This week was somewhat slow in the crypto world. Bitcoin continued to consolidate, as indecision and stagnation plagued the asset’s path to a new price trend. Although the price of BTC seemingly failed to react, this week did host several interesting eventful news.
Catch the top stories from the past several days:
Red Bull partners with… FuturoCoin?
Reported in a Crypto Insider piece on Monday, Red Bull chose an odd cryptocurrency with whom to partner. More specifically, Red Bu
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Weekly roundup Feb. 11 – Feb. 15
-
Bitcoin Price: All’s [Too] Quiet on the Crypto Front
This level of calm can make anyone nervous. Bitcoin spent the day within a close range, not losing much anywhere. Binance Coin is now over $9, further solidifying its position as a top 10 crypto. NEO gained 2%, pushing it over $8 on the global charts. Litecoin and Ethereum are maintaining their ranges. The expected carnage in Bitcoin SV-land hasn’t taken place. Yet. But there’s been a steady rise in volume, as seen here: As regards Bitcoin SV, many of the people on Coinbase had alrea -
Indonesia: New Legislation Recognizes Crypto as Trading Commodity
New regulations introduced in Indonesia recognize cryptocurrencies as trading commodities and gives legal certainty to cryptocurrency exchanges -
XRP Holds Strong After JP Morgan ‘Slaps’ Ripple With Bank-Centric Crypto
via newsbtc.comRipple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world.
But, this might not exactly be the case, as a Wall Street giant recently revealed plans to issue a digital asset that poses somewhat of a threat to Ripple’s operations but not to Bitcoin’s value.
Ripple -
Dow Surges 443 Points: Here’s What Xi Jinping Said That Lit the US Stock Market on Fire
On February 15, the Dow Jones surged by 1.74 percent, adding 443.86 points. Within less than 1 month, the Dow Jones has recovered from 24,065 points to 25,883 points, by a staggering 7.6 percent. Analysts were uncertain how the Dow Jones would react to the reported plans of the Trump administration to delay the U.S.-Chian trade deal deadline by 60 days to May 1. The prospect of a comprehensive trade deal may have significantly improved in the last 24 hours. Reports claimed corporate China has be -
Ocasio-Cortez Tries to Tear Down Trump’s Border Wall Just 24 Hours after Chasing Amazon out of NYC
The wide criticism U.S. House Rep. Alexandria Ocasio-Cortez received when she cheered Amazon’s decision to not build a second headquarters in New York didn’t seem to faze her. Instead, the freshman congresswoman seems emboldened, and now, just one day later, she’s setting her sights on President Donald Trump and his beloved border wall. Trump’s National Emergency Declaration Triggers Alexandria Ocasio-Cortez On Friday, President Trump declared a national emergency to -
Apple Notes Blockchain Guidelines in Recent SEC Filing
A recent filing with the U.S. SEC shows that Apple has been involved with developing blockchain standards for mineral supply chains -
Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely
via newsbtc.comBitcoin has continued to express stability around its current price levels in the low-$3,600 region. Despite being stable currently, BTC has not been able to garner any buying pressure at its current prices, which may signal technical weakness.
Now, analysts are claiming that Bitcoin may see further losses in the near-term, as its price has not yet seen any surge that would signal that it was previously oversold.
Bitcoin Fails to Find Buying Pressure at Current Price Levels
At the time of -
Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 15
With JPMorgan releasing its own coin, news seems to be turning positive. Is it a good time to buy a few of the major cryptocurrencies? Let’s find out -
Decentralized Finance Emerges as Banner Topic at Ethereum Denver Conference
ETHDenver kicked off with an address by Aave CEO Stani Kulechov about a hot new wave of decentralized finance applications. -
Crypto Analyst: Bitcoin Price Stuck Between Converging Moving Averages Until Mid-Year
via newsbtc.comTraders, investors, and analysts are all watching Bitcoin price charts in hopes to better predict when the current crypto bear market ends and a new uptrend will resume.One particular crypto analyst believes that the Bitcoin price will continue to be squeezed tightly together until at least mid-year, as it consolidates between two important converging moving averages.Bitcoin Price Consolidating Between 200MA Support and 50MA Resistance
In mid-March, Bitcoin price decisively broke through the 50- -
Crypto Markets Continue to See Mixed Signals, Dow Jones Up Over 360 Points
Crypto markets have continued trading sideways after hitting a multi-month high in daily trading volume -
Bitcoin Needs to Kiss the Government’s Ring, Claims CME Chief Terry Duffy
Crypto will never be anything more than a fringe investment until it gets government backing. That’s the assessment of Terry Duffy, the CEO of top derivatives marketplace CME Group. Duffy told Bloomberg that resistance to crypto is too great to overcome without institutional support from a central authority such as the government (see video above starting at 9:40). “Until governments really start to accept cryptocurrencies in some way, shape or form, it’s going to -
Litecoin (LTC) Up 26.3% In the Last Week, What’s Bogging Down Price?
via newsbtc.comLitecoin prices up 26.3 percent
Adoption levels on the rise
Transaction volumes low but up from Dec 2018Despite short-term sell pressure, Litecoin (LTC) is on the rise and adoption levels picking up. We can only conclude this as bullish and a pre-requisite for higher highs above $50.
Litecoin Price Analysis
Fundamentals
The price of a digital asset, a product of supply-demand dynamics, is one of the many metrics of gauging performance. Fashioned as silver to Bitcoin gold, Litecoin is perhaps on -
AXEL Launches AXEL.Network: A Global Decentralized and Distributed Platform
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. Making Data Privacy and Data Custody A Priority for Everyone Las Vegas, Nevada – February 14, 2019 – AXE -
New batch of Binance delistings includes SUB and SALT
Binance plans to remove several crypto assets from its exchange, in order to uphold its current statedly-high standards.
Binance due diligence
In an announcement on its support page on February 15, Binance revealed it will no longer host trading for Substratum (SUB), SALT (SALT), CloakCoin (CLOAK), Modum (MOD), and Wings (WINGS).
As far as reasoning goes, the exchange explained it’s due to a perpetual evaluation of all currently-listed projects. Binance has a set level -
This Week in Cryptocurrency: February 15, 2019 - CoinCentral
via coincentral.comThis Week in Cryptocurrency: February 15, 2019 CoinCentralThis week in crypto: JP Morgan creates a coin, Pomp's crypto fund gets pension support, and QuadrigaCX is back at it. Read it all in our weekly roundup. -
JP Morgan Chase launches its own cryptocurrency, "JPM Coin" - Yahoo Finance
JP Morgan Chase launches its own cryptocurrency, "JPM Coin" Yahoo FinanceWhat does JP Morgan's new digital coin launch mean for the payments system? Yahoo Finance's Brian Cheung discusses with Julie Hyman, Adam Shapiro, and ... -
LocalBitcoins Challenger XCH4NGE Goes Global
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. Built to provide a better platform for P2P trading, XCH4NGE is expanding its services to 241 countries while expandi -
Tari Labs hides BTC bounty in Ms. Pac-Man game
Tari Labs, the company that works on digitizing assets on the blockchain and deveoping a Mimble Wimble sidechain for Monero (among many other interesting projects), has made an offer no bitcoiner can refuse: you play a game of Ms. Pac-Man (retitled Ms. Fluffy as a way of showing some Valentine’s Day love to Riccardo “Fluffy Pony” Spagni‘s wife), you pay close attention to the Easter eggs, and you may just unlock a wallet which contains 0.25 BTC (at press time, about $900) -
BuySellHODL Launches First Of Its Kind Cryptocurrency Ratings & Price Targets
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. Bitcoin Press Release: BuySellHODL launches one of the worlds first cryptocurrency ratings and price targets fe -
Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto
The Japan Association of New Economy has asked the country’s financial watchdog to reduce taxes on crypto -
Ripple’s Brad Garlinghouse Explains Why He’s Not Scared of JP Morgan’s ‘Bank Cryptocurrency’
Three MIT students in their early 20s created a technology that could draft predictive responses to emails. In May 2018, they proceeded to raise funds for their startup – EasyEmail. Around the same time, Google held its annual conference in which it announced a feature similar to that of EasyEmail. The startup’s founder, Filip Twarowski, expressed his shock, fearing that competing with Google would scare off venture capitalists. The history of entrepreneurship is full of stories -
Ripple (XRP) Boss: Bank-Issued Digital Assets A Deeply Misguided Idea
via newsbtc.comRipple price edge lower
Brad Garlinghouse says bank issued currencies doomed to fail
Transactional volumes lowJPM Coin is a bank-issued coin, but it will fail if we factor in Brad Garlinghouse analysis. A synergy is mandatory, and Ripple’s InterLedger Protocol can solve their need. Meanwhile, XRP prices are down and trending inside Feb 8 high–low.
Ripple Price Analysis
Fundamentals
Back in 2017, David Schwartz, Ripple’s Chief Cryptography officer conceded that it would be year -
Argentina Settles Export Deal With Paraguay Using Bitcoin
Argentina has sold agricultural chemicals to Paraguay for $7,100, paid in Bitcoin -
Euphoric Dow Plows to 365 Point Gain after Trump Talks up China Trade Deal
The Dow and broader U.S. stock market surged to more than three-month highs Friday following the release of a White House memo that described trade talks with China as “detailed” and “progressive.” Negotiators from the Trump administration and China are scheduled to resume talks next week in Washington. DOW SPIKES; S&P 500, NASDAQ FOLLOW The Dow Jones Industrial Average surged by as much as 368 points Thursday morning, as traders overcame a volatile pre-market session -
Ledger Commits to Remedying Nano S Update That Decreased Storage Capacity
Ledger has apologized and committed to remedying a recent firmware update that decreased the storage capacity of its Ledger Nano S -
Bitcoin SV [BSV]: Coinbase releases cryptocurrency while allowing users access to external wallets - AMBCrypto News
via ambcrypto.comBitcoin SV [BSV]: Coinbase releases cryptocurrency while allowing users access to external wallets AMBCrypto NewsThe American cryptocurrency exchange Coinbase will now allow its Bitcoin SV [BSV] holders to withdraw the coin to external wallets, as confirmed by... -
UK’s Argo Blockchain to Close Cryptocurrency Mining-as-a-Service (MaaS) Contracts by April - Bitcoin Exchange Guide
UK’s Argo Blockchain to Close Cryptocurrency Mining-as-a-Service (MaaS) Contracts by April Bitcoin Exchange GuideIf there's any sector of the crypto community that has felt the effects of the bitcoin price crash, it is the mining industry, which saw many prominent firms close ... -
Bitcoin Investors in This European Country Can Now Buy Crypto at the Post Office
Liechtenstein’s official post office is offering fiat-to-bitcoin exchange services through a partnership with Swiss blockchain company Värdex Suisse, a regulated payment service provider based in Switzerland. The Liechtensteinische Post AG office in Vaduz ― the capital of Liechtenstein ― launched the crypto exchange service on February 15. “Nothing is different from the conventional money-exchange business, which has always been part of Swiss Post -
Bitcoin (BTC) Validation as Jamie Dimon’s Sentiment Shift
via newsbtc.comBitcoin prices ranging with clear supports at $3,400-500 zone
JP Morgan and Chase rolls out a stable coin, JPM
Transactional volumes average 10k, not enough to trigger buyers into actionWith the release of a banker’s stable coin, JPM Coin, crypto is technically valid. As such, we expect more bankers to follow suit endorsing the tech. That may help resuscitate Bitcoin (BTC) prices and lift them above $3,800 complete with high market participation.
Bitcoin (BTC) Price Analysis
Fundamentals -
You Won’t Believe How Many US Voters Back the ‘Extreme’ 70% Tax Rate in Ocasio-Cortez’s Green New Deal
According to data from Navigator Research, a recent poll concluded that almost half of Americans support a 70% marginal tax on income earned above $10 million. Without explanation, 48% of people polled favored the proposition from the Green New Deal. An additional 7% were in favor after learning the meaning of “marginal tax rate.” One of several ideas floated by openly socialist US House Representative Alexandria Ocasio-Cortez (D-NY), the proposal has been shrugged off by Bill G -
SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change ProposalErisX to CFTC: Regulated ETH Futures Would Result in More Robust, Liquid Market
The U.S. Securities and Exchange Commission starts reviewing a rule change proposal for NYSE Arca’s Bitwise Bitcoin ETF Trust -
SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal
The U.S. Securities and Exchange Commission starts reviewing a rule change proposal for NYSE Arca’s Bitwise Bitcoin ETF Trust -
The Best Cryptocurrency Exchanges in the UK • Benzinga - Benzinga
via benzinga.comThe Best Cryptocurrency Exchanges in the UK • Benzinga BenzingaLearn more about the best cryptocurrency exchanges you use in the UK, based on features, price, customer *service*, and more. -
Blockchain Investors Are Cautiously Optimistic and Cite Overdue Upgrades
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. Speculation is one of the most notorious features, or bugs, of the blockchain space. It has created a reputation for -
February 2019 Outlook For NEO - Seeking Alpha
via seekingalpha.comFebruary 2019 Outlook For NEO Seeking AlphaNEO has dropped down from prices over $100 to just over $7; it's had a positive February, but that may be a correction from the large drop. NEO has an ... -
BitMart Lists Liquidity Network (LQD) Token
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 Liquidity Netwo -
Apple Hints at Behind-the-Scenes Blockchain Work in New SEC Filing
A new SEC filing from Apple offers a few clues about the tech company's work with blockchain, specifically in the supply chain area. -
Why Won’t Crypto Exchange Cryptopia Come Clean on How Disastrous Last Month’s Hack Really Was?
New Zealand-based cryptocurrency exchange Cryptopia disclosed that local police have allowed employees to return to the firm’s office following its suspension of operations mid last month after a multi-million dollar security breach. In the latest update, the cryptocurrency exchange has indicated that investigations are still ongoing, however. Hacked Crypto Exchange Reopens Update: The police have now given us access back to our building, while they continue their investigations. Our staff -
tZERO Is Live, But Volume Is Light and Its Token’s Price Is Down Sharply
Daily trading volume on the recently launched tZERO platform is less than 1% the total supply of the only listed security token. -
Hyundai Commercial Partners With IBM to Accelerate Blockchain Development
A financial services subsidiary of leading South Korean automobile manufacturer Hyundai has partnered with IBM to modernize its business model using blockchain -
Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion
via newsbtc.comCryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space. Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.”
Crypto Winter Has Been No Match For Grayscale’s Bitcoin Fund
Grayscale, headed by Michael Sonnenshein, recently rel -
CME Group CEO Terry Duffy: Government Involvement Key to Crypto’s Success
It is very difficult for major commercial banks to get involved with crypto until governments start to accept cryptocurrencies, according to Terry Duffy, CME Group CEO -
Securitizing the Future of Finance
Previously, we have covered Columbia University–IBM Accelerator and had spotlighted one of the ten accelerated companies Connecting Food. Today, we highlight another company that was amongst the selected few: Securitize – “The Compliance Platform For Digitizing Securities on the Blockchain”.
To learn more about the company and its vision, we interviewed Carlos Domingo, its CEO and co-founder. Mr. Domingo is a Barcelona native who holds a Ph.D. in computer scienc -
Is JPMorgan Chase’s New Cryptocurrency a Threat to Ripple, Other Crypto Assets? - Motley Fool
via fool.comIs JPMorgan Chase’s New Cryptocurrency a Threat to Ripple, Other Crypto Assets? Motley FoolJPM Coin is not a cryptocurrency, says crypto advocacy group MarketWatchJPMorgan is launching its own cryptocurrency The VergeJamie Dimon's Cryptocurrency Master Plan Swipes At Swift ForbesNouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP AMBCrypto NewsView full coverage on Google News -
Survey: 41% of Institutional Investors to Invest in ICOs Within Five Years
The Global Blockchain Business Council’s survey found that one in five institutional investors planned to become involved in crypto and digital assets tradings and investments -
Newsflash: Amazon Leads Massive $700 Million Funding Round in Tesla Competitor Rivian
Elon Musk and Tesla had better watch out because tech conglomerate Amazon just led a massive $700 million funding round in electric vehicle competitor Rivian. Amazon Leads Major Funding Round in EV Startup Rivian The Michigan-based Rivian has sought to carve out a segment of the burgeoning electric vehicle market by focusing its efforts on building pickup trucks and SUVs. Alongside Amazon, the funding round included participation from existing Rivian investors. The company did not disclose its n -
ShareRing Partners with AlgoZ for Liquidity Solutions
The company is launching its ICO on the 18th of February -
Bombshell Report Details Creepy Ways Facebook Stalks Users & Ex-Employees
In a chilling report published by CNBC, over ten former employees of the social media giant have come out to reveal that Facebook uses its app to find and deal with every perceived threat. Facebook tracks users and ex-employees who represents a threat to its staff or offices through a list it calls “BOLO,” short for “Be On the Lookout.” Replying ‘F*ck you, Mark’ on Zuckerberg’s Update is Dangerous For Facebook, perceived threats include users who publicl
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