Bitcoin News (BTC) - Page 70

Bitwise Will Take Another Crack At A Bitcoin ETF
Published: Jan 11, 2019 11:29 a.m. ET In the U.S. market, an exchange traded fund linked to bitcoin remains elusive. Bitwise Asset Management, a provider of cryptocurrency indexes and funds, is looking to change that. In 2018, ETF industry observers and crypto market fans were tantalized by the prospects of a U.S.-listed bitcoin ETF coming to market only to be rebuffed by the Securities and Exchange Commission at every turn. Last year, the SEC's Division of Trading and Markets turned back applications for bitcoin-related ETFs from issuers such as ProShares, Direxion and GraniteShares. The commission also delayed a decision on an institutionally-focused bitcoin ETF from VanEck and fintech firm SolidX.
January 13, 2019 8:08 AM

Prime XBT, an advanced cryptocurrency trading platform
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January 13, 2019 7:34 AM

First Bitcoin Transaction Anniversary
by Enrique Salazar | Jan 12, 2019 | Bitcoin | 0 comments Ten years ago today, on January 12th, 2009, Satoshi Nakamoto sent Hal Finney 10 bitcoins as a test. It was the first Bitcoin transaction ever made. Today, more than 280,000 transactions per day are processed on the Bitcoin blockchain. Hal Finney was a respected Bitcoin contributor and known computer scientist. He attempted to create a cryptographic currency based on a Proof of Work system before Bitcoin was created. Finney helped Satoshi find bugs on the Bitcoin software when it was first released and one of the first miners. Thanks to visionaries like him cryptocurrencies and blockchain technology have prospered and their usage continues to grow around the world.
January 13, 2019 6:48 AM

CNBC Trader: Bitcoin (BTC) At $3,000 Would Cause Panic En-Masse
Anthony Grisanti, a CNBC guest and futures trader, recently sat down with the outlet?s ?Futures Now? segment to talk about Bitcoin (BTC). While he claimed that he had no reservations against the cryptocurrency, Grisanti seemed overly bearish on BTC, even though fundamentals for the underlying blockchain are relatively outperforming. Grisanti, the founder of GRZ Energy, noted that BTC, a supposed non-correlated asset, should have popped when U.S. equities, like a number of stocks listed on the Nasdaq, sold off. The fact that Bitcoin?s bear trend only saw a brief abatement (if at all) is a worrying sign in Grisanti?s eyes, so the trader noted that he expects for the low-$3,000 level to be tested.
January 13, 2019 6:40 AM

Cryptocurrency Still a Gray Area in Malaysia After Government Deems It Neither Legal nor Illegal
Malaysia?s government still hasn?t made up its mind on what to do with cryptocurrencies. The country?s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. But Malaysia?s Federal Territories Minister this week said that the government is undecided on whether cryptocurrencies are legal or not.  Also read: Mongolia?s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit Khalid Abdul Samad, Malaysia?s Federal Territories Minister, has said using cryptocurrency is ?neither legal nor illegal.? The government is still considering the matter, he added, saying he could not push for a decision to be made. ?People have asked me if these currencies are legal or illegal,? local media quoted him as saying. ?At the moment, the answer is neither legal nor illegal as the situation is still unclear.?
January 13, 2019 6:23 AM

Tim Draper Paid $18 Million For His First Bitcoin Batch, What's it Worth Now
-Bitcoin news, price, information & analysis If someone was to ask about fervent crypto investors, who would come to mind? For most Bitcoin enthusiasts and investors, Mike Novogratz, the Winklevoss Twins, and Tim Draper would be the first mentioned. And for good reason too, as the aforementioned four have invested copious amounts of time, money, and mental capacity into the nascent blockchain world. Tim Draper, often clad in a grey suit, white dress shirt, and purple Bitcoin logo-studded tie, recently divulged his hero origin story, if you will, taking to Coindesk. To celebrate Bitcoin?s tenth birthday, Tim Draper, the world-renowned American venture capitalist and forward-thinker, wrote an op-ed piece for a recent Coindesk feature series. Draper, whose investor son also believes cryptocurrencies are also tantalizing, noted that it was fifteen years ago when he saw value in digital currencies.
January 13, 2019 3:30 AM

Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives - Bitcoin News
Japan?s top financial regulator has clarified to its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Following recent reports claiming that Japan?s Financial Services Agency (FSA) may be considering approving one or more bitcoin ETFs, asked the country?s top financial regulator to confirm its plan regarding this type of investment instrument.
January 13, 2019 3:15 AM

Analysts noticed Bitcoin Cash (BCH)'s 24 hours rise of 5
Bitcoin Cash (BCH) had a good 24 hours as the crypto jumped $7.39 or 5.70% trading at $137.00. According to Global Crypto Experts, Bitcoin Cash (BCH) eyes $150.70 target on the road to $321.65. BCH last traded at Kraken exchange. It had high of $138.07 and low of $127.72 for January 11-12. The open was $129.61. About 75,358 BCH worth $9.96 million traded hands. Bitcoin Cash (BCH) is up 57.27% in the last 30 days from $87.11 per coin. Its down -73.33% in the last 100 days since when traded at $513.69 and the annual trend is down. 200 days ago BCH traded at $695.38. BCH has 17.48M coins mined giving it $2.39B market cap. Bitcoin Cash maximum coins available are 21.00M. BCH uses SHA256 algorithm and PoW proof type. It was started on 01/08/2017.
January 13, 2019 3:10 AM

Nick Szabo: Central Banks will Turn from Physical Gold Reserves to Bitcoin Reserves in 2019
A Blockchain and Crypto pioneer, Nick Szabo ? many believe that he could be the anonymous developer of Bitcoin (BTC), Satoshi Nakamoto ? said that central banks will more than likely turn to digital currencies to support their reserves, while speaking at the Israel Bitcoin Summit at Tel Aviv University on Tuesday, January 8, 2018. Nick is a veteran cryptographer who developed the construct of ?BitGold? ? an unenforced, pre-BTC privacy-aimed crypto way back in 1998. Nick is the first person to have gestated smart contracts in the year of 1996 and remain as the top thinker in the cryptocurrency industry.   
January 13, 2019 1:36 AM

Bitcoin Price Watch: Are Altcoins to Blame for Bitcoin's Demise
At press time, the father of cryptocurrency is still trapped in the $3,600 range. Following a near two-week period of meandering about at $4,000, bitcoin is still struggling to regain traction in the crypto market. Interestingly, the Federal Reserve Bank of St. Louis has released an argument that seemingly blames altcoins for bitcoin?s latest demise. The authors claim that the cryptocurrency arena is consistently flooded with new altcoins that do little to move the market forward in a positive way. The space has become saturated and cannot change as it should due to the limited space. At the same time, however, bitcoin appears to be suffering from a lack of awareness. Regarding bitcoin decentralized applications (dApps) for example, very few people use them, and instead prefer dApps centered on other competing currencies like Tron. The authors say a bitcoin maximalist argument has never fully come to fruition, writing:
January 13, 2019 1:12 AM

After Rejecting Bitcoin ETFs, the SEC Makes Crypto a Top Priority for 2019
A lot can change in the world of crypto over a 48-hour period. The publication of new regulations in China, which will come into effect this February, marked the end of a long period of uncertainty in the world?s most populous country. And now, in the very same week, the US Securities and Exchange Commission (SEC) has announced that crypto is a top priority this year. In a document entitled ?2019 Examination Priorities?, the Office of Compliance Inspections and Examinations (OCIE) states that it will be investigating cryptocurrencies for the express purpose of understanding how investors can be protected.
January 13, 2019 12:51 AM

Buying a Car in Singapore Now You Can Pay with Cryptocurrency
In a first for Singapore, Bizkey, a payments processing firm, has facilitated the first car purchase using cryptocurrency. While cryptocurrencies continue in a prolonged bear market, there is no doubt that the adoption has been steadily growing across the globe. Residents of Singapore can now purchase a car and make payment with cryptocurrencies. David Lau, a businessman based in the South-east Asian country became the first resident to buy a car using Ethereum (ETH). The development was reported earlier on Thursday by Business Insider. Lau drove off in an $84,000 Honda Vezel, paying the equivalent of $10,000 in ETH upfront. The customer will shell out an additional $32,000 in ETH over many weeks. The remaining amount has been financed with a bank loan.
January 13, 2019 12:16 AM

Recently Activated Bitcoin Whale Wallets Projected to Cause Market Upheaval
Analysts are now believing that the price of Bitcoin could soon see significant action. Specifically, the notion that cryptocurrency traders may be in for an unstable period is based on an uptick in the number of active Bitcoin wallets. This news comes in a fresh piece from Bloomberg. Moreover, the article is based on data and analyses done by the cryptocurrency analytics startup firm Flipside Crypto. Flipside Crypto is known to be backed by venture capital firm Digital Currency Group, as well as the major cryptocurrency exchange Coinbase. Put simply, the article notes that a large number of previously dormant Bitcoin wallets have become active lately. Flipside Crypto reports that cryptocurrency wallets that have been active over the last month are now holding approximately 60% of the total circulating Bitcoin supply.
January 12, 2019 11:57 PM

Bitcoin throughput 10x higher post Segwit while Lightning adds Smart Contract interoperability
Bitcoin can (and virtually since forever) process Smart Contracts. An example of this is a multi-signature wallet, which is an example of a Smart Contract; however, compared to Ethereum, Bitcoin is programatically inefficient. This means that it is quite expensive to utilize the Bitcoin Smart Contract features???whereas Ethereum might allow 1,000 lines of code modifications for a small fee, Bitcoin allows only 1 line. Thus, adding in 1,000 lines of code increases fees 1,000x, vs a few pennies on Ethereum. Lightning, however, better incorporates Smart Contract functionality into the Bitcoin blockchain.
January 12, 2019 11:39 PM

Are current high Bitcoin transaction volumes due to wash trading by exchanges
Home » High Bitcoin (BTC) Transaction Volumes May Be Fraudulent Spirits are high for many Bitcoin investors, despite the fact that the price of Bitcoin remains pretty dismal. This is primarily because the number of daily transactions on the Bitcoin network is at a one year high. BTC transactions were above 280,000 for the first time since January 2018. The major difference, of course, is that Bitcoin prices were also near all-time highs in January 2018, with prices recently having touched $20,000 per coin. Over the last year, the price of Bitcoin has dropped nearly 80 percent. As of this writing, Bitcoin is trading at $3,700.
January 12, 2019 11:35 PM

Learn Cryptocurrency Trading & Free Crypto Signal on Telegram - The Bitcoin Forum
Users browsing this forum: No registered users and 1 guest is just one domain name used to promote Bitcoin. is not an official website. Just like nobody owns the email technology, nobody owns the Bitcoin network. As such, nobody can speak with authority in the name of Bitcoin.
January 12, 2019 9:25 PM

Acquiring Crypto: Simple Steps to Buying Your First Bitcoin
There?s a good chance you?ve talked to a friend about Bitcoin. Or maybe heard about this ?crazy digital currency? in the news, but haven?t tried to obtain any because you think it might be difficult. These days, acquiring cryptocurrency is actually very easy, with various avenues you can take to purchase your first coins. Also read: A Look at Some of the ?Next Generation? Mining Rigs Available Today In the early days, acquiring bitcoins wasn?t so easy and people jumped through all kinds of hoops in order to get some. Nowadays, the crypto ecosystem is vast, with multiple exchanges and various digital assets sold for fiat currencies. People can purchase cryptocurrency using methods like credit and debit cards, cash, Paypal, money orders, and even basic barter arrangements. If you?ve been looking for ways to buy a cryptocurrency like bitcoin cash (BCH) ? or any other digital asset ? then this article is for you.
January 12, 2019 9:03 PM

Why a Big Hedge Fund is Hopeful Bitcoin ETF Launches in 2019
The cryptocurrency community is divided on whether a Bitcoin exchange-traded fund (ETF) will be approved within 2019. Bitwise, as crypto hedge fund, believes the crypto trading ecosystem has evolved to a point in which an ETF could emerge. John Hyland, the global head of ETF at Bitwise, said that the firm is optimistic about the approval of a Bitcoin ETF by the year?s end, noting ?we are optimistic that 2019 should be the year that a bitcoin ETF launches.? Following the rejection of ten Bitcoin ETFs in 2018, the U.S. Securities and Exchange Commission (SEC) outlined various reasons to justify their decision to deny the launch of a Bitcoin ETF.
January 12, 2019 8:18 PM

#ALCEDO's goal is development and implementation of a user-friendly #Blockchain based platform to handle all transactions related to crypto currencies
We are aiming at a widespread acceptance of crypto currencies and Alcedo-Tokens ALCEDO creates an ecosystem that implements blockchain technologies into everyday life. It makes crypto currencies accessible and usable for everybody around the world. We are aiming at a widespread acceptance of ALCEDOs and other crypto currencies. To achieve our goals, we?re starting to build a network of ALCEDO-Points At every ALCEDO-Point one can buy, sell and exchange currencies (BTC, ALCE, EUR, etc.) with the help of professional consultants. The ALCEDO-Coin (ALCE) is an important part of our ecosystem, as it is a means for handling our service fees and rewards program.
January 12, 2019 8:13 PM

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