Cryptocurrency news

• ‘Already Live’: Signature Bank Is Moving Millions on a JPMorgan-Like Private, Dollar-Backed Cryptocurrency

  14-02-2019 23:45
  While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this.
  
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• Crypto Markets Trading Sideways With Slight Losses, April Gold Closes Slightly Down

  14-02-2019 23:20 via cointelegraph.com
  Crypto markets are mostly in the red, remaining relatively quiet with moderate losses throughout the top 20 coins
  
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• Alexandria Ocasio-Cortez’s Cringeworthy Reaction to Amazon’s HQ2 Pullout Proves How out of Touch She Really Is

  14-02-2019 23:18
  U.S. House Rep. Alexandria Ocasio-Cortez and other New York politicians just chased off 25,000 Amazon jobs that could have created salaries of at least $115,000 jobs each. Unfazed and stunningly arrogant, these politicians are taking a victory lap following their dubious success. AOC’s Cringeworthy Response To Amazon Decision CCN reported earlier today that Amazon had scrapped the spacious campus it had planned to build in Long Island City, Queens, which would have created roughly 25,000 w
  
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• Iran's 'Cryptocurrency' Has All the Traits of a Classic Sh*tcoin - Bitcoinist

  14-02-2019 23:11
  Iran's 'Cryptocurrency' Has All the Traits of a Classic Sh*tcoin  BitcoinistLast month, Iran lifted its ban on Bitcoin to make way for its 'crypto rial'. Now Iranian authorities have launched PayMon cryptocurrency supposedly backed by ...
  
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• Jamie Dimon's Cryptocurrency Master Plan Swipes At Swift - Forbes

  14-02-2019 23:05
  Jamie Dimon's Cryptocurrency Master Plan Swipes At Swift  ForbesJPMorgan Chase CEO Jamie Dimon has finally made a public move in the cryptocurrency arena. After years of bashing bitcoin, and at one time even mocking ...
  
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• Bitcoin Experiences Unusual Trading Volume Spike as BTC Continues Trading Sideways

  14-02-2019 23:00 via newsbtc.com
  It now appears that Bitcoin (BTC) is once again caught in an incredibly tight trading range in the low-$3,600 range. Bitcoin has seen extended periods of sideways trading on multiple occasions, and they are historically proceeded by large price swings in either direction. Despite this bout of involatile trading, BTC saw a massive trading volume spike earlier today, but it did not result in any price changes.
  Analysts now seem to agree that Bitcoin is posed to make another upwards price swing in
  
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• 'We don't have anything': Lawyers say Vancouver cryptocurrency exchange QuadrigaCX is out of money - Calgary Herald

  14-02-2019 22:56
  'We don't have anything': Lawyers say Vancouver cryptocurrency exchange QuadrigaCX is out of money  Calgary HeraldThe exchange was shut down Jan. 28 following the sudden death of its CEO and sole director, 30-year-old Gerald Cotten.
  
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• Judge Hits Crypto Startup With Injunction In Reversal of Past Court Order

  14-02-2019 22:45
  The move came after the same judge denied an SEC request for a preliminary injunction in November.
  
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• Here’s Why the Bitcoin Price Has Crypto Traders Railing at Bart Simpson

  14-02-2019 22:43
  Bitcoin’s recent price movements have crypto traders everywhere railing at Bart Simpson for roiling the market. Below, we’ll explain why, but first, let’s take a look at the flagship cryptocurrency’s movements today. Bitcoin Price Trades Sideways Bitcoin price action has not changed much since our previous analysis. The digital currency continues to trend inside a narrow channel. Whether or not this channel is a bull flag cannot be determined just yet. The only posit
  
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• Coinbase Users Can Now Withdraw Bitcoin Cash Fork BSV

  14-02-2019 22:30
  The largest US-based cryptocurrency exchange Coinbase has allowed its users to withdraw BSV three months after the hard fork.
  
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• Coinbase Exchange Users Can Now Withdraw Bitcoin Cash Fork BSV

  14-02-2019 22:30
  The largest US-based cryptocurrency exchange Coinbase has allowed its users to withdraw BSV three months after the hard fork.
  
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• Dutch Tech Firm Develops PoC of Autonomous Smart Electricity Grid Using IOTA

  14-02-2019 22:20 via cointelegraph.com
  Netherlands-based tech company ElaadNL has developed a PoC for a smart electricity grid using IOTA Tangle technology
  
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• JP Morgan Launches Pale Imitation of the “Fraud” that is Bitcoin

  14-02-2019 22:00 via newsbtc.com
  Multinational investment bank JP Morgan has announced that it will launch its own cryptocurrency of sorts. The so-called JPM Coin will bring some of the benefits of Bitcoin to some of the users of the bank
  JPM Coin will be built on a private blockchain, be backed by fiat currency, and be exclusive to JP Morgan’s institutional clients. In short, it represents few if any of the truly liberating qualities of Bitcoin.
  Your Cryptocurrency is a Fraud, Ours is Fine
  It is less than two years since
  
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• Curated cryptocurrency and blockchain news – Week 6 ’19

  14-02-2019 22:00 via crypto-news.net
  Welcome to the sixth rendition of the weekly curated news article where we provide you with the widest possible overview of the most important events that have transpired in cryptocurrency and blockchain developments. We’ve made sure to analyze all of the news reports available on the internet and reviewed them for relevancy. This article is best suited for weekly traders and people with a packed schedule that want to satisfy their interest in cryptocurrency and blockchain with minimal tim
  
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• Fairfax County Pension Funds Invested $21 Million in Blockchain Technology

  14-02-2019 21:44 via cointelegraph.com
  The executive director at Fairfax County Retirement Systems clarified the terms of recent investments by county pensions in a blockchain venture capital fund
  
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• Coinbase Stops Holding Bitcoin SV Hostage, Will Traders Dump Craig Wright’s Crypto?

  14-02-2019 21:36
  In a note to users today, Coinbase announced that it has finally made Bitcoin SV balances available for withdrawal. Users have been complaining for months about their Bitcoin SV, which peaked shortly after launch at over $200. It has since then been in steady decline, and the announcement by both Coinbase and Waves Platform today that BSV balances will be made available might stimulate a dumping frenzy on the coin. Coinbase Allows Crypto Traders to Claim Bitcoin SV The note reads, in part: &ldqu
  
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• Judge Delays Decision On Legal Representation for Quadriga Creditors

  14-02-2019 21:20
  A Canadian judge will appoint a legal team to represent QuadrigaCX's customers in the coming week.
  
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• Ripple Introduces XRP Ledger Version 1.2.0 With Upgrade Deadline of Feb. 27

  14-02-2019 21:08 via cointelegraph.com
  Ripple has released XRP Ledger version 1.2.0, enabling servers to automatically detect transaction censorship attempts
  
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• Bitcoin and XRP Beware? Industry Reacts to JP Morgan ‘JPM Coin’ Crypto Announcement

  14-02-2019 21:00 via newsbtc.com
  After first calling Bitcoin a fraud in 2017, JP Morgan Chase CEO Jamie Dimon later said he regretted the statement in 2018. Now his firm has announced a new crypto called JPM Coin that’ll be used to instantaneously settle payments between banking clients in a similar vein to Ripple’s XRP.
  The announcement is viewed as both a positive and a negative for the crypto space and individual assets such as Bitcoin and XRP. The news already has the industry buzzing, offering up insightful tho
  
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• Virginia Police Department Reveals Why its Pension Fund is Betting on Bitcoin

  14-02-2019 20:45
  Fairfax County, Virginia has targeted part of its pension fund toward investments in the Bitcoin and cryptocurrency industry, as well as blockchain technology in general. Now, they’re explaining why. Fairfax County Retirement Systems Director Jeff Weiler published a post in response to CCN and other media’s reporting on the county’s decision to invest in Morgan Creek’s latest offering, the Blockchain Opportunities Fund. Oversubscribed from its intended $25 million, the fu
  
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• DealBook Briefing: JPMorgan Has Its Own Cryptocurrency - The New York Times

  14-02-2019 20:42
  DealBook Briefing: JPMorgan Has Its Own Cryptocurrency  The New York TimesThe new token, each of which represent a U.S. dollar, will be used to settle payments between the bank's clients.
  
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• IFSC warns of Virtual Currency (Cryptocurrency) exchanges - Breaking Belize News

  14-02-2019 20:31
  IFSC warns of Virtual Currency (Cryptocurrency) exchanges  Breaking Belize NewsThe International Financial Services Commission (“the IFSC”) today issued a statement saying that it is concerned that numerous promoters of virtual currencies ...
  
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• Messenger Giant Kakao Spent $57 Mln on New Tech, Including Blockchain, in Q4 2018

  14-02-2019 20:18 via cointelegraph.com
  South Korean messaging app operator Kakao reported $57.5 million in operating expenses related to new technologies like blockchain and AI
  
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• Alexandria Ocasio-Cortez Declares Victory after Amazon Yanks HQ2 from New York

  14-02-2019 20:06
  US House Rep. Alexandria Ocasio-Cortez wasted no time in declaring victory after Amazon backed out of a $3 billion deal that would have seen the Jeff Bezos-led tech conglomerate establish its much-coveted HQ2 in New York. Writing on Twitter, the freshman congresswoman said that the grassroots campaign to kick Amazon out of Queens had demonstrated that “anything is possible.” She said: “Anything is possible: today was the day a group of dedicated, everyday New Yorkers & thei
  
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• The Lightning Pump, Bitcoin Adoption Inevitable as BTC Prices Inch Higher

  14-02-2019 20:00 via newsbtc.com
  Bitcoin prices are technically bullish, must close above $3,800
  Lightning Network picking up, Domino’s Pizza now accepts Bitcoin via LN
  Participation levels have been shrinking, volumes behind a bull confirming bar must exceed 35kFrom the look of things, Bitcoin adoption will be fast-tracked by the Lightning Network. Elizabeth Stark’s project recently got a boost. At this rate, it appears as if it’s a matter of when before BTC prices rally to $6,000.
  Bitcoin Price Analysis
  Fun
  
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• The painful (and costly) lessons I learned from a cryptocurrency scandal - Macleans.ca

  14-02-2019 19:53
  The painful (and costly) lessons I learned from a cryptocurrency scandal  Macleans.caWas I catching a falling knife? I wasn't sure when I made my first cryptocurrency purchases exactly 12 months ago. I did lose some sleep pondering the question.
  
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• Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined - Cointelegraph

  14-02-2019 19:38
  Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined  CointelegraphNews. The Ministry of Justice of Russia does not see the need to legally define the concept of cryptocurrency at this point, state-owned news agency TASS ...
  
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• Dow Faces Serious Pressure as US-China Trade Spat Mesmerizes Stock Market

  14-02-2019 19:26
  The Dow and wider U.S. stock market declined on Thursday, as the United States and China embarked on their final round of trade negotiations before a self-imposed deadline. By the looks of it, the negotiating window will have to be extended far beyond the March 1 deadline for both sides to get a new deal in place. Dow Under Pressure from Trump & Xi Wall Street’s major benchmarks were off their session lows by midday. The Dow Jones Industrial Average fell by as much as 235 points but la
  
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• Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency

  14-02-2019 19:24
  JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product. For the purpose of this article, JPM Coin will not be referred to as a “cryptocurrency.” JPM CEO Jamie Dimon is a frequent target of derision in the crypto community, owing to his outspoken negativity as regards Bitcoin and the wider crypto markets. Dimon has frequently said that while he’s not a fan of Bitcoin, he believes
  
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• Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined

  14-02-2019 19:19 via cointelegraph.com
  Answering a top official’s questions on delays in releasing crypto regulation in Russia, the country’s Minister of Justice said that the concept of crypto doesn’t need legislation at this point
  
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• Top Five Exchange OKEx Launches Thai Baht Trading on Its P2P Platform

  14-02-2019 19:01 via cointelegraph.com
  Thai baht trading support has been added by cryptocurrency exchange OKEx to its client-to-client platform
  
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• Donald Trump, California Governor Feud over $3.5 Billion Bullet Train Project – Is the President Right?

  14-02-2019 19:01
  California’s bullet train project is the latest thorn that’s nagging U.S. President Donald Trump. In a tweet, Trump claimed that California had canceled the bullet train project after wasting ‘billions of dollars’. He then demanded that the Golden State refund the $3.5 billion that the federal government had allocated to the project. The federal funds for the 220 mph train project were awarded nine years ago. California has been forced to cancel the massive bullet train p
  
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• XRP Arrows Up as Ripple Inc Fund Projects Promoting Coin’s Use Cases

  14-02-2019 19:00 via newsbtc.com
  Ripple prices are stagnant along 30 cents
  Wietse Wind to receive funding from Xpring
  Transactional volumes likely to pick up as XRP prices recoverIt’s all about the ecosystem and Ripple—via Xpring, are actively building that. With their funding of Wietse Wind, his project, XRPL Labs will only generate more XRP use cases. In turn, XRP prices will pump and rally from 30 cents.
  Ripple Price Analysis
  Fundamentals
  There are several Ripple-news making headlines that could impact prices fr
  
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• JP Morgan unveils its own cryptocurrency

  14-02-2019 18:49
  Financial giant J.P. Morgan is launching its own crypto asset – the first of its kind regarding bank involvement.
  Bitcoin skeptics
  J.P. Morgan might seem like the most unlikely party to create a crypto asset. Jamie Dimon, J.P. Morgan’s CEO, is known for his negativity toward bitcoin. In a September 2017 article, Fortune reported on Dimon calling bitcoin “a fraud.”
  Although, the same article included details of Dimon’s apparent positive sentiment toward blo
  
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• HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

  14-02-2019 18:38 via cointelegraph.com
  London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for forex trade settlement by a quarter
  
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• Fairfax County Invests Total of $21 Million in Blockchain VC Fund

  14-02-2019 18:31
  Fairfax County Retirement Systems has released details about its investment in a blockchain fund, apparently to quell fears about it.
  
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• Why it’s High Time for Millennial Crypto Investors to Go All-in on Bitcoin

  14-02-2019 18:28
  One of the world’s most prominent cryptocurrency investors has thrown even more weight behind bitcoin, claiming virtually all other cryptocurrencies will die a painful death. Barry Silbert, CEO of Digital Currency Group and Grayscale Investments, says the flagship cryptocurrency has already won the race to become digital gold. In a phone interview with CNBC, Silbert, who reportedly bought into bitcoin at $10, explained: “I’m not a believer in the vast majority of digital tokens
  
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• Tron’s Adoption Drive Not Paying Dividends? TRX Meltdown

  14-02-2019 18:00 via newsbtc.com
  Tron prices bearish, on a downtrend, retesting main support
  BitTorrent partner with TronCard via Grid as they drive towards adoption
  Transaction volumes shrink 50 percent from averages of 16 million to 8 millionIt’s all about adoption, and as Tron Foundation strike partners, BitTorrent is partnering with TronCard. Users will carefully spend their TRX spurring demand especially if the application is seamless. It is the necessary building blocks needed for TRX to rally from 2.3 cents to 6 c
  
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• Iran’s Government Is Using Crypto Startups as Part of Its Blockchain Embrace

  14-02-2019 18:00
  Sources in Iran say the country's financial sector is taking clear steps toward a state-backed token economy.
  
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• Blockchain Startups Are Modernizing Iran’s Financial Infrastructure

  14-02-2019 18:00
  Sources in Iran say the country's financial sector is taking clear steps toward a state-backed token economy.
  
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• Newsflash: Amazon Trashes Plans for NYC Headquarters, Caves to Pressure from Ocasio-Cortez

  14-02-2019 17:58
  Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. Amazon Caves to Pressure from Ocasio-Cortez, other Lawmakers The spacious Amazon campus in Long Island City, Queens would have created more than 25,000 well-paying jobs. However, lawmakers balked at the nearly $3 billion in New York state and city tax incentives that the Jeff Bezos-led firm stood to reap from the high-profile s
  
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• Enterprise-Focused Ethereum Standards Consortium EEA to Form ‘Token Task Force’

  14-02-2019 17:43 via cointelegraph.com
  The Enterprise Ethereum Alliance plans to contribute to entreprise tokenization by launching a “token task force” in the first half of 2019
  
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• Will Dow Rally? Top Milken Economist Says China ‘Desperate’ to End Trump’s Trade War

  14-02-2019 17:19
  According to Bill Lee, chief economist at the Milken Institute, China is desperate to land a trade deal with the U.S. and President Donald Trump to prevent more crippling defaults. That could be bullish for the Dow Jones Industrial Average and other U.S. stock market indices. The Dow Jones has already recovered in the past week due to rising optimism towards a trade deal, though it is trading in the red on Thursday. The struggle of corporate China could push the optimism further, allowing the Do
  
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• Ripple's Fundraising Arm Xpring Invests in XRP Community Developer’s Lab

  14-02-2019 17:12 via cointelegraph.com
  Ripple’s fundraising arm Xpring has invested in community developer Wietse Wind’s XRPL Labs to develop applications for XRP Ledger
  
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• New Stanton man says he lost $525K in cryptocurrency - Tribune-Review

  14-02-2019 17:09
  New Stanton man says he lost $525K in cryptocurrency  Tribune-ReviewState police have launched an investigation after a New Stanton man reported nearly $525000 worth of cryptocurrency vanished from his online account.
  
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• Police looking for $500k in cryptocurrency missing from New Stanton man - Tribune-Review

  14-02-2019 17:06
  Police looking for $500k in cryptocurrency missing from New Stanton man  Tribune-ReviewState police are looking for $524594 worth of cryptocurrency that appears to have vanished from a New Stanton man's online account. The 54-year-old man said ...
  
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• Nasdaq’s Bitcoin and Ethereum Indices Solve a Major Problem for Crypto - newsBTC

  14-02-2019 17:00
  Nasdaq’s Bitcoin and Ethereum Indices Solve a Major Problem for Crypto  newsBTCUS stock market exchange Nasdaq on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum.
  
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• Nasdaq’s Bitcoin and Ethereum Indices Solve a Major Problem for Crypto

  14-02-2019 17:00 via newsbtc.com
  Nasdaq may have just removed one of the most significant barriers before a potential cryptocurrency adoption.
  The US stock market exchange on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum. Dubbed as the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), both the indexes extract price data from multiple exchanges to provide onlookers single price point for BTC and ETH. Nasdaq assured that independent auditors had verif
  
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• BitMart Lists the World’s First Predictive-analytics Platform – Endor Protocol (EDR)

  14-02-2019 16:55
  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. BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Endor Protocol
  
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• South Korea’s Largest Telecom Company to Develop Local Crypto: Report

  14-02-2019 16:52 via cointelegraph.com
  The South Korean city of Gimpo is reportedly developing a local cryptocurrency with the country’s leading telecommunications company, KT Corporation
  
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