Cryptocurrency news

• 48% of American Millennials Would Switch from Fiat to Crypto, Survey Reveals

  10-09-2018 23:07 via feedproxy.google.com
  
  A survey carried out by research service YouGov Omnibus shows that while cryptocurrency prices are tumbling, 48 percent of millennials have no problem switching to crypto as a primary currency. The report, which collected answers from 1202 respondents from August 29-30, 2018, revealed that 79 percent of Americans are familiar with at least one cryptocurrency. […]
  The post 48% of American Millennials Would Switch from Fiat to Crypto, Survey Reveals appeared first on Coinjournal.
  
  Read more

• Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market

  10-09-2018 23:03
  According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Similar to
  The post Citigroup is the Latest Bank to Offer Crypto Custody: Here’s How it Will Affect the Market app
  
  Read more

• Tsukuba Having Problems implementing Blockchain Voting

  10-09-2018 23:00 via crypto-news.net
  On September 2nd, Japanese media outlet The Japan Times broke a story about the latest news coming from Tsukuba, a city in the Ibaraki Prefecture. This place is considered to be a scientific center, so it does not come as a surprise to discover that they will utilize blockchain technology.
  They want to leverage existing governmental structures and systems and enable citizens to take part in the decision-making process. The way they do this is by connecting the “My Number” identi
  
  Read more

• ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

  10-09-2018 23:00 via newsbtc.com
  A new research report from a leading independent fintech research firm says that funding for initial coin offerings (ICOs) has reached a 2018 low – levels not seen since April 2017.
  ICOs: From Business Boom to Burgeoning Bust
  ICOs were positioned as the trendy new way for startups to crowdfund their ambitious blockchain projects without all of the regulatory red tape associated with initial public offerings (IPOs).Businesses were able to get necessary funding they needed to get projects of
  
  Read more

• Advertisement

• Crypto Use Is A 'Fringe Activity' Among Terrorists, Says Think Tank

  10-09-2018 23:00
  Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
  
  Read more

• Crypto Use A 'Fringe Activity' Among Terrorists, Says Think Tank

  10-09-2018 23:00
  Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
  
  Read more

• Chinese Government Accepts Blockchain Records as Evidence in Court

  10-09-2018 22:30 via newsbtc.com
  A new ruling from China’s Supreme People’s Court clarified how blockchain records pertain to court processes, ruling that blockchain records are considered as admissible evidence in court.
  The new ruling regarding blockchain technology is particularly relevant for internet-based legal cases that can present difficulties regarding the accuracy of evidence and information presented to the court.
  The ruling, which came last Friday, is the latest governmental decision that supports what
  
  Read more

• 72% of Cryptocurrency Investors Plan to Buy More this Year: Survey

  10-09-2018 21:53
  A majority of accredited cryptocurrency investors and nearly three-fourths of retail investors plan to increase their cryptocurrency holdings in the next 12 months, a new survey suggests. That survey, conducted by securities trading platform SharesPost in July and eliciting responses from 2,490 retail investors and 528 accredited investors, found that current cryptocurrency owners remain highly-bullish
  The post 72% of Cryptocurrency Investors Plan to Buy More this Year: Survey appeared first on
  
  Read more

• Advertisement

• Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017

  10-09-2018 21:05
  Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, according to a new report.
  
  Read more

• Citigroup Preparing New, Less-Risky Crypto Product for Investors

  10-09-2018 21:00 via newsbtc.com
  New York-based multinational financial services and investment bank, Citigroup, has reportedly created a new, less risky way of investing in cryptocurrencies in hopes of potentially luring investors who are still on the fence and reluctant to invest in the space due to the risks associated with crypto assets.
  Citigroup Has Created the Digital Asset Receipt
  According to a new report from Business Insider, citing sources “with knowledge of the project,” American banking giant Citi
  
  Read more

• Cryptocurrencies ‘Here to Stay, Market Growing despite Recent Turbulence’: EU Watchdog Chief

  10-09-2018 20:37
  Following the meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Vienna, Austria on September 7, European Commission Vice-President Vladis Dombrovskis has stated that the Council’s position on cryptocurrencies is that they are here to stay despite market turbulence. CCN earlier reported that the 28 EU finance ministers would meet for an informal
  The post Cryptocurrencies ‘Here to Stay, Market Growing despite Recent Turbulence’: EU Watchdog Chief appeared first
  
  Read more

• Leading Hong Kong, Shanghai, Singapore and Australia Scholars Join Forces to Tackle Regulatory Issues around Cryptocurrencies

  10-09-2018 20:10
  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 Leading Hong Kong, Shanghai, Singapore and Australia Scholars Join Forces to Tackle Regulatory Issues around Cryptocurrencies app
  
  Read more

• Winklevoss Twins Launch Stable Coin, Receive Green Light from Regulator

  10-09-2018 20:00 via newsbtc.com
  The Winklevoss twins have just launched a stable coin on their Gemini platform. It is the first of such products to receive approval from a financial regulator.
  Gemini Dollar Gets Blessing from the New York Department of Financial Services
  Tyler and Cameron Winklevoss continue to champion the cause of cryptocurrency, despite the declines in prices and public interest so far in 2018. Their latest product is a stable coin, which aims to represent the value of the U.S. dollar. To achieve this, each
  
  Read more

• Hashing24.com Boosts the Security in Cooperation with Emerсoin

  10-09-2018 19:55
  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 Hashing24.com Boosts the Security in Cooperation with Emerсoin appeared first on CCN
  
  Read more

• Vena Network: Open Protocol for Tokenized Asset Financing and Exchange

  10-09-2018 19:51
  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 Vena Network: Open Protocol for Tokenized Asset Financing and Exchange appeared first on CCN
  
  Read more

• ‘BitLicense’ Regulator Approves Two USD-Pegged Cryptocurrency Tokens

  10-09-2018 19:29
  One of the strictest cryptocurrency regulatory regimes in the United States has approved proposals from two companies under its oversight to issue cryptocurrency tokens whose values are pegged to the U.S. dollar. NYDFS Approves Two Stablecoins In a statement published Monday, the New York Department of Financial Services (NYDFS), creator of the “BitLicense” framework for
  The post ‘BitLicense’ Regulator Approves Two USD-Pegged Cryptocurrency Tokens appeared first on CCN
  
  Read more

• SportsCastr Partners with WNBPA to Power Live Interactive Video Content for Fans

  10-09-2018 19:27
  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 SportsCastr Partners with WNBPA to Power Live Interactive Video Content for Fans appeared first on CCN
  
  Read more

• Blockchain Gaming Pioneer XAYA Announces Public Sale is Live Exclusively on Liquid

  10-09-2018 19:23
  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 Blockchain Gaming Pioneer XAYA Announces Public Sale is Live Exclusively on Liquid appeared first on CCN
  
  Read more

• ARUXM has Announced Testing ERC20 Token-Based Production Protocol with IOTA Tangle

  10-09-2018 19:18
  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
  The post ARUXM has Announced Testing ERC20 Token-Based Production Protocol with IOTA Tangle appeared first on CCN
  
  Read more

• Ripple's Former Legal Chief Joins Crypto Payments Startup

  10-09-2018 19:15
  Just days after leaving her role as Ripple's top legal officer, Brynly Llyr is taking on the role of general counsel at crypto payments startup Celo.
  
  Read more

• Bitcoin Price Intraday Analysis: BTCUSD Rebounding Weakly

  10-09-2018 18:43
  The bitcoin price on Monday appreciated versus the US Dollar, boosted by passable buying sentiment near $6,121, July 13 low. The BTC/USD today rose as much as 3.67 percent since establishing its intraday low at 6149-fiat. The pair started the trading session attempting a weak rebound from yesterday’s 100-dollar fall. The Asian morning saw BTC/USD
  The post Bitcoin Price Intraday Analysis: BTCUSD Rebounding Weakly appeared first on CCN
  
  Read more

• Incentive Network Founded by Ex-Alibaba Execs Signs E-Commerce Players in Southeast Asia

  10-09-2018 18:10
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Centive has announced that is has signed Memorandum of Understanding with a couple leading e-commerce players in Southeast Asia, and there are more partners to come once the products
  The post Incentive Network Founded by Ex-Alibaba Execs Signs E-Commerce Players in Southeast Asia appeared first on CCN
  
  Read more

• Crypto Research Firm Adds Nobel Prize Winners as Advisors

  10-09-2018 18:00
  Blockchain research firm and accelerator Cryptic Labs has just taken on two Nobel-winning economists as advisers.
  
  Read more

• SEC Halts U.S. Trading of Swedish ‘Bitcoin ETF’, Bitcoin Markets Not Impacted

  10-09-2018 17:40
  The U.S. Securities and Exchange Commission (SEC) has halted trading of two foreign cryptocurrency investment products, including one that investors commonly referred to as the “Swedish bitcoin ETF.” SEC Leashes Bitcoin & Ethereum Investment Products The SEC announced the temporary trading suspension on Sunday, while U.S. markets were closed for the weekend, claiming that “there
  The post SEC Halts U.S. Trading of Swedish ‘Bitcoin ETF’, Bitcoin Markets Not Impact
  
  Read more

• Back Below $200 Billion: Crypto Market Cap Sinks to 10-Month Low

  10-09-2018 16:45
  The sell-off in bitcoin and the resulting risk aversion pushed the cryptomarket to the lowest level since November 2.
  
  Read more

• Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim

  10-09-2018 16:26
  Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps). He said: “No wonder Ethereum is collapsing. 75% of DApps are crypto-kitties, scammy Ponzi pyramid schemes & Casino games. The other 25%
  The post Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim appeared first on CCN
  
  Read more

• Nobel Laureates Join Blockchain Research Lab and Accelerator Cryptic Labs

  10-09-2018 15:46 via feedproxy.google.com
  
  Cryptic Labs, a blockchain research lab and accelerator, has announced the addition of two Nobel Laureates in economics, Dr. Eric S. Maskin and Sir Christopher Pissarides, to its economics advisory board. The addition of Drs. Maskin and Pissarides will allow Cryptic Labs to offer blockchain companies insights in game theory and token economics. The two […]
  The post Nobel Laureates Join Blockchain Research Lab and Accelerator Cryptic Labs appeared first on Coinjournal.
  
  Read more

• Breaking: Winklevoss’ Gemini Launches U.S. Dollar-Pegged Cryptocurrency

  10-09-2018 15:34
  Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the creation of a USD-pegged Ethereum token that looks to supplant tether (USDT) as the stablecoin of choice among bitcoin traders. Gemini Launches Tether Competitor Announced on Monday, the Gemini dollar (GUSD) aims to become what the controversial tether token has not, a
  The post Breaking: Winklevoss’ Gemini Launches U.S. Dollar-Pegged Cryptocurrency appeared first on CCN
  
  Read more

• Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar

  10-09-2018 15:30
  Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today.
  
  Read more

• Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator

  10-09-2018 15:00
  Blockchain startup Paxos is launching a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.
  
  Read more

• Blockchain Records Will now be Accepted as Legal Evidence, China’s Supreme Court Rules

  10-09-2018 14:10
  Internet courts in China will henceforth deem evidence authenticated using blockchain technology as being legally binding. This follows the publication of new rules by the Supreme People’s Court of China which state that blockchain records will now be admissible in court. According to the South China Morning Post, internet courts which have been set up
  The post Blockchain Records Will now be Accepted as Legal Evidence, China’s Supreme Court Rules appeared first on CCN
  
  Read more

• 'Crypto Assets Are Here to Stay,' Says EU Commission Vice President

  10-09-2018 14:00
  The European Commission will conclude a regulatory assessment of crypto assets this year, because "they are here to stay," says an official.
  
  Read more

• Bitcoin Retains Bear Bias Despite Recovery From 25-Day Low

  10-09-2018 13:00
  Bitcoin's recovery from 25-day lows near $6,100 is likely a "dead cat bounce" rather than a bullish reversal, charts suggest.
  
  Read more

• Interstellar Arrives: Visa, Citi-Backed Chain Acquired By Stellar Startup

  10-09-2018 12:58
  An acquisition that finds two of crypto's leading entrepreneurs teaming to back the world's sixth-largest blockchain has been confirmed.
  
  Read more

• Singporean Crypto Exchange Invests $3 Million in Bitcoin Australia for International Expansion

  10-09-2018 12:57
  Singapore-based cryptocurrency exchange KuCoin has marked its foray into Australia with a multi-million investment in a regulated domestic exchange, part of a new joint venture. The Australian Financial Review is reporting that KuCoin has invested the AUD $3 million investment in Bitcoin Australia, a domestic exchange that enables bitcoin trading and ethereum buying, enabling the
  The post Singporean Crypto Exchange Invests $3 Million in Bitcoin Australia for International Expansion appeared firs
  
  Read more

• Cryptocurrency Market Update: Bitcoin Diamond (BCD) Pump Defies the Dump

  10-09-2018 12:42 via newsbtc.com
  FOMO Moments
  Markets are in a bad shape on Monday; but Bitcoin Diamond and Waves recovering.
  Crypto markets are still in the doldrums as we start the week. A very small bounce yesterday prevented them reaching a new yearly low but levels are not far off it. Still under $200 billion, markets are at their lowest point since the end of October last year.
  Bitcoin made a small upward movement yesterday but has stayed flat since then trading at $6,320. Further losses look likely for BTC which is not s
  
  Read more

• Citigroup to Offer Low-Risk Crypto Product for Institutional Investors: Report

  10-09-2018 11:52
  Investors may now have a new way of purchasing cryptocurrencies without actually having to own them. Manhattan, New York-based banking giant Citigroup has reportedly developed a product which could reduce the risk hedge funds and asset management firms are exposed to when they invest in cryptocurrencies. According to the Business Insider, the instrument which was … Continued
  The post Citigroup to Offer Low-Risk Crypto Product for Institutional Investors: Report appeared first on CCN
  
  Read more

• WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

  10-09-2018 11:30
  WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets.
  
  Read more

• Walmart to Create Autonomous Robots Powered by Blockchain Tech

  10-09-2018 11:00 via crypto-news.net
  Walmart is among the finest and largest retail giants in the world right now and even in the past, it has taken incredibly bold steps to revolutionize the industry by bringing in a great deal of innovation. However, their recent move, which features the plan to create a platoon of autonomous robots with the help of blockchain technology, is quite futuristic and would not only attract a reasonable number of customers and tech geeks, but it would assist this in inventory management as well.
  A coup
  
  Read more

• SEC Suspends Trading in Bitcoin and Ethereum Investment Products

  10-09-2018 10:48
  The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) … Continued
  The post SEC Suspends Trading in Bitcoin and Ethereum Investment Products appeared first on CCN
  
  Read more

• Bitcoin Price Watch: BTC/USD Remains At Risk Below $6,500

  10-09-2018 10:48 via newsbtc.com
  Key PointsBitcoin price is currently consolidating below a major resistance at $6,500 against the US Dollar.
  There is a short-term breakout pattern in place with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair has to move above $6,380 and $6,500 to gain upside momentum in the near term.Bitcoin price is struggling to clear the $6,500 barrier against the US Dollar. BTC/USD could extend slides if it fails to move above $6,380 and $6,500.
  Bitcoin Price
  
  Read more

• Square and eToro 3x User Base by Integrating Crypto, Others Lag Behind

  10-09-2018 10:30 via newsbtc.com
  The crypto market has undoubtedly begun to permeate into legacy systems, with several forward-thinking firms beginning to make a foray into this space over the past months. While these moves are often seen as high-risk, as a result of the negative image propagated by the mainstream media and consumers, firms adopting cryptocurrencies have actually excelled and expanded, much to the dismay of naysayers.
  People Hate Change
  Despite this industry’s infancy, financial-technology (fintech)
  
  Read more

• Coinbase CEO Lays Out Plan to Dominate Crypto Securities Marketplace

  10-09-2018 10:13 via feedproxy.google.com
  
  Coinbase CEO Brian Armstrong has stated that, in addition to being the most popular cryptocurrency exchange in the U.S., the company eventually intends to grow into an organization that resembles the New York Stock Exchange (NYSE). Speaking at the TechCrunch Disrupt SF event in San Francisco, Armstrong highlighted his vision for the company, which includes a scenario […]
  The post Coinbase CEO Lays Out Plan to Dominate Crypto Securities Marketplace appeared first on Coinjournal.
  
  Read more

• Cardano Price Analysis: ADA/USD Likely To Extend Declines

  10-09-2018 10:00 via newsbtc.com
  Key HighlightsADA price is under heavy pressure and it could soon break the $0.0740 support against the US Dollar (tethered).
  There is a key bearish trend line formed with resistance at $0.0780 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair is currently moving lower and it may soon break the $0.0735 swing low.Cardano price is trading with bearish moves against the US Dollar and Bitcoin. ADA/USD may continue to move down towards the $0.0700 and $0.0650 levels.
  Cardano P
  
  Read more

• Can Bitcoin Save Argentina?

  10-09-2018 10:00
  A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.
  
  Read more

• Argentina Back in Crisis: Should the Government Buy Bitcoin?

  10-09-2018 10:00
  A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.
  
  Read more

• Bitcoin Price Stable at $6,300 But Crypto Market en Route to 2018 Low

  10-09-2018 09:33
  On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $6,190 to $6,450. Yet, the rest of the market has struggled to recover, demonstrating slow movements. On August 15, the cryptocurrency market reached its lowest point in the year at $191 billion. Over the past 24 hours, the valuation of the market
  The post Bitcoin Price Stable at $6,300 But Crypto Market en Route to 2018 Low appeared first on CCN
  
  Read more

• Ripple Price Analysis: XRP/USD Could Break $0.2650 Support

  10-09-2018 09:00 via newsbtc.com
  Key HighlightsRipple price corrected higher recently, but it failed to break the $0.2900 resistance against the US dollar.
  There is a key bearish trend line in place with resistance at $0.2850 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair is currently moving lower and it remains at a risk of more losses below the $0.2650 support.Ripple price is declining once again against the US Dollar and Bitcoin. XRP/USD could even break the $0.2650 support to test the $0.2500 le
  
  Read more

• Bobby Lee Bullish On Native Crypto Like Bitcoin, Not ICO-Issued Utility Tokens

  10-09-2018 09:00 via newsbtc.com
  As the ICO epidemic continues to spread around the globe, many proponents of pure, PoW-issued crypto claim that the tokens issued via public funding rounds aren’t fit to be called bona fide decentralized blockchain-backed assets.
  Bobby Lee: ICO-Issued Tokens Are Comparable To Blockchain Investments, Not Crypto
  The debate between proponents of “pure” cryptocurrencies and ICO-issued utility tokens has raged on, with Bobby Lee, the former CEO of the BTCC exchange, recently sp
  
  Read more

• The First Use Case for BANKEX Plasma

  10-09-2018 08:49
  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. BANKEX Plasma unveils its first use case: buying coffee from a vending machine with crypto. This is the first realization of the Plasma blockchain, a solution originally proposed
  The post The First Use Case for BANKEX Plasma appeared first on CCN
  
  Read more

Follow @CryptoNewslock on Twitter!