Crypto News
Learn more about cryptocurrency trading and other crypto trading tips from Market Rebellion.
Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns via @CoinDesk
Bitcoin is experiencing a sharp selloff this morning, as talks of a cryptocuurency ban in South Korea becomes more serious, as well as recent crackdowns on mining and trading in China. Bitcoin traded up over 14% lower this morning, as the crypto asset hits a nearly 1-month low. Read the
Telegram to create the next Ethereum with $1.2bn ICO via @techcrunch
In a leaked whitepaper, Telegram, a cloud-based messaging service out of Dubai, which is well known and widely used as a chat service in the crypto community, is taking aim at the Ethereum Network. The company plans to raise over $1 Billion in an ICO (Initial Coin Offering) in what
Blockchain Watch
Can’t make this stuff up folks! Today ChinaNet online holdings (CNET) announced the appointment of Zhongyi Liu as Chief Strategy Officer for Blockchain and Business Development. Shares up 37% on the news.
Bitcoin Falls 12% as South Korea Readies Ban on Cryptocurrency Trading via @CNBC
Late Wednesday night, South Korea’s justice minister announced a bill that would ban cryptocurrency trading in the country. This story comes out of one of the largest cryptocurrency markets in the world, where South Korea makes up around 10% of the Ethereum trading market. According to justice minister Park Sang-ki,
Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it!
As Ferris Beuler said in the 1986 John Hughes film, “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it!” The same is true of cryptocurrencies, if you don’t take time to look around at coins other than Bitcoin you could
Most Influential Crypto Players in 2017 via @CoinDesk
Coindesk.com recently released a list of the Top 10 most influential persons in the crypto world. Read the Full Article at Coindesk
Crypto Market Cap Passes MSFT AMZN FB and BRK.A
If you totaled up the market cap of the entire cryptocurrency space, it hit a new all-time high today. Previous record was the December 21st reading of $654B. As of 10:12 am ET I show the market cap surging over $767B! Total Real Market Cap: $767,334,070,736
12 Changes That Could Shake Up the Blockchain World in 2018 via @venturebeat
In this article, Jeremy Epstein of Venture Beat lays out his 12 predictions for crypto markets in 2018. Read the Full Article at Venture Beat
Ether Passes Starbucks, Costco & Biadu In Market Cap
Ethereum’s Ether has passed Starbucks, Costco and Bidu in market capitalization in the past 24 hours. The crypto currency was up more than 14 percent, passing a market capitalization of $86 billion. It has eased slightly after that run, but still trades $863.50 as of 9:39 am ET. In the
Former FDIC Director Shelia Bair Talks Bitcoin, Bubbles & Regulation
The former Director of the FDIC (Federal Deposit Insurance Corporation) argued that bitcoin shouldn’t be banned because of its “lack of intrinsic value.” In an opinion piece for Yahoo Finance, Shelia Bair pointed out that bitcoin is a bubble, given its meteoric rise this year, and that it’s hard for
Ethereum Founder Threatens to Leave if Crypto Community Doesn’t “Grow Up”
Vitalik Buterin, founder of the Ethereum Project, has threatened to leave the crypto space all together, due to what he cites as the immaturity of the crypto community. In a series of tweets, Vitalik blasted fellow crypto participants for the “need to differentiate between getting hundreds of billions of dollars
South Korea Clamps Down on Bitcoin Trading Amid Market Frenzy via @nytimes
South Korea has imposed increased restrictions on Bitcoin trading. Cryptocurrency trading has recently boomed in the country, and regulators are now requiring that account names are verified before approved for trading. According to the New York Times, “South Korea will require people who trade Bitcoin and other virtual currencies to
Israel Is Working On A Digital Shekel
Reports say that Israel is indeed considering issuing a crypto Shekel. The Shekel has been Israel’s fiat currency, but given the mass adoption of cryptocurrencies, the financial ministry and central bank could release a legal framework for its on cryptocurrency as early as January 2018. The digital currency would be
BitPay Will Cease Processing Bitcoin Payments Below $100 Due to High Miner Fees
One of the largest Bitcoin payment platforms, BitPay, will no longer process payments below $100 due to rapidly rising bitcoin transaction fees. Many of you may be unfamiliar with something known as the “Mempool”, but when a Bitcoin transaction is transmitted to the network it first gets verified by all of
Bitcoin Technicals After Massive Selloff
From my friend and chartist extraordinaire Gary Berman: The enclosed Bitcoin tick chart has been making lower highs. We mentioned the other day to sell on a close below 16229 , as we were looking for a pullback to 12558-10917” Today, Bitcoin ticked @ 10775.91 and bounced. Limit down did
CBOE Files For Six Bitcoin ETFs
The Chicago Board Options Exchange (CBOE) filed with the SEC to list multiple bitcoin futures & ETFs. Thus, the CBOE joins the NYSE in the potential listing of ETFs on Bitcoin. CBOE submitted proposed rule changes that would clear the way for listing the following ETFs: the First Trust Bitcoin
Trader Puts $1 Million On Bitcoin Reaching $50,000 By End of 2018
Someone wanted a BIG bet on Bitcoin for 2018 and they placed that bet on LedgerX, an electronic marketplace for Bitcoin derivatives. The trader, whom LedgerX CEO Paul Chou declined to identify, bought calls that gave him, or her the right to buy 275 Bitcoins at $50,000 with a December
NYSE Owner Files to List Two Bitcoin ETFs on Arca Trading Platform via @CryptoCoinsNews
The operator of the New York Stock Exchange (NYSE) has filed with the Securities and Exchange Commission (SEC) for a proposed rule change that would allow the exchange to list two Bitcoin ETFs on the NYSE Arca trading platform. Read the Full Article at CCN
Bitcoin Cash Goes Live on Coinbase
According to Coindesk.com, “Notably, the price of the cryptocurrency rose sharply soon before Coinbase announced support for bitcoin cash (BCH) transactions on its platform yesterday. However, trading in BCH was quickly suspended and existing orders were canceled due to claimed “significant volatility.” Read the Full Article on Coindesk.com
Bill Miller’s Fund Is Killing It With Bitcoin
In a recent podcast on WealthTrack with Consuelo Mack, Mr Miller says his fund is now up to 50% invested in Bitcoin. Miller Value Partners (MVP) manages some $2.2 billion in total assets, Mr Miller had disclosed in October that his MVP 1 fund was up 72.5% through October. The