CoinDesk, 1/1/0001 12:00 AM PST Bitcoin demand remains strong in spite of concerns that the bitcoin network might split. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post NYC Regulator Approves Bitcoin Exchange Coinbase for Ethereum and Litecoin Trading appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post NYC Regulator Approves Bitcoin Exchange Coinbase for Ethereum and Litecoin Trading appeared first on CryptoCoinsNews. |
Business Insider, 1/1/0001 12:00 AM PST Stocks had a pretty quiet Wednesday after tumbling the day before. The Dow and the S&P 500 were little changed at the close, while the Nasdaq ticked up by about 30 points. First up, the scoreboard:
1. Trump and the GOP are in a furious push to save "Trumpcare" from disaster. "Currently there are not enough votes to pass the legislation," Rep. Mark Meadows, the chair of the conservative House Freedom Caucus, said after a meeting at the White House. House Representatives are expected to vote on "Trumpcare" on Thursday. 2. Existing home sales ease in February from a 10-year high. US existing-home sales fell 3.7% at a seasonally adjusted annual rate of 5.48 million in February, according to the National Association of Realtors. 3. Sears fell off a cliff. Shares of the 131 year-old company are down 13% as of 10:20 AM ET. The stock has lost 96% of its value since 2007, as the owner of the Sears and Kmart stores struggled to keep pace with changing consumer tastes and online competition. 4. Snap, the parent company of Snapchat, had another good day. Shares were up 6.3% in early morning trade, and the company got its second "Buy" rating from Wall Street analysts, with investment banking firm Drexel Hamilton putting a $30 price target on the stock. 5. The auto loan market is showing signs of stress. US auto loan and lease credit loss rates weakened in the second half of 2016, according to a new report from Fitch Ratings, which said they will continue to deteriorate. 6. Bitcoin tanks below $1,000. Selling on Wednesday had the cryptocurrency down 10.5% at $997 a coin, where it was more than 20% below its all-time high from earlier this month. ADDITIONALLY: Republican lied about healthcare for years, and they're about to get the punishment they deserve. A top Wall Street banker quit his job to fight for civil liberties. TOP GOP CONGRESSMAN: "The people back home are not sold" on the GOP Obamacare replacement. Bank lobbyists privately lower expectations for Dodd-Frank overhaul. SEE ALSO: What 25 major world leaders and dictators looked like when they were young |
CoinDesk, 1/1/0001 12:00 AM PST A proposal for how bitcoin wallets could be protected under adversarial conditions saw discussion among Bitcoin Core developers today. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post BitPay Will Add Miner Fees to Invoices Citing High Bitcoin Transaction Costs appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Coinbase Declines to Sign Bitcoin Unlimited Rejection Letter, CEO Explains appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post With Bitcoin, the Smart Money Is Staying Put appeared first on CryptoCoinsNews. |
Business Insider, 1/1/0001 12:00 AM PST Bitcoin is under pressure. Selling on Wednesday has the cryptocurrency down 9% at $1,014 a coin, where it is now more than 20% below its all-time high from earlier this month. There's no obvious trigger for the drop, but trading in bitcoin has been extremely volatile lately as traders parse through a large amount of headline risk. On March 10, when the price peaked, sellers slammed bitcoin below the $1,000 level after the US Securities and Exchange Commission rejected the Winklevoss' twins plans for a bitcoin ETF. The SEC said it was "disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest." Bitcoin quickly recovered those losses, but plunged just four days later after The Wall Street Journal reported that developers were threatening to set up a "hard fork," or alternative marketplace for bitcoin. The new platform would be incompatible with the current platform, thus creating a split and two versions of the currency. That news sent bitcoin crashing 20% over the weekend to about $950 a coin, its weakest since January. And that's not allFor most of 2017 a Chinese crackdown on trading has been in the news. With nearly 100% of all transactions coming from Chinese exchanges, Beijing announced it was cracking down on the cryptocurrency. That caused China's three biggest exchanges to first implement a 0.2% transaction fee on all trades before eventually blocking customers from withdrawing their bitcoin. Chinese regulators have not yet allowed withdrawals to continue. On Tuesday, China's biggest bitcoin exchanges announced they would start asking customers for proof of fund sources and withdrawal destinations. While that might be one of the final steps before allowing withdrawals to continue, it shows further evidence of China looking to reign in the market. And even if that happens, there's more headlines to come this month. The SEC is set to make two more rulings on bitcoin ETFs, with the first due by March 30.
SEE ALSO: We bought and sold bitcoin — here's how it works |
CryptoCoins News, 1/1/0001 12:00 AM PST […] The post A Darknet Vendor is Selling Millions Of Stolen Bitcoin User Accounts appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST IRS-friendly tax software Node40 Balance supports Dash with Bitcoin next in line. The post US Blockchain Firm Launches Digital Currency IRS Tax Software, Bitcoin Support Next appeared first on CryptoCoinsNews. |
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CryptoCoins News, 1/1/0001 12:00 AM PST […] The post Chinese Bitcoin Exchanges Seek Customers’ Funds Details; Withdrawals to Resume? appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST As tensions rise in bitcoin's scaling debate, backing is growing for a solution that could sideline miners should they try to force a code change. |
CoinDesk, 1/1/0001 12:00 AM PST Circle has suggested in an email to users that, in order to avoid the consequences of a potential hard fork, they may want to to sell their bitcoin. |