break Above $8500?
Bitcoin is down -2.17% and trades currently around $8,250. The biggest loser in the top 10 is Bitcoin SV, which lost 5.25% in value. The total market ...
Bakkt First Week Volume Comparable to 4 Minutes Of Bitcoin Trading On Other Exchanges

Last week marked the long-anticipated arrival of Intercontinental Exchange’s first foray into the crypto space with the launch of a Bitcoin futures trading desk called Bakkt. And although the launch had been pitched by the crypto community as an event that would spark Bitcoin’s next bull run, now that the dust has settled on the...

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Levels to watch as Visa, Mastercard consider ...
Back in June, Bitcoin and other digital coins jumped on the prospects that the social media behemoth will make cryptocurrencies more mainstream.
LocalBitcoins sees huge spikes in usage during Hong Kong's political unrest
Interest in Bitcoin, the censorship resistant cryptocurrency, often spikes during times of political or economic unrest. It's no accident that Satoshi ...
Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC
Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily ...
What is the Long-Term Sustainability of Bitcoin?
These past two weeks have not been all that easy for bitcoin. The leading cryptocurrency's fall from grace has been heavily reported on throughout the ...
Institutional Libra Backers Are Getting Cold Feet
Major Libra backers are backing out of the Facebook-led cryptocurrency effort, according to a WSJ report.
Bitcoin (BTC) Volumes in Hong Kong Soar on LocalBitcoins As China Quietly Deploys Thousands ...
Bitcoin (BTC) volumes have been surging in Hong Kong on peer-to-peer (P2P) trading website LocalBitcoins. Bitcoin trading activity in the special ...
Ethereum Fees Have Surpassed Bitcoin Transaction Costs
According to recent statistics, Bitcoin fees — which usually remain among the highest in the industry — have been topped by Ethereum fees.
Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings
Starting today, Coinbase users get 1.25% returns on their USDC holdings.
Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer
A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, ...
Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App
Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.
Bitcoin in Argentina is on the up – RSK Network purchases Taringa
The scene is growing daily and now Bitcoin-powered RSK is planning to take the technology to the masses through its acquisition of social media ...
Bitcoin Hash Rate Heading to 100 EH/s: How Price, Halving and Security Are Involved
Recently, there has been a heated discussion about Bitcoin's hash rate with many people looking forward to seeing it break 100 exahashes per ...
Long-Term Bitcoin Investors Remain Unfazed as Traders Drive Recent Sell-Off
Bitcoin's recent bout of volatile trading appears to have been driven primarily by short-term traders who have been offloading their BTC positions, as ...
6.2% Of Americans Own Bitcoin, 21% Have Never Heard Of It, New Study Reveals
A new study carried among over 5,000 Americans reveals interesting data regarding Bitcoin ownership. Over 21% of all voters answered that they ...
Bitcoin to hit $90000 after halvening, says State-backed German bank
A state-backed German bank has made a Bitcoin's price prediction of ... time of the halvening, Bitcoin's stock-to-flow will spike from 25.8 to around 53.
Bitcoin volume is still flowing OTC despite fall in price, says top London firm
The recent decline in the value of Bitcoin hasn't deterred institutional investors and hedge funds from buying the digital asset, according to directors of ...
Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report

Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […]

Ohio suspends payment of business taxes using bitcoin
Ohio suspends payment of business taxes using bitcoin ... Wednesday that allowed the use of cryptocurrency, bitcoin, for business tax payments.
Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push
Enterprise blockchain provider Blocko has launched in the UAE after raising capital in Asia and Europe.
P2P Hong Kong Bitcoin Trading Hits Record Highs Amid Surveillance Crackdown

Amid the escalating chaos of the anti-government protests in Hong Kong, bitcoin’s trading volume has hit an all-time high on peer to peer exchange, LocalBitcoins. Residents of Hong Kong are still staggering from what was an exceptionally violent week of protests. The outrage over the now- withdrawn extradition bill has boiled over into issues such […]

Bitcoin: Nuclear scientist caught mining cyrptocurrency in top-secret Russia lab
A nuclear scientist has been fined 450,000 rubles (£6,000) for illegally mining bitcoin at a top secret facility in Russia, according to local reports.
Bitcoin (BTC) recovery stalled on approach to $8500 - where from here?
A recovery above $8,000 is a good signal and a big relief to the long-term bitcoin bulls, as it may be regarded at a buying opportunity, the company ...
This Germany State Made Passive Income via Bitcoin
A Germany state decided to hold rather than auction a stockpile of confiscated bitcoin, only to realize that their seized assets grew in value.
Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto
Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.
Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders: Data

Bitcoin hasn’t had the past ten days. Since the Sunday before last, the price of the cryptocurrency has shed some 15%, leaving many traders stumped as to what in the world took place to send digital assets plummeting. Cynics of the Bitcoin market have suggested that the rally to $14,000 and the subsequent dump was...

Voyager Now Lets Users Earn Up to $2500 in Bitcoin (BTC) for Referring Friends
Voyager (CSE:VYGR), a crypto brokerage firm that provides retail and institutional investors with trading solutions, announced the launch of its ...
CME Claims Institutional Interest in Bitcoin Will Grow
Despite the lackluster opening of the Bakkt platform earlier this month, a representative of the CME Group believes that institutional interest in Bitcoin ...
Bitcoin Visits Key Support Level as Risk of Further Losses Grows
Bitcoin (BTC) has surrendered the majority of the upwards momentum that it incurred earlier this week and is now sitting at a key support level that ...
US Congressmen Ask Fed to Consider Developing ‘National Digital Currency’
"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
Acquisition Marks Broadridge Financial’s First Foray Into Crypto Services
Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space.
Why The Bitcoin Price May Be Headed For A Great Few Months
In a new report, digital asset research firm Delphi Digital has shared some trends that could help predict where the Bitcoin price is headed this month.

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