TagBitcoin

Pure Bitcoin News. Read the latest Bitcoin News from CCN Markets. We cover Bitcoin and cryptos 24/7 every day of the year.

Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit

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By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U.S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission (CFTC), the bitcoin price was hovering at below $10,000. "Bakkt is bridging that gap to access this market...

Winklevoss Twin Talks Emerging Markets, Ignored Citizens and Bitcoin

By CCN Markets: Cameron Winklevoss teetered on sounding political Sunday, tweeting about Bitcoin, emerging markets and humanity. Bitcoin is going to disrupt gold, but it will also disrupt any volatile emerging market that doesn't put the welfare of its citizens first and foremost. — Cameron Winklevoss (@winklevoss) August 18, 2019 The co-founder of Gemini followed that tweet up with...

Self-Proclaimed Satoshi Nakamoto's Bitcoin 'Reveal' Is an Epic Fail

By CCN Markets: The latest self-proclaimed Satoshi Nakamoto overpromised and underdelivered in Part 1 of his "big reveal" — probably to the surprise of no one in crypto. In a meandering blog post, the self-proclaimed bitcoin inventor did not reveal his real name, nor did he produce a photo of himself. So we're still no closer to learning his true identity than we were before the "reveal." One...

Bitcoin Groupies Call Bullsh*t on 'Fraudulent' Satoshi Reveal

bitcoin creator satoshi nakamoto identity

By CCN Markets: The handful of Bitcoin fans who are still begging for the “real” Satoshi Nakamoto to please stand up may get their wish as early as today. However, most of the crypto community isn't getting worked up. They’re in no mood to be punked. 'Satoshi Nakamoto' to Reveal 'True' Identity CCN reported that blockchain company Satoshi Nakamoto Renaissance Holdings would unveil the identity...

3 Gaping Holes in the Limited Supply Thesis Parroted by Bitcoin Shills

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By CCN Markets: As the resident "Bitcoin Skeptic" here at CCN, it's my job to provide some level – headed arguments about why you should be extremely careful about buying or trading bitcoin, or any other cryptocurrencies. Don't be a sucker. And ignore hype from the media. Today I'm focusing on the argument that bitcoin's limited supply will mean that the cryptocurrency is always in demand...

Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Run

hong kong, bitcoin

By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government. A prominent leader of the protesters called for a run on the banks, urging people to drain their accounts. The call was music to the ears of bitcoin enthusiasts, many of whom...

Bitcoin: This Research Proves the New Boss Is Same as the Old Boss

bitcoin wealth concentration

By CCN Markets: Research released by blockchain analysis group PARSIQ this week did much to weaken Bitcoin’s image as a global freedom currency. The findings detail the massive accumulation of wealth in the hands of a minuscule few, resulting in inequality greater than what can be found in the established "old money" institutions. Just 0.023% of the top Bitcoin addresses hold 50% of the total...

Mystery 'Satoshi Nakamoto' Claims He's Hodling $10 Billion in Bitcoin

bitcoin inventor satoshi nakamoto

By CCN Markets: Move over, Craig Wright! The "real" Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days. What's more, the "real" Nakamoto claims he's currently in possession of 980,000 BTC. Using today's bitcoin price, that stash is worth more than $10 billion. A blockchain company called Satoshi Nakamoto Renaissance Holdings promised that the "real"...

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