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The Deal Coin - Pre-Sale Now Open Our aim is to become the platform of choice for millions of investors looking for a better deal and connecting them with businesses wanting quicker and fairer access to finance, regardless of location in the world. OVER 30% RAISED IN THE FIRST WEEK:15% Bonus only available during week 2 Buy Now | The trend was very definitely down for the Bitcoin price in the last week. Having started off at a high of $8,562 on Monday, it slithered steadily downwards during Monday and Tuesday. Wednesday saw a steep fall, with another one on Thursday followed by a slight recovery. Over the weekend there were several more falls, and today the price hit a new low for the year of $7,045. At the time of writing the price has ticked up a little and is at $7,146. Here’s a chart of the Bitcoin/dollar price in the last week: 
Meanwhile there is speculation that the continuous decline of the price this year has been caused by market manipulation. Read this theory on ccn: https://www.ccn.com/bitcoin-price-drop-from-20000-likely-due-to-market-manipulation-traders/ This article discusses how to cope with the extreme volatility seen in the cryptocurrency markets: https://cointelegraph.com/news/volatility-the-necessary-evil-of-cryptocurrency-and-how-to-handle-it ADVFN’s Cryptocurrency page gives you prices for Bitcoin and altcoins | 
BLOCKCHAIN SUMMIT Join the pioneers, innovators and thought leaders of the blockchain industry at our one day conference.
Speaking on the main stage:
Zeeshan Feroz, CEO of Coinbase UK
Obi Nwosu, CEO of Coinfloor
Cassie Craddock, Global Payments and Marketplace Expert at Ripple
Ruth Wandhöfer, Managing Director / Global Head of Regulatory & Market Strategy at Citi
13th of June 2018, Old Billingsgate, London
Gold Sponsor BP Prime Exclusive after show networking event, sponsored by Laneaxis, which will be open to all delegates.
Book now for earlybird discount | Bitcoin Predictions One analyst thinks the Bitcoin price is likely to fall further than it has already, below the $6,000 mark and could even go as low as $5,500. This would put it back where it was last October. But he thinks that the next bull cycle could start in the third quarter of 2018. Read his comments on ccn: https://www.ccn.com/bitcoin-price-to-bottom-at-5700-in-short-term-but-recover-analyst/ A much more gloomy prediction sees chief economist of asset manager Vanguard say there is a “decent probability” that the Bitcoin price will crash right down to zero. Read this alarmist view on ccn: https://www.ccn.com/decent-probability-bitcoin-price-goes-to-zero-vanguard-economist/ But there are plenty of reasons why his arguments don’t hold water, according to this opinion piece of ccn: https://www.ccn.com/debunking-5-trillion-vanguards-illogical-arguements-of-bitcoin-price-going-to-zero/ Cryptocurrency Crime The world of crypto is rife with scams, so you need to know how to protect yourself from the rip-offs. Here’s a handy rundown of five common scams and how to avoid them. Read it on Finance Magnates: https://www.financemagnates.com/cryptocurrency/education-centre/5-kinds-crypto-scams-avoid/ The Israeli authorities have indicted a local resident for allegedly using over 800 credit cards to carry out 20,000 fraudulent transactions and then using Bitcoin to launder the money. The state seized at least 1,071 BTC from the culprit. Read the story on ccn: https://www.ccn.com/1000-bitcoins-seized-in-landmark-israeli-money-laundering-case/ Here’s a particularly nasty scam. A North Carolina woman whose pet dog has gone missing was contacted by criminals who told her to pay a Bitcoin ransom if she wanted to see the dog again. Fortunately, she had already got the dog back so she knew it was a scam. Get the details from CBS 17: http://www.cbs17.com/news/local-news/scammer-demands-bitcoin-in-exchange-for-safe-return-of-lost-granville-county-dog/1195087271 Governments and Crypto The US Justice Department has started to investigate whether traders are manipulating the price of Bitcoin and other cryptocurrencies. The criminal probe is focussing on illegal practices which can influence prices, such as spoofing – flooding the market with fake orders to trick other traders into buying or selling. Get the details from Bloomberg: https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe Meanwhile the North American Securities Administrators Association has announced a series of probes into cryptocurrency, called “Operation Crypto-Sweep (catchy!) aimed at unregistered securities offerings and ICOs that promised great returns but didn’t cover the risks involved. Reuters has the story: https://www.reuters.com/article/us-crypto-currencies-states/us-and-canadian-regulators-open-probes-into-cryptocurrency-scams-idUSKCN1IM1HY Is owning or trading in cryptocurrencies a security risk? The US Defense Department and other agencies are struggling with how to define the currencies. As they try to recruit a more tech-savvy workforce, the question is whether owning Bitcoins or other digital currencies is an indicator or risky personal behaviour, which should flag up extra security in security clearances. Read more about this on Bloomberg: https://www.bloomberg.com/news/articles/2018-05-22/bitcoin-a-shadowy-new-realm-as-u-s-weighs-security-clearances The Marshall Islands has dumped the dollar and declared that its new national currency is a cryptocurrency. The “sovereign” will be legal tender, which means banks and credit card companies will have to start accepting it. Read the story on The Verge: https://www.theverge.com/2018/5/23/17384608/marshall-islands-cryptocurrency-us-dollar-usd-currency | 
ETORO – Trade – Invest Exclusive to ADVFN users: an introduction to cryptocurrencies. Crypto needn’t be cryptic! Download free E-book Highly volatile investment product – your capital is at risk | Exchange and Bank News There’s an interesting profile of Coinbase, the cryptocurrency exchange, in the Washington Post. The company is growing ever larger and now manages over 20 million customer accounts – nearly as many as Fidelity Investments, and twice as many as Charles Schwab. Read the article here: https://www.washingtonpost.com/business/economy/move-deliberately-fix-things-how-coinbase-is-building-a-cryptocurrency-empire/2018/05/17/623d950c-587c-11e8-858f-12becb4d6067_story.html German stock exchange Deutsche Boerse says it is “deep at work” on evaluating whether it should offer Bitcoin futures and other crypto products, according to one of the company’s top execs. “Before we move forward with anything like Bitcoin we want to make sure we understand the underlying transaction which isn’t the easiest thing to do,” explained Jeffrey Tessler, the company’s head of clients, products and core markets. Read the story on Bloomberg: https://www.bloomberg.com/news/articles/2018-05-23/deutsche-boerse-s-tessler-says-deep-at-work-on-bitcoin Blockchain News Australia plans to explore the use of blockchain technology to deliver social security welfare payments to its citizens. At a conference last week, an official said, “Our plan is to look for use cases across the Commonwealth with an initial focus on the welfare payment delivery system, then working with our digital service standard, we’ll conduct user research a view of having a prototype by the end of the next financial years.” Read the story on ZDNet: https://www.zdnet.com/article/welfare-payments-in-australia-could-be-delivered-over-blockchain/ A Chinese government report says that of the 80,000 blockchain projects launched throughout the world since the invention of the technology in 2008, only 8% are being actively maintained. The other 92% failed after an average of 1.2 years. Get the details from ccn: https://www.ccn.com/average-blockchain-project-dies-in-less-than-two-years-report/ Mining News Chelan County in Washington state has been at the centre of the US Bitcoin boom because of the region’s ultra-cheap hydroelectric power. But the miners are facing a backlash as they suck up power. Residential customers worry that their rates will go up as the public utilities struggle to deal with surging demand. Read the story in the Seattle Times: https://www.seattletimes.com/business/bitcoin-backlash-as-miners-suck-up-electricity-stress-power-grids-in-central-washington/ Speaking of power: there have been a lot of articles recently about the power-hungriness of cryptocurrencies. Yes, mining does use up a lot of energy, but creating and maintaining fiat currency does too. This article explains why the whole financial system of banks, ATMs, armoured cars and so on uses even more power. Read the article on ccn: https://www.ccn.com/op-ed-cryptocurrencies-like-bitcoin-consume-significantly-less-resources-than-fiat-money/ Other News A PR stunt for an ICO came to a tragic end after a mountain guide died while scaling Mount Everest. The Ukrakian startup company ASKfm had sponsored a promotion to hide a wallet of tokens at the mountain’s summit, which any crypto enthusiast who was “brave enough” could claim by climbing Everest. But a Sherpa who was helping the group of climbers to hide the wallet reportedly died during the stunt. ccn has the details: https://www.ccn.com/ico-pr-stunt-turns-tragic-after-guide-dies-scaling-mt-everest/ eToro has released some statistics about who is investing in cryptocurrency. You probably won’t be surprised to learn that the majority are men, aged between 18 and 35. They are either students or in the fields of sales/marketing, computer/IT or financial services. That makes me, as a middle-aged woman, the exception! Read the story on CryptoSlate: https://cryptoslate.com/students-retirees-millionaires-who-is-buying-cryptocurrency/ Cryptocurrency may be entirely digital, but that hasn’t stopped a start-up from planning to pen a brick-and-mortar store in order to bring cryptocurrency into the mainstream consciousness. Ubanx wants to provide physical spaces where people can learn about the world of crypto. Get the details from CryptoNews Review: http://cryptonewsreview.com/ubanx-will-bring-crypto-to-the-high-street-with-brick-and-mortar-stores/ The Crypto Trader News, information, tips and opinions on all things to do with cryptocurrency. Purchase a subscription with Bitcoin, LiteCoin, Ethereum or PlusOneCoin. Click here for more information New Book on Cryptocurrencies out now
from Clem Chambers The CEO of ADVFN, Clem Chambers, has a new book on cryptocurrencies out now in paperback and for the Kindle. Click here to buy the book from Amazon Trading Cryptocurrencies: A Beginner’s Guide - Bitcoin, Ethereum, Litecoin is an invaluable guide to making money in cryptocurrencies: how they work, how to invest in them, trading cryptocoins, mining, and the technical details behind them. 
Click here to buy the book from Amazon CME Bitcoin Futures ADVFN (LSE:AFN) is now offering free CME Bitcoin Futures data to its four million registered users. Anyone visiting the ADVFN site can obtain quotes, view charts and access real-time news for CME Bitcoin Futures here. Users can add these contracts to their portfolios and see bid, offer, highs, lows and current prices along with traded volumes. They can also view them on their monitor pages alongside their other investments. | 
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