Tuesday, November 13Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Bitcoin Slides More Than 10 Percent to Near $10,000 Level

Bitcoin Slides More Than 10 Percent to Near $10,000 Level

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Slides More Than 10 Percent to Near $10,000 Level The price of bitcoin is down more than 10% today, according to CoinDesk's Bitcoin Price Index (BPI). At press time, the cryptocurrency's price is trading around $10,237.28, a decline of roughly 10.92% from the day's open of $11,522.86. As it stands, the current value is near the daily low of $10,050.79, and as of time of writing the price of bitcoin is down more than $1,200 for the day. As seen in the graph, the price held above $11,000 until roughly 13:15 UTC, after which the price dropped below that level. The developments call to mind those seen last week – though in this case, the price hasn't fallen below the $10,000 mark. As reported on Jan. 17, the price hit a low
Cointelegraph Heads To Davos For WEF, Partners With Tech Tuesday Event

Cointelegraph Heads To Davos For WEF, Partners With Tech Tuesday Event

BITCOIN
Please share if you find this article interesting. Cointelegraph Heads To Davos For WEF, Partners With Tech Tuesday Event Cointelegraph will be attending this year’s World Economic Forum (WEF) in Davos, Switzerland, Jan. 23-26, covering the event as a media partner for Tech Tuesday. The WEF takes place in Davos every January and has so since the early 1970s. It brings together financial experts, academics, and world leaders in a small resort town in the Swiss alps to discuss the most pressing issues in global economics, business, and politics. This year 2,926 people are set to attend the 48th WEF, which includes 400 discussions on a variety of topics. The WEF theme for 2018 is “Creating a Shared Future in a Fractured World,” which makes the topics of cryptocurrency and Blockchain
Opera Browser Addresses Cryptojacking, Adds Anti-Crypto Mining For Mobile

Opera Browser Addresses Cryptojacking, Adds Anti-Crypto Mining For Mobile

BITCOIN
Please share if you find this article interesting. Opera Browser Addresses Cryptojacking, Adds Anti-Crypto Mining For Mobile Opera, a web browser that has since December included anti-crypto mining in their integrated ad-blocker for desktop, announced today, Jan. 22, that they will add this feature to their mobile browser as well. Cryptojacking, a process by which a computer or smartphone is hacked in order to remotely mine cryptocurrency without the owner’s knowledge, uses a large amount of battery and can greatly slow down the device. Opera’s Vice President of Product Marketing Jan Standal described the process of cryptojacking in the company’s press release for their anti-mining software for mobile: “When you browse the web, there are no visual clues that your device is expos
Startup Intends to Shake Up Antivirus Industry With a Decentralized Marketplace

Startup Intends to Shake Up Antivirus Industry With a Decentralized Marketplace

BITCOIN
Please share if you find this article interesting. Startup Intends to Shake Up Antivirus Industry With a Decentralized Marketplace Since early January the PolySwarm IT startup keeps making waves revealing its plans to create the first decentralized marketplace for threat intelligence, where security experts build anti-malware engines that compete to protect users. PolySwarm is powered by the cybersecurity and Blockchain background of its founding and advisory team. PolySwarm’s CEO, Steve Bassi, previously founded Narf Industries, an information security R&D firm that won a grant from the Department of Homeland Security to implement Blockchain on identity management. Steve and his team also consulted for DARPA and Fortune 100 companies. Mark Tonnesen, former McAfee CIO, recently j
Crypto Market Update: Coins Down Across The Board After Brief Stint Of Green

Crypto Market Update: Coins Down Across The Board After Brief Stint Of Green

BITCOIN
Please share if you find this article interesting. Crypto Market Update: Coins Down Across The Board After Brief Stint Of Green After a volatile beginning of the new year, the crypto markets are again falling across the board. Almost all of the top twenty coins on CoinMarketCap are in the red on Monday, Jan. 22, with the biggest loss around 13 percent over a 24 hour period. Bitcoin (BTC) is approaching $10,000 again, a threshold that it had briefly dipped below on Jan. 17. BTC is trading for around $10,709 by press time, with a 8.95 percent drop over a 24 hour period. Ethereum (ETH) is also below $1000, trading at around $981 at press time, with a 8.47 percent drop over a 24 hour period. The market’s early year dip appears to be a repeat of previous January lows, and 2017 had al
NGO Says ‘Blood Diamond’ Initiative Failed, Highlighting De Beers’ Recent Blockchain Solution

NGO Says ‘Blood Diamond’ Initiative Failed, Highlighting De Beers’ Recent Blockchain Solution

BITCOIN
Please share if you find this article interesting. NGO Says ‘Blood Diamond’ Initiative Failed, Highlighting De Beers’ Recent Blockchain Solution Impact, a Canadian NGO, has left the Kimberley Process initiative on Jan. 22, citing the fact that the global agreement to prevent dealing in “blood diamonds” has not lived up to its goals. Joanne Lebert, executive director at IMPACT, told the Financial Times, “There’s no meaningful assurance that a diamond is conflict free [...] The public is under the wrong impression that the problem is solved. I think it’s time to challenge that narrative again.” Impact’s announcement comes a week after De Beers, one of the largest diamond producers, revealed a pilot Blockchain initiative to ensure their diamonds are conflict-free. De Beers’s Block
‘Higher Than Expected’: Louis Dreyfus Reports Results of First Blockchain Agricultural Trade

‘Higher Than Expected’: Louis Dreyfus Reports Results of First Blockchain Agricultural Trade

BITCOIN
Please share if you find this article interesting. ‘Higher Than Expected’: Louis Dreyfus Reports Results of First Blockchain Agricultural Trade One of the leading global commodity traders Louis Dreyfus Co. (LDC) has stated that its first venture into Blockchain produced results “even higher” than expected, Financial Times reports Monday, Jan. 22. The buoyant remarks follow completion of the the giant’s first Blockchain-powered agricultural trade, in which it sold and delivered 60,000 tons of soybeans to China in Dec. 2017. Several partners, namely ABN AMRO, Shandong Bohi Industry Co., Ltd, ING and Societe Generale joined Louis Dreyfus in completing the trade via LDC’s Blockchain platform. The benefits of the Blockchain-powered trade included a claimed 80% reduction in trade proce
Dash and Litecoin Analysis January 23, 2018

Dash and Litecoin Analysis January 23, 2018

PRICE ANALYSIS
Please share if you find this article interesting. Dash and Litecoin Analysis January 23, 2018 DASH/USD DASH broke down below the $800 level during Monday trading, showing signs of weakness yet again. Crypto currencies are starting to roll over, and I think this one is going to go to at least the $700 level before finding support, and more than likely the $600 level. If you have the ability to short –, you may wish to do so. LTC/USD Litecoin rolled over a bit during the trading session on Monday, as we continue to see negativity in the crypto currency markets overall. We also have a lack of volume, and that is not a good sign either. I suspect we’re going to go looking towards the $150 level next, and it’s not until we break above the $225 level that I think the buyers will ta
What a Facebook Blockchain Token Might Look Like

What a Facebook Blockchain Token Might Look Like

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. What a Facebook Blockchain Token Might Look Like Michael J. Casey is chairman of CoinDesk's advisory board and a senior advisor of blockchain research at MIT's Digital Currency Initiative. Mark Zuckerberg, worth $71 billion at just 33, has done rather well by Facebook's centrally managed system. Over the past decade and a half, the social media behemoth's closed-source algorithm has quietly manipulated its millions of users' news feeds to capture maximum ad dollars and steer them all to Zuck and his shareholders. So, why is he exploring a more decentralized model?  And what role might crypto technology play in that? In a New Year's post to the platform, the Facebook CEO noted (with zero irony, it seems) that "With the rise of
Bitcoin Defends $11,000 Mark and Eyes Move Higher

Bitcoin Defends $11,000 Mark and Eyes Move Higher

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Defends $11,000 Mark and Eyes Move Higher Bitcoin is stuck in a narrow range currently, but a breakout may lie ahead, the price charts indicate. Prices on CoinDesk's Bitcoin Price Index (BPI) rallied to a high of $13,000 on Saturday, but the spike was short-lived as prices fell back to $11,096 at 20:59 UTC yesterday. As of writing, BPI stands at $11,700 – up 5.4 percent from yesterday's low. Still, the cryptocurrency is down 1 percent on a 24-hour basis, as per data source OnChainFX. Interestingly, some in the investor community feel the U.S. government shutdown may have influenced the rise in BTC prices over the weekend. However, if history is any guide, BTC is unlikely to rally significantly on the political standoff in