Rapid Price Drop / Expensive CryptoKitty / Chocolate Bitcoins

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (1:16 p.m. EST): $6,954.74 (-5.69%) // 90-day high: $8,362.59 // 90-day low: $5,755.25/ / More… $BCH (1:16 p.m. EST): $531.88 (-16.42%) // 90-day high: $1,663.91// 90-day low: $513.11 // More… $ETH (1:16 p.m. EST): $245.43 (-15.02%) // 90-day high: $790.72 // 90-day low: $242.75 // More… $LTC (1:17 p.m. EST): $60.09 (-12.36%) // 90-day high: $162.87 // 90-day low: $52.78 // More… $XRP (1:17 p.m. EST): $0.29 (-13.71%) // 90-day high: $0.86 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The price of bitcoin dropped three percent in about 10 minutes Wednesday morning. The drop coincided with a report that Goldman Sachs plans to pull back on near-term plans to set up a cryptocurrency trading desk. Goldman had intended to start the trading desk in the near future, but reportedly has put other cryptocurrency projects higher on its priority list, including a custody product. The prices of the major altcoins – litecoin, ethereum, and ripple – also dropped significantly. –BLOOMBERG       2. A CryptoKitty was just purchased for $172,000. The cat, named Dragon, was purchased by the user Rabono. The game's developers declined to comment on the sale, which has raised a number of questions in the crypto community. Most notably, people wonder if the cat was somehow purchased by accident, or if the transaction was part of a money laundering scheme. –CNET       Attend Trading Show New York: FREE Education on Cryptocurrencies, Blockchain & More With your FREE visitor pass to the Trading Show New York, you get access to seminars with topics including crypto investing, blockchain, and capital markets. You can also hit our expo floor, where you can discover new technology solutions for cryptocurrencies, blockchain, data analytics, & more!     3. Wal-Mart is now selling bitcoins … made of chocolate. A number of the company's stores began selling bitcoin-branded candy, made by Frankford, a candy manufacturer based in Philadelphia. While neither Frankford not Wal-Mart would discuss the thinking behind the candy treat, some on Reddit believe the product is further proof of bitcoin's growing place in mainstream culture. –BITCOINIST       4. IBM's Blockchain World Wire (BWW) payment network is no longer in beta. The chain uses digital currency on stellar's blockchain to facilitate international settlements between banks in "near real-time." BWW will compete with payments systems like ripple, which have used blockchain to provide additional security and transparency to the global financial system. –COIN TELEGRAPH       Mycroft AI, the leader in open source and privacy-centric Voice Assistant Technology, is running a crowdfunding campaign accepting Bitcoin on StartEngine We're innovating voice command for your phone, car, speakers, and more. There's a reason why 500 startups, Jaguar Automotive, and Siri Software invested in us and now you can too for as little as $250 (Bitcoin accepted). Check out our campaign and learn more here>>       5. Augur, the decentralized prediction marketplace, missed out on a potentially gigantic windfall. The company sold around one million ether immediately following its ICO in 2015. The coins sold for about $0.70. That sum of coins would be worth more than $1 billion just two years later when the price of ethereum eclipsed $1,000 per coin. Augur creator Joey Krug said the company sold the coins to fund its growth. It never intended to hold the coins raised during its ICO. "People funded it to fund software development and get it built, not to run a profit seeking investment vehicle / hedge fund," he tweeted. –CRYPTO SLATE       6. Bittrex may soon delist bitcoin gold. The crypto currency has suffered a series of breaches with thieves taking more than $20 million. Bittrex said it would not continue to list the coin unless it repaid more than $120,000 that was taken during a 51 percent attack earlier this year. The exchange said it did not want to "take responsibility" for the bitcoin gold chain. –THE NEXT WEB 7. The bitcoin cash split appears imminent, one writer believes. The rift appeared to intensify during the Bangkok Miners Summit. –ETHEREUM WORLD NEWS 8. The town of Ocean Falls, British Columbia, has put hopes of a resurgence in bitcoin mining. Some, though, believe the bitcoin mine will be too little, too late for the small town. –FINANCIAL POST 9. A number of experts see November as a pivotal time for bitcoin. There is a belief that the US Securities Exchange Commission will finally approve an ETF at that point, leading to a price increase. –FORBES 10. Blockchain has potential for higher education. A writer examines what school technology leaders need to know. –INSIDE HIGHER ED       From the Forums A relaunch of litecoin.com. Bitcoin's use case is Venezuela, not Starbucks. A review of the HandCash wallet.       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Dozens of analysts covering news on 2,000 coins in 24/7 realtime. Over 80,000 staff-written headlines. Learn more.

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