1. What is Bitcoin worth today? Big Jump in Price
When investors ask themselves on a daily basis “What is Bitcoin worth today?” they usually get a disappointing answer. However, since December 17, within less than three days, the Bitcoin price has surged from $3,181 to $3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase, Bitstamp or Binance, Bitcoin (BTC) has slightly corrected to $3,700 but the breakout of the dominant cryptocurrency above the $3,700 mark has led analysts to consider the possibility of the asset testing major resistance levels in the $3,800 to $4,200 range.
2. Russians can invest in ICOs up to $9000 a year
Russian lawmakers have revised another bill regarding the regulation of the industry built around cryptocurrencies. In its latest version, the draft law on crowdfunding sets the maximum amount of money ordinary Russians will be permitted to invest in projects such as ICOs at less than $9,000 per year.
3. What’s next for Bitcoin Miners in 2019?
The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked cryptocurrency. The price crash that accelerated in mid-November took the Bitcoin price $3791.03 to its lowest point in more than a year. Many miners were forced out of business.
4. Circle Publishes Monthly USDC Audit
Goldman Sachs-funded startup Circle has recently published a third-party audit report of its dollar-pegged stable coin USDC. Chicago-based firm Grant Thornton LLP, one of the largest accounting firm in the United States, was involved in the process. The report which details USDC reserves till 30th November 2018 is the second consecutive one published by the firm. This move was taken amid the interest of major exchanges in listing the coin.
5. Venezuela isn’t the Crypto Use Case We Need
Venezuelan expat David Díaz of the Blockchain Academy in Buenos Aires told CoinDesk that many Venezuelans are learning about cryptocurrency through forced exposure to the state-issued Petro, in addition to aggressive outreach strategies from projects like Dash. Many don’t even know that bitcoin is useful itself, beyond its ability to ease the transfer of assets like dash or dollars.
It seems as though the most important question they have right now is, what is bitcoin worth today, tomorrow and the days to come.
6. Bitcoin in 2018: A retrospective
Believe it or not, this year was Bitcoin’s 10th birthday. For some, this anniversary was an important indicator of Bitcoin’s stability. “Bitcoin having made it 10 years, even as it significantly declined from a late 2017 peak, stands out as a remarkable achievement where a piece of code that is not governed by any central authority or government has been able to create so much value,” said Steve Eliscu, Executive Vice President of DMG Blockchain. As it stands the Bitcion Price is $3779 according to CoinMarketCap.
7. France Rejects Crypto-Friendly Tax
The French Nationwide Meeting rejected the regulations on Monday, believing that the present rate of tax exemptions is fair, and thus warrant no changes. At the time of writing, these exemptions stand at 305 euros, though the new laws would have risen this rate to roughly 3,000 or 5,000 euros. Members of the Meeting stated that such a spike would be nothing less than “extreme.”
8. Bitcoin Fundamentals Unchanged for Institutionalization
Spencer Bogart of Blockchain Capital believes that all of the promises and potentials associated with Bitcoin remain unchanged despite Bitcoin price plummeting by more than 80 percent from its mid-December 2017 all-time high.
9. Irish High Course Rullins “Breaks New Legal Ground”
Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported on Tuesday, Dec. 18. The court “broke new legal ground”, while considering the case of Neil Mannion — a man reportedly serving a six-and-a-half year prison sentence at Wheatfield Prison in Dublin for drugs offences since 2014.
10. Digital Asset’s Blythe Masters Resigns
Digital Asset, a provider of distributed ledger technology (DLT), surprised markets on Tuesday by announcing that its Chief Executive Officer (CEO) Blythe Masters is stepping down. According to the statement, her resignation is due to personal reasons. Masters, who has been the CEO since 2015, will remain a board member, strategic advisor and shareholder of the company.
What is bitcoin worth today?
At 12PM EST Bitcoin is worth $3774 according to CoinMarketCap.