Cryptocurrency news

• Curated blockchain and cryptocurrency News – Week 2’19

  16-01-2019 23:52 via crypto-news.net
  Weekly overviewTobacco stores in France start to sell crypto, Bitwise tries one more time for ETF approval, BitTorrent Token will not be decentralized, suggests ex-CEO, Bitmain stops operations in Texas, Canada is considering their stance on cryptocurrency donations for political campaigns, major Spanish energy company implements a blockchain solution to track renewable energy usage, and the Marshall Islands with their Sovereign dream which may become reality if they are persistent enough.Bitcoi
  
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• BitMEX Research: ICO Tokens Allocated by Teams to Themselves Lost 54% of $24 Bln Value

  16-01-2019 23:45 via cointelegraph.com
  A new report by BitMEX shows that ICO teams have lost 54 percent of value of the initial $24 billion worth of tokens allocated to themselves
  
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• United Airlines: We’re Not Hurting from Government Shutdown [Yet]

  16-01-2019 23:26
  United Airlines CEO Oscar Munoz says the partial US government shutdown has not had a significant financial impact yet, but warns that this could change dramatically if the furlough drags on much longer. “There is some impact there,” Munoz told CNBC Wednesday (Jan. 16). “It’s not discernible and it’s not significant. Clearly the longer this
  The post United Airlines: We’re Not Hurting from Government Shutdown [Yet] appeared first on CCN
  
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• Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session

  16-01-2019 23:00 via newsbtc.com
  Bitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed.
  Although the crypto markets are trading off of their recent lows, analysts still expect there to be further losses in the nea
  
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• Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%

  16-01-2019 22:47
  The Dow Jones Industrial Average received a huge boost today as Goldman Sachs reported higher than expected earnings for the fourth quarter of 2018. Goldman Sachs delivered adjusted earnings per share (EPS) of $6.05 against analyst’s predictions of $4.53. Its revenue hit $8.08 billion exceeding analysts forecasts of $7.54 billion. The bank’s stocks have surged
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• Are Cryptocurrency Exchanges Safe? DEX the New Selling Keyword Post Cryptopia Hack - Coingape

  16-01-2019 21:58
  Are Cryptocurrency Exchanges Safe? DEX the New Selling Keyword Post Cryptopia Hack  CoingapeWhile New Zealand based cryptocurrency exchange Cryptopia has gone offline after suffering a security breach, industry leaders call out 'crypto enthusiasts' to ...
  
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• Trump Slump? Government Shutdown & Trade War Leave Markets on Edge

  16-01-2019 21:45
  The federal government shutdown showdown of 2019 between Capitol Hill Democrats and President Donald Trump keeps setting records as it enters into its 26th day. The previous longest federal shutdown in U.S. history was the 1995-’96 face-off between Speaker Newt Gingrich (leading the first Republican House Majority in 40 years) and President Bill Clinton. That
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• Cryptocurrency-Funded Cannabis Genome Presented at PAG - GenomeWeb

  16-01-2019 21:30
  Cryptocurrency-Funded Cannabis Genome Presented at PAG  GenomeWebSAN DIEGO (GenomeWeb) – At the Plant and Animal Genomes conference this week, Medicinal Genomics senior advisor Timothy Harkins shared early results ...
  
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• Grin Mining Launch Draws Interest From Deep-Pocketed Investors

  16-01-2019 21:00
  Investment firms joined the fray in yesterday's launch of the privacy-focused cryptocurrency known as Grin.
  
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• Crypto Isn’t Criminal Money: Binance Blocks Funds From Hacked Exchange

  16-01-2019 21:00 via newsbtc.com
  This week, the popular crypto exchange Cryptopia suffered the first major security breach of 2019, resulting in “significant losses” of crypto assets the exchange had stored. Following the breach, social media users began tracking the movements of the stolen funds and alerted Binance CEO Changpeng Zhao that the funds had landed on Binance – the world’s largest cryptocurrency exchange by adjusted volume according to CoinMarketCap.
  Zhao and his exchange have earned a r
  
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• Why Ford Believes Blockchain Can Help Fight Child Labor

  16-01-2019 20:58
  Automotive giant Ford has entered a partnership with IBM, Huayou Cobalt, and LG Chem to build a blockchain platform to monitor the supply of cobalt from the Democratic Republic of Congo as part of an attempt to ensure that child labor does not make up any part of its supply chain. Ford & IBM Partner
  The post Why Ford Believes Blockchain Can Help Fight Child Labor appeared first on CCN
  
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• John Carvalho challenges Roger Ver to a fight for the Bitcoin.com domain

  16-01-2019 20:41
  The infamous domain Bitcoin.com is once again in the midst of a crypto drama. John Carvalho, best known in the Bitcoin community as the ever-cynical and brutally honest Bitcoin Error Log, has challenged BCH leader Roger Ver to a fight for “the biggest prize in crypto”. While the stipulations regarding the duel are still unclear and the prized possession that Mr. Carvalho puts on the line is yet to be determined, those of us who watch the events unfold can only reaffirm that there&rsq
  
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• Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 16

  16-01-2019 20:35 via cointelegraph.com
  Despite the market-wide price plunge last year, cryptocurrency trading volumes have actually increased in 2018 vs 2017. Do the charts reflect the improving fundamental indicators of crypto?
  
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• NZ Police Investigate Crypto Exchange Cryptopia Hack

  16-01-2019 20:15 via feedproxy.google.com
  
  New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$3.5 million.    Christchurch company Cryptopia, which has been said to be operating New Zealand’s largest cryptocurrench exchange, shut down its website and exchange services on January 14 citing a security […]
  The post NZ Police Investigate Crypto Exchange Cryptopia Hack appeared first on Coi
  
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• Binance Foils Cryptopia Hacker by Freezing Stolen Crypto

  16-01-2019 20:10
  Binance has frozen some of the funds that were stolen from crypto exchange Cryptopia during the high-profile hack that occurred earlier this week. Binance Puzzled Why Hackers Keep Sending Funds to its Exchange Binance CEO Changpeng Zhao announced the news in an early morning tweet on Wednesday. Just checked, we were able to freeze some of
  The post Binance Foils Cryptopia Hacker by Freezing Stolen Crypto appeared first on CCN
  
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• “Crypto winter is upon us”: Denver cryptocurrency company ShapeShift lays off one-third of staff - The Denver Post

  16-01-2019 20:06
  “Crypto winter is upon us”: Denver cryptocurrency company ShapeShift lays off one-third of staff  The Denver PostShapeShift AG, one of the biggest names in Denver's nascent cryptocurrency scene, said it has laid off 37 people – one-third of its staff.
  
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• Ripple Price Analysis: XRP and xRapid Success Disprove Critics

  16-01-2019 20:00 via newsbtc.com
  Ripple price steady and bullish
  Brad Garlinghouse’s pride, xRapid gaining traction
  Transaction volumes thin as XRP consolidates inside Jan 14 high lowPrices may be all over the place and consolidating inside Jan 14 bull bar but our last XRP/USD price analysis remain the same. As long as XRP prices trend above 30 cents, bulls have a chance to rally—thanks to increasing adoption of xRapid.
  Ripple Price Analysis
  Fundamentals
  Sometimes back, news had it that Ripple may be in advanced st
  
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• Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin

  16-01-2019 19:48
  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 Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin appeared first on CCN
  
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• ConsenSys Joins News Industry Leaders to Invest in New WordPress Publishing Platform

  16-01-2019 19:37 via cointelegraph.com
  ConsenSys has invested in new publishing platform by WordPress and will provide its blockchain-powered native plugin for the newsrooms
  
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• BitGo & Genesis Trading Want to Help Whales Avoid Crypto Exchanges

  16-01-2019 19:21
  Blockchain security firm BitGo has entered a partnership that will allow its clients to trade cryptocurrency assets that are held in its custody. The partnership with over-the-counter exchange Genesis Global Trading will allow BitGo clients to trade their digital assets without having to move them from the custody service to a crypto exchange. Under the
  The post BitGo & Genesis Trading Want to Help Whales Avoid Crypto Exchanges appeared first on CCN
  
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• S&P 500 Will Rally in 2019, Predicts ‘Stubborn Bull’ Joseph Zidle

  16-01-2019 19:03
  Blackstone’s new chief strategist, Joseph Zidle, says the government shutdown won’t have a lasting effect on the US stock market and predicts that the S&P 500 is heading for a 15% rally. Zidle Not Concerned about Government Shutdown Zidle recently succeeded the legendary strategist Byron Wien at Blackstone. Speaking this week on CNBC’s “Fast Money,”
  The post S&P 500 Will Rally in 2019, Predicts ‘Stubborn Bull’ Joseph Zidle appeared first on CCN
  
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• Vontobel Bank announces Digital Asset Vault for crypto custody

  16-01-2019 19:00
  Swiss customers will now have a new type of exposure to the crypto markets via Vontobel’s Digital Asset Vault solution.
  Vontobel to offer crypto custody
  Investment banking and asset management giant, Vontobel, announced a new digital asset custody option earlier this week in a news release. Vontobel’s Digital Asset Vault will allow Swiss banks and asset managers to utilize the banking framework and support for their customers’ digital asset purchasing and storage desires.
  The d
  
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• Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay

  16-01-2019 19:00 via newsbtc.com
  Ethereum price steady
  Constantinople fails to take off, vulnerabilities discovered
  Trading volumes low, ETH/USD may consolidation
  Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend longs, ETH must first rally above Dec 2018 highs of $170
  Ethereum Price Analysis
  Fundamentals
  It is official, Constantinople is off. However, how the Ethereum Foundation and other developers faile
  
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• Booming Chinese Capital Outflows May Result In 2019 Crypto Bull Run

  16-01-2019 18:57
  Increasing rates of Chinese capital outflows over the past few months are presenting the cryptocurrency space with an unprecedented opportunity as citizens of one of the world’s most strictly regulated jurisdictions find ever more ingenious ways to get around financial movement restrictions. China’s Capital Restriction Problem In theory, China has perhaps the most stringent capital
  The post Booming Chinese Capital Outflows May Result In 2019 Crypto Bull Run appeared first on CCN
  
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• Former US congressman criticizes SEC approach to cryptocurrency - Chepicap

  16-01-2019 18:46
  Former US congressman criticizes SEC approach to cryptocurrency  ChepicapFormer US Congressman George Nethercutt, a Republican member of the United States House of Representatives from 1995 to 2005 and cryptocurrency ...
  
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• ‘Critical’ Vulnerability in Beam Wallet Put Funds At Risk, Developers Say After Fix

  16-01-2019 18:45
  The "critical vulnerability" found by developers of the mimblewimble privacy coin Beam is said to have put user funds directly at risk of being stolen.
  
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• ‘Critical’ Vulnerability in Beam Wallet Could Have Put Funds At Risk, Devs Say After Fix

  16-01-2019 18:45
  The "critical vulnerability" found by developers of the mimblewimble privacy coin Beam is said to have put user funds at possible risk of being stolen.
  
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• Victory: Eddie Lampert’s $5.2 Billion Bid Rescues Sears from Bankruptcy

  16-01-2019 18:21
  ESL Investments CEO Eddie Lampert has emerged victorious in the Sears Holding Corporation bankruptcy auction with a $5.2 billion bid that potentially saves tens of thousands of jobs and keeps 425 Sears stores open across the United States. Sears Shares Leap after Lampert Wins Bankruptcy Auction Earlier in January, CCN reported that Lampert was granted
  The post Victory: Eddie Lampert’s $5.2 Billion Bid Rescues Sears from Bankruptcy appeared first on CCN
  
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• ‘Gravity’s a B*tch’: BitMEX CEO Mocks Crypto Firms for Failure of ‘Poo Poo’ ICOs

  16-01-2019 18:03
  The research team at BitMEX exchange has released a report in collaboration with TokenAnalyst which reveals that various ICO teams in 2018 gifted themselves a grand total of $24.2 billion worth of crypto tokens. The abstract of the piece is quick to state that “in reality liquidity was too low for this value to be
  The post ‘Gravity’s a B*tch’: BitMEX CEO Mocks Crypto Firms for Failure of ‘Poo Poo’ ICOs appeared first on CCN
  
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• Why we need decentralized content curators

  16-01-2019 18:00
  We like to complain and bash middlemen that take a cut from profits – like Amazon taking 30–65% from my e-book revenue. While I’d rather not pay them, it personally doesn’t bother me too much.I’m sure many authors will probably agree that it’s a small price to pay for the reach you achieve and consistency you get from a large platform like Kindle or blogging site like Medium. It’s a win-win, and it’s the reason why I continue to use these platforms
  
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• US Lawmaker Reintroduces Bill Seeking ‘Safe Harbor’ for Some Crypto Startups

  16-01-2019 18:00
  Rep. Tom Emmer has re-introduced a bill hoping to provide crypto startups which do not store users' tokens exemptions from state-level money transmission laws.
  
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• Bitcoin Price Analysis: BTC Unchanged as Volatility Taper

  16-01-2019 18:00 via newsbtc.com
  Bitcoin Price trading range tight
  Bulgaria’s NRA introduces a 10 percent tax on crypto profits
  Transaction volumes low as BTC/USD range within Jan 14 high-lowCandlestick arrangement favors bulls. However, as the government opens up, we recommend patience until after Bitcoin prices rally above $4,500 in line with our last BTC/USD trade plan.
  Bitcoin Price Analysis
  Fundamentals
  The thing is, governments irrespective of jurisdiction won’t budge and will see towards enforcement of their
  
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• Malaysia to Jail Illegal ICO and Crypto Exchanges Operators for 10 Years

  16-01-2019 17:33 via newsbtc.com
  Running an unregistered crypto exchange or an initial coin offering (ICO) in Malaysia could land the operator in jail for a maximum of 10 years.
  $2.43 Million in Fines
  Securities Commission Malaysia (SC), the country’s top financial watchdog, has announced that it would categorize cryptocurrencies such as Bitcoin as securities. The commission confirmed in a press release that the said regulations have come into force by January 15. Therefore, anyone planning to run crypto operations i
  
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• Survey: US Investors That Sold BTC Lost $1.7 Billion, Many Don’t Intend to Deduct Losses

  16-01-2019 17:11 via cointelegraph.com
  In the United States, Bitcoin investors who sold their BTC lost $1.7 billion, but overall don’t intend to deduct it on their tax returns, a survey finds
  
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• Invesco Bullish on China as US Firms Blame Trade War for Revenue Woes

  16-01-2019 17:09
  Investment management firm Invesco has suggested that opportunities exist in China despite the earnings warnings that U.S multinationals have issued in response to the ongoing trade war. Speaking to CNBC, Invesco’s chief global market strategist, Kristina Hooper, stated that U.S. companies have “overly blamed China” for revenue declines: There’s a lot of fear around China.
  The post Invesco Bullish on China as US Firms Blame Trade War for Revenue Woes appeared first on CCN
  
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• Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes

  16-01-2019 17:01
  Russian Prime Minister Dmitry Medvedev has addressed the cryptocurrency bear market in a speech at the Gaidar international scientific forum, according to local media outlet TASS. Russian PM Warns Against Discounting Bitcoin On Tuesday, Medvedev stressed the importance of carefully monitoring the situation of Bitcoin and other cryptocurrencies, citing their volatility as a cause for
  The post Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes appeared first on CCN
  
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• XRP Price Analysis: XRP Maintains Position as Second Largest Cryptocurrency by Market Cap - Blokt

  16-01-2019 16:59
  XRP Price Analysis: XRP Maintains Position as Second Largest Cryptocurrency by Market Cap  BloktEthereum outperformed XRP on Monday, and it looked highly possible that Ethereum would overtake XRP and reclaim the position of largest altcoin by market ...
  
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• Binance to Launch Crypto-Fiat Exchange at Jersey

  16-01-2019 16:59
  The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
  
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• Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens

  16-01-2019 16:57 via cointelegraph.com
  Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security tokens
  
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• New Zealand Police to Investigate Cryptopia Hack

  16-01-2019 16:46
  Cryptopia declined further comments due to the ongoing investigation
  
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• Cryptocurrency, blockchain conference set for New Orleans - New Orleans CityBusiness

  16-01-2019 16:41
  Cryptocurrency, blockchain conference set for New Orleans  New Orleans CityBusinessA conference on cryptocurrency and blockchain is coming to New Orleans. The Crypto Current Conference is scheduled March 14 and 15 at the New Orleans ...
  
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• Dow Jumps 145 Points as Markets Shrug off Brexit Blunder

  16-01-2019 16:40
  U.S. stocks extended gains after the bell on Monday, as investors shrugged off Theresa May’s Brexit blunder and shifted their focus to corporate earnings season. Dow in the Green All of Wall Street’s major indexes traded sharply higher in the early morning. The Dow Jones Industrial Average rose 145 points, or 0.6%, to 24,211.27. Dow
  The post Dow Jumps 145 Points as Markets Shrug off Brexit Blunder appeared first on CCN
  
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• Venezuela’s Petro Cryptocurrency Value Increased by President Maduro to Boost Adoption - Bitcoin Exchange Guide

  16-01-2019 16:16
  Venezuela’s Petro Cryptocurrency Value Increased by President Maduro to Boost Adoption  Bitcoin Exchange GuideThe economy of Venezuela is hurting. President Nicolas Maduro's government is trying to help its people. The bolivar is performing worse by the day as the ...
  
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• BANKEX Partners with Digital Trust Fund to Develop Uzbekistan’s Digital Economy

  16-01-2019 16:13
  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 BANKEX Partners with Digital Trust Fund to Develop Uzbekistan’s Digital Economy appeared first on CCN
  
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• Cryptocurrency Made Simple - CryptoManiaks

  16-01-2019 16:12
  Cryptocurrency Made Simple  CryptoManiaksCryptomaniaks is a community dedicated to teaching and guiding cryptocurrency beginners looking to learn about and understand cryptocurrency, altcoins, ...
  
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• Crypto Exec: Bitcoin Was “Purpose-Built” To Be Store Of Value, Not Cash

  16-01-2019 16:09 via newsbtc.com
  Although the crypto industry has changed dramatically in its decade-long lifespan, the narrative surrounding Bitcoin (BTC), along with its cardinal value proposition. has been steady, more or less. Yet, there have been a few nuances. Case in point, over recent years, proponents of BTC have flickered between the asset being a Store of Value (SoV) or a Medium of Exchange (MoE). As both arguments have their merits and proofs, a sometimes volatile dichotomy has formed between commenta
  
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• Marxists, socialists, and communists should embrace Bitcoin too

  16-01-2019 16:03
  Karl Marx’s “The Communist Manifesto” and “The Capital” are two of the most influential books in modern history. It’s thanks to these writings that leaders in the Western world have tamed capitalism to reduce work hours and give the workers some days off. Without ideas such as commodity fetishism and labor alienation, we would have a hard time intellectually defining our social phenomena. Furthermore, the writings of Karl Marx and Friedrich Engels have spawned
  
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• Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+

  16-01-2019 16:00 via cointelegraph.com
  Independent security analysts at ICORating have given 16 percent of the world’s biggest crypto trading platforms an A rating, and none an A+.
  
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• New WordPress Publishing Platform Will Offer Blockchain Features

  16-01-2019 16:00
  WordPress is launching a news publishing platform backed by Google and ConsenSys, with blockchain tools on offer from Civil.
  
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• Economist Behind Claim Russia Will Buy $10 Billion Worth of Bitcoin Said Price Would Collapse to $100 Last Year

  16-01-2019 16:00 via feedproxy.google.com
  
  Over the past week or two, a story about Russia adding bitcoin to their foreign currency reserves has been reported in a variety of media outlets such as The Daily Telegraph, Fortune, and ZeroHedge. All of these stories cite Vladislav Ginko, who is an economics lecturer at the state-funded Russian Presidential Academy of National Economy […]
  The post Economist Behind Claim Russia Will Buy $10 Billion Worth of Bitcoin Said Price Would Collapse to $100 Last Year appeared first on Coinjourna
  
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