Bitcoin continues its downward price action, currently sitting at around $3700 on Blockmodo at time of writing. Over the past few days, Bitcoin has dropped in price with conviction, seeing a lack of buyers coming in to provide significant relief.
One current opinion sees Bitcoin waiting for a decisive move downward, complete with a long wick, followed by significant buyer volume coming in to reverse price, as well as possibly the trend.
Let’s see what the charts may indicate.
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-
Bitcoin price action update: 11/26/18
-
Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay
Civil was supposed to create a more transparent and democratic model for journalism, but so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired. -
Bitcoin Crashes to 2018 Low, Could Falling Hash Rate and BCH Civil War Be to Blame?
via newsbtc.comAs Bitcoin spirals to new 2018 lows and drags the enitre cryptocurrency market down with it, investors and analysts are becoming increasingly interested in the factors that could be contributing to this drop that extends further than simply a lack of buying volume and increased selling pressure.
At the time of writing, Bitcoin is trading up marginally at its current price of $3,800, posting slight recoveries from this weekend’s drop, where the cryptocurrency’s price fell to new -
Bitcoin Price Continues to Bleed as Market Fails to Find a Bottom
The bitcoin price on Monday continued its crash course despite showing gains during the early Asian trading session. The digital currency attempted a go at its yearly low at ~$3,455 after reversing from its intraday peak at $4,115. That overall marked a circa 14 percent crash, setting standards for a further bearish action. The BTC/USD … Continued
The post Bitcoin Price Continues to Bleed as Market Fails to Find a Bottom appeared first on CCN -
Bitcoin Cyber Monday: Deals, Shopping Tips, and Discounts
via newsbtc.comIt’s Cyber Monday, and that means there are deals and discounts for cryptocurrency investors to take advantage of.
After families everywhere gather for Thanksgiving and appreciate the things they have in life, the day immediately after, known as Black Friday, is a day for trampling others in retail stores in order to buy the things you don’t have, usually at a deep discount. The savings extend from retail to online the first Monday following after Black Friday in a day dubbed Cyber M -
Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer
A Node.js module called event-stream is used in millions of web applications, including BitPay’s open-source bitcoin wallet — Copay — and this module was reportedly compromised thanks to what can objectively referred to as social engineering, laziness, and incompetence. A user with very little coding activity on GitHub requested publishing rights to the event-stream library … Continued
The post Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Develop -
France’s Regulators Issues Warning over Purchasing Bitcoin from Tobacconists
via newsbtc.comFrench financial regulators and the national central bank have responded to the news that tobacco shops will start selling Bitcoin in 2019. In the post, they reiterate the risks associated with investing in or trading digital assets.
French Regulators: Crypto Not Suitable for Unsophisticated Investors
Last week, NewsBTC covered some pretty big news that in the wake of the bloodshed from the markets, seems to have been widely overlooked.
Cryptocurrency startup Keplerk has come to an agreement wit -
Alleged Bitcoin Launderer Begins Hunger Strike to Protest Western Extradition
Alexander Vinnik, the alleged administrator of defunct bitcoin exchange BTC-e, reportedly began a hunger strike on Monday following a series of developments in his case that has seen authorities in the US, France, and Russia jockey to extradite him into their custody. A report by Russian news agency TASS revealed that the head of Vinnik’s legal … Continued
The post Alleged Bitcoin Launderer Begins Hunger Strike to Protest Western Extradition appeared first on CCN -
XRP Nears Longest Stretch as World’s Second-Largest Cryptocurrency
XRP has remained the world's second largest cryptocurrency by market capitalization for the past 11-days, which is its longest stretch at #2 since 2016. -
Will Ohio’s Acceptance of Bitcoin for Tax Payments Increase Legitimacy of Crypto?
Businesses in the state of Ohio are now permitted to settle tax payments using Bitcoin (BTC). State Treasurer Josh Mandel, who initially proposed the integration of Bitcoin to the state to facilitate the growth of the local cryptocurrency industry, stated that he views the dominant cryptocurrency as a legitimate form of currency. “I do see [bitcoin]
The post Will Ohio’s Acceptance of Bitcoin for Tax Payments Increase Legitimacy of Crypto? appeared first on CCN -
Has the crypto revolution hit a wall?
The crypto revolution has been thwarted by the old guards for now. But more importantly, its progress has been impeded by focusing on the esoteric ideals and constant bickering amongst its leaders, too much energy has been wasted on the attempts to storm the Bastille and overthrow the old order instead of building bridges. However, the race is not always to the swift, there is still time to make amends.
The Hare was soon far out of sight
The adoption of blockchain technology has been adva -
4 Blockchain Projects Solving Real-World Problems
via newsbtc.comFrom wealth management to autonomous robots: four prominent startups at the end of 2018
Investors are no longer interested in ICO projects with no real use. According to Icodata, $150 million were raised in October 2018 through token sales compared to $1.5 billion in January of the same year. “The blockchain space is getting to the point where there’s a ceiling in sight,” claims Ethereum co-founder Vitalik Buterin. The Russian-Canadian programmer believes that the next step wil -
Bitcoin Sets New Low over Weekend, Continues Dropping on Monday
via newsbtc.comOver the weekend, Bitcoin continued its downwards tailspin due to weak buying volume, and many of the cryptocurrency market’s losses have stretched into Monday. The persisting market decline is now leading traders and investors alike to question how low the markets will go before they hit a bottom.
At the time of writing, Bitcoin is trading up 1% at its current price of $3,800. Over this past weekend, Bitcoin set a new yearly low at approximately $3,500, from which it temporarily recovered -
Bithumb Holds a Payback Event of Up to 70% of Transaction Fee for Foreign Users
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Transaction Fee Return Benefit for Cryptocurrency Transactions of 700 million KRW or More during the Event Period SEOUL, South Korea, Nov. 21, 2018- The global cryptocurrency exchange Bithumb
The post Bithumb Holds a Payback Event of Up to 70% of Transaction Fee for Foreign Users appeared first on CCN -
Bitcoin Price Will Bottom at 85% Discount to All-Time High: Morgan Creek
Anthony Pompliano, who works in Morgan Creek’s Digital Assets division, told CNBC’s Squawk Box on Monday that he believes the Bitcoin price is essentially going to bottom out with an 85% reduction in value from its previous all-time high. Prefacing that his forecast is based on previous experience in the crypto markets, he said: “85%
The post Bitcoin Price Will Bottom at 85% Discount to All-Time High: Morgan Creek appeared first on CCN -
Bulgarian Police Arrest 3 in $5 Million Cryptocurrency Theft
Police said that $2 million-worth of cryptocurrency is still missing -
Amun Crypto ETP Launch Sees Minimal Interest, Fails to Curb Bears
via newsbtc.comSince’s the commencement of crypto’s bear market in 2018, investors in this budding asset class have sought to find refuge, banking their cryptocurrency holdings on a number of prospective catalysts, including the advent of institutional players and the formulation of a Bitcoin-backed exchange-traded fund (ETF).
So, many thought their prayers were answered, when Amun, a European fintech firm, introduced a Switzerland-based exchange-traded product (ETP) centered around Bitcoin, Ethere -
Securitize Raises $12.75 Million to Tokenise the $7 Trillion Securities Industry on the Blockchain
Securitize, a compliance platform for digitising securities on the blockchain, has raised $12.75 million to tokenise the $7 trillion securities industry. The Series A fundraising round was led by Blockchain Capital, and saw investment from others including Coinbase Ventures, Global Brain, NXTP and OK Capital. This round of funding comes ahead of Securitize’s plans to […]
The post Securitize Raises $12.75 Million to Tokenise the $7 Trillion Securities Industry on the Blockchain appea -
Coinbase Backs Security Token Startup’s $12.7 Million Funding Round
Security token startup Securitize has raised $12.75 million in Series A funding backed by Coinbase Ventures and Ripple's Xpring, among others. -
SCI Launches Enterprise Blockchain Division in the Philippines
Satoshi Citadel Industries Ventures (SCI), a blockchain startup from the Philippines, has launched a new enterprise blockchain division called SCI Blockchain Technologies. SCI, a licensed virtual currency business in the Philippines, operates a portfolio of crypto-related products that include BuyBitcoin.ph, one of the first Bitcoin brokerages in the Philippines, Rebit.ph, a blockchain cross-border remittance service, […]
The post SCI Launches Enterprise Blockchain Division in the Philipp -
Files.fm Library to Set New Standards for Digital File Libraries
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
The post Files.fm Library to Set New Standards for Digital File Libraries appeared first on CCN -
Are Institutional Investors Accumulating Bitcoin While Retailers Panic?
Over the past month, the cryptocurrency market has experienced one if its worst sell-offs in all of 2018 as the price of Bitcoin dropped 35 percent. Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim, suggested that while retail traders or individual investors are selling in the cryptocurrency exchange market,
The post Are Institutional Investors Accumulating Bitcoin While Retailers Panic? appeared first on CCN -
Coincheck Has Now Reinstated All Cryptos After January Hack
Japanese crypto exchange Coincheck, which suffered a major hack in January, has now reinstated services for all listed tokens on its platform. -
Bitcoin Cash Price Rallies Toward $200 as CoinGeek Ends BCH ‘Hash War’
The bitcoin cash price on Monday made a charge back toward the $200 level, bolstered by the announcement that CoinGeek had formally called for an end to the “hash war” that had threatened to destabilize the BCH network following this month’s contentious hard fork. Bitcoin Cash Price Crosses $200 But Pares Gains After entering the
The post Bitcoin Cash Price Rallies Toward $200 as CoinGeek Ends BCH ‘Hash War’ appeared first on CCN -
Blockstack CEO: Crypto Winter is Here But the Next Wave Will be Massive
via newsbtc.comSince the introduction of blockchain in 2008, there have been more than 80,000 digital ledger technology projects launched around the world. In 2016, a total of 29 crypto projects raised over $6 billion via tokenized crowdfunding (ICO). The next year, 871 ICOs raised a whopping $6 billion, causing a wave of investment into the blockchain space. And in 2018 – this year – over 800 ICOs have announced their blockchain products.
But a “crypto winter” may end up freezing a maj -
SpankChain Has Paid Camgirls $70,000 Worth of Crypto in 6 Months
Since raising $6 million in a 2017 ICO, porn startup SpankChain has differentiated itself by actually delivering a crypto-powered platform with users. -
Bitmain faces lawsuit for allegedly cryptojacking customers
Bitmain is in hot water once again, facing a $5 million class action lawsuit from customers who allege the firm was using its hardware to mine crypto without customers’ knowledge.
On November 19th, plaintiffs accused the mining firm of using its devices to mine cryptocurrency for its own benefit while customers set up the product. The lawsuit names over 100 class members, and totals over $5 million, though the exact fine is still under fierce debate.
One of the complaints reads, “Unt -
Crypto Regulation in the UK: Is a Healthy Balance Possible?
Does regulation on cryptocurrencies in the UK need to be tightened or loosened? -
Bitmain Faces $5 Million Lawsuit Over Alleged Unauthorized Crypto Mining
Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm. -
Coincheck Resumes XRP Trading, 10 months On From Infamous $530 Million Theft
Embattled crypto exchange Coincheck has announced the resumption of trading pairs for XRP and FCT tokens effective Monday, November 26. In a statement on its website signed by company President Toshihiko Katsuya, it was revealed that starting from Monday, deposits and sales of the two cryptocurrencies will be partially restored alongside a few ancillary services.
The post Coincheck Resumes XRP Trading, 10 months On From Infamous $530 Million Theft appeared first on CCN -
Bitcoin Bounces Off $3,500, Analysts Skeptical That Crypto Bottom Is In
via newsbtc.comOn Saturday, after Bitcoin’s days of relative stability at $4,300, a fresh wave of selling pressure washed over crypto investors worldwide, sending Bitcoin well below its purported support levels at $4,000 and $3,800. The move, which came alongside an influx of trading volume, came seemingly unanswered at first. Bitcoin’s market cap shriveled to a mere $62 billion, while altcoins underwent a sharp sell-off, sending this industry’s cherished assets off metaphorical cli -
Up 15%: Bitcoin’s Price Bounces Back After 14-Month Low
Bitcoin's 15-percent recovery from the 14-month low hit yesterday may have opened the doors for short-term price consolidation -
UK Financial Regulator to Investigate Non-Complaint Crypto Businesses Further
The UK’s financial watchdog is stepping up its scrutiny of the cryptocurrency sector, even as prices continue to regain their position, over last week’s bloodbath, which saw the total market cap for cryptos shed almost 80 percent of its value. According to a Telegraph Money report published on the Telegraph UK, the number of businesses being
The post UK Financial Regulator to Investigate Non-Complaint Crypto Businesses Further appeared first on CCN -
Crypto Market Adds $12 Billion in Sizable Recovery; Major Assets Surge 10%
Over the past 24 hours, following a steep decline in the price of major cryptocurrencies, the crypto market added $12 billion to its valuation. Within a relatively short span, the valuation of the crypto market increased from $115 billion to $127 billion as Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), and many other
The post Crypto Market Adds $12 Billion in Sizable Recovery; Major Assets Surge 10% appeared first on CCN -
10 Mining Watches to Be Won from Dobitrade
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
The post 10 Mining Watches to Be Won from Dobitrade appeared first on CCN -
Former Huobi and NYSE Executive is Launching a New Crypto Exchange
via newsbtc.comThe former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year.
BHEX to Offer Crypto, Fiat and OTC Trading
According to Businesswire BHEX raised $15 million in its equity from top-tier institutions including Huobi and OKEx. It is scheduled to launch at the end of this week and has attracted more than 70 token funds and 40 institutions to participate in the token round. The bear market and recent rout does not appear to be deterring crypto en -
Blind Optimism, or Hard Realism – What Does 2019 Hold for Bitcoin?
Charts produced by the NVT indicator show that things could significantly improve for Bitcoin by the end of next year. -
Central Bank has Final Say on Cryptocurrency Issuance: Malaysia’s Finance Minister
Malaysia has indicated that the country’s central bank has the last word regarding the introduction of new cryptocurrencies. According to the Minister of Finance, Lim Guan Eng, the country’s central bank Bank Negara Malaysia (BNM), will have to be consulted regarding cryptocurrency projects as the final decision rests with the apex bank. “This is where
The post Central Bank has Final Say on Cryptocurrency Issuance: Malaysia’s Finance Minister appeared first on CCN -
Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin
Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses. -
Bitcoin sinks as cryptocurrency sell-off gathers pace - Reuters
via reuters.comBitcoin sinks as cryptocurrency sell-off gathers pace ReutersBitcoin plunged more than 12 percent on Monday, extending falls in recent weeks in a broad-based selloff in digital currencies as sentiment sours. -
AMF Criticizes Tobacconists’ Bitcoin Scheme
The French regulator said Keplerk is unregulated and its products are unsuited to retail investors. -
AMF Criticises Tobacconists’ Bitcoin Scheme
The French regulator said Keplerk is unregulated and its products are unsuited to retail investors -
Bitcoin Price Watch: BTC/USD Recovery Facing Crucial Hurdle
via newsbtc.comKey PointsBitcoin price declined below $4,000 and $3,600 before buyers appeared against the US Dollar.
There is a major bearish trend line in place with resistance at $4,080 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price must break the $4,000 and $4,080 resistance to climb higher in the near term.Bitcoin price nosedived below $4,000 and $3,800 against the US Dollar. BTC/USD is currently recovering, but the $4,000 barrier is now acting as a resistance.
Bitcoin Price An -
Report: Contractors Threaten to Sue KodakOne over Outstanding Fees
KodakOne, a blockchain based rights management and protection platform for photographers, is owing contractors hired to develop its platform over $100K. According to a report on HardFork, KodakOne has been accused by a group of contractors of refusing to make payments of their contracting fees as at when due. In an email sent by UK
The post Report: Contractors Threaten to Sue KodakOne over Outstanding Fees appeared first on CCN -
Ohio Becomes First US State to Accept Bitcoin for Taxes
From today, business in Ohio can now use Bitcoin to pay for taxes. -
Ripple Is Making It Easier for Customers to Integrate XRP. They Aren’t Yet
Ripple's new version of xCurrent offers easier integration with xRapid, the product that leverages XRP. But so far, customers aren't taking the plunge. -
Ripple Is Making It Easier for Customers to Integrate XRP. So Far, They Aren’t
Ripple's new version of xCurrent offers easier integration with xRapid, the product that leverages XRP. But so far, customers aren't taking the plunge. -
Minor Relief as Crypto Markets Bounce From Another Yearly Low
via newsbtc.comFOMO Moments
A bounce from another 2018 low has occured; Stellar, Litcoin, Cardano, Zcash and Tezos recovering.
A minor bounce has offered a little relief for crypto markets this Monday as they are still reeling from another mass selloff over the weekend. Total market capitalization slid to a new yearly low below $115 billion on Sunday but markets have bounced off that and recovered somewhat over the past few hours.
Bitcoin, which has lost almost 44% since mid-November, hit a new 2018 low of jus -
Cardano Price Analysis: ADA/USD Eyeing Upside Break Above $0.042
via newsbtc.comKey HighlightsADA price declined sharply below the $0.0400 support and traded towards $0.0340 against the US Dollar (tethered).
There is a key bearish trend line formed with resistance at $0.0400 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely test the $0.0420 resistance level, which is a crucial barrier for buyers.Cardano price extended losses before buyers appeared against the US Dollar and Bitcoin. ADA/USD must break $0.0420 to gain upside momentum in the n -
Winning With Cryptocurrency - Georgia State University News
via news.gsu.eduWinning With Cryptocurrency Georgia State University NewsTwo Georgia State alums have made fortunes investing in cryptocurrency and are now sharing their secret sauce in a new book.
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