Cryptocurrency news

• Tether Falls, What Is Next?

  15-10-2018 23:52 via feedproxy.google.com
  
  The sky is falling in Crypto today because its biggest stable coin has lost its peg to the dollar. Tether USDT, long claimed to be backed up by millions in fiat reserves, is no longer trading at a dollar, currently sitting at $0.966. A mere three and a half cents off of its normal price […]
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• Nouriel Roubini Expands Anti-Cryptocurrency Crusade to Blockchain Technology

  15-10-2018 23:30 via newsbtc.com
  Controversial economist and professor at New York University’s Stern School of Business, Nouriel Roubini, has long been a detractor of cryptocurrencies, first warning investors against the “scam” in 2013.
  Since his widely reported tirade against the cryptocurrency, its price has risen 11x, mainly due to increased adoption and growing promise.
  Despite being undeniably wrong about cryptocurrency so far, Roubini has since doubled down on his original claims, now expanding his atta
  
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• Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally

  15-10-2018 23:30
  On October 15, the price of Bitcoin dropped to $6,150, dangerously moving closer to its $6,000 support level which it has well maintained since early August. Due to its low volume, Bitcoin struggled to demonstrate momentum in the mid $6,000 region, failing to hold $6,550, a level it had held fairly well throughout the past … Continued
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• US Congress Continues to Investigate Cryptocurrency Regulation

  15-10-2018 23:00 via crypto-news.net
  As crypto and blockchain development accelerates, US lawmakers are taking an increasing interest in understanding the technology. Recently, the Congress has begun to explore the topic in ernest, and the first crypto-related legislation has also been introduced. Although it is unlikely that major regulatory action will be taken this year, there is no doubt that congressional action on cryptocurrency is on the horizon.This past week, the Senate Committee on Banking, Housing and Urban Affairs held
  
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• Fidelity Takes Another Step into Crypto with Trading, Custody Offering

  15-10-2018 22:44
  The ventures were established to overcome barriers that have blocked institutional investment in digital assets.
  
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• Fidelity Becomes First Wall Street Firm to Launch Crypto Branch Trading Desk

  15-10-2018 22:30 via newsbtc.com
  Fidelity Investments has announced that it’s launching a new cryptocurrency trading arm, called Fidelity Digital Asset Services, that will handle cryptocurrency custody and trading for its customers.
  Fidelity Investments Announces Fidelity Digital Asset Services
  Today, Boston-based asset manager responsible for $7.2 trillion in customer assets, Fidelity Investments, revealed a separate new branch focusing on cryptocurrencies like Bitcoin and Ethereum called Fidelity Digital Asset Services.
  
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• As Tether Loses USD Peg, OKEx Will List ‘Regulated’ Cryptocurrency Stablecoins

  15-10-2018 22:25
  If tether (USDT) is truly backed by and redeemable for physical U.S. dollars stored in company-controlled bank accounts, the so-called cryptocurrency “stablecoin” should manage to weather this period of uncharacteristic volatility until arbitrage restores its USD peg. If not, we could be witnessing the unraveling of the token that sees more daily trading volume than … Continued
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• Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree

  15-10-2018 22:10
  Bitfinex says fiat and cryptocurrency withdrawals are working normally, but some users say they're seeing delays in getting their funds out.
  
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• Chinese Insurance Giant Ping An Bets on Blockchain, AI, Cloud in Fintech Push

  15-10-2018 21:48 via feedproxy.google.com
  
  Ping An Insurance, the largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, is betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push. At the firm’s Investor Day in Shenzhen last week, themed Core Finance, some of Ping An’s top executives delivered […]
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• This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto

  15-10-2018 21:00 via newsbtc.com
  After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto.
  The new bull run is being led by Bitcoin, which has managed to regain and exceed its former bottom of $6,000.
  According to the data provided by Bitfinex, BTC against Tether (USDT) exceeded $7,700. This unexpected surge in the price of Bitcoin was formed due to the drop in the price of Tether. The same situation was witnessed on several other exchanges, all of which offer Tether tradin
  
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• Bitcoin Price Intraday Analysis: BTC/USD Goes Haywire as USDT Declines

  15-10-2018 20:45
  Bitcoin on Monday pursued a fake upside action across several exchanges, mainly BitFinex, after stablecoin Tether (USDT) started falling. The BTC/USD responded to the upside action witnessed in the BTC/USDT market. USDT traders started exiting their positions amidst growing concerns about BitFinex’s insolvency and its impact on the coin’s liquidity. The more traders swapped USDT
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• CoinText Launches Service in Turkey, Argentina as Hyperinflation Increases Interest

  15-10-2018 20:30
  With the latest additions, the service is now available in 27 countries.
  
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• CoinText Launches Service in Turkey, Argentina as High Inflation Raises Interest

  15-10-2018 20:30
  With the latest additions, the service is now available in 27 countries.
  
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• Mainstream: $7.2 Trillion Asset Manager Fidelity Will Help Customers Invest in Bitcoin

  15-10-2018 20:02
  One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their multi-billion dollar portfolios. Citing proven institutional demand for cryptocurrency products, Fidelity Investments, the fifth-largest asset manager in the world with 27 million clients and $7.2 trillion in customer assets, has announced that it will
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• Barclays’ Crypto Trading Desk Put ‘on Ice’ as Competition Heats Up

  15-10-2018 20:00 via newsbtc.com
  Barclays has reportedly put plans for a cryptocurrency trading platform on pause, according to sources familiar with the matter.
  Barclays Puts Crypto Trading Project on Hold
  U.K.-based multinational bank and financial services company Barclays is said to have frozen a project that would see the firm launching a cryptocurrency trading desk, two sources “familiar with the situation” claimed.
  The “digital assets project” was being led by Barclays former global head of c
  
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• Bitfinex Premium on Bitcoin Hit $1,000 Today, Can It Affect the SEC’s Decision?

  15-10-2018 19:00 via newsbtc.com
  Bitfinex’s $1,000 premium on Bitcoin, which sent its price shooting upwards of $7,500, and Tether’s 6% drop on Monday, has created a lot of commotion in the crypto-sphere.
  The currency’s wild price swing, which was observed only on Tether-enabled cryptocurrency exchanges, has left cryptocurrency supporters speculating about the implications of this non-uniform price movement.
  The cryptocurrency market has been divided between those who think that Bitcoin has matured enough to b
  
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• Bitcoin Payment Processor BitPay Launches Stablecoin Settlement [Tether’s Not Invited]

  15-10-2018 19:00
  Bitcoin payment processor BitPay has announced that merchants may now accept settlement in USD-pegged cryptocurrency “stablecoins” Gemini Dollar (GUSD) and USD Coin (USDC), providing them with the ability to denominate their operations in cryptocurrency while remaining immune from market volatility. The Atlanta-based BitPay made the announcement on Monday, explaining that it will allow merchants in
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• Fidelity Is Launching a Crypto Trading Platform

  15-10-2018 18:52
  Fidelity Investments, one of the world's largest financial services providers, is launching a crypto trading and storage platform.
  
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• Malta Blockchain Summit

  15-10-2018 18:40
  Malta in recent news has become nicknamed “The Blockchain Island” and for good reason! The increasingly blockchain and crypto friendly island has offered safe-haven for blockchain and cryptocurrency based companies. This is one of the many reasons DQR-Group has organized the Malta Blockchain Summit.The Malta Blockchain Summit kicks into high gear between November 1st and November 2nd but begins with a Hackathon on October 31st, 2018 and ends with a Champagne Brunch on November 3rd. F
  
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• Airsoft Technologies Partners with PumaPay for Cryptocurrency Payments

  15-10-2018 18:35
  Airsoft will adopt PumaPay cryptocurrency billing protocol and the PMA token as one of payment means.
  
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• Employee #5: Coinbase Veteran Adam White Joins ICE’s Crypto Platform Bakkt

  15-10-2018 18:05
  Early Coinbase employee and head of institution products Adam White has joined Intercontinental Exchange’s (ICE) cryptocurrency platform Bakkt as its chief operating officer, per the company’s announcement on Medium. The news of White’s departure from the firm was first released on Bloomberg. White was Coinbase’s fifth employee, and he joined in 2013 when the founders
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• Sony Builds Digital Rights Management System on a Blockchain

  15-10-2018 18:00
  Japanese electronics giant Sony has developed a blockchain-based digital rights management system that may see commercial rollout.
  
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• IOHK may split from Cardano Foundation over “lack of performance”

  15-10-2018 17:50
  The Cardano blockchain, created by Ethereum co-Founder Charles Hoskinson, is undergoing a battle over management of the nonprofit foundation which is part of the organizational structure that oversees Cardano’s development and community engagement.
  The Cardano Foundation, or Cardano Stiftung as it’s officially known in Switzerland, is one of three entities which currently manages the Cardano project development. The other bodies are IOHK, a company created by Hoskinson in 2015 based
  
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• Publicly-Listed Game Developer Releases First-Ever Blockchain Game, CryptantCrab; Pre-Sale Begins On Oct. 25

  15-10-2018 17:27
  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. Smartphones have made video games more engaging than ever. iCandy Interactive, an Australian listed mobile games developer, has recognized this exciting and expanding market. For its latest offering, iCandy
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• Tether Pulled $300 Million in Cryptocurrency out of Circulation Last Week

  15-10-2018 17:09
  Tether LLC, the issuer of the eponymous USD-backed cryptocurrency tether (USDT), pulled $300 million worth of the “stablecoin” out of circulation last week, just days before the token lost its dollar peg. Blockchain data from Omni, the second-layer protocol that operates on the Bitcoin blockchain and serves as the infrastructure for the tether token, reveals
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• Binance Pauses Tether Withdrawals After Denying Delist Rumor

  15-10-2018 16:51
  Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.
  
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• Peer Stablecoins are Showing 10% Premium against a Weak Tether

  15-10-2018 16:18 via newsbtc.com
  A mass exodus from the most popular dollar-pegged stablecoin Tether (USDT) has led to its devaluation against peer stablecoins.
  USDT on Monday broke away from its historically tight link with the US Dollar to touch 85 cents across multiple crypto-exchanges. As a result, a substantial USDT volume shifted to other cryptocurrencies, including Bitcoin, raising their price in an otherwise bearish market. Among the gainers were also other stablecoins whose per token value advanced against the dollar &
  
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• Crypto Exchange OKEx Lists 4 New Stablecoins

  15-10-2018 16:05
  Hong Kong-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.
  
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• Tether Implodes in 4% Drop = An Important Step Toward Crypto Market Growth

  15-10-2018 16:02
  The price of Tether (USDT), a crypto stablecoin backed by the US dollar pegged to $1, has fallen by around 4 percent in the past 24 hours to $0.96. As USDT fell, it became more expensive for traders to purchase major cryptocurrencies like Bitcoin and Ethereum with USDT, pushing the premium of cryptocurrencies up on
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• Tether hits record low against USD

  15-10-2018 15:56
  Cryptocurrency markets rallied on Monday morning, with bitcoin leading the charge.
  Bitcoin climbed as high as US$7,000 on some exchanges, marking largest single-day rally in months. As expected, many other cryptocurrencies followed suit, with ether and XRP both posting double digit gains before falling back slightly.
  The big surprise, however, was Tether which came unhinged from the USD, falling nearly 6 percent from its peg as negative sentiment took hold of the “stablecoin.”(Source
  
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• When the next crypto bull run happens, it’s going to be epic

  15-10-2018 15:50
  The current overall market cap for the crypto space is a shadow of what it once was. 2018 has tested the patience and skill of everyone involved. Crypto asset prices are down at least 75% across the board for the most part. But strangely enough, institutions and mainstream entities continue to gain interest and involvement. Logically, all this interest should make the next bull run huge (when the market finally turns around).
  Significant Mainstream Interest
  The Elusive Bitcoin ETF
  The
  
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• Raido Financial Announces New Updates and Prepares for the Launch

  15-10-2018 15:38
  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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• AERON – A Blockchain Ecosystem That Is Set to Impact Airlines Industry

  15-10-2018 15:26
  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 AERON – A Blockchain Ecosystem That Is Set to Impact Airlines Industry appeared first on CCN
  
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• Full Service Crypto Bank Victorieum Are Promising the Seemingly Impossible. Here’s How They Plan to Pull It Off

  15-10-2018 15:17
  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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• UK Banking Giant Barclays’ Cryptocurrency Project ‘Put on Ice’: Report

  15-10-2018 14:59
  Major investment bank Barclays has reportedly put its cryptocurrency trading project “on ice” amid a prolonged bear market that has dampened interest in the asset class among many investors. According to a Financial News report, the London-based financial institution shelved the project in September, leading to the departure of Chris Tyrer, the bank’s former head
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• US City Mulls Roll Out of Tougher Rules for Crypto Miners

  15-10-2018 14:46
  Plattsburgh, New York, is considering stricter requirement for commercial cryptocurrency mining farms operating in the city.
  
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• Crypto Porfolio Managment App Blockfolio Raises $11.5 Million

  15-10-2018 14:07
  Crypto portfolio tracker Blockfolio has raised $11.5 million in a round of fundraising led by prolific cryptocurrency focused hedge funds Pantera Capital.  Pantera Capital has maintained a positive outlook for cryptocurrency for a while. The investment firm, led by its CEO and chief investment officer Dan Morehead recently invested in market prediction platform Augur, an
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• Bitcoin Explodes to $7,000 within 24 Hours; What Caused the Short-Term Rally?

  15-10-2018 13:31 via newsbtc.com
  After months of bearish action, the Bitcoin price on Monday soared above $7,000 within a matter of hours.BTC/USD bounced from $6,269 earlier today to establish fresh highs towards $6,950, according to CoinMarketCap, adding approximately $9 billion to its market cap. On some exchanges, including Hong Kong-based BitFinex, the pair skyrocketed above $7,000.
  Weak USDT Pumps Bitcoin
  The circa ten percent jump was waved by the sell-off of USDT, a USD-pegged token, which didn’t exactly remai
  
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• Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

  15-10-2018 13:21
  Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.
  
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• Bitcoin Price Spikes But Bull Reversal Is Still $1K Away

  15-10-2018 13:10
  Bitcoin is solidly bid Monday amid a sell-off of the tether stablecoin, but the bulls still need a move above $7,400 to confirm a bullish reversal.
  
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• Crypto Trading Models: CFDs, Exchanges and Decentralized Exchanges

  15-10-2018 13:02
  Cryptocurrency exchanges do not fall under the same regulations that other kinds of asset exchanges do.
  
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• Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator

  15-10-2018 12:49
  The outgoing chairman of Hong Kong’s securities regulator has – unlike China – ruled out a total ban on domestic cryptocurrency exchanges, suggesting formal regulations instead. Hong Kong’s Securities and Futures Commission (SFC) is drawing plans in reaction to the growing appetite for cryptocurrencies like bitcoin among retail investors and traders – by regulating the
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• PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

  15-10-2018 11:50
  The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.
  
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• Bitcoin Exchange Bitfinex Announces New Reporting Tools for Users

  15-10-2018 11:39
  Bitfinex has announced that launch of a new suite of reporting tools intended to help users gain greater control over their trades and give them useful insights into their activities on the platform. In a blogpost on its website, Bitfinex revealed that the tools are designed to enable users gain unlimited insights by viewing as
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• Bitcoin Price Watch: BTC/USD’s Upside Drift, Reversal And Tether’s Decline

  15-10-2018 11:28 via newsbtc.com
  Key PointsBitcoin price rallied above the $6,600 and $6,700 resistances and later reversed gains against the US Dollar.
  There was a break above a major bearish trend line with resistance at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  Tether (USDT) pairs rallied above the $7,000 and $7,500, but later trimmed most of its gains.Bitcoin price broke the $6,700 resistance, but it failed to hold gains against the US Dollar. BTC/USD is back to $6,400 and it is currently under
  
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• Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

  15-10-2018 10:59 via newsbtc.com
  Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market.
  “Last Dip Ever”
  AngeloBTC, a well-followed cryptocurrency commentator and analyst, r
  
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• Price of Tether Stablecoin Tanks to 18-Month Low

  15-10-2018 10:40
  The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
  
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• Price of 'Stable' Cryptocurrency Tether Tanks to 18-Month Low

  15-10-2018 10:40
  The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
  
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• Cardano Price Analysis: ADA/USD Surging Towards $0.090

  15-10-2018 10:28 via newsbtc.com
  Key HighlightsADA price formed a decent support near the $0.0700 level and rallied recently against the US Dollar (tethered).
  There was a break above a key bearish trend line with resistance at $0.0802 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair is placed nicely in a positive zone and it could move further towards $0.0880 and $0.0900.Cardano price jumped back in a positive zone against the US Dollar and Bitcoin. ADA/USD is likely to accelerate gains towards the $0.0
  
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• Bitcoin Price Explodes to $7,500 as Tether Loses USD Peg

  15-10-2018 10:11
  Bitcoin price surged 9 percent within hours as Tether started losing its grip on the USD-peg. The BTC/USD pair closed yesterday on a modest 2 percent gain in pennant formation action following the recent drop. Nevertheless, the couple started picking momentum during the early Asian trading session and jumped to as high as 7800-fiat from
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