Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 7

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Will 2019 be a year of recovery for cryptocurrencies? One of the important events to watch out for is the launch of International Exchange’s (ICE) crypto trading platform Bakkt. While the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) currently…

Marijuana Stocks Technical Analysis Chart 1/7/2019 by ChartGuys.com

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Overstock’s tZERO Receives Patent for ‘Crypto Integration Platform’

E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO has filed a patent for a “crypto integration platform” for trading digital assets. The patent was published by the United States Patent and Trademark Office on Jan. 1. The patent filing describes a system that would be able to receive orders to trade “digital transactional items” — such as securities, tokens, digital shares, cash equivalents and digital assets — from broker-dealers and then translate the orders into crypto orders on a digital exchange. The platform reportedly aggregates various market data from cryptocurrency exchanges and…

Bitcoin Price Between Holding Gains and Losing Gains as Breakout Waits

The bitcoin price held onto its gains this Monday as the trading session across the Asian and European markets expressed its calm. The bitcoin-to-dollar pair is trading at $4,009, down 1.93 percent from Monday’s high. The correction appears natural to an overperforming asset, and its significance should be weighed in when it extends as far as 10 percent from the recent peak. As bitcoin heads into an interim sideways trend, the asset has attempted to pierce below $4,000 on five separate occasions today. It seems that there is a decent…

Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship

American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. Rubin made his announcement on Twitter Jan. 6. In an interview with the Washington Examiner last week, Rubin explained his decision to leave Patreon — which reportedly accounts for “between 60-70 percent” of his funding — as taking “a stand against the ever-moving encroachment on free speech, on free expression” on mainstream platforms. Rubin, who has a background in stand-up comedy,…

Hashpower Consolidation on Network Is ‘Not 51% Attack’

Ethereum Classic (ETC) developers have stated that a mining pool evidently claiming over 50 percent of the network’s hashrate was “most likely selfish mining” in a tweet today, Jan. 7. ETC devs also explicitly stated in the same tweet that the previously noted hashrate consolidation is not a 51 percent attack, and that double spends were not detected. The tweet revealed a potential cause for “the recent mining events,” attributing the increased hashrate to the testing of new 1,400/Mh ethash machines by application-specific integrated circuit (ASIC) manufacturer Linzhi. Also today,…

Monero “Mistake”—Now You Can’t Pay for Fortnite Merch with Monero

If you were excited about Friday’s news about Monero (XMR) being accepted on the Retail Row store, well, sorry to break the bad news, but according to CEO of Epic Games, Tim Sweeney, it was all a “mistake.” Oops, but also… how? Monero Mistake Over the weekend, the CEO of Epic Games—the creators of 2018’s biggest game, Fortnite—admitted that adding Monero as a payment method on the games online store was a “mistake.” And not a ‘Now that I have reflected on my actions I believe I chose the wrong course of action’ mistake,…

Fourth Suspect Arrested Following Alleged $70+ Million Crypto Scam

Indian police have arrested an associate of a group accused of conducting a crypto scam involving 5 billion rupees (about $71.6 million), English-language local media The Indian Express reports Jan. 7. This is the fourth arrest of the ongoing case and reportedly occurred a year after Thane police uncovered the alleged scam in Mumbai. The man, Rohit Kumar, has reportedly been arrested by Delhi police acting on a complaint from a Kanpur resident. According to the police, Amit Lakhanpal — the man who launched the allegedly scam cryptocurrency — is…

Bitcoin News Summary – January 7, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The forthcoming major exchange Bakkt announced the completion of their first funding round, which raised $182 million. Bakkt intends to cater to institutional interest in Bitcoin and other digital assets. Concerns surfaced regarding crypto exchanges. Bitcoin investor, Trace Mayer, called for a “Proof of Keys” event on the 3rd of January. Users were prompted to withdraw their bitcoins from exchanges to test for full or fractional reserves. HitBTC froze certain client’s withdrawals ahead of the event. Other companies listed…

Bitcoin Ethereum Litecoin XRP Technical Analysis Chart 1/7/2019 by ChartGuys.com

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