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BITCOIN

Prepping for a Pullback? Bitcoin Price Drops Below $6,000

Prepping for a Pullback? Bitcoin Price Drops Below $6,000

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Prepping for a Pullback? Bitcoin Price Drops Below $6,000 After rallying to a new record high, bitcoin is once again trending down. According to Coindesk's Bitcoin Price Index (BPI), bitcoin prices dipped below $5,800 this morning – prices first passed the $6,000 mark on Friday and set the new all-time high (of $6,148) at 15:00 UTC on Saturday. That figure takes the cumulative returns from the September low of $2,980 to more than 100 percent. The record rally indicates that the regulatory crackdown in China, and subsequent fears of similar restrictions across the globe, have failed to dampen investor sentiment. Meanwhile, the potential benefits of holding bitcoin ahead of another hard fork (in November) – which promises the creat
Institutional Investors Still Steering Clear of Bitcoin: Research

Institutional Investors Still Steering Clear of Bitcoin: Research

BITCOIN
Please share if you find this article interesting. Institutional Investors Still Steering Clear of Bitcoin: Research Digital currency’s market share has reached nearly $170 bln this year, and that figure puts them out there as a major asset. In fact, Bitcoin alone has outshone PayPal in recent months. However, despite the huge amount of money flowing into this market, and the seemingly mainstream interest springing up globally, the thought is that traditional big money investors have not quite entered the market yet. Institutional investors are steering clear of the nascent market, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people's money in. Hedge fund options Because digital currencies are such a new and unprecedented
Sell ‘ShitCoin2x’ Immediately for Best Profit: Bitcoin Exchange BitMEX to Traders

Sell ‘ShitCoin2x’ Immediately for Best Profit: Bitcoin Exchange BitMEX to Traders

BITCOIN
Please share if you find this article interesting. Sell ‘ShitCoin2x’ Immediately for Best Profit: Bitcoin Exchange BitMEX to Traders Cryptocurrency trading platform BitMEX has told users to dump SegWit2x Bitcoins “immediately” following November’s hard fork. In a dedicated trading strategy blog post, BitMEX, which earlier this month signaled its opposition to all hard forks, described SegWit2x as a “shitcoin.” “He who sells first, sells best,” the post advises in reference to divesting oneself of non-Core chain coins. “On the ex-date (expected to be on or around Nov. 20), you will receive B2X in a 1:1 ratio. These B2X coins should be immediately sold for USD. At the same time, the futures should trade at a discount or negative basis.” BitMEX confirmed that its own index would n
Kazakhstan Following Russia’s Lead with Own Cryptocurrency

Kazakhstan Following Russia’s Lead with Own Cryptocurrency

BITCOIN
Please share if you find this article interesting. Kazakhstan Following Russia's Lead with Own Cryptocurrency Kazakhstan has become the latest country to show an intention of creating its own fiat-based digital asset, following in the footsteps of its former Soviet handlers, Russia. It was announced via the country's government-supported Astana International Finance Center (AIFC) who said they had signed a deal of cooperation with a Maltese firm called Exante. Next generation investment In plugging themselves, Exante calls themselves a “next generation investment company." They said they would work with the AIFC to develop the ex-Soviet nation's untapped cryptocurrency market. "Blockchain and cryptocurrencies are entering the mainstream of today's economic reality," Kairat Kelimb
Bitcoin Price Lingers Below $6k As Post-Fork Altcoin Rally Expected

Bitcoin Price Lingers Below $6k As Post-Fork Altcoin Rally Expected

BITCOIN
Please share if you find this article interesting. Bitcoin Price Lingers Below $6k As Post-Fork Altcoin Rally Expected Bitcoin prices were back below $6,000 Monday amid talk of an imminent altcoin rally to shelve protracted losses. Bitcoin’s honeymoon above the latest significant barrier remained chequered over the weekend as momentum appeared to cool. After recrossing $6,000 several times, rates on the majority of exchanges were settling around $5,800 at press time with some volatility. The move downwards has so far failed to breathe new life in altcoin markets, which have seen little by way of recovery or more in recent weeks. As Bitcoin climbed from $5,000, investors broadly opted to continue stockpiling the virtual currency ahead of the two hard forks due Tuesday and Nov. 18
What’s In A Name? Craig Wright Fail Reveals he is NOT Satoshi Nakamoto

What’s In A Name? Craig Wright Fail Reveals he is NOT Satoshi Nakamoto

BITCOIN
Please share if you find this article interesting. What’s In A Name? Craig Wright Fail Reveals he is NOT Satoshi Nakamoto Self-proclaimed Bitcoin creator Craig Wright has appeared to confirm he is not Satoshi Nakamoto. Wright, who has vehemently defended himself against criticism to maintain he is the elusive personality, failed to recognize his own name on a list of Bitcoin ‘influential people.’ The debacle played out on Twitter late last week as CoinDesk called for participants in a survey of Blockchain industry figures. Civic CEO Vinny Lingham’s forecast the survey could be “controversial” came true sooner than expected. While Satoshi Nakamoto was present on the list, Wright himself was not, leading him nonetheless to publicly ask why his ‘real’ name was absent. CoinDesk respo
Tim Draper: There Was Nothing Secretive About Our Purchase of Tezos

Tim Draper: There Was Nothing Secretive About Our Purchase of Tezos

BITCOIN
Please share if you find this article interesting. Tim Draper: There Was Nothing Secretive About Our Purchase of Tezos On Oct. 22, Cointelegraph published our contributor Nick Ayton’s opinion piece called “What Lessons Can Be Learnt From Tezos ICO Debacle.” The piece asked questions regarding the situation with the Tezos’s ICO, the companies, foundations and persons that participated in it. It has recently been reported that a San Diego legal firm is considering filing a class action lawsuit on behalf of some US investors against the company Dynamic Ledger Solutions, Inc. that, as the law firm suggests, is holding the rights to the Tezos network.   Our aim is serving the crypto community, for which the question of raising money for Blockchain projects is vital. That’s why we cons
Russia Promises Regulation Will Not Kill ICOs – Bitcoin News

Russia Promises Regulation Will Not Kill ICOs – Bitcoin News

BITCOIN
Please share if you find this article interesting. Russia Promises Regulation Will Not Kill ICOs - Bitcoin News Regulation Russia’s First Deputy Prime Minister Igor Shuvalov promised not to let initial coin offerings (ICOs) in Russia “die” because of regulations last week. Despite bills being prepared to regulate them, President Vladimir Putin has said that ICOs hold “tremendous potential” and should not be obstructed. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Defending ICOs First Deputy Prime Minister Igor Shuvalov. Russia’s First Deputy Prime Minister Igor Shuvalov spoke at a youth forum in Sochi last week. One of the forum participants asked him, “I have a big request for you, please do not let our ICOs die as a result of regu
PR: E-Chat Pre-ICO: First Decentralized Messenger with Capabilities of a Multi-Currency Crypto-Wallet – Bitcoin News

PR: E-Chat Pre-ICO: First Decentralized Messenger with Capabilities of a Multi-Currency Crypto-Wallet – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: E-Chat Pre-ICO: First Decentralized Messenger with Capabilities of a Multi-Currency Crypto-Wallet - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. A Hong Kong start-up, developing a decentralized multi task e-Chat messenger, announced the start of pre-ICO! The e-Chat team announced the release of a revolutionary product on the ICO, which will undoubtedly interest both large investors and ordinary users. The product developed by the e-Chat team combines such...
Should We Fix Malleability in Bitcoin and Bitcoin Cash? If so, how? And when? – Bitcoin News

Should We Fix Malleability in Bitcoin and Bitcoin Cash? If so, how? And when? – Bitcoin News

BITCOIN
Please share if you find this article interesting. Should We Fix Malleability in Bitcoin and Bitcoin Cash? If so, how? And when? - Bitcoin News Op-Ed 1 min ago | By OP-ED - | 2 | Written by Jonald Fyookball. If you’re a Bitcoiner or crypto-enthusiast, you’ve probably heard this “malleability” issue being discussed and wondered what it’s all about. Maybe you’ve probably heard a bunch of conflicting ideas and opinions about it too. Let’s break it all down. What’s Malleability? There’s different types of malleability, but to make a long story short, if you create a Bitcoin transaction, someone else (such as a miner or exchange) can modify the transaction ID (txid) before it gets put into a block. What’s a transaction id? Well, think of it as like a “receipt number” for yo