Crypto News Reviews 

Bitcoin News Digest Thursday, November 8, 2018

Bitcoin slips, but analyst offers upbeat outlook for other digital coins

Major digital currency prices are trading lower Thursday, giving up the majority of Wednesday’s gains.

 

Will Bitcoin End Life On Planet Earth?

Climate change alarmists have proclaimed that Bitcoin could raise global temperatures by 2 degrees Celsius in less than 30 years. The Independent claims this mi

 

Is Bitcoin A Better Hedge Against Market Corrections Than Gold?

Bitcoin has remained unusually calm and less volatile while the S&P 500 has entered correction territory. This has given life to the thought that Bitcoin can be

 

Key Technical Indicator Shows Bitcoin Price Poised for ‘Santa Claus Rally’

Bitcoin price continues to endure a difficult 2018 after posting astronomical gains at the back end of 2017 but this may be about to change.

 

Bitcoin Cash [BCH] hash war progresses as Bitmain’s Jihan Wu calls Craig Wright a “Blockstream spy”

The upcoming Bitcoin Cash hard fork on November 15 has had the cryptocurrency community in a tizzy concerning its outcome. Those involved in the heart of the discussion have also begun speaking up, with Craig Wright, the proponent of Bitcoin Satoshi’s Vision and Jihan Wu, the CEO of Bitmain, firing shots at…

 

French authorities are pushing a 30 percent flat-rate Bitcoin tax

French regulators will be realigning its approach tp taxes imposed on hodlers of Bitcoin and other cryptocurrencies from next year.

 

Bitcoin Mining Consumes Over 3X the Energy of Gold Mining: Research

A new paper indicates that the energy required to mine cryptocurrencies is more than what is consumed when excavating for metals of equivalent dollar value.

 

Surprising Bitcoin Survey Reveals U.K. To Be A Nation Of Crypto Believers

Bitcoin appears to remain an attractive alternative to the current financial system (in the UK, at least)…

 

Shrem’s Lawyers Fire Back: Bitcoin’s “First Felon” Never Owned 5,000 BTC

After being sued by the Winklevoss Twins, former BitInstant CEO Charlie Shrem has fired back, claiming that he never stole or owned 5,000 Bitcoin (BTC).

 

Bitcoin Cash Drops 5% as Crypto Market Retraces, Tokens Take a Hit

After demonstrating nearly a 50 percent gain within a three-day span Bitcoin Cash dropped five percent of its value against the US dollar.

 




The problem bitcoin solves

The problem bitcoin solves on The Spectator | Paul Krugman, blogger, fiat-currency enthusiast and winner of the Nobel Prize in Economics earlier this year…

 

Civic CEO Bets That Bitcoin (BTC) Won’t Hit $28,000 By 2020

Civic’s Lingham has just bet Ronnie Moas that Bitcoin (BTC) will not hit $28k by Dec 31, 2019, adding that the crypto bear market is just getting started.

 

Op-Ed: Bitcoin $6,500 plus mostly today but drops below after the close

Bitcoin’s(BTC) price rose today almost from the opening and hit a high of $6,555 and ended up closing above the $6,500 level. The technical signs appear bullish but just after opening on November 8 UTC, BTC suffered a sharp drop below the $6,500 level.

 

Bitcoin (BTC) Price Analysis: Bulls Waiting for Channel Dips

Bitcoin has formed higher lows and higher highs to trade inside an ascending channel visible on its 1-hour time frame.

 

Crypto Exchange Poloniex Announces ‘Pre-Fork’ Trading for Bitcoin Cash

Poloniex announced Tuesday it will be the first cryptocurrency exchange to offer trading for the pending bitcoin cash (BCH) hard fork amid an ongoing

 

California: Midterms See Largest US State Elect Pro-Bitcoin Governor

Gavin Newsom, the newly-elected governor of California — the most populous state in the US — was one of the first politicians to embrace bitcoin.

 

Brian Forde: Bitcoin and blockchain can restore trust

Bitcoin and blockchain can restore trust in financial transactions, one of the foremost authorities on cryptocurrencies, Brian Forde, told the World Congress of Accountants (WCOA) meeting in Sydney on November 7, 2018.

 




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