Bitcoin News (BTC) - Page 74

Taking a Look at This Crypto: Bitcoin-Cash (BCH
Taking a look at some recent cryptocurrency market activity, we can see that Bitcoin-Cash (BCH.CR) has made a move to $10 on volume of 11. Crypto investors will be tracking the coin to see which way the price trends over the next few weeks. Investors may be wondering to what extent, if at all, they should be focusing on cryptocurrencies. The crypto phenomenon has picked up steam over the past six months, and even those who thought the craze would pass, are now most likely paying closer attention. Because the space is still relatively new, seasoned professionals may be putting in overtime to try and decipher the crypto market. As the bigger players start to become more involved in the space, it should be highly interesting to see what shape the market takes as a result.

From January 10-11 Bitcoin Cash (BCH) has moved down more than -19
Bitcoin Cash (BCH) had a bad 24 hours as the crypto declined $-30.95 or -19.16% trading at $130.61. According to Cryptocoin Experts, Bitcoin Cash (BCH) eyes $143.671 target on the road to $197.493532610921. BCH last traded at Exmo exchange. It had high of $161.72 and low of $128.17 for January 10-11. The open was $161.56. About 186,404 BCH worth $25.77M traded hands. Bitcoin Cash (BCH) is up 34.61% in the last 30 days from $97.03 per coin. Its down -74.70% in the last 100 days since when traded at $516.3 and the annual trend is down. 200 days ago BCH traded at $754.23. BCH has 17.48M coins mined giving it $2.28 billion 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 11, 2019 9:02 PM

China Quietly Makes It Illegal to Run a Bitcoin Node (Or Any Node) Without Gov't Approval
Reading: China Quietly Makes It Illegal to Run a Node Without Gov?t Approval Georgi Georgiev | Jan 11, 2019 | 12:00 Georgi Georgiev | Jan 11, 2019 | 12:00 China has introduced new regulations intended to promote the ?healthy development? of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  China?s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed ?Regulations on the Management of Blockchain Information Services.? According to the release, the new law will take full effect on February 15th.
January 11, 2019 8:52 PM

Bitcoin Could Fall Below $3,000, Civic CEO States As Currency Drops Another $160
On January 9, Bitcoin dropped $250 in thirty minutes, taking everyone by surprise. The currency traded around $3,800 for a day, but even this couldn?t hold. Earlier today, Bitcoin lost another $160 to trade just above $3,650. A brief fightback saw the currency get back over $3,700, but the rally was shortlived. At press time, Bitcoin was trading at $3690. On Coinbase Pro and Bistamp, the currency was trading below $3,650. And the short-term future doesn?t look too promising for investors, at least not according to Vinny Lingham. Lingham is the CEO and founder of Civic, a blockchain identity management platform and a prominent crypto markets commentator. In a recent interview, Lingham stated that he believes Bitcoin will test $3,000 soon, and might even breach it. His remarks come two months after he warned investors against investing in Bitcoin before it reclaims $6,000.
January 11, 2019 8:47 PM

VeriBlock Now Accounts For 20% Of All Daily Bitcoin Transactions
The juice of blockchain in one conference Veriblock, a blockchain-based project that tends to improve Bitcoin?s security, has apparently grown so much that it accounts for around 20% of all daily bitcoin transactions, according to the latest report. Jameson Lopp, the CTO of Casa, published this information on his Twitter account. Source of the now-highest volume of OP_RETURN outputs has been identified as @VeriBlock "proof of proof" miners. They are creating around 20% of all BTC transactions now. Seems inefficient to me; will be interesting to see if the incentives work long term.
January 11, 2019 8:41 PM

Japan Bitcoin ETF Approval Might Affect US Securities and Exchange
Japan appears to be complicating everything for the US Securities and Exchange Commission (SEC) after the country?s Financial Services Agency (FSA) approved the first Bitcoin ETF. Not many expected the FSA to pull the move as market observers feel the approval will influence the SEC final decision. READ: Will Japan Be One The First Markets To Play With ETFs? The US SEC is still undecided on whether to approve the Bitcoin ETF in February this year and this continues to create uncertainty in the market especially for the US-based enthusiasts. There is no guarantee that the approval. This comes after Hester Peirce, a pro-crypto and SEC commissioner, cautioned investors against waiting for the Bitcoin ETF to be affected since it may take years.
January 11, 2019 8:38 PM

Hey guys Im creating a Bitcoin news website and wrote my first article explaining what Bitcoin is
Bitcoin is a very complex and interesting new technology that has the power to reshape the world and economy we live in today. Bitcoin challenges many centralized powers and offers solutions to many economic problems our world faces today such as; Inflation, Dept and imbalanced wealth distribution. With all these potential solutions in mind, it is a shame the majority of the world still asks the question what is Bitcoin? To answer this question we have to start at the beginning. Bitcoin was released as an open-source software in 2009 and is the world?s first cryptocurrency. Think of Bitcoin as a digital currency that only exists electronically.Bitcoin is decentralized, which means that it doesn?t have a central issuing authority or political institution that controls the amount of bitcoin in circulation. This means that unlike the US dollar no entity or institution can print Bitcoin or take down the network as it is protected by mathematical code.
January 11, 2019 8:05 PM

Bitcoin Core Developer Says 51% Attack is Really Hard
A lot of discussions have been ongoing lately surrounding the occurring of suspicious mining related to Ethereum Classic (ETC). The discussions follow the announcement made by Coinbase, a major crypto exchange, stating that the platform detected ?chain reorganizations? and double spends on the ETC blockchain. The activities were defined to be a 51% attack on the blockchain. Many crypto users further discussed the possibility of 51% attacks on other cryptocurrencies that utilize Proof-of-Work (PoW) algorithm. Some tweeted their opinions stating that a cryptocurrency must be susceptible to a 51% attack to be considered decentralized, among them included Litecoin (LTC) creator Charlie Lee.
January 11, 2019 7:36 PM

A Proof of Proof Startup Is Building Their Entire Blockchain with Bitcoins 80 Bytes of Data as Foundation
Advertise with Us Jobs at BTCManager BITCOIN PRICE: 3,638.16     HIGH: 3,798.84     LOW: 3,503.44 At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a? Don't miss out on the latest news Get BTCMANAGER delivered right to your inbox January 11, 2019 9:00 by Nuno Menezes Bitcoin enables 80 bytes of Arbitrary data to be included on its blockchain. VeriBlock, a new startup trying to develop the OP_RETURN command has now started a debate where it argues that this additional space can be used without being considered as spam. VeriBlock is a new company that is trying to leverage OP_RETURN. The startup has motivated a series of debates on how these 80 bytes could be used without being considered spam transactions.
January 11, 2019 7:29 PM

The Yellow Vests Are The New Face Of Bitcoin
Protestors across France have turned their sights on the banks. Spencer Kellogg on January 11, 2019 By Spencer Kellogg | Spencer_Kellogg Paris is still burning. While the American public (by way of the American media) has largely been kept in the dark about the intense protests that have engulfed France and other parts of continental Europe, the severity of the situation continues to escalate. This week, the Yellow Vests called for French citizens to withdraw money from their banks. This action would essentially create a run on the financial system of France and potentially starve the Euro. Officials are calling this their ?worst nightmare?. In anticipation of the event, some French banks have resorted to limiting bank withdrawals to ?150 while others are not allowing customers to access their accounts at all.
January 11, 2019 7:28 PM

Google Forces Popular Bitcoin Wallet to Cut Key Security Features
Samourai Wallet, a popular Bitcoin wallet, announces that it has to disable key security features due to pressure from Google. In our internet age, it?s an interesting phenomenon to have so much power concentrated in the hands of a few technological companies. While this allows for an easier road for common standards in some regards, quite a few people are leery of having to always play by a company?s rules, especially if they are deemed arbitrary. The most powerful company in this regard is Google, and they are once again impacting the cryptocurrency ecosystem. Samourai Wallet was created a few years ago by privacy advocates. As such, their Bitcoin wallet boasts a number of key features to allow for greater anonymity. (One could argue that Google despises anonymity as they make their money by collecting, using, and selling data from its users.)
January 11, 2019 7:08 PM

Guardian article: "I lost $1m on Bitcoin" (fake headline, not really lost)
I got caught up in the hype. Then the bubble burst Fri 11 Jan 2019 10.00 GMT Last modified on Fri 11 Jan 2019 20.02 GMT Until 2016, I ran an advertising agency in London. At our peak, we were highly successful; I had a team of 35 people, a £3m turnover and a Covent Garden office. When the agency folded, I decided to invest in bitcoin. Bitcoin is a cryptocurrency, a type of electronic cash that allows people to spend or trade via a peer-to-peer network without the involvement of banks or other intermediaries. It is a cheap, efficient way of transferring funds or holding value, which can be converted back into sterling at any time. I had used it before to buy treatment online for my mother after she was diagnosed with cancer. I had also dabbled with investing in it in 2013, and made and lost some money: bitcoin is prone to sudden fluctuations in value. But the market seemed to have moved on, and I decided it could be a good way to make some profit on my savings.
January 11, 2019 7:06 PM

Bitcoin Price Attains $3679
Bitcoin (CURRENCY:BTC) traded down 8.9% against the US dollar during the 24 hour period ending at 15:00 PM E.T. on December 26th. Bitcoin has a total market capitalization of $64.30 billion and $6.78 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin has traded down 4.3% against the US dollar. One Bitcoin coin can currently be bought for $3,679.73 on popular cryptocurrency exchanges including OOOBTC, CPDAX, RightBTC and Coinsuper. Here?s how related cryptocurrencies have performed over the last 24 hours: Bitcoin Cash (BCH) traded 15.3% lower against the dollar and now trades at $135.35 or 0.03682302 BTC.
January 11, 2019 7:03 PM

BREAKING: Ethereum Classic (ETC) Hit With 51 Percent Attack A Week Before Ethereum (ETH) Constantinople Hard Fork Crypto
Ethereum Classic (ETC), which is listed on Coinbase and ranked number 17 on CoinMarketCap with a market cap near $550 million, has been hit with a 51 percent attack. The attack appears to have occurred from 9 p.m. Jan. 6 to just after midnight on Jan. 7 and resulted in a blockchain reorganization hundreds of blocks deep. This news is just breaking now, and ETC?s price is down 7 percent, shaving $40 million off its market cap. The number of double spends during this 51 percent attack, if any, is unknown at this time. It is recommended to wait for 400 plus confirmations before accepting any Ethereum Classic (ETC) transaction.
January 11, 2019 7:02 PM

New York Opens Blockchain Center to back Bitcoin Despite Crypto's Declined Performance
In the year 2018, cryptocurrencies were at an all time low, with Bitcoin (BTC) having a 70% decrease in its value and other altcoins dropping 90% in value compared to when crypto was at its glory in 2017. However, New York seems to still have faith in the market and the technology supporting it. The state recently announced the establishment of the country?s first cryptocurrency task force to study regulations on crypto and its usages. The task force also aims to depict the definition of digital currencies. Bloomberg reported on 10 January 2019 that the New York City Economic Development Corporation (NYCEDC) announced the opening of its 4,000-square-foot Blockchain Center located in the Flatiron District of Manhattan.
January 11, 2019 7:01 PM

BitVision Bitcoin trading and charting entirely in the terminal
GitHub is home to over 28 million developers working together to host and review code, manage projects, and build software together. Use Git or checkout with SVN using the web URL. If nothing happens, download GitHub Desktop and try again. If nothing happens, download GitHub Desktop and try again. If nothing happens, download Xcode and try again. If nothing happens, download the GitHub extension for Visual Studio and try again. BitVision is a real-time charting and trading dashboard for Bitstamp that works entirely in the terminal. It comes with an automated trading bot that uses machine learning to forecast price movements and place risk-adjusted daily trades.
January 11, 2019 7:00 PM

What Are The Silver Linings of the Bitcoin Bear Market
Emotions are running incredibly high within the crypto community at the moment. Bitcoin, often regarded as one of the safer cryptocurrency options has crashed nearly 80% from it?s all-time-high earlier this year and alternative coins have seen an even worse fate. Ethereum is closer to a 90% fall, XRP is down 90% also, Litecoin has fallen roughly 93% and the bloodbath continues across the entire market. The bull-run that occurred roughly a year ago attracted a huge new wave of adopters and the downturn spread a great deal of panic amongst the newcomers. However, the veterans in the field are showing no signs of fear. It is important to recognise that the individuals who understand the market best are not experiencing the same anguish as the new arrivals and this highlights two types of crypto personalities: the short-term inexperienced profit hunters and the future ideologists.
January 11, 2019 6:39 PM

Bitrefill Channel-Opening Service Makes Accepting Lightning Payments Easy
Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system. Crypto payment platform Bitrefill has launched Thor, a service that allows customers to open Lightning channels on demand. Thor will connect to Bitrefill's node on the Lightning Network, allowing users to receive Lightning payments whether they have bitcoin loaded into their Lightning wallets or not. "This service will let the customer get an empty lightning channel opened to them from Bitrefill?s node, on the Lightning Network. Now anyone can now pay for, or gift, the ability to have a channel opened to a Lightning wallet in order to receive payments over Lightning at any time," according to a company announcement.
January 11, 2019 6:17 PM

Bitcoiner 2029: Another Ten Years On
The following is an imaginative, fictitious account of what the world could look like in 2029 and how Bitcoin might evolve to revolutionize economic, monetary and free-market systems. Unfortunately, time machines haven?t been invented in this speculative future so we couldn?t verify the accuracy of the narrator's experience ? please take the following story with a healthy grain of idealistic salt. As I walked out on the tarmac, the West Coast winter climate, brisk and sharp, broke over me. The sun set over the west bay in a splendor of sherbert radiance. Some 20 miles away, I envisioned the sepia luster of the Golden Gate stretching across the bay, that bastion of 20th century industry blending with the gradually darkening backdrop of the day?s paling light.
January 11, 2019 6:17 PM

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