• Crypto Porfolio Managment App Blockfolio Raises $11.5 Million

    Crypto portfolio tracker Blockfolio has raised $11.5 million in a round of fundraising led by prolific cryptocurrency focused hedge funds Pantera Capital.  Pantera Capital has maintained a positive outlook for cryptocurrency for a while. The investment firm, led by its CEO and chief investment officer Dan Morehead recently invested in market prediction platform Augur, an
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  • Bitcoin Explodes to $7,000 within 24 Hours; What Caused the Short-Term Rally?

    After months of bearish action, the Bitcoin price on Monday soared above $7,000 within a matter of hours.BTC/USD bounced from $6,269 earlier today to establish fresh highs towards $6,950, according to CoinMarketCap, adding approximately $9 billion to its market cap. On some exchanges, including Hong Kong-based BitFinex, the pair skyrocketed above $7,000.
    Weak USDT Pumps Bitcoin
    The circa ten percent jump was waved by the sell-off of USDT, a USD-pegged token, which didn’t exactly remai
  • Crypto Trading Models: CFDs, Exchanges and Decentralized Exchanges

    Cryptocurrency exchanges do not fall under the same regulations that other kinds of asset exchanges do.
  • Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator

    The outgoing chairman of Hong Kong’s securities regulator has – unlike China – ruled out a total ban on domestic cryptocurrency exchanges, suggesting formal regulations instead. Hong Kong’s Securities and Futures Commission (SFC) is drawing plans in reaction to the growing appetite for cryptocurrencies like bitcoin among retail investors and traders – by regulating the
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  • PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

    The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.
  • Bitcoin Exchange Bitfinex Announces New Reporting Tools for Users

    Bitfinex has announced that launch of a new suite of reporting tools intended to help users gain greater control over their trades and give them useful insights into their activities on the platform. In a blogpost on its website, Bitfinex revealed that the tools are designed to enable users gain unlimited insights by viewing as
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  • Bitcoin Price Watch: BTC/USD’s Upside Drift, Reversal And Tether’s Decline

    Key PointsBitcoin price rallied above the $6,600 and $6,700 resistances and later reversed gains against the US Dollar.
    There was a break above a major bearish trend line with resistance at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken).
    Tether (USDT) pairs rallied above the $7,000 and $7,500, but later trimmed most of its gains.Bitcoin price broke the $6,700 resistance, but it failed to hold gains against the US Dollar. BTC/USD is back to $6,400 and it is currently under
  • Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

    Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market.
    “Last Dip Ever”
    AngeloBTC, a well-followed cryptocurrency commentator and analyst, r
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  • Price of Tether Stablecoin Tanks to 18-Month Low

    The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
  • Cardano Price Analysis: ADA/USD Surging Towards $0.090

    Key HighlightsADA price formed a decent support near the $0.0700 level and rallied recently against the US Dollar (tethered).
    There was a break above a key bearish trend line with resistance at $0.0802 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
    The pair is placed nicely in a positive zone and it could move further towards $0.0880 and $0.0900.Cardano price jumped back in a positive zone against the US Dollar and Bitcoin. ADA/USD is likely to accelerate gains towards the $0.0
  • Bitcoin Price Explodes to $7,500 as Tether Loses USD Peg

    Bitcoin price surged 9 percent within hours as Tether started losing its grip on the USD-peg. The BTC/USD pair closed yesterday on a modest 2 percent gain in pennant formation action following the recent drop. Nevertheless, the couple started picking momentum during the early Asian trading session and jumped to as high as 7800-fiat from
    The post Bitcoin Price Explodes to $7,500 as Tether Loses USD Peg appeared first on CCN
  • Blockchain Refresh: Why KPMG's New Strategy Focuses on Customs

    Big Four consultancy KPMG is expanding its blockchain activities beyond pure financial services work to explore a less-traveled path.
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  • Ripple Price Analysis: XRP/USD Rallies Above $0.4200

    Key HighlightsRipple price rallied recently and broke the $0.4200-0.4300 resistance against the US dollar.
    There was a break above two key bearish trend lines with resistance near $0.4200 on the hourly chart of the XRP/USD pair (data source from Kraken).
    The pair cleared the all-important $0.4200 resistance and the 100 hourly simple moving average.Ripple price is rallying sharply against the US Dollar and Bitcoin. XRP/USD may continue to move higher as long as it is above $0.4200 and $0.4300.
    Ri
  • Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion

    The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U.S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere.
    Tether, Bitfinex Worries Plague Crypto Market
    During the wee hours of Monday morning, crypto assets saw a strong, but suspicious move to the upside, even though volumes continued to dwindle. As users took to internet sleuthing to determine the catalyst behi
  • Newsflash: Bitcoin Surges to $7,500 on Bitfinex Due to Tether Implosion, Real Price $6,700

    The price of Bitcoin has surged from $6,300 to $7,500 on Bitfinex, a major cryptocurrency exchange that reportedly operates Tether LLC, a firm that oversees the development of stablecoin Tether (USDT). Bitcoin is being traded with a significant premium on exchanges that have integrated USDT such as OKEx and Huobi, because traders have initiated the
    The post Newsflash: Bitcoin Surges to $7,500 on Bitfinex Due to Tether Implosion, Real Price $6,700 appeared first on CCN
  • Bitcoin Price Jumps by 11% to Reach One-Month High Above $6.9k

    Bitcoin's price spiked by 11 percent in just two hours on Monday, climbing above $6,900 for the first time in a month.
  • Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs

    To improve crypto-to-fiat liquidity in India amidst an ongoing banking ban, Indian exchanges are finding methods that could function inside the grey areas of law.
    Unocoin in its latest announcement revealed its plan to launch a network of Bitcoin ATMs across India. The Bengaluru-based crypto exchange, which has been in the field since 2013 and currently boasts a 1.2 million customer-base, already introduced one crypto trading kiosk in its hometown. It enables users to exchange Bitcoin,
  • Ethereum Price Analysis: ETH/USD Jumps Above Key $200 Resistance

    Key HighlightsETH price finally gained momentum and broke the $197 resistance against the US Dollar.
    There was a break above a key bearish trend line with resistance at $197 on the hourly chart of ETH/USD (data feed via Kraken).
    The pair is now placed nicely above the $197 and $200 resistance levels.Ethereum price gained momentum recently against the US Dollar and bitcoin. ETH/USD is now placed for more gains above the $197, $198 and $200 resistance levels.
    Ethereum Price Analysis
    Recently, ther
  • North Dakota Regulator Issues Cease and Desists Against 3 ICOs

    The North Dakota Securities Department last week issued cease-and-desist orders against three companies promoting initial coin offering (ICO) in the state. Karen Tyler, the Securities Commissioner, named Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin aka LifecrosscoinGmbH, as the latest offenders involved in illegal business practices related to cryptocurrencies. Investigations found that the accused
    The post North Dakota Regulator Issues Cease and Desists Against 3 ICOs
  • Bitcoin Cash Price Analysis: BCH/USD is Struggling Below $450

    Key PointsBitcoin cash price failed to recover above the $440 and $450 resistance levels against the US Dollar.
    There is a connecting bearish trend line in place with resistance at $444 on the hourly chart of the BCH/USD pair (data feed from Kraken).
    The pair could decline below $420 if it continues to struggle near the $440-450 zone.Bitcoin cash price is facing a tough barrier at $450 against the US Dollar. BCH/USD may consolidate between $420-450 before it makes the next move.
    Bitcoin Cash Pri
  • How a Left-for-Dead, $0.22 Crypto Asset Became a Lifeline for Activists

    A tiny cryptocurrency named faircoin is providing an underground economy across the world.
  • Bitcoin (BTC) Price Watch: Bulls Defend Triangle Bottom Again

    Bitcoin Price Key HighlightsBitcoin price tumbled down to the bottom of its long-term triangle but bulls keep buying on dips.
    Support continues to hold so another test of the resistance at $6,600 could take place.
    Technical indicators, however, are giving mixed signals on whether support might keep holding or not.Bitcoin price has bounced off the bottom of its triangle once more and is setting its sights on the top.
    Technical Indicators Signals
    The 100 SMA is still below the longer-term 200 SMA
  • Cryptocurreny Market Update: Only Hardcore Hodlers Still in The Game

    FOMO Moments
    Monday markets are looking red; XRP and Dash sliding, Tron and Tezos holding ground.
    Monday morning in Asia is a red one in crypto land as markets slide further back. There have been no more major selloffs, however, and losses are marginal. Total market capitalization is still in the $200 billion range.
    Bitcoin has not moved for the past four days and is still holding support at just below $6,300. BTC has dictated the flow of the rest of the market enough times this year and it seem
  • EOS Price Analysis: Trouble Brews in Cardano as Tron Outperforms other Altcoins

    Of all the coins under review, Tron is a top performer adding two percent in the last day. Regardless, sellers are in control. As a result, at spot prices, EOS, Litecoin, Stellar Lumens and Cardano traders should be shorting on every high in lower time frames. Reasonable stops should be at recent highs with first targets in line with our altcoins price analysis.
    Let’s have a look at these charts:
    EOS Price Analysis
    Days after backing use of Credit cards, Jimmy Song, a Bitcoin developer and
  • Bitcoin Price Analysis: Centralization of Mining Pools open Up New Attack Vectors

    After losing four percent in the last week mostly compounded by strong losses of Oct 11, sellers are in control. This view is regardless of our expectations of higher highs in the aftermath of deflating dips of last week. Despite this, we recommend aggressive traders to short at spot prices. However, risk-averse traders can take a neutral stand until after there are losses below $6,000.
    Latest Bitcoin News
    A new joint study between Princeton University and Florida International University is rea
  • AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

    The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in
    The post AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’ appeared first on CCN
  • (MM) Billionaires Lost Over $100 Billion in Global Stock Market Decline

    The post (MM) Billionaires Lost Over $100 Billion in Global Stock Market Decline appeared first on CCN
  • As Petro Launch Looms, Venezuela’s Bolivar Eyes 1.4 Million Percent Inflation

    Based on findings from the International Monetary Fund (IMF), the annual inflation rate for Venezuela could reach as high as 1.37 million percent by the end of 2018. Inflation estimates for the country have risen several times this year as Venezuela struggles with policies and production — and prepares to launch its Petro cryptocurrency No
    The post As Petro Launch Looms, Venezuela’s Bolivar Eyes 1.4 Million Percent Inflation appeared first on CCN
  • UK: Cryptocurrency Regulations May Take 2 Years for Lawmakers to Draft

    Cryptocurrency regulations in the UK could take up to 24 months to be introduced according to a legal expert at a UK based law firm. James Kaufmann, Legal Director at Reynolds Porter Chamberlain (RPC) UK, while commenting on the subject in a statement published by his company, said it could take two years to introduce such
    The post UK: Cryptocurrency Regulations May Take 2 Years for Lawmakers to Draft appeared first on CCN
  • Report: Crypto Funds Make up 20% of Hedge Fund Launches in 2018

    The number of cryptocurrency hedge fund launches has increased dramatically in 2018 despite a bearish market, finds a new study. According to Crypto Fund Research, crypto funds now constitute 20 percent of the total hedge fund launches in 2018. The industry witnessed 90 cryptocurrency fund launches by the end of the third quarter of this
    The post Report: Crypto Funds Make up 20% of Hedge Fund Launches in 2018 appeared first on CCN
  • Major Exchanges are Delisting Coins as some Platforms Begin to Falter

    Although crypto values have remained relatively stable for several weeks, overall activity across the crypto space continues to grow rapidly. Development is at an all time high, and more of the general public is developing an interest in crypto investment. Not surprisingly, exchanges are beginning to place a greater degree of scrutiny on crypto platforms, with delistings becoming more common.Earlier this week, Binance announced the delisting of Chatcoin, Bytecoin, Iconomi, and Triggers. The exch
  • Budding NBA Star is a Bitcoiner, Says His Shoe Brand Will Accept Crypto

    Spencer Dinwiddie is not “rich” by professional athlete standards. Currently, he makes around $1 million a year before taxes from his NBA contract. The 38th overall pick in the 2014 NBA draft at the age of 21, Dinwiddie has already played on three professional teams. Currently, he plays for the Brooklyn Nets and has a
    The post Budding NBA Star is a Bitcoiner, Says His Shoe Brand Will Accept Crypto appeared first on CCN
  • IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System

    The International Monetary Fund (IMF) has stated in a recently released report that the rapid growth of Bitcoin and crypto could impact the international finance system. The report entitled “World Economic Outlook: Challenges to Steady Growth” published by the IMF read: “Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of risk
    The post IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System appeared
  • China Threatens Overseas Tax Havens, Will Investors Flock to Crypto?

    Since early 2018, the government of China has tightened policies targeting millionaire investors in the country holding their wealth overseas to avoid large taxes, and it may lead local investors to alternative assets like crypto. Chinese investors rely on the Swiss offshore banking industry, Hong Kong real estate market, and foreign stock markets to hoard
    The post China Threatens Overseas Tax Havens, Will Investors Flock to Crypto? appeared first on CCN
  • Opinion: Cryptocurrency and Wealth Redistribution

    2018 has been a harsh period for cryptocurrencies prices in general. Prices, in general, have been falling from late January until now, with the usual ups and downs. Nevertheless, as prices and technology rarely come hand-to-hand, during this period we’ve seen some conceptual improvements started being implemented, such as Ethereum side-chains and plasma or Bitcoin’s
    The post Opinion: Cryptocurrency and Wealth Redistribution appeared first on CCN
  • Bear Market Sees Bitcoin Volume Approaching Yearly Low Once Again

    Earlier today, on October 14, the price of Bitcoin experienced an abrupt increase from $6,300 to $6,410 within minutes. The unexpected rise in the Bitcoin price led traders to be optimistic about the short-term trend of the crypto market, as analysts previously stated that for the dominant cryptocurrency to demonstrate signs of recovery, it will
    The post Bear Market Sees Bitcoin Volume Approaching Yearly Low Once Again appeared first on CCN
  • Bitcoin is Not a Legal Tender in Zambia, Says Central Bank

    Zambia’s central bank has said that cryptocurrencies like bitcoin aren’t legal tender in the country. The Bank of Zambia (BoZ), responsible for creating and implementing monetary policies for the world’s 105th largest economy, explained their stance against the use of cryptocurrencies in contrast to the growing public interests in the field. The central bank admitted
    The post Bitcoin is Not a Legal Tender in Zambia, Says Central Bank appeared first on CCN
  • Bitcoin Fully Bottomed Out at $6k? Bears Struggle to Justify Stability

    The question of whether Bitcoin has bottomed already has again surfaced following the latest drop in the digital currency price.Bears have no explanation as to why BTC has been holding this price for so long… as if it were forming a floor.Those bullish can explain this – BTC has fully corrected… and equal to the previous corrections of 0.236 [23% in real value]. pic.twitter.com/8brzXRxBsJ
    — dave the wave (@davthewave) October 13, 2018The BTC/USD pair last week fell 7 pe
  • Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset

    Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset.
  • Exposed: Bitcoin Scam Used New Zealand’s Prime Minister as an Endorsement

    New Zealand’s Prime Minister, Jacinda Ardern, is the latest high-profile individual to be used in perpetuating a cryptocurrency scam. According to the Prime Minister’s office, various ads bearing her image have appeared on social media network Facebook with the intention of persuading citizens of the Asia Pacific country to invest in a cryptocurrency startup. To
    The post Exposed: Bitcoin Scam Used New Zealand’s Prime Minister as an Endorsement appeared first on CCN
  • Crypto Week In Review: Coinbase Drops Index Fund, “Dr.Doom” Bashes Crypto

    Despite Nouriel “Dr.Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming.
    Nouriel “Dr.Doom” Roubini Takes To Twitter, US Senate To Bash Crypto
    Dr.Nouriel Roubini, one of NYU Stern’s economics professors, recently bashed the cryptocurrency and blockchain world through a series of scalding comments and rants. Speaking in front of the U.S. Sen
  • Crypto Reckoning? Industry Vets Strike Humble Tone in San Francisco

    Many at San Francisco Blockchain Week are warily reflecting on the lessons of the 2017 token boom, the pride that came before the bear-market fall.
  • Finance Magnates to Take Part in the Tel Aviv dAppathon 2018

    Finance Magnates teams up with Dapp Works for a blockchain hackathon in Tel Aviv.
  • Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year

    Manny Pacquiao’s long-awaited cryptocurrency could launch by the end of the year. According to a StraitsTimes report, Singapore based Global Crypto Offering Exchange (GCOX) is in charge of the launch of the Pac Tokens, the cryptocurrency that leverages on the popularity of the Philippine boxing legend. The news outlet quoted GCOX chief communications officer Evan Ngow who
    The post Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year appeared first on CCN
  • Bitcoin Price Weekly Analysis: BTC/USD Could Test $6,390 Before Lower

    Key PointsBitcoin price found support near the $6,100 level and corrected higher against the US Dollar.
    There is a major bearish trend line in place with resistance at $6,325 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
    The pair must break the $6,325 and $6,390 resistance levels to move into a positive zone.Bitcoin price is currently correcting higher against the US Dollar. BTC/USD is likely to face a strong selling interest near the $6,380-6,390 resistance area.
    Bitcoin Pri
  • Ethereum Price Weekly Analysis: ETH/USD’s Bearish Trend Below $207

    Key HighlightsETH price declined heavily and traded as low as $184.5 against the US Dollar.
    There are two important bearish trend lines in place with resistance at $208 and $218 on the 4-hours chart of ETH/USD (data feed via Kraken).
    The pair may correct higher, but there are many hurdles near $207 and $212 on the upside.Ethereum price is facing many barriers versus the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses as long as it is below $212.
    Ethereum Price Analysis
    This past
  • Bitcoin Cash Price Weekly Analysis: BCH/USD Sell on Rallies Near $470

    Key PointsBitcoin cash price found support near the $420 level and later recovered against the US Dollar.
    There is a key bearish trend line formed with resistance at $470 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
    The pair is likely to face a lot of selling interest near the $470 and $500 levels in the near term.Bitcoin cash price is under pressure below $500 against the US Dollar. BCH/USD remains sell on rallies near the $470 and $480 levels.
    Bitcoin Cash Price Analysis
    T
  • Cryptocurrency Market Update: A Lazy Sunday in Crypto Land

    FOMO Moments
    Crypto markets are horizontal today; Only Digitex Futures is pumping.
    Cryptocurrency markets are still at the bottom following their mid-week dump. There has been no sign of a bounce back to previous levels as total market capitalization is still hovering just above $200 billion.
    Bitcoin has remained on a flat line since its Thursday dump of $300. BTC fell to $6,300 and is currently trading just below that level, it has fallen 5% since the same time last weekend. Ethereum is also ve
  • What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage

    On Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on
    The post What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage appeared first on CCN
  • Watch out Wall Street, Blockchain is Coming: Fmr. JPMorgan Exec. Blythe Masters

    Blockchain innovator and former JPMorgan head of commodities Blythe Masters spoke at the London Metal Exchange annual dinner during the LME Week to say that blockchain is coming to commodity markets to introduce heightened confidentiality, reduce paper waste, and improve provenance and productivity. Masters — who became managing director at JPMorgan at the age of 28
    The post Watch out Wall Street, Blockchain is Coming: Fmr. JPMorgan Exec. Blythe Masters appeared first on CCN

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