Cryptocurrency news

• Mainstream? Gwyneth Paltrow Promotes Bitcoin Investing Guide on Twitter

  05-11-2018 23:24
  Celebrities and cryptocurrency have a long and complex history together. Seemingly everyone from boxers to rappers has publicly supported or even endorsed various types of cryptos, from ICOs to bitcoin proper. DJ Khaled and Floyd Mayweather have even been sued over their alleged misrepresentations regarding an ICO they promoted called Centra Tech whose operators were later
  The post Mainstream? Gwyneth Paltrow Promotes Bitcoin Investing Guide on Twitter appeared first on CCN
  
  Read more

• Daily Crypto Roundup 11/5/2018

  05-11-2018 23:18
  Crypto tax stress, regulatory talks, Tether validity news, and a new BitMEX tool website for fork information, all while the crypto markets look somewhat greener as a whole. Check out today’s action.
  Abusive Crypto Taxation In California Reminds Us Why Privacy Matters
  Cryptocurrency taxation lies heavy on those involved. Tax laws have not yet developed to properly suit the crypto space.
  Trading crypto assets triggers a taxable event, even if the funds are not traded into FIAT (USD, EUR, et
  
  Read more

• Crypto Exchange Bitstamp Aims to Get Faster with Tech Upgrade

  05-11-2018 22:45
  Crypto exchange Bitstamp is getting a new matching engine developed by Cinnober, whose clients are mostly traditional stock and commodity markets.
  
  Read more

• Crypto Exchange Bitstamp Aims to Get 1,250 Times Faster with Tech Upgrade

  05-11-2018 22:45
  Crypto exchange Bitstamp is getting a new matching engine developed by Cinnober, whose clients are mostly traditional stock and commodity markets.
  
  Read more

• Advertisement

• Bitcoin Futures Volatility Hit Record Low in October: CBOE

  05-11-2018 22:21
  Bitcoin has been unusually stable in recent weeks, and the decrease in volatility has now reached historic levels in the futures markets. Bitcoin Volatility Hits Record Level in Futures Markets That’s according to Kevin Davitt, senior instructor for The Options Institute at CBOE Global Markets, who said that Chicago-based derivatives exchange saws record low volatility
  The post Bitcoin Futures Volatility Hit Record Low in October: CBOE appeared first on CCN
  
  Read more

• Another Report Says Crypto Mining Uses More Power than Traditional Mining

  05-11-2018 22:00 via newsbtc.com
  A report published today has stated that mining $1 worth of Bitcoin requires more electricity than mining almost any material traditionally dug from the earth.
  The authors state that between three million and 15 million tons of carbon emissions have been caused by the sector over the last two years.
  Another Report into the Environmental Impact of Bitcoin
  According to research conducted for the Nature Sustainability, a British journal, it requires more energy to create a single dollar’s wor
  
  Read more

• Bitcoin Price Establishes New Weekly High But Slips into Bearish Correction

  05-11-2018 21:17
  On Monday, bitcoin underwent a bearish correction after establishing a new weekly high at 6440-fiat, falling close to 0.8 percent. Bitcoin Hits Weekly High The BTC/USD pair is trading in a bull trend above the 200-period simple moving average on hourly charts. The big move yesterday seems to have appeared more because of Tether, whose
  The post Bitcoin Price Establishes New Weekly High But Slips into Bearish Correction appeared first on CCN
  
  Read more

• Novogratz: Bitcoin to Revisit All-Time High in 2019, Fueled by Institutional FOMO

  05-11-2018 21:00 via newsbtc.com
  One of the most prominent names in cryptocurrency investing believes that Bitcoin’s downtrend woes are near an end, and that a revisit to Bitcoin’s all-time high is on the cards during 2019 due to increased interest from institutional investors.
  Novogratz: Taking Out $10K Will Lead to New Highs
  Mike Novogratz, founder and CEO of crypto-focused investment firm Galaxy Digital Capital Management, is rarely without comment on the state of the cryptocurrency market, and in particular, Bit
  
  Read more

• Advertisement

• Musk Impostors Hack Lawmaker, Publisher Accounts in New Crypto Scams

  05-11-2018 20:37
  A number of verified Twitter accounts were hacked to look like Elon Musk's as part of an effort to defraud owners of bitcoin.
  
  Read more

• Venezuela’s “el Petro” stumbles at the starting line…again

  05-11-2018 20:18
  Venezuela’s controversial state-sponsored cryptocurrency, the ‘Petro,’ is back…kind of. And it’s already starting to feel like a case of déjà vu.
  What happened with “El Petro”? 
  Originally “launched” in early February, Venezuela’s state-sponsored cryptocurrency has been a point of controversy since its inception.
  In its initial state, Venezuelan President Nicholas Maduro announced that the oil-pegged-coin was to be u
  
  Read more

• Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading

  05-11-2018 20:04
  The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks dealing in cryptoassets to apply a risk weighting of eight times their market value  when calculating loss-absorbing capital buffers. In a confidential letter seen by swissinfo.ch, the regulator also imposed a 4 percent cap on crypto positions as a percentage of total capital held by banks,
  The post Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading appeared first on CCN
  
  Read more

• The U.S. Chamber of Commerce Calls for Clarity on ICOs

  05-11-2018 20:00 via crypto-news.net
  The U.S. Chamber of Commerce continues to focus on the initial coin offering (ICO) method of fundraising as it allows innovative enterprises to generate much-needed capital, however, the organization is calling for further guidance and possible regulation.
  The business lobbying group has reiterated some of the principles outlined at the launch of its FinTech Innovation Initiative in July, when it highlighted development in cryptocurrencies and token sales as one of its eight “FinTech princ
  
  Read more

• These DApps Don’t Need a Blockchain

  05-11-2018 19:51 via feedproxy.google.com
  
  Interest in open-source software and decentralization has been on the rise over the past decade with new innovations such as Bitcoin. Through the rise in popularity of Bitcoin came the idea that this blockchain technology could be generalized to create a variety of new, decentralized applications (DApps) that would give internet users alternatives to the […]
  The post These DApps Don’t Need a Blockchain appeared first on Coinjournal.
  
  Read more

• BitMEX Publishes Analytics Website to Monitor BTC and BCH Hard Forks

  05-11-2018 19:45 via newsbtc.com
  The Bitcoin Mercantile Exchange, or BitMEX for short, has launched a website to monitor activity on both the original Bitcoin chain and the Bitcoin Cash hard fork.
  The leadership of the cryptocurrency and derivatives trading platform believes the service called ForkMonitor.info will be useful in determining levels of support for different implementations of code, as well as spotting potentially dangerous consensus bugs.
  BitMEX Node Monitoring Service Will Initially Focus on Bitcoin Cash
  Accordin
  
  Read more

• Thai Rappers Adds Song on Zcoin’s Blockchain to Fight Censorship

  05-11-2018 19:40 via feedproxy.google.com
  
  A rap song titled Prathet Ku Mee (Which is My Country), centered on government oppression in Thailand has garnered over 25 million views on YouTube. The viral song, which is topping Thailand’s iTunes download list as at October 27, 2018, was released by Thai rappers who dropped fiery rhymes about government corruptions, censorships, military dictatorship […]
  The post Thai Rappers Adds Song on Zcoin’s Blockchain to Fight Censorship appeared first on Coinjournal.
  
  Read more

• This Ethereum Token You’ve Never Heard of is Hogging 10% of the Network’s Gas

  05-11-2018 19:01
  A Reddit user has complained that a virtually unknown token is consuming a large amount of Ethereum’s gas supply. Gas is a measurement of the computational work required to do a given transaction on the Ethereum network. Different smart contracts have different requirements. It is not exactly the same as a transaction fee but it
  The post This Ethereum Token You’ve Never Heard of is Hogging 10% of the Network’s Gas appeared first on CCN
  
  Read more

• Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

  05-11-2018 19:00
  The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.
  
  Read more

• Indian Teenager Threatens to Blow Up Miami Airport over Alleged Bitcoin Scam

  05-11-2018 18:00 via newsbtc.com
  An Indian teenager is in hot water after threatening to carry out a deadly attack on a U.S. international airport after he failed to receive support from the FBI in relation to an alleged Bitcoin scam.
  Bitcoin Scam Leads to Volatile Situation at Miami Airport
  Bitcoin’s price may be experiencing an extreme lack of volatility, however, a new report involving a Bitcoin scammer has led to some potentially explosive action.According to a local report, an 18-year-old student from the Northe
  
  Read more

• Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'

  05-11-2018 18:00
  Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.
  
  Read more

• Japan’s Largest Bank Says it Found ‘Source’ of $60 Million Hack of Crypto Exchange Zaif

  05-11-2018 17:41
  Cybersecurity researchers working for a subsidiary of Japan’s largest bank believe that they have found the hackers who stole $60 million from Japanese crypto exchange Zaif in an attack earlier this year. MUFG Investigates Zaif Hack According to a press release published on Monday, Japan Digital Design Co. (JDD) — a subsidiary of banking giant
  The post Japan’s Largest Bank Says it Found ‘Source’ of $60 Million Hack of Crypto Exchange Zaif appeared first on CCN
  
  Read more

• SEC Official Says 'Plain English' Guidance On ICOs Is Coming

  05-11-2018 17:07
  SEC Director of Corporation Finance William Hinman said the agency plans to release a "plain English" explanation of when a token sale is a security.
  
  Read more

• Exclusive: SpaceX Alum’s Crypto Exchange Will Sell Stock Through Security Token Offering

  05-11-2018 16:21
  LXDX, the high-speed cryptocurrency exchange founded by a former SpaceX engineer, has announced that it will issue stock through a security token offering (STO). Institutional Crypto Exchange to Issue Stock on the Blockchain CCN can exclusively report that LXDX, which was co-founded by former SpaceX engineer Joshua Greenwald, will become one of the first companies
  The post Exclusive: SpaceX Alum’s Crypto Exchange Will Sell Stock Through Security Token Offering appeared first on CCN
  
  Read more

• SEC Turns Focus on Cryptocurrency Investment Advisors

  05-11-2018 16:02
  The regulator reacts to the population explosion of investment advisers working with cryptocurrency.
  
  Read more

• Hackers Behind Zaif Crypto Exchange Theft May Have Been Exposed

  05-11-2018 15:35
  Cybersecurity experts from Mitsubishi Group say they may have identified data that could locate the hackers of the Zaif crypto exchange.
  
  Read more

• Hackers Behind $60 Million Zaif Crypto Exchange Theft May Have Been Exposed

  05-11-2018 15:35
  Cybersecurity experts from Mitsubishi Group say they may have identified data that could locate the hackers of the Zaif crypto exchange.
  
  Read more

• Andreas Antonopoulos Calls Out Bitly for “Blacklisting” Crypto Sites

  05-11-2018 15:34
  Andreas M. Antonopoulos, the author of “Mastering Bitcoin” and a self-proclaimed “computer geek” who has dedicated his career to bitcoin, has a bone to pick with Bitly, the web-link shortening service. Bitly has seemingly blacklisted cryptocurrency sites from its service, prompting readers with a warning prior to redirecting to the original website, a Twitter thread between
  The post Andreas Antonopoulos Calls Out Bitly for “Blacklisting” Crypto Sites appe
  
  Read more

• Is Cryptocurrency Dead for Good? - Investopedia

  05-11-2018 15:07
  Investopedia
  Is Cryptocurrency Dead for Good?
  Investopedia
  Since it was created, nearly a decade ago, bitcoin—and the cryptocurrency market it spawned—have faced a constant stream of doomsayers declaring the coin dead or headed for obsolescence. Even so, ten years later, a single bitcoin is worth four ...
  Bitcoin: A Peer-to-Peer Electronic Cash System - Bitcoin.orgBitcoin.org
  Email Authentication - Matrix - Morgan StanleyMatrix - Morgan Stanley
  The crypto world is going wild for 'st
  
  Read more

• Abusive crypto taxation in California reminds us why privacy matters

  05-11-2018 14:50
  On November 3rd 2018, bitcoinist and crypto influencer Whale Panda took to Twitter to share an interesting Reddit post which tells a compelling story about how crypto assets are taxed. In a nutshell, it’s about a young person who bought cryptocurrencies on Coinbase in early 2017, has watched his portfolio grow exponentially in value, hasn’t sold any of the coins for fiat, but owes the state of California about $400.000 in taxes.
  The case should be worrisome and make both regulators a
  
  Read more

• Korea Discount for Bithumb?

  05-11-2018 14:33
  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 Korea Discount for Bithumb? appeared first on CCN
  
  Read more

• TEMCO: First Supply-Chain Platform to Utilize the Bitcoin Network (RSK), Successfully Secures Funding from Nexus One

  05-11-2018 14:17
  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 … Continued
  The post TEMCO: First Supply-Chain Platform to Utilize the Bitcoin Network (RSK), Successfully Secures Funding from Nex
  
  Read more

• Brave Browser’s BAT Rallies 26% Over Weekend after Coinbase Pro Listing

  05-11-2018 14:17
  Basic Attention Token (BAT) on Monday has surged as much as 10.6 percent against the US Dollar from the previous day’s low. The BAT/USD exchange rate today has marked fresh quarterly highs towards 0.322-fiat, totaling the bullish gains to as high as 26 percent since November 2. The pair is also experiencing a quadruple surge … Continued
  The post Brave Browser’s BAT Rallies 26% Over Weekend after Coinbase Pro Listing appeared first on CCN
  
  Read more

• Chinese Court Rules that Bitcoin is Property, Protected by Law

  05-11-2018 14:14
  A company tried to use a legal loophole to steal some cryptocurrency, but it backfired.
  
  Read more

• The First-Ever BTM Payment in Real World Instant and Cheaper for SeaRates Shipment

  05-11-2018 14:09
  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 The First-Ever BTM Payment in Real World Instant and Cheaper for SeaRates Shipment appeared first on CCN
  
  Read more

• Bitcoin's True Stress Test Is Yet to Come

  05-11-2018 14:00
  What happens if there's another 2008-scale financial market crisis? Will diehard HODLers still resist liquidating their bitcoin assets?
  
  Read more

• India’s Biggest Private Company Gets Paid on a Blockchain

  05-11-2018 13:21
  Reliance Industries, India’s largest private sector firm, has successfully participated in its first ever trade finance transaction powered by blockchain technology. In an industry first, Indian oil and energy conglomerate Reliance Industries completed a trade finance transaction with US-based Tricon Energy, a global chemical distributor. The end-to-end ‘live’ transaction was executed over R3’s Corda blockchain, … Continued
  The post India’s Biggest Private Co
  
  Read more

• Cryptocurrency Market Update: Monero and Dash Driving Monday Recovery

  05-11-2018 12:43 via newsbtc.com
  FOMO Moments
  Markets recovering this Monday; Monero, Dash and BAT climbing, Eternal Token getting trounced.
  As we start another week crypto markets have made some upward progress. Total market capitalization has passed $210 billion for the first time in seven days and green is the predominant colour at the moment.
  Bitcoin is up marginally and has made it to $6,440 after a low just under $6,300 a few hours ago. Bullish momentum appears to have returned, in the short term at least. Ethereum is far
  
  Read more

• Hong Kong Investment Guru Lures Investors into HK$6.9 Million Crypto Ponzi Scheme

  05-11-2018 12:37
  Hong Kong-based stock market commentator Raymond Yuen has been indicted for misleading web users into investing into a Crypto Mining Ponzi Scheme. Based on reports on local Hong Kong media outlet The Standard, investors had narrated to the Democratic party how Yuen swindled them of HK$6.9 million in funds for a Ponzi scheme. According to
  The post Hong Kong Investment Guru Lures Investors into HK$6.9 Million Crypto Ponzi Scheme appeared first on CCN
  
  Read more

• TriForce Tokens and Busca Todo Spearhead Blockchain Gaming Market Boom in Latin America

  05-11-2018 12:15
  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. In the video games industry, as with most business sectors, it is generally beneficial for a company to link up with a like-minded business to form a strategic
  The post TriForce Tokens and Busca Todo Spearhead Blockchain Gaming Market Boom in Latin America appeared first on CCN
  
  Read more

• Bitcoin Price Eyes Move to $6.8K After Bull Breakout

  05-11-2018 12:00
  Bitcoin could be about to make a move towards $6,800, having witnessed a bullish triangle breakout yesterday.
  
  Read more

• Taiwan Amends Law to Target Anonymous Cryptocurrency Transactions

  05-11-2018 11:49
  Taiwan’s highest legislature has approved amendments to existing laws, enabling the country’s regulator to combat anonymous cryptocurrency transactions. On Friday, Taiwan’s Legislative Yuan passed a legislative proposal that mandates cryptocurrency transactions to fall under the purview of existing money laundering laws. The amendments to the Money Laundering Control Act and the Terrorism Financing Prevention Act
  The post Taiwan Amends Law to Target Anonymous Cryptocurrency Tra
  
  Read more

• GMO Internet Mined Mountains of BCH in September – Pre-Fork Haul?

  05-11-2018 11:26
  The cryptocurrency mining operation of the Japanese conglomerate reveals some interesting numbers.
  
  Read more

• Ethereum Wallet MetaMask Achieves Milestone of 1.3 Million Users: Wild Success

  05-11-2018 11:26 via newsbtc.com
  MetaMask, the most popular Ethereum wallet in the world, has just hit a major milestone of 1.3 million downloads, according to a recent announcement.
  MetaMask Hits 1.3 Million Users
  The wallet comes as a new Chrome extension, and it offers numerous features, such as a secure identity vault. It allows anyone to run decentralized application (dApps) on the browser directly, with no need to run a full Ethereum node. This allows MetaMask to act as a type of bridge between the blockchain an
  
  Read more

• More Crypto Exchanges Now Support Circle’s Stablecoin USD Coin

  05-11-2018 11:25
  USD Coin has been in the spotlight of late and the reasons should not be far-fetched for anyone who has been following proceedings in the crypto ecosystem of late. In less than a month, the company rose in value and notched the 58th position of top cryptocurrencies, according to data on CoinMarketCap. More overwhelming is
  The post More Crypto Exchanges Now Support Circle’s Stablecoin USD Coin appeared first on CCN
  
  Read more

• Firm Owned by India's Richest Man Turns to Blockchain for Trade Finance

  05-11-2018 10:30
  Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.
  
  Read more

• Bitcoin Price Watch: BTC/USD Turned Bullish Above $6,400

  05-11-2018 10:28 via newsbtc.com
  Key PointsBitcoin price surged higher recently and broke the $6,350 and $6,375 resistances against the US Dollar.
  There was a break above a major contracting triangle with resistance at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price traded towards the $6,475 level and it is currently correcting lower.Bitcoin price moved into a bullish zone above $6,375 against the US Dollar. BTC/USD is correcting lower, but it is likely to find support near $6,380 or $6,375.
  Bi
  
  Read more

• Bitcoin Cash Volume Surges 7x to $1.4 Billion in Crypto Market Recovey

  05-11-2018 10:15
  Major cryptocurrencies including Ethereum, Bitcoin Cash, and Litecoin have increased by more than 5 percent in value over the last 24 hours. The cryptocurrency market has started to demonstrate signs of recovery, as the daily trading volume of large digital asset trading platforms has increased over the past week. The volume of Bitcoin, led by
  The post Bitcoin Cash Volume Surges 7x to $1.4 Billion in Crypto Market Recovey appeared first on CCN
  
  Read more

• Tokyo Airport Limousines Will Start Accepting Bitcoin as Payment

  05-11-2018 10:11 via newsbtc.com
  Remixpoint Inc is reportedly planning to integrate a Bitcoin payment option to one of Japan’s leading taxicab services.
  According to Bloomberg, the company has partnered with Hinomaru Limousine Co. to create a crypto payment gateway for its customers. That said, users will be able to pay for Hinomaru’s limousine services in cryptocurrencies which, in addition to Bitcoin, also include Bitcoin Cash and Ethereum. The move is likely to impress travelers that are willing to bypa
  
  Read more

• Cardano Price Analysis: ADA/USD Buyers In Control, $0.080 Next?

  05-11-2018 09:28 via newsbtc.com
  Key HighlightsADA price traded higher recently and broke the $0.0750 resistance against the US Dollar (tethered).
  There are two bullish trend lines in place with support at $0.0740 and $0.0730 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair remains well supported and buyers could attempt to push the price towards $0.0800 in the near term.Cardano price is moving nicely against the US Dollar and Bitcoin. ADA/USD is likely to continue higher towards the $0.0800 and $0.0810
  
  Read more

• Building a Commission-Free Crypto exchange: An Interview with the CEO of Digitex

  05-11-2018 09:17
  We talk about innovative Blockchain application with the CEO, Adam Todd of Digitex Exchange which promises commission-free trading. Since commission fees are set arbitrarily by most exchanges, including the big ones, we wanted to delve deeper into how this project promises what others had thought to be unsustainable. CCN: Let’s start with the fundamentals. What
  The post Building a Commission-Free Crypto exchange: An Interview with the CEO of Digitex appeared first on CCN
  
  Read more

• Institutional Investors Continue Foray Into Crypto, Yet Prices Remain Low

  05-11-2018 09:01 via newsbtc.com
  Amid 2017’s roaring bull run, which saw the crypto market’s value swell from $20 billion to $800 billion, institutional players, such as hedge funds and endowments, were evidently hesitant to step foot in this industry. But now, analysis done by Morgan Stanley indicates that institutions have begun to accumulate crypto en-masse, presumably due to the fact that cryptocurrencies are still situated in the bargain bin.
  “The Virus Is Spreading”: Institutional Money Pours
  
  Read more

Follow @CryptoNewslock on Twitter!