Cryptocurrency news

• Tether Exec Refutes Bloomberg, Reassures Investors Crypto Isn’t Manipulated

  24-11-2018 23:37
  Leonardo Real, the chief compliance officer of Tether LLC, believes an organized campaign established by many publications is targeting crypto token Tether (USDT) and its partner banks. In an interview with Cryptonews, the Tether executive reaffirmed that its stablecoin known as USDT is fully backed by the US dollar, citing the attestation reports released by
  The post Tether Exec Refutes Bloomberg, Reassures Investors Crypto Isn’t Manipulated appeared first on CCN
  
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• New SEC Regulations Accelerate ICO and Cryptocurrency Fundraising - CryptoSlate

  24-11-2018 23:35
  CryptoSlate
  New SEC Regulations Accelerate ICO and Cryptocurrency Fundraising
  CryptoSlate
  New regulations from the SEC have made it easier than ever to raise funds for cryptocurrency projects. The two regulations, Reg. Crowdfunding (C.F.) and Reg. A, allow companies to secure between $1 million and $50 million. These new avenues for ...
  
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• Newsflash: Bitcoin Price Plummets to $3,755 to Set another Yearly Low

  24-11-2018 22:51
  The bitcoin price on Saturday dove below the $4,000 mark for the first time in 2018, forcing the flagship cryptocurrency to a new yearly low. Technical analysts had predicted that further losses awaited bitcoin over the weekend, and those bearish forecasts were proven correct. After extending as high as $4,370 in the early morning hours,
  The post Newsflash: Bitcoin Price Plummets to $3,755 to Set another Yearly Low appeared first on CCN
  
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• How Crypto Social Network Minds is Using Ad Buys to Create a ‘Semi-Stablecoin’

  24-11-2018 22:36
  All the talk about stablecoins has people re-examining the actual value of crypto tokens and the associated markets. The discussion is particularly relevant during a bear assault on the whole crypto market, like the one we’re seeing now. Frequent Bitcoin commentator and Cornell professor Emin Gün Sirer believes there is a distinct difference between a … Continued
  The post How Crypto Social Network Minds is Using Ad Buys to Create a ‘Semi-Stablecoin’ appeared first o
  
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• No, Governments Can’t do a Better Job Developing Crypto

  24-11-2018 22:08 via newsbtc.com
  Would a state-backed cryptocurrency be better than its decentralized counterpart? International media has already rolled out their opinions on the matter. It’s a YES-IT-CAN.
  The opinions find their inspirations in comments made by Christine Lagarde last week. The head of the International Monetary Fund (IMF) said that a government-backed cryptocurrency would eliminate the issues of trust that have clogged the decentralized cryptocurrencies like Bitcoin.
  New York Times reacted to
  
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• Should’ve Used Blockchain: VA Unable to Process GI Bill Payments for Veterans

  24-11-2018 21:35
  The US government has come a long way in thanking its service members. This country has always had a disability pension for injured veterans, according to a document published by the Department of Veterans Affairs (VA), which is the organization in charge of veterans benefits these days. VA Falls Behind on GI Bill Payments Today, … Continued
  The post Should’ve Used Blockchain: VA Unable to Process GI Bill Payments for Veterans appeared first on CCN
  
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• Tron [TRX/USD] Technical Analysis: Justin Sun led cryptocurrency continues to wither away in the bear market - AMBCrypto

  24-11-2018 21:30
  AMBCrypto
  Tron [TRX/USD] Technical Analysis: Justin Sun led cryptocurrency continues to wither away in the bear market
  AMBCrypto
  The bear market has been something of a consistent phenomenon with most of the cryptocurrencies on the charts undergoing a serious bull drought. Bitcoin [BTC], which started the market crash roughly two weeks back, has resulted in several coins like ...and more »
  
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• Colorado securities commissioner signs 18 orders halting cryptocurrency ICOs - Colorado Springs Business Journal

  24-11-2018 20:35
  Colorado Springs Business Journal
  Colorado securities commissioner signs 18 orders halting cryptocurrency ICOs
  Colorado Springs Business Journal
  Colorado Securities Commissioner Gerald Rome has now signed orders for 18 initial coin offerings directing them to stop offering the unregistered securities in Colorado, the Department of Regulatory Agencies has announced. At least two more orders are ...
  
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• $2 Million: Lightning Network Hits Record Capacity Despite Bitcoin Price Decline

  24-11-2018 20:25
  Perhaps it’s unsurprising to readers familiar with Blockstream CEO Adam Back’s recent prediction of a $500,000 Bitcoin, but one of the blockchain startup’s chief technological efforts, the Lightning Network (LN) — which facilitates off-chain Bitcoin payments instantly at very little cost — saw a rise to over $2 million in capacity while the price of … Continued
  The post $2 Million: Lightning Network Hits Record Capacity Despite Bitcoin Price Decline appeared
  
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• Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge - Bitcoin News (press release)

  24-11-2018 19:00
  Bitcoin News (press release)
  Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge
  Bitcoin News (press release)
  Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim to a number of Ponzi schemes, including the D9 Club, which promised to pay ...
  
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• Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data

  24-11-2018 18:49
  Citing Chainalysis data, Reuters is reporting that Bitcoin retail payments were down 80% in September, and no mention of a rebound was present. Several things are to blame, including scalability of Bitcoin transactions (and the expensive nature of them as a result) and the volatility of the currency itself. In order to have mass adoption and
  The post Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data appeared first on CCN
  
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• Big Milestone: Bitcoin on Track to Transfer More Value Than Mastercard Daily

  24-11-2018 17:13
  With a daily transaction volume of over $8 billion, Bitcoin (BTC) is on track to overtake Mastercard, the second largest credit card network in the world, in volume. On October 30, Mastercard released its financial results of the third quarter of 2018. Year-to-date, the credit card company has processed around $4.4 trillion. On a daily
  The post Big Milestone: Bitcoin on Track to Transfer More Value Than Mastercard Daily appeared first on CCN
  
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• Cryptocurrency Winter Special: Two to HODL and One to FODL - Bitcoinist

  24-11-2018 17:02
  Bitcoinist
  Cryptocurrency Winter Special: Two to HODL and One to FODL
  Bitcoinist
  This week provides another opportunity for a cryptocurrency HODL vs. FODL analysis. With Black Friday having just passed this is the perfect opportunity to do some shopping. Cryptocurrency Winter is Here. BTC $6495.86 +0.51% having fallen more than ...and more »
  
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• All There Is To Know About Bots' Role In Cryptocurrency Trading - Forbes

  24-11-2018 16:45
  Forbes
  All There Is To Know About Bots' Role In Cryptocurrency Trading
  Forbes
  Trading bots and algorithmic high-frequency trading are ubiquitous on Wall Street, but cryptocurrency networks offer a unique environment for them to help reduce risk, experiment with new methods and even take advantage of market manipulation.
  
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• Novogratz: Trying to Start a Bitcoin Business in This Market Climate ‘Sucks’

  24-11-2018 15:45
  Crypto investor Mike Novogratz has expressed dissatisfaction with the level of difficulty involved in trying to build a cryptocurrency business amidst a persistent bear market, even as he remains bullish on the prospects of his company and the wider crypto space in the long term. Speaking to the Financial Times, the former Goldman Sachs partner and
  The post Novogratz: Trying to Start a Bitcoin Business in This Market Climate ‘Sucks’ appeared first on CCN
  
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• Bitcoin Cash Extends Loss to 7%, at Risk of Dipping to New All-Time Low

  24-11-2018 14:30 via newsbtc.com
  Bitcoin Cash (BCH) remains bearish on Friday as the vortex adjoining last week’s controversial hard fork continued to inject the market with negative sentiments.
  The BCH/USD, after aggregating market cap of the original BCH and the forked Bitcoin ABC, is trading at 206.79, down 6.57 percent from its intraday high at 221.34. The pair in the past hour has corrected higher, but the volume of the small uptrend is dying. What it indicates at it is at most a bearish pennant, forming because of t
  
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• US, Korea, China Stock Markets Plummet: is Crypto Correlated?

  24-11-2018 14:24
  The crypto market is continuing to lose its value as the U.S., South Korea, and China demonstrate record high losses in their respective stock markets. As an alternative store of value, cryptocurrencies are considered as viable long-term investments, especially by millennials, in a period of global financial market instability and volatility. However, recent weeks have
  The post US, Korea, China Stock Markets Plummet: is Crypto Correlated? appeared first on CCN
  
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• Moozicore Holding Company Launches MooziCoin Gold (MZG) Token Sale As They Introduce Groundbreaking Platform

  24-11-2018 13:11
  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 Moozicore Holding Company Launches MooziCoin Gold (MZG) Token Sale As They Introduce Groundbreaking Platform appeared first on CC
  
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• Lead Monero Dev Slams BAT Policies, Brave Founder Clarifies

  24-11-2018 13:08 via newsbtc.com
  The lead developer for Monero slammed BAT over its policies and “awful design decisions,” putting Brave founder Brendan Eich on the defensive.
  Monero Dev Compares BAT to The Mafia
  Monero frontman Ricardo “fluffypony” Spagni took to Twitter on Thanksgiving not to give thanks, but to give Basic Attention Token (BAT) a verbal beating, comparing the utility cryptocurrency token developers to “the mafia.” The heavily opinionated developer also called BAT “cen
  
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• Norway Ends Power Subsidies for Cryptocurrency Miners - Blokt

  24-11-2018 13:03
  Blokt
  Norway Ends Power Subsidies for Cryptocurrency Miners
  Blokt
  Norwegian news outlet Aftenposten reported recently that the government wants cryptocurrency miners to have standard power tariffs instead of their previously subsidized rates. The revised power rates will be effective from the New Year, raising the ...
  Chinese Cryptocurrency Miners Rush to Liquidate their HardwareDaily Forex Reportall 22 news articles »
  
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• Free Software Messiah Richard Stallman: We Can Do Better Than Bitcoin

  24-11-2018 13:00
  Richard Stallman, founder of the free software movement, is building a privacy-focused cryptographic payments system, but says it's not a cryptocurrency.
  
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• Nigeria's Authorities Seek Cryptocurrency Regulatory Frameworks Against Criminal Activities - Coingape

  24-11-2018 12:33
  Coingape
  Nigeria's Authorities Seek Cryptocurrency Regulatory Frameworks Against Criminal Activities
  Coingape
  The anonymous digital cash is widely used for criminal activities – for instance, Coingape reported, ISIS ruins war due to the huge investment in crashing crypto marke. A conference conducted by the Presidential Advisory Committee against Corruption ...and more »
  
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• Crypto Market Recovers by $3B: Oversold Conditions Show Bitcoin Bottom

  24-11-2018 12:24
  In the last 24 hours, the valuation of the crypto market increased from $137 billion to $140 billion after a minor recovery of around 2 percent. Both major cryptocurrencies and small market cap tokens have ended the day with relatively minor losses in the range of 1 to 3 percent. Is Bottom Near For Bitcoin?
  The post Crypto Market Recovers by $3B: Oversold Conditions Show Bitcoin Bottom appeared first on CCN
  
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• The SEC’s Recent Rulings Are More About Exchanges Than ICOs

  24-11-2018 12:20
  The SEC's focus on crypto exchanges may disrupt some business models, add compliance and paperwork costs, and perhaps trigger a sector concentration.
  
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• The Entire Cryptocurrency & Blockchain Space Now Worth Less Than McDonald's - Blockonomi (blog)

  24-11-2018 11:38
  Blockonomi (blog)
  The Entire Cryptocurrency & Blockchain Space Now Worth Less Than McDonald's
  Blockonomi (blog)
  Well, how do you like that? The entire cryptocurrency market is now worth less than the McDonald's fast food franchise. Following the persistent price drops of cryptocurrencies like bitcoin, the entire digital asset market is worth less than a company ...
  
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• Tezos Korea Foundation Joins Forces with Yonsei University to Promote Blockchain

  24-11-2018 11:25
  The South Korean arm of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University for the development of unique talents and expertise in blockchain technology, according to a press release  published by Tezos. The release reads: “Through this agreement, both sides will strengthen the expertise of the blockchain and education expertise,
  The post Tezos Korea Foundation Joins Forces with Yonsei University to Promote Blockchain appeared first on CCN
  
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• Cryptocurrency Market Update: No Recovery From Recent Rout ... - newsBTC

  24-11-2018 11:04
  newsBTC
  Cryptocurrency Market Update: No Recovery From Recent Rout ...
  newsBTC
  FOMO Moments Markets are still flat showing no sign of recovery; Monero, Iota and Bitcoin Gold making small gains. The weekend situation on crypto markets ...and more »
  
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• Cryptocurrency Market Update: No Recovery From Recent Rout

  24-11-2018 11:00 via newsbtc.com
  FOMO Moments
  Markets are still flat showing no sign of recovery; Monero, Iota and Bitcoin Gold making small gains.
  The weekend situation on crypto markets remains grim. There has been no recovery from an epic dump down to a new yearly low yesterday as total market capitalization is still around $140 billion.
  Bitcoin has clawed back a couple of percent on the day to take it to $4,360 after dumping to a new low of $4,195 yesterday. The predictions are not pretty however and many expect BTC to drop
  
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• The great cryptocurrency crash of 2018 may not be over - South China Morning Post

  24-11-2018 10:48
  South China Morning Post
  The great cryptocurrency crash of 2018 may not be over
  South China Morning Post
  The great cryptocurrency crash of 2018 is heading for its worst week yet. Bitcoin slipped closer to $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index's decline since Nov. 16 to 24 percent. That's the worst ...
  Cryptocurrency losses approach 0 billion as crash continuesMyBroadband
  No bottom in sight as cryptocurrency pain deepensTechCentral
  Crypto los
  
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• US Military’s DARPA Program Hops on the ‘Blockchain Not Bitcoin’ Bandwagon

  24-11-2018 08:49
  The Defense Advanced Research Projects Agency (DARPA) is seeking to get a better understanding of permissionless blockchains, but Bitcoin does not appear to be invited to the party. To achieve this enhanced insight into blockchain technology, the US Department of Defense agency has sent out a request for information (RFI) on permissionless distributed consensus protocols,
  The post US Military’s DARPA Program Hops on the ‘Blockchain Not Bitcoin’ Bandwagon appeared first on CCN
  
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• Hacked Japanese cryptocurrency exchange Zaif sells exchange to rival Fisco - Chepicap

  24-11-2018 08:01
  Chepicap
  Hacked Japanese cryptocurrency exchange Zaif sells exchange to rival Fisco
  Chepicap
  Japanese cryptocurrency exchange Zaif, has been bought out by a rival Japanese cryptocurrency exchange. Fisco has taken over operations of Zaif following a takeover of the company. Zaif exchange made headlines recently following the massive $60 ...and more »
  
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• Cryptocurrency Exchange Bitex Launches Wallet and Trading Service in the UAE - Ethereum World News (blog)

  24-11-2018 07:56
  Ethereum World News (blog)
  Cryptocurrency Exchange Bitex Launches Wallet and Trading Service in the UAE
  Ethereum World News (blog)
  Cryptocurrency exchange platform, Bitex UAE, recently set up in the UAE, in addition to launching a cryptocurrency wallet along with a trading platform. Cryptocurrency Wallet and Trading Available in UAE. According to Trade Arabia, digital currency ...and more »
  
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• Altcoins Price Analysis: LTC/USD Set for $20 after Dropping to 8th

  24-11-2018 04:15 via newsbtc.com
  Even with listing at Bitex, LTC/USD is facing upside resistance and is now trading below $30. Moving on, this is definitely inviting for sellers just like it is with Monero—XMR/USD and at EOS/USD. All in all, before sharp drops print, it is likely that bears will slow down allowing for minor recovery towards immediate resistances.
  Let’s have a look at these charts:
  EOS/USD Price AnalysisPrice movements are tight and previous EOS/USD trade plans are valid. For all we can draw from the
  
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• Teenage Bomb Hoaxer Jailed after Banking $800,000 in Bitcoin

  24-11-2018 03:51
  An American-Israeli teenager who made bomb threats for a living has been sentenced to a decade in prison by a Tel Aviv court after making a small fortune in bitcoin. According to prosecutors, 19-year old Michael Kadar was responsible for around 2,000 bomb hoaxes between 2015 and 2017, threats which earned him the nickname the
  The post Teenage Bomb Hoaxer Jailed after Banking $800,000 in Bitcoin appeared first on CCN
  
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• Ripple Price Analysis: XRP/USD is Bullish, Coin a Store of Value

  24-11-2018 03:30 via newsbtc.com
  Latest Ripple News
  Considering prevailing market conditions, it is clear that it has been a tough week for market participants. With double digit losses and breaks below important support levels, the meltdown was—and continues to be unforgiving. But even as participants despair, XRP did emerge as the winner of the “store of value” race edging Bitcoin and flipping Ethereum as the second most valuable coin in the space.
  Read: The Crypto Bubble Hasn’t Burst, It Hasn’t
  
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• BTC/USD Price Analysis: Bitcoin Moving in a $400 Range with Resistance at $4,700

  24-11-2018 03:00 via newsbtc.com
  The path of least resistance is clear and as long as prices are trading below $4,700 then we could see further declines towards $3,000 or lower. But even as analysts and investors track price, the survival of Bitcoin conjures memories of the dot com bubble. It did burst; birthing Amazon and Google, companies that wield so much control with individual market caps more than triple that of cryptos.
  Latest Bitcoin News
  Much has been talked about price, the collapse and the effect of low trading volu
  
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• Bitcoin Price Will Likely Bottom at $3,000: Genesis Trading CEO

  24-11-2018 02:48
  Genesis Trading CEO Michael Moro has predicted that bitcoin will bottom out at about $3,000 after a week that has seen the leading cryptocurrency fall as low as $4,035. Speaking to CNBC, Moro stated that he does not expect the $4,000 support level to hold out much longer as selling pressure from pre-2017 bitcoin investors
  The post Bitcoin Price Will Likely Bottom at $3,000: Genesis Trading CEO appeared first on CCN
  
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• Amazon Survived an Asset Bubble — Bitcoin Will Too: Crypto VC

  24-11-2018 01:14
  For the co-founder and partner of cryptocurrency firm CryptoOracle, Lou Kerner, patience is key when it comes to investing in bitcoin. Speaking to CNBC, Kerner said bitcoin investors should take comfort in the example of tech giant Amazon, which lost significant value when the dot-com bubble burst but has now emerged as the world’s largest
  The post Amazon Survived an Asset Bubble — Bitcoin Will Too: Crypto VC appeared first on CCN
  
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• Bitcoin Miners are Selling Old ASICs for Scrap Metal as Price Decline Hastens Obsolescence

  24-11-2018 00:11
  Over the past several days, there has been much debate within cryptocurrency circles about a series of videos and images allegedly showing Chinese crypto mining firms dumping bitcoin miners on the street. BRUTAL: this is what’s happening now in a China based mining site …. 😨😨 pic.twitter.com/gcN4lVTyBt — Dovey Wan 🦖 (@DoveyWan) November 20, 2018
  The post Bitcoin Miners are Selling Old ASICs for Scrap Metal as Price Decline Hastens Obsolescence appeared
  
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• EY to Hire 2,000 People Across Blockchain, AI in India in the Next Three Years

  24-11-2018 00:00 via newsbtc.com
  Ernst Young, one of the largest professional services firms in the world, will be hiring 2,000 employees in India in the next three years as part of its plan to build up its digital solution services in a number of domains including blockchain technology.
  EY to Invest $1 Billion to Expand into Blockchain, AI
  EY, which predicted in 2016 that large-scale implementation of blockchain technology would take at least three to five years, said in a report that companies who invest, experiment and
  
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