Cryptocurrency news

• Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over

  01-10-2018 23:45
  On Sept. 12, Ethereum (ETH) dipped below the $170 mark, dropping to $166 to hit its lowest point of the year. Since then, within a 30-day period, ETH has shown promising recovery in its volume and momentum, rebounding from $166 to $230. Last week, on Sept. 23, the Ethereum price achieved $255. Worst Part of
  The post Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over appeared first on CCN
  
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• Successful ICO Roundup – Last Week of September

  01-10-2018 23:00 via crypto-news.net
  September has come to an end, and with that, the last of our ICO roundup articles is now live. What a month it’s been! Regardless of the fact that people are saying that it’s a bearish market a total of $128.463.682 was raised in the first three weeks of September.
  This week (and a couple of days) the total amount raised is $28.393.531, bringing the total to a whopping ~$157 million. Of course, this is nothing compared to EOS, but EOS is the exception in this marketplace.
  The ra
  
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• Deloitte: Five Areas Can Help Overcome Barriers to Blockchain Adoption

  01-10-2018 23:00 via newsbtc.com
  A report authored by three Deloitte analysts explains the barriers to blockchain adoption and how the “five vectors of progress” may help companies lower the cost and risk of deploying and exploring the technology.
  Deloitte Report Analyzes Falling Barriers to Widespread Adoption of Blockchain
  As a means of processing transactions, blockchain-based systems have been comparatively slow.
  Consequently, only nine percent of CIOs said their organization has either implemented blockchain-re
  
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• Block.one Vows to Use its EOS Tokens to Prevent Voting Cartels

  01-10-2018 22:40
  When cryptocurrency development firm Block.one concluded its initial coin offering (ICO) and released the first version of the EOSIO software, it didn’t just raise a record ~$4 billion in crowdfunded contributions — it also received 100 million of the 1 billion EOS tokens distributed through the network’s Genesis block. Now, the well-funded blockchain startup is
  The post Block.one Vows to Use its EOS Tokens to Prevent Voting Cartels appeared first on CCN
  
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• Ripple's cryptocurrency product goes live for the first time with three financial firms - CNBC

  01-10-2018 22:01 via cnbc.com
  CNBC
  Ripple's cryptocurrency product goes live for the first time with three financial firms
  CNBC
  Ripple's cryptocurrency product for cross-border payments will go live for the first time with three financial institutions. The San-Francisco-based financial technology firm said Monday that xRapid, which uses the cryptocurrency XRP to carry out ...
  Ripple Debuts XRP-Based Cryptocurrency Product for International PaymentsFortune
  Ripple price latest: XRP struggles despite xRapid cryptocurrency prod
  
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• Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

  01-10-2018 22:00
  During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.
  
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• Industry Insiders: Institutional Money is Steadily Trickling into Crypto

  01-10-2018 22:00 via newsbtc.com
  According to multiple sources, there is already much more institutional money in the $220 billion strong cryptocurrency market that people might be aware of.
  Growth in OTC Trading Highlights Shift from the Retail to the Institutional
  The largest buyers of crypto were high-net-worth individuals who willing to take a risk on Bitcoin and other digital assets.
  Now the majority of $100,000 and above sales are hedge funds making private transactions at over-the-counter (OTC) brokerages. This revelatio
  
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• How Can Andreessen Horowitz Profit From its $15m Investment in a Stablecoin?

  01-10-2018 21:32
  On September 25, CCN reported that prominent venture capital firm Andreessen Horowitz invested $15 million in a stablecoin network called Maker. Stablecoin is a cryptocurrency whose value remains stable by being hedged to the price of reserve currencies like the US dollar. Hence, Dai, the stablecoin of the Maker ecosystem, will always represent $1, regardless
  The post How Can Andreessen Horowitz Profit From its $15m Investment in a Stablecoin? appeared first on CCN
  
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• Bill Clinton: Over-Regulation Could Kill Blockchain's 'Golden Goose'

  01-10-2018 21:10
  Former U.S. President Bill Clinton highlighted the need to avoid too much regulation of new technologies like blockchain on Monday.
  
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• Bitcoin on the Verge of Global Institution-Driven FOMO Rally, Says deVere CEO

  01-10-2018 21:00 via newsbtc.com
  Despite cryptocurrencies continuing to struggle throughout 2018, one finance executive thinks that a “global” FOMO rally is close to occurring.
  Bitcoin on the Verge of “Global Breakout,” Rally Driven by FOMO
  After experiencing a year-long bull market in 2017, irrational exuberance surrounding Bitcoin and other cryptocurrencies peaked in late December, and the emerging asset class has since struggled to reach new highs in the face of an ongoing nine-month-long downtrend an
  
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• Alleged Bitcoin Launderer Alexander Vinnik Questioned by French Investigators, Lawyer Says Charges are ‘Trumped up’

  01-10-2018 20:26
  The legal saga surrounding alleged bitcoin launderer Alexander Vinnik continues to grow more complicated, as law enforcement officials in three separate countries jockey for the authorization to extradite the alleged BTC-e administrator from Greece, where is currently in local police custody. Russian state-operated news service TASS reports that French investigators questioned Vinnik on Monday in … Continued
  The post Alleged Bitcoin Launderer Alexander Vinnik Questioned by French Investig
  
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• Bitcoin Price Ends September At Lowest Volatility in 15 Months

  01-10-2018 20:21
  Bitcoin (BTC) traded in a $1,329 range in September, recording its least volatile month since July of 2017.
  
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• MINtokens Announces Its Token Sale

  01-10-2018 20:04
  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
  The post MINtokens Announces Its Token Sale appeared first on CCN
  
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• Charting Expert: Bitcoin Technical Damage Will Take Months to Repair

  01-10-2018 20:00 via newsbtc.com
  Price analysts and charting experts are conflicted as to whether or not the recent price rise and persisting stability for Bitcoin and the general cryptocurrency markets signals growing strength or represents the calm before the storm.
  One charting expert believes that the technical damage done to Bitcoin over the past nine months will take several more months to repair, and that the markets aren’t ready for a rebound quite yet.
  At the time of writing, Bitcoin’s price was flat, tradi
  
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• Aranium Is What Happens When Private Equity Meets Blockchain

  01-10-2018 19:58
  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
  The post Aranium Is What Happens When Private Equity Meets Blockchain appeared first on CCN
  
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• Bitcoin Price Intraday Analysis: BTC/USD Supported at $6,500

  01-10-2018 19:29
  Bitcoin started this week on a bearish note, depreciating more than 2 percent against the US Dollar on a low-volumed Monday. BTC/USD is undergoing a reversal from its previous week’s high near 6828-fiat. The pair initially formed lower lows below 6500-fiat, but later reclaimed the level as support in an upside correction phase. Even today, … Continued
  The post Bitcoin Price Intraday Analysis: BTC/USD Supported at $6,500 appeared first on CCN
  
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• Two of Blockchain's Biggest Consortiums Just Joined Forces

  01-10-2018 19:00
  The Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate on bringing common standards to the blockchain space.
  
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• Mofiler, the First Decentralized Platform for Developers to Monetize Their Ideas

  01-10-2018 18:25
  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 group of innovators observed that the world of applications needed a platform that allowed users to monetize them for developers. They thought that sharing data that users
  The post Mofiler, the First Decentralized Platform for Developers to Monetize Their Ideas appeared first on CCN
  
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• Kill Switch Engage: Sia Cryptocurrency to Block Bitmain and Other Big Miners

  01-10-2018 18:00
  After months of debate, Siacoin's founder is announcing a fork. That's good news for his other project, which will have the coin's only working ASICs.
  
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• Fraud, Fake Partnerships and a Past Revealed: The Shopin Story

  01-10-2018 17:52 via feedproxy.google.com
  
  The pilot program that Shopin claimed to have with Bed, Bath and Beyond appears to have never existed. We reported on an alleged syndicate hack of the Shopin ICO last month. In that article we questioned why Shopin was being less than transparent about the situation but for the most part assumed that the hack […]
  The post Fraud, Fake Partnerships and a Past Revealed: The Shopin Story appeared first on Coinjournal.
  
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• Ethereum Startup Parity Adds Casper Code to Custom Blockchain Toolbox

  01-10-2018 17:30
  Parity Technologies has added an early version of ethereum's hotly anticipated Casper code change to its blockchain development platform, Substrate.
  
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• Ethereum Price Decline Hasn’t Hurt ICO-Funded Startups: BitMEX Research

  01-10-2018 17:20
  With the ethereum price sitting more than 80 percent below its all-time high in mid-September, the conventional wisdom said that startups who had raised funds through initial coin offerings (ICOs) were likely driving the sell-off. ICOs, after all, had been conducted almost entirely using ETH, leaving hundreds of startups sitting on a steadily-depreciating asset. The
  The post Ethereum Price Decline Hasn’t Hurt ICO-Funded Startups: BitMEX Research appeared first on CCN
  
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• ConsenSys Invests $6.5 Million in Former R3 Exec's Blockchain Startup

  01-10-2018 16:34
  ConsenSys invested $6.5 million into DrumG, the blockchain startup founded by former R3 official Tim Grant.
  
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• September Cryptocurrency Review: A Miserable Month For Altcoins

  01-10-2018 16:30 via newsbtc.com
  Ethereum, EOS, Cardano and Iota got smashed while XRP, Stellar, Tezos and Dogecoin survived the big dip.
  September has not been a good month for crypto markets. Following the huge rout in August things got worse and new lows were reached once again. September 12 marked the lowest point for 2018 and well over a year for many cryptocurrencies. Total market capitalization fell to $186 billion, 77% down from its all-time high.
  Over the course of the months markets fell by 3.5% to end it at $222 bill
  
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• Bitcoin Trading Volumes in Hyperinflation-Struck Venezuela Hits Record Highs

  01-10-2018 16:13
  As the economic crisis in Venezuela worsens leading to a growing exodus of citizens out of the country, the demand for bitcoin and other cryptocurrencies has exploded. According to Coin Dance, Venezuelans traded bitcoins worth nearly 300 million bolivars last week and the record could be broken again as so far this week bitcoin worth
  The post Bitcoin Trading Volumes in Hyperinflation-Struck Venezuela Hits Record Highs appeared first on CCN
  
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• Ripple (XRP) Gains 67% to Become September’s Best Performing Coin

  01-10-2018 15:58
  When Bitcoin began crashing from its all-time highs in late 2017, it sent shockwaves across the cryptocurrency industry, helping lead the crypto economy into a spiral of depression. Ripple was among the worst-hit assets as crypto-demand plunged. The XRP value depreciated more than 90 percent against the US Dollar this year. It was not that
  The post Ripple (XRP) Gains 67% to Become September’s Best Performing Coin appeared first on CCN
  
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• A Heart Beat: China’s Oldest Tech Publication to Accept Bitcoin Payments

  01-10-2018 15:44
  Beijing Sci-Tech Report (BSTR), the oldest technology publication in China, has recently announced that it will soon accept Bitcoin on its platform. Starting 2019, BSTR will sell its yearly subscription at a price of 0.01 BTC, worth around $65. In an official press release, the publication emphasized that it plans to promote the usage of
  The post A Heart Beat: China’s Oldest Tech Publication to Accept Bitcoin Payments appeared first on CCN
  
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• Most ICOs Didn't Take Funding Hit Despite Ether Price Decline: Research

  01-10-2018 15:40
  Despite the big drops in ether prices since late last year, ICO projects haven't lost money on average, according to new research from BitMEX.
  
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• Exclusive: Interview With Digitex’ Adam Todd

  01-10-2018 15:40 via newsbtc.com
  This week NewsBTC spoke to Adam Todd the founder and CEO of Digitex Futures Exchange.Q: At only 19 years of age you started out as a pit-trader on the London International Financial Futures & Options Exchange. You were also one of Betfair’s most successful sports traders. You went without a losing day during eight months of full-time trading. So, what sort of advice do you have for traders in the crypto community today?
  A: The biggest secret I always discovered was the shorter time tha
  
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• Research Reveals Interesting Results On ICO Related Ethereum Price Swings

  01-10-2018 15:30 via newsbtc.com
  A new report released by BitMEX has brought interesting conclusions about Ethereum balance of different ICO projects. The analysis of data belonging to 222 projects was done in cooperation with TokenAnalyst. Yet, the results show that treasury accounts of these ICO projects may not have been as exposed to Etherum’s price shifts as it was believed.
  BitMEX analysis was performed to determine how much gains and losses did these projects suffer during Ethereum price changes. However, the resul
  
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• Shanghai Court Rules Ethereum is Protected Under Property Laws

  01-10-2018 14:57
  Shanghai Hongkou District Court has declared that Ether is protected as “general property” by law. The statement was a result of an unjust enrichment case filed by a tech company in Beijing. In September 2017, crypto companies in China started closing their doors after China banned ICOs and crypto exchanges. Caught in the middle of the
  The post Shanghai Court Rules Ethereum is Protected Under Property Laws appeared first on CCN
  
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• Tron (TRX) Network Launches Its First Crypto Game

  01-10-2018 14:30 via newsbtc.com
  The moment that a lot of TRON (TRX) enthusiasts have been waiting for has finally arrived. A new announcement by TRON’s creator, Justin Sun, states that the first idle blockchain game in the world will be launched on the TRON network.
  Magic Academy – First Tron-Based Game in the World
  The game is called Magic Academy, and it is the product of BitGuild. This is the company that aims to redefine the way players interact with their games, other players, as well as game’s developer
  
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• Malta's Prime Minister Hails Crypto as 'Future of Money' in UN Speech

  01-10-2018 14:01
  Malta's prime minister, Joseph Muscat, has told the U.N. that cryptocurrencies are "the inevitable future of money."
  
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• Bitcoin Price Stabilizes at $6,550, Analysts Optimistic About Stellar Breakout

  01-10-2018 13:49
  Over the past 24 hours, the Bitcoin price has stabilized in the mid-$6,000 region. BTC eyed a breakout at a major resistance level at $6,800, but has slightly declined to the range of $6,550 to $6,600. Most major cryptocurrencies including Ethereum (ETH), Ripple (XRP), and EOS have recorded fairly large losses in the range of
  The post Bitcoin Price Stabilizes at $6,550, Analysts Optimistic About Stellar Breakout appeared first on CCN
  
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• Meet Blockchain Report, The Crypto Show For Millennials

  01-10-2018 13:30 via newsbtc.com
  Due to the relative complexity of blockchain technologies and crypto assets, nearly every single person in this industry today likely had trouble understanding this technology when they first stepped foot in the cryptosphere. Although this issue is rapidly changing, some optimists believe that easy-to-digest, accessible crypto education resources can’t come fast enough.
  Digital Multimedia Legend And Crypto Startup Tackle Education Scene
  Crypto is inherently digital, as an internet-connecte
  
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• Sign Emerges That Falling Bitcoin Price Just Might Have a Floor

  01-10-2018 13:00
  A long-term indicator looks to have been shoring up bitcoin's price over the last four months.
  
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• Ripple Eyes Mainstream Expansion as Swell Event Goes Live Today

  01-10-2018 13:00 via newsbtc.com
  Some of the world’s leading experts on finance, technology, and even politics, are flying to San Francisco today to attend a two-day blockchain event hosted by Ripple.
  A Swell Lineup Expected
  Swell, organized by Ripple Labs, will see attendance on stage from former US president Bill Clinton and veterans from payment and technology sector, including Banco Santander, IMF, Alitheia Capital, InstaReM, Siam Commercial Bank, and eBay. Clinton will give a vital keynote that co
  
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• All-in On Crypto: Internet Giant LINE To Launch 5 DApps, Two Altcoins

  01-10-2018 12:30 via newsbtc.com
  It goes without saying that the crypto industry is built on and by its users, but a majority of the world’s population have yet to interact with blockchain technology, and subsequently, cryptocurrencies. However, one of the largest social media giants on the globe intends to amend this problem, recently launching a series of protocols, platforms, and systems that will undoubtedly bring this up and coming technology to the mainstream.
  LINE Goes All Out On Crypto, Worldwide Adoption Incoming
  
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• Art Exhibit in France Celebrates Bitcoin’s 10th Anniversary with a Treasure Hunt

  01-10-2018 12:17
  With the release of Bitcoin’s whitepaper approaching its 10 year anniversary on October 31, artists from around the world are celebrating by hosting an art exhibition in France. Open to the public on September 28, the Bitcoin Art (r)evolution exhibit runs until 8 October 5 in Paris, a city known for being the “City of Art”
  The post Art Exhibit in France Celebrates Bitcoin’s 10th Anniversary with a Treasure Hunt appeared first on CCN
  
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• Opera Browser Operator to Explore New Applications of Blockchain

  01-10-2018 12:00
  Opera, which built a crypto wallet into its browser, is partnering with blockchain advisory firm Ledger Capital to further explore blockchain tech.
  
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• Bitcoin Price Watch: BTC/USD Primed for More Gains

  01-10-2018 11:28 via newsbtc.com
  Key PointsBitcoin price is placed well above the $6,440 support level against the US Dollar.
  There is a crucial bullish trend line formed with support at $6,540 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair is likely to break the $6,625 and $6,665 resistance levels to trade further higher.Bitcoin price is trading above key supports against the US Dollar. BTC/USD needs to clear the $6,665 resistance to revisit $6,800 and $6,850.
  Bitcoin Price Analysis
  There was a sharp
  
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• India’s Central Bank Did Not Establish Blockchain, Cryptocurrency Unit: Report

  01-10-2018 11:02
  The Reserve Bank of India has denied the creation of a new internal unit dedicated to cryptocurrency, blockchain and artificial intelligence (AI) research. In late August, India’s most-popular financial daily, the Economic Times, reported that the Reserve Bank of India (RBI) had formed a new unit for researching and even regulating disruptive technologies like blockchain.
  The post India’s Central Bank Did Not Establish Blockchain, Cryptocurrency Unit: Report appeared first on CCN
  
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• A Bitcoin Mining Moratorium Was Just Avoided in Montana

  01-10-2018 11:00
  Officials in Missoula County, Montana, will investigate regulations around bitcoin mining despite local demands for a moratorium.
  
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• Cardano Price Analysis: ADA/USD Could Correct To $0.08 Before Higher

  01-10-2018 10:28 via newsbtc.com
  Key HighlightsADA price is trading above the $0.0840 support and the 100 hourly SMA against the US Dollar (tethered).
  There is a major bullish trend line formed with support at $0.0840 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair could correct lower in the short term towards $0.0800 before buyers appear.Cardano price is trading in a bullish zone against the US Dollar and Bitcoin. ADA/USD is likely to trade above $0.0900 after a minor downside correction.
  Cardano Pric
  
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• Hong Kong Activates ‘Faster Payment System’ with 450,000 Public Registrations

  01-10-2018 10:11
  Hong Kong has become the latest nation to introduce a 24×7, instant payments system as a fintech upgrade for retail payments in the country. Aptly dubbed the Faster Payment System (FPS), the initiative was first announced by the Hong Kong Monetary Authority (HKMA) – the country’s defacto central bank – two weeks ago. The new
  The post Hong Kong Activates ‘Faster Payment System’ with 450,000 Public Registrations appeared first on CCN
  
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• Global Revenue from Rare Crystallized Metal Producer Shared to OiCOiN Token Holders

  01-10-2018 10:11
  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 Global Revenue from Rare Crystallized Metal Producer Shared to OiCOiN Token Holders appeared first on CCN
  
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• Up 80%: XRP's September Wasn't Just Bullish, It Was Record-Setting

  01-10-2018 10:00
  XRP broke records in September and was the best performer out of the world's 25 largest cryptocurrencies.
  
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• Ripple Price Analysis: XRP/USD Dips Remain Supported Near $0.5550

  01-10-2018 09:30 via newsbtc.com
  Key HighlightsRipple price gained traction and traded above the $0.6000 resistance against the US dollar.
  There is a key bullish trend line in place with support at $0.5555 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair could correct lower, but dips towards $0.5500 and $0.5400 remains supported.Ripple price is trading with a bullish angle against the US Dollar and Bitcoin. XRP/USD is likely to resume upsides above $0.6000 after a short-term downside correction.
  Rippl
  
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• Google Fraud Fighter Explains Risks Involved in Boasting About Owning Bitcoin

  01-10-2018 08:54
  People need to rethink before bragging about owning a lot of bitcoin in a public forum, as this might give way for scammers to target them, says a Google executive, who fights email frauds and abuses. Speaking to CNBC, Mark Risher said that there has been an increase in attacks against people who hold cryptocurrencies in
  The post Google Fraud Fighter Explains Risks Involved in Boasting About Owning Bitcoin appeared first on CCN
  
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• Ethereum Price Analysis: ETH/USD Buyers In Control Above $223

  01-10-2018 08:30 via newsbtc.com
  Key HighlightsETH price gained traction and moved above the $230 resistance against the US Dollar.
  There is a monster bullish trend line in place with support at $221 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair may continue to move higher as long as the $221 and $223 supports are intact.Ethereum price is showing bullish signs against the US Dollar and bitcoin. ETH/USD is facing resistances near the $236 and $238 levels.
  Ethereum Price Analysis
  During the past few hours, there
  
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