Cryptocurrency news

• Banks Continue To Send Mixed Signals Over Crypto Adoption

  01-02-2019 23:40 via crypto-news.net
  Cryptocurrency advocates have long held that blockchain assets will revolutionize the banking industry, as crypto wallets will replace traditional bank accounts, and banks will no longer be needed to facilitate most financial transactions. For their part, banks have been cautiously supportive of blockchain’s potential, yet at the same time critical of decentralized cryptocurrencies. With crypto use moving ever closer to mainstream, this contradiction shows no sign of resolution, as banks c
  
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• Bitcoin Price Inches Back Toward $3,500, But Litecoin is Today’s Crypto Market Winner

  01-02-2019 23:30
  Bitcoin is edging closer and closer back to the critical $3,500 support level that some estimated it would stand on for awhile. Ethereum gained a dollar overnight. But more notably, so did Litecoin — more than a dollar, actually. Confidence in Litecoin seems to be growing after its rebranding. The stalwart altcoin, intended to be “silver to Bitcoin’s gold,” is notably seen as having a growing community and userbase. On the same note, Augur continued its growth pattern ove
  
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• Wall Street is Playing Chicken on Bitcoin Adoption: Hedge Fund CIO

  01-02-2019 23:18
  Ari Paul, the co-founder of crypto investment firm BlockTower Capital, says bitcoin adoption is at a standstill because Wall Street is taking a “wait-and-see” approach amid the bear market. In a lengthy tweetstorm, Paul says institutional viewpoints about cryptocurrencies fall into three categories: Venture capital mindset: Is there value creation we can capture with early-stage investment? Passive bitcoin or index exposure: Is this going to be digital gold or a portfolio hedge? Is t
  
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• Markets Quiet as Most Major Coins Report Small Gains, Bitcoin Hangs Below $3,500

  01-02-2019 23:17 via cointelegraph.com
  Major cryptocurrencies are trading sideways, with some recording humble gains over the 24-hour period
  
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• Weekly roundup Jan. 28 – Feb. 1

  01-02-2019 23:00
  As of this week, January 2019 is closed for business. From bitcoin ETF news to robberies and token sales, this week brought no shortage of interesting headlines to close out the month.
  In the price category, however, bitcoin still remained relatively silent. According to CoinMarketCap, crypto’s cornerstone asset ranged from around $3,650 down to the $3,400 range for most of the week.
  Bitcoin price aside, check out some of this week’s headlines in the crypto space:
  BitTorrent tok
  
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• Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”

  01-02-2019 23:00 via newsbtc.com
  Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level.
  Although Bitcoin has yet to plunge back down towards its 2018 lows of $3,200, analysts seem to believe that it still has further to drop, as its bulls have failed to gain significant momentum ever since it broke below $6,400 in late-November of last ye
  
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• Taking a Look at The Bitcoin (BTC) Cryptocurrency Adoption In Various Countries - Bitcoin Exchange Guide

  01-02-2019 22:48
  Taking a Look at The Bitcoin (BTC) Cryptocurrency Adoption In Various Countries  Bitcoin Exchange GuideA study by Themetafriend shows that there are at least 36 countries globally that have at least 1% of their population as Bitcoin users. To do the study they ...
  
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• $190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All

  01-02-2019 22:30
  QuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. How Did the Bitcoin Exchange Lose All of its Crypto Funds? The affidavit, first obtained by CoinDesk, was filed by Jennifer Robertson, the widow of QuadrigaCX founder and
  
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• 20-Year Old Hacker Pleads Guilty to $5 Million Cryptocurrency Theft - Cointelegraph

  01-02-2019 22:14
  20-Year Old Hacker Pleads Guilty to $5 Million Cryptocurrency Theft  CointelegraphNews. After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of ...
  
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• Pantera Capital CEO: Crypto Fundamentals are Much Stronger than in 2014-15

  01-02-2019 22:00 via newsbtc.com
  The CEO of blockchain investment fund Pantera Capital has stated that is much more confident that cryptocurrency is here to stay in this bear market than he was during the last prolonged downtrend in prices. Dan Morehead stated that his optimism stems from the blockchain and digital asset space being in a much better position fundamentally than it was in 2014 and 2015.
  Morehead also shed light on what his fund is currently investing in – largely scalability, fiat on-ramps, and remittance s
  
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• Tron (TRX) and Ripple (XRP) Gain Tether (USDT) Pairings on BitBNS Cryptocurrency Exchange - Bitcoin Exchange Guide

  01-02-2019 21:59
  Tron (TRX) and Ripple (XRP) Gain Tether (USDT) Pairings on BitBNS Cryptocurrency Exchange  Bitcoin Exchange GuideOne of the best performing coins in the first month of 2019, Tron (TRX) has been added to BitBNS, an Indian cryptocurrency exchange. The exchange ...
  
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• Why Exchange Regulation will be good for the Cryptocurrency Industry - ZyCrypto

  01-02-2019 21:58
  Why Exchange Regulation will be good for the Cryptocurrency Industry  ZyCryptoThe cryptocurrency industry has become quite a dangerous place for investors. The trend has been around since the start of the industry, but.
  
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• Coinbase’s Director of Data Science and Risk Leaves to ‘Build From Scratch’

  01-02-2019 21:45
  Soups Ranjan, who worked at Coinbase since 2015 as director of data analysis and fraud prevention, has left the crypto exchange to start something new.
  
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• Bitcoin (BTC) is Money: Wyoming Passes Bill to Recognize Cryptocurrency - Ethereum World News

  01-02-2019 21:43
  Bitcoin (BTC) is Money: Wyoming Passes Bill to Recognize Cryptocurrency  Ethereum World NewsBitcoin (BTC), Cryptocurrency–In the midst of an uneventful week for cryptocurrency, with coin prices still hovering at their lowest point for the new year, the state ...
  
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• 20-Year Old Hacker Pleads Guilty to $5 Million Cryptocurrency Theft

  01-02-2019 21:36 via cointelegraph.com
  A 20-year-old hacker is set to serve 10 years in prison after pleading guilty to cryptocurrency theft valued at $5 million
  
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• Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

  01-02-2019 21:26
  The bitcoin price on Friday posted a modest 0.9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $3,371 right at the beginning of the Asian session. The pair consolidated until the European trading hours kicked in, after which it underwent a modest correction. The positive sentiment rippled through the US tra
  
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• Bitcoin, Ripple, Ethereum, EOS, Bitcoin Cash, Litecoin, Tron, Stellar, Bitcoin SV, Cardano: Price Analysis, Feb. 1

  01-02-2019 21:20 via cointelegraph.com
  The CEO of CoinList has predicted that crypto will have a quiet year in 2019. Let’s consult the charts and see if we find any buying opportunities
  
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• MGO: a cryptocurrency for in-game use

  01-02-2019 21:18
  Game developers and publishers rely on several methods of revenue generation from their games and value generation inside the games. Players are more passionate when there is something of value at stake. This makes gamed-based assets a tool to help achieve the optimal engagement as well as an opportunity to earn profits and monetize the game for the developers. MGO tokens, a cryptocurrency, has seen a sharp rise in usage due to this trend. Apart from this, what is the reason for interest in MGO
  
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• Centralized and Off-Chain: It's Cryptocurrency, But Not As You Know It - Hacked

  01-02-2019 21:01
  Centralized and Off-Chain: It's Cryptocurrency, But Not As You Know It  HackedNicolas Vereecke is Head of Crypto at Cashfree, a mobile payments provider company. The Belgium-based start-up aims to build the bridge between the old ...
  
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• Credit Card Debt at All-Time High, Should Crypto Investors Really Buy Bitcoin With it?

  01-02-2019 21:00 via newsbtc.com
  It’s not just the just United States debt reaching an all-time high, individual credit card debt is also breaking new records in 2019.  With credit card debt mounting, and a potential economic recession looming on the horizon, should crypto investors really be buying Bitcoin with their credit cards?
  Those that have already loaded up on crypto with their credit cards during the 2017 bull run may be sorely regretting it now that Bitcoin has repeatedly painted new lows since.
  American Cr
  
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• This Pot Stock Just Surged 90% for the Stupidest Reason Ever

  01-02-2019 20:50
  More than three dozen cannabis companies applied for the POT symbol on the Canadian Securities Exchange after it became available this week. Potash Corporation relinquished the symbol, and so many Canadian companies wanted it that the CSE ran a first-ever random lottery for the symbol. A small firm in Vancouver, Weekend Unlimited, won the ticker in the lottery. The company formerly had the ticker YOLO, which stands for “you only live once.” Most sites like TradingView were still show
  
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• Estonia Government to Implement Major Changes to Cryptocurrency Laws, May Close Most Exchanges - Bitcoin Exchange Guide

  01-02-2019 20:43
  Estonia Government to Implement Major Changes to Cryptocurrency Laws, May Close Most Exchanges  Bitcoin Exchange GuideMost countries have been fairly clear about their stance on cryptocurrency – they either approve of it or they don't. From that point, policies are developed, and ...
  
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• What’s Holding Institutions From Investing in Bitcoin? Nasdaq Answers

  01-02-2019 20:39 via newsbtc.com
  In September 2017, Bank of America Merrill Lynch had asked 200 institutional investors what they believed was the most popular investment. A majority of them responded with “Long Bitcoin.” That does not mean that participants were actively investing in the digital currency. But it allowed a nascent market to realize its potential in Wall Street.
  A price boom and its subsequent crash later, the Bitcoin market is still waiting for the same thing: institutional investment. As it does, i
  
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• This Week in Cryptocurrency: February 1, 2019 - CoinCentral

  01-02-2019 20:35
  This Week in Cryptocurrency: February 1, 2019  CoinCentralThis week in cryptocurrency: The Cboe reverses Bitcoin ETF withdrawal, Swift joins hands with R3, and the market bleeds. Read about it all in our roundup.
  
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• Kudlow: Ocasio-Cortez’s 70% Tax on Rich Would Turn US into Venezuela

  01-02-2019 20:33
  “Everybody’s poor” in oil-rich Venezuela, and US President Donald Trump’s top economic adviser claims he knows the answer: excessive taxes on the South American nation’s wealthiest citizens. With high-profile Democrats such as Rep. Alexandria Ocasio-Cortez clamoring to raise income tax rates as high as 70%, Larry Kudlow is warning that the US could see a similar “catastrophe.” Venezuela is a “Catastrophe” Because of High Tax Rate Kudlow says
  
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• Canadian cryptocurrency exchange Coinsquare lays off 40 members of staff - Coin Rivet

  01-02-2019 20:09
  Canadian cryptocurrency exchange Coinsquare lays off 40 members of staff  Coin RivetCanadian cryptocurrency exchange Coinsquare has laid off 27% of its workforce after releasing 40 members of staff on Friday ...
  
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• XRP Price Analysis: Visa Partners with Ripple Associate

  01-02-2019 20:00 via newsbtc.com
  XRP prices bullish. Targets at 40 cents
  InstaReM join hands with Visa in the Fast-track Program
  Transactional volumes shrink but could rise as buy momentum pick upAfter SWIFT and Corda Settler announcement, InstaReM is now collaborating with Visa to enhance Fintech’s money transfer arrangement. Everything else constant, this is good news, and as XRP find support in lower time frames, it is likely that prices will inch higher towards 40 cents in coming days.
  XRP Price Analysis
  Fundamentals
  
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• Dow Jones Sess Stunning 10% Recovery, But This One Key Factor Could Fuel Even More Growth

  01-02-2019 19:48
  Since January 3, within a one-month span, the Dow Jones Industrial Average has recovered from 22,682 points to 25,102 points, by more than 10 percent. It has been a stunning 30 days for the Dow Jones, which was at risk of entering a bear market after falling by 19 percent from its all-time high. The short-term recovery of the Dow was mainly attributed to the Federal Reserve rate, which is expected to remain stable in the range of 2.25 percent to 2.5 percent. But, another key factor may have larg
  
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• (+) Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January

  01-02-2019 19:38
  Crypto winter shows no signs of abating anytime soon. In the past week, bitcoin rounded out its sixth consecutive month in the red while the NEM Foundation suspended all projects and partnerships due to the sinking XEM price.
  (+) Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January by CCN
  
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• New Mac Malware Can Steal Crypto from Exchanges, Can it be Prevented?

  01-02-2019 19:32
  Unit 42, the global threat intelligence team at Palo Alto Network, discovered Mac malware that can steal cookies linked to crypto exchanges and wallets. Although usernames and passwords may not be sufficient to initiate withdrawals at crypto exchanges, if hackers manage to steal a combination of login credentials, web cookies, authentication cookies, and SMS data, it could steal user funds. The researchers explained: “CookieMiner tries to navigate past the authentication process by stealin
  
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• Smart Contract Audits Firm Hosho Reduces Staff Due to Auto Tooling Boost and ICO Downturn

  01-02-2019 19:28 via cointelegraph.com
  Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling
  
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• Wall of Coins Expands Cryptocurrency Market Reach - Dash News

  01-02-2019 19:02
  Wall of Coins Expands Cryptocurrency Market Reach  Dash NewsPosted by Justin Szilard | Feb 1, 2019 | News |. Wall of Coins Expands Cryptocurrency Market Reach. The popular peer-to-peer cryptocurrency website that ...
  
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• QuadrigaCX Owes Customers $190 Million, Court Filing Shows

  01-02-2019 19:02
  “Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost," the founder's widow said in documents obtained by CoinDesk.
  
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• Germany's Second-Largest Exchange Launches Regulated Cryptocurrency-Trading App - Bitcoinist

  01-02-2019 19:02
  Germany's Second-Largest Exchange Launches Regulated Cryptocurrency-Trading App  BitcoinistA new cryptocurrency-trading app from Germany's second-largest stock exchange, Boerse Stuttgart, has officially launched.
  
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• Tron Price Analysis: Bottom Line for TRX is Privacy, Justin Sun has Plans

  01-02-2019 19:00 via newsbtc.com
  Tron prices resume trend, up 1.6 percent in the last day
  Justin Sun plans to incorporate ZK-SNARKs and make TRX a privacy coin
  Transactional volumes must spike above 31 million reaffirming bulls and confirming current trendDays after a successful ICO, TRX bulls are back. It is likely that prices will expand above 4 cents. Besides, future additions of ZK-SNARKs will increase as the platform attracts privacy-centric investors.
  Tron Price Analysis
  Fundamentals
  BitTorrent’s BTT ICO may have b
  
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• Ethereum Developers Delay Mining Algorithm Change for Code Audit

  01-02-2019 19:00
  During a public call Friday, a tentative decision on whether to implement the ethereum network's ProgPoW update was postponed.
  
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• Wyoming Passes Bill to Recognize Cryptocurrencies as Money

  01-02-2019 18:57 via cointelegraph.com
  Wyoming state legislature has passed a bill to recognize cryptocurrency as money
  
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• Maduro’s Master Plan for Venezuela: Swapping 29 Tons of Gold for Euros with the UAE

  01-02-2019 18:15
  Venezuela is moving a shipment of 29 tonnes of gold, worth approximately 1 billion Euros or 1.2 billion dollars, to the United Arab Emirates for sale. UAE will pay cash Euros for the trade, which has riled US officials currently engaged in dethroning Socialist President Nicolas Maduro. 3 tonnes were already shipped on January 26th, according to a source speaking exclusively to Reuters. Euros for Liquidity After a record financial crisis in the South American country, compounded by decreased oil
  
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• The Infatuation to Buy Coffee with Cryptocurrency Has Hit Fever Pitch - Bitcoin Exchange Guide

  01-02-2019 18:00
  The Infatuation to Buy Coffee with Cryptocurrency Has Hit Fever Pitch  Bitcoin Exchange GuideFor a while now, crypto supporters have pushed this utopian vision of a world with total freedom. They even claim that it will soon be possible to buy coffee with ...
  
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• Bitcoin Price Analysis: BTC Liquidity Takers, It’s All Over For QuadrigaCX

  01-02-2019 18:00 via newsbtc.com
  Bitcoin price ranging within a $155 zone
  QuadrigaCX is bankrupt
  Transactional volume low but set to increase as bull momentum pick upA Canadian crypto exchange, QuadrigaCX, has filed for credit protection asking the court to assign Ernst & Young Inc to overlook proceedings. Nevertheless, their folding didn’t affect BTC prices which are finding support at $3,500. It is likely that BTC will edge higher over the weekend and retest $3,800.
  Bitcoin Price Analysis
  Fundamental Analysis
  Its c
  
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• Zilliqa (ZIL) Launches Mainnet: First Cryptocurrency to Successfully Implement Sharding - Invest In Blockchain

  01-02-2019 17:58
  Zilliqa (ZIL) Launches Mainnet: First Cryptocurrency to Successfully Implement Sharding  Invest In BlockchainZilliqa (ZIL), the first cryptocurrency to successfully implement sharding, has officially launched their mainnet today at 16:00 GMT on January 31, 2019.
  
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• IDAP Cryptocurrency Derivatives Exchange Set to Offer its Public Sale in February - Bitcoin Exchange Guide

  01-02-2019 17:53
  IDAP Cryptocurrency Derivatives Exchange Set to Offer its Public Sale in February  Bitcoin Exchange GuideThe cryptocurrency growing at a fast rate with the developments seen in the field increasing despite the low prices and bear momentum being experienced in ...
  
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• Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs

  01-02-2019 17:45
  The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. Vice is the latest major news media outlet in recent weeks to lay off hundreds of workers as part of massive downsizing to keep the companies afloat. A leaner organization is part of the company’s realignment of its entire global strategy. The 250 Vice employees comprise about 10% o
  
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• Cryptocurrency and Blockchain Startups Help Bring Swiss VC Investments to $1.25 Billion in 2018 - Bitcoin Exchange Guide

  01-02-2019 17:25
  Cryptocurrency and Blockchain Startups Help Bring Swiss VC Investments to $1.25 Billion in 2018  Bitcoin Exchange GuideAs per *fresh* new data available online, Swiss crypto-startups have been able to lure in a record amount of venture capital to the country this past year. To be a ...
  
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• Cryptocurrency Market Remains Stable as VanEck/SolidX Bitcoin ETF Proposal Resubmits - Bitcoin Exchange Guide

  01-02-2019 17:16
  Cryptocurrency Market Remains Stable as VanEck/SolidX Bitcoin ETF Proposal Resubmits  Bitcoin Exchange GuideBitcoin, per Bitmex, is trading at $3434. Its 24 hour volume is leveling at around 5.5 billion USD. The market has remained stable since yesterday's update; as a ...
  
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• Dow Smashes Through 25,000 after Blowout Jobs Report Pours Cold Water on Government Shutdown Fears

  01-02-2019 17:14
  The U.S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U.S. stock futures. The Dow Jones Industrial Average rose 166 points, or 0.7%, to 25,166.17. Shares of Exxon Mobil Corp (XOM) and Visa Inc. (V) led the Dow blue chips higher. The
  
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• Casa also launches a browser extension for Lightning payments

  01-02-2019 17:12
  On January 31st 2019, the Twitter account of Casa has promised two new exciting announcements. The first one turned out to be about the open sourcing of the node software, which allows anyone to build their own Casa Node with a Raspberry Pi. It’s really good news for Lightning enthusiasts who may not afford the $300 price tag or find the shipping conditions too complicated, and Crypto Insider has covered the story briefly after the announcement blog post had been published.
  The second roun
  
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• Eidoo Hybrid Exchange Comes Into the Eidoo Multi-Cryptocurrency Wallet App - Bitcoin Exchange Guide

  01-02-2019 17:05
  Eidoo Hybrid Exchange Comes Into the Eidoo Multi-Cryptocurrency Wallet App  Bitcoin Exchange GuideThe Eidoo Hybrid Exchange will now be accessible to users of the Eidoo app across desktop, Android and iOS platforms. Previously, the Eidoo Hybrid Exchange ...
  
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• Casa’s Lightning-Enabled Bitcoin Node Just Got a Browser Extension

  01-02-2019 17:00
  Cryptocurrency custody startup Casa has launched a browser extension for direct control of its lightning network-enabled bitcoin node. 
  
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• Donald Trump Might Pick This Bitcoin Optimist to Lead the World Bank

  01-02-2019 16:59
  When Satoshi Nakamoto created bitcoin, a message in the cryptocurrency’s Genesis block made clear that it was a direct response to banking industry mismanagement and the financial and political structures that continued to enable it. Just one decade later, US President Donald Trump might tap a cautious crypto optimist to lead the World Bank. Trump Considering El-Erian for World Bank President  According to Bloomberg, Mohamed El-Erian is one of several candidates that Trump has shor
  
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