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Mark Karpeles of Mt Gox Faces Ten Year Sentence for Embezzlement

financemagnates | 12-12-2018

"I swear to God I am not guilty," said Karpeles in court.

Categories: BTC|Exchange|Asia
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London Taxi Driver Sells Bitcoin (BTC) to His Passengers

cryptoglobe | 12-12-2018

One London taxi driver loves Bitcoin (BTC) so much that not only has he been accepting bitcoin for his taxi services since 2017 but he also sells bitcoin from the back of his cab to his passengers.

Categories: BTC
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London Taxi Driver Sells Bitcoin (BTC) to Passengers From Back of His Cab

cryptoglobe | 12-12-2018

One London taxi driver loves Bitcoin (BTC) so much that not only has he been accepting bitcoin for his taxi services since 2017 but he also sells bitcoin from the back of his cab to passengers.

Categories: BTC
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Bitcoin History Part 4: Casascius Creates Physical Bitcoins

bitcoin.com | 12-12-2018

Bitcoin was born as a wholly digital currency, and it might have remained that way had it not been for the efforts of an early adopter from Utah. His name was Mike Caldwell, but on the Bitcointalk forum, he was better known as Casascius. The physical bitcoin creator took a digital phenomenon and converted into […]The post Bitcoin History Part 4: Casascius Creates Physical Bitcoins appeared first on Bitcoin News.

Categories: BTC
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Bitcoin Price Charts Indicate Glimmer of Hope for Corrective Rally

coindesk | 12-12-2018

Bitcoin's struggle to build a notable bounce could end if prices beat key resistance above $3,600.

Categories: Market|BTC|Trading
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UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency

ccn | 12-12-2018

It’s confirmed. The United Arab Emirates (UAE) and Saudi Arabia will work on cross-border digital currency. The exact date when it would be issued is still unknown but we know one thing, the digital currency is not targeted at consumers. It’s strictly for banks. Arabian news outlet Gulf News reports that the central bank ofThe post UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency appeared first on CCN

Categories: Regulation|Fiat
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Bitcoin to be completely illegal in India? Panel submits report.

coinnounce | 12-12-2018

Published on CoinnounceThe Government of India had earlier put a ban on financial institutions to deal in any transactions related to bitcoin and other cryptocurrencies earlier this year and later arrested Unocoin Co-founders for operating an unregistered Bitcoin ATM or Kiosk service in the country. The Government of India had earlier appointed a panel for drafting the […]The post Bitcoin to be completely illegal in India? Panel submits report. appeared first on Coinnounce.

Categories: BTC|Regulation
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Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed”

newsbtc | 12-12-2018

Although Bitcoin (BTC) has experienced an unquestionably dismal 2018, with BTC losing 80% of its value since its year-to-date high, there are still a number of skeptics hell-bent at putting the crypto industry six feet under. Case in point, the chief of a world-renowned financial institution, set in its traditionalistic ways, recently lambasted this nascent...The post Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed” appeared first on NewsBTC.

Categories: BTC|Regulation
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Coinbase Offers Venezuelans Crypto for Christmas

livebitcoinnews | 12-12-2018

Popular U.S. cryptocurrency exchange Coinbase is showing its charitable side by donating cryptocurrency to over 300 people in Venezuela. Tis the Season for Crypto To get ready for the holiday season, Coinbase has created a special program it’s calling “12 Days of Coinbase,” taken from the popular carol “12 Days of Christmas,” but instead of...The post Coinbase Offers Venezuelans Crypto for Christmas appeared first on Live Bitcoin News.

Categories: BTC|ZEC|Exchange
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Kraken Is Seeking ‘War Chest’ Investment at a $4 Billion Valuation

coindesk | 12-12-2018

Crypto exchange Kraken is seeking investment from select clients with a minimum $100,000 buy-in.

Categories: Exchange
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Crypto Exchange Gemini Launches New Mobile App

coinspeaker | 12-12-2018

CoinSpeakerCrypto Exchange Gemini Launches New Mobile AppCrypto exchange platform Gemini has finally introduced its mobile app that will facilitate crypto trading for users of Android and iOS devices.Crypto Exchange Gemini Launches New Mobile App

Categories: Exchange|BTC|ETH|LTC|ZEC
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Bitcoin Price Analysis Dec.12: Range is tightening, a major move is nearby

cryptopotato | 12-12-2018

Following yesterday’s analysis, whereas Bitcoin was consolidating in a tight range, the current situation is pretty much the same: For the past two days or so, Bitcoin is consolidating between $3330 and $3430. As we know from the recent weeks (since breaking down the $6000 support), Bitcoin doesn’t like to consolidate for a long term. […]The post Bitcoin Price Analysis Dec.12: Range is tightening, a major move is nearby appeared first on CryptoPotato.

Categories: BTC|Market|Trading
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Bitcoin Dominance Grows to Three Month High as Altcoins Falter

newsbtc | 12-12-2018

There have been no winners in crypto land this year, everything has been battered. Some have fared better that others, however, and Bitcoin remains on top of the pile despite having lost half its value over the past month or so. Highest Dominance For Three Months Bitcoin dominance has made it to a three month...The post Bitcoin Dominance Grows to Three Month High as Altcoins Falter appeared first on NewsBTC.

Categories: BTC|Altcoin
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Ethereum Price Analysis: ETH Facing Significant Resistance Near $97

livebitcoinnews | 12-12-2018

Key Points Ethereum price declined heavily after forming a top near the $125 level against the US Dollar. There is a major bearish trend line formed with resistance near $96 on the 4-hours chart of the ETH/USD pair (data feed from Coinbase). The price is likely to correct higher, but it may face a strong...The post Ethereum Price Analysis: ETH Facing Significant Resistance Near $97 appeared first on Live Bitcoin News.

Categories: ETH|Trading|Market|BTC|Fiat
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Cheap Power Is Luring Battered Bitcoin Miners to Iran

coindesk | 12-12-2018

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

Categories: BTC|Mining|Technology
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Crypto Roundup - ICOs are "Effective Way to Raise Capital" & Israeli targets cryptocurrency earnings

cryptoglobe | 12-12-2018

Seven coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.33% to 4.32%. SEC chairman says ICOs are "Effective Way to Raise Capital" if rules are followed. Israeli tax authority targets undisclosed cryptocurrency earnings.

Categories: ICO|Regulation
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The Netherlands to License Crypto Firms that Report Customers

financemagnates | 12-12-2018

The Dutch authorities get ready to implement the EU's new anti-money laundering directive.

Categories: Regulation
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Newsflash: Japanese Prosecutors Want Former Mt Gox CEO Jailed for 10 Years

ccn | 12-12-2018

The former CEO of the now-defunct bitcoin exchange Mt Gox, Mark Karpeles, could face up to decade in prison if prosecutors have their way. According to the Nikkei Asian Review, prosecutors are seeking a 10-year jail term for Mark Karpeles for embezzlement. Among the claims made by prosecutors at the Tokyo District Court include theThe post Newsflash: Japanese Prosecutors Want Former Mt Gox CEO Jailed for 10 Years appeared first on CCN

Categories: BTC|Exchange|Asia
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SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony

cointelegraph | 12-12-2018

U.S. Securities and Exchange Commission Chairman Jay Clayton says he is “optimistic” about blockchain, aims to both foster innovation and protect investors

Categories: Regulation|Blockchain|Exchange|ICO|Business
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Market Analysis Report (12 Dec 2018)

cryptocompare | 12-12-2018

MVIS-CryptoCompare Index | Winklevoss Twins Launch The Gemini Mobile App | Dutch Central Bank Wants to Regulate Crypto Companies | Samsung Files for Cryptocurrency Trademarks in the EU For Smartphones

Categories: Market|BTC|ETH|Fiat
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Bitcoin Price Analysis: Will BTC fall below $3000?

coinnounce | 12-12-2018

Published on CoinnounceShort Term Support Level: $3250 Long Term Support Level: $3000 Resistance Level: $3400 Key Points Bitcoin price is still facing bearish pressure with the major resistance close to $3400. On the hourly chart, the bitcoin price is facing major selling pressure above $3400. If bitcoin price fails to break the resistance around $3400, the price […]The post Bitcoin Price Analysis: Will BTC fall below $3000? appeared first on Coinnounce.

Categories: BTC|Trading|Market|Blockchain
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Swiss Bitcoin ETP Sees Record Volume as Institutional Investors Buy the Dip

bitcoinist | 12-12-2018

The steep decline in Bitcoin price has coincided with record volume of the recently launched Bitcoin ETP on the SIX Swiss Stock Exchange, suggesting that institutional investors are may be buying the dip.  Bitcoin ETP $HODL Sees Record Volume Earlier in November, Bitcoinist reported that a Bitcoin exchange-traded product (ETP) with the HODL ticker offered by Amun Crypto was about to begin trading on Switzerland’s SIX Exchange. The ETP represents a fully collateralized and non-interest-paying bearer debt security,Read MoreThe post Swiss Bitcoin ETP Sees Record Volume as Institutional Investors Buy the Dip appeared first on Bitcoinist.com.

Categories: BTC|Business|Exchange|Trading
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South Korean Crypto Exchange Launches Ripple Powered Remittance Service

newsbtc | 12-12-2018

South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone. ‘Cross’ For Faster and Cheaper Cross Border Remittances The service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange. The service aims to...The post South Korean Crypto Exchange Launches Ripple Powered Remittance Service appeared first on NewsBTC.

Categories: XRP|Exchange|Blockchain|Business
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Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

newsbtc | 12-12-2018

FOMO Moments Crypto markets are still falling; Bitcoin SV, Stellar, and Iota in pain, Binance Coin staying afloat. The bears are still exerting their control over crypto markets as the downward slide continues. Total market capitalization has dropped back below $110 billion and is heading back towards a new yearly low. Bitcoin has failed to...The post Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion appeared first on NewsBTC.

Categories: Market|BTC|Trading|Exchange
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The CFTC Isn’t Quite Ready for Ethereum Futures

livebitcoinnews | 12-12-2018

The Commodity Futures Trading Commission (CFTC) has indicated that it still has problems with Ethereum, the world’s third-largest cryptocurrency. Ethereum Gets Dethroned… A longtime holder of the number two position, Ethereum’s market cap was recently overtaken by Ripple, though Ethereum still remains among the most popular blockchains for new tokens and crypto-based applications. Many enthusiasts...The post The CFTC Isn’t Quite Ready for Ethereum Futures appeared first on Live Bitcoin News.

Categories: ETH|BTC|XRP|Market|ICO
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Crypto Market Drops Again: Does Bitcoin Price Risk Fall to $2,500?

ccn | 12-12-2018

Throughout the past three days, the Bitcoin price has demonstrated wild volatility in the range between $3,200 to $3,600. The dominant cryptocurrency has struggled to break out of the $3,700 resistance level which several technical analysts have consistently mentioned over the last two weeks. On December 12, the price of Bitcoin (BTC) fell by aroundThe post Crypto Market Drops Again: Does Bitcoin Price Risk Fall to $2,500? appeared first on CCN

Categories: BTC|Trading|Market
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US regulators open consultation on Ethereum

cryptonewsreview | 12-12-2018

 The US CTFC is opening up a formal consultation on the use of Ethereum and Ether, as it prepares for potential ETH-based futures.  With the Securities Exchange Commission beginning to flex its muscles in the ICO space, as it begins to crackdown on the issue of cryptocurrencies that serve as Securities, its fellow – and […]The post US regulators open consultation on Ethereum appeared first on CryptoNewsReview.

Categories: ETH|Exchange|ICO
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Binance CEO on XRP: ‘It Certainly Doesn’t Look Like a Security to Me’

cryptoglobe | 12-12-2018

On Wednesday (12 December 2018), Changpeng Zhao (also known by the nickname "CZ"), the CEO of crypto exchange Binance, said that in his opinion the cryptocurrency XRP was/is not a security.

Categories: Exchange|XRP
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Winklevoss brothers launch new crypto app, aren’t scared of a crypto winter

cryptonewsreview | 12-12-2018

The plummeting price of Bitcoin and other cryptocurrencies hasn’t discouraged the Winklevoss brothers… The Winklevoss brothers, Tyler and Cameron, have been regularly in the crypto headlines over the past year, as their Gemini cryptocurrency exchange continues to gain prominence. Their latest move is to introduce a brand new app for Gemini investors, that allows users […]The post Winklevoss brothers launch new crypto app, aren’t scared of a crypto winter appeared first on CryptoNewsReview.

Categories: BTC|Exchange|Trading|Business
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Binance Tackles Cryptocurrency ‘Misinformation’ With Multilingual Educational Article Bankc

cointelegraph | 12-12-2018

New initiative from Binance aims to mitigate the impact of fast-spreading “misinformation” in the cryptocurrency sphere

Categories: Exchange|BTC
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Bitcoin Price Watch: BTC Hesitates, But Further Losses Seem Likely

newsbtc | 12-12-2018

Key Points Bitcoin price remains in a bearish zone below the $3,400 and $3,500 resistances against the US Dollar. This week’s followed key bearish trend line is in place with resistance at $3,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains at a risk of more losses if...The post Bitcoin Price Watch: BTC Hesitates, But Further Losses Seem Likely appeared first on NewsBTC.

Categories: BTC|Trading|Market|Fiat
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Mt Gox’s former CEO: prosecutors now want a lengthy jail term

cryptonewsreview | 12-12-2018

Mark Karpeles, the former head of Mt Gox, continues to face legal ramifications for the collapse of the exchange… The saga of the Mt Gox cryptocurrency exchange continues, nearly five years after it abruptly shut down. At the time, the exchange claimed it was bankrupt, with suggestions that it had lost over 800,000 Bitcoins due […]The post Mt Gox’s former CEO: prosecutors now want a lengthy jail term appeared first on CryptoNewsReview.

Categories: Exchange|Regulation
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7 Major Exchanges in Korea to Create Healthy Cryptocurrency Ecosystem

bitcoin.com | 12-12-2018

Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven […]The post 7 Major Exchanges in Korea to Create Healthy Cryptocurrency Ecosystem appeared first on Bitcoin News.

Categories: Asia|BTC|Regulation
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Ethereum Futures Inbound? CFTC Asks for Public Comment on ETH Network

ccn | 12-12-2018

The Commodity Futures Trading Commission (CFTC) has put out a Request for Information (RFI) asking for public comment and feedback to enable it better understand Ether and the Ethereum blockchain as it seeks to expand its cryptocurrency knowledge base beyond bitcoin. In a press release dated December 11, the regulator stated that it is seekingThe post Ethereum Futures Inbound? CFTC Asks for Public Comment on ETH Network appeared first on CCN

Categories: ETH|BTC|Blockchain|Trading
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Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

newsbtc | 12-12-2018

Key Points The total crypto market cap extended declines and tested the $102.00B level. Litecoin (LTC) price is struggling below the $30 resistance, with a bearish angle. Bitcoin cash price is currently consolidating near the $100 level. Tron (TRX) is currently flat near the $0.0132 level, with range moves. Cardano (ADA) price declined below the...The post Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Categories: LTC|Trading|ADA|Market|BTC
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The UK cryptocurrency exchange that’s turned its back on anonymity

cryptonewsreview | 12-12-2018

British exchange CEX.IO is moving to comply with the EU’s anti-money laundering directive, well over a year ahead of deadline… On the one hand, the idea of cryptocurrencies offering an alternative to fiat currencies, and a decentralisation of fiscal power, has won admiration. But on the other, the anonymity that sometimes comes hand in hand […]The post The UK cryptocurrency exchange that’s turned its back on anonymity appeared first on CryptoNewsReview.

Categories: Exchange|ICO|Fiat
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VC Investor Says Coinbase Is Looking to Add More Coins

livebitcoinnews | 12-12-2018

Coinbase is on a path of adding as many crypto assets as possible. It’s a Crypto Exchange; What Do You Want? This shouldn’t come as a surprise. Most crypto exchanges are in direct competition with each other. Thus, having a digital coin not listed elsewhere is likely to garner more customers and business along the...The post VC Investor Says Coinbase Is Looking to Add More Coins appeared first on Live Bitcoin News.

Categories: Business|BTC|Exchange|Altcoin
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The Future of ICOs: In the Hands of Regulators or Innovators?

coindesk | 12-12-2018

What is the future of initial coin offerings? One of the movements early leaders suggests the market might be at a tipping point.

Categories: ICO|Market|Regulation|Sponsored
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Onegold Customers Can Now Purchase Digital Bullion With Bitcoin

bitcoin.com | 12-12-2018

Online bullion marketplace Onegold announced on Tuesday that its customers can now purchase precious metals with bitcoin cash (BCH) and bitcoin core (BTC). Onegold’s digital silver and gold products are fully allocated physical metals stored at the Royal Canadian Mint and can be redeemed at any time through Apmex. Also read: Only Five Bitcoin Mining Devices Released […]The post Onegold Customers Can Now Purchase Digital Bullion With Bitcoin appeared first on Bitcoin News.

Categories: BTC|Fiat|Mining
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South Korean Crypto Exchange Launches Ripple-Based Blockchain Remittance Service

ccn | 12-12-2018

Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services. Coinone Transfer utilized RippleNet and connections with the Siam Commercial Bank (Thailand) and Cebuana Lhuillier (Philippines) toThe post South Korean Crypto Exchange Launches Ripple-Based Blockchain Remittance Service appeared first on CCN

Categories: Blockchain|XRP|Exchange|Technology|Fiat
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Next Bitcoin Bull Run Matter of When – Not If, Says BTC Investor Eric Dalius

bitcoinist | 12-12-2018

Real estate entrepreneur, Bitcoin investor, and cryptocurrency expert Eric Dalius in Tech Bullion says there’s still plenty of fight left in Bitcoin despite the mudslinging from the naysayers and falling Bitcoin price. He even goes on to say that the next bull-run is very close. The Many Bubbles of Bitcoin Bitcoin price. Even for people who barely have a grasp on what virtual currency is, these two words are inescapable lately. And they’re almost alwaysRead MoreThe post Next Bitcoin Bull Run Matter of When – Not If, Says BTC Investor Eric Dalius appeared first on Bitcoinist.com.

Categories: BTC|Trading|Business|Technology
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Upbit CEO: Crypto Regulation is Necessary, But is Korea on Right Track?

ccn | 12-12-2018

On December 10, Lee Seok-wu, the CEO of Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, said that regulation is important to establish industry standards. During a meeting with several members of the Congress and the Financial Services Commission (FSC) hosted by Upbit, Bithumb, Gopax, Korbit, and Coinone, five of the biggestThe post Upbit CEO: Crypto Regulation is Necessary, But is Korea on Right Track? appeared first on CCN

Categories: Regulation|Asia|Exchange
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OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker

cointelegraph | 12-12-2018

Malta-based crypto exchange OKEx announced it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker, BCH

Categories: BTC|Exchange|Altcoin
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Dutch Central Bank Wants to Regulate Crypto Companies to Stem Money Laundering

ccn | 12-12-2018

The Dutch Central Bank, De Nederlandsche Bank, wants to regulate crypto companies by requiring them to get licenses in order to operate. The bank claims the measure will deter money laundering and the use of cryptocurrencies to fund terrorism, according to a short brief in Dutch daily newspaper De Telegraaf. To qualify for a license, cryptoThe post Dutch Central Bank Wants to Regulate Crypto Companies to Stem Money Laundering appeared first on CCN

Categories: Fiat|Regulation
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This London Taxi Driver Sells Cryptocurrency to Passengers

bitcoin.com | 12-12-2018

If you hail a taxi in downtown London, you could wind up paying for more than just your fare. Pseudonymous cab driver Dave Jenkins is known as the Crypto Cabbie because as he drives passengers around London he provides the ability to purchase BTC. Also read: Only Five Bitcoin Mining Devices Released in 2018 Are Profitable […]The post This London Taxi Driver Sells Cryptocurrency to Passengers appeared first on Bitcoin News.

Categories: BTC|Mining
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Bitcoin Developer Explains Decentralization Using Four Simple Questions

cryptoglobe | 12-12-2018

Prominent Bitcoin (BTC) developer Jimmy Song recently explained what he thinks decentralization means. His explanation was in the form of four interesting yes/no questions that he asked his followers. Song’s first question was “did you have an initial coin offering (ICO)?” According to the University of Michigan computer science graduate, conducting an ICO to raise funds means your platform is not truly decentralized. That’s because the funds raised are being held in the custody of a select group of people.

Categories: ICO|BTC
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Four Vermont State Agencies Establish Blockchain Working Group

cointelegraph | 12-12-2018

Four government agencies of the U.S. state of Vermont have formed a blockchain working group to learn more about the technology’s applications

Categories: Blockchain|Regulation
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Anti-Crypto Environmentalists Gleeful that Bitcoin is ‘Becoming Worthless’

ccn | 12-12-2018

Some environmentalists are gleefully celebrating the current crypto bear market, saying it’s a sure sign that bitcoin is “becoming worthless” and “will soon be no more.” And they’re breathlessly counting down the days until its demise. “Bitcoin is a colossal waste of energy [and] will soon be no more,” writer Ilana Strauss gloated at TreeHugger.The post Anti-Crypto Environmentalists Gleeful that Bitcoin is ‘Becoming Worthless’ appeared first on CCN

Categories: BTC|Market|Trading
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Bitcoin Sextortion Scheme Seduces Victims into Installing Ransomware

ccn | 12-11-2018

A sextortion scam that doubles its chances of success by planting ransomware on the computing device of its target victims has emerged, and as is often the case the attackers want to be paid in bitcoin. According to researchers at cybersecurity firm Proofpoint, the sextortion campaign, which is mostly targeting residents of the United States,The post Bitcoin Sextortion Scheme Seduces Victims into Installing Ransomware appeared first on CCN

Categories: BTC
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British Crypto Exchange CEX.IO Now Requires Identity Info From Users

cointelegraph | 12-11-2018

London-based digital currency exchange CEX.IO now requires its users to reveal their identities to “provide users with high-level and reliable service”

Categories: Exchange|Regulation|Blockchain