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A selection of the latest Bitcoin news and blog posts.
Phoenix Rising From the Hashes? Some Analysts See BTC Green in 2019 Perhaps McAfee could be a little bit worried about having to fulfill a small promise that he made last year. According to McAfee, his method of prediction is "simple"-he's simply drawing a correlation between the growing number of transactions increased amount of users on the Bitcoin network.
Bitcoin Faces Drop Towards $3K After Brief Price Bounce Bitcoin still has the potential to drop towards $3,000, despite a minor bounce from 15-month lows seen on Friday. The leading cryptocurrency by market value picked up a bid at $3,210 three days ago - a level last seen in September 2017.
The Real Reason Behind Bitcoin's Price Crash Revealed Bitcoin investors in the United States are selling off their crypto to pay off capital gain tax. First-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017. Reports show that they are now selling off quickly before they file their April taxes.
What will Happen to Bitcoin in 2019- - Bitcoin Price Today The crypto market is yet to start the much expected bull run. All the digital currencies in the market are still deep in the red. Bitcoin is yet to recover, and it's still struggling to break over the $4,000 level. The digital currency recently broke below the key psychological levels of $6,000 and $5,000.
Vertcoin's Struggle Is Everyone's Struggle In a textbook 51 percent attack documented in a blog post by Coinbase security engineer Mark Nesbitt, someone seized majority control of the Vertcoin network's hashing power to conduct multiple "reorgs" of the blockchain.
Hedge Funds Have Been Concentrated In Losing Stocks Hedge funds have been struggling over the last several months as growth and momentum began to weigh on returns. Hedge funds are scrambling to rotate into defensives and away from stocks which have fallen out of favor. Data from Goldman Sachs suggests funds still have quite a bit of adjusting to do.
Japanese Lawmaker Proposes 4 Changes to Ease Crypto Tax Burden A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to ease the burden for cryptocurrency users and encourage adoption of cryptocurrencies in the country.
BitGo Supports Crypto Single Network Initiative US-based financial services and cryptocurrency wallet and custodian service provider BitGo is joining a universal protocol alliance that seeks to allow all crypto coins to be accessible on a single network through the introduction of universal tokens.
UK Should Introduce Crypto Exchange Regulation, FATF Says The FATF warning is part of the organization's mandatory analysis of its member states' anti-money laundering and combating the financing of terrorism systems. The UK report analyzed how the country's legislative provisions and regulatory practices comply with FATF Recommendations.
Mastercard Files Patent for "Anonymous" Privacy Coin Mastercard frequently references something known as a "processing server" that anonymizes transfers, but does not elaborate on whether this is a node on the network or a single server in charge of processing anonymization requests. In the latter case, this would make Mastercard's system a permissioned trust-based blockchain.
1 Million BTC Options Position Set to Expire on Dec. 28 Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017. The contracts, which will expire on Dec.
EToro Joins Blockchain Association to Build an Inclusive and Efficient Financial Ecosystem Blockchain Association and eToro are launching a partnership to push the development of an inclusive and efficient financial ecosystem aided by blockchain technology.
Bitcoin Technical Analysis: Bears to have a tenacious grip on the market The volatility in the cryptocurrency market continues as most of the coins are experiencing unexpected rise and fall in their prices. The case remains the same for the market king, Bitcoin as well. At the time of writing, BTC is trading at $3614 with a market cap of $62.9 billion.
BTC/USD Shorts Hit All-Time High while Bitcoin on a Fire Sale with Over 82% Off Bitcoin shorts have reached all-time high as the leading cryptocurrency hits 15-month low. Meanwhile, experts believe it's just a bump in the long road ahead of Bitcoin and this is the right time to buy while you have it at 82 percent discount. At the time of writing, Bitcoin has been trading at $3,555 with 24 hours gains of 1.36 percent.
Bitcoin News Summary - December 10, 2018 Here's what happened this week in Bitcoin in 99 seconds. Bitcoin hit a new yearly low just below $3,300. Altcoins fared even worse, with Ethereum falling below $90 and Ripple below 30 cents. The total crypto market cap stands at $108 billion with Bitcoin's value comprising 55% of that figure.
Top Ten Gifts for a Bitcoin Lover from Society6 From stickers and phone cases to clocks and cushions, we've combed through hundreds of awesome cryptocurrency-themed goodies on Society6 to find our favourite gifts that any crypto-fan will love. Whether it's for a friend, a loved one or yourself, there's something here for everyone.
Chatter Report: Sirer Says Crypto Too 'Volatile', Zhao Ponders Next Bull 'Trigger' In today's chatter report, Emin Gun Sirer debates with Diego Gutierrez-Zaldivar on cryptocurrencies being a good store of value and Changepeng Zhao crowdsources Twitter for ways to trigger the next crypto bull run.
The Step-by-Step Guide To Giving Bitcoin This Christmas From shopping to paying bills to HODLing on, bitcoin is the perfect gift to give this Christmas. Why? Because bitcoin is the perfect gift for… No problemo! You can buy as little or as much bitcoin as you like. From $50 to $10,000, the choice is up to you.
Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term Since December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop below the $100 billion mark, which could have been critical for the short-term trend of the market.
Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token The engagement aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros. Many cryptocurrency investors and traders will be wary of any such claim by a stablecoin issuer, due to nagging questions around the dominant issuer, Tether.
ShapeShift CEO on Bitcoin Hype Cycles and the Global Crypto Takeover ShapeShift co-founder and CEO Erik Voorhees has quite a reputation in the crypto world. As one of the original players in the space, he's opinionated, outspoken, and no fan of the SEC.
How low will Bitcoin now go? The history of price bubbles provides some clues What makes Bitcoin worth anything? To begin to answer this question, we need to understand what creates the values that drive speculative price bubbles, and then what causes prices to plunge.
BitMEX Develops Bitcoin 'Derivatives' Based On Price Movement For Investors To Bet Big On BTC Crypto World products are gradually being designed Wall Street style with the latest talks revolving around Bitcoin futures. BitMEX is amongst the players that have capitalized on the lacking derivative market for digital assets given the lucrative nature of these contracts.
Bitcoin Cash SV Vulnerable to Double Spending, Research Warns Through Video Demonstration - CryptoGlobe Bitcoin Cash SV, one of two new coins that resulted from the hard fork of the Bitcoin Cash blockchain, is reportedly vulnerable to double spending.
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