Cryptocurrency news

• “Investors Carried Out Mental Gymnastics to Justify Bitcoin Prices” – Bloomberg Editor-in-Chief

  17-12-2018 23:43
  Bloomberg co-founder and former Editor-in-Chief, Matt Winkler has likened speculation-driven bitcoin price movements to the dotcom boom of the mid to late 1990s, comparing the excuses given by investors for irrational market optimism at that time to the reasons given by modern day cryptocurrency speculators. Speaking to Emily Chang on Bloomberg Technology, Winkler explained that cryptocurrency investors
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• Bitcoin price: Millionaire says the cryptocurrency is ‘pretty much dead’ - NEWS.com.au

  17-12-2018 23:43 via news.com.au
  Bitcoin price: Millionaire says the cryptocurrency is ‘pretty much dead’  NEWS.com.auErik Finman, who became a teenage bitcoin millionaire during the crazy run to $US20,000, has warned bitcoin maximalists — believers in the world's ...
  
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• Bitcoin Generator “Exploit” Scam Clears Thousands

  17-12-2018 22:42
  A website claiming to be taking advantage of an unexplained “exploit” in Bitcoin to “generate” coins on behalf of its users has scammed more than .8 BTC to date. We tested the “service” in order to be sure that it was a scam. Located at bitcoin-generator-2018.bid, the way the scam works is simple enough: it
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• Cryptocurrency Mining Hardware Maker Turns £1,000 into Over £1 Million in First Year - newsBTC

  17-12-2018 22:30 via newsbtc.com
  Cryptocurrency Mining Hardware Maker Turns £1,000 into Over £1 Million in First Year  newsBTCA 28-year-old cryptocurrency entrepreneur from the UK has managed to turn £1000 (around $1500) into over £1 million in just 18 months of trading. Josh A ...
  
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• Cryptocurrency Mining Hardware Maker Turns £1,000 into Over £1 Million in First Year

  17-12-2018 22:30 via newsbtc.com
  A 28-year-old cryptocurrency entrepreneur from the UK has managed to turn £1,000 (around $1,500) into over £1 million in just 18 months of trading. Josh Riddett, of Bury, Greater Manchester, has found success manufacturing specialist digital currency mining hardware.
  Riddett’s company, Easy Crypto Hunter, has expanded from the sale of a single unit, with profits reinvested, into the UK’s largest GPU mining rig manufacturer. The firm also gives educational sessions on the
  
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• Coinbase releases “Convert” for conversion of one cryptocurrency into another - BCFocus

  17-12-2018 21:51 via bcfocus.com
  Coinbase releases “Convert” for conversion of one cryptocurrency into another  BCFocusOne of the leading crypto exchanges in the world, Coinbase has another good news for its users. The San Francisco-based exchange has now come out with a ...
  
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• Bitcoin Price Will Crash to Zero Says Calvin Ayre

  17-12-2018 21:42
  Former Bitcoin Cash advocate Calvin Ayre predicts that the flagship cryptocurrency, Bitcoin, will plunge to zero in 2019 because it’s worthless. But never fear, he said,  because Bitcoin Cash Satoshi Vision (BSV) will be there to save the day. Interestingly, Ayre insists that the Bitcoin price is being deliberately deflated right now in order to stamp it out
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• Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre

  17-12-2018 21:42
  Bitcoin Cash co-founder Calvin Ayre predicts that the flagship cryptocurrency, Bitcoin, will plunge to zero in 2019 because it’s worthless. But never fear, he said,  because Bitcoin Cash Satoshi Vision (BSV) will be there to save the day. Interestingly, Ayre insists that the Bitcoin price is being deliberately deflated right now in order to stamp it out of
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• Cryptocurrency promoter rains money on poor neighborhood - CBS News

  17-12-2018 21:36 via cbsnews.com
  Cryptocurrency promoter rains money on poor neighborhood  CBS NewsBanknotes pour down in an attention-getting scheme in Hong Kong that's making rounds on social media.
  
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• The cryptocurrency-terrorism connection is too big to ignore - The Washington Post

  17-12-2018 21:33 via washingtonpost.com
  The cryptocurrency-terrorism connection is too big to ignore  The Washington PostOn Nov. 26 in a federal court in New York, 27-year-old Zoobia Shahnaz pleaded guilty to financially supporting the Islamic State terrorist group with a scheme ...
  
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• The 10 Biggest Cryptocurrency News Stories Of 2018 - CRN

  17-12-2018 21:10 via crn.com
  The 10 Biggest Cryptocurrency News Stories Of 2018  CRNThe cryptocurrency industry was in for a rude awakening in 2018 as a precipitous decline in the value of Bitcoin resulted in layoffs, bankruptcy filings, and facility ...
  
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• Teenage Crypto Millionaire Erik Finman Says Bitcoin is Pretty Much Dead, Offers Hope for Bitcoin Cash

  17-12-2018 21:10
  Erik Finman, a teenager who became filthy rich during the Bitcoin boom, has now issued a warning to Bitcoin maximalists, the term given to those who believe in the Bitcoin revolution, that the currency has a bleak long-term outlook. Finman has a habit of bashing digital assets. In 2017, he told Mic that he wasn’t convinced
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• Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

  17-12-2018 21:00
  Coinbase is rolling out bitcoin-based crypto-to-crypto trading pairs for its retail customers.
  
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• Bitcoin Price Rises 5% as Crypto Markets Jump

  17-12-2018 21:00 via newsbtc.com
  After a weekend of sideways trading, the cryptocurrency markets have jumped on Monday, with Bitcoin rising more than 5% and the overall crypto market capitalization rising to over $110 billion. Today’s price rise has led the markets to regain much of their losses that were incurred last Friday.
  Bitcoin Trades Up 5%
  At the time of writing, Bitcoin is trading up 5.8% at its current price of $3,460. Last week, Bitcoin fell to lows of $3,190, and appeared to find support in the low-$3,200
  
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• Switzerland Aims for Conducive Regulatory Framework for Blockchain, Crypto Companies

  17-12-2018 20:53 via feedproxy.google.com
  
  The Swiss government has advised regulators not to create new legislations but instead make adjustments to existing laws to accommodate companies in the blockchain and cryptocurrency space. The amendments should focus on enhancing Switzerland’s position as a blockchain-friendly country, the Swiss Federal Council said last week. Switzerland’s Federal Council released on December 14 a report […]
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• Meet Belgian Popular Investor Catalina Norena who Knows how to Take Advantage of Market Volatility

  17-12-2018 20:36 via feedproxy.google.com
  
  Catalina Norena (@VIXGold) from Belgium is an eToro Popular Investor who likes to take advantage of extremely volatile markets by investing in ETF’s that are likely to show a profit when markets are down. Therefore, as her username suggests, she invests in ETF’s that track the VIX index or gold prices. She took the time […]
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• CoinText SMS Cryptocurrency Wallet Adds Support in Bangladesh Where Over 90% Don't Have Smartphones - Benzinga

  17-12-2018 20:30 via benzinga.com
  CoinText SMS Cryptocurrency Wallet Adds Support in Bangladesh Where Over 90% Don't Have Smartphones  BenzingaNASHUA, N.H., Dec. 17, 2018 /PRNewswire-PRWeb/ -- Today, CoinText.io, a cryptocurrency wallet to transact without Internet using text messages, launched its ...
  
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• CEO of Montana-Based Power Block Coin Thinks Declining Cryptocurrency Prices Are Boon For Miners - U.Today

  17-12-2018 20:15 via u.today
  CEO of Montana-Based Power Block Coin Thinks Declining Cryptocurrency Prices Are Boon For Miners  U.TodayThe Montana Standard reports that Power Block Coin LLC is planning to expand its cryptocurrency mining business despite a dramatic drop in cryptocurrency ...
  
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• Iranian Official Believes Blockchain Can Drive Economic Growth

  17-12-2018 20:04
  According to an Iranian official, the integration of blockchain technology and cryptocurrencies could provide a much-needed boost to the country’s economy, per reports on the Tehran Times. Alireza Daliri, a Deputy for Management Development and Resources at the Vice Presidency for Science and Technology, stated that blockchain technology could provide Iran with a platform to
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• Overstock’s tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor

  17-12-2018 19:40
  The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019.
  
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• Porsche Uses Blockchain Platform to Close $170 Million Loan

  17-12-2018 19:30 via newsbtc.com
  One of the planet’s largest vehicle distributors has just finalised a $170 million loan using blockchain technology. Porsche completed the deal with the Spanish bank Banco Bilboa Vizcaya Argentaria’s (BBVA) blockchain platform.
  The news makes Porsche the first non-Spanish company to use the distributed ledger platform to borrow funds from BBVA. It is thought that the use of blockchain technology in the negotiation and closing of loans will increase efficiency and transparency in the
  
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• Tagomi begins client trades in cryptocurrency including bitcoin and ether - CryptoNinjas

  17-12-2018 19:10 via cryptoninjas.net
  Tagomi begins client trades in cryptocurrency including bitcoin and ether  CryptoNinjasTagomi Holdings Inc., an electronic brokerage offering prime services for investors of bitcoin, ether, and other digital assets, today announced it is.
  
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• Cryptocurrency Market Rebounds from Yearly Low; EOS Surges 22% - Hacked

  17-12-2018 19:07 via hacked.com
  Cryptocurrency Market Rebounds from Yearly Low; EOS Surges 22%  HackedThe cryptocurrency market showed a wave of green on Monday, led by a sizable advance in EOS, as prices clawed back from yearly lows and extreme oversold ...
  
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• AI-assisted asset management is the next frontier for cryptocurrency investing - Oracle Times

  17-12-2018 19:04 via oracletimes.com
  AI-assisted asset management is the next frontier for cryptocurrency investing  Oracle TimesModern asset management currently relies on algorithms that analyze financial data based on numbers. Numbers can tell a compelling story, if you know which ...
  
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• Tether Briefly Enters Top Four Cryptocurrencies, EOS Spikes by 21%

  17-12-2018 18:56
  For a short time yesterday, the Tether stablecoin (USDT) hit 4th place by market capitalization in the cryptocurrency charts. Today Bitcoin (BTC) and other altcoins are showing green. EOS is back in 4th place with a sudden 21% hike, and Stellar (XLM) is now in 5th place with a near 9% price increase. At one
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• Cryptocurrency Forefather Timothy C. May Dead at 67 - Breaker magazine

  17-12-2018 18:33 via breakermag.com
  Cryptocurrency Forefather Timothy C. May Dead at 67  Breaker magazineTimothy C. May, cofounder of the Cypherpunks mailing list and author of the Crypto Anarchist Manifesto, died last week at his home on Corralitos, Calif. He was ...
  
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• It Wasn’t a Bitcoin Millionaire Who Gave $12M in Cash Away in Hong Kong

  17-12-2018 18:31
  On Sunday, major mainstream media outlets reported that a crypto millionaire sprayed more than $12 million worth of cash in one of Hong Kong’s poorer neighborhoods. Speaking to CCN, Leonhard Weese, the president of the Bitcoin Association of Hong Kong, confirmed that Wong Ching Kit, a 24-year-old man who was arrested almost immediately after causing
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• Iranian Official: Blockchain Can Ease Economic Woes

  17-12-2018 18:17
  Iranians have embraced cryptocurrency as a means of getting around US sanctions
  
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• Can Electroneum (ETN) Bring Cryptocurrency Into Photography With Its New Partnership? - Today's Gazette

  17-12-2018 18:04 via todaysgazette.com
  Can Electroneum (ETN) Bring Cryptocurrency Into Photography With Its New Partnership?  Today's GazetteFollowing a partnership which the first mobile cryptocurrency aimed at mass adoption, Electroneum (ETN), clinched, the world went wild roaring on whether the ...
  
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• One Year Ago Today: Bitcoin Reaches All-Time High

  17-12-2018 18:01 via newsbtc.com
  Last year on this day, Bitcoin reached its all-time high price of $20,000 – before its parabolic advance was broken, sending the original cryptocurrency into a bear market.
  As Bitcoin reaches new one-year lows, the first ever cryptocurrency’s previous all-time high is starting to feel like a distant memory.
  December 17, 2017: Bitcoin Reaches All-Time High
  Since its creation, investing in Bitcoin has been one long rollercoaster ride that typically results in significant gains for thos
  
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• Opera launches native crypto wallet in its newest Android browser

  17-12-2018 18:00
  Opera Software, makers of the Opera web browser for desktop and mobile platforms, announced on Thursday that it had released a new version of its browser for Android which features an integrated cryptocurrency wallet.Initially, the wallet will only support Ethereum, but it will serve as the foundation for continued expansion by Opera in the area of “Web 3,” the blanket term to describe technologies which intersect blockchain, decentralized applications, and the web.According to Kryst
  
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• Cryptocurrency Regulations: Hong Kong Considers Stricter Laws for the Industry - Ethereum World News

  17-12-2018 18:00 via ethereumworldnews.com
  Cryptocurrency Regulations: Hong Kong Considers Stricter Laws for the Industry  Ethereum World NewsThe Hong Kong Securities and Futures Commission is set to tighten cryptocurrency regulations, raising concerns such as money laundering and fraud.
  
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• Blockstream Boosts Bitcoin Satellite Service With Lightning Payments

  17-12-2018 18:00
  Blockstream has expanded its bitcoin satellite service to the Asia-Pacific region and added support for Lightning Network transactions.
  
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• Italian regulators launch crackdown on silly cryptocurrency scams - The Next Web

  17-12-2018 17:37 via thenextweb.com
  Italian regulators launch crackdown on silly cryptocurrency scams  The Next WebItalian authorities have moved to protect local investors by temporarily banning the sale of two particularly dodgy cryptocurrency investments within the country ...
  
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• World’s First Blockchain-based Investment Bank by CGCX, IBH Capital and Archipelago

  17-12-2018 17:18
  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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• Blockchain and the 4th Industrial Revolution

  17-12-2018 17:00
  Humankind is approaching a new industrial revolution. Unlike the previous three, it will impact every industry and interact between the digital, physical and even biological worlds while approaching at a neck-breaking speed due to the unprecedented amount of breakthroughs. This revolution is evolving at an exponential rather than a linear pace when compared with previous three (1).
  This revolution can be summarized with data, its connectivity and what they will be used for. The amount and preced
  
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• Newsflash: Bitcoin Price Bounces 8.3% in a Much-Needed Bull Action; Will It Sustain?

  17-12-2018 16:55
  After setting one new low after another, the bitcoin-to-dollar rate on Monday underwent a sharp bullish correction to register a fresh high at 3450-fiat. The upside action followed a low-volumed consolidation trend over the recent weekend trading session. The late night activity on Sunday, nevertheless, looked sharper and trade volume across the leading bitcoin pairs
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• Chain Open Research: November 2018 Crypto Exchange Analytics and Research

  17-12-2018 16:46
  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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• Microsoft AI to Win Greenhouse Competition

  17-12-2018 16:30
  Five AI systems from different teams took part in cucumber growth competition
  
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• Crypto Week In Review: CFTC Dives Into Ethereum, Coinbase Integrates Paypal

  17-12-2018 16:17 via newsbtc.com
  As 2018 comes to close, a number of analysts expected a “Santa Claus” rally, whereas the crypto market would undergo a positive reversal in the holiday season. Yet, the value of Bitcoin, along with the altcoins it reigns over, has continued to suffer. Amid this market turmoil, this industry’s news cycle has also faltered, with discussion regarding promising product releases and institutional forays becoming a rare sight. Still, there remain many optimists that are hopeful for w
  
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• List of Cryptocurrency Law Firms - UseTheBitcoin

  17-12-2018 16:11 via usethebitcoin.com
  List of Cryptocurrency Law Firms  UseTheBitcoinA list of some of the most known and exerperienced cryptocurrency law firms; focused on helping to bridge blockchain wtih various legalities.
  
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• Brazilian Cental Bank to Issue Stablecoin

  17-12-2018 16:09
  According to participants of the project, the issue of the BNDES coin will help restore public confidence in Brazilian state banks
  
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• FidelityHouse, the Presale Has Started! Here All the Details

  17-12-2018 16:02
  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 FidelityHouse, the Presale Has Started! Here All the Details appeared first on CCN
  
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• Ripple Names Fintech GMT as its Israeli Representative

  17-12-2018 15:47
  GMT joins companies like MoneyGram, AmericanExpress, CIBC, Earthport, AKBANK and more.
  
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• Iranian Official Says Blockchain Could Deliver Economic Boost

  17-12-2018 15:30
  An Iranian official has reportedly said that integrating blockchain could bring a tech-based boost to the country's economy.
  
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• Bitpay CEO Stephen Pair Believes Mass Crypto Adoption is 5 Years Away

  17-12-2018 15:28
  Bitpay CEO Stephan Pair has gone on record to say that he believes that mass crypto adoption is only 3 to 5 years away. He talked about the possibility of wider adoption when recently chatting to the American news network CNBC. One year ago when Bitcoin prices scaled the heights of $20,000, crypto adoption seemed
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• Switzerland to Regulate Crypto Within Existing Laws

  17-12-2018 15:08
  The Council proposes to change the current legislation in the field of securities, so that the situation around cryptocurrency tokens becomes more specific
  
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• The Republic of Abkhazia regulates crypto-mining to get through the winter

  17-12-2018 15:00
  The little nation of Abkhazia unrecognized lies on the East coast of the Black Sea, North of Georgia. Formerly part of Soviet Georgia, it is still not recognized as independent by the international community since its independence war in 1993. It currently homes a population of under 4 million people. In recent years, cryptocurrency mining operations have been erected in abandoned Soviet factories and in people’s home.  The troubled power-supply system is now struggling under the
  
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• Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

  17-12-2018 14:23
  A state-run energy company in Abkhazia is calling for the regulation of cryptocurrency mining activities to avoid the partially recognized republic being plunged into darkness this winter. According to Eurasianet, the cryptocurrency mining farms in Abkhazia, which are mostly located in abandoned Soviet factories, are guzzling a significant amount of electricity. As a result, it
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• Is cryptocurrency a haven from market volatility? - Noted

  17-12-2018 14:18 via noted.co.nz
  Is cryptocurrency a haven from market volatility?  NotedIt's been a wild ride for cryptocurrencies over the past year, but can they become a stable store of wealth for investors?
  
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