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02/05/18 - Bitcoin drops below $7k, Credit card companies blocking bitcoin purchases, and more!


Kyle Torpey's Daily Bitcoin Recap

February 5 · Issue #163 · View online

Kyle Torpey has been a full-time Bitcoin writer and researcher since early 2014. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, Kyle goes over the day's top Bitcoin stories in a daily YouTube show and podcast, which can be found at

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Must read Bitcoin stories from today...
Cryptos Not Like Gold as a Haven During Stock Rout - Bloomberg
Virgin Money joins ban on buying Bitcoin on credit cards - BBC News
Canada's Banks Allow Credit-Card Crypto Purchases -- For Now - Bloomberg
China to stamp out cryptocurrency trading completely with ban on foreign platforms | South China Morning Post
India to bar cryptocurrencies from its payments system: finance ministry official | Reuters
U.S. regulators to back more oversight of virtual currencies: testimony | Reuters
SEC chairman: We're not undermining bitcoin, just warning about its risks
The Cost of Crypto Is Turning Miners Towards Green Power - Bloomberg
Excited for Schnorr signatures – Murch – Medium
Seele ICO Investors Stung in $2 Million Telegram Group Scam - Bitsonline
Hackers Breached BeeToken’s Email List And Stole $1M Worth Of Ethereum - Information Security Buzz
North stole cryptocurrency from South Korea worth billions of won last year: NIS
Secure Your Crypto Wallet Against $5 wrench attacks
More bitcoin price and Wall Street stories from today...
Your brain and Bitcoin: The fear of missing out is real - The Globe and Mail
As Bitcoin Bubble Loses Air, Frauds and Flaws Rise to Surface - The New York Times
Bitcoin student buy-up prompts Brisbane school to issue 'caution' - ABC News (Australian Broadcasting Corporation)
ECB looking at risk to banks from digital currencies | Reuters
SEC drags feet on approving bitcoin ETFs
More bitcoin adoption and awareness stories...
In Puerto Rico, dozens of entrepreneurs are making a cryptocurrency utopia | Pittsburgh Post-Gazette
US$1 billion down, why is Japan still in love with bitcoin? | This Week In Asia | South China Morning Post
This European royal family might invest in cryptocurrencies
Students Pay Tuition through Cryptocurrency Investments – Washington Square News
A 24 year-old became a bitcoin millionaire at age 24 — here's how - Business Insider
Riding the bitcoin wave in search of a golden shore - Chicago Tribune
US: Super Bowl Ad Uses Singer Lionel Richie To Adverti... | News | Cointelegraph
Dig at BTC in Superbowl commercial : Bitcoin
Japanese Airline Confirms Future BTC Payment Option In... | News | Cointelegraph
More bitcoin industry stories from today...
AntPool are now mining transactions with a fee of less than 5 sat/byte : Bitcoin
Biggest problem facing bitcoin exchanges has nothing to do with price - Business Insider
Major Cryptocurrency Exchange Bittrex To Add USD Tradi... | News | Cointelegraph
Bread launches international bitcoin purchases with credit card: High limits. Same-day delivery.
Blockstream Devs Depart for New World Computer Project - CoinDesk
Blockchain Welcomes Marco Santori as new President
Fun fact: Slush, the creator of TREZOR and Slushpool got hacked in 2012 and lost ~3000BTC. This prompted him to create the world's first hardware wallet : Bitcoin
More bitcoin technical stories from today...
Understanding Payment Channels – Chainside
Friendly reminder to use custom fees! Block 507,744, average fee/size 156 sat/B while 1 sat/B TXs are being mined. : Bitcoin
[bitcoin-dev] Graftroot: Private and efficient surrogate scripts under the taproot assumption
More bitcoin dark web, hacking, and scam stories...
Bitcoin gunpoint theft-bid suspects' e-fits issued - BBC News
Texas Hits Another Crypto Lending Platform with Cease-and-Desist - CoinDesk
Fake Adobe Flash Update Sites Pushing CPU Miners
Read ad used by dark web dealer Kyle Enos to sell fentanyl for bitcoin - Business Insider
Iowa man charged with selling drugs to Athens students on Dark Web using Bitcoin
Feds Split Up Stolen Sheep Market Funds - Deep Dot Web
More altcoin and ICO stories from today...
Ripple’s XRP is down 80% from its January peak | Markets Insider
Search Giant Baidu Launches CryptoKitties Knock-off - CoinDesk
Ethereum game "CryptoKitties" is launching on mobile and in China — Quartz
More bitcoin regulation stories from today...
Cryptocurrencies are far from unregulated | American Banker
Italian Crypto Businesses to Register Under Proposed New Rules - CoinDesk
US Commodities Regulator Warns on Crypto Retirement Scams - CoinDesk
UAE Financial Watchdog Warns Investors Over ICO Risks - CoinDesk
New York Lawmaker Proposes Study of State-Backed Cryptocurrency - CoinDesk
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