Cryptocurrency news

• Report: Peter Thiel's Founders Fund Bets Millions on Bitcoin

  02-01-2018 23:00
  PayPal co-founder Peter Thiel's VC firm reportedly made hundreds of millions by putting $15 million to $20 million down on bitcoin last year.
  
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• Cryptocurrency Use in Illicit Activity ‘Small’ Compared to USD Volume: US Treasury Official

  02-01-2018 22:31
  The post Cryptocurrency Use in Illicit Activity ‘Small’ Compared to USD Volume: US Treasury Official appeared first on CCN
  In December, the U.S. Senate Judiciary held a full panel hearing focusing on a bill designed to modernise anti-money laundering (AML) laws, which included looking at the role that digital currencies play. The hearing on Bill S1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing took place, chaired by Chuck Grassley, a senio
  
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• Ethereum Foundation Announces Millions in Grants for Scaling Research

  02-01-2018 21:35
  Ethereum creator Vitalik Buterin has announced two new subsidy programs. Teams can now apply to work on scaling proposals for the blockchain network.
  
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• KWATT COIN – TOKENIZED ELECTRICITY – A REVOLUTIONARY SOLUTION

  02-01-2018 21:34 via newsbtc.com
  2017 has been a record breaking, awe inspiring rollercoaster ride for cryptocurrency valuations with over 2000% valuation increases. With all the hype and global attention on Bitcoin and other cryptocurrencies, Initial Coin Offerings have attempted to tokenize just about everything in 2017. However, in this culture of tokenization, what everybody has failed to observe is that, with price spikes in crypto valuations comes energy spikes in transactions processing.
  As of September 30, 2017, 1 Bitco
  
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• Peter Thiel’s Founders Fund is Holding Hundreds of Millions of Dollars in Bitcoin

  02-01-2018 21:00
  The post Peter Thiel’s Founders Fund is Holding Hundreds of Millions of Dollars in Bitcoin appeared first on CCN
  One of Silicon Valley’s most respected venture capital firms has stockpiled hundreds of million dollars in bitcoin. Citing several people familiar with the matter, The Wall Street Journal reports that Founders Fund is sitting on several thousand bitcoins, spread across several of its recently-launched funds. Co-founded by billionaire Peter Thiel, Founders Fund has more tha
  
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• Move Over, Winklevoss Twins: There Could Be 200 Bitcoin Billionaires

  02-01-2018 20:13
  The post Move Over, Winklevoss Twins: There Could Be 200 Bitcoin Billionaires appeared first on CCN
  Gemini co-founders Cameron and Tyler Winklevoss grabbed headlines last month when the value of their publicized bitcoin holdings surpassed $1 billion, making them the first “verified” bitcoin billionaires. However, blockchain data indicates that there could be as many as 200 bitcoin billionaires who have kept their holdings a secret to maintain their privacy. That’s according
  The
  
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• Crypto Market Sets New High as Bitcoin Dominance Drops to Historic Low

  02-01-2018 19:45
  The cryptocurrency market sets all-time-high above $660 billion while bitcoin dominance dropped to its historic low.
  
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• The Bank of England is Entertaining its Own Official Cryptocurrency

  02-01-2018 19:26
  The post The Bank of England is Entertaining its Own Official Cryptocurrency appeared first on CCN
  As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used by central banks to settle payments. Now, England’s central bank is upping the ante, looking to
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• Lightning Network For Ethereum? ETH Surges as “Casper” Approaches

  02-01-2018 19:22
  Casper will change Ethereum from a Proof-of-Work to a Proof-of-Stake network.
  
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• Esports.com Completes Successful ERT Tokensale Hitting Hard Cap, Begins Building Largest E-Gaming Community Worldwide

  02-01-2018 19:15
  The post Esports.com Completes Successful ERT TokensaleHitting Hard Cap, Begins Building Largest E-Gaming Community Worldwide appeared first on CCN
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Esports, which looks to be the largest portal of its kind, recently concluded a token for ERT. Demand was so high for the tokens, participants contributed enough during
  The p
  
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• Criminals Turning Away from Bitcoin, Preferring Altcoins

  02-01-2018 19:07
  Privacy coins like Monero and Zcash ensure privacy in every transaction, making them popular.
  
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• New Bitcoin Cash Tech Takes Aim at Accidental Spending Issue

  02-01-2018 19:00
  Bitcoin ABC, a full node implementation for bitcoin cash, released a new BCH address format to prevent funds from going to BTC addresses instead.
  
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• Putin Orders Work on ‘CryptoRuble’ to Escape Western Sanctions

  02-01-2018 18:03
  The post Putin Orders Work on ‘CryptoRuble’ to Escape Western Sanctions appeared first on CCN
  Three-term Russian president Vladimir Putin has ordered Moscow officials to work on creating Russia’s own national cryptocurrency dubbed the ‘cryptoruble’ as a means to evade sanctions. At a recent government meeting, Sergei Glazev, Putin’s economic advisor, told other officials that a cryptoruble could serve as a ‘useful tool’ to circumvent crippling inte
  
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• Egypt's Religious Leader: Crypto Trading Forbidden Under Islamic Law

  02-01-2018 18:00
  Egypt's Islamic religious leader says the cryptocurrency trading is not legal based on the Islamic religious law.
  
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• (+) And the Best Performing Cryptocurrency of 2017 Is….

  02-01-2018 17:56
  The post (+) And the Best Performing Cryptocurrency of 2017 Is…. appeared first on CCN
  The post (+) And the Best Performing Cryptocurrency of 2017 Is…. appeared first on CCN
  
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• Future of Fair Games: True Flip Announces Major Updates and 50% Reduction in Ticket Prices

  02-01-2018 17:51
  The post Future of Fair Games: True Flip Announces Major Updates and 50% Reduction in Ticket Prices appeared first on CCN
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Blockchain-based lotteries and fair games have become a major attraction for people looking for some light entertainment and betting games to play online. What we immediately realize is
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• Russia’s Plans for Cryptocurrency: “No Regard” for International Sanctions?

  02-01-2018 17:49
  A Russian financial advisor has proposed that the "cryptoruble" could help Russia evade the law.
  
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• Improving Cryptocurrency Accessibility: ESR Launches Token Generation Event

  02-01-2018 17:49
  The post Improving Cryptocurrency Accessibility: ESR Launches Token Generation Event appeared first on CCN
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Cryptocurrency wallets are generally meant for storage purposes only. While there are POS-based tokens where your crypto worth can passively increase over time through staking, the returns are
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• ALT COIN ANALYSIS: DO WE EXPECT SHORT TERM MONERO BUYS TOWARDS $400?

  02-01-2018 16:55 via newsbtc.com
  Despite the overall bear signals in the weekly chart, there are pocket of bull pressure.
  As such, we expect a short term Monero buys going forward. The only thing we should be watching for now is how price reacts at $400.
  At the same time, the same set up is panning out in IOTA. Even though there is over-valuation in the higher time frame chart, our immediate resistance lies at $4.2 and $5 respectively.
  Let’s have a look at other charts
  $1.1 IS NEM’S SHORT TERM RESISTANCE
  XEMUSD 4HR
  
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• Stellar Price Soars 33% on OKEx Listing, Up 165% in 7 Days

  02-01-2018 16:54
  The post Stellar Price Soars 33% on OKEx Listing, Up 165% in 7 Days appeared first on CCN
  The stellar price soared by 33 percent on Tuesday following its addition to cryptocurrency exchange OKEx. Stellar Price Leaps by 33 Percent It’s been a good month for projects founded by Jed McCaleb. The developer’s former project — ripple — returned the best performance of any cryptocurrency in 2017, and the token’s price has increased
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• South Korea Sets Date for Anonymous Crypto Trading Ban: Report

  02-01-2018 16:50
  South Korea will reportedly begin implementing new regulations banning anonymous cryptocurrency exchange accounts on or around Jan. 20.
  
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• North Korean Hackers Secretly Mining Crypto

  02-01-2018 16:45 via newsbtc.com
  According to South Korean cyber crime analysts at Financial Security Group, a hacking ring known as Andariel have been seizing control of computers to mine cryptocurrencies. It’s believed that they’re operating from within North Korea and it is sanctions against Kim Jong Un’s regime that is causing the hackers to experiment with such unorthodox tactics.
  During the summer of 2017, Andariel are thought to have secretly taken over a server at a South Korean company. Since then, th
  
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• Malaysian Minister: No Bitcoin Trading Ban Planned

  02-01-2018 15:50
  A Malaysian finance minister has said the government will not ban cryptocurrency trading, though it will remain cautious on the technology.
  
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• Bitcoin Price Will ‘Burn Out in Spectacular Crash’: Fmr White House Budget Chief

  02-01-2018 15:44
  The post Bitcoin Price Will ‘Burn Out in Spectacular Crash’: Fmr White House Budget Chief appeared first on CCN
  A former White House budget director said that he believes the bitcoin price will experience a “spectacular crash,” teaching the “really stupid” cryptocurrency investors a serious lesson about how markets function. Bitcoin Price to See ‘Spectacular Crash’ David Stockman, who served as the director of the US Office of Management and Budget
  
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• Can Bitcoin Be Mined with Solar Power? Ask the Israeli Firm Being Sued

  02-01-2018 15:39
  "Three things cannot be long hidden: the sun, the moon, and the truth." - Buddha
  
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• Aim, Fire: Bulletproofs Is a Crypto Privacy Breakthrough

  02-01-2018 15:00
  Taking the spotlight from zk-snarks, new privacy tech bulletproofs is garnering significant attention from a handful of blockchain developers.
  
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• Aim, Fire: Bulletproofs Is a Breakthrough for Privacy on Blockchains

  02-01-2018 15:00
  Taking the spotlight from zk-snarks, new privacy tech bulletproofs is garnering significant attention from a handful of blockchain developers.
  
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• Cryptocurrency Market Cap Nears All-Time High as Bitcoin Dominance Hits Historic Low

  02-01-2018 14:53
  The post Cryptocurrency Market Cap Nears All-Time High as Bitcoin Dominance Hits Historic Low appeared first on CCN
  The cryptocurrency market cap came within $11 billion of its all-time high on Tuesday, signaling that the ecosystem has recovered from the late-December downturn that temporarily caused more than $200 billion in capital to evaporate from the markets. This rally has been altcoin-driven, and, as the bitcoin price continues to languish below $14,000, the flagship
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• Egypt: Islam Forbids Bitcoin

  02-01-2018 14:52 via newsbtc.com
  Egypt’s Dar Al Iftaa have issued an Islamic Ruling (Fatwa) which expressly forbids using Bitcoin as a means of exchange on religious grounds. According to multiple government ministers, the cryptocurrency threatens the economy, funds terrorism, and because it lacks set rules, it is “considered as a contract annulment in Islam”. These factors have influenced the decision by the government body concerned with ensuring that legislation is inline with religious creed within the nat
  
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• DASH and Litecoin Analysis January 3, 2018

  02-01-2018 14:37 via newsbtc.com
  DASH/USDDASH rallied a bit during the trading session on Tuesday, and as we continue to consolidate. The $900 level underneath being the “floor”, while the $1200 level above is the “ceiling.” The market does have a slight tilt to the downside though, so it will probably be difficult to break out above the $1200 level. However, if we do we could see this market goes high as $1500 relatively rapidly.
   
  LTC/USDLitecoin has broken above a descending trend line, showing s
  
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• Ethereum Analysis January 3, 2018

  02-01-2018 14:30 via newsbtc.com
  ETH/USDEthereum started out the year very strong, reaching above the $850 level. At this point, it appears that the market is trying to continue the upward pressure, and perhaps go looking towards the $900 level. Longer-term, we have just broken out of an ascending triangle that suggests we could continue to go towards the $1000 handle. Buying on pullbacks is probably what we are about to witness.
   
  ETH/BTCWith Ethereum rallying in the way it has, and of course Bitcoin looking a bit soft, i
  
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• ECB's Yves Mersch Calls Bitcoin a 'Major Threat' to Financial Stability

  02-01-2018 14:30
  Yves Mersch has said bitcoin could pose a threat to economic stability if financial infrastructure institutions get involved with the tech.
  
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• Bitcoin Analysis January 3, 2018

  02-01-2018 14:24 via newsbtc.com
  BTC/USDBitcoin has dipped a bit during the trading session on Tuesday, but at this point it looks like there is a large descending triangle trying to form, putting bearish pressure on Bitcoin. Because of this, we are either going to consolidate back towards the $16,000 level, or we will need to pay attention to the $12,000 level. If it gets broken to the downside, the market could go looking for as low as $8000. A break above the $14,000 level should send this market looking for that $16,000 han
  
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• Bitcoin Price Watch; New Year, New Levels

  02-01-2018 14:06 via newsbtc.com
  It’s Tuesday morning and it’s time for the first of our twice-daily bitcoin price watch analysis pieces of 2018. Last year was a monster year for the entire cryptocurrency space but exactly how the coming year is going to play out is anybody’s guess. Obviously, we are hoping for some degree of appreciation between now and the end of 2018 but the degree to which things appreciate and the severity of any corrections along the way remain to be seen and (of course) is well out of o
  
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• Over $900: Ether Starts 2018 at All-Time Price High

  02-01-2018 13:45
  The native token of the ethereum platform, ether, hit an all-time high of over $900 this morning.
  
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• China’s Largest Bitcoin Exchange Heads to Japan and South Korea With Major Bank Deal

  02-01-2018 13:38
  The post China’s Largest Bitcoin Exchange Heads to Japan and South Korea With Major Bank Deal appeared first on CCN
  Huobi, formerly the largest cryptocurrency exchange in the Chinese market prior to the cryptocurrency trading ban imposed by the local government, is reallocating to Japan, the second largest cryptocurrency market in the world. Huobi Will Move to Japan and South Korea In late 2017, China’s three major cryptocurrency trading platforms Huobi, OKCoin, and BTCC officially
  T
  
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• Tap Coin, Uniting Gaming Economies with Blockchain Technology

  02-01-2018 13:33 via newsbtc.com
  One of the more profound aspects of the modern-day world is the ability to monetize almost anything. All around the globe the very definition of money is being radically updated with new innovations that are causing disruption to the mainstream traditional financial establishment.
  One of the biggest aspects of this financial revolution is the emergence of Blockchain technology. A lot has happened since those early days in 2008 when the Bitcoin whitepaper introduced Blockchain technology to the w
  
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• Bank of England Solidifies Plans to Issue a Digital Currency in 2018

  02-01-2018 13:00 via newsbtc.com
  Central banks want to issue their own digital currencies. After the success of Bitcoin and various altcoins, such a decision was to be expected. So far, no institution has effectively done so, although things are progressing nicely behind the scenes. Venezuela, for example, will issue the Petro very soon. Bank of England has also solidified their plans to issue a digital currency. If things go according to plan, this may happen at some point in 2018. For now, no official date has been announced
  
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• Jolyy: A Decentralized Beauty Platform for Cosmetic Aficionados

  02-01-2018 12:49 via newsbtc.com
  The beauty industry is one of the most growing niches all over the world since many people cherish the value that good looks bestow on them. Unfortunately, there are numerous weaknesses curtailing this industry from expanding to its maximum potential.
  A closer look at the industry shows that only big beauty firms with huge advertisement budgets are the ones succeeding. Smaller franchises, on the other hand, languish in low sales and a wanting customer base. Consumers too face challenges of their
  
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• Bitcoin is Not Legal Tender, Clarifies Indian Finance Minister

  02-01-2018 12:49
  The government is waiting for the recommendation of a panel to make a final decision on cryptocurrency.
  
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• Cardano Surpasses Litecoin, Achieves $20 Billion Market Cap

  02-01-2018 12:34 via newsbtc.com
  Cardano, a proof-of-stake (PoS) consensus protocol-based cryptocurrency, has overtaken Litecoin to become the fifth largest cryptocurrency in the global market.
  The market valuation of Cardano has surpassed the $20 billion mark, recording a 12 percent increase in value over the past 24 hours.What is Cardano?
  Created by IOHK, a blockchain technology company that actively contributes to the codebase of Ethereum Classic, ScoreX, and RSI Coin, Cardano is a blockchain network developed by a team of d
  
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• “Condition: Like New” – Buy an Abandoned Prison with Bitcoin

  02-01-2018 12:16
  "This facility is designed to withstand an F5 tornado".
  
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• Verge Coin is Not as Anonymous as they Claim

  02-01-2018 12:11
  The whistleblowing site also claims that TOR has not been added to the Wraith update.
  
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• Putin Investigating 'Cryptorouble' as Way to Avoid Western Sanctions

  02-01-2018 12:00
  President Vladimir Putin has reportedly commissioned Russian officials to work on developing a national cryptocurrency dubbed the "cryptorouble."
  
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• First P2P Eco-System of Crypto Buyers Start Token Generation Event February 2018

  02-01-2018 11:56
  The post First P2P Eco-System of Crypto Buyers Start Token Generation Event February 2018 appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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• Lucyd and Credencys Solutions from Strategic Alliance. Credencys Solutions to Provide Augmented Reality Apps for Lucyd Smartglasses

  02-01-2018 11:52
  The post Lucyd and Credencys Solutions from Strategic Alliance. Credencys Solutions to Provide Augmented Reality Apps for Lucyd Smartglasses appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, prod
  
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• Caviar’s Leaders Predict What’s Coming for Cryptocurrency and Real Estate in 2018

  02-01-2018 11:46
  The post Caviar’s Leaders Predict What’s Coming for Cryptocurrency and Real Estate in 2018 appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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• Vietnam Bitcoin Adopters Face Criminal Prosecution, Fines Up to $9,000

  02-01-2018 11:42
  The post Vietnam Bitcoin Adopters Face Criminal Prosecution, Fines Up to $9,000 appeared first on CCN
  Vietnam’s central bank has enforced laws that prohibit the issuance and usage of bitcoin as legal tender in the country. The State Bank of Vietnam (SBV), Vietnam’s central bank, has outlawed bitcoin as a legal means of payment after refusing to include the cryptocurrency among non-cash payment methods approved by the authority. As reported by
  The post Vietnam Bitcoin Adopters Face Cr
  
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• RepuX Launches Decentralized Data Sharing Platform for SMEs and Developers, Secures Contract to Gain Access to Millions of Customers

  02-01-2018 11:42
  The post RepuX Launches Decentralized Data Sharing Platform for SMEs and Developers, Secures Contract to Gain Access to Millions of Customers appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, pro
  
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• Shiny Leaf Announces Bitcoin Cash Support & Free Gift for All Who Use It to Pay

  02-01-2018 11:39
  The post Shiny Leaf Announces Bitcoin Cash Support & Free Gift for All Who Use It to Pay appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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