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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: SEC Again Delays Decision on VanEck-SolidX Bitcoin ETF



The SEC has postponed its decision on the VanEck/SolidX bitcoin ETF to February 2019.

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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