Cryptocurrency news

• Newsflash: Bitcoin Price Slips Below Crucial $6,800 Support Level

  07-08-2018 23:56
  The worst does not appear to be over for the bitcoin price, as the flagship cryptocurrency on Tuesday slipped below $6,800, a mark that many analysts had pegged as a critical support level for BTC’s short-term prospects. Bitcoin had spent the majority of the day trading above the $7,000 mark. However, as CCN reported, the
  The post Newsflash: Bitcoin Price Slips Below Crucial $6,800 Support Level appeared first on CCN
  
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• Omniex Appoints Former SEC and FDIC Execs to Board of Advisors

  07-08-2018 23:44 via cointelegraph.com
  Institution-oriented crypto trading platform Omniex expands its board of advisors with former SEC and FDIC execs
  
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• Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder

  07-08-2018 23:01 via cointelegraph.com
  Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank
  
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• Bounty Hunt Gone Wrong: ‘Unhackable’ Wallet Bitfi Denies It Has Been Hacked

  07-08-2018 22:31 via cointelegraph.com
  Here’s why McAfee’s Bitfi wallet isn't as “unhackable” as it thought it was
  
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• Is Barclays Opening Crypto Trading? Bank and Traders Offer Differing Takes

  07-08-2018 22:30
  Two bank employees have been working on setting up a new cryptocurrency trading desk in Barclays, one of the UK’s ‘Big Four’ banks. At least, that’s what it says on their LinkedIn profiles. Business Insider reports that Chris Tyler’s profile stated that he’s been “hired to produce a business plan for integrating a digital assets
  The post Is Barclays Opening Crypto Trading? Bank and Traders Offer Differing Takes appeared first on CCN
  
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• Chamber of Digital Commerce Report, Reviewed

  07-08-2018 22:21 via cointelegraph.com
  Here’s how the Chamber of Digital Commerce suggests to facilitate the “responsible growth” of the crypto market
  
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• Binance & Malta Demonstrate the Value of Blockchains

  07-08-2018 22:00 via crypto-news.net
  Binance and The President’s Trust of Malta signed a Memorandum of Understanding on July 25th, in order to commemorate the decision to start implementing blockchain technology for their charitiable work. World-renown goodwill ambassador and TedX speaker Helen Hai representing Binance and entrepreneur Michael Bianchi, a trustee of The President’s Trust, signed the memorandum. The main goals of this memorandum were to set commitment in place and to lead towards
  
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• SEC Delays VanEck-SolidX Bitcoin ETF Decision to September

  07-08-2018 21:48
  The U.S. SEC has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.
  
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• Want to Short Ethereum? This Uber Vet Has Built a DEX for That.

  07-08-2018 21:35
  Are you a bitcoin maximalist? Convinced that EOS is the “Ethereum killer?” Soon, you’ll have the opportunity to put your money where your mouth is, thanks to a new ethereum derivatives product from decentralized fintech startup dYdX. The open-source platform, built on top of decentralized exchange (DEX) protocol 0x, uses smart contracts to allow investors
  The post Want to Short Ethereum? This Uber Vet Has Built a DEX for That. appeared first on CCN
  
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• KB Financial Group Report Finds Only 2% of South Koreans Interested in Crypto Investing

  07-08-2018 21:21 via cointelegraph.com
  Around 75% of domestic respondents marked having no interest in investing in cryptocurrencies, according to a new report from KB Financial Group
  
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• Ukraine Election Official Launches Voting Trial Using NEM's Blockchain

  07-08-2018 21:20
  A member of the Ukraine Central Election Commission is investigating the use of blockchain technology in elections with a local NEM Foundation group.
  
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• Barclays Is Reportedly Not Opening a Crypto Trading Desk

  07-08-2018 20:30 via newsbtc.com
  It now appears that multinational investment bank Barclays is not, in fact, joining the cryptocurrency markets through a crypto trading desk.
  Reports initially surfaced yesterday claiming that the bank was starting a trading desk based on information on several traders LinkedIn profiles.
  Barclays Not Developing Rumored Digital Asset ProjectIt initially appeared that Barclays had appointed one of their traders, Chris Tyrer, to lead the banks “digital asset project,” which entaile
  
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• Here's the Bitcoin ETF Presentation SolidX Gave to the SEC Last Week

  07-08-2018 20:00
  SEC officials huddled with stakeholders last week on a proposed bitcoin ETF.
  
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• Here's the Bitcoin ETF Presentation Given to the SEC Last Week

  07-08-2018 20:00
  SEC officials huddled with stakeholders last week on a proposed bitcoin ETF.
  
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• IOTA Price Sinks 10% as Wider Market Plots Tepid Recovery

  07-08-2018 19:42
  The IOTA price declined approximately 10 percent on Tuesday, even as the wider cryptocurrency market made a tepid recovery from its weekend lows. IOTA Price Posts Worst Performance Among Top-25 Cryptocurrencies Tuesday brought a moderate recovery to the cryptocurrency market, enabling the bitcoin price to put some breathing room between it and the crucial $6,800
  The post IOTA Price Sinks 10% as Wider Market Plots Tepid Recovery appeared first on CCN
  
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• Bitcoin Posts Solid Gains to Break Above $7,000 While Altcoins See Green

  07-08-2018 19:30 via cointelegraph.com
  Bitcoin has today seen seen solid growth to break back above $7,000, with Ethereum at $410 and most major crypto assets in the green
  
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• War Riders Announces Collaboration With OpenSea

  07-08-2018 19:29 via feedproxy.google.com
  
  War Riders, a new crypto virtual game à la Mad Max, will be running a pre-order campaign for its war vehicles in collaboration with blockchain-based assets and crypto-collectibles marketplace OpenSea. Developed by Cartified, a VC-backed blockchain startup headquartered in Washington DC, War Riders is a virtual game that lets players customize their war vehicles which […]
  The post War Riders Announces Collaboration With OpenSea appeared first on Coinjournal.
  
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• Coinbase Is Boosting Its Crypto Buying Limit to $25K a Day

  07-08-2018 19:00
  Cryptocurrency exchange Coinbase announced it was opening instant trades and increased trading limits Tuesday.
  
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• Bitcoin Price Intraday Analysis 7/8/2018: BTCUSD Awaiting Breakout

  07-08-2018 18:42
  Opposite to what we expected in our previous analysis, Bitcoin has not attempted to extend its bearish momentum, at least in the last 24 hours. The BTC/USD yesterday established an intraday low at 6856-fiat, which also acted as a support to a bullish correction phase. As a result, the pair has recorded around 2% gains
  The post Bitcoin Price Intraday Analysis 7/8/2018: BTCUSD Awaiting Breakout appeared first on CCN
  
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• DEA: Criminal Activities Account for Just 10 Percent of Bitcoin Transactions

  07-08-2018 17:42
  Cryptocurrency enthusiasts have long argued that it’s unfair to characterize bitcoin as a haven for drug dealers and money launderers. Now, they have data from the U.S. Drug Enforcement Agency (DEA) to back up that claim. Speaking in an interview with Bloomberg, DEA special agent Lilita Infante said that criminal activity accounts for approximately 10
  The post DEA: Criminal Activities Account for Just 10 Percent of Bitcoin Transactions appeared first on CCN
  
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• Startup Funding Platform Boomstarter.Network Introduces Payments with Cryptocurrencies

  07-08-2018 17:30
  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
  The post Startup Funding Platform Boomstarter.Network Introduces Payments with Cryptocurrencies appeared first on CCN
  
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• BitcoinNews.com Launches Bitcoin News Platform, Already Receiving Over 1,000,000 Page Views per Month

  07-08-2018 17:23
  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
  The post BitcoinNews.com Launches Bitcoin News Platform, Already Receiving Over 1,000,000 Page Views per Month appeared first on CCN
  
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• Bitcoin PR Buzz Announces Free Consultations for Blockchain Companies

  07-08-2018 17:13
  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
  The post Bitcoin PR Buzz Announces Free Consultations for Blockchain Companies appeared first on CCN
  
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• BlockEx Launches Crypto Exchange, Sublime Group Joins as Market Maker

  07-08-2018 17:07
  BlockEx Markets handles Bitcoin, Ethereum, Digital Asset Exchange Token, and Reality Clash Coin against the euro.
  
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• UK Financial Authority Creates Global Alliance for Fintech Innovation Collaboration

  07-08-2018 16:42 via cointelegraph.com
  The UK’s Financial Conduct Authority has established a global alliance promoting international collaboration for fintech technologies such as blockchain and crypto assets
  
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• Researchers Discover Huge Crypto Scam Botnet on Twitter

  07-08-2018 16:42
  Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency "giveaway" scam.
  
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• Uber’s Biggest Shareholder Backs $15 Billion Bitcoin Giant Bitmain: Report

  07-08-2018 16:37
  Crypto mining hardware manufacturer Bitmain has reportedly secured China’s biggest technology company Tencent and Japan’s Softbank, Uber’s biggest shareholder, as investors in a pre-IPO financing round. Chinese crypto giant Bitmain, commonly known for manufacturing bitcoin mining equipment and operating mining pools, is attracting interest from some of the world’s biggest companies and investors ahead of
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• Swiss Bank Maerki Baumann Will Service Cryptocurrency Firms, Removing a Major Industry Pain Point

  07-08-2018 16:06
  Despite rising competition from other countries seeking to capitalize on the cryptocurrency boom, Switzerland’s Crypto Valley looks poised to get its moxie back. Swiss Bank Maerki Baumman Will Offer Accounts to Cryptocurrency Firms That’s because a second Swiss bank — the Zurich-based private bank Maerki Baumann — has agreed to form banking partnership with cryptocurrency
  The post Swiss Bank Maerki Baumann Will Service Cryptocurrency Firms, Removing a Major Industry Pain
  
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• South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem

  07-08-2018 15:58 via cointelegraph.com
  Public Korean gene sequencing firm Macrogen is developing a blockchain-based ecosystem to allow for the secure exchange and storage of genomic big data
  
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• US DEA: Criminal Activity in Cryptocurrency Has Dropped 80 Percent Since 2013

  07-08-2018 15:45 via cointelegraph.com
  US Drug Enforcement Agency confirms major use of crypto is speculative trading, not crime
  
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• Fundstrat’s Tom Lee: Bitcoin Misery Index Indicators Show the Crypto ‘Isn't Broken’

  07-08-2018 15:17 via cointelegraph.com
  Tom Lee believes that Bitcoin’s current price and volatility levels mean the cryptocurrency “isn’t broken”
  
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• Japanese Self-Regulatory Crypto Association Seeks Official Recognition

  07-08-2018 15:10
  The association of licensed Japanese cryptocurrency exchanges petitions the government for official approval.
  
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• Better Ways of Storing Value Than Bitcoin, Claims Trump’s Fmr. Economic Advisor

  07-08-2018 15:03
  Four months after leaving the White House as a chief economic advisor, Gary Cohn is looking for his next challenge. Among the various opportunities available, the former Goldman Sachs president has revealed that he is eyeing the cryptocurrency world. If he has his way, there could be some disruption in the offing. “I’m not keen
  The post Better Ways of Storing Value Than Bitcoin, Claims Trump’s Fmr. Economic Advisor appeared first on CCN
  
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• New Blockchain App Claims Its Already Tracking 760,000 Diamonds

  07-08-2018 15:00
  A firm that launched a blockchain-based application for food tracking last year has rolled out a similar service for diamonds.
  
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• Ethereum Classic (ETC) Rises Higher on Robinhood Listing

  07-08-2018 15:00 via newsbtc.com
  Robinhood Crypto announced on 6 August that Ethereum Classic was now available for investment, commission-free, on its platform. The announcement was made via a Tweet on its Twitter account and an official blog post.
  Ethereum Classic Defies the Decline
  Ethereum Classic (ETC) rose over 9% and jumped from rank 12 to 11 as the news came out. Most other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP, however, witnessed a fall in prices. Among the top 10 on Coin Market Cap, XRP wa
  
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• Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets

  07-08-2018 14:36 via cointelegraph.com
  Cryptocurrency assets received from services rendered and crypto mining will now be accepted by Maerki Baumann
  
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• Samantha Wang, Co-Founder of IOST Discusses Being a Woman In The Cryptocurrency Industry

  07-08-2018 14:35 via feedproxy.google.com
  
  The crypto industry may be a boys’ club, but that shouldn’t stop women from knocking down the door. That’s according to Samantha Wang, a successful entrepreneur and co-founder of IOST, an enterprise-grade blockchain infrastructure for online services. In an interview with CoinJournal, Wang spoke about what the platform is aiming to achieve, her experiences navigating […]
  The post Samantha Wang, Co-Founder of IOST Discusses Being a Woman In The Cryptocurrency Industry app
  
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• Expanding the Crypto-for-Business Frontier, Speed is the Name of the Game

  07-08-2018 14:34
  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. The internet keeps getting faster — faster phones, faster broadband, faster data processing. This inevitable trend leaves users expecting more and more progress as a matter of course.
  The post Expanding the Crypto-for-Business Frontier, Speed is the Name of the Game appeared first on CCN
  
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• Barclays Denies Crypto Trading Desk Plans as Staff Removes ‘Digital Asset Project’ LinkedIn Info

  07-08-2018 14:28 via cointelegraph.com
  Media attention sees Barclays appear to cover up crypto involvement, as two employees delete information from LinkedIn about a digital assets project at the bank
  
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• Barclays Denies Crypto Products as Staff Removes ‘Digital Asset Project’ LinkedIn Info

  07-08-2018 14:28 via cointelegraph.com
  Media attention sees Barclays appear to cover up crypto involvement, as two employees delete information from LinkedIn about a digital assets project at the bank
  
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• Ethereum-Powered Insurer Nexus Is Winning Over Blockchain Skeptics

  07-08-2018 14:00
  Nexus is one of several blockchain startups trying to revive mutual insurance. Its first product will cover the risks of ethereum smart contracts.
  
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• Cryptocurrency Market Update: Basic Attention Token (BAT) Getting Noticed

  07-08-2018 13:48 via newsbtc.com
  FOMO Moments
  Markets are slowly inching upwards, Ethereum Classic and BAT performing well while Iota crashes.
  Crypto markets remain flat for a second day as the bulls fail to grapple control off the bears which have been battering them for over a week. Total market capitalization remains over $250 billion but only just, further losses could be imminent.
  Bitcoin has held support at $7k and has nudged just over it to trade 1.5% higher at $7,100 at the time of writing. A push towards resistance at
  
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• Korean Police Raid Firm in Fraud ICO Probe of $130 Billion Shipwreck

  07-08-2018 13:44
  South Korean police have raided the office of the company that claims to have discovered the shipwreck of a Russian pre-World War 1 battleship carrying $130 billion in gold bars and coins. On Tuesday, the Seoul Metropolitan Police Agency has raided the offices of Shinil Group, a cryptocurrency startup looking to sell treasure from a
  The post Korean Police Raid Firm in Fraud ICO Probe of $130 Billion Shipwreck appeared first on CCN
  
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• Bitcoin Price Eyes $7.4K After Defense of Key Support

  07-08-2018 13:00
  Bitcoin solid defense of the key 50-day moving average support may have opened the doors for a minor corrective rally.
  
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• Coinbase Hires Former AWS and Microsoft Employee Tim Wagner as New VP of Engineering

  07-08-2018 12:56 via cointelegraph.com
  Coinbase hires former AWS and Microsoft talent as new VP of engineering, aiming to create the “most open, secure, and accessible financial system”
  
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• Israeli Billionaire Teddy Sagi Makes First Investment in Blockchain Company

  07-08-2018 12:46
  The Israeli, most famous for purchasing Camden Market, bought a share in a Ukrainian blockchain firm.
  
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• Billionaire Teddy Sagi Makes First Investment in Blockchain Company

  07-08-2018 12:46
  The Israeli, most famous for purchasing Camden Market, bought a share in a Ukrainian blockchain firm.
  
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• Accenture Hardware Patent Seeks to Enhance Blockchain Security and Scalability

  07-08-2018 12:44
  Professional services firm Accenture has filed a patent which seeks to enhance the speed and security of transactions on blockchains using patented hardware. Besides accelerating the software processes the technology described in the patent titled ‘Hardware Blockchain Acceleration’ will also improve the security of the applications supporting the transaction chains. Per Accenture, the need for
  The post Accenture Hardware Patent Seeks to Enhance Blockchain Security and Scalability app
  
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• Bitcoin Mining Giant Bitmain to Invest $500 Million in Texas Data and Mining Facility

  07-08-2018 12:41 via cointelegraph.com
  Bitmain is planning to open a blockchain data and mining facility in Texas by early 2019
  
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• West Virginia Offers Overseas Residents Blockchain Voting Option for Midterm Elections

  07-08-2018 12:12 via cointelegraph.com
  West Virginia will offer a blockchain-based mobile app for voting in this November’s midterm elections to its citizens currently serving overseas
  
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