Cryptocurrency news

• Venezuela’s Socialist Establishment Bares its Ugly Fangs with Parasitic Crypto Tax

  11-02-2019 23:59
  After years of hiding behind the fig leaf of socialism and revolutionary anti-imperialist rhetoric, the embattled Venezuelan government of Nicolas Maduro has shown its true colours with a new 15 percent tax on cryptocurrency transactions that may be best described as opportunistic, if not an act of outright tyranny. Venezuela’s New Cryptocurrency Tax At a time when Hugo Chavez’ successor is facing an unprecedented challenge to his legitimacy, with U.S-backed opposition leader Juan Gu
  
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• Crypto Bear Market Affecting Venture Capital Valuations

  11-02-2019 23:50 via cointelegraph.com
  Future Perfect Ventures founding partner Jalak Jobanputra said that venture capital valuations have been hit hard by depressed cryptocurrency prices
  
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• Square CEO Jack Dorsey Says Bitcoin’s Lightning Is Coming to Cash App

  11-02-2019 23:45
  Lightning Network projects are booming, thanks in part to the buzz surrounding bitcoin bull Jack Dorsey.
  
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• Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?

  11-02-2019 23:37
  American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site. So far, Reddit has raised $550 million in total from a myriad of investors including Sequoia, Fidelity, and Andreessen Horowitz. Are Reddit and Tencent Strange Bedfellows? The deal has led to an outrage online as Redditors are protes
  
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• Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping

  11-02-2019 23:00 via newsbtc.com
  Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears to be forming $3,700 as a level of resistance.
  Multiple analysts now expect Bitcoin to form another upwards leg before hitting a strong resistance level, which is unlikely to be swiftly b
  
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• Bitfury’s New Partnership to Build Blockchain-Based Medical Imaging Platform

  11-02-2019 22:45 via cointelegraph.com
  Bitfury, MDW and Longenesis will jointly develop a platform for maintaining, sharing and securing medical imaging and diagnostics information
  
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• Could Tesla CEO Elon Musk be Next in Line for Bitcoin’s Lightning Torch?

  11-02-2019 22:41
  From Twitter founder Jack Dorsey to crypto billionaires, the Lightning Network torch is still a thing on social media. It most recently found its way into the hands of Binance CEO Changpeng Zhao. Zhao, like many in the Bitcoin community, would like to see Tesla CEO Elon Musk grab the torch next. Twitter Wants Elon Musk to Join Bitcoin’s Lightning Experiment I am sure you will get it soon enough, let me harass brother @elonmusk a bit more. lol — CZ Binance (@cz_binance) February
  
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• Venezuela introduces a 15% fee on cryptocurrency transactions - FXStreet

  11-02-2019 22:20 via fxstreet.com
  Venezuela introduces a 15% fee on cryptocurrency transactions  FXStreetSunacrip, the national regulator of Venezuela, changed the requirements to the digital assets transactions, performed by individuals on the territory.
  
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• $370 Billion Asset Manger Janus Says US Stock Market is Careening Toward Recession

  11-02-2019 22:14
  According to George Maris, the co-head of equities of Americas at Janus Henderson, an asset manager with $370 billion in AUM, a recession in the U.S. clearly remains a near-term risk, which could fully reverse the bullish trend of the U.S. stock market. “It’sclear a near-term risk. If we can’t get trade negotiation results favorably, we’ve got weakening investment to look forward to. I mean there’s going to be a problem,” Maris said on Bloomberg Markets. ʌ
  
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• Cryptocurrency Exchanges Targeted by Fake Photo Scam - newsBTC

  11-02-2019 22:00 via newsbtc.com
  Cryptocurrency Exchanges Targeted by Fake Photo Scam  newsBTCResearch indicates that large cryptocurrency exchanges are increasingly being targeted by scammers using doctored photographs to trick two-factor.
  
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• Cryptocurrency Exchanges Targeted by Fake Photo Scam

  11-02-2019 22:00 via newsbtc.com
  Research indicates that large cryptocurrency exchanges are increasingly being targeted by scammers using doctored photographs to trick two-factor authentication reset procedures. The attack once again highlights the importance of securing one’s own private keys and not entrusting security to a third party exchange.
  There is a market on dark web forums for doctored images and the rates to buy them are remarkably cheap. However, given that many large exchanges require multiple verification m
  
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• Why This Technical Analyst Says the Bitcoin Price Rally isn’t Over Yet

  11-02-2019 21:45
  The bitcoin price on Monday showed no significant movements after posting an impressive rally early Friday. That doesn’t mean the flagship cryptocurrency’s rally is over, however. As of the time of writing, the bitcoin-to-dollar exchange rate (BTC/USD) was trading at $3,598, up 0.05 percent since the Asian session open. The pair consolidated sideways ahead of the US trading hours inside a narrow – and a rather weak – downward channel. From a broader perspective, this chan
  
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• Venezuela Imposes Fees and Limits on Local Crypto Remittances

  11-02-2019 21:43 via cointelegraph.com
  Venezuelan government sets monthly limit on crypto remittances within the country, introduces fees of up to 15 percent
  
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• TD Ameritrade Says US Stock Market Stability is Luring Investors, But Here’s Why the Dow Might Not Bounce Back

  11-02-2019 21:10
  Throughout the past two weeks, analysts have generally attributed the recovery of Dow Jones to technical factors, expressing skepticism toward the sustainability of the U.S. stock market rally. This week, Shawn Cruz, a trader strategy manager at $30 billion brokerage giant TD Ameritrade, said that the sentiment in the U.S. stock market has improved, especially among fundamental-based investors. “ giving the more fundamental-based investors faith coming back into the market, which is then d
  
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• New Proposed ETF Would Encompass Bitcoin Futures Alongside Sovereign Debt Instruments

  11-02-2019 21:06 via cointelegraph.com
  Reality Shares ETF Trust has filed a proposal for an exchange-traded-fund that would invest in a portfolio spanning both sovereign debt instruments and Bitcoin futures
  
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• Ripple Offered Multimillion-Dollar XRP Bonuses to Lure Top Tech Talent

  11-02-2019 21:00
  Ripple may be offering XRP bonuses worth up to $6 million in a bid to attract engineering talent.
  
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• Red Bull partners with… FuturoCoin?

  11-02-2019 21:00
  In a strange bout of recent news, mainstream powerhouse and sports sponsor Red Bull announced a partnership with FuturoCoin.
  An odd partnership
  FutoroCoin is a little-known crypto asset sitting near the bottom (1773 out of 2065) of CoinMarketCap’s list of top cryptocurrencies by market cap. Meanwhile, valued at $10.4 billion, Forbes ranked Red Bull at number 61 on its World’s Most Valuable Brands 2018 list. A partnership with one of the top crypto assets, such as litecoin, would
  
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• deVere CEO: ETF, Lightning, and Halving Drive Recent Bitcoin Rally

  11-02-2019 21:00 via newsbtc.com
  After taking a brutal beating throughout much of 2019 thus far, Bitcoin made its largest green one-day candle of the year this past week, providing the market with a much needed relief rally.  Bitcoin’s price rose on Friday over $350 before bouncing off overhead resistance in the cryptocurrency’s current trading range.
  CEO of independent financial consultancy firm deVere Group Nigel Green says that the move might be the start of a “considerable Bitcoin surge” stemmin
  
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• Cryptocurrency Bear Market May Be Taking a Toll on VC Valuations - Fortune

  11-02-2019 20:58 via fortune.com
  Cryptocurrency Bear Market May Be Taking a Toll on VC Valuations  FortuneJalak Jobanputra of FuturePerfect Ventures joins "Balancing the Ledger" to discuss cryptocurrency investing during the Bitcoin bear market.
  
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• Jack Dorsey Says Cash App Support for Lightning Network a Question of ‘When, Not If’

  11-02-2019 20:42 via cointelegraph.com
  Twitter and Square CEO Jack Dorsey said that adding support for the Lightning Network on Square’s Cash App is a question of “when, not if”
  
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• Why Snap Stock Soared an Unbelievable 30% in Just 5 Days

  11-02-2019 20:31
  Snap stock has jumped 30% over the past week, from under $7 to over $9. Here in cryptoland, everybody’s mind is on big Bitcoin and the other top cryptos. However, if you pulled your money out of something like XRP five days ago and put it into Snapchat, you’d have made a killing. The five-day chart tells the big story. The chart from Monday shows these gains are here to stay. Monday trading opened up with a sell-off. Probably orders that people had wanted to execute at the close on F
  
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• General Motors Financial Subsidiary Eyes Blockchain to Prevent Fraud

  11-02-2019 20:30 via feedproxy.google.com
  
  General Motors Financial Company (GM Financial), the financial services arm of the largest American automotive manufacturer, is exploring the use of blockchain technology to improve data management standards and help address critical auto finance industry issues like identity verification and synthetic identity fraud. GM Financial has joined Spring Labs’ Spring Founding Industry Partners (SFIP) program […]
  The post General Motors Financial Subsidiary Eyes Blockchain to Prevent Fraud
  
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• Moscow Gov’t to Launch Blockchain-Enabled IT Innovation Cluster by Summer 2019

  11-02-2019 20:27 via cointelegraph.com
  The Moscow municipal government is planning to launch a blockchain-based IT innovation cluster by summer 2019
  
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• MEP Kaili: Banks Can’t Stop Us From Using Blockchain

  11-02-2019 20:22 via cointelegraph.com
  Central banks have too much control over people’s deposits, according to Eva Kaili, a member of the European Parliament
  
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• New ETF Proposal Allocates 25% of Its Portfolio to Bitcoin Futures

  11-02-2019 20:19 via newsbtc.com
  A newly proposed exchange-traded fund plans to allocate 25% of its entire portfolio to bitcoin futures.
  Bitcoin ETF on NYSE Arca
  Realty Shares ETF Trust, a subsidiary of US-based asset manager Blockforce Capital, filed a registration form with the Securities and Exchange Commission on Monday to list its “Reality Shares Blockforce Global Currency Strategy ETF” on NYSE Arca. According to the application, the Fund would invest in sovereign debt instruments, money market mutual funds or
  
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• Twitter’s Jack Dorsey Explains Why He Believes No Cryptocurrency Will Ever Beat Bitcoin - CCN

  11-02-2019 20:06 via ccn.com
  Twitter’s Jack Dorsey Explains Why He Believes No Cryptocurrency Will Ever Beat Bitcoin  CCNTwitter CEO Jack Dorsey continued his love-letter to Bitcoin on a recent episode of the Stephan Livera podcast, where he proclaimed that while there may be ...
  
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• Twitter’s Jack Dorsey Explains Why He Believes No Cryptocurrency Will Ever Beat Bitcoin

  11-02-2019 20:04
  Twitter CEO Jack Dorsey continued his love-letter to Bitcoin on a recent episode of the Stephan Livera podcast, where he proclaimed that while there may be interesting ideas emerging from other coins in the crypto space, they can all eventually be integrated into Bitcoin if they’re good enough. In what is beginning to feel like a press-junket, Dorsey has been talking up Bitcoin to the extreme in the past week, and he recently told Joe Rogan that he thought Bitcoin could become the native i
  
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• Bitcoin Price Recovers as BTC Adds $4.3 Billion in 3 Days: Can the Momentum be Sustained?

  11-02-2019 20:00 via newsbtc.com
  Bitcoin prices on an uptrend
  Venezuela is a prime example of why BTC is needed
  Participation levels are high, poised to increase in coming daysAfter Feb 8 rockets, it is clear that momentum has shifted from bearish to bullish. Further padded by supportive fundamentals, it is likely that BTC will break and close above $3,800 ushering in a demand wave that would see prices retest $6,000.
  Bitcoin Price Analysis
  Fundamentals
  There is a crisis in Venezuela, and the government’s endless tussle
  
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• Way to the Moon: MyEtherWallet Reinvents Its Platform with Changelly Onboard

  11-02-2019 19:38
  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 in the press release. To kick off 2019, we at Changelly are happy to announce our partnership with one of blockchain technology’s pi
  
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• SEC Commissioner Asks Gov’t to Amend Regulation For Bitcoin ETF, ICOs

  11-02-2019 19:30 via newsbtc.com
  Whether or not financial innovations like Bitcoin could fit inside the parameters of old-school laws became the central point of Hester Pierce’s recent keynote.
  The U.S. Securities and Exchange Commission (SEC) Commissioner, while speaking at the University of Missouri School of Law, recognized that blockchain-based decentralized networks do not fit “neatly” within their securities framework. Therefore, it is important for policymakers and regulators to amend the existing feder
  
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• The top blockchain influencers of 2018

  11-02-2019 19:21
  There are a plethora of similar lists of blockchain influencers just a couple of clicks away. So, why make yet another one? – Firstly, the most apparent reason is that these lists attract clicks… Like any other independent media outlet, the more clicks we attract, the more revenue we generate. In addition, in our opinion, the word “influencer” carries a negative connotation, perhaps, “contributor” would have been more apt, but it’s not what people are g
  
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• Ripple Price Falls and Drops Below Ethereum, Why XRP is Demonstrating Weakness?

  11-02-2019 19:00 via newsbtc.com
  Ripple prices bullish
  xRapid adoption should be a top priority
  Transaction volumes picking up after Feb 8 gainsShoring our optimism is the expectation of xRapid adoption. Binance is open for a partnership while Ramessa Online is waiting for further clarification before incorporating XRP. In the meantime, XRP is on an upward trajectory, and we expect bulls to drive prices above 34 cents triggering the first wave of sellers aiming at 40 cents
  Ripple Price Analysis
  Fundamentals
  Executives at Rippl
  
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• Binance’s BNB Token Hits All-Time High in Bitcoin Value

  11-02-2019 18:49
  BinanceCoin (BNB) has extended its recent gains to set a new all-time high in bitcoin-denominated value.
  
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• UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

  11-02-2019 18:37 via cointelegraph.com
  UAE-based payments and foreign exchange firm Finablr partners with RippleNet to launch cross-border payments with Thailand
  
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• Bitcoin Holds Near $3,650 While the Stock Market Sees Minor Uptrend

  11-02-2019 18:14 via cointelegraph.com
  Bitcoin holds near $3,650 as most of the top 20 cryptocurrencies see gains
  
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• New Proposed ETF Would Mix Bitcoin Futures With Sovereign Debt

  11-02-2019 18:10
  An ETF proposal filed Monday would invest in bitcoin futures and the sovereign debt of several developed countries.
  
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• Tron Price Under Pressure, TRX Drops $105M in 24 Hours, Undesired Effects of BTT?

  11-02-2019 18:00 via newsbtc.com
  Tron prices bullish but under pressure hours after a snapshot
  Price drops accompany major Tron announcements
  Transaction volumes low but poised to rise as TRX find support.Candlestick formations, as well as fundamentals, favor TRX prices. Even so, TRX is under immense pressure and could cave in if prices drop below Jan 14 lows and main support line at around 2.5 cents. Upon completion of this BTT airdrop, we expect prices to snap back to trend.
  Tron Price Analysis
  Fundamentals
  There is good new
  
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• Tron Price Analysis: TRX Risk Dropping to Ninth, Sheds $105 Million

  11-02-2019 18:00 via newsbtc.com
  Tron prices bullish but under pressure hours after a snapshot
  Price drops accompany major Tron announcements
  Transaction volumes low but poised to rise as TRX find support.Candlestick formations, as well as fundamentals, favor TRX prices. Even so, TRX is under immense pressure and could cave in if prices drop below Jan 14 lows and main support line at around 2.5 cents. Upon completion of this BTT airdrop, we expect prices to snap back to trend.
  Tron Price Analysis
  Fundamentals
  There is good new
  
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• Major Crypto Exchanges Launch OTC Desks Despite the Crypto Winter

  11-02-2019 17:56 via cointelegraph.com
  “They’re now realizing what we’ve known for years: OTC trading desks already play an integral role in crypto.” The world’s biggest crypto exchanges scramble to cater to institutional investors
  
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• Dow Erases Big Gains as Clock Ticks on Government Shutdown, US-China Trade Negotiations

  11-02-2019 17:46
  The U.S. stock market traded mixed-to-lower on Monday, as the Dow and other major indexes gave back gains amid high-stakes trade negotiations between the United States and China. DOW SWINGS LOWER The Dow Jones Industrial Average opened 136 points higher on Monday and was up by as much as 190 points through the early morning. The gains, which reflected a strong pre-market session for Dow futures, quickly evaporated as investors braced for a big week. At the time of writing, the blue-chip index wa
  
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• Bitcoin Trading in Venezuela Just Hit an All-Time High Despite a 40% Price Premium

  11-02-2019 17:38
  According to the data provided by LocalBitcoins, a peer-to-peer cryptocurrency trading platform, the weekly volume of Bitcoin in Venezuela achieved a new all-time high. Measured in Bitcoin, the weekly volume of the BTC-to-Venezuelan bolivar (VES) pair increased to 2,454 BTC. In U.S. dollars, that is worth $8.95 million per week and $1.29 million per day. Matt Odell, a cryptocurrency researcher, said that the volume would be higher if the 40 percent premium in the Venezuelan market is priced in.
  
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• ALS Association Partners With TRON to Use Blockchain to Track Donations

  11-02-2019 17:37 via cointelegraph.com
  The ALS Association has partnered with TRON to track campaign donations with blockchain
  
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• What Cryptocurrency Can You Still Mine with GPU/CPU on Your PC in 2019? - U.Today

  11-02-2019 17:29 via u.today
  What Cryptocurrency Can You Still Mine with GPU/CPU on Your PC in 2019?  U.TodayIn order to get the most profit from mining, you should know the trends in this business.
  
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• Elevated Returns Will Sell $1bn in Real Estate with Tezos Blockchain

  11-02-2019 17:08
  The company sold a hotel in Aspen for $18 million last October using the Ethereum blockchain
  
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• Five things to know about cryptocurrency exchange Quadriga - Vancouver Sun

  11-02-2019 17:07 via vancouversun.com
  Five things to know about cryptocurrency exchange Quadriga  Vancouver SunQuadriga clients are out of luck after the sudden death of the firm's founder left $190 million in cryptocurrencies protected by his passwords unretrievable.
  
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• A Bitcoin Bashing Nobel Economist Expects a Global Recession; Will Crypto Prove Him Wrong?

  11-02-2019 16:35
  Noted bitcoin basher and Nobel Prize-winning economist Paul Krugman has warned that the global economy could be headed for a recession this year, according to CNBC. Per Krugman, the recession could occur towards the end of this year or in 2020: I think that there is a quite good chance that we will have a recession late this year (or) next year. According to the economist who won the 2008 Nobel Prize in Economic Sciences for his work on among other subjects trade theory, the next economic downtu
  
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• Fasttoken Publishes State Channels Codes

  11-02-2019 16:32
  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 in the press release. One of the most known issues with which the Ethereum blockchain is currently dealing with is scaling. State channels
  
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• Analyst: Bitcoin Price Similarities To 2015 Bottom Is “Unreal,” What Could it Mean?

  11-02-2019 16:30 via newsbtc.com
  Bitcoin (BTC) is the next frontier. No technologies have gone where crypto assets and related innovations are heading. Yet, within this space, reoccurring patterns have been observed, even though the movement of industry fundamentals, chart technicals, and social metrics seems sporadic and unpredictable.
  This theme was only cemented recently, as a leading cryptocurrency trader divulged that eerie lines can be drawn between 2014/2015’s bear season and the one seen today.
  Related Reading: Cr
  
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• IBM Partnership Uses Blockchain, IoT to Combat Drought in California

  11-02-2019 16:13 via cointelegraph.com
  U.S. state of California sees IBM partnership using blockchain and IoT technology to tackle drought
  
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• SEC Releases ICO Guidelines; Too Little, Too Late for Cryptocurrency Investors? - Hacked

  11-02-2019 16:01 via hacked.com
  SEC Releases ICO Guidelines; Too Little, Too Late for Cryptocurrency Investors?  HackedThe U.S Securities and Exchange Commission has released a guide for would-be cryptocurrency creators and investors; but a over a year on from the heady ...
  
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