Cryptocurrency news

• BitTorrent Tokens Sold Out in Under 15 Minutes, Netting Over $7 Mln

  28-01-2019 23:50 via cointelegraph.com
  The BitTorrent token sale on Binance Launchpad concluded in under 15 minutes, despite some technical difficulties
  
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• Turns out Venezuela's Oil-Backed Petro Cryptocurrency is Real after All - CCN

  28-01-2019 23:38 via ccn.com
  Turns out Venezuela's Oil-Backed Petro Cryptocurrency is Real after All  CCNIn December 2017, Venezuelan President Nicolas Maduro announced that the South American nation's government was going to launch an oil-backed ...
  
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• Turns out Venezuela’s Oil-Backed Petro Cryptocurrency is Real after All

  28-01-2019 23:37
  In December 2017, Venezuelan President Nicolas Maduro announced that the South American nation’s government was going to launch an oil-backed cryptocurrency called the Petro. Since then, the cryptocurrency’ actual existence has been questionable, but CCN recently got our hands on some tokens. Venezuela’s Petro Cryptocurrency Exists Ever since Maduro’s announcement, the Petro has been a controversial cryptocurrency. Maduro has claimed 100 million tokens were to be iss
  
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• Cryptocurrency Exchange Liqui.io Closes Down, Likely Exit Scam – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust - CryptoIQ

  28-01-2019 23:18 via cryptoiq.co
  Cryptocurrency Exchange Liqui.io Closes Down, Likely Exit Scam – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust  CryptoIQThe Liqui.io cryptocurrency exchange has replaced the front page of its website with an announcement that says “We gave you the right to decide whether you ...
  
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• Litecoin will add Confidential Transactions in 2019

  28-01-2019 23:14
  Litecoin founder Charlie Lee has been talking about the importance of fungibility for quite some time. Even during his exclusive interview with Crypto Insider, Satoshi Lite has decided to bring up the issue and give us an insight on his recent thoughts: “So, having something like confidential transactions will get us closer to good privacy and good fungibility, and that is something that I am currently thinking about exploring for Litecoin.”
  The underlying idea is very
  
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• Huawei Faces Criminal Charges, Officials Say This Won’t Hurt US-China Trade Talks

  28-01-2019 23:04
  The day of reckoning has come for Huawei, as the U.S. Justice Department has unsealed a 13-count indictment against the world’s largest telecommunications equipment manager. Justice Department Charges Huawei The indictment alleges that Huawei, two affiliated companies, and its chief financial officer Meng Wanzhou committed fraud and conspiracy in connection with deals in Iran. Commerce Secretary Wilbur Ross stressed: These are law enforcement actions and are wholly sepa
  
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• Apple’s iPhone Woes are Over, But are AAPL Shares Really out of the Woods?

  28-01-2019 22:49
  A top equities analyst, drawing on his knowledge of the company’s suppliers, predicts “limited downside risks” for Apple’s share price. He follows Morgan Stanley’s sentiment last week that the worst could now be over for the tech giant’s stock. Ming-Chi Kuo Says Q2 iPhone Results Will Beat Expectations Ming-Chi Kuo is an analyst with TF International Securities. According to CNBC, he says there are now: Limited downside risks for Apple and iPhone suppliers&rsq
  
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• Bitgrail CEO Ordered to Pay $170M He Claims Lost to Hackers

  28-01-2019 22:35
  An Italian court has previously seized the remaining assets of this controversial Italian exchange.
  
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• Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

  28-01-2019 22:20 via cointelegraph.com
  Italian bankruptcy court has ordered the founder of hacked Italian cryptocurrency exchange BitGrail to return as many hacked assets to his customers as possible
  
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• Bitcoin Price Analysis: Buckle up Bulls, More Losses Lie Ahead

  28-01-2019 22:20
  The bitcoin price on Monday depreciated as much as 4.74 percent against the US dollar after breaking out of its two-week long consolidation period. At 20:00 UTC on Coinbase, BTC/USD was trading at $3,415, down 3.31 percent from today’s opening rate. The pair confirmed a downside break of its near-term bearish pennant formation. As it did, it also broke below a crucial support level at $3,460, which had capped a strong downside action on November 25, 2018. Bitcoin’s Technical Outlook
  
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• SEC Wins Mammoth $1 Billion Judgment Against Woodbridge Group Ponzi Scheme

  28-01-2019 22:07
  The U.S. Securities and Exchange Commission (SEC) announced Monday that a federal court in Florida had ordered Woodbridge Group of Companies LLC to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors. Penalties are fines paid to the governing authorities, but disgorgements are court-ordered repayments of ill-gotten gains to the parties that have been defrauded. A Massive Disgorgement and Crushing Penalties In this case, the Woodbridge Gro
  
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• Altcoins Plunge as Bitcoin and Crypto Markets Drop Below Recently Established Support Levels

  28-01-2019 22:00 via newsbtc.com
  Over the past couple of weeks, the crypto markets have experienced a persisting bout of sideways trading that didn’t allow for any major price action in the altcoin markets. Today, however, the typical crypto volatility returned in full force, sending most major altcoins and Bitcoin down significantly over the past 24-hour trading period.
  Today’s drop led most altcoins to break below their previously established support levels, which puts further losses in play in the near-term.
  Anal
  
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• Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency

  28-01-2019 21:32 via cointelegraph.com
  Blockchain is helping to make decentralized energy networks a reality
  
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• Nvidia Says Q4 Crypto Miner Demand Was as Weak as Expected

  28-01-2019 21:30
  Nvidia has cut its 4Q revenue forecast, which already factored in reduced demand for GPUs used in crypto mining.
  
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• Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings

  28-01-2019 21:24
  With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the fourth slot in the crypto market cap rankings. The repositioning can be attributed more to the downfall of other cryptocurrencies than it can to increased demand for Tether or expansion of its market cap. At $2 billion, it is about 20% of third-place Ethereum. Combined, the top three (Bitcoin, Ripple/XRP, and Ethereum) make up $70 billion of the current $112 billion cryptocurrency market capitalization. Fo
  
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• Op-Ed: If Trump’s Trade War Saved the Steel Industry, Then the Free Market Lost

  28-01-2019 21:10
  President Donald Trump took a victory lap on Twitter on Monday for his controversial trade war against China, claiming that steel tariffs have “totally revived” and “saved” the steel industry in the United States: Tariffs on the “dumping” of Steel in the United States have totally revived our Steel Industry. New and expanded plants are happening all over the U.S. We have not only saved this important industry, but created many jobs. Also, billions paid to our
  
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• Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further

  28-01-2019 21:00 via newsbtc.com
  Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure.
  Analyst are conclusively bearish following BTC’s recent price move, but analysts are also quick to point out that the significant technical
  
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• Why a Sub-$3,000 Drop Will Mean Bitcoin Has Entered ‘Nuclear Winter’

  28-01-2019 20:42
  Vinny Lingham, a general partner at crypto fund Multicoin Capital and the CEO at Civic, has said that if the Bitcoin price drops below $3,000, it will face serious problems. In an event in which the Bitcoin price plunges to the $2,000 region — breaking a major support level at $3,000 — the investor said that crypto winter would turn into “nuclear winter.” If we break below $3000 for Bitcoin, “crypto winter” will become “crypto nuclear winter”&helli
  
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• BitStarz Named Players’ Choice Casino at AskGamblers Awards!

  28-01-2019 20:34
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Monday, January 21st, 2019 – The players have spoken and once again it’s BitStarz Casino that has walked away with the prize everyone is talking about. We’re officially the winners of the Players’ Choice award at the highly regarded AskGamblers Awards. With another award to add to our growing coll
  
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• Bitcoin cryptocurrency ATM kiosk growth - Crain's Chicago Business

  28-01-2019 20:28 via chicagobusiness.com
  Bitcoin cryptocurrency ATM kiosk growth  Crain's Chicago BusinessAnother cryptocurrency kiosk company has just deployed 30 digital currency ATMs in the city, putting the number available near 100.
  
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• Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China

  28-01-2019 20:20 via cointelegraph.com
  Taiwan-based GPU producer Nvidia has decreased its revenue estimates for Q4, citing a decrease in crypto-related sales and deteriorating conditions in China
  
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• Saudi Arabia Hedges Majority of 4.9% Stake in Tesla as Wall Street Expects Musk to Forecast a Q1 2019 Loss

  28-01-2019 20:10
  Saudi Arabia has reportedly slashed its exposure to Tesla. Part of the SEC’s complaint against Tesla and Elon Musk last year was related to Musk’s claims that Saudi Arabia was backing him in taking the company private. The SEC fined Tesla and Musk separately for $20 million each in the debacle. According to the Financial Times, the Saudi Public Investment Fund made a move on January 17th to hedge its investments against expected damage to TSLA stock. They retain their 4.9% holdings i
  
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• Multicoin Capital Leads $2.5 Million Seed Round for Blockchain Data Index

  28-01-2019 20:00
  Multicoin's investment in The Graph addresses an underserved layer of the web3 stack: querying data from public blockchains.
  
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• Bitcoin Price Analysis: BTC Bullish, Bears Yet to Reverse Dec 2018 Gains

  28-01-2019 20:00 via newsbtc.com
  Bitcoin price down 4.2 percent at the time of press
  Jan Van Eck says Bitcoin investors liquidating to Gold
  Transaction volumes low, bulls have a chancePrices are down 4.2 percent in the last 24 hours but even so, Bitcoin bulls have a chance. A combination of fundamentals and supportive candlestick arrangement mean buyers can still recoup today’s losses and print new highs in days ahead.
  Bitcoin Price Analysis
  Fundamentals
  It has been 11 years of unimaginable price movements, and at one ti
  
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• Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

  28-01-2019 19:40 via cointelegraph.com
  Rewriting Satoshi: A company and university are working together to address crypto’s shortcomings and build the model Bitcoin’s inventor envisaged #SPONSORED
  
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• Bitcoin, Ripple, Ethereum, EOS, Bitcoin Cash, Litecoin, Tron, Stellar, Bitcoin SV, Cardano: Price Analysis, Jan. 28

  28-01-2019 19:21 via cointelegraph.com
  The trend in crypto continues to be down as digital currency prices are again taking a plunge. How far will the slump go? Let’s find out
  
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• 100% Completed: The BitTorrent ICO is a 15-Minute Sellout

  28-01-2019 19:11
  BitTorrent, acquired by Tron last year, completed an ICO today beginning at 3:00 PM UTC using Binance Launchpad. Two simultaneous sales were run for Binance Coin and Tron. Neither market lasted longer than 15 minutes, according to Binance. More BTT was available for Tron than BNB. In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. BTT is
  
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• Eurasian Economic Commission Prepares Report on Cryptocurrencies, Considers Regulation

  28-01-2019 19:06 via cointelegraph.com
  The Eurasian Economic Commission has prepared a report on cryptocurrencies for the EAEU — a union that consists of Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan
  
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• Tron Price Analysis: BTT Token Sale Marked By Sharp TRX Price Declines

  28-01-2019 19:00 via newsbtc.com
  Tron prices drop 11.7 percentBTT token sale in progress at Binance Launchpad
  Transaction volumes pick up, bulls still in controlAsset prices may be dropping, but TRX is still a top performing coin. It is up one spot in the liquidity ranking displacing XLM as the eighth most valuable. While sellers are firmly in control, we expect support at 2.5 cents before prices snap back to trend and rally to 4 cents.
  Tron Price Analysis
  Fundamentals
  There has been a reshuffle, and TRX is now the eighth most
  
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• Austrian Capital Vienna Develops Reward Token for Citizens in Partnership With University

  28-01-2019 18:59 via cointelegraph.com
  After several successful public blockchain trials, Vienna is preparing to launch its own token to reward citizens
  
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• Ex-Starbucks CEO and Presidential Hopeful Howard Schultz Is a Crypto Fan

  28-01-2019 18:50
  Howard Schultz, who may run for president of the U.S., is a firm believer in cryptocurrencies and blockchain technology.
  
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• Nestle: IBM Food Trust Blockchain Set to Expand to New Suppliers, Consumers in 2019

  28-01-2019 18:46 via cointelegraph.com
  Swiss-headquartered food retail giant Nestle says that the blockchain-based IBM Food Trust initiative is gearing up to onboard new suppliers and retailers this year
  
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• Tether Replaces EOS to Become 4th Largest Crypto, Shows Market is Very Weak

  28-01-2019 18:43 via newsbtc.com
  Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets.
  The inclination follows the cryptocurrency market’s depressive performance this Monday. Over the last 24 hours, the price of all the top coins, including Bitcoin, Ripple, Ethereum, and others, trended in a negative region. Similarly, the value of EOS, Bitcoin Cash and Litecoin also slipped heavily on a 24-hour basis.
  Tether Chart on Coi
  
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• Arwen Announces Partnership with Crypto Exchange KuCoin

  28-01-2019 18:31
  The crypto security firm says its service should better protect traders using the exchange
  
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• Chainalysis: Two Probably Still Active Groups Account for $1 Billion in Crypto Hacks

  28-01-2019 18:30 via cointelegraph.com
  A report outlined by blockchain analytics company Chainalysis reveals that two hacker groups account have reportedly stolen $1 billion in cryptocurrency
  
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• South Korean cryptocurrency exchanges pool data to counter money launderers - The Next Web

  28-01-2019 18:10 via thenextweb.com
  South Korean cryptocurrency exchanges pool data to counter money launderers  The Next WebLaundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country's exchanges have their way. According to a ...
  
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• Bulgarian Crypto Exchange Owner to Get Extradited to the US

  28-01-2019 18:07
  Bulgarian courts have approved the US extradition request without any proof of wrongdoing
  
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• ‘Resilient’ Bitcoin Price Will Rally to $25,000 [Eventually]: Tom Lee

  28-01-2019 18:01
  The past 12 months haven’t been easy for any bitcoin bull, but perhaps no cryptocurrency proponent has had a worse time than Tom Lee, the Wall Street strategist who predicted that the bitcoin price would hit $25,000 by the end of 2018 and must now reckon with the result of that forecast every time he goes back on television. Tom Lee Sticks by Bitcoin Price Forecast But Drops Timeline The Fundstrat Global Advisors founder’s latest dish of humble pie was served up courtesy of Stuart Va
  
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• Ripple Price Analysis: XRP Meltdown, Lose $1 billion in 24 Hours

  28-01-2019 18:00 via newsbtc.com
  Ripple price down $1 billion in 24 hours
  The aim is to replace SWIFT and dominate the cross-border fund transfer space
  Transaction volumes low as XRP prices correctThe truth is, Ripple has a long way to go, and as XRP prices correct, retesting Dec 2018 lows of 30 cents, we remain net bullish. Ideally, we would like to see prices rally above 34 cents, but this largely depends on tomorrow’s reaction.
  Ripple Price Analysis
  Fundamentals
  Behind Ripple is a dedicated team that wants to see the
  
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• Binance’s BitTorrent Token Sale Sells Out in Minutes Amid Technical Issues

  28-01-2019 17:55
  Some 59.8 billion BitTorrent Tokens (BTT) sold in less than 15 minutes on Binance – but it was not without technical difficulties.
  
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• Caterpillar’s China Warning Sends Dow Tumbling 310 Points

  28-01-2019 17:43
  The U.S. stock market is in firm retreat Monday morning after Dow blue-chip Caterpillar Inc. (CAT) warned of no sales growth in China. Dow Jones Pivots Lower All of Wall Street’s major indexes registered sharp losses through the morning, mirroring a volatile pre-market session for Dow futures. The Dow Jones Industrial Average tumbled as much as 401 points before paring losses later in the morning. At last check, the blue-chip index was off 310 points, or 1.3%, at 24,427.41. The broad S&
  
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• Interview: Alena Vranova on Casa and the future of Bitcoin

  28-01-2019 17:33
  Alena Vranova might just be the greatest business strategist in Bitcoin – and possibly the entire crypto-space. When she co-founded Trezor, she helped establish the company as a household name in cryptocurrency security and hardware wallet devices. Speaking of households, Vranova is now the lead strategist of Casa – the company which delivers the most user-friendly way to access the Lightning Network and provides advanced security for cryptocurrency storage.
  Outside of her regul
  
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• Crypto Exchanges Begin to Shutdown: Bear Market in Full Force

  28-01-2019 17:18 via newsbtc.com
  After miners, it is crypto exchanges that stand before the wrath of a bearish cryptocurrency market.
  Liqui, a small but a long-running crypto trading company, announced today that it would close down its operations. In a straightforward goodbye note, the Ukrainian exchange said that it was unable to provide liquidity to its customers. Therefore, it had no economic reason to continue its services.
  “We also do not see any economic point in providing you with our services,” the note rea
  
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• Nvidia’s Q4 Earnings Will Suck, But it’s Not Crypto Winter’s Fault

  28-01-2019 17:07
  Nvidia investors got a nasty surprise this morning when the chipmaker announced its Q4 fiscal 2019 earnings could come in $500 million short of original estimates. While Nvidia has repeatedly blamed its financial woes on a decline in cryptocurrency mining-related demand in the past, it’s acknowledging that it’s baby — the gaming industry — remains a significant problem. The chipmaker dropped its guidance to $2.2 billion from $2.7 billion, and the news sent its share price
  
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• Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing

  28-01-2019 16:58
  One year after one of the biggest tax overhauls in American history,  a survey released on Monday has revealed that the tax cut has not brought about the anticipated huge changes to the investments and employment plans of businesses across the United States. In 2018, the Donald Trump-led administration effected a $1.5 trillion tax cut with hopes of increasing both job growth and investments, in line with its hotly-debated trickle-down economic philosophy. The quarterly business conditions p
  
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• Coinbase CEO: Full Promise Of Bitcoin (BTC) Yet To Be Realized, Still in Very Early Stage

  28-01-2019 16:49 via newsbtc.com
  Bitcoin has undoubtedly come a long way in its ten-year history. And while “Bitcoin” has become a popular word in the world’s vernacular, Brian Armstrong, the chief executive at Coinbase and an advocate for an inclusive and decentralized financial system, has claimed that the project is still in its infancy.
  Who Is Brian Armstrong?
  Brian Armstrong has undoubtedly been an integral part of the cryptocurrency industry since 2012. But, just like many of those now entrenched in this
  
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• Crypto Startup Wants You to Trade on Exchanges Without Trusting Them

  28-01-2019 16:41
  The Arwen protocol, launched on testnet Monday, aims to let centralized exchange users self-custody their private keys and conduct transactions off-chain.
  
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• tZERO to Operate at US Session Hours

  28-01-2019 16:25
  In the future, the 24\7 operation is planned to be achived as well as broker-dealer license
  
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• Italian court forces BitGrail CEO to repay $170M in 'lost' cryptocurrency - The Next Web

  28-01-2019 16:25 via thenextweb.com
  Italian court forces BitGrail CEO to repay $170M in 'lost' cryptocurrency  The Next WebAn Italian judge has reportedly ordered Francesco Firano, CEO of shady cryptocurrency exchange BitGrail, to repay the $170M worth of "missing" NANO.
  
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• NYSE Operator Partners With Blockstream to Launch Crypto Tracking Tool for Investors

  28-01-2019 16:24 via cointelegraph.com
  NYSE-backing ICE exchange has partnered with major global blockchain firm Blockstream to launch its Cryptocurrency Data Feed product
  
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