Cryptocurrency news

• Korea Will Regulate Cryptocurrency Exchanges Like Commercial Banks, Legitimizing Industry

  11-06-2018 23:47
  The Korea Financial Intelligence Unit (KFIU) and other local financial agencies will regulate cryptocurrency exchanges like banks, imposing strict anti-money laundering (AML) policies to ensure criminals do not utilize cryptocurrencies to finance illicit operations. Similar to Japan During the Policy Advisory Council meeting held on June 8, KFIU director Kim Geun-ik led an extensive discussion … Continued
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• Bearish Markets See Only Slight Gains – BTC Still Below $7k, ETH Testing $500

  11-06-2018 23:41 via cointelegraph.com
  Bearish markets see only slight recovery today, with BTC still below $7k and ETH testing $500
  
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• AmEx Is Hiring to Help Sell a Ripple Powered Blockchain Product

  11-06-2018 23:40
  The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights.
  
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• LA ‘Bitcoin Maven’ Trader Pleads Guilty of Running an Illegal Money Exchange

  11-06-2018 23:00 via newsbtc.com
  In what’s being reported as the first case of its kind in Southern California, a woman has pleased guilty to running an illegal money exchange using bitcoin. Theresa Tetley is thought to have made over $300,000 a year using a peer-to-peer Bitcoin marketplace.
  “Bitcoin Maven” Sold Bitcoin Worth Millions of Dollars
  According to NBC Los Angeles, Tetley was operating under the name ‘Bitcoin Maven’ on LocalBitcoins. The platform is a website that allows its users to sell
  
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• CEBIT '18: IOTA and Volkswagen Present Proof of Concept for Autonomous Cars

  11-06-2018 22:45 via cointelegraph.com
  IOTA and Volkswagen demonstrate their Tangle-driven Proof-of-Concept for the the transfer of software updates between autonomous cars
  
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• Wells Fargo Bans Customers from Buying Cryptocurrency with Credit Cards

  11-06-2018 22:27
  Banking giant Wells Fargo has become the latest financial institution to ban its customers from using their credits cards to buy cryptocurrency. Fortune reports that Wells Fargo — the third-largest US bank with nearly $2 trillion in total assets as of the end of last year — will begin declining transactions made at known cryptocurrency … Continued
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• Japanese Giant Fujitsu Unveils Blockchain System for Retail Rewards

  11-06-2018 22:00 via newsbtc.com
  Japanese information and communication technology giant Fujitsu has revealed plans to use the blockchain to create a rewards system — think coupons and loyalty points — for the domestic retail market.Fujitsu Intelligent Society Solution Blockchain Asset Service
  The distributed ledger-based system — which will be exhibited at Interop Tokyo from June 13 to 15 — is called the Fujitsu Intelligent Society Solution Blockchain Asset Service, and is operated via a cloud platform.
  
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• Bitcoin's Price Is Below $7K And (Some) Hodlers Aren't So Happy About It

  11-06-2018 21:45
  The price of bitcoin hit a two-month low over the weekend – and social media is alight with speculation about it.
  
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• Bitcoin's Price Is Below $7K And (Some) Hodlers Aren't Happy

  11-06-2018 21:45
  The price of bitcoin hit a two-month low over the weekend – and social media is alight with speculation about it.
  
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• Lithuania Publishes ICO Guidelines, Aligns with United States’ Sentiment

  11-06-2018 21:17
  The Ministry of Finance of the Republic of Lithuania released guidelines for ICOs in the country on June 6. The published guidelines follow statements by the United States’ SEC that align ICOs as securities, as CCN reported last week. Lithuania has stood out as a major player in Europe for welcoming blockchain startups and businesses.
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• “You Can’t Ban Blockchain. It’s Math”: a Talk with Jimmy Wales

  11-06-2018 21:01 via cointelegraph.com
  Jimmy Wales on blockchain, advertising, regulations that don’t make sense and boats
  
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• Tether Overtakes Monero and Dash as Investors Wait for Bull Market

  11-06-2018 21:00 via newsbtc.com
  U.S. dollar backed stablecoin Tether (USDT) has overtaken privacy coins Monero and Dash to reach the 12th highest cryptocurrency by market cap following a recent drop in prices. As crypto investors store more of their value in Tether, the amount of money waiting for a bull run to enter the market is on the rise.
  Tether Shows Market Potential
  Over the past two weeks, Monero and Dash have succumbed to the downward pressures of the current bear market and dropped below Tether, which has a market ca
  
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• Crypto Exchange Binance to Offer Fiat-Crypto Trading via Malta-Based Platform

  11-06-2018 20:26 via cointelegraph.com
  Binance announces upcoming euro-crypto trading through separate Malta-based exchange
  
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• Bubbletone Partners with Dehedge to Give Additional Insurance against Failed ICOs

  11-06-2018 20:22
  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. Currently in the end of its ICO, the alt-telecom ecosystem Bubbletone has joined forces with DeHedge to offer protection against potential cancellations of token sales. The two companies have
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• Bitcoin Price Decline Caused by Hodlers’ Unprecedented $30 Billion Sell-Off: Research

  11-06-2018 20:13
  When the bitcoin price declined from nearly $20,000 in Dec. 2017 to below $6,000 during the first quarter of 2018, many observers blamed new investors whose shaky hands had never endured a true bear market. However, new research from blockchain analytics firm Chainalysis suggests that it was long-term investors, hands calloused from years of hodling
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• Binance Announces Euro Trading and UK Exchange License

  11-06-2018 20:00 via newsbtc.com
  Binance is taking an extra step into closer regulatory scrutiny as the cryptocurrency exchange plans to offer fiat-to-crypto trading to its customers.
  The operator, which is now based in the European country of Malta, has been dodging regulation since inception in order to have some of the least rigorous know-your-customer (KYC) policies within the industry and supports initial coin offerings (ICOs).
  Binance Embraces Regulatory Scrutiny with Euro Trading and UK Exchange Licen
  
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• KODAKCoin Inks Arena Partnership to Store NBA, NHL Photos

  11-06-2018 19:30
  Created by WENN Digital, KODAKOne and the KODAKCoin is announced to launch at 6 major OVG sports venues reaching over 10 million fans per year.
  
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• Apple Publishes Revised Cryptocurrency, ICO Guidelines for App Store

  11-06-2018 19:06
  Apple has revealed its revised guidelines in a dedicated section for iOS and MacOS apps centered on the cryptocurrency space. As bitcoin prices peaked near $20,000 in December 2017, Apple unveiled a new section of guidelines specific to cryptocurrencies and ICOs on December 20th.  For instance, apps facilitating any exchange or transfer of cryptocurrencies like … Continued
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• First approval certification for money and cryptocurrency transactions in Laos

  11-06-2018 18:41 via crypto-news.net
  Vientiane Exchange Money will become the first international currency exchange provider that has been certified to allow cryptocurrency transactions. This is considered a momentous occasion and the importance of how new technology will play a role in peoples’ lives, offering new experiences and opportunities in future transactions.
  Additionally Vientiane Exchange Money will be launching a new line of Automatic Teller Machines (ATM) the coming 1st of July, 2018 that has been equipped with c
  
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• Calling Bitcoin Whales: Highest World Cup Betting Limits Unveiled at Cloudbet

  11-06-2018 18:39
  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 … Continued
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• Essentia.One to Release World’s First Interoperable Multi-Chain dApp

  11-06-2018 18:28
  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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• Essentia Unveils World’s First Multi-Chain Interoperable dApp Store

  11-06-2018 18:28
  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 … Continued
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• Lithuanian Gov’t Releases ICO Guidelines That Aim to Create ‘Certainty and Transparency’

  11-06-2018 18:27 via cointelegraph.com
  Releasing new ICO ‘guidelines’, Lithuania’s gov’t says the “brave new crypto economy world is here to stay”
  
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• Bitcoin Price: ‘Bloody Sunday’ Not Caused by Coinrail Hack

  11-06-2018 18:09
  When the bitcoin price fell more than $1,000 and the cryptocurrency market cap shed more than $40 billion on “Bloody Sunday,” many media commentators attributed the decline to a security breach at a small cryptocurrency exchange in South Korea. However, Mati Greenspan, senior market analyst at eToro, says that claim is misguided. As CCN reported, … Continued
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• Is Bitcoin’s Price Drop a Technical Correction?

  11-06-2018 18:01 via feedproxy.google.com
  
  Cryptocurrency exchange and investment platform eToro is attributing yesterday’s nearly $1000-dollar USD price drop for bitcoin to a technical correction in the market. Though many have differing thoughts on why the price has dropped, most are in agreeance that the hacking of CoinRail, an exchange with a tiny share of the Korean market is not […]
  The post Is Bitcoin’s Price Drop a Technical Correction? appeared first on Coinjournal.
  
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• UK's Financial Watchdog Issues Letter to Banks on Crypto Risks

  11-06-2018 17:35
  The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."
  
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• Binance Has Quadrupled Its User Base Since January, Will Launch EUR Pairs

  11-06-2018 17:04
  The last six months have seen the cryptocurrency market endure a steep decline and many casual investors turn their attention elsewhere, but for exchange operator Binance it has been a period of unmitigated growth. The company, which operates one of the world’s largest cryptocurrency exchanges, reports that its user base has quadrupled since the beginning … Continued
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• BlockAsset Leads Investment in IoMob’s Launch of Global Blockchain-Powered Urban Mobility Platform

  11-06-2018 16:50
  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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• LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business

  11-06-2018 16:45
  A 50-year-old woman, who traded bitcoin as "Bitcoin Maven," faces 2.5 years in jail for having run an illegal money transmitting business.
  
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• MyBit Integrates Bancor Protocol to Increase Liquidity

  11-06-2018 16:38
  Despite the developments, MyBit’s tokens are taking a massive hit in the bear market.
  
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• Swiss Vote Down ‘Sovereign Money’ Referendum That Commentators Compared to Bitcoin

  11-06-2018 16:33 via cointelegraph.com
  Switzerland’s “sovereign money” referendum, which failed yesterday, would have created a non-debt based economy –– a system some compared to Bitcoin
  
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• Zug, Silicon Valley of Cryptocurrency, to Test Election on the Blockchain

  11-06-2018 16:29
  The results of the vote are not binding, but the impact of the test could be significant.
  
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• Study: Women Make Up the Numbers for New Cryptocurrency Investors

  11-06-2018 16:07 via feedproxy.google.com
  
  Women are leading the way when it comes to considering new investments in cryptocurrency, with figures doubling in the last six months, a new study has found. The market research was conducted by London Block Exchange (LBX) – the U.K.’s only dedicated multi-cryptocurrency exchange. LBX commissioned Opinium Research LLP to carry out online research among […]
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• Bitmain Raises $400 Million in Pre-IPO Funding, Now Valued at $12 Billion: Report

  11-06-2018 16:06
  Bitmain, the dominant force in bitcoin mining, has reportedly raised $400 million as it gears up to go public later this year. Regional media outlet China Money Network reports that the funding round, which values the China-based firm at $12 billion, was led by Sequoia Capital China, a VC that has been quite active in
  The post Bitmain Raises $400 Million in Pre-IPO Funding, Now Valued at $12 Billion: Report appeared first on CCN
  
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• Top Trader Tip: “I trust trading cryptocurrencies on eToro”

  11-06-2018 15:44 via newsbtc.com
  An interview with Popular Investor Jay Edward Smith (jaynemesis)
  Jay Edward Smith has been trading since he was old enough to save up his own funds; his interest in finance and economics began during his teenage years. Jay joined eToro four years ago, growing his reputation as a leading authority on cryptocurrencies. “They’re very volatile, with far fewer traditional investors in the space,” says Jay of his favourite trading asset. “Even if [cryptocurrency] does dip in th
  
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• Top Trader Tip: “Anyone Could Do This”

  11-06-2018 15:39 via newsbtc.com
  An interview with Popular Investor Lena Birse (Onegirl)
  Lena Birse began trading on eToro just over three years ago, and at the time, had no prior expertise in finance. “My main profession is being a housewife,” she says. Yet, Lena found similarities between investing and her experience in managing a household, and she encourages others to give it a go as well. “If you’re used to managing a budget at home, you can just as easily manage a portfolio.”Which eToro tool
  
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• Top Trader Tip: “Start for Free With a Demo Account”

  11-06-2018 15:28 via newsbtc.com
  An interview with Popular Investor Wayne Ryan (goodgoing)
  “I think my initial investment on eToro was probably around $1000,” says Wayne Ryan, reminiscing on his humble start just over three years ago. Today, Wayne is one of the platform’s top-performing traders, with a strong following of over 27,000 users.Which eToro tool do you consider the most important to your trading, and why?
  The eToro mobile app. It’s crucial for trading when you are on the move. Having non-stop
  
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• Top Trader Tip: “Share Information and Learn From Others”

  11-06-2018 15:19 via newsbtc.com
  An interview with Popular Investor Wesley Warren Nolte (Wesl3y)
  “I’m able to absorb information and make decisions based on many sources of information very quickly,” says Wesley Warren Nolte about his trading abilities. “The [eToro] platform is open, so you have a place where people can share information.” This kind of collaboration, unique to our social trading community, is one of the many reasons why Wesley prefers eToro.
   After being an investor for over 1
  
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• Who are the Crypto Investors?

  11-06-2018 15:03 via newsbtc.com
  Investment in cryptocurrencies has grown exponentially over the past few years. eToro takes a look at the people behind these figures to see who is investing in these online currencies.
  Looking at data from March 2017 – February 2018, we analysed the profiles of those investing in cryptocurrencies, from age to gender to job sector. This brought up some interesting results such as that most investors have little to no previous experience and many are students or working in sales/market
  
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• INGOT Coin and GMEX Join Hands to Develop Multi-Asset Platform

  11-06-2018 15:02
  The new platform will include assets from all industries including equities, FX, commodities, and cryptocurrencies.
  
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• INGOT Coin and GMEX Join Hands to Develop a Multi-Asset Platform

  11-06-2018 15:02
  The new platform will include assets from all industries including equities, FX, commodities, and cryptocurrencies.
  
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• The Moscow Stock Exchange is Preparing to Display ICO Market Data

  11-06-2018 15:01
  The Moscow Exchange, Russia’s largest stock exchange operator, is reportedly preparing the infrastructure to publish ICO (initial coin offering) information for investors this year. Moscow Exchange (MOEX) chief executive Alexander Afanasiev told Reuters that the bourse is preparing the “basic” infrastructure to enable companies display their tokens alongside other relevant details in a service that
  The post The Moscow Stock Exchange is Preparing to Display ICO Market Data appea
  
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• What Would Happen to Crypto In a Global Market Meltdown?

  11-06-2018 15:00
  CoinDesk advisory board director Michael Casey takes a look at the state of investor psychology as it relates to the crypto markets today.
  
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• Decentralization: An Opportunity in Plain Sight

  11-06-2018 14:56
  Blockchain has the potential to further disrupt the location and services provided by traditional global hubs
  
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• Ireland, Thailand and Columbia – International Blockchain News Roundup

  11-06-2018 14:27
  A new organisation in Ireland, new regulations in Thailand, and new discrimination in Colombia.
  
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• Ireland, Thailand, and Colombia – International Blockchain News Roundup

  11-06-2018 14:27
  A new organisation in Ireland, new regulations in Thailand, and new discrimination in Colombia.
  
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• Cryptocurrency Market Falls $25 Billion Overnight as Bitcoin Drops 6%: Factors and Trends

  11-06-2018 14:19
  The cryptocurrency market has recorded a decline of over $25 billion overnight, after an abrupt bitcoin sell-off was recorded on June 10. Analysts have attributed the recent correction to a variety of factors but the market seems to have dropped due to a simple reason: a drop in volume and demand. Low Volume Since last
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• Swiss City Plans Blockchain Voting Pilot Using Ethereum-Based IDs

  11-06-2018 14:00
  The Swiss City of Zug is launching a pilot that will allow residents to vote electronically, with both polling system and IDs based on blockchain.
  
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• Bitcoin Price Watch: BTC/USD Bearish Below $7,000

  11-06-2018 13:54 via newsbtc.com
  Key PointsBitcoin price fell sharply and declined below a major support area at $7,000 against the US Dollar.
  There is a major bearish trend line formed with resistance at $6,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair may perhaps correct a few points higher, but it could face sellers near $6,900 and $7,000.Bitcoin price declined heavily below $7,000 against the US Dollar. If BTC/USD corrects higher, it may perhaps find a lot of hurdles on the upside.
  Bitcoin Pr
  
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• Hanacoin Launching as Peace Treaty Is Signed

  11-06-2018 13:47
  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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