Cryptocurrency news

• Bitcoin.org, the Crypto Resource Site Founded by Satoshi, Celebrates 10th Anniversary

  25-08-2018 23:45
  It has now been 10 years since the web domain Bitcoin.org was registered by the Bitcoin project’s first developers, Satoshi Nakamoto and Martti Malmi. A post on the website commemorates the anniversary of the famous domain’s registration back in 2008, shortly before the release of the original cryptocurrency white paper on October 31. Satoshi’s Bitcoin.org Legacy Though
  The post Bitcoin.org, the Crypto Resource Site Founded by Satoshi, Celebrates 10th Anniversary appe
  
  Read more

• Binance Enters Joint Venture to Create European Fiat Exchange

  25-08-2018 23:00 via crypto-news.net
  Cryptocurrency exchange giant Binance is moving into fiat trading through a joint venture with Liechtenstein Cryptoassets Exchange (LCX), a cooperation that was first announced on August 16. The service going under the name of “Binance LCX” has already started the hiring process to build a team of 10 to 15 people that will be in charge of the operations in the Liechtenstein office, so if you are interested you should definitely look it up on their platform.
  Located in Liechtenst
  
  Read more

• Reddit Co-Founder Bullish on Bitcoin Despite Current Price Slump

  25-08-2018 22:04 via newsbtc.com
  Alexis Ohanian, the co-founder of popular news and forum site, Reddit, is bullish on Bitcoin despite the current price slump. His optimistic views on the future of Bitcoin come as he moves away from Reddit and towards more venture capital initiatives, including investments in cryptocurrencies and cryptocurrency companies.
  Following the acquisition of Reddit by Conde Nast parent company, Advance Publications, Ohanian has been slowly relieving himself of his day-to-day duties at the online platfor
  
  Read more

• Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

  25-08-2018 21:20
  Today, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a 2017-esqe
  The post Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally appeared first on CCN
  
  Read more

• Advertisement

• ETF Rejections, Printing Money, and the Woz: This Week in Crypto

  25-08-2018 21:15
  Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts. Price Watch: Bitcoin is up 6% this week to $6,700 in a relatively calm week. flat price last week and
  The post ETF Rejections, Printing Money
  
  Read more

• Fluctuating Cryptocurrency Prices Are Wreaking Havoc on ICO-Funded Blockchain Startups

  25-08-2018 20:50
  In the last three months, ethereum price as fallen by over 60%. This drop in price has directly affected the budget plans of every ETH-denominated token sale within this period. Price volatility is a prominent aspect of the cryptocurrency ecosystem of today. While most ICOs executed in 2017 benefited from the significant surge in price
  The post Fluctuating Cryptocurrency Prices Are Wreaking Havoc on ICO-Funded Blockchain Startups appeared first on CCN
  
  Read more

• Building an Ecosystem: ARK Announces Partnership with Ø Crypto Union

  25-08-2018 20:11
  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
  The post Building an Ecosystem: ARK Announces Partnership with Ø Crypto Union appeared first on CCN
  
  Read more

• U.S. Senator Warns Closing Montana Coal Plant Will Hurt Bitcoin Mining Industry

  25-08-2018 19:31
  The junior United States Senator from Montana, Steve Daines, has warned that the planned closure of a coal power generator could harm the booming bitcoin mining business in the state. According to KULR-TV, all the four units of the Colstrip coal plant located in Rosebud County are expected to shut down by 2027. In Senator
  The post U.S. Senator Warns Closing Montana Coal Plant Will Hurt Bitcoin Mining Industry appeared first on CCN
  
  Read more

• Advertisement

• SEC Will Review Rejected Bitcoin ETFs: Why They Will Remain Rejected

  25-08-2018 19:23
  This week, the US Securities and Exchange Commission (SEC) has said it will review nine Bitcoin exchange-traded funds (ETFs) it disapproved on August 24. The letter sent to NYSE Group senior counsel David De Gregorio by SEC secretary Brent Fields read: “This letter is to notify you that, pursuant to Rule 43 I of the
  The post SEC Will Review Rejected Bitcoin ETFs: Why They Will Remain Rejected appeared first on CCN
  
  Read more

• Bitcoin ETFs Are a ‘Terrible Idea’, Says Bitcoin Advocate Andreas Antonopoulos

  25-08-2018 18:07
  Bitcoin advocate Andreas Antonopoulos offered his opinion on Bitcoin ETFs in a rather foreboding video released on August 14. He first explained the concept of an ETF or exchange-traded fund as a fund that has a custodian or manager that creates a special financial instrument that is similar to a stock. In the case of Bitcoin
  The post Bitcoin ETFs Are a ‘Terrible Idea’, Says Bitcoin Advocate Andreas Antonopoulos appeared first on CCN
  
  Read more

• $215 Billion: Crypto Market Continues Recovery as Bitcoin Price Hits $6,700

  25-08-2018 16:55
  In the past 24 hours, the Bitcoin price has increased from $6,400 to $6,700, recording a decent increase in its daily volume. The valuation of the crypto market has increased from $210 billion to $215 billion within a two-day period, fueled by the short-term surge in the price of tokens. Ethereum-based tokens like Wanchain, Aion,
  The post $215 Billion: Crypto Market Continues Recovery as Bitcoin Price Hits $6,700 appeared first on CCN
  
  Read more

• SOOM Coin listed on IDCM on August 27th

  25-08-2018 16:11
  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
  The post SOOM Coin listed on IDCM on August 27th appeared first on CCN
  
  Read more

• CNBC Tweets Have Been a Contrarian Bitcoin Price Indicator With 95% Accuracy

  25-08-2018 16:00 via newsbtc.com
  According to research from prominent cryptocurrency trader Jacob Canfield, who plotted out his findings against a BTC price chart on the popular charting site TradingView, CNBC’s tweets can be used as a contrarian Bitcoin price indicator with as much as 95% accuracy.
  CNBC: A Contrarian Indicator with 95% Accuracy
  Canfield claims that almost “every single bullish tweet” has been at or near the top of nearly every BTC rally in 2018. Meanwhile, each bearish tweet has represented a
  
  Read more

• Hackers Hijack Elon Musk’s Twitter, Offer ‘Free’ Cryptocurrency

  25-08-2018 15:55
  A business magnate’s Twitter account got hacked and started promising free Bitcoin and Ethereum to its 22.5 million followers. Elon Musk, CEO & co-founder of Tesla, became the victim of growing hacking incidents on Twitter – for the second time. As the tycoon got busy posting philosophical tweets, his impersonator with a verified Twitter account
  The post Hackers Hijack Elon Musk’s Twitter, Offer ‘Free’ Cryptocurrency appeared first on CCN
  
  Read more

• Crypto Isn't Just Money – It's a Defense Against Discrimination

  25-08-2018 15:30
  Financial discrimination shows just how precarious Americans' rights are in practice. Cryptocurrency is the solution — if an imperfect one at present.
  
  Read more

• Crypto Isn't Just Money - It's a Defense Against Discrimination

  25-08-2018 15:30
  Financial discrimination shows just how precarious Americans' rights are in practice. Cryptocurrency is the solution — if an imperfect one at present.
  
  Read more

• The Weirdest Prediction Markets on Augur Right Now

  25-08-2018 15:00
  Many have high hopes for ethereum-based prediction market Augur; others only seem interested in using it for some old-fashioned internet trolling.
  
  Read more

• Google Searches for ‘Bitcoin Price’ Sink to Three-Year Low

  25-08-2018 14:32
  Fewer people are looking up the term “Bitcoin Price” on Google than at any point for more than a year. Data from Google Trends reveals that the search term is approaching historically low levels of popularity not seen since 2015. Market Slump’s Effect on Google Searches Google Trends describes itself as a public web facility that
  The post Google Searches for ‘Bitcoin Price’ Sink to Three-Year Low appeared first on CCN
  
  Read more

• Permabull Tom Lee: Bitcoin Price at $20,000 Still Possible By The End Of 2018

  25-08-2018 14:30 via newsbtc.com
  When it comes to Bitcoin bulls, there isn’t anyone who is as optimistic as Fundstrat’s Tom Lee. And with a recent appearance on CNBC, Lee has only cemented this theme, drawing attention to indicators that could indicate that Bitcoin bears are losing steam.
  Fundstrat Analyst Remains Bullish, Even After Eight Months Of Bearish Price Action
  Where’s Bitcoin headed next? That’s the question that has been weighing on the minds of crypto investors worldwide. Tom Lee, the head of
  
  Read more

• ShapeShift CEO: Bitcoin Bear Market Isn’t Over Yet, But Accumulate Now

  25-08-2018 13:00 via newsbtc.com
  Investors recently breathed a sigh of relief, as Bitcoin staved off a move under the ever so important $5,800 support level. And while some presume that the bear market may be breathing its last breaths, some pessimists believe that the worst has yet to come for this early-stage market.
  Erik Voorhees: Bitcoin Could Fall To As Low As $4,750
  As with any market, there are bulls and bears. Erik Voorhees of Shapeshift, an instant crypto-to-crypto exchange, seems to fall into the latter category,
  
  Read more

• Philippines, Korea, and Thailand Move to Create the Next Crypto Valley

  25-08-2018 12:59
  The Philippines, Thailand, and South Korea are moving towards creating the next crypto valley, after recognizing the success of Malta and Zug, Switzerland in creating crypto and blockchain friendly environments. Most countries in Southeast Asia, including Vietnam and Thailand, have cracked down on crypto trading and blockchain-related developments over the past year. A few months
  The post Philippines, Korea, and Thailand Move to Create the Next Crypto Valley appeared first on CCN
  
  Read more

• DAG Platforms Advancing as Experts Debate Potential

  25-08-2018 12:00 via crypto-news.net
  As blockchain technology steadily moves toward mainstream adoption, developers are hard at work seeking to solve technical challenges and create the perfect platform. Although the benefits of blockchain are universally recognized across the crypto space, an alternate from of distributed ledger architecture is gaining support. Directed acyclic graph (DAG) systems accomplish the same goals as blockchains, but in a manner that, theoretically, solves many of blockchain’s most daunting challeng
  
  Read more

• CFTC Will Continue to Develop Better Regulations For Crypto Industry: CFTC Executive

  25-08-2018 12:00 via newsbtc.com
  In a recent interview with Forbes, the CFTC’s Chief Innovation Officer and inaugural director of LabCFTC, Daniel Gorfine, discussed important issues pertaining to the blockchain and crypto industry, including topics ranging from the importance of collaborating with innovators to the obstacles faced by regulators in the industry.
  There has never been as much need for common sense regulation within the cryptocurrency industry as there is now, and this is mainly due to the surging popularity
  
  Read more

• North Korea’s Lazarus Target Cryptocurrency Exchanges with ‘AppleJeus’ MacOS Malware

  25-08-2018 11:45
  Kaspersky Lab has discovered that the infamous North Korean cybercrime ring Lazarus has been targeting cryptocurrency exchanges, fintech companies and banks under a malware campaign called AppleJeus. The cyber thieves have attempted to steal cryptocurrency using Trojanized cryptocurrency software,  according to Computer Weekly. Kaspersky Lab’s Global Research and Analysis Team reported Lazarus infiltrated an Asian … Continued
  The post North Korea’s Lazarus Target Cryptocu
  
  Read more

• Crypto Markets Sluggish on Saturday as Bitcoin Increases Dominance

  25-08-2018 10:43 via newsbtc.com
  FOMO Moments
  Markets are meek today; Monero, Lisk, and Nano inch up, Bitcoin Diamond dumping.
  As we enter the weekend in crypto land markets have remained relatively stable and have even made a little upward progress. Total capitalization has crept back over $215 billion but no real motions have been seen to spur a measureable recovery.
  Bitcoin has recovered all losses since the SEC announcement in the week which is a good sign. BTC is up 2.7% on the day to trade at just over $6,700. On the week
  
  Read more

• Litecoin (LTC) Technical Analysis: Litecoin Mass Adoption a Priority, Not Price

  25-08-2018 04:13 via newsbtc.com
  Superseding everything else is mass adoption and that is what Litecoin figure heads and Foundation is pushing for. Currently price isn’t center stage, coin demand is and for obvious reasons: the later precedes value. While we might see short term recoveries edging prices towards $70, our break out levels, news of adoption break through or announcement of strategic partnerships aside from CoinBase efforts might ignite a wave of loss reversals with first targets at $110, the upper limit of o
  
  Read more

• America’s Oldest Central Bank, Bitcoin Startup Partner to Explore Digital Currency

  25-08-2018 03:01
  The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao and Sint Maarten island nations. Per the chief executive of Bitt, Rawdon Adams, a digital currency will be especially relevant to the two countries, which are
  The post America’s Oldest Central Bank, Bitcoin Startup Partner to Explore Digital Currency appeared first on CCN
  
  Read more

• EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Shaking Off Sellers with IOTA, Tron, XLM Recording Gains

  25-08-2018 02:13 via newsbtc.com
  Though gains are around three percent week over week, altcoins are clearly rejecting lower lows and recovering. Thus far, there are reasonable gains in Litecoin, EOS and Stellar Lumens. If Stellar Lumens shake off sellers and bulls drive prices above 26 cents, chances are another flip may happen with EOS dropping down to position six in the liquidity table. Before that happens, we suggest short term buys in IOTA, Tron and Litecoin with stops at immediate support lines.
  Let’s have a look at
  
  Read more

• ‘Vicious’ Crypto Fraudster Fined $1.1 Million, Slapped with Lifetime Trading Ban

  25-08-2018 01:57
  A cryptocurrency trading firm and its principal have been fined as well as banned from any future trading in digital assets in a case filed by the Commodity Futures Trading Commission (CFTC). In the landmark case targeting Cabbage Tech aka Coin Drop Markets and the firm’s principal, Patrick K. McDonnell, the New York Eastern District
  The post ‘Vicious’ Crypto Fraudster Fined $1.1 Million, Slapped with Lifetime Trading Ban appeared first on CCN
  
  Read more

• How the Efforts of Bakkt Could Lead to the Approval of the First Bitcoin ETF

  25-08-2018 00:55
  The SEC has disapproved 10 Bitcoin exchange-traded funds (ETFs) in the past month but analysts believe Bakkt can assist the launch of the first bitcoin ETF. Bakkt’s Efforts in Finding Trusted Price Formation Last month, the SEC officially rejected the Winklevoss Bitcoin ETF filed with the Bats BZX Exchange with a 92-paged document which explicitly
  The post How the Efforts of Bakkt Could Lead to the Approval of the First Bitcoin ETF appeared first on CCN
  
  Read more

Follow @CryptoNewslock on Twitter!