Cryptocurrency news

• Daily Crypto Roundup 12/2/2019

  02-01-2019 23:44
  Today in the headlines, Bakkt raised over $182 million, online shopping giant DMM closed mining operations, and bitcoin confirmed one of its worst monthly losing streaks. HitBTC also froze customer withdrawals, and Fortnite added Monero as a payment option.
  Catch up on the details!
  Bakkt Secures $182.5 Million In First Capital Raise
  Intercontinental Exchange’s (ICE) much-anticipated Bakkt crypto exchange has already secured more than $182 million in funds for the project.
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• Daily Crypto Roundup 1/2/2019

  02-01-2019 23:44
  Today in the headlines, Bakkt raised over $182 million, online shopping giant DMM closed mining operations, and bitcoin confirmed one of its worst monthly losing streaks. HitBTC also froze customer withdrawals, and Fortnite added Monero as a payment option.
  Catch up on the details!
  Bakkt Secures $182.5 Million In First Capital Raise
  Intercontinental Exchange’s (ICE) much-anticipated Bakkt crypto exchange has already secured more than $182 million in funds for the project.
  “
  
  Read more

• Dow Claws Back into the Green, But Apple Shares Plunge in After-Market Trading

  02-01-2019 23:31
  The Dow Jones Industrial Average and other major US stock indices closed in the green on Wednesday following another day of the sort of volatile trading that Allianz Chief Economic Advisor Mohamed El-Erian predicted will be the “new reality” for the stock market. The Dow closed 18.78 points higher to end the first trading session
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• Good Ol’ FUD: The Brightest Media Burials of Bitcoin in 2018

  02-01-2019 23:10 via cointelegraph.com
  For Bitcoin’s 10th anniversary, we remember the brightest FUD of 2018: from Tulip Mania to Dr. Doom calling Vitalik a “dictator for life.”
  
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• New York Forms Blockchain Study Task Force, Hints at BitLicense Update

  02-01-2019 23:00
  New York will be forming a task force to analyze the crypto space, which may go as far as proposing updated regulations for the state.
  
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• Bitcoin Price Closing in on Resistance at $4,000 — Will The Rally Hold?

  02-01-2019 22:52
  The bitcoin price on Wednesday showed minor upside movements as it maintained the gains made during yesterday’s session. Bitcoin Price Technical Analysis The BTC/USD exchange rate posted as much as 1.5 percent in gains during the first half of the trading session. The pair notably eyed a rally towards $4,000 but corrected ahead of establishing
  The post Bitcoin Price Closing in on Resistance at $4,000 — Will The Rally Hold? appeared first on CCN
  
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• Equity Fund CEO Recommends to Steer Clear of Crypto, Advises to Focus on ‘Basic Goods’

  02-01-2019 22:35 via cointelegraph.com
  Gateway Partners CEO Viswanathan Shankar has said investors should avoid cryptocurrencies and concentrate on more traditional investments
  
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• Echo Chamber: Craig Wright Takes Twitter Account Private to Avoid Dissidents

  02-01-2019 22:33
  Self-declared Bitcoin creator Craig Wright no longer wants to hear from non-followers how much he annoys them or how much they disagree with him. This became apparent after the Australian who resides in England changed the privacy settings of his Twitter account to protected status. Consequently, this not only disabled the retweeting feature but the move
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• Saudi Customs Pilots Shipment Tracking on the Blockchain

  02-01-2019 22:30 via newsbtc.com
  According to a report in RTT News, Saudi Customs is currently currently experimenting with tracking shipments on the blockchain. The project will link the Saudi customs officials’ existing shipment tracking platform, known as Fasah, to a blockchain-based one, powered by TradeLens.
  Aiding the pilot will be the Saudi Arabian customs IT partner, Tabadul. The Riyadh-based firm has helped to integrate the Fasah platform with TradeLens.
  Can Blockchain Technology Increase Customs’ Efficienc
  
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• Stock Market Will Have ‘Good Year’ in 2019: Wharton Finance Prof.

  02-01-2019 21:47
  While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019. Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 2

  02-01-2019 21:26 via cointelegraph.com
  As the new year starts, let’s consult the charts and see which digital currencies are making a move
  
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• Huobi to Launch EOS-Based Cryptocurrency Exchange - Invest In Blockchain

  02-01-2019 21:17 via investinblockchain.com
  Huobi to Launch EOS-Based Cryptocurrency Exchange  Invest In BlockchainHuobi intends to launch an EOS-based cryptocurrency exchange in Q1 2019, and has otherwise been working to gain partnerships and expand its services.
  
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• Bitcoin Bull Mike Novogratz Boosts Stake in Galaxy Digital to 79%, Causing Stock to Soar

  02-01-2019 21:15
  Bitcoin bull Mike Novogratz increased his stake in Galaxy Digital Holdings — the crypto merchant bank he founded — to 79.3%, after acquiring an additional 2.7% of its outstanding shares. Novogratz previously held a 76.6% ownership stake. The former hedge fund manager acquired 7,500,768 ordinary shares for C$7.4 million (or US$5.4 million), according to a January 2
  The post Bitcoin Bull Mike Novogratz Boosts Stake in Galaxy Digital to 79%, Causing Stock to Soar appeared firs
  
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• Crypto Markets Rise After Period of Stability, Ethereum Leads Market Surge

  02-01-2019 21:00 via newsbtc.com
  Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%.
  Today’s move marks the first market surge of 2019, although Bitcoin faces historical resistance around $4,000 which may prove to be a difficult level to break through.
  Crypto Markets Add $7 Billion From Daily Lows 
  
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• Facebook cryptocurrency foray sign of a dystopian future - Toronto Star

  02-01-2019 20:56 via thestar.com
  Facebook cryptocurrency foray sign of a dystopian future  Toronto StarIn developing a cryptocurrency, Facebook makes a great step toward becoming a sort of borderless corporation-government, with immense power that it has not ...
  
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• US Real Estate to Fall in Value in 2019 Amidst Sell-Off From Chinese Investors

  02-01-2019 20:39
  In the third quarter of 2018, more than $1 billion worth of real estate properties were sold by Chinese investors in the U.S. amidst tightening regulations on capital outflows by China. According to the Wall Street Journal, the European real estate market experienced a similar sell-off of properties, as investors from China liquidated over $233
  The post US Real Estate to Fall in Value in 2019 Amidst Sell-Off From Chinese Investors appeared first on CCN
  
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• Bitcoin Value Indicator: Jan. 1, 2019 - Seeking Alpha

  02-01-2019 20:27 via seekingalpha.com
  Bitcoin Value Indicator: Jan. 1, 2019  Seeking AlphaThe price of Bitcoin in the month of December was below two prediction metrics but higher than the third: It's complicated. The number of unique addresses in us.
  
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• EOS Price Spikes 10% as Block.one CEO Floats ‘Voter Rebates’

  02-01-2019 20:18
  The EOS price on Wednesday posted more than 10% in gains against the US dollar owing to strong fundamentals. The cryptocurrency opened the day at $2.7253 on Bitfinex but dropped during the early Asian session to establish an intraday low towards $2.7066. It briefly bounced back as the course matured and entered the European trading
  The post EOS Price Spikes 10% as Block.one CEO Floats ‘Voter Rebates’ appeared first on CCN
  
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• China: Anti-Crypto Central Bank Worried Cash Losing Relevance

  02-01-2019 19:55
  According to a newly released report by the FT, the adoption of digital payment systems is increasing at such a rapid rate that the People’s Bank of China (PBoC) is concerned about the declining relevance of cash. An increasing number of merchants at tourist spots have started to stop accepting cash, solely relying on applications
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• Novogratz Buys Another 2.7% of His Galaxy Digital Crypto Fund for $5 Million

  02-01-2019 19:35
  Michael Novogratz has increased his stake in Galaxy Digital Holdings, Ltd. to nearly 80 percent.
  
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• Gateway Partners CEO: “We are for Biscuits, Not Bitcoins”

  02-01-2019 19:30 via newsbtc.com
  The CEO of successful investment house Galaxy Partners has stated that he sees Bitcoin and other cryptocurrency as a highly risky investment. It is for these reasons that Viswanathan Shankar will not be allocating any of his fund to the emerging technological and financial innovation.
  Instead, Shankar prefers to invest in Africa and Asia-based companies that provide for the needs of the normal people.
  Shankar Warns Against BAT – Bitcoin, Argentina, and Tesla
  According to a report in t
  
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• VC Fred Wilson Predicts “New Bullish Phase” in Crypto

  02-01-2019 19:20 via feedproxy.google.com
  
  In his annual post about the new year ahead, prominent venture capitalist and Union Square Ventures (USV) co-founder Fred Wilson predicts cryptocurrencies will enter a “new bullish phase” fueled by the many projects set to come to fruition in 2019. 2018 was a catastrophic year for crypto investors who witnessed the so-called Great Crypto Crash, […]
  The post VC Fred Wilson Predicts “New Bullish Phase” in Crypto appeared first on Coinjournal.
  
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• Fortnite store: How to buy Item Shop skins with CRYPTOCURRENCY - Express

  02-01-2019 19:20 via express.co.uk
  Fortnite store: How to buy Item Shop skins with CRYPTOCURRENCY  ExpressFORTNITE fans can now shop for skins and other merch using the popular privacy monero cryptocurrency. Here is what you need to know.
  
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• Bitcoin Wallet Mycelium is the Latest to Join the Foundation for Interwallet Operability

  02-01-2019 19:13 via feedproxy.google.com
  
  Mycelium, a mobile Bitcoin wallet, has become the latest addition to join the Foundation for Interwallet Operability (FIO).   The wallet joins the likes of ShapeShift, KeepKey, Coinomi, MyCrypto, BRD, and Edge who are already members of the FIO.   With increasing support among the FIO Protocol with exchanges, crypto payment processors, and wallets, it […]
  The post Bitcoin Wallet Mycelium is the Latest to Join the Foundation for Interwallet Operability appeared first on Coinjourn
  
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• Bitcoin up 7% and Ethereum Surges 19%, Good 2019 Start For Crypto

  02-01-2019 19:09
  Over the last 48 hours, the Bitcoin price increased from $3,629 to $3,890, by more than seven percent. The Ethereum price has also surged by 19 percent since January 2 from $143 to $160, recording a substantial increase in value prior to its highly anticipated Constantinople hard fork. Not a Bad Year For Bitcoin Bitcoin ended
  The post Bitcoin up 7% and Ethereum Surges 19%, Good 2019 Start For Crypto appeared first on CCN
  
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• January Outlook For Litecoin - Seeking Alpha

  02-01-2019 19:02 via seekingalpha.com
  January Outlook For Litecoin  Seeking AlphaLitecoin has suffered through the 2018 bear market as well as upgrades to Bticoin and Bitcoin Cash threatening its tech advantage. Still, LTC prices may have ...
  
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• ‘Boring’ Blockchain Could Become Mainstream in 2019: MIT

  02-01-2019 18:48
  Blockchain — which has been hailed as a game-changing technology that could revolutionize whole industries — will be so commonplace in 2019 that it’ll become “boring,” according to the MIT Technology Review. “In 2017, blockchain technology was a revolution that was supposed to disrupt the global financial system,” the Technology Review claimed. “In 2018, it was
  The post ‘Boring’ Blockchain Could Become Mainstream in 2019: MIT appea
  
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• You Can Now Win a Mansion for the Price of a Cinema Ticket in Crypto

  02-01-2019 18:23
  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. Nowadays, selling a property is not an easy task, especially if it’s the expensive, luxurious six-bedroom mansion Dancers Hill House. After unsuccessful efforts to sell their house, set in an
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• Mike Novogratz Ups Stake in Galaxy Digital to Own Almost 80% of Shares

  02-01-2019 18:16 via cointelegraph.com
  Ex-Goldman Sachs partner Mike Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded
  
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• Crypto Lending Business Booms Amidst Bear Market

  02-01-2019 18:01 via newsbtc.com
  The bear market has been a bane for many crypto investors and related businesses that have struggled to remain profitable during continued price decline.
  However, the niche market of crypto lending is currently booming despite the rest of the market and industry suffering.
  Crypto Creditors Creating Opportunity Out of Market Despair
  While some of the most prominent names in the cryptocurrency space – from Bitmain to Huobi, to crypto start-up incubator Consensys – are seeing revenue de
  
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• Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram - CCN

  02-01-2019 17:54 via ccn.com
  Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram  CCNIran has warned its citizens against using Telegram's new cryptocurrency, "Gram," stating that it violates the country's national security.
  
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• Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram

  02-01-2019 17:54
  The Iranian government has continued its adversarial actions against Telegram by criminalizing the use of Gram, the native token of the encrypted messaging app’s new blockchain. According to the Tehran Times, Iran’s Secretary of Criminal Content Definition Task Force, Javad Javidnia, has issued a warning saying that any support offered to the coin would constitute … Continued
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• Dow Jones Makes a Comeback After Opening Bell Selloff; Cryptocurrencies Immune from the Chaos

  02-01-2019 17:12
  U.S. stocks opened the year firmly on Wednesday, as fears of a slowing Chinese economy rippled across the financial markets. The major indexes have since recovered the bulk of their declines with the Dow Jones Industrial Average rebounding more than 300 points from the intraday low. Cryptocurrencies were largely immune from the chaos in traditional markets, … Continued
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• Crypto Markets Are Mostly in Green, Ethereum Regains Top Altcoin Position

  02-01-2019 17:09 via cointelegraph.com
  Ethereum has reclaimed its top altcoin position, as Bitcoin and other major currencies remain in the green
  
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• Tron Price Analysis: TRX Up 4.1 Percent, Reaction at 2.1 Cents Important

  02-01-2019 17:00 via newsbtc.com
  Latest Tron News
  Some individuals like Roubini have no kind words for Bitcoin. There are others like Jed McCaleb who think most ICO projects lack the technical merit to come through from their flowery white papers. He thinks Tron–and 90 percent of other ICO projects, is garbage.
  In a recent interview with Yahoo Finance, he is astounded and yet to comprehend why investors continue to pour funds to projects that might not lift off.
  “The allocation of capital and resources is wild to wa
  
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• Bitcoin Space Growing on Almost All Metrics — Except Economics

  02-01-2019 16:53
  Infrastructure underpinning the world’s leading cryptocurrency bitcoin is looking better even though its value has fallen by more than 80 percent since the peak, argues prominent cryptocurrency software engineer Jameson Lopp. The renowned cypherpunk, who also serves as the chief technical officer to cryptocurrency security company Casa, narrowed down bitcoin‘s performance in 2018 based on multiple … Continued
  The post Bitcoin Space Growing on Almost All Metrics — Ex
  
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• Ripple Price Analysis: XRP Drop to Third, Coins Moved to OTC Distribution Wallets

  02-01-2019 16:00 via newsbtc.com
  Latest Ripple News
  Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins to Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were moved to several OTC Distribution and Escrow wallets for mere cents.
  As expected, movements of such magnitude can be a cause of speculation and even unfounded hype&mda
  
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• Ripple Price Analysis: XRP Drop to Third, Coins Moved From OTC Distribution Wallets

  02-01-2019 16:00 via newsbtc.com
  Latest Ripple News
  Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins from Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were moved from several OTC Distribution and Escrow wallets for mere cents.
  As expected, movements of such magnitude can be a cause of speculation and even unfounded hype
  
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• A Cryptocurrency Trading App That Looks To Set Itself Apart From The Competition - Forbes

  02-01-2019 16:00 via forbes.com
  A Cryptocurrency Trading App That Looks To Set Itself Apart From The Competition  ForbesWhen it comes to buying and investing in cryptos, we are spoilt for choice. One solution, in addition to the portfolio apps that are around, is LUKRUM, a “free and ...
  
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• Tesla Had a Record Quarter, so Why Did its Shares Just Nosedive?

  02-01-2019 15:59
  Shares for electric carmaker Tesla took a nosedive on Wednesday after the Elon Musk brainchild once again failed to meet production targets. Record Quarter Can’t Save Tesla from Missed Targets Pre-market trading saw Tesla shares tumble more than 8 percent on Wednesday. The losses continued following the opening bell, and as of 9:52 am ET
  The post Tesla Had a Record Quarter, so Why Did its Shares Just Nosedive? appeared first on CCN
  
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• Philippine Securities Regulator Postpones ICO Regulation Release

  02-01-2019 15:40 via cointelegraph.com
  The release of the Philippine initial coin offering regulation, meant for release in 2018, has been postponed by the local Securities and Exchange Commission
  
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• E-Commerce Giant DMM Quits Cryptocurrency Mining Business - CoinDesk

  02-01-2019 15:00 via coindesk.com
  E-Commerce Giant DMM Quits Cryptocurrency Mining Business  CoinDeskJapanese e-commerce giant DMM.com is reportedly in the process of winding down its cryptocurrency mining business, less than a year after it set up the ...
  
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• E-Commerce Giant DMM Quits Cryptocurrency Mining Business

  02-01-2019 15:00
  Japanese e-commerce giant DMM.com is in the process of winding down its cryptocurrency mining business due to overall crypto market slump.
  
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• Bitcoin Price Analysis: BTC Back above $4,000, Jimmy Song Confident

  02-01-2019 15:00 via newsbtc.com
  Latest Bitcoin News
  The fall from 2017 peaks was a test of resilience and even dashing for those who bought on “dips”. Though the technique called Dollar Cost Averaging may work, last year’s meltdown coincided with a cool off period weeks after the Bitcoin and altcoin market rallied to new highs. No doubt, the 74 percent retracement shook retail investors to the core. To quantify, there was a radical re-valuation and the total market cap shrunk 85 percent from peaks of $795.6 o
  
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• Nasdaq Futures Plunges 1.84% to Open 2019, But Bitcoin Surges

  02-01-2019 14:47
  Nasdaq Futures kicked off on a bearish note this Wednesday as signs of weak economic data from China impacted the US markets. The index has fallen by 116.60 points, down 1.84% at 6,216.75 after closing 2018 on an annual loss of 4.72%, according to CNBC data. Futures for the Dow Jones Industrial Average are also
  The post Nasdaq Futures Plunges 1.84% to Open 2019, But Bitcoin Surges appeared first on CCN
  
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• Facebook, Cryptocurrency, and The Future of Mobile Commerce - Forbes

  02-01-2019 14:46 via forbes.com
  Facebook, Cryptocurrency, and The Future of Mobile Commerce  ForbesFacebook has already reinvented itself twice, going from a single social media platform in the desktop era to an unbundled collection of mobile apps. Becoming ...
  
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• Financial Instability Of The Cryptocurrency Industry Can Only Be Helped With Regulation - The Cryptocurrency Analytics

  02-01-2019 14:39 via thecurrencyanalytics.com
  Financial Instability Of The Cryptocurrency Industry Can Only Be Helped With Regulation  The Cryptocurrency AnalyticsThe self-regulatory powers of the cryptocurrency are notable. This is one reason why Japan continues to be the forerunner of cryptocurrency adoption and ...
  
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• Dow, Nasdaq Futures Prep for New Years’ Plunge — is China to Blame?

  02-01-2019 14:32
  Dow Jones Industrial Average futures portended a weak opening to the 2019 trading session on Wednesday, as the US stock market extended a downturn that saw the Dow, Nasdaq, S&P 500, and other major indices post their worst yearly returns since the 2008 financial crisis. Nasdaq, Dow, S&P 500 Futures All Take Major Pre-Market Losses
  The post Dow, Nasdaq Futures Prep for New Years’ Plunge — is China to Blame? appeared first on CCN
  
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• MIT Technology Review: Blockchain Will Become Normalized in 2019

  02-01-2019 14:24 via cointelegraph.com
  MIT Technology Review has argued that 2019 will be the year of hype-less, mainstream implementation of blockchain technology
  
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• Issuance of Final ICO Regulations in the Philippines Postponed by Market Regulator

  02-01-2019 14:14
  Regulators in the Philippines have deferred the issuance of final rules on initial coin offerings to mid-January, the Philippine Star reports. The Securities and Exchange Commission of Philippines had been expected to issue the ICO regulations by the end of last year but this has now been postponed to an unconfirmed date. The deferment came
  The post Issuance of Final ICO Regulations in the Philippines Postponed by Market Regulator appeared first on CCN
  
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