Cryptocurrency news

• Philippines Central Bank Approves 2 Cryptocurrency Exchanges

  07-07-2018 23:04 via feedproxy.google.com
  
  Two new cryptocurrency exchanges have been authorized by the Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, to process conversions between cyrptocurrencies and the Philippine peso. BSP’s deputy governor Chuchi G. Fonacier said the Philippines central has approved applications filed by Virtual Currency Philippines, Inc. and ETranss as platforms, reports the Philippine Star. This […]
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• Facebook’s Blockchain Division Has a New Director of Engineering

  07-07-2018 22:40
  Social media giant Facebook has recently promoted senior engineer Evan Cheng to director of engineering for its recently-launched blockchain division. Earlier in May, Facebook put together a team led by David Marcus, Coinbase board member and former president at PayPal, to explore blockchain technology and its potential use cases for the platform. The team consisted
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• Fifty Shades of Blockchain: Meet Dogecoin Creator’s Erotic, ICO-Crazed Twitter Bot

  07-07-2018 20:40
  Dogecoin creator Jackson Palmer has moved onto a new project — a Twitter bot that mixes dialogue from the infamous erotic romance novel Fifty Shades of Grey with blockchain whitepaper jargon. There are shackles attached at each bonus period. — Fifty Shades of Blockchain (@blockshade) July 6, 2018 Fifty Shades of Grey reached global recognition
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• New Ethereum Language Vyper Will Make ETH Blockchain More Secure

  07-07-2018 20:00 via newsbtc.com
  The new Ethereum language Vyper has been released and is so far getting enthusiastic reviews and comments on social media. The language which is an upgrade from the discarded Serpent offers developers an alternative to Solidity with some early converts calling it an improvement.
  Vyper Beta Ready for Testing
  Like Solidity, Vyper compiles down to Ethereum Virtual Machine (EVM) bytecode. Vyper though is designed to simplify that process, with an aim of creating easier to understand Smart Contr
  
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• Crypto Markets Hold Weekly Gains Amidst Little Action

  07-07-2018 19:55 via cointelegraph.com
  With crypto markets seeing little action over the past 24 hours, all major coins have nevertheless managed to keep their weekly gains
  
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• Crypto Trading Platform Releases an Arbitrage Trading Soft for Beginners

  07-07-2018 18:59 via cointelegraph.com
  A trading startup has developed an automated arbitrage platform that allows you to profit from differing prices on 19 exchanges #SPONSORED
  
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• Bitcoin Tech: Let There Be Ligth(ning)!

  07-07-2018 18:40
  Bitcoin was introduced to the world around 10 years ago and much has changed during this bubbling period. As developers promote new upgrades and better code functionality with Bitcoin Improvement Proposals (BIPs), that only get accepted if the global Bitcoin community agrees. I know you guys already know this, but it’s better to be safe … Continued
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• Bitcoin Tech: Let There Be Light(ning)!

  07-07-2018 18:40
  Bitcoin was introduced to the world around 10 years ago and much has changed during this bubbling period. As developers promote new upgrades and better code functionality with Bitcoin Improvement Proposals (BIPs), that only get accepted if the global Bitcoin community agrees. I know you guys already know this, but it’s better to be safe
  The post Bitcoin Tech: Let There Be Light(ning)! appeared first on CCN
  
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• BeepBeep Nation’s “Dynamic Beep Network of Helpers” Creates New Social Interactions

  07-07-2018 18:18
  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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• Facebook Director of Engineering Moves to Same Position at Company’s Blockchain Team

  07-07-2018 18:02 via cointelegraph.com
  Facebook’s Evan Cheng has now become Director of Engineering at the social media giant’s blockchain team
  
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• One Fifth of Bitcoin is Permanently Lost, Real Supply of BTC is Very Low

  07-07-2018 18:00 via newsbtc.com
  Stories of lost Bitcoins, abandoned in old laptops, being dug out when cryptocurrency began to surge only to prove inaccessible have become part of crypto folklore. People obsessing over PIN numbers and passwords standing in the way of a new car, a luxury holiday or their kids university funds are common.
  One-Fifth of Bitcoin is Lost
  According to an article in the The Wall Street Journal 20% of all the Bitcoin in circulation is actually lost, existing in limbo, either forgotten about or ina
  
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• “Obsessed and Unable to Work” – Cryptocurrency Addiction Facility Releases Questionnaire

  07-07-2018 17:40
  Castle Craig rehab facility in Scotland made headlines recently for opening a new rehabilitation program to treat what therapists describe as cryptocurrency trading addiction. The clinic recently held a Q&A on TNW answering questions on their program and the nature of the addiction itself, which is reportedly similar to online stock day-trading addiction. However, Castle Craig
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• U.S. Regulatory Clarity Should Aid New Bitcoin ETF Application

  07-07-2018 16:00 via newsbtc.com
  In the U.S., another application has been made for a Bitcoin ETF by CBOE Global Markets following previous applications by other companies that were rejected because the market is ‘unregulated.’ Now that the SEC has clarified that Bitcoin and Ethereum are not to be regulated as securities, this application is more likely to succeed and bring institutional money to the crypto markets.
  ETFs Knocking Down the Door
  In the U.S., CBOE Global Markets, who already run Bitcoin futures trading
  
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• Ethereum Founder Vitalik Buterin Hopes Centralized Exchanges ‘Burn in Hell’

  07-07-2018 15:51
  Ethereum co-founder Vitalik Buterin has stated that he would like to see centralized cryptocurrency exchanges “burn in hell as much as possible”, while conceding that such a time may yet be a while off. He made the remarks while speaking at the TC Sessions Blockchain 2018 event on July 6 in Zug, Switzerland. Responding to … Continued
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• Ethereum’s Vitalik Buterin Blasts Centralized Crypto Exchanges: ‘I Hope They Burn in Hell’

  07-07-2018 15:07 via cointelegraph.com
  Ethereum’s Vitalik Buterin blasted centralized exchanges, saying that he hopes they will “burn in hell”
  
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• With Journalists on Ethereum, Will Fake News Meet Its Match?

  07-07-2018 15:00
  The ambitious project thinks token-based governance can tackle not just censorship, but fake news, echo chambers and journalism's other crises.
  
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• Crypto Market Remains Stable at $270 Billion, Downtrend More Likely Than Rally

  07-07-2018 14:31
  In the short-term, a movement below the $6,300 mark is more likely than a surge to the $7,000 region, due to the lack of volume of bitcoin. Weak Volumes Once Again Over the past 24 hours, the daily trading volume of bitcoin has decreased from $4.6 billion to $3.9 billion, by about 15 percent. The … Continued
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• Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar

  07-07-2018 14:00 via newsbtc.com
  Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will  ‘bring the internet to a halt,’
  Srinivasan responded to the group’s warnings by tweeting  “Well, if central banks hadn’t created all those dollars, Satoshi wouldn’t have created all those bitcoins.&rdqu
  
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• Timing the Crypto Market With RSI (A Beginner's Guide)

  07-07-2018 13:50
  Snoozers always lose in the crypto market. This guide to the RSI indicator will assist you in making timely trades so you can walk away with the win.
  
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• From $2.9 Billion in a Month to Hundreds Dead: Trends of the Rollercoaster ICO Market in 18 Months

  07-07-2018 13:06 via cointelegraph.com
  The ICO market can see up to $2.9 billion being made in a month, but it can also see hundreds of projects die. Overview of trends and numbers of the 2017-2018 ICOs market
  
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• June Roundup: Cryptocurrency Winners and Losers

  07-07-2018 13:00 via newsbtc.com
  Top performing cryptocurrencies were Ethereum Classic and Binance Coin while Neo, Cardano, Iota and Icon were the biggest losers.
  Another month went by in crypto land but June would be one that most would want to forget. Looking back at the winners and losers from the month does not display a pretty picture for most of them. Following May’s month of decline the bears hit markets even harder in June pushing them down to their lowest levels in 2018.
  Total crypto market capitalization decline
  
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• Binance to Record $1 Billion Profit in 2018, Surpassing Major Institutions

  07-07-2018 12:00 via newsbtc.com
  The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit.
  Changpeng Zhao: Binance Has Ten Million Users
  The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies seeing a 70% decline. Some have even gone on to say that investors are leaving the industry en-masse, but for Binance, that does not seem to be the case.
  Chan
  
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• Binance to Record $1 Billion Profit in 2018, Surpassing Major Banks

  07-07-2018 12:00 via newsbtc.com
  The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit.
  Changpeng Zhao: Binance Has Ten Million Users
  The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies seeing a 70% decline. Some have even gone on to say that investors are leaving the industry en-masse, but for Binance, that does not seem to be the case.
  Chan
  
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• MOAC World Cup Betting Competition is ON!

  07-07-2018 11:09
  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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• Cryptocurrency Market Update: Tezos Announces its Arrival, Surges 35%

  07-07-2018 10:25 via newsbtc.com
  FOMO Moments
  Crypto land is sideways but Tezos is out on top, Qtum and Binance Coin also doing well.
  As we enter the weekend crypto markets are up a little and have held off further selling pressure. Total market capitalization is holding just below $270 billion and Bitcoin has been consolidating for a few days. At the moment it is trading 1.3% higher on the day at $6,660 while Ethereum is up 2% to a little over $470. The altcoins are a mixed bag but some are posting very strong gains at the mom
  
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• Europe’s Largest ETF Trader is Moving to Crypto; Sign of a Bitcoin ETF?

  07-07-2018 10:11 via newsbtc.com
  Europe’s largest trader of exchange-traded funds (ETFs) is moving into crypto in the face of criticism by Dutch Authorities, according to Bloomberg, opening the door for a Bitcoin ETF. This will lead the way for institutional money to turn the crypto market around and set new heights.
  First European Bitcoin ETF Looking Likely
  Even though Dutch Authorities expressed their disapproval over the move by Flow Traders NV, they are powerless to stop them. They are not able to prevent firms from t
  
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• AIRSTAYZ™ Reaches 1.5M in its Private Sales Within the First 36 Hours of Going Live

  07-07-2018 07:41
  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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• Ganapati Launches New ICO

  07-07-2018 07:28
  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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• FedEx Institute Partners With Pharmacy to Use Blockchain for Cancer Medicine Distribution

  07-07-2018 05:31 via cointelegraph.com
  The FedEx Institute of Technology has partnered with Good Shepherd Pharmacy to build a blockchain system to help disadvantaged get needed medications
  
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• South Korea to Loosen Crypto Rules in Cooperation With G20 Directive

  07-07-2018 03:31
  South Korea, a country that has banned ICOs, plans to loosen restrictions on cryptocurrencies based on efforts by G20 to create uniform regulations, according to The Korea Times. The G20 meeting established a July deadline for taking a first step on “unified regulations.” The recent announcement from South Korea is part of a loosening of
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• Winklevoss’ Gemini Exchange Recruits NYSE Chief Information Officer

  07-07-2018 03:26 via cointelegraph.com
  A former NYSE executive has joined the Winklevoss brothers’ crypto exchange Gemini as its first-ever Chief Technology Officer
  
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• Cheap Electricity Drawing Cryptocurrency Miners to Underpopulated Areas of Japan

  07-07-2018 02:20
  Lesser-known and relatively underpopulated parts of Japan are beginning to attract cryptocurrency miners, largely due to the availability of cheap electricity. This includes Fukui, a city in a prefecture bearing the same name and which has a population of slightly over 250,000. The city boasts not just low electricity prices but also affordable rent as
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• Ripple (XRP) Technical Analysis: Western Union “Reconsidering” XRP Viability

  07-07-2018 02:04 via newsbtc.com
  In general, there is a broad-based recovery in cryptocurrencies and that includes Ripple (XRP) coming at a time the company is dealing with three concurrent law suits. On the charts, prices are down three percent in the past day but still up 10 percent for the week. What we need for our XRP longs to be valid is a break above 55 cents and that will come to pass if this week ends up bullish in the process completing a three day bullish reversal pattern, the Morning Star.
  From the News
  Vladi Zakino
  
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• Hyperledger Exec: Early Blockchain Projects Will Hardly be Noticeable to Consumers

  07-07-2018 02:02 via cointelegraph.com
  Hyperledger Project Executive Director Brian Behlendorf stated that the blockchain revolution will hardly be noticeable to common consumers
  
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• EOS, IOTA, Litecoin, Stellar Lumens, Tron Technical Analysis: Chinese Billionaire Says Justin Sun of Tron A Scammer

  07-07-2018 02:02 via newsbtc.com
  Most coins under our focus have been on a slide for the better part of the year. It seems like it may continue at IOTA especially if sellers continue to push prices below $1 and 90 cents in the days to come. Like $110 and $90 is important for Litecoin, 90 cents which is a key support line for our analysis is important for IOTA.
  EOS Technical Analysis
  EOS Daily Chart by Trading View
  The success of any blockchain depends on protocol developments and that’s perhaps the reason why EOS occupies
  
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• A short introduction to Cosmos (Tendermint)

  07-07-2018 01:30 via crypto-news.net
  Cosmos is a blockchain interoperability platform (the Blockchain). Tendermint is a Proof of Stake (PoS) platform (operating on Tendermint Core – the software). These two projects work together to build an Internet of Blockchains in order to create scalable, private and safe blockchain ecosystem.  
  How Tendermint and Tendermint Core Operate
  The Tendermint software consists of three state machines like any other traditional blockchains use such as Bitcoin, Ethereum or any of t
  
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• Is Bitcoin Legal Tender? Kenya’s Parliament Gives Treasury 2 Weeks to Decide

  07-07-2018 01:15
  Kenyan MPs have given the Treasury secretary a two-week deadline by which he must decide the fate of bitcoin and other  cryptocurrencies, specifically regarding their status as legal tender in the nation of 48 million people. The deadline follows a warning issued in April by the Central Bank of Kenya (CBK). The Finance and National Planning
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• Central Bank of the Philippines Accredits Two New Crypto Exchanges

  07-07-2018 00:49 via cointelegraph.com
  The central bank of the Philippines has approved applications from two new digital currency exchanges, which allows the conversion of Philippine pesos into virtual currencies
  
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• Germany's Finance Ministry: State-Issued Digital Currency Has ‘Not Well Understood’ Risks

  07-07-2018 00:46 via cointelegraph.com
  Germany’s Ministry of Finance says issuing a central bank digital currency contains "a number of risks that are not well understood"
  
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• Ethereum Sharding Slated for 2020: ETH Foundation Researcher Justin Drake

  07-07-2018 00:20
  Sharding, a much-anticipated Ethereum scaling solution, could be implemented as soon as 2020, Ethereum Foundation researcher Justin Drake said on Friday. Speaking to TechCrunch, Ethereum researchers including Drake and co-creator Vitalik Buterin discussed scaling solutions and the future of the project, outlining specific goals and functions of their upcoming new features. Discussing scaling, Buterin said
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• Gemini Exchange Hires Technology Executive from the New York Stock Exchange

  07-07-2018 00:00 via newsbtc.com
  The Gemini cryptocurrency exchange has announced that it has hired its first chief technology officer. Robert Cornish previously served as the chief information officer at the New York Stock Exchange.
  Gemini Poach Talent from Traditional Asset Sector
  In a statement reported by Bloomberg, the Gemini digital asset exchange platform have announced that Robert Cornish is set to become the company’s first chief technology officer. Cornish is expected to start his role at the Winklevoss twin-own
  
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