Cryptocurrency news

• Winklevoss Twins Poach NYSE Executive to Serve as Gemini’s First CTO

  06-07-2018 23:25
  Gemini, the Winklevoss twins’ cryptocurrency exchange, has joined the trend of hiring institutional trading executives for crypto exchanges by hiring Robert Cornish of the New York Stock Exchange (NYSE) to serve as its first chief technology officer. Cornish oversaw Pillar, the project aimed at revamping the NYSE‘s famous Big Board and its outdated electronic trading platforms.
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• Bitmain Now Valued at $12 Bln Following Recent Funding Round

  06-07-2018 23:21 via cointelegraph.com
  Bitmain has received $12 billion of investments following the recent closing of a Series Bfunding round
  
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• Korean Financial Authorities Draft Policies to Help Grow Crypto Industry

  06-07-2018 23:00 via newsbtc.com
  Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry.Korea Establishes “Unified Regulations”
  The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge market for the coins. The “strengthened policies” also include protection
  
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• Here’s What You Pay in Taxes for Using Crypto: From the US to Switzerland

  06-07-2018 23:00 via cointelegraph.com
  Here’s a brief guide on taxes for crypto users in the U.S., Switzerland, Japan and other major markets
  
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• Tezos Investors Got a Chance to Sell This Week – And They Took It

  06-07-2018 22:55
  Tezos' price dropped by a third in its first 24 hours of trading as a real token, rather than an IOU.
  
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• France’s ‘Monsieur Bitcoin’: We Should Not Directly Regulate Cryptocurrency

  06-07-2018 22:30 via cointelegraph.com
  Don’t confuse technological with financial regulation, says French cryptocurrency report
  
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• Bitcoin Privacy Takes Another Step Forward with Wasabi Wallet Launch

  06-07-2018 22:30
  Bitcoin users concerned about permanently writing their financial history to a public blockchain will soon have access to a new tool to protect their privacy: Wasabi, a desktop wallet developed by Adam Ficzor, the maker of HiddenWallet. Introducing Wasabi, a Privacy-Enhancing Bitcoin Wallet Ficzor unveiled Wasabi at Building on Bitcoin 2018, an industry conference dedicated
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• Crypto Markets See Mixed Signals But Remain Stable, Bitcoin Pushes $6,700

  06-07-2018 22:15 via cointelegraph.com
  Crypto markets see mixed signals, but hold recent gains, with Bitcoin challenging $6,600
  
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• Cloud Provider Xunlei Launches Blockchain File System

  06-07-2018 21:30
  Xunlei Limited announced that it has launched a distributed file system called ThunderChain File System (TCFS) for its blockchain platform.
  
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• InfraCoins: To blockchain and beyond – Decentralized Real Estate Platform for Booking and Listing

  06-07-2018 21:21
  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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• Huobi-Linked Cryptocurrency Exchange HBUS Launches in U.S. Market

  06-07-2018 21:10
  Huobi-linked cryptocurrency exchange HBUS has formally opened for business in the U.S., providing one of the world’s largest crypto companies with a foothold in yet another major global market. Though not formally operated under the Huobi brand, HBUS is a “strategic partner” of the Singapore-based Huobi, which already controls the world’s fourth-largest cryptocurrency exchange. “Our … Continued
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• Japan Is Proving to be a Surprising Haven for Crypto Miners

  06-07-2018 21:00 via newsbtc.com
  Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates.
  Cities Like Fukui Seeing More Mining Operations Spring Up
  When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind. Sure, the country has been somewhat more receptive to the technological and financial innovation than most. However, the island nation is hardly known fo
  
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• Global Telecom Blockchain Consortium Unveils Working Group for Remittances

  06-07-2018 20:51 via cointelegraph.com
  A global telecom blockchain consortium has announced that six more major firms are joining its ranks, from Asia, the Middle East and Africa
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, NEO: Price Analysis, July 06

  06-07-2018 19:50 via cointelegraph.com
  Fundstrat’s Tom Lee has doubled down on his $25,000 target for Bitcoin by year end of 2018. Is that really possible from the technical analysis point of view? Let’s look at the charts
  
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• Crypto Exchange Huobi Opens Registration on New US-Based Trading Platform

  06-07-2018 19:40 via cointelegraph.com
  Registration for U.S. residents of most states has opened on crypto exchange Huobi’s newly created “strategic partner” platform
  
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• Crypto Exchange Huobi Opens Registration on New US-Based 'Strategic Partner' Platform

  06-07-2018 19:40 via cointelegraph.com
  Registration for U.S. residents of most states has opened on crypto exchange Huobi’s newly created “strategic partner” platform
  
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• Crypto Exchange Gemini Hires Former NYSE Tech Chief

  06-07-2018 19:30
  Crypto exchange Gemini has hired former NYSE chief information officer Robert Cornish to serve as its first chief technology officer.
  
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• Azbit Postpones Its ICO Campaign

  06-07-2018 19:24
  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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• Bitcoin Price Leads Market Downturn, But Ethereum Classic Swims Upstream

  06-07-2018 19:19
  Friday marked another disappointing day for the cryptocurrency markets, as — led by the bitcoin price — the vast majority of top-tier coins posted moderate declines against the U.S. dollar. Bitcoin Price Fails to Break Toward $7,000 The bitcoin price fell 1.2 percent for the day, reducing its value to $6,564 at the time of
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• Saturn Network Opening the Doors to a Whole New Community around dApps and Tokens on Ethereum Classic

  06-07-2018 19:00
  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. Saturn Network has been steadily breaking down barriers into the world of decentralized cryptocurrency trading when they launched Radex, the only decentralized exchange deployed on Ethereum & Ethereum
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• ABDT Jumps on the Tron Train

  06-07-2018 18:40
  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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• Bitcoin's Price Declines Over Q2 for First Time on Record

  06-07-2018 18:35
  CoinDesk's looks at bitcoin's price performance over Q2 2018, finding that the crypto asset underperformed according to historical data.
  
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• $1 Billion: Cryptocurrency Exchange Binance Eyes Record Profits in 2018

  06-07-2018 18:05
  Bear market? What bear market? That’s the attitude at Binance, the world’s largest cryptocurrency exchange, which expects to rake in between $500 million and $1 billion in net profit during 2018. Binance CEO Changpeng Zhao revealed this bullish target during an interview with Bloomberg, highlighting the whirlwind pace at which the exchange has grown since
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• Facebook Has a New Director of Engineering for Blockchain

  06-07-2018 17:30
  Facebook is getting even more serious about blockchain, appointing a new director of engineering to focus on the technology.
  
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• Op-ed: Why Altcoins Can’t Use Marketing Budgets to Overtake Bitcoin

  06-07-2018 17:00 via feedproxy.google.com
  
  While Bitcoin was simply unleashed upon the world by Satoshi Nakamoto in early 2009, other cryptocurrency projects have had the benefit of raising funds through crowdfunding campaigns before the projects have even launched. Additionally, some projects use part of the block reward to pay for things like development and marketing. It is thought that these […]
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• Main Swiss Stock Exchange to Launch Distributed Ledger-Based ‘Digital Asset’ Exchange

  06-07-2018 16:58 via cointelegraph.com
  Principal Swiss stock exchange SIX announces their “digital asset ecosystem” platform, to be launched mid-2019
  
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• Bitcoin Bull Tom Lee Double Downs on $25,000 Bitcoin Price Forecast in 2018

  06-07-2018 16:52
  Bitcoin bull Tom Lee claims he has not wavered from his previous $25,000 forecast for bitcoin by year’s end, even though he mentioned a price slightly surpassing $20,000 in a recent CNBC interview. Lee, co-founder of Fundstrat Global Advisors and the best known Wall Street analyst who forecasts bitcoin prices, quickly clarified Thursday evening in a
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• Bernstein: No, Crypto Markets Aren't Like the Dot-Com Bubble

  06-07-2018 16:35
  Cryptocurrency and blockchain developers are building "parallel financial networks," according to a new report by Alliance Bernstein.
  
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• Identity Verification Takes a Wild Turn with Xenchain

  06-07-2018 16:34
  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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• Ingot Coin Announces They Have Achieved Their Soft Cap

  06-07-2018 16:33
  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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• ICO All-in: Rating ken Sales for a Confident Investing Opportunity

  06-07-2018 16:25
  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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• Decentralized Cloud Platform Launches Mainnet in Challenge to ‘Big Four’ Market Leaders

  06-07-2018 15:56 via cointelegraph.com
  A decentralized cloud platform has launched its mainnet, and says those who use its network will pay a fraction of what traditional providers cost #SPONSORED
  
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• Bitcoin-Friendly Square Withdraws Banking Application [For Now]

  06-07-2018 15:50
  Bitcoin-friendly digital payments firm Square has withdrawn its application to register as a depository bank. As first reported by financial publication American Banker, Square quietly removed its name from a public list of pending bank applications maintained by the Federal Deposit Insurance Corporation (FDIC), halting — at least temporarily — its bid to become a
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• The Ternion Exchange: Ready to Become an Industry Leader

  06-07-2018 15:45 via newsbtc.com
  With the future of cryptocurrency at a serious crossroads, players in the industry are realizing they can no longer settle for the status quo.  One exchange, recently launched by CEO Rudolf Medvedev is focused on shaking things up.  Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services.
  So what’s the big deal? Aren’t there others claiming something similar?
  Yes, it is true.  Others claim to be doing what Ternion does, but Ternion is a
  
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• Wall Street’s Tom Lee Says Bitcoin Price to Hit $22K by Year’s End, ‘Can Reach $25K’

  06-07-2018 15:12 via cointelegraph.com
  Wall Street market researcher Tom Lee says Bitcoin could trade at “roughly $22K” by year’s end, says even $25K per coin is still possible
  
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• FREE COURSE GIVEAWAY: Certified NEM Blockchain Dev and Cache Token

  06-07-2018 14:40 via crypto-news.net
  Crypto-News.net is offering our readers FREE access to premium blockchain elearning courses from Devslopes over the next few weeks. The Devslopes team currently runs a leading developer education platform with 300,000+ active students. Devslopes is producing high quality premium developer education focused primarily on blockchain. There is a massive shortage of blockchain developer training resources and the Devslopes is filling this void in the marketplace.
  There are 8,501 job postings on Linke
  
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• Chinese Exchange FCoin Accused of Crippling Ethereum Network for Cheap Publicity

  06-07-2018 14:21
  A little-known Chinese crypto exchange is allegedly responsible for the unusually high Ethereum network congestion and gas fees recorded over the past few days. FCoin, founded by Zhang Jian, formerly of Huobi, is accused of deliberately encouraging a rash of Sybil attacks so as to temporarily cripple the Ethereum blockchain and attract undeserved attention in … Continued
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• Coinbase UK CEO Interview: Huge Interest From Institutional Investors Toward Crypto

  06-07-2018 14:00 via newsbtc.com
  Coinbase UK CEO Zeeshan Feroz is working to achieve a crypto revolution amidst hesitant bankers in a city torn over Brexit. Last week, he made a speech on blockchain’s potential to connect the unbanked and rebuild the entire financial system. Today, in an interview with NewsBTC, he said that Coinbase are looking to roll out GBP wires in the next few weeks, that London could be the next blockchain hub and that Brexit may even speed up clarification over regulatory uncertainties.
  Interview W
  
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• Blockchain Leadership Summit – Switzerland

  06-07-2018 13:47 via crypto-news.net
  23-24 November 2018 the main blockchain industry event –  Blockchain Leadership Summit (#BLS2018) – will take place in Basel, Switzerland.
  TOP experts, proactive investors and recognized visionaries will discuss global effect, financial regulation of blockchain integration, real cases of the next industrial revolution; they will talk about centralized liquidity domination, DEX development, lemmings on the market; and will demonstrate the pros and cons of investing in Blockchain.
  
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• World’s Largest Crypto Exchange Binance ‘Expects’ 2018 Profits up to $1 Billion

  06-07-2018 13:42 via cointelegraph.com
  Binance’s CEO tells Bloomberg he expects to see $ 1 bln in profits this year
  
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• Swiss Stock Exchange Operator is Launching a Crypto Assets Exchange

  06-07-2018 13:27
  SIX, the owner and operator of Switzerland’s principal stock exchange has announced plans to launch the SIX Digital Exchange – a crypto assets exchange fully regulated by the country’s financial regulator and central bank. In an announcement on Friday, Swiss Exchange operator SIX revealed its new crypto-initiative which it claims ‘will be the first market
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• Stuck Between Key Chart Points, Bitcoin Price Seeks Direction

  06-07-2018 13:00
  Bitcoin is reporting a $400 trading range and an upside breakout would signal a resumption of the rally.
  
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• Bitcoin Awaits Price Breakout As Trading Range Tightens

  06-07-2018 13:00
  Bitcoin is reporting a $400 trading range and an upside breakout would signal a resumption of the rally.
  
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• South Korea is Officially Recognizing Crypto Exchanges as Regulated Banks

  06-07-2018 12:33
  For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South Korea have reported that the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms
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• Digital Collectible on Ethereum Network Sold For $1 Million on Valentine’s Day

  06-07-2018 12:30 via newsbtc.com
  A group of ten collectors split the million dollar price tag for a digital photo of a red rose digital collectible on valentines day launched on the Ethereum network.
  The piece is thought to have fetched the highest price yet paid for a piece of virtual art. Forever Rose, produced by Kevin Abosch and GIFTO, exists on the blockchain just as Bitcoin and other virtual currencies do.
  In a way the work exists only as an idea. As the artist explained to CNN  “People traditionally have
  
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• Spectre.AI Beats Q1 Projections by c.300%

  06-07-2018 12:11
  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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• Swiss Stock Exchange to Tokenize Securities With New DLT Platform

  06-07-2018 11:30
  Switzerland's principal stock exchange will build a blockchain-based platform to tokenize traditional securities for further trading and settlement.
  
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• Swiss Stock Exchange to Tokenize Securities In New DLT Platform

  06-07-2018 11:30
  Switzerland's principal stock exchange will build a blockchain-based platform to tokenize traditional securities for further trading and settlement.
  
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• Bitcoin Bull Tom Lee Maintains His $25,000 Prediction for 2018

  06-07-2018 11:30 via newsbtc.com
  Uber Bitcoin Bull Tom Lee was back in his favorite seat on CNBC’s Fast Money defending his reputation after a small hedge on his $25,000 BTC year-end prediction had critics calling him bearish.
  Lee Rankles at Being Labeled Bearish
  The Founder of Fundtsrat and the only major Wall Street strategist to issue bitcoin price targets said he made a slip of the lip earlier when he said that “Bitcoin has historically traded at 2.5 times its mining costs. It’s not out of the qu
  
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• Israel Bitcoin Exchange Agrees to Share Customer Info with Tax Authority

  06-07-2018 11:27
  Bits of Gold, a major Israeli cryptocurrency exchange, has entered an agreement to share customers’ transaction details with the country’s tax authority. Under the terms of the agreement, Israeli cryptocurrency exchange Bits of Gold will provide information of clients who have made transactions exceeding $50,000 over the last 12 months to the Israel Tax Authority,
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