Featured Posts

The Problem with Fidelity’s Crypto Trading Platform

October 16, 2018

Please reload

Recent Posts

Crypto Market Update (09 October 2018)

October 9, 2018


General Market Outlook


The market is primarily negative today by small percentages. Nearly all coins are in the red and trading volume has slowed to $11 billion in 24 hours. Nebulas (NAS), Dentacoin (DCN) and Noah Coin (NOAH) are the major stand outs of the top 100 coins by market cap - up over 14%, 10% and 10% respectively in the past 24 hours. Bitcoin (BTC) is right around  $6,600 for -0.5% and a total market dominance of 52.3%, and Ethereum (ETH) is right at $230 for -0.5% change in the past 24 hours. Market cap for the overall cryptocurrency market slowly lost $3 billion, now hovering around $219 billion total.



Major Headlines


CNBC Host Promotes Bitcoin


The analyst and host of CNBC’s show Cryptotrader believes that the price of Bitcoin (BTC) is “about to explode.” Ran Neuner expressed true confidence in a surge for BTC price. He even noted: “I just bought Bitcoin for my parents.” He believes that the rally would be tied to the U.S. SEC’s highly-anticipated upcoming decision on several Bitcoin ETFs. He highlighted that their new decision is extremely important. A Bitcoin ETF is a “way bigger deal” than a cash settlement Bitcoin futures contract, since it “requires actual purchase of BTC.” The SEC scheduled a deadline of November 5th for reviewing nine Bitcoin ETF applications from three different applicants.


Bitwala and Solaris - German Blockchain Bank Account


Bitwala hopes to launch Germany's first "blockchain bank account" in partnership with the Berlin-based fintech company solarisBank. The project is part of solarisBank's "Blockchain Factory" initiative. Bitwala will be able to offer banking services under the solarisBank's German banking license by mid-November. Bitwala raised €4 million in new funding last month to support its efforts. 35,000 users have pre-registered for the service. It is described as a  "fantastic technical platform that allows" anyone or any company to easily "go in and plug your use cases" into the solarisBank API. "We are very proud to partner with solarisBank as we launch our new product. Their technical services and regulatory umbrella enable Bitwala to be fully compliant with German banking requirements while offering a reliable user experience." - Jörg von Minckwitz, president of Bitwala


U.K. Funding Blockchain For Telecom


Th national telecom regulator’s Pioneer Fund announced that it would award nearly £700,000 to Ofcom last week. They describe the funding as a project using blockchain technology to improve U.K. telephone number management. "We will be working with industry to explore how blockchain could make it quicker and easier for landline customers to switch providers while keeping their number – as well as reducing nuisance calls. And we'll expand our research into other areas where innovative technologies such as blockchain could be applied to benefit consumers.” - Technology Officer Mansoor Hanif



Top 5 Gainers


HarmonyCoin (HWC) +131.71% at $0.000394

Ourcoin (OUR) +81.85% at $0.984160

BitNewChain (BTN) +63.32% at $0.079049

Newwork (NKC) +52.48% at $0.018242

SpreadCoin (SPR) +47.75% at $0.049965



Top 5 Losers


Pesetacoin (PTC) -47.85% at $0.005937

Triggers (TRIG) -37.85% at $0.184932

Experience Points (XP) -34.33% at $0.000022

Soma (SCT) -28.92% at $0.050188

ChatCoin (CHAT) -28.20% at $0.016963



New Coins Listed


DAO Stack (GEN) listed to Liquid

Divi Project (DIVI) listed to Cryptopia



By: BGN Editorial Staff


Share on Facebook
Share on Twitter
Please reload

Recent News
Please reload

About Bitcoin Global News

Our platform consist of everything bitcoin. We provide          bitcoin global news, press release distribution, and                bitcoin information.