Cryptocurrency news

• Bitcoin Severely Oversold, Various Technical Factors Suggest

  15-09-2018 22:40
  Williams %R, a technical analysis oscillator that demonstrates oversold or overbought conditions of an asset, is demonstrating highly oversold conditions for Bitcoin. As Olga Kharif at Bloomberg reported, the Williams Percent Range (WPR) of Bitcoin is hovering at around -83 percent. In WPR, -80 to -100 percent is considered oversold and -0 to -20 percent
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• ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity

  15-09-2018 22:30 via newsbtc.com
  The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi.
  He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union.
  ECB Studies Potential Issuance of Central Bank Digital Currency
  In a letter sent to Mr. Jonás Fernández, Member of the European Parliament, ECB President Mario Draghi said the central bank is a
  
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• Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

  15-09-2018 21:35
  Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering (ICO), Brazil’s Avaí Football Club has come up with a similar plan. Announced Wednesday, Avaí FC has partnered with blockchain-based sports investment ecosystem SportyCo and football investment platform Blackbridge Sports to raise funds worldwide through the ICO,
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• Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million

  15-09-2018 20:45 via newsbtc.com
  The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes as the U.S. government and regulatory agencies step up their crackdown on cryptocurrency-related fraud.
  A District Court Judge in Connecticut sentenced 33-year-old Josh Garza to a 21-month prison sentence followed by six months of house arrest for his
  
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• John McAfee Told His Followers to ‘Flood’ the SEC’s Inbox. It Didn’t Go Well.

  15-09-2018 20:25
  This is why we can’t have nice things. A few months ago, cybersecurity pioneer and noted provocateur John McAfee took to Twitter to implore his followers to “flood” Securities and Exchange Commission (SEC) Chairman Jay Clayton’s office with emails and calls. McAfee wanted them to demand that Clayton — to whom he affectionately referred as
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• Opinion: The State of Ethereum

  15-09-2018 19:08
  On my latest couple of articles I’ve been kind of focused on Bitcoin and its underlying technology, the blockchain. I discussed the lightning network, why I see Bitcoin as the King of Kings and, of course, why so many people mistake blockchain for DLTs. It’s time to take these articles one step further and look
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• Bitcoin Price Intraday Analysis: BTC/USD Upside Held Near $6500

  15-09-2018 17:26
  Bitcoin on Saturday crossed above the $6,500-mark but lacked further upside momentum near the psychological resistance. The BTC/USD kickstarted the day forming higher lows towards 6475-fiat. The Asian trading session witnessed consolidated action within a narrow range defined by 6520-fiat to the upside and 6477-fiat to the downside. A breakout action appeared only during the early European … Continued
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• Bitcoin Hashpower Doubled Since May Despite 70% Correction

  15-09-2018 16:24
  Fundstrat, a Wall Street-based investment firm led by Tom Lee, reported that the hashpower of Bitcoin has doubled since May. “Despite BTC bear market, hashpower doubled since May to 57 EH/s – Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18. Breakeven now $7300 ($5300 cash … Continued
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• Aenco—A Blockchain Game-Changer

  15-09-2018 16:24
  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 … Continued
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• PowerFans Boxing-Star Meeting Successfully Held in Wanzhou, Chongqing

  15-09-2018 16:12
  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 … Continued
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• SRAX Declares Right to Receive BIGToken Security and Sets Record Date for September 17, 2018

  15-09-2018 15:58
  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 … Continued
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• Crypto Transparency: Aidos (ADK) in First-of-its-Kind Free Share Offer to Exchanges

  15-09-2018 15:52
  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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• SportsCastr Expands to MMA with Exclusive Friday Night Fights Streaming Deal

  15-09-2018 15:49
  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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• ICO Funding Retreats To $300 Million: Is The Bloom Off The Rose?

  15-09-2018 15:11
  Is the ICO bloom falling off of its rose? ICO funding has fallen to just over $300 million, taking it to where it was in May of 2017, researcher Autonomous Next reported. The fall in the crypto market’s capitalization could be pushing the trend, particularly Ethereum, the foundational platform for a large number of ICOs.
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• Plus Token and WBF Jointly Started the Global Startup Conference, the First Stop in South Korea Was Grandly Held.

  15-09-2018 14:57
  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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• XMAX Releases XToken, their First Exclusive Blockchain Payments Wallet

  15-09-2018 14:52
  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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• Firefox, Brave Browser Creator: We HODL Crypto, Not Affected by Bear Market

  15-09-2018 14:22 via newsbtc.com
  The creator of Brave Browser, Firefox, and the JavaScript programming language Brendan Each recently invited crypto research firm the London Letter to Brave Software’s downtown San Francisco headquarters for an interview. In the candid interview, Eich discusses a number of topics, including the Brave Browser, its native cryptocurrency token Basic Attention Token (BAT), how smart investors “HODL” during bear markets, and what might happen if the Ethereum blockchain BAT is built
  
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• Is Crypto Market Bottoming Out? Bitcoin Shows Stability at $6,500

  15-09-2018 13:48
  Earlier this week, the crypto market seemed to be initiating a strong corrective rally, as Bitcoin breezed past $6,500. However, in the past 24 hours, the crypto market demonstrated a slight decline in value from $204 billion to $198 billion, as small market cap cryptocurrencies and tokens struggled to maintain momentum. While the crypto market
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• Cryptocurrency Market Update: Tezos Jumps 25% as Mainnet Launch Looms

  15-09-2018 12:00 via newsbtc.com
  FOMO Moments
  Markets are pretty flat this Saturday; Tezos, Monero, and Nano are having a good start to the weekend.
  Crypto markets have remained steady as we enter the weekend. No more gains have been made but they haven’t dumped again either. Total market capitalization has remained above $200 billion for the time being.
  Bitcoin has not moved in 24 hours and is still trading at $6,530. It could go back up to $6,600 and either bounce off the resistance level or make a break out. Technical
  
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• Coinbase's New NYC Office to Hire 100 in Wall Street Crypto Push

  15-09-2018 12:00
  Crypto industry unicorn Coinbase has aggressive growth plans for its newly opened New York office, which caters to institutional clients.
  
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• BMW Partners Blockchain Startup to Develop Customer Lending Solution

  15-09-2018 11:58
  BMW Group financial services has announced its partnership with blockchain startup Bloom in a bid to streamline its customer journey and user experience, per a Medium post. Bloom helps to make the traditional lending process easier hence helping to reduce the risk that consumer data is exposed to. Individuals can secure their data on their
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• Grin Is Hard Forking Every Six Months to Keep ASICs Off the Network

  15-09-2018 11:15
  Amid crypto's war on ASICs, the Grin community is taking a new approach – shut them out for a limited time with consistent hard forks.
  
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• Blockchain Firms Create Lobby Group in Washington, D.C.

  15-09-2018 11:00 via crypto-news.net
  Some of the largest groups in the blockchain space have organized a lobby group in Washington, D.C. This group, named the Blockchain Association, is a registered non-profit and seeks to be a unified voice for blockchain interests. Members of the organization include Coinbase and Circle, as well as a number of private investment groups.Although a myriad of blockchain-based interest groups exist, this is the first fully-fledged organization designed to exert political influence. More specifically,
  
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• Bitcoin Hit $20k in 2017 Without Institutions, What’s Next in 2019?

  15-09-2018 10:30 via newsbtc.com
  Despite an overwhelming sense of bearishness in both the sentiment surrounding bitcoin and the price itself, there are many developments set to occur in the next 18 months that could kick off another bull run. Improvements to the bitcoin infrastructure seem to be happening at a pace never before seen in the space. However, the price has not responded to the fundamentals… Yet.
  Last Time the Bulls Ran, This Time We’re Looking at a Stampede
  There is no doubt about it, 2018 has been som
  
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• Hackers Steal $200,000 Worth of EOS, dApp Had Smart Contract Flaw

  15-09-2018 08:55 via newsbtc.com
  A gambling application that is based on the EOS blockchain has had a flaw in its smart contract system exploited. Hackers were able to make off with $200,000 worth of EOS due to the vulnerability.
  EOSBet Taken Offline Following Security Breach
  Those behind today’s attack exploited a weakness in one of the EOSBet platform’s smart contracts. Following the incident, the service was taken offline whilst developers tried to pinpoint exactly how such an attack was possible.
  According to a
  
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• Cardano Price Analysis: Cardano Buyers Accumulate

  15-09-2018 04:00 via newsbtc.com
  There are low time frame recoveries but it looks likely that our previous Cardano price analysis and subsequent price predictions remain true. This is despite the flurry of positive price boosting Cardano news which should naturally lift prices above it’s all-time-lows and main support at 7 cents. If anything, Cardano has a bearish outlook that’s unless there is a high-volume break and close above 7 cents later today.
  Latest Cardano News
  It’s true that there is a positive corre
  
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• Abra Adds Native Bitcoin Cash Support, Wins Roger Ver’s Praise

  15-09-2018 03:15
  Abra, a mobile cryptocurrency investing app, has added native bitcoin cash (BCH) support, allowing users to deposit and withdraw BCH directly, Abra announced on its website. Anyone who held BCH in Abra previously can now withdraw it to a hardware wallet or use it to make a payment on a merchant site. The app also
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• Stellar Lumens, EOS, Litecoin, Tron, IOTA Price Analysis: Morning Star Bull Reversal pattern Clear in Litecoin, Tron

  15-09-2018 02:02 via newsbtc.com
  The altcoin market is stabilizing and poised to add more over the weekend due to specific candlestick formations in EOS, Litecoin, IOTA and Tron. That’s on top of favorable altcoins news that continues to trickle. Of all the coins under our review, Stellar Lumens price is slow to pick up and still trading below 25 cents. However, the general shift in momentum could aid thrust altcoin prices back towards profitability in the short to medium term.
  Let’s have a look at these charts:
  EOS
  
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• Crypto Firm Adds Two Nobel Winning Economists to Advisory Board

  15-09-2018 01:59
  Cryptic Labs, a commercial blockchain research lab has announced the addition of two Economics Nobel Prize winners to its team. Dr. Eric S. Maskin and Sir Christopher Pissarides will provide their unique insights on incentive mechanisms, game theory and macro-economic policies to its Economics Advisory Board. Research Portfolios and New Roles Dr. Maskin, the Adams
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• Gemini Can Freeze its USD-Pegged Cryptocurrency at Any Time: Researcher

  15-09-2018 01:17
  Much has been made in recent days about how Gemini dollar (GUSD), a USD-pegged stablecoin created by the Winklevoss-founded Gemini cryptocurrency exchange, can help regularize cryptocurrency as a mainstream asset class. However, decentralization hardliners may be dismayed by the details of this grand bargain. GUSD Smart Contract Gives Gemini Broad Control Writing on tech publication
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