Bitcoin News Summary – November 12, 2018

Here’s what happened this week in Bitcoin in 99 seconds.    A strong move in Bitcoin Cash price comes in the run-up to the Bitcoin Cash SV hard fork, scheduled this week. On this date, Bitcoin Cash will split into Bitcoin Cash ABC, backed by Jihan Wu, Amaury Sechet, and Roger Ver, and Bitcoin Cash SV, backed by Calvin Ayre and Craig Wright. If you hold BCH, ensure that you’re prepared. Pure Bit, a South Korean crypto exchange has completely shut down after raising $2.8 million in Ethereum from…

Bitcoin News Summary – November 5, 2018

Here’s what happened this week in Bitcoin in 99 seconds.  Former US congressman and famous Libertarian, Ron Paul, advocated for the abolition of all taxation on cryptocurrencies. Paul said such a move may prevent recession. He also supported President Trump’s recent criticism of the Federal Reserve. Venezuela’s state cryptocurrency, the Petro, was officially launched. However, reports indicate that only Petro certificates are currently being sold, not actual crypto coins. South Korea’s central district court ruled that banks may not terminate partnerships with crypto exchanges without good reason. The country’s…

Bitcoin News Summary – October 29, 2018

Here’s what happened this week in Bitcoin in 99 seconds.  Crypto markets remain steady this week. Markets were largely unchanged from last week, with Bitcoin holding the $6,400 level, Ethereum keeping its $200 level, XRP steady at 45 cents and BCH holding the $440 range. The total crypto market cap is now at around $209 billion, of which Bitcoin’s value comprises 53.6%. Japan’s Sony Corporation announced a new crypto hardware wallet. The wallet uses contactless technology, meaning that it doesn’t have to be plugged into a PC or mobile…

Tron React to Partnership News as Gemini Supports Litecoin

Overly, bears are in control. Despite the recoveries especially in Tron, Litecoin and EOS, sellers should be actively unloading at spot rate. Tron prices are buoyant because of Justin Sun shills but could crash if the said partnership doesn’t meet the community’s expectations. Furthermore, there are news of Gemini accepting Litecoin deposits beginning today. This is positive for price. Even if trading begins three days later, it could inject extra liquidity from investors keen on regulation and insurance. Let’s have a look at these charts: EOS Price Analysis Often, the…

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions. CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage firm TD Ameritrade and Ivy League U.S. university Yale moving into crypto – are “related to investment & speculation.”  Neuner suggested that perhaps such news was not moving the market because the market is…

Bitcoin News Summary – October 1, 2018

Here’s what happened this week in Bitcoin in 99 seconds.    Google is ending its ban on crypto-related adverts across the US and Japan. The ban was put in place this June. It’s expected this will boost adoption by exposing more people to crypto. Bitmain published its IPO prospectus, making public its recent financial statements. Analysis shows a net loss of nearly $400 million in the second quarter of 2018, but also a $442 million investor bailout in August. The company also claims almost 75% of the ASIC miner…

Bitcoin News Summary – September 24, 2018

Here’s what happened this week in Bitcoin in 99 seconds.  A vulnerability in the Bitcoin software was revealed this week but quickly patched in a later version. Although the bug is difficult and costly to exploit, a malicious miner could use it to potentially cause a blockchain split. If you’re running Bitcoin Core, updating to the latest version is strongly recommended. Ripple’s price was stronger in the week on news that the xRapid protocol is nearing completion and the announcement of Ripple’s new remittance partnership with America’s PNC Bank.…

Crypto Daily News | Crypto Market Rebounds; Coinbase Reponds

In today’s edition of Crypto Daily News, we’ll cover the details of the crypto market rebound and Coinbase’s official statement regarding the proprietary trading allegations. Crypto Daily News: September 20th, 2018 Crypto Market Rebounds The crypto market is rebounding this morning, after taking a sharp fall last week after rumors spread that Goldman Sachs (NYSE:GS) wasn’t focusing on a cryptocurrency trading desk. Later, GS confirmed that the news was “fake” and that the desk is, in fact, ready, but waiting for demand. Currently, the crypto market is trading just above…

Crypto Daily News | Former SpaceX Engineer Starts a Crypto Exchange

In today’s edition of Crypto Daily News, we’ll cover the details of the SpaceX engineer’s new crypto exchange and what Zimbabwe’s Finance Minister said about crypto lately. Crypto Daily News: September 17th, 2018 Former SpaceX Engineer Starts a Crypto Exchange Joshua Greenwald, former SpaceX engineer, is currently the CEO of LXDX and the company just announced that it is launching its own public digital currency exchange. LXDX currently holds its own proprietary software that’s focused on levels of performance not currently seen in the current crypto market. LXDX offers a low…

Bitcoin News Summary – September 17, 2018

Here’s what happened this week in Bitcoin in 99 seconds.  Coinbase announced the doubling of its February staff count, to 500 permanent members. Coinbase CEO, Brian Armstrong, predicted 1 billion crypto users within 5 years. The SEC suspended the Swedish Bitcoin and Ethereum ETFs within America known as “Bitcoin or Ethereum Tracker One”. On the other hand, a regulated Bitcoin ETF was launched on Canadian markets. Known as the FBC Bitcoin Trust, the ETF will allow accredited Canadian investors exposure to Bitcoin’s performance through their bank account or pension…