Cryptocurrency news

• Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

  11-01-2019 23:45
  In the wake of the 51 percent attack on ethereum classic, the manager of an investment vehicle that holds the cryptocurrency has reassured investors their funds are safe.
  
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• GM Shares Leap as Automaker ups Guidance & Unveils Plan to Take on Tesla

  11-01-2019 23:36
  A leaner General Motors says it will use the Cadillac brand to compete with Tesla, and the firm also delivered bullish guidance for 2019, sending GM shares upwards by 7%. GM Shares Leap 7% on Friday GM has seen excellent sales levels in the US and expects 2019 vehicle sales to once again hit the
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• Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report

  11-01-2019 23:22 via cointelegraph.com
  Kotak Mahindra Bank — India's second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in crypto
  
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• How Institutional Investors are Positioning Themselves in the Crypto sphere

  11-01-2019 23:00 via crypto-news.net
  Bitcoin hit an all-time colossal value of $19,800 in December 2017. With other altcoins proportionately following suit, the total market capitalization value went beyond $600 billion in that year. In 2018, the cryptocurrency capitalization value shrunk to less than a third in comparison to 2017.Bitcoin’s price is based on supply and demand. If the US approves a Bitcoin ETF this year, the price could increase because of demand from institutional investors. The New York Stock Exchange, Goldm
  
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• Crypto Markets Trade Sideways as Bitcoin Forms New Trading Range

  11-01-2019 23:00 via newsbtc.com
  The crypto markets are trading relatively flat after an incredibly volatile trading session yesterday, where many altcoins dropped 10% or more as Bitcoin failed to stabilize above the $4,000 price region.
  It now appears that the crypto markets are forming fresh trading ranges, and analysts agree that further losses could be right around the corner.
  Bitcoin Finds Support Around $3,600 
  Although the recent drop did appear to be negative for Bitcoin’s price, as it signaled that bulls did
  
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• ConsenSys Backs Icelandic Startup Co-Founded by Ex-Chair of Country’s Central Bank

  11-01-2019 22:39 via cointelegraph.com
  ConsenSys has taken part in a funding round for an Icelandic blockchain startup co-founded by the former chairman of the country’s central bank
  
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• Bitcoin Investor Who Lost $1 Million: Crypto Still ‘a Force for Good’

  11-01-2019 22:30
  A bitcoin investor who lost $1 million in the bear market still believes the original cryptocurrency is a “force for good.” However, Peter McCormack warns others to be more careful with their money. “I wish I had taken everything out before the bubble burst,” McCormack wrote at the Guardian. “I have earned money in the
  The post Bitcoin Investor Who Lost $1 Million: Crypto Still ‘a Force for Good’ appeared first on CCN
  
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• Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off

  11-01-2019 22:19
  The bitcoin price will crater below $3,000 amid a mass sell-off. That’s what futures trader Anthony Grisanti predicts about the ongoing Crypto Winter. “I’m looking for a move down to $3,000, which would represent a real weakness in this market,” Grisanti told CNBC. “It could be the driver that gets people to bail out of this and
  The post Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off appeared first on CCN
  
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• OCIE Prioritises Cryptocurrency as a High Risk Market for Investors in 2019 - newsBTC

  11-01-2019 22:00 via newsbtc.com
  OCIE Prioritises Cryptocurrency as a High Risk Market for Investors in 2019  newsBTCIn a report by the Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC), the cryptocurrency space ...
  
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• OCIE Prioritises Cryptocurrency as a High Risk Market for Investors in 2019

  11-01-2019 22:00 via newsbtc.com
  In a report by the Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC), the cryptocurrency space has been named as a priority. The body states that the industry may pose high levels of risk to retail investors.
  The OCIE oversees thousands of investment advisers, mutual funds and ETFs, and broker-dealers, along with many agents, advisers, and various exchanges. The body’s stated mission is aid the SEC in protecting investors, maintaini
  
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• Wyoming Lawmakers Advance Blockchain ‘Sandbox’ Bill

  11-01-2019 21:50
  A Wyoming legislature committee has approved a regulatory sandbox bill, sending it to the full House for a vote.
  
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• Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

  11-01-2019 21:46 via cointelegraph.com
  In the wake of a market slump after reports of a 51% attack on Ethereum Classic, we take a look at the top 10 coins short-term
  
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• Dave Rubin: Crypto is the Answer to Censorship and Patreon

  11-01-2019 21:36
  Dave Rubin, the founder and the host of the Rubin Report, has left Patreon with Dr. Jordan Peterson and has begun to develop an alternative solution, possibly involving crypto. Sharing his Bitcoin address in a statement, Rubin said: This is why Dr. Jordan Peterson and I are leaving Patreon and working on an alternative. It’s
  The post Dave Rubin: Crypto is the Answer to Censorship and Patreon appeared first on CCN
  
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• Crypto Markets Attempt to Stem Recent Losses, Some Top Alts See Solid Green

  11-01-2019 21:22 via cointelegraph.com
  After a major price rout yesterday, many cryptocurrencies are today clawing back lost ground, with most of the major coins tipping back into the green
  
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• Ocasio-Cortez Could Land Banking Post, How Will Stock Market Respond?

  11-01-2019 21:05
  Rep. Alexandria Ocasio-Cortez is the youngest woman ever to serve in Congress. She now looks set to make waves by joining the House Financial Services Committee, which oversees the Wall Street regulatory regime. Peeling Back Trump’s Years of Deregulation Reports indicate the Democratic congresswoman has a strong chance of the appointment and could be an
  The post Ocasio-Cortez Could Land Banking Post, How Will Stock Market Respond? appeared first on CCN
  
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• Estate of Columbian Cartel Kingpin Claims Tether Crypto Is Untrustworthy

  11-01-2019 21:01 via newsbtc.com
  The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question.
  Escobar Inc. plans to launch an initial coin offering (ICO) for a new Ethereum-based stablecoin pegged to the U.S. dollar, that will rival current market leader Tether.
  Escobar Sets Sights on Ousting Trump and Tether From Leadership Posit
  
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• Achieving distributed consensus using DPoS (delegated proof-of-stake)

  11-01-2019 21:00
  Delegated proof-of-stake (DPoS) is a type of consensus protocol used to secure a cryptocurrency platform’s network. Developers of BitShares – an open-source, public blockchain-powered “real-time financial platform”- describe their version of DPoS as a distributed consensus algorithm that aims to “solve the problems of both Bitcoin’s traditional proof-of-work (PoW) system, and the proof-of-stake system of Peercoin and Nxt.”
  According to BitShares’ o
  
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• Ex-BitTorrent Exec Says There’s ‘No Way’ Tron Will Manage BitTorrent’s Token

  11-01-2019 20:51 via cointelegraph.com
  Tron won’t be able to manage the transaction volume needed to tokenize BitTorrent, according to Simon Morris, former chief strategy officer at BitTorrent
  
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• LTO Network Offers Unique Multi-Layer Architecture and Will List Soon on BitMax.io

  11-01-2019 20:48
  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 LTO Network Offers Unique Multi-Layer Architecture and Will List Soon on BitMax.io appeared first on CCN
  
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• Bitcoin Price Dangerously Close to ‘GTFO’ Level: Analyst Mark Dow

  11-01-2019 20:41
  For most of 2019, bitcoin and the wider cryptocurrency market rode a bullish wave, as a reduction in short-selling allowed prices to creep higher. However, on Thursday the bitcoin price crashed below the $4,000 mark, and now one prominent trader warns that it is dangerously close to approaching a level where even bulls need to
  The post Bitcoin Price Dangerously Close to ‘GTFO’ Level: Analyst Mark Dow appeared first on CCN
  
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• After Cancelling ICO, Crypto Startup Zwoop Filed for Administration: Report

  11-01-2019 20:39 via cointelegraph.com
  Crypto and e-commerce startup Zwoop reportedly filed for administration after suspending its ICO
  
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• US: Crypto Is Among SEC’s Top Examination Priorities for 2019

  11-01-2019 19:58 via cointelegraph.com
  The U.S. Securities and Exchange Commission’s top examination priorities this year include cryptocurrencies
  
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• What Jeff Bezos’ Divorce Means for Amazon Investors

  11-01-2019 19:57
  As CCN has reported, Jeff and MacKenzie Bezos are officially divorcing. Whether or not the divorce is the result of a months-long affair with Lauren Sanchez has not been confirmed. What we do know is that unless they change their minds, Amazon shareholders have cause for concern. MacKenzie Bezos Likely to Have Restrictions on AMZN
  The post What Jeff Bezos’ Divorce Means for Amazon Investors appeared first on CCN
  
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• P2P Lending Service Lendabit.com Reveals Its Team and Advisors

  11-01-2019 19:35
  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 P2P Lending Service Lendabit.com Reveals Its Team and Advisors appeared first on CCN
  
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• Ex-Employee: TRON Can’t Handle BitTorrent’s Crypto Token, Will Likely Use Different Network

  11-01-2019 19:33
  Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won’t be able to manage BitTorrent’s high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. In an interview with blockchain magazine BREAKER, Morris said that the network would
  The post Ex-Employee: TRON Can’t Handle BitTorrent’s Crypto Token, Will Likely Use Different Network appeared fi
  
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• Government Shutdown, Trade War Have Doubled Risk of Economic Recession

  11-01-2019 19:05
  Despite a recent stock market rally that has seen the Dow Jones Industrial Average rally back toward 24,000, economists are warning that the partial government shutdown and other factors have put the United States economy at its greatest risk of plunging into a recession in more than half a decade. US Recession Grows More Likely
  The post Government Shutdown, Trade War Have Doubled Risk of Economic Recession appeared first on CCN
  
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• What to Expect When Ethereum’s Constantinople Hard Fork Happens

  11-01-2019 19:00
  Ethereum's next system-wide upgrade, Constantinople, is expected to go live next week.
  
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• IPFS vs HTTP: How distributed networks make the internet great again

  11-01-2019 19:00
  InterPlanetary File System (IPFS) is a protocol operating on a distributed network. IPFS allows you to store and share files in a way that dramatically improves on the more widely known and used Hypertext Transfer Protocol (HTTP).
  In this article, we will examine the difference between the traditional method of linking websites and resources using HTTP to that which is offered by IPFS. The benefits in functionality and utility are immense. Using this comparison, we shed light on the differe
  
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• Why Goldman Sachs Predicts Gold Will Climb 10% to $1,425

  11-01-2019 18:51
  Goldman Sachs has predicted that the price of gold will rise this year driven by fears of slowing economic growth, according to CNBC. In the next three months, the investment bank has forecast that the price of gold to hit $1,325 per troy ounce from $1,250. Three and nine months later, the Wall Street firm
  The post Why Goldman Sachs Predicts Gold Will Climb 10% to $1,425 appeared first on CCN
  
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• Vinny Lingham: Crypto Market Won’t Recover Anytime Soon

  11-01-2019 18:19
  Vinny Lingham, a general partner at Multicoin Capital and the CEO of Civic, believes the crypto market won’t recover any time soon. He said: The crypto market will rise again, but most likely only when the pain of the recent fall becomes a distant memory. Don’t underestimate the power of psychology in free markets. Why
  The post Vinny Lingham: Crypto Market Won’t Recover Anytime Soon appeared first on CCN
  
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• Macy’s Plunges 17.68%: Are US Retailers in Real Trouble?

  11-01-2019 18:08
  With an unprecedented 17.68 percent drop on Thursday, Macy’s may possibly fuel a short-term decline of all retailers in the United States. Following the plunge in the stock price of Macy’s, other major retailers in the likes of Target have started to demonstrate a lack of momentum from the strong corrective rally the U.S. stock
  The post Macy’s Plunges 17.68%: Are US Retailers in Real Trouble? appeared first on CCN
  
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• Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain

  11-01-2019 17:38
  Bitcoin birthed the concept of blockchain technology, and now even organizations as technologically advanced as NASA are considering its benefits. Yet cryptocurrency is often described as a fad, a bubble, and even worthless. NASA Eyes Hyperledger Blockchain for Air Traffic Management Ronald J. Reisman, an aero-computer engineer at the NASA Ames Research Center, has put
  The post Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain appeared first on CCN
  
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• Morgan Stanley: Stock Market Vulnerable, Sentiment ‘Extremely Bearish’

  11-01-2019 17:27
  Earlier this week, Morgan Stanley strategist Mike Wilson said on CNBC Fast Money that the stock market is still vulnerable to a short-term drop. Although the stock market has shown extreme levels of bearish sentiment and an intense sell-off throughout December 2018 that may be a signal for the establishment of a bottom, Wilson said that
  The post Morgan Stanley: Stock Market Vulnerable, Sentiment ‘Extremely Bearish’ appeared first on CCN
  
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• Hackers are stealing computer power to make millions in cryptocurrency - New Scientist

  11-01-2019 17:02 via newscientist.com
  Hackers are stealing computer power to make millions in cryptocurrency  New ScientistCryptojacking uses other people's computer power to mine cryptocurrency, the technique has netted one hacker gang $18 million.
  
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• What are Reverse ICOs?

  11-01-2019 17:00
  You may remember the “reverse IPO”—the most controversial IPO of the Internet boom—whereby a private company acquires a public company to bypass the lengthy public securities offering process…
  What are Reverse ICOs?
  A reverse ICO is similar. Investopedia defines the process below:“…a reverse ICO is used by real-world enterprises… [it] works exactly the same way as for a standard ICO, though it is said that their valuations are easier and mo
  
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• Bitcoin Price Analysis: BTC Losses Coincide with China’s New Policies

  11-01-2019 17:00 via newsbtc.com
  Bitcoin Price slow down after sinking 10 percent
  China introduces new privacy quashing blockchain rules
  Trading volumes steady but bearishEven though today’s losses are low, there is hope for traders as long as Bitcoin prices are oscillating above $3,700. Drops below this minor support line could trigger sells towards $3,220 or lower in the next few days.
  Bitcoin Price Analysis
  At spot prices, Bitcoin is down 3.8 percent in the past 24 hours but stable in the last hour. The coin is flat a
  
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• Bitpay Executive: $20,000 Bitcoin Price in 2017 was an ‘Anomaly’

  11-01-2019 16:36
  Bitpay CCO Sonny Singh has stated that the $20,000 bitcoin price at the back-end of 2017 and the price fluctuations throughout 2018 were a bit of “an anomaly”. He also agrees that bitcoin demand and usage were at a low last year and although crypto volatility has been a continuing trend into the new year,
  The post Bitpay Executive: $20,000 Bitcoin Price in 2017 was an ‘Anomaly’ appeared first on CCN
  
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• Cryptocurrency adoption prohibited by Indian banks; force customers to sign contract - AMBCrypto News

  11-01-2019 16:32 via ambcrypto.com
  Cryptocurrency adoption prohibited by Indian banks; force customers to sign contract  AMBCrypto NewsThe Reserve Bank of India, India's central banking institution had prohibited the banks of the country from providing any assistance or services to cryptocurrency ...
  
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• Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

  11-01-2019 16:27 via cointelegraph.com
  Mongolia’s capital city administration has partnered with a blockchain company to use its stablecoin for utility bills and government subsidies
  
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• Scammy ETH “Forks” to Steal Users’ Private Keys

  11-01-2019 16:23
  Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are new crypto scam projects
  
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• Trump: Mexico will Pay for Wall as USMCA is ‘Billions of Dollars’ Better Than NAFTA

  11-01-2019 16:07
  U.S. President Donald Trump has reiterated that Mexico will pay for the wall that he pledged to build along the country’s southern border during the 2015/2016 campaign rallies. In an early-morning tweet, Trump declared that the benefits accruing from the recently signed United States-Mexico-Canada Agreement (USMCA) trade deal would meet the cost of the wall:
  The post Trump: Mexico will Pay for Wall as USMCA is ‘Billions of Dollars’ Better Than NAFTA appeared first on CCN
  
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• DX.Exchange Claims Security Vulnerability Has Been Patched

  11-01-2019 16:03
  After a tumultuous few days since initially launching their trading platform, the DX.Exchange has made a statement to address the security issues that created vulnerabilities in their system. The DX.Exchange have come out to inform their users that the potentially serious security issues have now been patched and all bugs fixed. DX.Exchange “User Funds are
  The post DX.Exchange Claims Security Vulnerability Has Been Patched appeared first on CCN
  
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• Ripple Price Analysis: Sep 2018 Gains Shore XRP Bulls

  11-01-2019 16:00 via newsbtc.com
  Ripple price is trading within Sep 2018 high low and bullish
  The management team at Circle convinced crypto valuation would rise.
  Bear trading volumes high, XRP prices likely to find support at 30 centsAlthough losses were market wide, XRP is resilient, absorbing sell shocks and rising above ETH for the first time in 2019. Even with this safe-haven status, we expect XRP to slide against the USD towards 30 cents.
  Ripple Price Analysis
  The ability of XRP to absorb shocks may be the reason why the
  
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• Pablo Escobar’s Brother Says New Crypto Will Fund ‘Impeach Trump’ Effort

  11-01-2019 16:00
  The brother of deceased drug lord Pablo Escobar has launched a cryptocurrency apparently targeting the impeachment of President Trump.
  
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• Almost 200 Firms Looking to Get Crypto Licensing in Japan

  11-01-2019 15:42
  The blockchain industry in the east Asian country has suffered some major ups and downs in the past 12 months
  
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• SEC Lists Cryptocurrency as a Top ‘Examination’ Priority for 2019 - CCN

  11-01-2019 15:41 via ccn.com
  SEC Lists Cryptocurrency as a Top ‘Examination’ Priority for 2019  CCNCryptocurrencies will be one of the examination priorities of the U.S. Securities and Exchange Commission (SEC) in 2019.
  
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• SEC Lists Cryptocurrency as a Top ‘Examination’ Priority for 2019

  11-01-2019 15:40
  Cryptocurrencies will be one of the examination priorities of the U.S. Securities and Exchange Commission (SEC) in 2019. According to the SEC’s Office of Compliance Inspections and Examinations (OCIE), this will be done with a view of protecting retail investors in the nascent asset class. Among the market activities that the OCIE will monitor include
  The post SEC Lists Cryptocurrency as a Top ‘Examination’ Priority for 2019 appeared first on CCN
  
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• The First-Ever AI DApp Discovered on the Cortex Blockchain

  11-01-2019 15:35
  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 The First-Ever AI DApp Discovered on the Cortex Blockchain appeared first on CCN
  
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• US Partner of Crypto Exchange Huobi Rebrands as Huobi

  11-01-2019 15:00 via cointelegraph.com
  HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service
  
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• OTC Volume of Bitcoin is Rising: Are Institutions Buying?

  11-01-2019 15:00 via newsbtc.com
  While over-the-counter (OTC) and dark pool trading is a lesser-known branch of the crypto tree, this subsector has quickly become a hot topic for institutions with a growing penchant for Bitcoin. Recent data from a leading crypto-centric OTC desk has only corroborated this fact, making it apparent that capital enters cryptocurrencies via mediums other than spot exchanges.
  Crypto OTC Offerings Boom Amid Bitcoin Plunge
  Genesis Trading, one service provider arm of the Digital Currency Group co
  
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