Cryptocurrency news

• Bitcoin Price Flirts with Breakout But May Not Yet Have Bottomed

  02-12-2018 23:15
  The bitcoin price on Sunday surged as high as 7.28 percent against the US dollar ahead of the US session. The BTC/USD rate is trading at 4158-fiat at press time. The pair is almost completing the formation of an inverse head and shoulder pattern. Its neckline appears more like a near-term falling trendline, capping the
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• G20 Country Leaders Call for International Cryptocurrency Taxation - Cointelegraph

  02-12-2018 22:56 via cointelegraph.com
  Cointelegraph
  G20 Country Leaders Call for International Cryptocurrency Taxation
  Cointelegraph
  News. The G20 countries have called for the taxation of cryptocurrency, as well as its regulation to combat money laundering, Japanese news outlet Jiji.com reports Dec. 2. According to Jiji.com, the final text of a document jointly delivered by G20 ...
  G20 countries discussed the issue at the Buenos Aires summitToshi Times
  Cryptocurrency tax is now on the G20 agendaCryptoNewsReview
  Breaking: G20 Discu
  
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• Paxos Standard: Why the Stablecoin You’ve Never Heard of Just Might Take Down Tether

  02-12-2018 22:05
  Several months ago, crypto exchange Gemini made waves when it announced that, with permission from the New York Department of Financial Services (NYDFS), it had created a USD-pegged cryptocurrency “stablecoin” that would provider traders and institutions with a “regulated” alternative to tether (USDT), which was frequently the subject of controversy despite having a multi-billion dollar
  The post Paxos Standard: Why the Stablecoin You’ve Never Heard of Just Might Tak
  
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• Top 5 Crypto Performers Overview: TRON, Litecoin, XEM, Bitcoin, Ethereum

  02-12-2018 21:45 via cointelegraph.com
  Bitcoin sees worst November since 2011, and TRON reportedly overtakes Ethereum as the most popular DApp platform – we look at this week’s top performers in crypto
  
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• Squire Mining to Purchase CoinGeek for $45 Million

  02-12-2018 21:24
  The Canadian firm will take control of all CoinGeek operations, including 62,440 ASIC mining devices.
  
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• Squire Mining in Talks to Purchase CoinGeek for $45 Million

  02-12-2018 21:24
  The Canadian firm could take control of some CoinGeek operations, including 62,440 ASIC mining devices.
  
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• Bitcoin Price Falls 5.5% to $4,030: Lack of Momentum Leads to Crypto Pullback

  02-12-2018 20:49
  Over the past 24 hours, the Bitcoin price has dropped by more than five percent from $4,265 to $4,030, demonstrating a decline in daily volume. On fiat-to-cryptocurrency trading platforms like Coinbase and Bitstamp, the dominant cryptocurrency was dangerously close to dipping below the $4,000 support level. A drop below the $4,000 mark could disallow a
  The post Bitcoin Price Falls 5.5% to $4,030: Lack of Momentum Leads to Crypto Pullback appeared first on CCN
  
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• Japan’s Financial Regulator to Issue ICO Guidelines: Report

  02-12-2018 19:41
  Citing “informed sources,” Japanese press outlet JIJI Press reports that the Japanese Financial Services Agency is soon to regulate Initial Coin Offerings. The regulation will involve investment limits “for better protecting them.” Similar to how securities tokens are required to register with the American SEC in the United States, companies which intend to issue virtual
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• Crypto Week In Review: Bitcoin ETF Talk Mounts, Nasdaq To Launch “Crypto 2.0” Futures

  02-12-2018 19:28 via newsbtc.com
  The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide. So, as recently put by Anthony “Pomp” Pompliano, Morgan Creek’s in-house cryptocurrency insider:
  “Bear markets get rid
  
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• Ethereum Adoption in Developing Countries Rising Exponentially: Lubin

  02-12-2018 19:05 via newsbtc.com
  Ethereum has been one of the worst performing cryptocurrencies this year. But, as a technology, the project is going places.
  Joseph Lubin, the co-founder of the Ethereum project, recently stated about how the Ethereum blockchain ecosystem is gradually improving the financial and technological infrastructures of many developing nations. The Canadian entrepreneur, also known for founding ConsenSys, a Brooklyn-based software-production studio, named Chile and Philippines as their prime adopter
  
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• Former Ernst & Young Analyst Disillusioned by the Blockchain

  02-12-2018 18:40
  A recent article in Barron’s describes Angus Champion de Crespigny, who spent ten years at professional services firm Ernst and Young and led the blockchain financial services division for years and was the subject of the article entitled “This Blockchain Believer Turned Heretic Is Still Bullish On Bitcoin,” as a “major skeptic.” Champion de Crespigny describes
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• Top 7 Blockchain and Cryptocurrency Books To Read - Invest In Blockchain

  02-12-2018 17:52 via investinblockchain.com
  Invest In Blockchain
  Top 7 Blockchain and Cryptocurrency Books To Read
  Invest In Blockchain
  The cryptocurrency market is currently in a nosedive. Many people who excitedly jumped on the bandwagon in late 2017 are now wondering whether they've been scammed. All the talk that the technology is crucial and vital for the future has seemingly gone ...
  Best 8 Blockchain and Bitcoin Trend Predictions for 2019 Cryptocurrency EcosystemBitcoin Exchange Guide
  Cryptocurrency Investor Says Bitcoin Pric
  
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• Bitcoin Cash Infrastructure Dev: ‘Something Very Wrong With Bitcoin Cash ABC

  02-12-2018 17:33
  An explosive Medium.com article by pseudonymous developer _unwriter, who primarily works on two Bitcoin Cash infrastructure projects call BitDB and BitSocket, both of which are critical to several Bitcoin Cash-community outfits, levies a number of serious accusations against the Bitcoin ABC development team as well as Bitcoin.com and affiliated Bitmain. The heartfelt article is worth
  The post Bitcoin Cash Infrastructure Dev: ‘Something Very Wrong With Bitcoin Cash ABC appeared first on CCN
  
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• Crypto-Powered Football League Adds NFL Stars Marshawn Lynch and Richard Sherman

  02-12-2018 16:30
  NFL stars Marshawn Lynch and Richard Sherman have joined the Fan-Controlled Football League (FCFL) — a crypto-powered football league — as team owners. Lynch and Sherman will also serve as fan captains for their respective franchises when the FCFL’s inaugural season kicks off in June 2019, the company told CCN. Lynch is currently a running back
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• Pockebit — Japanese Startup Presented a Prototype of a Contactless Hardware Wallet

  02-12-2018 16:07
  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 Pockebit — Japanese Startup Presented a Prototype of a Contactless Hardware Wallet appeared first on CCN
  
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• SEC’s Next Move: Social Media Influencers Who Promoted Crypto ICOs

  02-12-2018 14:33
  The U.S. Securities and Exchange Commission (SEC) is actively cracking down on crypto initial coin offering (ICO) projects and a top official said earlier this year that dozens of cases are pending. The next wave of enforcement by the SEC, stimulated by its recent settlement with professional boxer Floyd Mayweather and music producer DJ Khaled, is
  The post SEC’s Next Move: Social Media Influencers Who Promoted Crypto ICOs appeared first on CCN
  
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• Every Day Bitcoin Doesn’t Die, It’s Closer to Becoming Digital Gold: Ex-JPMorgan Exec.

  02-12-2018 14:01
  In an op-ed on Yahoo! Finance, Alex Gurevich, a professor of Mathematics and an ex-JPMorgan executive, believes Bitcoin is edging closer to becoming digital gold “with every single day it doesn’t die.” “Despite the rise and fall of various altcoins and fork considerations, “time” works FOR Bitcoin, not AGAINST it. Every day it doesn’t disappear,
  The post Every Day Bitcoin Doesn’t Die, It’s Closer to Becoming Digital Gold: Ex-JPMorgan Exec. ap
  
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• Bloodbath: November Rout Leaves Crypto Prices Drowning in Sea of Red

  02-12-2018 13:48
  It was not just the trees that shed their red leaves this November. The autumn was doing its job in the cryptocurrency market, too. The industry lost close to $70 billion worth of market capitalization this month, according to CoinMarketCap.com. Bitcoin, the world’s largest cryptocurrency, established an aggregated low at $3,606 after dropping from its
  The post Bloodbath: November Rout Leaves Crypto Prices Drowning in Sea of Red appeared first on CCN
  
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• Get Ready for Crypto Sanctions Enforcement

  02-12-2018 12:40
  Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.
  
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• Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

  02-12-2018 12:00
  State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.
  
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• Banking Giant State Street Is Waiting on Client Demand for Crypto Custody

  02-12-2018 12:00
  State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.
  
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• Singapore Watchdog Releases Comprehensive Guide to ICO Legality

  02-12-2018 11:25
  The document lists eleven possible types of token, all with different obligations.
  
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• Cryptocurrency Market Update: 17% Recovery Since Last Sunday's 2018 Low - newsBTC

  02-12-2018 11:07 via newsbtc.com
  newsBTC
  Cryptocurrency Market Update: 17% Recovery Since Last Sunday's 2018 Low
  newsBTC
  There has been a marginal recovery from yesterday's market dump this Sunday and things did not fall off the cliff again as we have seen in recent weeks. Total market capitalization has recovered to climb back to around $135 billion at the time of writing.
  
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• Huawei Cloud Announces Global Launch of its Blockchain Services

  02-12-2018 11:03
  Huawei Cloud, the cloud services arm of Huawei Global, has announced the launch of its Blockchain Service (BCS), according to an official press release. The BCS was launched for commercial use in China earlier this year, and it is now available to a global audience on Huawei Cloud’s international website. The service allows global entrepreneurs
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• Cryptocurrency Market Update: 17% Recovery Since Last Sunday’s 2018 Low

  02-12-2018 11:00 via newsbtc.com
  FOMO Moments
  Crypto markets are bouncing back again, Bitcoin SV, Cardano, Tron and Maker recovering well.
  There has been a marginal recovery from yesterday’s market dump this Sunday and things did not fall off the cliff again as we have seen in recent weeks. Total market capitalization has recovered to climb back to around $135 billion at the time of writing.
  Bitcoin hovered just below $4,000 on Saturday which served as support as it managed to rally back to over $4,200 adding 5% on the da
  
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• Breaking: G20 Discusses International Cryptocurrency Tax

  02-12-2018 10:46
  It is currently illegal for a government to tax a foreign company which does not have a physical presence there.
  
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• Digital Currency Risks Being Monitored: Nigeria’s Depositor Funds Insurer

  02-12-2018 09:15
  Nigeria’s depositor protection body has said that the country is monitoring the risks associated with digital currencies. According to a deputy director at the Nigeria Deposit Insurance Corporation (NDIC), Kabir Katata, this is ongoing process is being done with a view of resolving concerns that may arise with regards to protecting the general public. “We
  The post Digital Currency Risks Being Monitored: Nigeria’s Depositor Funds Insurer appeared first on CCN
  
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• Italian Court Denies Registering Businesses Using Cryptocurrency - Coingape

  02-12-2018 08:57 via coingape.com
  Coingape
  Italian Court Denies Registering Businesses Using Cryptocurrency
  Coingape
  Businesses in Italy using cryptocurrency may no longer enjoy the mainstream benefits of decentralized economy. According to the reports, companies based on the crypto mechanism or employing cryptocurrency will not be eligible to register their business ...and more »
  
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• Bitcoin Price Weekly Analysis: BTC/USD Remains In Downtrend Below $4,500

  02-12-2018 07:28 via newsbtc.com
  Key PointsBitcoin price recovered recently and traded above the $4,000 and $4,200 levels against the US Dollar.
  There is a key bearish trend line formed with resistance at $4,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair is likely to struggle to break the $4,320, $4,400, $4,500 and $4,590 resistance levels.Bitcoin price is slowly recovering above $4,000 against the US Dollar. However, BTC/USD remains in a downtrend as long as it is below the $4,500 resistance.
  Bi
  
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• Ethereum Price Weekly Analysis: ETH/USD Facing Uphill Task Below $140

  02-12-2018 06:30 via newsbtc.com
  Key HighlightsETH price formed a decent support near $98 and recovered recently against the US Dollar.
  There is a major bearish trend line formed with resistance at $117 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair is likely to face a lot of hurdles near $117, $120, $$132 and $139 in the near term.Ethereum price remains in a bearish zone versus the US Dollar and Bitcoin. ETH/USD must clear the $117 and the $132 resistance to climb towards $165.
  Ethereum Price Analysis
  After a
  
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Could Decline Below $160

  02-12-2018 05:28 via newsbtc.com
  Key PointsBitcoin cash price is currently consolidating and it could decline below $160 against the US Dollar.
  There is a major bearish trend line formed with resistance at $190 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair is struggling to break the $190-200 resistance area and it could decline sharply.Bitcoin cash price is in a downtrend below $200 against the US Dollar. BCH/USD could gain strength once sellers gain pace below $160.
  Bitcoin Cash Price Analysis
  This
  
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• Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years

  02-12-2018 02:55
  Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2 year target” according to a tweet he published yesterday. 2 year target. 2-4 Million TPS peak 500k sustained Terranode Bitcoin — Dr Craig S Wright (@ProfFaustus) November 29, 2018 Wright didn’t elaborate on the how
  The post Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years appeared first on CCN
  
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• This Week in Crypto: Ohio Embraces Bitcoin, Judge Hassles SEC, and DJ Khaled Fined for ICO Promotion

  02-12-2018 01:43
  The last week of November was all about taxes, regulation, and SEC enforcement for Bitcoin and the wider crypto ecosystem. Major Headlines Sirin Labs Launches the FINNEY: The world’s first blockchain phone on the market, the FINNEY, launched at an event in Barcelona on Thursday. CCN’s Josiah Wilmoth was on the scene. The phone, its
  The post This Week in Crypto: Ohio Embraces Bitcoin, Judge Hassles SEC, and DJ Khaled Fined for ICO Promotion appeared first on CCN
  
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• Hands-on with the Sirin Labs FINNEY, the World’s First Crypto-Native Smartphone

  02-12-2018 00:40
  Sirin Labs, the blockchain startup funded by nearly $158 million in initial coin offering (ICO) proceeds, has released its much-anticipated “blockchain smartphone,” the FINNEY. The firm unveiled the device on Thursday at a release party in Barcelona, which featured presentations from several Sirin executives along with an appearance by football legend and Sirin brand ambassador
  The post Hands-on with the Sirin Labs FINNEY, the World’s First Crypto-Native Smartphone appeared fir
  
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• HBUS Launches First Ever Cryptocurrency Billboard Campaign in the US - Bitcoinist

  02-12-2018 00:04 via bitcoinist.com
  Bitcoinist
  HBUS Launches First Ever Cryptocurrency Billboard Campaign in the US
  Bitcoinist
  HBUS has launched a cryptocurrency-themed billboard campaign to sensitize people about the emerging virtual asset class. The company which is the exclusive U.S. partner of cryptocurrency exchange giant, Huobi, says it is the first caqmpaign of its kind ...and more »
  
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