Cryptocurrency news

• Cryptocurrency Needs More Regulation than other Commodities: Fmr. CFTC Chair

  16-10-2018 23:33
  Former Commodity Futures Commission Chairman Gary Gensler, who helmed the organization from mid-2009 to early 2014, recently shared his opinions on cryptocurrency regulation in a Bloomberg interview. Need For Regulation Gensler was asked about the validity of blockchain technology, and the regulator-turned-blockchain-lecturer stated outright that it “has a real chance to be a catalyst for
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• Trump’s Trade Tariffs on Chinese Imports to Hit Mining Manufacturers Hard

  16-10-2018 23:30 via newsbtc.com
  President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware.
  Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales.
  As Trump’s Trade War Heats Up, US to Charge Chinese Mining Manufacturers 27.6% Tax
  Three of the planet’s largest producers of mining hardware are expected to be negatively impacte
  
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• Curated blockchain and cryptocurrency news – Week 41

  16-10-2018 23:00 via crypto-news.net
  Welcome back to our curated blockchain and cryptocurrency news where every week, we select the most important and relevant events and stories for an easy overview over the happenings of the last seven days. If you have missed the previous list, here is a link for you to catch up with what went down in the week before. This series is tailored for people that want to keep a pace with the crypto and blockchain space, but do not have the time to do it consistently. You can explore the stories via sh
  
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• Coinbase Now Lets You Buy and Sell Ethereum Token 0x

  16-10-2018 22:40
  Retail investors can now trade the 0x Protocol on Coinbase.com, as well as its Android and iOS apps.
  
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• Bitcoin Price Intraday Analysis: BTC/USD Holds $6,400 Floor

  16-10-2018 22:35
  The bitcoin-to-dollar exchange rate is holding above 6400-fiat as it goes towards testing major resistance hurdles to the upside. The pair moved 1.5 percent above its intraday low near 6346-fiat on Coinbase Pro while trading at over 7 percent premium rates on Tether-featuring exchanges. The volume, however, slowed down in contrast to Monday’s wild swings,
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• Higher Correlation Between Stocks and Bitcoin May Hurt Crypto Market, Analyst Says

  16-10-2018 21:30 via newsbtc.com
  The discussion of an existing correlation between stocks and Bitcoin continues.
  Having been found to move in tandem during short periods, both asset classes have experienced gains in 2017 and losses in early 2018. Their common ground, however, may boil down to sentiment.
  Correlation Between Stocks and Crypto Only Found over Short-Term
  Traditional assets, such as stocks, and more novel assets, such as cryptocurrencies, may sometimes perform similarly during short periods of time as inve
  
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• Ethereum Creator, NYU Economist Go to War On Twitter, Mull Public Debate

  16-10-2018 21:27
  Ever since Nouriel Roubini appeared before the United States Senate Committee On Banking, Housing, and Urban Affairs, to discuss cryptocurrencies – he has certainly been causing quite the commotion with regards to the cryptocurrency community.   Roubini vs Buterin This is not surprising, considering the famed economist shared several controversial statements about bitcoin and cryptocurrency
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• Alibabacoin Foundation Is Going to List Their ABBC on Exchange Bitforex and Bit-Z

  16-10-2018 21:25
  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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• How a Blockchain Based Event Ticketing Protocol Is Changing the Face of E-Ticketing

  16-10-2018 21:19
  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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• Daily Crypto Roundup 10/16/2018

  16-10-2018 21:19
  Bitcoin looks for a potential breakout as Tezos lists on Kraken exchange, Ethereum blockchain upgrades are not yet ready, TRON partnership details, and stablecoin news floods the market. Here’s today’s action!
  Crypto Exchange Kraken Lists Tezos
  Tezos fans will see Tezos coins (XTZ) available for trade on Kraken today (started at 11 am ET). Until now, HitBTC looked to be the only place for US customers to trade XTZ. Although trading on HitBTC is still technically in and I Owe You 
  
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• The World First AI dApp Makes Deep Learning Super Cost Effective

  16-10-2018 21:13
  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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• White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance

  16-10-2018 20:30 via newsbtc.com
  The U.S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance.
  Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent.
  The digital currency’s mounting popularity among millennials and professional investors in the U.S. has led the Donald Trump gov
  
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• Tether Found a New Bank, and it Might be in the Bahamas: Report

  16-10-2018 20:18
  Tether, the controversial issuer of the USDT cryptocurrency, may have found a new banking partner in the Bahamas. Tether May Have a New Bank As first reported by The Block’s Larry Cermak, Tether — whose USD-pegged cryptocurrency has a market cap in the billions of dollars — is said to be holding its fiat reserves
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• Why Has Ripple Been In The News So Often Lately?

  16-10-2018 20:09
  In a bear market year, it’s uncommon to see a single project make repeated headlines, in addition to interesting associated price action. Ripple with its XRP token has been the topic of much discussion the past several weeks.
  Many individuals in the crypto space do not like XRP, due to its centralization, as centralization goes against the whole concept of blockchain (dispersing power). But many people also love XRP and see significant potential in its banking applications. So what’s
  
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• Tezos Surges 15% Amidst Market Recovery and Kraken Listing

  16-10-2018 19:30 via newsbtc.com
  Tezos (XTZ) surged 15% over the past 24 hours amidst a general cryptocurrency market recovery and its recent listing on Kraken. The cryptocurrency has been one of worst affected by the market crash, falling over 90% since its one year high it reached in December.
  Despite being one of the worst major altcoins affected by the bear market, Tezos holders saw some major gains on Tuesday morning, following the announcement and listing of the cryptocurrency on Kraken.
  Kraken first announced that they w
  
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• Winklevoss-Backed Stablecoin Soars Above $1 as Tether's Market Cap Plunges

  16-10-2018 19:15
  The Gemini dollar has broken its peg, climbing to an all-time high of $1.19 on Tuesday.
  
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• Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation

  16-10-2018 19:06
  The loss of its U.S. dollar peg isn’t the only thing driving down the market cap of tether (USDT), the cryptocurrency market’s largest “stablecoin.” Tether Falls Below Dollar Parity The USD-backed token, which as recently as late August had a circulating valuation of nearly $2.9 billion, is now worth just $2.2 billion, representing a two-month
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• Dublin is the Clear Choice for Coinbase as Its Second European Office

  16-10-2018 18:30 via feedproxy.google.com
  
  Crypto exchange Coinbase has announced that it is expanding its European presence into Dublin giving it access to Ireland’s growing crypto economy. In the announcement released today, the San Francisco-based exchange said the move to open a new office in Dublin is part of its wider expansion into Europe. With its headquarters for Europe based […]
  The post Dublin is the Clear Choice for Coinbase as Its Second European Office appeared first on Coinjournal.
  
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• Crypto exchange Kraken lists Tezos

  16-10-2018 18:22
  Notable crypto exchange Kraken announced the listing of Tezos coins late yesterday evening. Trading began at 11 am Eastern Standard Time today.
  Kraken sees almost $130 million in trading activity (volume) per day, with leverage trading options as well. Tezos is listed as the 17th largest cryptocurrency by market cap, with a current value of over $880 million, at a price of $1.45 per coin (as of the time of writing).
  Kraken’s announcement comes at a pivotal time. Investing in Tezo
  
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• What Led the World’s Largest Brokerage to Fully Integrate Crypto After 1 Year of Testing?

  16-10-2018 18:14
  In late 2017, Fidelity, one of the largest brokerages and asset managers with 7.2 trillion in assets under management as of October 2018, launched its first crypto initiative. By partnering with Coinbase, the biggest crypto-to-fiat exchange in the global market, Fidelity enabled its clients to track investments in major cryptocurrencies like Bitcoin and Ethereum through
  The post What Led the World’s Largest Brokerage to Fully Integrate Crypto After 1 Year of Testing? appeared first on CCN
  
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• Abu Dhabi, Belgium Ports Collaborate on Blockchain Trade Pilot

  16-10-2018 17:30
  A subsidiary of Abu Dhabi Ports has partnered with Port of Antwerp for a blockchain pilot aimed to facilitate international trade.
  
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• 27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale

  16-10-2018 17:30
  Global business technology provider GFT has announced results of an independent performance test on the Digital Asset (DA) platform showing that the platform can process trading volumes exceeding 27,000 trades per second over a sustained period of time. These results place the platform above peak US equity trading volumes according to the DTCC. Founded in
  The post 27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper’s Minimum Scale appeared first on CCN
  
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• Coinbase Departure Adam White Landed at Bakkt

  16-10-2018 17:17
  Coinbase former vice president is looking to get big banks into cryptocurrency.
  
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• Coinfloor First to Receive Gibraltar Blockchain Licence

  16-10-2018 16:32
  The London-based cryptocurrency exchange can now legally operate in the British Overseas Territory.
  
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• Australian State Eyes Blockchain Upgrade for Property Transactions

  16-10-2018 16:30
  The New South Wales state government is trialing blockchain tech from ChromaWay as part of a bid to digitize property conveyance by next summer.
  
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• Spread between BTC/USD and BTC/USDT Crosses $300

  16-10-2018 16:06
  The imbalanced peg between the US Dollar and Tether LLC’s USDT has resulted in a $300-spread in Bitcoin price. At the press time, the aggregated Bitcoin-to-dollar exchange rate on non-Tether exchanges is approximately 6430-fiat. Meanwhile, on Tether exchanges like BitFinex, the same forex rate is above 6700-fiat. The strange trading activity, which started surfacing on
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• Un-Stablecoin? What the Recent USDT Price Dip Means for the Industry

  16-10-2018 16:01
  What does Tether's downward price movement signal for the coin and the industry?
  
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• Will Fidelity satisfy the institutional bitcoin glut?

  16-10-2018 15:50
  Despite the bear market that began eight months ago, there is one niche that never slowed down; bitcoin OTC (over the counter) trades, or block trades, as some prefer to call it.  Throughout this time, I have had institutional clients looking to buy anywhere from 100,000 btc up to 1,000,000 btc. The bitcoin price movement did not seem to have any impact on this glut.  There was a New York City private investment bank looking to buy 500,000 btc “to test the waters”, and a US
  
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• Crypto Exchange Bitfinex Restarts Fiat Deposits Claiming 'Improved' Process

  16-10-2018 15:40
  Cryptocurrency exchange Bitfinex says it has rolled out a new process for depositing fiat currency after it halted the service last week.
  
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• Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits

  16-10-2018 15:11
  Cryptocurrency exchange giant Bitfinex has unveiled a “distributed banking solution” that it says will be a “resilient” solution to its much-chronicled banking woes. Announced on Tuesday, the new system will allow KYC-verified users to immediately begin initiating fiat deposits across USD, GBP, JPY, and EUR, which had been paused for almost a week. Under the
  The post Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits appeared fir
  
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• Institutional Interest in Crypto During Bearish Times is Bullish

  16-10-2018 15:00 via newsbtc.com
  An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias.
  The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market. Bitcoin, the cryptocurrency with the highest dominance, for instance, has reversed its downtrend on multiple occasions upon testing a $250-wide area below $6,000 as strong support. T
  
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• Decred Is Turning Its Entire $21 Million Crypto Treasury Over to Investors

  16-10-2018 14:59
  Decred is handing control of its $21 million treasury and all aspects of the protocol, from consensus through staffing, over to token holders.
  
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• Kenyan Government to Use Blockchain to Distribute Affordable Housing

  16-10-2018 14:27
  The Kenyan government plans to leverage blockchain technology for the distribution of new government-funded housing units, according to reports from local news outlet the Star. The Kenyan National Housing Fund will finance the initiative under the Finance Act 2018, and it plans to create an efficient allocation of the houses to those who need it
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• Roger Ver Joined a New Exchange Advisory Board

  16-10-2018 14:13
  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. For a long time there was no news about Roger Ver’s advisories. “Bitcoin Jesus” has recently signed a strategic partnership agreement between Bitcoin.com and a new fintech project.
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• SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool

  16-10-2018 14:05
  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 SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool appeared first on C
  
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• Bithumb Launches New DEX with No Transaction Fees and Airdrop Event

  16-10-2018 14:00 via newsbtc.com
  Bithumb, South Korea’s second largest cryptocurrency exchange officially launched its Decentralised Exchange (DEX) on October 15 and marked the occasion with two events – free transaction fee event and an Airdrop event, the details of which have been published on the company website.
  No Transaction fee period and Airdrop event
  The Free Transaction Fee event will enable users to trade on the platform without paying any fees to the exchange. They will be required to pay only the Gas fe
  
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• The Crypto Protocol Trying to Unite Every Exchange Order Book

  16-10-2018 13:59
  Imagine the liquidity of every crypto exchange, but in one giant pool. That's what Paradigm aims to build, and investors are on board.
  
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• Will XRP Be Trump’s Answer to China?

  16-10-2018 13:27
  Ripple strategist says that Washington is doing its homework on XRP, concerned about foreign control.
  
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• Coinbase Announces New Office in Ireland as Brexit Woes Deepen

  16-10-2018 13:00 via newsbtc.com
  A new blog post published by the US-based cryptocurrency exchange, Coinbase, announced plans to open a new office in Dublin, Ireland.
  Coinbase Expands to Dublin Amid Brexit Woes
  Coinbase, which is one of the largest cryptocurrency exchanges in the world, already has a number of employees in Europe. While these employees are currently based in London, England, Coinbase’s new blog post announced plans to expand to Dublin as well.
  The expansion came as a part of the plan to scale up in Europe
  
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• Bitcoin Price Is Defending One Key Support for the Fifth Month Running

  16-10-2018 13:00
  Bitcoin's recovery from three-week lows has kept a key long-term moving average support intact.
  
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• DAOstack Token GEN Listed on Liquid Cryptocurrency Exchange

  16-10-2018 12:59
  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. One of the most anticipated moments of an initial coin offering (ICO) event is the listing of its token on a cryptocurrency exchange for trading with other crypto
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• Sony Develops Blockchain-Based Rights Management System for Digital Content

  16-10-2018 12:58
  Sony Corporation has announced the launch of a blockchain-based digital rights management system. In a statement released on its website, the company revealed that the new framework is built on a prior system for authenticating, sharing, and managing rights to educational data previously developed by Sony and Sony Global Education. In April, CCN reported that Sony filed
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• LINE's Crypto Exchange Lists Its Own Token Against Bitcoin, Ether

  16-10-2018 12:00
  Messaging giant LINE's Bitbox exchange has made its LINK token available for trading against bitcoin, ethereum and tether.
  
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• Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

  16-10-2018 12:00 via newsbtc.com
  After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded billions of dollars volume, quickly pushing this market off its year-to-date lows from a volume standpoint.
  Crypto Trading Volumes Surge To 1 Month High
  As reported by NewsBTC previously, crypto investors were in for a tr
  
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• NSW Registry Manager to Test Land Conveyancing on a Blockchain in Australia

  16-10-2018 11:55
  The land registry manager of New South Wales in Australia has partnered with a blockchain technology firm with a view of applying distributed ledger technology to property conveyancing. According to the Financial Review, a proof of concept on a selected number of use cases will be conducted by the New South Wales Land Registry Services
  The post NSW Registry Manager to Test Land Conveyancing on a Blockchain in Australia appeared first on CCN
  
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• Bitcoin Price Watch: BTC/USD Buyers Losing Grip Below $6,520

  16-10-2018 11:28 via newsbtc.com
  Key PointsBitcoin price revered yesterday’s gains and traded below the $6,500 support against the US Dollar.
  There is a short-term ascending channel in place with support at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price could dip towards the $6,340 or $6,320 support before moving back higher.Bitcoin price is struggling to gain momentum above $6,500 against the US Dollar. BTC/USD could correct a few points before a fresh upward move.
  Bitcoin Price Analysi
  
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• Novogratz: Bitcoin Will Breakout in 2019, But Institutions Still Want Crypto

  16-10-2018 11:00 via newsbtc.com
  Despite recently retracting his bullish claims that Bitcoin will surpass $10,000 by year’s end, Mike Novogratz still expressed that institutions are still poised to enter the crypto industry.
  Fidelity, BitGo, Bakkt Custody Solutions Will Bolster Adoption
  Per previous NewsBTC reports from Monday, Fidelity Investments, a financial giant with over $2.5 trillion worth of client assets under management, unexpectedly divulged its plans to launch Fidelity Digital Asset Services (FDAS), a cry
  
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• Another Top-10 Crypto Exchange Is Adding 4 Stablecoins This Week

  16-10-2018 11:00
  The Huobi exchange has announced it will add support for four U.S. dollar-pegged cryptos, a day after OKEx did the same.
  
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• Ethereum Classic Price Analysis: ETC/USD Eyeing Upside Break Above $10

  16-10-2018 10:30 via newsbtc.com
  Key HighlightsEthereum classic price is forming a decent support base near the $9.20 level against the US dollar.
  There is an ascending channel formed with support at $9.35 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  The pair is likely to move higher and it could even break the $10.00 resistance in the near term.Ethereum classic price is positioning for a recovery against the US Dollar and Bitcoin. ETC/USD could gain traction once it breaks the $10.00 resistance.
  Ethereum Cla
  
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• Planning for Brexit: Crypto Exchange Giant Coinbase Opens Office in Ireland

  16-10-2018 10:25
  Cryptocurrency exchange Coinbase has opened a new office in Dublin to mark its latest expansion into Ireland as a marked effort to “plan for all eventualities for Brexit,” according to a top Coinbase executive. In an announcement on Monday, San Francisco-based cryptocurrency exchange Coinbase – the industry’s first ‘unicorn’ – said Dublin “was the clear
  The post Planning for Brexit: Crypto Exchange Giant Coinbase Opens Office in Ireland appeared fi
  
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