Cryptocurrency news

• Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized — And That’s OK

  17-11-2018 23:01
  Everyone’s heard of Litecoin. Not to mention its charismatic creator Charlie Lee who sold all his LTC at the end of last year. A surprise move. Yet one that was meant to remove any conflict of interest between his active social media presence and the price of the coin he created. But did you know
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• New York: DFS Grants BitLicense to Crypto Custodian

  17-11-2018 21:45
  The New York Department of Financial Services (NYDFS) has issued a BitLicense to NYDIG Execution LLC, a subsidiary of New York Digital Investment Group (NYDIG LLC). In a statement published this week, the regulator revealed that the crypto custodian had been granted a virtual currency license and a money transmission license. In addition, another NYDIG subsidiary, NYDIG
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• $50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ

  17-11-2018 20:35
  SALT Lending, a cryptocurrency loan provider who raised tens of millions of dollars during through an initial coin offering (ICO) with support from crypto pioneer Erik Voorhees, has become the latest blockchain firm to attract the attention of US securities regulators. Crypto Loan Provider SALT under SEC Investigation The Wall Street Journal reports that the
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• Why the earnings season matters (and why you should be following it)

  17-11-2018 20:14 via crypto-news.net
  The earnings season is upon us. Leading publicly traded companies from around the world are reporting their earnings and the investment community is watching closely. An earnings report is a key indicator of a company’s performance and can often impact a stock’s price significantly.
  To learn more about the earnings season, check out this video:Diversify your trading strategy with stocks
  In 2018, the crypto market experienced several stints of relative stability and lower volatility,
  
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• Crypto at a loss of $6 billion in just 48 hours – BTC stays afloat then dives to $5000s figure

  17-11-2018 20:00 via crypto-news.net
  November’s second week happened to be quite a lucrative one for an array of tokens including Stellar, Ethereum, Cardano and Ripple as they surged by up to 30 percent, which is quite an unusual thing, given the recent trends. Well, the primary credit for this short-term exponential growth goes to BCH as it managed to climb up the ladder with an increase of about 40% in merely 2 days.
  However, there was a dark side to the market as well. While some of the most popular currencies boosted in v
  
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• Hash Wars: Calvin Ayre & CoinGeek Refuse to Concede Defeat in Bitcoin Cash Fork Fight

  17-11-2018 19:30
  Shots were fired Thursday afternoon, as CCN received a press release from Calvin Ayre’s CoinGeek which contained some interesting words that are sure to heat up the discussion around the chainsplit and intentional hard fork in Bitcoin Cash. One of the quotes from Calvin Ayre elucidates his feeling that all is not well on the
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• Crisis: After $30 Billion Invested, Most Crypto ICOs Have Nothing to Show

  17-11-2018 18:48
  Over the past two years, initial coin offering (ICO) projects in the crypto market have raised more than $30 billion. Yet, most ICO projects have little to show, especially pertaining to user growth, blockchain adoption, and overall user activity on decentralized systems. It Will Only Get Worse A handful of tokens have demonstrated success in
  The post Crisis: After $30 Billion Invested, Most Crypto ICOs Have Nothing to Show appeared first on CCN
  
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• BuckyCoin Launches First Ever Cryptocurrency Backed by Decentralized Content Distribution Network & Own Content

  17-11-2018 17:04
  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
  The post BuckyCoin Launches First Ever Cryptocurrency Backed by Decentralized Content Distribution Network & Own Content appeared firs
  
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• Debunked: Top European Central Bank Official’s False Arguments Against Bitcoin

  17-11-2018 16:35
  Benoît Cœuré, a member of the Executive Board of the European Central Bank, condemned Bitcoin (BTC), describing it a bubble, ponzi scheme, and an environmental disaster. “Lightning may strike me for saying this in the Tower of Basel — but bitcoin was an extremely clever idea. Sadly, not every clever idea is a good idea.
  The post Debunked: Top European Central Bank Official’s False Arguments Against Bitcoin appeared first on CCN
  
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• How SEC’s Paragon Ruling Could Send Many Crypto ICOs to Bankruptcy

  17-11-2018 14:50
  The recent crackdown on two initial coin offerings (ICOs) Paragon and AirFox by the U.S. Securities and Exchange Commission (SEC) could lead to many blockchain and crypto projects declaring bankruptcy in the coming months. As CCN reported on November 16, Paragon and AirFox were ordered to pay a $350,000 fine to the U.S. SEC and
  The post How SEC’s Paragon Ruling Could Send Many Crypto ICOs to Bankruptcy appeared first on CCN
  
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• Crimea to Set Up Blockchain University to Help Countries Evade U.S. Sanctions

  17-11-2018 14:30 via newsbtc.com
  Crimea, a disputed territory between Ukraine and Russia, is heading towards the creation of an international center for blockchain technology. Authorities in the Crimean Peninsula regard blockchain technology as a solution for states under international sanctions. Crimea was annexed by the Russian Federation in 2014 following a coup d’etat in Ukraine. The majority of international governments, however, continue to regard Crimea as an integral part of Ukraine.
  Russian-Annexed Crimea Finds C
  
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• Get Your Knowledge on Track with Bob the Blocktrain

  17-11-2018 14:01
  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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• Are You Bothered by Shallow Project Reviews?

  17-11-2018 14:00 via newsbtc.com
  Those who want to support the blockchain community must call out the sarcasm and half-truths of shallow reviews. Or should we even bother about this issue?
  Journalistic freedom (or freedom of expression and its corollaries, press freedom and freedom of information) is both a right and a responsibility. If you throw a punch as a writer, you should be able to parry counterpunches. Everything should be in the spirit of getting to the bottom of things.
  A press statement might be partly true, or only
  
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• Industrial-Scale Adoption of Blockchain Likely in 1-2 Years, Says CEO of Russia’s Largest Bank

  17-11-2018 13:15
  Industrial-scale adoption of blockchain technology will surge in the next year or two. That’s the prediction of bitcoin advocate Herman Gref, the CEO of Sberbank — Russia’s largest bank and the third-largest bank in Europe. Gref said the hype surrounding blockchain has waned a bit, but its many uses will be applied in the near future.
  The post Industrial-Scale Adoption of Blockchain Likely in 1-2 Years, Says CEO of Russia’s Largest Bank appeared first on CCN
  
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• Crypto Experts Slash Bitcoin Price Predictions: Fact is, No One Knows

  17-11-2018 13:00 via newsbtc.com
  The recent crash in the crypto market has led Wall Street investors to slash their Bitcoin price prediction by half.
  Tom Lee, the co-founder of Fundstrat Global Advisors, lowered his year-end expectations to $15,000 from $25,000. Lee’s prediction came after BTC broke below its so-called bottom at $6,000. Before the crash, the said level was considered to be a break-even point for miners. Based on that, Lee estimated that BTC price should be at least 2.2 times higher than the break-even poi
  
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• Australia: Bitcoin Trumps iTunes Vouchers as Preferred Payments for Tax Scammers

  17-11-2018 12:50
  As the tax season approaches, Australians have more reasons to be wary of persons claiming to be from the Australian Taxation Office (ATO). In the four months since July 1, Australians have lost nearly AU$1 million to scammers posing as the tax officials according to the ATO. During the same period where more than 28,000
  The post Australia: Bitcoin Trumps iTunes Vouchers as Preferred Payments for Tax Scammers appeared first on CCN
  
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• Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

  17-11-2018 12:00
  The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
  
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• Tutorial: How to Use CoinDesk’s Crypto-Economics Explorer

  17-11-2018 11:30
  CoinDesk's Crypto-Economics Explorer is our innovative new data tool that brings together a host of data types. Here's how to make the most of it.
  
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• Tom Lee’s Big Bitcoin Price Prediction Dropped to $15,000

  17-11-2018 11:30 via newsbtc.com
  Fundstrat’s Tom Lee, often referred to as the ‘crypto bull’, has revised his end of year Bitcoin price prediction from $25,000 down to $15,000, which is still pretty optimistic looking at the state of things today.
  Bitcoin at $15k By Year End
  Speaking to CNBC the co-founder of Fundstrat Global Advisors said that the key issue was Bitcoin’s ‘break-even point’, a level where mining costs match the trading price. For Bitmain’s flagship S9 Antminer the level
  
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• Oxfam Formally Launches Blockchain Platform for Rice Farmers in Cambodia

  17-11-2018 11:27
  Oxfam has launched a blockchain project for farmers dubbed BloCRice, which seeks to increase the bargaining power of farmers by digitally connecting every player in the supply chain on one platform, local Cambodian news outlet reports. Based on the report, the new platform will leverage on smart contracts to build digital agreements between organic farmers
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• Crypto Markets Slide Further With Over $30 Billion Dumped Since Last Weekend

  17-11-2018 10:00 via newsbtc.com
  FOMO Moments
  Markets suffer 15% drop in a week; Bitcoin Cash getting smashed, BNB, Nano also hurting.
  More losses have been recorded on crypto markets over the past 24 hours as the weekend sees digital currencies continue their downward slide. Total market capitalization has slid back towards $180 billion and is not far away from another new low for the year.
  Bitcoin is weak, showing no positive signals at all as it continues its free-fall, losing over $1,000 in less than a week. Currently tradi
  
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• Another $4 Billion Drop: Crypto Market Downtrend Continues as Bitcoin Cash Falls

  17-11-2018 09:08
  Over the last 24 hours, the valuation of the crypto market has fallen from $185 billion to $181 billion, by around $4 billion. On November 15, amidst one of the worst single-day corrections in all of 2018, the crypto market saw a wipeout of more than $27 billion. The market extended losses throughout the past
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• Switzerland gives green light to first cryptocurrency ETP | Financial ... - Financial Times

  17-11-2018 06:00 via ft.com
  Financial Times
  Switzerland gives green light to first cryptocurrency ETP | Financial ...
  Financial Times
  Launch comes as bitcoin drops to lowest level for more than a year.and more »
  
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• Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

  17-11-2018 03:40
  The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June
  The post Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding appeared first on CCN
  
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• SEC Takes Down Two Crypto Startups for Illegal ICOs

  17-11-2018 02:31
  Dutiful CCN readers may recall this journalist’s questioning of the Paragon ICO over a year ago. Paragon responded to that article with legal threats, as noted in the author’s subsequent analysis of the initial coin offering in question. Now that some time has gone by, and the whole market capitalization of Paragon is about a
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• Crypto Startups More Valuable Than Blockchains — Can the Trend Change?

  17-11-2018 01:20
  In the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the cryptocurrency ecosystem. At the time, for venture capital investors, direct investments in digital assets and cryptocurrencies seemed substantially more profitable than early-stage funding rounds in
  The post Crypto Startups More Valuable Than Blockchains — Can the Trend Change? appeared first on CCN
  
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• Twitter on the Defensive, Blames Third-Party App for Recent Scams

  17-11-2018 01:00 via newsbtc.com
  Twitter is pointing the finger at an unnamed third-party app as the party responsible for a string of cryptocurrency giveaway scams in recent weeks involving some major brands.
  Throughout the year, the popular social media platform Twitter has been in a losing battle against a massive botnet and cybercriminals who are hijacking prominent, verified accounts and using them to steal cryptocurrencies from their user base. 
  Despite the problem being a lingering one, in recent weeks, the frequenc
  
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• Activision Alums Raise $16 Million to Build EOS-Focused Blockchain Game Studio

  17-11-2018 00:35
  Mythical Games is “a next-generation game technology studio.” Their focus is online games where players own the assets they develop or acquire in the game – true digital ownership powered by the blockchain, as opposed to managed digital ownership backed by centralized servers. It’s an important difference. When a player acquires assets in a game
  The post Activision Alums Raise $16 Million to Build EOS-Focused Blockchain Game Studio appeared first on CCN
  
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• Analysts Continue to Predict a Nearing Crypto Bull Run, But Data is Mixed

  17-11-2018 00:15 via crypto-news.net
  Earlier this week, Changpeng Zhao, CEO of Binance, expressed optimism about Bitcoin experiencing a bull run, moving up substantially in value and reversing its months long decline. Other notable figures in the crypto space have expressed similar opinions, such as hedge fund manager Mike Novogratz, who operates Galaxy Digital, the largest crypto fund on Wall Street. These opinions reflect a general belief among crypto advocates that, despite the seemingly endless slide in market caps across almos
  
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• Daily Crypto Roundup 11/16/2018

  17-11-2018 00:00
  As the dust settles from yesterday’s Bitcoin Cash fork, EOS sees decentralization issues, a possible bounce for Bitcoin, big inflatable Bitcoin rat protesting, further SEC ICO rulings, and the use of cryptocurrencies in Venezuela. Catch up on today’s news details.
  EOS Stolen Funds Arbitration Ruling Scoffs At Decentralization
  EOS has seen significant attention during many points this year. EOS looked to provide a decentralized scalable option. Although EOS’ true decentralizatio
  
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