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Thursday, December 6, 2018
CryptoCurrency News: When Bitcoin’s Price Breaks Down, It Follows a Pattern
When trying to predict the future price of bitcoin, it's impossible to do so without first looking at its past.
via CoinDesk
CryptoCurrency News: Bitcoin Drops Below $3.4K to Set a New 2018 Low
Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again hit a fresh 2018 low below $3,350 amid a greater crypto market sell-off.
via CoinDesk
CryptoCurrency News: Binance Launches Multi-Account Feature for Institutional Crypto Traders
Binance is launching sub-accounts, allowing institutional investors to create multiple accounts for different employees.
via CoinDesk
CryptoCurrency News: ConsenSys Confirms Layoffs, Projecting 13% of Staff at Startups to Be Cut
In a statement shared Thursday, ConsenSys announced that it is letting go 13 percent of its staff.
via CoinDesk
CryptoCurrency News: Morgan Creek Digital Is Betting $1 Million That Crypto Can Beat the S&P 500
Morgan Creek Digital wants to echo Warren Buffett's famous bet by wagering $1 million that crypto will outperform the S&P 500 over 10 years.
via CoinDesk
CryptoCurrency News: Bets On Bitcoin Price Decline Hit 6-Week High
The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday.
via CoinDesk
CryptoCurrency News: Coinbase Wants to Own ‘BUIDL’ Trademark, Filing Reveals
A filing with the U.S. Patent and Trademark Office reveals that crypto exchange Coinbase wants to own the term "BUIDL."
via CoinDesk
CryptoCurrency News: 4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda
Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.
via CoinDesk
CryptoCurrency News: BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody
Ex-Banker Dick Corcoran will oversee billions of dollars in value as CEO of the recently formed BitGo Trust Company.
via CoinDesk
CryptoCurrency News: Swiss Post, Swisscom Developing New Blockchain Platform on Hyperledger
Swiss Post and Swisscom have teamed up to build an infrastructure for blockchain applications on Hyperledger Fabric.
via CoinDesk
CryptoCurrency News: Bitcoin Still on Defensive But Rally Possible Over $3.9K
Bitcoin remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900.
via CoinDesk
CryptoCurrency News: Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total
Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.
via CoinDesk
CryptoCurrency News: US Government Offering Up to $800K for Anti-Counterfeiting Blockchain Solutions
The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.
via CoinDesk
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