Cryptocurrency news

• TechCrunch Identifies “Killer App” for Blockchains in Asia

  02-09-2018 23:00 via crypto-news.net
  TechCrunch contributor Joyce Yang published a really interesting article on August 18th, which suggests that the largest implementation for cryptocurrencies and blockchains is gaming, at least in Asia, this is what drives forward technology adoption and growth. The article talks about Cryptokitties, whose co-creator Benny Giang has grown to a wide acceptance and adoption among both crypto and cat lovers. Started the expansion in China, Japan, and Korea, and according to TechCrunch this
  
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• Covered: Llyod’s of London is Insuring a Crypto Custody Services Firm

  02-09-2018 22:29
  HODLers who use the services of Kingdom Trust are now bound to sleep a little more soundly. This is after the Murray, Kentucky-based cryptocurrency custody firm announced that it had obtained insurance coverage for the digital assets it holds via the marketplace of Lloyd’s of London. Currently, Kingdom Trust boasts of US$12 billion of assets
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• Dogecoin Drops 35% as Dogethereum Sentiment Wears Off

  02-09-2018 20:29
  Dogecoin today fell as much as 35 percent from its highest peak since March. The DOGE/USD yesterday established the intraday high near 0.00692-fiat after rising by more than 70 percent in just two days. Just before the yesterday’s close, the pair had undergone a bearish correction towards 0.00540-fiat. The Sunday’s trading session began on a
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• Bitcoin Shorts Reach All-Time Highs During Low Market Cycle, What’s Next?

  02-09-2018 19:29 via newsbtc.com
  Bitcoin short positions have been ranging near their all-time highs during the past month, signaling that traders are giving up hope that Bitcoin will maintain its current price of over $7,200. On September 1st, a notable 10,000 BTC short position was opened, bringing Bitcoin short positions back near their all-time high as Bitcoin shows relative stability in the low $7,000s.
  Bitcoin Shorts Reaching All-Time Highs Could Act as Bitcoin Contrarian IndicatorBitcoin shorts first reached their h
  
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• The Petro Probably Doesn’t Exist, Nor the Oil Reserves Backing It: Report

  02-09-2018 19:22
  A month after Venezuelan president Nicholas Maduro announced the creation of the Petro, a state-backed cryptocurrency that would supposedly bring the country out of six-figure hyperinflation, the only place the Petro seems to exist is in the media. A Reuters special report recently documented the situation in the oil-rich savanna region around the town of Atapirire,
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• Bitcoin Price Secures $7,200 as Shorts Rise Rapidly but Tokens Bleed Out

  02-09-2018 18:16
  On September 2, short contracts on Bitcoin started to pile up on BitMEX and Bitfinex, a relatively large portion of the crypto market expressed their negative stance on the short-term performance of Bitcoin price. Although Bitcoin has successfully broken out of the $7,200 resistance level on September 1, since late August, the dominant cryptocurrency has
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• CPChain Introduces the RNode Ecosystem Structure to More Effectively Secure and Validate Cross-Chain Transactions

  02-09-2018 18:01
  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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• Elon Musk Plays Along with ETH Giveaway Scam on Twitter

  02-09-2018 16:54
  Barely a few hours after crypto giveaway scam bots on Twitter targeted the official account of Pope Francis to promote a fake bitcoin giveaway, Elon Musk has again been targeted while taking a playful jab at the now-ubiquitous Twitter scam. Responding to a thread under a tweet from Techmeme referencing Twitter’s latest purge of scam bots, Musk
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• Is Wright Wrong, Ethereum Block Reward Cut and Big Raises: This Week in Crypto

  02-09-2018 15:42
  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 7.15%  to $7,200 after fluctuating just below the $7,000 mark last Sunday before finally breaking
  The post Is
  
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• Choosing Coins: What Influences Cryptocurrency Exchanges’ Listings?

  02-09-2018 14:55
  When it comes to the most well regarded and highest trade-volume cryptocurrency exchanges, even the mere hint of a new coin listing can send enthusiasts, investors and pundits wild – resulting in close speculation and often a certain level of ‘pump’ with regards to coin value. How Do They Do It Normally? An obvious conclusion
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• University of Malta Launches €300,000 Blockchain Scholarship Fund

  02-09-2018 13:49
  Malta continues to take the lead in the cryptocurrency and blockchain sector with an interesting new development in the educational sector. The University of Malta and the Malta Information Technology Agency have signed an agreement where a fund of EUR300,000 will be made available for those students who wish to pursue their studies in blockchain
  The post University of Malta Launches €300,000 Blockchain Scholarship Fund appeared first on CCN
  
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• Venezuela's Petro Cryptocurrency Is a Gift to Future Generations

  02-09-2018 12:30
  The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.
  
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• Taiwanese Hospital Launches Blockchain Platform for Record Keeping

  02-09-2018 12:25
  As part of efforts to consolidate the government’s Hierarchical Medical system policy, Taipei Medical University Hospital has introduced a blockchain-driven platform for the advancement of medical record-keeping. The Healthcare Blockchain Platform will be used to improve patient referral services and integrates individual healthcare networks for people to access their medical records with relative ease, according to
  The post Taiwanese Hospital Launches Blockchain Platform for Record K
  
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• The Fight Over Masternodes: The WTF New Way to Earn Money With Crypto

  02-09-2018 11:40
  There's a battle going on and it displays how popular masternodes have become. But wait, what's a masternode? And how can you earn money with one?
  
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• Cryptocurrency Market Update: Bitcoin Cash Boosted on Stress Test Day

  02-09-2018 10:30 via newsbtc.com
  FOMO Moments
  Sunday seeing further gains; Bitcoin Cash, Neo and Verge all performing solidly.
  That green feeling has continued over the weekend in crypto land as the recovery gains momentum. Market capitalization has climbed a little again pushing it over $235 billion, its highest level for over three weeks.
  Bitcoin keeps climbing, albeit very slowly, it has made 2.3% on the day to trade at $7,230. The next resistance level for BTC is $7,350 which it could reach soon if momentum is maintained. E
  
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• Crypto Week In Review: Market Moves Out Of Slump, Ethereum Futures Next

  02-09-2018 09:18 via newsbtc.com
  Although the past seven days were relatively quiet for this industry, hopes for the long-term growth and adoption of crypto assets like Bitcoin and Ethereum remain at all-time highs, as an assortment of firms released a variety of innovative products that piqued the interest of many.
  CBOE To Launch Ether Futures In The Upcoming Months
  On Thursday, it was revealed that the CBOE, the largest US-based options exchange, moved one step closer to launching an Ethereum (ETH) futures contract. Spea
  
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• Bitcoin Price Weekly Analysis: BTC/USD Targets $7,300-7,400

  02-09-2018 08:00 via newsbtc.com
  Key PointsBitcoin price is moving higher nicely and it could soon test the $7.300 level against the US Dollar.
  There is a major bullish trend line formed with support at $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair is likely to climb higher slowly and steadily above the $7,300 level in the near term.Bitcoin price is gaining strength above the $7,100 level against the US Dollar. BTC/USD buyers are now targeting the $7,300 and $7,400 resistances.
  Bitcoin Price
  
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• Ethereum Price Weekly Analysis: ETH/USD Grinding Toward $314

  02-09-2018 07:00 via newsbtc.com
  Key HighlightsETH price is moving nicely above the $290 level and it could gain further towards $314 against the US Dollar.
  There is a crucial bullish trend line formed with support at $290 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair remains supported and it seems like it could continue towards $304 and $314 in the near term.Ethereum price is slowly moving higher versus the US Dollar and Bitcoin. ETH/USD remains buy on dips towards the $290 and $282 levels.
  Ethereum Price Tr
  
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Rally Could Extend above $650

  02-09-2018 06:18 via newsbtc.com
  Key PointsBitcoin cash price jumped higher and broke the $540 and $600 resistance levels against the US Dollar.
  There was a break above a major bearish trend line formed with resistance near $560 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair surged above the $600 and $620 levels, and now it could rally past $650.Bitcoin cash price climbed higher sharply above $600 against the US Dollar. BCH/USD may correct lower, but dips remain supported for more gains above $650.
  B
  
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• Global Bitcoin ATM Market to be Worth $145 Million by 2023: Report

  02-09-2018 02:15
  As cryptocurrency awareness and adoption grows, the bitcoin ATM market is forecast to expand at a CAGR of over 50% in a five-year period. This is according to a study conducted by business-to-business research firm MarketsandMarkets indicating that the cryptocurrency ATM market will grow at a compound annual growth rate of 54.7% between 2018 and … Continued
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• The $257 Million Cryptocurrency that Wants to Upend Cloud Data Storage is Almost Ready to Go Live

  02-09-2018 00:45
  Filecoin, a decentralized storage network that turns cloud storage into an algorithmic market monetized through cryptocurrency, has announced that it will go public within the coming months. Filecoin prepares for liftoff This announcement is contained in a blog post by the company, in which it stated that, having passed the critical period when it needed
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• Eminem’s Latest Album Kamikaze Name-Checks Bitcoin

  02-09-2018 00:00 via newsbtc.com
  Multi-award winning rap artist Eminem has just released his latest album, Kamikaze. On one of the tracks, collaborator Royce Da 5’9′ mentions Bitcoin in a light that is rare to see.
  Bitcoin Takes Another Step Towards Mainstream Acceptance
  Since the bull market of 2017, both news coverage and mentions of Bitcoin in popular culture have increased tremendously.
  The latest example of the world’s number one digital currency moving into the mainstream is on Eminem’s latest
  
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