Cryptocurrency news

• Stellar [XLM] Making Major Move into Financial Markets, Real Usecases

  21-10-2018 23:55 via crypto-news.net
  As the business world rapidly moves into the blockchain space, competition is heating up among platform teams to gain the attention of would-be adopters. In this competition, Stellar is gaining traction, with a number of developments that are demonstrating the platform’s potential. Stellar’s recent moves are evidence that long-term success may come not from mainstream adoption among the public, but by acceptance and use by the corporate world.Stellar, founded in 2014, began as a fork
  
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• ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

  21-10-2018 23:06
  ING Bank has continued further down the road of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution.
  
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• Blockchain Industry on Track for Nearly 150 Mergers & Acquisitions in 2018

  21-10-2018 23:03
  The prolonged cryptocurrency bear market has seen a substantial number of organisations finding new opportunities for growth via consolidations and acquisitions. According to a CNBC report, investors are seeking more and more deals within the blockchain space, even in the face of declining or stagnant crypto prices. Despite market volatility and a peak-to-trough bitcoin price decline of
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• Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady

  21-10-2018 21:44
  Popular cryptocurrency analyst Willy Woo has observed what many others in the community have overlooked. While this year’s market downturn has shaved off approximately 70% of BTC’s value, the Bitcoin network is quietly gaining scale. It’s a sign of what many blockchain pioneers have been touting during the market downdraft, which is for developers to
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• Hack! Trade.io Loses 50 Million TIO Tokens from Cold Wallet

  21-10-2018 21:01
  The wallet was stored in a safety deposit box at a bank, which was "not compromised."
  
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• Interview: iVendPay Founder Sergey Danilov on Bringing Cryptocurrency Vending Machines to Asia

  21-10-2018 20:29
  Smart vending machines capable of handling cryptocurrency payments will be installed throughout Malaysia and Israel by the end of 2018 as a result of a partnership between iVendpay and GoByte. Sergey Danilov, the founder of the iVendPay project, told CCN: “The partnership between iVendpay and Gobyte is caused by the high demand for universal services
  The post Interview: iVendPay Founder Sergey Danilov on Bringing Cryptocurrency Vending Machines to Asia appeared first on CCN
  
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• Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike

  21-10-2018 18:07
  Over the past 24 hours, Bitcoin has achieved a new yearly low volume, demonstrating a lack of momentum and strength to recover to the higher region of $6,000. On Coinmarketcap, the volume of Bitcoin fell to $3.1 billion while it fell to $1.91 billion on CoinCap. The previous yearly low point of the Bitcoin volume
  The post Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike appeared first on CCN
  
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• Russian Church Forced To Pay For Crypto Mining

  21-10-2018 16:23
  A court ruling in Russia recently determined that a church must pay higher electricity fees, due to the fact that they are running cryptocurrency mining hardware on the property.  Although this is an isolated court ruling, it certainly has implications for private citizens, who are mining in their own homes. Church Investigated “Grace”, the evangelical … Continued
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• Crypto Week In Review: Fidelity, Goldman Sachs Adopt Crypto Custody

  21-10-2018 15:20 via newsbtc.com
  To say that these past seven days were bullish for crypto would likely be an understatement. Fidelity and Goldman Sachs, two prominent Wall Street giants, doubled-down on their cryptocurrency efforts, while already-established companies in this industry continued their unbridled expansion efforts.
  But, if the crypto industry had a bullish week, why didn’t prices react positively? Well, as put Anthony “Pomp” Pompliano:
  “The good news of today bakes the returns 3 years
  
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• Paxos Standard Emerges as Early Leader in Stablecoin Sprint

  21-10-2018 14:52
  Tether is experiencing an unprecedented challenge to its status as undisputed stablecoin market lodestar. With over 50 active stablecoin projects emerging around the world and even more set to debut in the weeks and months to come, these are fraught times for the stablecoin founded in 2014, as the market explores alternatives to USDT amid
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• Block School: Basic Blockchain Theory and Cryptoeconomics

  21-10-2018 14:00 via newsbtc.com
  BLOCK SCHOOL
  Here at NewsBTC we believe that education and knowledge is fundamental to the wider adoption of cryptocurrencies and growth of the blockchain industry. We will be expanding our education section by delving deeper into some of the machinations and technology behind the blocks. Our weekly articles aim to provide a greater understanding of how things work in the crypto ecosystem.
  Cryptoeconomics, The Basics
  Blockchain based cryptocurrencies all revolve around the principles of cryptoec
  
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• Prominent CEO: Bitcoin Isn’t Digital Gold Yet, But $10,000 Is Still Possible

  21-10-2018 13:57 via newsbtc.com
  Over the decade-long history of Bitcoin, the popular digital asset has been called everything from a money launder’s tool to the first-ever truly global currency.
  But, although Bitcoin’s definition has undoubtedly changed over the years due to the whims of investors and industry leaders, many still believe that BTC is on the cusp of becoming digital gold — a digitized asset that isn’t correlated to traditional markets, holds value over extended periods of time,
  
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• Bank of Japan Deputy Governor Downplays Cryptocurrency Plans

  21-10-2018 13:34
  Masayoshi Amamiya, Bank of Japan’s Deputy Governor, stated on Saturday that it was unclear whether digital currencies could enhance the monetary policies of central banks.  He elaborated that the Bank of Japan had no plans whatsoever to issue a cryptocurrency. Ongoing Debate Mr. Amamiya said that there was “quite a hurdle” for cryptocurrencies to overcome
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• NEM Foundation Launches Blockchain Hub in Melbourne

  21-10-2018 12:00
  Melbourne is now home to a new blockchain hub where NEM representatives will provide support to members of the public on blockchain technology and cryptocurrency. The hub will host educational programs and blockchain events, and it will also serve as a business incubator and support centre for NEM-based blockchain startups. Having benefited from local support
  The post NEM Foundation Launches Blockchain Hub in Melbourne appeared first on CCN
  
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• FX Traders Flee Offshore, Tether Still Unstable: Best of the Week

  21-10-2018 11:32
  Catch up on last week's top stories.
  
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• Sorry, I Turned Off My Bitcoin Faucet (Because Money)

  21-10-2018 11:20
  At its height, 99Bitcoins' faucet was making nearly $2,000 a month, even after giving away coins. Then things got complicated.
  
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• Hedge Funder Accepting Bitcoin for his US$16 Million Manhattan Mansion

  21-10-2018 11:03
  At current market prices, about 2,500 bitcoins are all you need to secure a prestigious address at 40 Riverside Drive in Manhattan. According to Bloomberg, the president of New York hedge fund R.G. Nierderhoffer Capital Management, Inc, Roy Niederhoffer, is selling his Manhattan mansion consisting of six floors for bitcoin. The 10,720-square-foot house in Riverside
  The post Hedge Funder Accepting Bitcoin for his US$16 Million Manhattan Mansion appeared first on CCN
  
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• Bitcoin Price Weekly Analysis: BTC/USD Above $6,500 Could Accelerate Gains

  21-10-2018 10:00 via newsbtc.com
  Key PointsBitcoin price declined recently and tested the $6,350 support level against the US Dollar.
  There was a break above a connecting bearish trend line with resistance at $6,410 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair is facing a solid resistance near the $6,480 and $6,500 levels.Bitcoin price is consolidating above the $6,350 support against the US Dollar. BTC/USD must break the $6,500 resistance zone to move into a bullish zone.
  Bitcoin Price Analysis
  Th
  
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• Partnership Could See up to 100,000 Regular ATMs in U.S. Turned into Bitcoin-Vending Machines

  21-10-2018 09:53
  A deal between a traditional ATM manufacturer and a cryptocurrency vending machine firm will make it possible to buy bitcoin at tens of thousands of locations in the United States using a debit card. Bitcoin ATM firm LibertyX and regular ATM manufacturer Genmega have forged a partnership which will make it possible to purchase bitcoin
  The post Partnership Could See up to 100,000 Regular ATMs in U.S. Turned into Bitcoin-Vending Machines appeared first on CCN
  
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• Cryptocurrency Market Update: All Quiet During Sunday Trading

  21-10-2018 09:19 via newsbtc.com
  FOMO Moments
  Markets are sleeping again this weekend; only Veritaseum and Ravencoin going anywhere.
  Sunday has seen a small upward shift in crypto markets as predicted in yesterday’s market update. With a series of small higher lows over the past 24 hours market capitalization has crept back over $210 billion.
  Bitcoin has climbed back over $6,500 again but is only up around half a percent on the day. There are no solid signals for movement in either direction as BTC looks to stay here for
  
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• Ethereum Price Weekly Analysis: ETH/USD Near Make-or-Break Levels

  21-10-2018 08:28 via newsbtc.com
  Key HighlightsETH price declined recently below the $200 level before buyers emerged near $196 against the US Dollar.
  There is a major bullish trend line with support at $201 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair must clear the $207 hurdle and the 100 simple moving average (4-hours) to gain momentum.Ethereum price is trading near crucial levels versus the US Dollar and Bitcoin. ETH/USD must surpass the $207 and $214 levels to gain upside momentum.
  Ethereum Price Analys
  
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Primed for More Upsides

  21-10-2018 06:28 via newsbtc.com
  Key PointsBitcoin cash price declined sharply, but it found support near the $420 level against the US Dollar.
  There was a break above a major bearish trend line with resistance at $435 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair may well continue to move higher once there is a break above the $450 resistance.Bitcoin cash price is placed well above the $420 support against the US Dollar. BCH/USD could accelerate above the $450 and $460 resistances in the near term.
  
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• Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

  21-10-2018 02:45
  Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.” Local news outlet Portal do Bitcoin reportedly spoke to four now ex-employees that served at different hierarchical levels. One noted it “was horrible” … Continued
  The post Brazil’s Largest Bitcoin Ex
  
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• Bitcoin ATM Firm Not Liable for Scam Victim’s Losses: Canadian Judge

  21-10-2018 01:30
  A Canadian bitcoin ATM firm which was sued by a victim of fraud can finally breathe a sigh of relief after a judge ruled that the firm was not liable for the losses incurred. The victim, a woman whose name was withheld, had sued Instacoin ATM Canada to get back the C$62,500 she sent using … Continued
  The post Bitcoin ATM Firm Not Liable for Scam Victim’s Losses: Canadian Judge appeared first on CCN
  
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• The Onion Released a Guide to Blockchain, and It’s Hilarious

  21-10-2018 00:10
  Despite the many amazing use cases for public and private blockchain networks, there’s no way around the fact that the word “blockchain” has been misused, misunderstood, and hyped into a state of near-meaninglessness in the last few years. Money-hungry ICOs have jumped on the chance to put everything from celebrities to board games “on the blockchain,”
  The post The Onion Released a Guide to Blockchain, and It’s Hilarious appeared first on CCN
  
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• Japanese Consortium to Research Direct Trading of Electricity with Blockchain

  21-10-2018 00:00 via newsbtc.com
  A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by photovoltaic power generation, and a new system capable of direct trading.
  Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity
  A partnership between the University of Tokyo, IT company Japan Unisys, electric utility Kansai Electric Power, and Mitsubishi UFJ Bank, the largest in Japan, will study the viability of a dedicated platform powe
  
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