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Despite Bitcoin Price Growth, Queen’s Bank Laughs Off Bitcoin

Joining the chorus of Bitcoin naysayers, Coutts Bank, who’s list of esteemed clients include the British royal family, are skeptical at best about the meteoric rise of Bitcoin value.

Joining the chorus of Bitcoin naysayers, Coutts Bank, who’s list of esteemed clients include the British royal family, are skeptical at best about the meteoric rise of Bitcoin value.

What Is aPocket?

TheMerkle Square Cash BitcoinStoring cryptocurrency in a safe and secure way has proven to be quite difficult for a lot of people. Far too often, people leave money on an exchange or an online wallet. Even desktop and mobile clients may not be ideal for storing sensitive information. The aPocket claims to be a convenient hardware wallet solution. While the product certainly works, it is also something anyone can build. More Secure Cryptocurrency Wallet Solutions On the surface, the aPocket hardware wallet solution for cryptocurrencies looks rather sleek. It is a flat and lightweight device capable of properly storing one’s cryptocurrency balance. That is critically important, because if one

TheMerkle Square Cash Bitcoin

Storing cryptocurrency in a safe and secure way has proven to be quite difficult for a lot of people. Far too often, people leave money on an exchange or an online wallet. Even desktop and mobile clients may not be ideal for storing sensitive information. The aPocket claims to be a convenient hardware wallet solution. While the product certainly works, it is also something anyone can build.

More Secure Cryptocurrency Wallet Solutions

On the surface, the aPocket hardware wallet solution for cryptocurrencies looks rather sleek. It is a flat and lightweight device capable of properly storing one’s cryptocurrency balance. That is critically important, because if one loses access to said balance, there is hardly a way to recover it unless proper backups were made. Unfortunately, a lot of people fail to make proper backups of their private key or recovery seed.

Additionally, the number of different cryptocurrency hardware wallets is still somewhat limited. As of now, there are the Ledger, Trezor, and KeepKey solutions, as well as a few others. Getting your hands on any of these wallets can be rather challenging, as they are always in high demand. Additionally, there are shipping delays to deal with, and none of these wallets may support the cryptocurrency you are interested in the most.

Whether or not the aPocket will be the solution people are looking for remains to be determined. This device uses the Raspberry Pi Zero, which is the cheapest version of any Raspberry Pi in existence today (it can be purchased for less than US$10 from most retailers). One will need an SD card to store some basic information such as transactions and the blockchain.

As one would expect, the aPocket comes with proprietary software and features. According to its website, the aBank and aOS are the main bread and butter of this project under the hood. Nevertheless, most people would be just as well off running any of the free Raspberry Pi OSes and installing their own currency’s client on top of it. Even the ROKOS would work just fine in this regard, as it has a built-in wallet and staking solutions for a wide range of cryptocurrencies.

The aPocket also features a built-in T-Mobile SIM card connection to ensure the user is connected to the network at all times. That is how it should work, anyway, but the network is only enabled once per week automatically. This allows for software updates as well as synchronization with the network itself. The aPocket team claims this is a private and secure solution, although it remains to be seen if that is the case. After all, SIM cards have to be registered in somebody’s name.

So far, it seems the aPocket is compatible with over 700 digital assets, which is not too shabby. It isn’t the highest number of assets one would expect, but it is a good start regardless. For the price of US$99.99, people will get access to a convenient way to store virtually any cryptocurrency in the world. It is unclear how much storage this device has under the hood, but it seems fair to assume it will be a rather limited amount.

Bitcoin heads towards $15000 despite ‘Dante’s Inferno’ warning – business live – The Guardian


The Guardian

Bitcoin heads towards $15000 despite ‘Dante’s Inferno’ warning – business live
The Guardian
Bitcoin heads towards $15,000 despite ‘Dante’s Inferno’ warning – business live. Royal Bank of Scotland’s chairman says central bankers should hang an ‘abandon hope’ warning over bitcoin. Sir Howard Davies: Authorities should warn about bitcoin risks

and more »


The Guardian

Bitcoin heads towards $15000 despite 'Dante's Inferno' warning – business live
The Guardian
Bitcoin heads towards $15,000 despite 'Dante's Inferno' warning – business live. Royal Bank of Scotland's chairman says central bankers should hang an 'abandon hope' warning over bitcoin. Sir Howard Davies: Authorities should warn about bitcoin risks ...

and more »

Bitcoin Price Watch; Playing The Intraday Volatility

Anybody found themselves holding bitcoin over the last few days is undoubtedly having a pretty great close to the week. Things have moved incredibly far and high in just a few short hours in the bitcoin price and, across some of the most well-known exchanges, bitcoin broke $15,000 apiece overnight last night. It’s time for … Continue reading Bitcoin Price Watch; Playing The Intraday Volatility

The post Bitcoin Price Watch; Playing The Intraday Volatility appeared first on NEWSBTC.

Anybody found themselves holding bitcoin over the last few days is undoubtedly having a pretty great close to the week. Things have moved incredibly far and high in just a few short hours in the bitcoin price and, across some of the most well-known exchanges, bitcoin broke $15,000 apiece overnight last night.

It’s time for us to put some levels together that we can try and use to draw a profit from the market on an intraday basis right now so we’re going to jump straight into it so as to avoid missing out on any of the volatility that is coming at us thick and fast currently.

As ever, then, take a quick look at the chart below before we get started so as to get an idea what happened overnight and where things stand as we head into the European session this morning. The chart is a one-minute candlestick chart and it has our primary range overlaid in green.

As the chart shows, the range that we are using for the session today comes in as defined by support to the downside at 14578 and resistance to the upside at 14746. This is a pretty wide range, so intrarange trading is an option as things stand. Specifically, long on a bounce from support towards a target of resistance and, conversely, short on a correction from resistance towards a target of support.

Looking at things from a breakout perspective, if we see price close above resistance, we will enter long towards an immediate upside target of 14800. A stop loss on the trade at 14730 defines risk nicely.

Looking the other way, if price closes below support, it will signal a downside trade with an immediate short target of 14510. Again we need a stop loss on the position and somewhere in the region of 14600 looks like it should do the trick.

Let’s see how things play out.

Charts courtesy of Trading View

The post Bitcoin Price Watch; Playing The Intraday Volatility appeared first on NEWSBTC.

Bitcoin Blasts Through $15000 Barrier Despite Bubble Warnings – Fortune


Fortune

Bitcoin Blasts Through $15000 Barrier Despite Bubble Warnings
Fortune
Bitcoin broke through the $15,000 barrier on Thursday morning as it continued what has been a remarkable run even by the cryptocurrency’s usual bubblelicious standards. At the time of writing, shortly before 5.30 am ET, the price of one bitcoin was
Bitcoin breaks above $12000 for the first timeCNBC
Bitcoin’s Price Passes $13k in New All-Time HighCoinDesk
Newsflash: Bitcoin Price Breaks $15000, Hits Quarter Trillion Market CapCryptoCoinsNews
CoinDesk –CoinMarketCap
all 53 news articles »

Fortune

Bitcoin Blasts Through $15000 Barrier Despite Bubble Warnings
Fortune
Bitcoin broke through the $15,000 barrier on Thursday morning as it continued what has been a remarkable run even by the cryptocurrency's usual bubblelicious standards. At the time of writing, shortly before 5.30 am ET, the price of one bitcoin was ...
Bitcoin breaks above $12000 for the first timeCNBC
Bitcoin's Price Passes $13k in New All-Time HighCoinDesk
Newsflash: Bitcoin Price Breaks $15000, Hits Quarter Trillion Market CapCryptoCoinsNews
CoinDesk -CoinMarketCap
all 53 news articles »

Bitcoin Price Surpasses $15,000 Without Major Problems

TheMerkle Bitcoin Price 15000It seems literally nothing can stop the current Bitcoin price momentum. That isn’t necessarily a bad thing mind you, but it also raises a lot of questions. As of right now, the Bitcoin price sits above $15,000, according to Coinmarketcap. It is evident this situation will only improve over time, although no one knows for sure how high the BTC price can effectively go in the coming days and weeks. Bitcoin Price Momentum Intensifies Even Further Throughout the year 2017, we have seen some amazing Bitcoin price momentum. it is safe to say this is by far one of the

TheMerkle Bitcoin Price 15000

It seems literally nothing can stop the current Bitcoin price momentum. That isn’t necessarily a bad thing mind you, but it also raises a lot of questions. As of right now, the Bitcoin price sits above $15,000, according to Coinmarketcap. It is evident this situation will only improve over time, although no one knows for sure how high the BTC price can effectively go in the coming days and weeks.

Bitcoin Price Momentum Intensifies Even Further

Throughout the year 2017, we have seen some amazing Bitcoin price momentum. it is safe to say this is by far one of the best years for Bitcoin, even though all of this momentum seems to resemble a bubble right now. It is not a popular opinion whatsoever, but no one can deny this rate of growth cannot be sustained whatsoever. For now, the momentum is still strong, but there is no reason to think Bitcoin will be the first asset in history to keep going up in value without major setbacks.

That being said, we have seen the Bitcoin price increase from $12,800 all the way to $15,244 without too much resistance. Granted, there has been a correction around the $14,600 mark, but the pushback didn’t last all that long. In fact, it seems the bullish momentum is only intensifying as we speak, which is a rather scary thought, to say the least. When the Bitcoin price correction sets in, things will get incredibly messy.

When Bitcoin’s price will see its much-needed correction, remains to be determined, though. It is evident there are plenty of people who think the Bitcoin price will hit $100,000 without too many problems before the end of 2018. Whether or not that will be the case, remains to be determined. We have seen massive price gains already without too many big corrections. For all we know, the price can drop by as much as 60% in the coming weeks, or it may continue to increase to $20,000.

With over $13.83bn in trading volume, it is rather evident Bitcoin makes all other currencies look minuscule in comparison. As we have seen throughout the years, Bitcoin price forces the value of all altcoins down as well. Even those currencies which had successfully decoupled from Bitcoin – or so it seemed  – are struggling once again. It is remarkable how willing people are to sell altcoins cheap even though they are well aware the momentum will eventually turn in their favor again. For those chasing profits, it is difficult to keep tabs on all of these developments.

Although Bithumb had overtaken Bitfinex in terms of trading volume this morning, the momentum has shifted around once again. Bitfinex is now firmly in the least, although the lead is pretty small, all things considered. GDAX is in third place now, as they easily outpace bitFlyer in terms of volume. It is evident fiat currency trading markets are still firmly in the majority right now, although a lot of people are actively converting altcoin holdings to Bitcoin as well.

It is evident the bullish Bitcoin price momentum becomes a lot more suspicious as of late. While big gains and losses are not uncommon in the Bitcoin world, a $2,000+ price gain in 24 hours is extremely suspicious. Whether or not things will play out in a negative manner, remains to be determined, though. The big question is whether or not any of the altcoins can effectively recover its lost momentum before the week is over. Right now, that seems highly unlikely, as everything is going deep in the red. An interesting situation, although there will be a correction of some sorts sooner or later.

How Much Is Bitcoin Really Worth? – Forbes


Forbes

How Much Is Bitcoin Really Worth?
Forbes
Rob Berger , Contributor I write about building wealth and achieving financial freedom. Opinions expressed by Forbes Contributors are their own. I’m sitting at my kitchen table at 6:31 PM ET on Friday, December 1, 2017. The price of Bitcoin is $10,790


Forbes

How Much Is Bitcoin Really Worth?
Forbes
Rob Berger , Contributor I write about building wealth and achieving financial freedom. Opinions expressed by Forbes Contributors are their own. I'm sitting at my kitchen table at 6:31 PM ET on Friday, December 1, 2017. The price of Bitcoin is $10,790 ...

Andreas Antonopoulos Receives a $550,000 Bitcoin Donation

Most people in Bitcoin are familiar with Andreas Antonopoulos. He is a great speaker at events, successful author, and doesn’t get involved in Bitcoin politics. However, one thing most people don’t know is how he isn’t a Bitcoin millionaire. That is slowly starting to change, thanks to a new donation campaign by the Bitcoin community. … Continue reading Andreas Antonopoulos Receives a $550,000 Bitcoin Donation

The post Andreas Antonopoulos Receives a $550,000 Bitcoin Donation appeared first on NEWSBTC.

Most people in Bitcoin are familiar with Andreas Antonopoulos. He is a great speaker at events, successful author, and doesn’t get involved in Bitcoin politics. However, one thing most people don’t know is how he isn’t a Bitcoin millionaire. That is slowly starting to change, thanks to a new donation campaign by the Bitcoin community.

A lot of people are surprised Andreas Antonopoulos hasn’t made millions off Bitcoin. Most people who got involved during the early days – and are still around – make a good amount of money. At the same time, some of us have to work for our money – paid in Bitcoin – and use that money to cover bills and expenses. In the case of Andreas, that is exactly what happened over the years. Bills need to get paid and Bitcoin has been valued pretty low for most of the past nine years.

Andreas Antonopoulos Receives Overwhelming Support

Roger Ver recently “called out” Andreas Antonopoulos over this development. As is usually the case, such debates spark an immediate reaction among the Bitcoin community. Because of this development, some people started donating healthy amounts of BTC to Andreas. That is only normal, as the Bitcoin community is often very helpful in these regards. The global availability of Bitcoin makes it easier to send money around the world as well.

Big was everyone’s surprise when someone donated 37.046 Bitcoin to Andreas Antonopoulos. This is just one donation and not the culmination of many different transactions. At the time of writing, this donation is valued at over $553,000. That is quite a steep donation, although it is a well-deserved one as well. It is important to note Andreas may not keep this money all to himself either. It is possible he may donate some of the funds to a charitable goal, although nothing has been officially confirmed at this point. His intent was never to get rich off Bitcoin in the first place.

All of this goes to show people genuinely appreciate Andreas Antonopoulos. It is commendable to see people show their support for his services throughout the year. Even though he never asked for any donations, people take it upon themselves to make good things happen. This is the power of Bitcoin as most of us have envisioned it for some years now. After all, it is important to keep track of what Bitcoin was designed to be in the first place.

The post Andreas Antonopoulos Receives a $550,000 Bitcoin Donation appeared first on NEWSBTC.

Millions of dollars may have been stolen in bitcoin hack – CNNMoney

CNNMoneyMillions of dollars may have been stolen in bitcoin hackCNNMoneyHackers have carried out a heist on a leading digital currency platform, making off with an unspecified amount of bitcoin. NiceHash, which describes itself as the largest marketpla…


CNNMoney

Millions of dollars may have been stolen in bitcoin hack
CNNMoney
Hackers have carried out a heist on a leading digital currency platform, making off with an unspecified amount of bitcoin. NiceHash, which describes itself as the largest marketplace for mining digital currencies, said late Wednesday that it was ...
Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hackTechCrunch
More than $60 million worth of bitcoin potentially stolen after hack on cryptocurrency siteCNBC
Bitcoin Mining Service NiceHash Says Hackers Emptied Its WalletBloomberg
The Guardian -CNET -Wall Street Journal -CoinDesk
all 81 news articles »

Gaming platform Steam ditches bitcoin support, citing ‘high fees and volatility’ – CNBC


CNBC

Gaming platform Steam ditches bitcoin support, citing ‘high fees and volatility’
CNBC
Steam said that volatility was another factor in the service’s decision to drop bitcoin payment support. Recently, the digital currency has surged to record highs well above $10,000. But there have been times when bitcoin’s price has dropped
Bitcoin: Steam Gaming Service Is Waving GoodbyeFortune
Bitcoin Shunned by Online Gaming Platform Steam on Fees, SwingsBloomberg
Steam ends support for bitcoinPolygon
BGR –Business Insider –Gizmodo –Fortune
all 111 news articles »

CNBC

Gaming platform Steam ditches bitcoin support, citing 'high fees and volatility'
CNBC
Steam said that volatility was another factor in the service's decision to drop bitcoin payment support. Recently, the digital currency has surged to record highs well above $10,000. But there have been times when bitcoin's price has dropped ...
Bitcoin: Steam Gaming Service Is Waving GoodbyeFortune
Bitcoin Shunned by Online Gaming Platform Steam on Fees, SwingsBloomberg
Steam ends support for bitcoinPolygon
BGR -Business Insider -Gizmodo -Fortune
all 111 news articles »

Bitcoin miner NiceHash reports hack, theft of its ‘wallet’ – USA TODAY


USA TODAY

Bitcoin miner NiceHash reports hack, theft of its ‘wallet’
USA TODAY
TOKYO – The Slovenian-based bitcoin miner NiceHash says it is investigating a security breach and the possible theft of tens of millions of dollars’ worth of bitcoins, as meanwhile the value of the virtual currency has soared to a new record high
Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hackTechCrunch
More than $60 million worth of bitcoin potentially stolen after hack on cryptocurrency siteCNBC
Bitcoin Mining Service NiceHash Says Hackers Emptied Its WalletBloomberg
CNET –Business Insider –CryptoCoinsNews
all 56 news articles »

USA TODAY

Bitcoin miner NiceHash reports hack, theft of its 'wallet'
USA TODAY
TOKYO – The Slovenian-based bitcoin miner NiceHash says it is investigating a security breach and the possible theft of tens of millions of dollars' worth of bitcoins, as meanwhile the value of the virtual currency has soared to a new record high ...
Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hackTechCrunch
More than $60 million worth of bitcoin potentially stolen after hack on cryptocurrency siteCNBC
Bitcoin Mining Service NiceHash Says Hackers Emptied Its WalletBloomberg
CNET -Business Insider -CryptoCoinsNews
all 56 news articles »

WorkHQ signs contract with RepuX that could potentially grant RepuX access to millions of SMEs in China

December 7, 2017; Kraków, Poland — WorkHQ, a China-based inventory management software signed a 5-year contract today with RepuX, an Ethereum-backed platform and protocol for small and medium enterprises (SMEs) to earn rewards for sharing data. The agreement will give SME’s using WorkHQs software to manage sales and purchase orders across Amazon, Taobao, and Tmall … Continue reading WorkHQ signs contract with RepuX that could potentially grant RepuX access to millions of SMEs in China

The post WorkHQ signs contract with RepuX that could potentially grant RepuX access to millions of SMEs in China appeared first on NEWSBTC.

December 7, 2017; Kraków, PolandWorkHQ, a China-based inventory management software signed a 5-year contract today with RepuX, an Ethereum-backed platform and protocol for small and medium enterprises (SMEs) to earn rewards for sharing data. The agreement will give SME’s using WorkHQs software to manage sales and purchase orders across Amazon, Taobao, and Tmall the option of earning rewards for selling encrypted data on the RepuX platform.

RepuX brings value back to businesses by providing a secure platform for data to be sold to interested parties. It is costly and time consuming to maintain large data sets and, until recently, there has not been an easy way for businesses to monetize and repurpose their data despite interest from developers looking to build applications with AI and machine learning capabilities.

Justifiably, many businesses have expressed concerns from a security perspective about sharing proprietary information. RepuX addresses need for incentive and concerns about security with its blockchain-backed platform that encrypts all data and rewards businesses in cryptocurrency for sharing data with developers and other interested parties.

The distributed aspect of the blockchain-backed network enables RepuX to meet developers main consideration — the quality of data — by enabling data purchasers to rate the quality with reputation scores. Developers can trust the validity of data that has been vetted by the network because its value is not being determined by a single, centralized entity, but by peers.

WorkHQ is incorporating RepuX’s technology into applications used by SMEs to provide clients with a means to sell their data in return for RepuX tokens. The RepuX token sale will be launching in February of 2018.

For media inquiries, or to schedule an interview, please contact Nikki Brown at Melrose PR; nikki(at)melrosepr(dot)com or call (310) 260-7901.

About WorkHQ

WorkHQ is a cloud based inventory management software that allows SMEs to manage their sales orders and purchase orders in real time offline and onlineacross Amazon , Tmall, Taobao and JD . WorkHQ eliminates the need for use of Excel spreadsheet for inventory management and increases business efficiency.

About RepuX

RepuX is a blockchain-backed protocol and platform for SMEs to earn rewards for sharing data on a secure, decentralized network. The RepuX platform encrypts data and maintains quality through reputation scores determined by purchasers. Industries that stand to benefit from the RepuX-enabled system of data exchange and rewards include ecommerce, healthcare, accounting, micro lending, and advertising, among others.

The post WorkHQ signs contract with RepuX that could potentially grant RepuX access to millions of SMEs in China appeared first on NEWSBTC.