Cryptocurrency news

• Bitcoin Dominance Eyes 60% as Ethereum Price Flounders

  11-09-2018 23:58
  The recent fallout in altcoin prices, particularly ethereum, has boosted bitcoin’s dominance of the crypto market, now commanding nearly 60% of market share. As of today, bitcoin holds 56.72% of the market compared to ethereum’s 12.62%, according to CoinMarketCap. Bitcoin’s price woes of the past month have not been enough to compromise its market dominance, largely
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• Major Crypto Companies Form DC Lobbying Group

  11-09-2018 23:05
  A number of major cryptocurrency firms are forming the Blockchain Association to lobby Washington, D.C. lawmakers on regulations in the space.
  
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• Stablecoins Won’t Fix Bitcoin’s Instability: Berkeley Prof.

  11-09-2018 23:02
  Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable in value and attractive as units of account, but they are flawed. His piece comes on the heels of the launch of the Gemini dollar (GUSD) by the
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• Proof of Transaction – A Revolutionary New Model or Just a Passing Trend?

  11-09-2018 23:00 via crypto-news.net
  Recently, a foundation called TAU came out with their initial ongoing whitepaper, where they describe a new consensus algorithm that was designed as the basis of a cryptocurrency platform which promotes transactions, as opposed to holding or staking tendencies for users.
  The consensus model is called “Proof of Transaction” and it is designed to provide security, transparency, and immutability by leveraging the transaction history of wallets to create a block. For the test network, th
  
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• Paris Saint-Germain to Offer Tokenized Voting Platform to Fans

  11-09-2018 23:00 via newsbtc.com
  Leading French professional football club Paris Saint-Germain (PSG) has partnered with blockchain startup Socios.com to enrich the club’s interaction with its fans through a tokenized voting platform. The current French Ligue 1 champions joined the project as part of a broader strategy to integrate distributed ledger technology in business operations and relationship with fans.
  PSG Partners With Socios As Part of Broader Strategy
  PSG fans will be given a direct voice in some of t
  
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• NAGA VIRTUAL: New Opportunities in the Virtual Goods Market

  11-09-2018 22:42 via newsbtc.com
  In August 2018, gamers met in Cologne, Germany, for one of the largest gaming events in the industry – Gamescom. The fair hosted a perfect mix of renowned game studios, publishers, gamers and enthusiasts from around the world, all interacting freely with each other. Some of the notable entities participating in the event included the likes of Nintendo, Microsoft, and Sony.
  The Gamescom event is the ideal place for gaming companies to make announcements about new releases, check out the lat
  
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• Crypto Exchanges Resort to Unorthodox Methods Amid Bear Market

  11-09-2018 22:00 via newsbtc.com
  A side effect of plummeting cryptocurrency prices is that crypto exchanges such as Binance, Bitfinex, OKEx, and many others are seeing trading volumes drop considerably, and with it, the revenue these companies derive from the trading fees associated with each transaction an investor makes. In an effort to continue to drive strong revenue numbers and maintain market share gained during the 2017 cryptocurrency market bull run, many exchanges have turned to unorthodox business practices in order t
  
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• Tezos Price Nears 12% Spike on a Bearish Day for Crypto Markets

  11-09-2018 21:56
  Tezos on Tuesday appreciated 12 percent against the US Dollar, recovering from the long bearish correction from September 10. XTZ/USD opened today while trading at 1.270-fiat on Gate.io exchange. The pair continued its corrective phase in the early Asian trading hours and formed lower lows towards 1.256. As the session matured, bulls and bears were
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• NY Approves Stablecoins Gemini Dollar and Paxos Standard Token

  11-09-2018 21:39 via feedproxy.google.com
  
  The New York Department of Financial Services (NYDFS) has authorized Gemini Trust Company LLC, the cryptocurrency exchange platform founded by the Winklevoss brothers, and Paxos Trust Company LLC, formerly itBit, to offer a price-stable cryptocurrency pegged to the US dollar. Commonly known as stablecoins, these aim to offer a liquid, digital alternative to cash that’s […]
  The post NY Approves Stablecoins Gemini Dollar and Paxos Standard Token appeared first on Coinjournal.
  
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• IMF Doesn’t Like Marshall Islands’ Plan for (Non-USD) ‘Sovereign’ Cryptocurrency

  11-09-2018 21:02
  The International Monetary Fund (IMF) has expressed misgivings about the plan to offer a national cryptocurrency by the Marshall Islands, saying that this would “increase macroeconomic and financial integrity risks, and elevate the risk of losing the last U.S. dollar correspondent banking relationship.” In February, CCN reported that the parliament of the Republic of Marshall
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• US Court Ruling: Initial Coin Offerings Covered by Securities Law

  11-09-2018 21:00 via newsbtc.com
  A new ruling by a federal judge in New York has put Initial Coin Offerings under the umbrella of securities law, in a first-of-its-kind legal case against a man charged with promoting digital currencies that were supposedly backed by non-existent real estate and diamonds.
  The case, being held in a Brooklyn, New York, court, ultimately resulted in a win for federal prosecutors, who gained Judge Raymond Dearie’s favor in both the prosecution of the defendant, Maksim Zaslavskiy, and as t
  
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• The Bank of Russia Says Its ICO Experiment Was a Success

  11-09-2018 21:00
  The Bank of Russia has successfully concluded an experiment in conducting ICOs, though questions remain as to their legality in the nation.
  
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• The CryptoInfluence Summit: Promoting Collaborations to Fuel the Mass Adoption of Blockchain Technology

  11-09-2018 20:15
  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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• The Potential of the Cryptocurrency Market – Why Giving in to FOMO Isn’t a Bad Idea

  11-09-2018 19:56
  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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• Riot Blockchain, MGT Capital CEOs Charged in $27 Million Penny Stock Scam

  11-09-2018 19:48
  Two of the blockchain hype bubble’s flagship companies now find themselves with new captains at their respective helms, after their CEOs stepped down days after being charged by U.S. regulators with perpetrating a $27 million penny stock scam. Riot Blockchain, MGT Capital CEOs Named in SEC Complaint John O’Rourke, who until this week led biotech-turned-cryptocurrency
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• Ripple and R3 Reach Agreement Over Earlier Legal Dispute

  11-09-2018 19:45 via newsbtc.com
  In a press release earlier today it has emerged that Ripple has reached an agreement with R3 over a legal dispute that dates back to 2017. The two parties appear to be trying to leave the incident in the past but are keeping most of the details confidential.
  Ripple and R3 Put Legal Battle Behind Them in Secret Agreement
  The legal dispute between Ripple and R3 began around September 2017. The disagreement arose over a deal in which Ripple offered to pay R3 a total of five billion XRP tokens at a
  
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• Blockchain App Factory Moves into Security Token Offering Development (STO)

  11-09-2018 19:39
  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 App Factory Moves into Security Token Offering Development (STO) appeared first on CCN
  
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• SEC Hits Crypto Asset Fund and 'ICO Superstore' With Penalties

  11-09-2018 18:54
  The SEC announced twin agreements with two different cryptocurrency-related companies
  
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• Recap: Crypto Exchange OKEx CEO Allegedly Arrested by Shanghai Police

  11-09-2018 18:45 via newsbtc.com
  According to a report from China’s Sina News, Star Xu, the founder of cryptocurrency exchanges OKEx and OKCoin, has been arrested by Shanghai authorities on the suspicion of committing fraud against investors. He has now been released from custody due to a lack of evidence connecting him to a potentially fraudulent cryptocurrency project taking place in Shanghai’s jurisdiction.
  Star Xu Off The Hook … For Now
  The fraud accusation against Star Xu stem from a cryptocurrency
  
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• Bitcoin Price Intraday Analysis: BTC/USD Cautious Amidst Crypto Sell-Off

  11-09-2018 18:43
  Bitcoin price on Tuesday depreciated against the US Dollar by almost 3.5 percent as the selling sentiment throughout the crypto-market continued to intensify. The BTC/USD opened today at 6389-fiat after rising from the low near 6218-fiat from the previous day. The pair couldn’t continue the upside correction right from the beginning of the today’s Asian trading
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• US Judge Rules ICO Frauds Fall Under Securities Law

  11-09-2018 18:39
  A federal judge has ruled that a criminal case against an alleged ICO fraudster will proceed to trial, saying existing securities laws apply.
  
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• Ripple, R3 Reach Settlement in Multibillion Dollar Cryptocurrency Lawsuit

  11-09-2018 17:44
  Blockchain companies Ripple and R3 have reached an undisclosed settlement on “all outstanding litigation,” putting an end to a legal spat involving a tranche of cryptocurrency tokens once worth as much as $19 billion. In a brief statement published on Monday, the San Francisco-based Ripple announced the settlement, stating that the terms would remain confidential.
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• DAEX: A Digital Assets Exchange to Guarantee Crypto Security

  11-09-2018 17:04
  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. At one point in late 2017, the cryptocurrency market was well on its way to reach a cumulative market capitalization of $1 Trillion. Several months later, even though the
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• Nasdaq Crypto Price Tool Launch Shows Mainstream Interest is Increasing

  11-09-2018 17:00 via newsbtc.com
  Reports suggest that one of the planet’s largest stock exchanges is experimenting with adding information about digital assets to its Analytics Hub. The tools that the Nasdaq are hoping to incorporate will take data from a variety of sources and will be used by investors to make trading decisions.
  Mainstream Interest in Cryptocurrency Continues to Intensify
  According to reports picked up by International Business Times, the Nasdaq stock exchange is preparing to include cryptocurrency track
  
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• Stellar Gets Another Boost With TokenSoft ICO Services Expansion

  11-09-2018 16:59
  In the latest good news for the crypto project, TokenSoft says it is launching support for token sales built on the Stellar network.
  
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• In First, FINRA Files Fraud Complaint Against Crypto Broker

  11-09-2018 16:44
  The Financial Industry Regulatory Authority (FINRA) has filed a securities fraud complaint against a cryptocurrency broker.
  
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• One of the World’s Wealthiest Football Clubs is Launching a Cryptocurrency

  11-09-2018 16:36
  French soccer giant Paris Saint-Germain football club (PSG) will launch its own cryptocurrency with a token offering  that aims to incentivize its supporters over a blockchain. The development sees a new partnership between top French Ligue 1 club, Paris Saint Germain (PSG) and blockchain company Socios.com which is based in Malta. The partnership is based
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• R3, Ripple Settle Legal Dispute Over XRP Purchase Option

  11-09-2018 16:00
  Blockchain startups Ripple and R3 have resolved a legal battle that saw both firms filing suits in the U.S. over a contract dispute.
  
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• What’s Going on With EOS? Criticism Lingers Despite Recent Success

  11-09-2018 15:49
  EOS has been one of the most hyped projects of the year. Still, some concerns about the network remain.
  
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• What’s Going on With EOS? Critcism Lingers Despite Recent Success

  11-09-2018 15:49
  EOS has been one of the most hyped projects of the year. Still, some concerns about the network remain.
  
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• ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research

  11-09-2018 15:26
  When the ethereum price crashed by nearly 50 percent during the first two weeks of August, some analysts speculated that last year’s initial coin offering (ICO) boom was to blame for the second-largest cryptocurrency’s decline. During 2017 and early 2018, cryptocurrency startups raised billions of dollars through ICOs, funds which were predominantly denominated in ether
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• UK Regulator’s Chief ‘Won’t Rule Out Roles’ for Cryptocurrencies, Warns of Risks Anyway

  11-09-2018 14:37
  The chief executive of the United Kingdom’s primary financial regulator has called for a balanced approach in nurturing the benefits while narrowing out the risks of cryptocurrencies. In a speech during the regulator’s Annual Public Meeting on Tuesday, Financial Conduct Authority (FCA) chief Andrew Bailey outlined four specifically chosen operational risks that figure within the
  The post UK Regulator’s Chief ‘Won’t Rule Out Roles’ for Cryptocurrencies, Warns o
  
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• Major French Soccer Club Plans to Launch Its Own Cryptocurrency

  11-09-2018 14:30
  French soccer club Paris Saint-Germain is planning to issue its own cryptocurrency as a way to incentivize participation from its international fans.
  
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• Chinese Crypto Startup to Offer Custody Service Amid Regulatory Turmoil

  11-09-2018 14:00 via newsbtc.com
  Long story short, China’s leading regulatory bodies have recently begun their second crusade against the propagation of crypto assets, imposing a series of harsh rules, laws and advisory messages in a bid to curb the growth of this industry. In spite of the heavy-handed regulatory moves, a Chinese cryptocurrency startup still intends to establish a secure custody service.
  InVault To Launch Crypto Custody Following $5.85M Seed Funding Round
  As divulged by a recent report from the South
  
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• Waves Swells 45% Upon Announcement of Smart Contract Protocol

  11-09-2018 13:52
  Waves token value appreciated against the US Dollar after the company announced to launch a new smart contract protocol for their blockchain. Waves’ Smart Contract Protocol Announcement Excites Bulls The WAVES/USD value on Binance rose from 1.90-fiat to as high as 2.76-fiat on the day of the announcement, amassing over 45 percent gains. The pair
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• Venezuelans Queue Up at Gas Stations as Maduro’s Latest Fintech Plan Falters

  11-09-2018 13:26
  As Venezuelan President Nicolas Maduro starts rolling out major monetary changes, citizens have hit a snag with the new point-of-sale systems at gas pumps, according to a report from Reuters. Long lines gathered at gas stations where drivers were unable to use the payment systems to purchase gas, adding to the list of infrastructure problems caused
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• Ethereum Downtrend Might Not be Over Yet, Actual ICO Sell Off Expected

  11-09-2018 13:00 via newsbtc.com
  Over the past few months, investors of ETH, the native cryptocurrency of the ever so popular Ethereum project, have had to fight off bears at every turn, as the asset has been battered by negative news and wavering sentiment on a daily basis. Although significant progress is being made for the project, ETH has recently plunged to establish a new year-to-date low under $200.
  ICOs Have Spent $30M Of ETH This Week, Still $600M To Be Spent
  As with any trending topic, the demise of ETH has been
  
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• Bitcoin Price Awaits Next Move as Trading Range Narrows

  11-09-2018 13:00
  Bitcoin is consolidating in a narrowing price range and the direction of the breakout is seen establishing the short-term trend in the cryptocurrency.
  
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• India’s Supreme Court Hears Crypto Exchanges vs. Central Bank Case Today

  11-09-2018 12:16
  India’s Supreme Court is today hosting the final hearings of the ongoing case between cryptocurrency exchanges and the central bank concerning the latter’s blanket banking ban introduced in April. The country’s foremost court is hearing petitions and the case against the circular issued by the Reserve Bank of India (RBI) in April 2018. In it, … Continued
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• New Technology Allows Drastic Rise of Blockchain Network Throughput

  11-09-2018 12:15
  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. A Silicon Valley-based project is developing a sovereign technology called Integrated Blockchain Architecture (IBA), leveraging IPFS protocol with sharding mechanisms. Splend, blockchain startup, is about to release an … Continued
  The post New Technology Allows Drastic Rise of Blockchain Network Throughput appeare
  
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• Cryptocurrency Market Update: Bitcoin Dominance Reaches New 2018 High

  11-09-2018 12:00 via newsbtc.com
  FOMO Moments
  Altcoins are still suffering; Cardano, Nem and VeChain still dumping, Emercoin and Waves rising.
  There has been virtually no movement in the crypto markets over the past 24 hours. They are still thoroughly depressed and in their worst state for over a year. Total market capitalization is still below $200 billion and close to its lowest level for 2018.
  There has been barely any action on the Bitcoin front as it remains at the same level as yesterday, $6,350. BTC is consolidating just
  
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• Bitcoin Price Stabilizes: Market Recovery Expected After Flurry of Positive News

  11-09-2018 11:36
  Bitcoin has found stability in the low range of $6,300 to $6,400, demonstrating decent volume at around $3.8 billion and pushing its dominance index to 56.1 percent. Well performing tokens including WanChain, VeChain, Decentraland, and Waltonchain have recorded large losses against the US dollar in the range of 5 to 10 percent, mostly likely due … Continued
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• IMF Advises Against Crypto as Legal Tender in Marshall Islands Report

  11-09-2018 11:30
  The IMF says the Republic of the Marshall Islands should reconsider introducing a cryptocurrency as a second legal tender over perceived risks.
  
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• Ethereum Faces Tough Competition As Price & Usage Decline

  11-09-2018 11:00 via crypto-news.net
  Last week Ethereum’s price fell below $200 for the first time since July, 2017. It has since slightly recovered, but it remains more than eighty-five percent below its all-time high of $1,440 this past January. This current price is a stark contrast to last Summer, when many cryptocurrency analysts predicted that Ethereum was due to overtake Bitcoin as the most valued, and most active, blockchain platform. Although Ethereum remains the top altcoin by market capitalization, and is by-far th
  
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• Bitcoin Price Watch: BTC/USD Approaching Next Key Break

  11-09-2018 10:48 via newsbtc.com
  Key PointsBitcoin price is preparing for the next move with resistances near $6,385 and $6,530 against the US Dollar.
  Yesterday’s highlighted major breakout pattern is still active with resistance at $6,385 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair is likely to make the next move either above $6,400 or below $6,240 in the near term.Bitcoin price remained confined in a range above $6,240 against the US Dollar. BTC/USD could recover to $6,530 if it breaks the
  
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• S.Korea’s Central Bank Sweats Over ‘Kimchi Premium’ in Cryptocurrency Prices

  11-09-2018 10:38
  While South Korea’s government policies have largely nullified the so-called ‘Kimchi Premium’ in cryptocurrency prices, the country’s central bank has called for continued monitoring into markets. Officials at the Bank of Korea (BOK), the country’s central bank, have called for continued vigilance into South Korean crypto trading markets in an attempt to keep a lid
  The post S.Korea’s Central Bank Sweats Over ‘Kimchi Premium’ in Cryptocurrency Price
  
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• How Bitcoin ETF, Bakkt, Citigroup Custody Will Determine Future of Crypto Price

  11-09-2018 10:30 via newsbtc.com
  The cryptocurrency markets are relatively flat, with most of the major cryptocurrency prices including Bitcoin trading up or down less than 1% on a 24-hour chart. Regardless of the current stability, there are some major events around the corner that will likely result in major volatility.
  The current stability is following a massive price decline, where Bitcoin fell from its weekly highs of just under $7,400 to its weekly low of around $6,000. As usual, this decline resulted in a significant dr
  
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• Ethereum's ASIC Rebellion Heats Up With New Effort to Brick Big Miners

  11-09-2018 10:00
  Miners are discussing whether they can get a hardware change added to remove ASICs from an upcoming ethereum software update.
  
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• Ethereum Classic Price Analysis: ETC/USD Is Likely To Recover To $12.20

  11-09-2018 10:00 via newsbtc.com
  Key HighlightsEthereum classic price extended declines and tested $10.60 before recovering against the US dollar.
  There was a break above a key bearish trend line with resistance at $11.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  The pair is showing a few positive signs and it could continue to move higher towards $12.00 or $12.20.Ethereum classic price is slowly recovering against the US Dollar and Bitcoin. ETC/USD may gain traction for a move towards the $12.20 level.
  Et
  
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• Crypto Exchanges are Evading China’s Ban by Changing Domain Names

  11-09-2018 09:12
  Despite the rise in control measures over cryptocurrency trading, observers are almost certain that Chinese investors will continually skirt the ban, which makes it nearly impossible for authorities to shut down trading entirely, per reports from the South China Morning Post (SCMP.) SCMP references an earlier story published on the Shanghai Securities Times which reported
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