Cryptocurrency news

• Bitcoin Price Stabilizes above $3,500 as CME Futures Expiry Approach

  27-11-2018 23:16
  Bitcoin on Tuesday showed some signs of bottoming out as it consolidated sideways a little above $3,500, its psychological support. The BTC/USD is now trading at 3734-fiat, up 1.58% from the previous day close. Meanwhile, the pair is trading inside a range that is no more than $230 wide. Though volatile, the choppy price action
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• Sidechains Could Trigger an influx of ICOs to Bitcoin

  27-11-2018 23:00 via crypto-news.net
  We have seen how the upcoming of ICOs has revolutionized the crypto landscape and escalated the market presence of Ethereum. It seems Bitcoin is about to go on the same track. At the end of 2018, a pioneer ICO will be launched on the network. It cannot be denied that the idea of hosting ICOs has been around the internet for a long while now, probably soon after Bitcoin itself was launched, but since the technical scope was quite limited, entrepreneurs often preferred Ethereum, which is part of t
  
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• CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It

  27-11-2018 23:00 via newsbtc.com
  While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin’s long-term survival as an asset and currency depends upon people believing in it.
  Bitcoin’s Long-Term Survival Will Be Determined By Its Users
  The current price action witnessed with Bitcoin, is enough to shake even the strongest investor’s hands.
  The continued price decline and the recent break of important support that took the cryptocurrency to new lows has created
  
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• SEC Chair Clayton: Crypto ETF Needs Exchanges ‘Free From Manipulation’

  27-11-2018 22:17
  Token issuers looking to fund their businesses with the proceeds should "start with the assumption that it's a securities offering," according to the SEC's Jay Clayton.
  
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• Barry Silbert: Bitcoin Cash Fork Is a Distraction, Confusing for New Investors

  27-11-2018 22:00 via newsbtc.com
  Barry Silbert, founder of Digital Currency Group, has weighed in on the current state of the cryptocurrency industry. Amongst other topics, the early Bitcoin investor and proponent commented on the recent Bitcoin Cash hard fork.
  Silbert: BCH Fork Was a “Disservice” to the Industry
  One of cryptocurrency’s early proponents and the founder of blockchain startup incubation and investment firm DCG has today been interviewed about all things crypto. Barry Silbert appeared on CNBC&rsq
  
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• Bitcoin SV Joins Top Cryptocurrency Ranks after Climbing 48% in a Week

  27-11-2018 21:59
  The hash war between the Bitcoin ABC and Bitcoin SV camps have officially come to an end. But the one that conceded defeat surprisingly gained more than the one that won. Bitcoin SV, the brainchild of Dr. Craig Wright backed by CoinGeek mining pool boss Calvin Ayre, surged circa 48 percent in a week. The … Continued
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• Analyst Claims Bitcoin to Test $2,970 is Likely in the Short-Term

  27-11-2018 21:00 via newsbtc.com
  The cryptocurrency markets have held steady today and have given investors a welcome reprieve from what seems like a constant downturn, with the overall markets trading sideways after experiencing nearly two weeks of consistent price plunges.
  At the time of writing, Bitcoin is trading down 1.1% at its current price of $3,730, trading choppily over the past 24-hours between a range of approximately $3,640 and $3,800. Bitcoin is currently trading down 43% from its one-month highs of $6,600, and on
  
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• How Blockchain Can Change the Way NGOs Operate for the Better

  27-11-2018 20:58 via feedproxy.google.com
  
  Non-governmental organisations, or NGOs, which aim to tackle some of society’s most difficult and pressing issues, often encounter problems of their own, while trying to solve the problems of others. NGOs run into difficulty in terms of gaining and maintaining the support of the general population as well as from larger donors, raising funds, and […]
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• ‘Blockchain Revolution’ Is Bigger Than Anything We’ve Seen in History: Overstock CEO

  27-11-2018 20:55
  Overstock founder and CEO Patrick Byrne is exiting the retail business so he can focus on blockchain because he believes it’s a disruptive technology that will transform the world. “The blockchain revolution has a greater potential than anything we’ve seen in history,” Byrne told Fox Business on Nov. 26 (video below). “It’s bigger than the … Continued
  The post ‘Blockchain Revolution’ Is Bigger Than Anything We’ve Seen in History: Overs
  
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• Three Months after Exchange Listing, Coinbase Wallet Supports Ethereum Classic

  27-11-2018 20:03
  Users of Coinbase Wallet will now be able to send as well as receive Ethereum Classic. In a blog post, cryptocurrency exchange Coinbase indicated that support has now been extended to not just Ethereum Classic but also to the more than 100,000 ERC20 tokens which exist in the Ethereum blockchain. Users of the wallet will,
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• Investor: China Has a “Love-Hate” Relationship with Crypto and Blockchain

  27-11-2018 19:30 via newsbtc.com
  It’s no secret that China has a long and complicated history with cryptocurrency and blockchain technology, at times showing their love and hopefulness for the latter, while frequently taking actions to prohibit the use of the former.
  While speaking at East Tech West, Edith Yeung, the head of 500 Startup’s China unit, spoke to CNBC about this complex relationship, detailing the division between the government’s views on blockchain and cryptocurrency.
  China Has a Long
  
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• El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

  27-11-2018 19:28
  Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.
  
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• Next Big Crypto Market? Cash is Rapidly Disappearing in Sweden

  27-11-2018 18:59
  Half of Sweden’s retailers predict that the country will stop accepting cash by the end of 2025, the New York Times reported. Sveriges Riksbank, the central bank of the country, is already testing a digital currency called the e-krona. Could the declining usage of cash in Sweden lead to a potent market for crypto? Preparing
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• SherCoin Platform and Token Redefines Utility Token Functionality for Mass Adoption

  27-11-2018 18:19
  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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• Op-ed: Tezos well-positioned despite crypto bear market

  27-11-2018 18:17
  With the crypto market bubble bursting before our very eyes, and Bitcoin’s price tanking the entire alt market, we don’t yet know where the dust will settle. Surely there will be projects that can’t survive a market which is strangling them for funding and community interest.
  Despite the ongoing hash wars and Bitcoin price drops, there is one coin that is well-position to fly high over the next 12 months built on solid technology, a strong community, and a well-endowed foundati
  
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• American Woman Faces 20-Year Sentence for Using Bitcoin to Fund ISIS

  27-11-2018 18:00 via newsbtc.com
  A Pakistani-American woman is facing up to 20 years in prison after she admitted to sending Bitcoin to a terrorist organization to fund their deadly criminal operation and activities.
  27-Year-Old New York Woman Funds ISIS with Bitcoin
  Zoobia Shahnaz, a 27-year old New York hospital technician, has admitted to a Federal Court Judge that she took out a fraudulent $22,500 loan and a number of fraudulent credit cards in order to raise a grand total of $62,000. The raised funds were used to buy Bitco
  
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• Billionaire Tim Draper Unfazed By Bitcoin Crash, Boldly Vows Crypto Will Surpass Fiat Money

  27-11-2018 17:59
  Tech billionaire Tim Draper is unfazed by the recent bitcoin crash, and insists that the global economy will soon transition to crypto. In fact, Draper boldly predicts that crypto will eventually overtake fiat money to make up two-thirds of the world’s total currency value. The Silicon Valley venture capitalist said the shift will be inevitable
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• Winter Cometh: Bitcoin to Equal Four Year Record Dropping Four Months in a Row

  27-11-2018 17:00 via newsbtc.com
  Bitcoin has not fallen for four consecutive months and closed November in the red since 2014. As the world’s largest digital currency continues its downward spiral new records are being made, and they are not ones to revere in. It is on track to repeat a record not seen for four years.
  Bitcoin Patterns Back to 2014
  This milestone has been noted by Marketwatch which made the comparison in a report citing Dow Jones Market data. The four in a row began in August when Bitcoin dropped 8% over t
  
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• Takeaways from the CFTC’s Guide to Smart Contracts

  27-11-2018 16:50
  US regulator aims to educate the public on the pluses and minuses of coded agreements.
  
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• Investor: Bitcoin Price Not Escaping $5,000 For 3 to 6 Months in Crypto Winter

  27-11-2018 16:48
  According to Vinny Lingham, the CEO of Civic, the crypto market and Bitcoin could suffer from their bearish trend for at least three to six months. The $3,000 support level has been quite strong Lingham said and in the short-term, the $3,000 support level will likely be maintained with buy orders being set in the
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• Tether Says Customers Can Once Again Deposit and Redeem Fiat

  27-11-2018 16:40
  Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with the euro and U.S. dollar.
  
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• ICE Founder: ‘We’re Kind of Agnostic’ on Bitcoin’s Price

  27-11-2018 16:20
  ICE founder and chairman Jeffrey Sprecher and Bakkt CEO Kelly Loeffler took to the stage during CoinDesk's Consensus: Invest event on Tuesday.
  
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• #GivingTuesday: 100,000 Venezuelans To Receive Crypto Subsidy

  27-11-2018 16:03
  The situation on the ground in Venezuela is unimaginable to those of us from the US and other countries where the type of economic chaos and inflation being wreaked upon the citizens of the Latin American country has not been allowed or felt for several decades. Inflation is estimated somewhere around one million percent for
  The post #GivingTuesday: 100,000 Venezuelans To Receive Crypto Subsidy appeared first on CCN
  
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• Tim Draper: Cryptocurrencies Will Consume Half the Fiat Currency Market

  27-11-2018 16:00 via newsbtc.com
  Bitcoin is having a rough time lately, having been lost more than 80% of its total market cap this year. But the decline has not discouraged Tim Draper from putting his confidence in the crypto technology.
  The renowned venture capital investor predicted that half of the fiat money holders would eventually shift to cryptocurrencies in the future. Speaking on the sidelines of the World Crypto Con conference in Las Vegas, Draper said that bitcoin will lead the new currency market which would e
  
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• Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019

  27-11-2018 16:00
  Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources.
  
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• Bitmain Facing $5 Million Class Action Suit

  27-11-2018 15:57
  A resident of LA accuses Bitmain of a sneaky trick that is affecting tens of thousands of its customers.
  
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• MYTVCHAIN Presents 1st Decentralised Sports Web TV and ICO at Blockshow Asia in Singapore 28th-29th Nov

  27-11-2018 15:20
  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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• Making Cryptocurrency More Environmentally Sustainable - HBR.org Daily

  27-11-2018 15:13 via hbr.org
  Making Cryptocurrency More Environmentally Sustainable  HBR.org DailyLast year, blockchain activity used more power than 159 individual nations.
  
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• BIGToken: Reclaiming Power for Consumers

  27-11-2018 15:07
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Lately, giant tech companies, such as Facebook, have been under scrutiny for their insufficient efforts in keeping the integrity of their users’ private data. While the usage of platforms
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• Bulgarian Authorities Seize $3M in Crypto From Cybercriminals

  27-11-2018 15:03
  Authorities in Bulgari have busted a cybercriminal gang specialising in internet fraud, seizing over $3 million worth of cryptocurrency in the process. Local news platform 24chasa reports that three individuals were arrested and charged with obtaining more than 5 million lev ($3 million) through various illegal internet schemes. This is the latest breakthrough after a
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• Harbor Launches Tokenized Equity Purchases With Real Estate Offering

  27-11-2018 15:00
  Security token startup Harbor is offering its first private placement, allowing investors to buy into a high-rise property.
  
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• Crypto Exec: Bitcoin Will Remain Under $5,000 For At Least Six Months

  27-11-2018 15:00 via newsbtc.com
  Although the crypto industry has its fair share of over-ardent speculators, many of which are blinded by visions of grandeur, high ceilings, and chandeliers, others in this nascent line of business have erred on the side of caution. One such skeptical optimist, known for his intriguing, yet controversial statements, has even claimed that Bitcoin won’t see a breakout until 2019 at the earliest.
  Civic CEO Not Sold On Short-Term Bitcoin Bullishness
  This soothsayer in question is Vin
  
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• Messari Opens Disclosure Registry for Crypto Projects

  27-11-2018 14:59
  Messari is launching a disclosure registry for crypto projects to better inform investors.
  
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• Nasdaq Reportedly Eyeing Bitcoin Futures Launch in Early 2019

  27-11-2018 14:30 via newsbtc.com
  Bitcoin market has plunged by more than 80 percent across the spot markets. But that hasn’t deterred the world’s second largest stock exchange from eyeing it.
  The Nasdaq Stock Market is reportedly looking to list Bitcoin futures on its exchange by Q1 2019, according to a Bloomberg report. The New York exchange operator is taking care of the concerns raised by the Commodity Futures Trading Commission (CFTC), the US’s chief swaps regulator, to ensure a smooth launch of a Bitcoin
  
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• Crypto Exchange Bitstamp Rolls Out Tech to Spot Market Manipulation

  27-11-2018 14:04
  Crypto exchange Bitstamp is upgrading its tech arsenal to better identify suspicious activity and market manipulation.
  
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• Crypto Companies Won’t Escape the Law by Going Offshore

  27-11-2018 14:04
  Some crypto companies have chosen to establish themselves offshore to avoid regulations. Is it worth it?
  
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• Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct

  27-11-2018 14:00
  Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.
  
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• FCA Has Investigated Fifty Cryptocurrency Firms in 2018 So Far

  27-11-2018 14:00
  The number has more than doubled since earlier this year.
  
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• FCA Has Investigated 50 Cryptocurrency Firms in 2018 So Far

  27-11-2018 14:00
  The number has more than doubled since earlier this year.
  
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• Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH

  27-11-2018 14:00 via newsbtc.com
  Bitcoin will bottom out after totaling a plunge of 85% since its all-time high, says Anthony Pompliano.
  The Morgan Creek Digital Partner told CNBC during a grilling interview that it is normal for Bitcoin to undergo bear cycles every once a while. He acknowledged the digital currency’s relevance as a secure transaction settlement layer, adding that such use cases would never let Bitcoin become a worthless asset. 
  “Bitcoin has been the best performing asset class in the last ten
  
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• What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market: Report

  27-11-2018 13:12
  The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019. Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator. The report read: “Nasdaq has
  The post What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market: Report appeared first on CCN
  
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• Breaking: What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market

  27-11-2018 13:12
  The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019. Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator. The report read: “Nasdaq has
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• Cryptocurrency: Here Be Dragons? - Forbes

  27-11-2018 13:00 via forbes.com
  Forbes
  Cryptocurrency: Here Be Dragons?
  Forbes
  Blockchain has got it made. IBM, for example, will sell you a complete enterprise implementation, perfect for those decentralized applications, like tracking where that piece of lettuce really came from. But cryptocurrency? Not so much. It's still ...
  
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• Binance Updates Stablecoin Listings to Create Combined Market

  27-11-2018 13:00 via newsbtc.com
  In an effort to create a combined stablecoin market crypto exchange Binance has updated its USDT markets.
  The world’s top exchange by trade volume, Binance, has been tweaking its stablecoin markets recently. According to an announcement yesterday it has renamed all USDT markets to USDⓈ.It went on to state;
  “Binance has renamed the USDT Market (USDT) to now be a combined Stablecoin Market (USDⓈ). This is to support more trading pairs with different stablecoins offered as a
  
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• Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

  27-11-2018 12:07
  A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of
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• Bitcoin Likely to Close Below Key Price Support in First Since 2015

  27-11-2018 12:01
  Bitcoin looks set to end the month below a key long-term support level for the first time in three years.
  
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• Ethereum Co-Founder Vitalik: IBM Blockchain Is “Missing The Point”

  27-11-2018 12:00 via newsbtc.com
  In recent years, as “Bitcoin”, “Ethereum”, and “blockchain” became common sounds in the global vernacular, a number of innovation-friendly corporations and forward-thinking startups have sought to implement this nascent innovation into their businesses. However, while many firms seem good-willed with their blockchain ambitions, some skeptics believe that these corporations could mean ill, or, at the very least, are leveraging 2017’s Bitcoin boom for ques
  
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• Abu Dhabi Bank Makes Islamic Blockchain Breakthrough

  27-11-2018 11:50
  Al Hilal Bank successfully sold a $500 million sukuk contract through a blockchain.
  
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• Jay Clayton: ICOs Are Subject to SEC Regulation

  27-11-2018 11:30
  The SEC Chairman also discussed problems the regulator has with a Bitcoin ETF
  
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• Norway Bitcoin Miners Eye Exodus to Sweden after Electricity Tax Hike

  27-11-2018 11:16
  The Norwegian government’s decision to scrap tax subsidy on the power conferred to bitcoin miners is prompting them to migrate offshore. According to Erik Svensson, who serves as the director to Boden Business Agency, a Sweden-based data center company, bitcoin miners from neighboring Norway region are interested in moving their data centers to Sweden. He confirmed being
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