Cryptocurrency news

• Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners

  05-03-2019 23:29 via cointelegraph.com
  Per a recent study by Cisco, college campuses are ranked the second biggest miners of digital currency across industry verticals, as students use “free” electricity
  
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• $6 Billion Crypto Surge Propels Bitcoin Toward Key Hurdle

  05-03-2019 23:28
  The cryptocurrency market surged by $6 billion on Tuesday, propelling litecoin to a new yearly high and launching bitcoin one step closer to a major hurdle it needs to cross before it can slay its historic bear market. As of the time of writing, the cryptocurrency market had a total valuation of $132.3 billion. Daily volume stood at more than $33 billion, a full $5 billion above where it was at this time on Monday. Binance Coin, Litecoin Headline Buoyant Crypto Market In what seems to be a devel
  
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• Facebook’s 2FA Sham: Users Are Yet Again Exploited

  05-03-2019 23:27
  Most web users have begrudgingly gotten used to the two-factor authentication (2FA) process that’s supposed to protect online accounts. Facebook’s 2FA process is under fire because like so many other snafus that come with being on Facebook, it’s more to it than meets the eye. Hell started to break loose over Facebook’s 2FA process Friday with a tweet from Emojipedia founder Jeremy Burge. He alerted that folks who give their phone numbers to Mark Zuckerberg’s platfor
  
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• Opera Web Browser Crypto Wallet to Expand Services to iOS Users

  05-03-2019 23:14 via cointelegraph.com
  Opera web browser will expand its built-in crypto wallet to iOS following a successful experience with Android
  
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• Ernst and Young Unveils Crypto Tax Accounting Tool to Help You Pay Bitcoin Taxes

  05-03-2019 23:05
  Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool. Ernst & Young said it designed its EY Crypto-Asset Accounting and Tax (CAAT) program specifically for its clients who invest in cryptocurrencies.  The accounting juggernaut said the U.S. rollout of the software is part of its strategy t
  
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• February Was Bitcoin’s First Positive Month Since July 2018 – Can March Be Better?

  05-03-2019 23:00 via newsbtc.com
  It took six months for the Bitcoin price to register a positive 30-day performance.
  The world’s leading digital asset, which continues to be in its most extended bearish cycle, corrected 10.4% to the upside in February. It marked the third time in the past 12-months that bitcoin registered a profitable month, the last being July and April, which posted 21.5% and 25.1% returns, respectively.
  BTC Performance Over the Years | Source: RPTR45
  Twitterati RPTR45 noted that February was the lowest
  
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• Japan Wants to Make America Great Again—With Cryptocurrency - Observer

  05-03-2019 22:57 via observer.com
  Japan Wants to Make America Great Again—With Cryptocurrency  ObserverJapan wants to Make America Great Again. At the Conservative Political Action Conference (CPAC) last weekend, just several hours before the president spoke, ...
  
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• Dow Falls Again But Top Strategist Says It’s Time to Buy

  05-03-2019 22:37
  Since March 4, within less than two days, the Dow Jones has dropped from 26,122 points to 25,806 points, experiencing a minor pullback. The decline in the Dow Jones was largely unexpected due to the strength of the Chinese stock market and the significant progress being made in the trade talks between the U.S. and China. Earlier this week, CCN reported that the Chinese stock market surged to its 9-month high after more than $46 billion was estimated to have flown into Chinese equities. With the
  
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• Tron (TRX) Jumps 8.5% in Market-Wide Upswing as Bulls Start Running

  05-03-2019 22:30
  Tron’s TRX jumped 8.5-percent against the US dollar per its 24-hour adjusted timeframe. The TRX-to-dollar instrument (TRX/USD) was trading at 0.023 by 1400 UTC, down 4.16-percent from its intraday high. In contrast, the pair had dropped massively during Monday’s trading session, establishing a lower low towards 0.021. However, a market-wide upside correction saw to TRX/USD revival during Monday’s US session. The sentiment rippled through today’s Asian and European trading
  
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• Report: Coinbase Hires Amazon Web Services Veteran to Develop Staking Solutions

  05-03-2019 22:24 via cointelegraph.com
  Major American crypto exchange Coinbase has reportedly hired an Amazon Web Services veteran to develop staking and governance solutions for its crypto custodial services
  
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• Switzerland’s Largest Stock Exchange Launches Ethereum ETP

  05-03-2019 22:00 via newsbtc.com
  Just over a week after launching a Bitcoin exchange traded product, SIX Swiss Exchange has announced an Ethereum ETP. The new financial products trading at the largest stock exchange in Switzerland have been issued by Amun AG, a digital currency startup based in crypto-friendly Swiss alpine town of Zug.
  Neither the Ethereum ETP announced today or the Bitcoin one launched at the end of last month is a first for SIX and Amun AG, however. The startup helped the exchange launch the HODL5 fund &ndash
  
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• Three Swiss Firms Complete ‘First’ $3 Mln Real Estate Transaction on Blockchain

  05-03-2019 21:54 via cointelegraph.com
  Three Switzerland-based companies have carried out a real estate transaction on the Ethereum blockchain
  
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• Make America Zimbabwe Again: Trump Wants the Dow Force-Fed Cheap Money

  05-03-2019 21:32
  President Donald Trump wants the Federal Reserve to keep the economy bloated with weakened post-2008 dollars. He thinks that will boost exports. And he wants to keep U.S. stocks floating on the freakish levels of monetary liquidity created by the Fed when Ben Bernanke was chair. Trump said so himself at CPAC Saturday, intoning that a strong dollar hurts American businesses. He also criticized the Federal Reserve for raising interest rates: “America is now booming like never before. Other c
  
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• Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken

  05-03-2019 21:30 via cointelegraph.com
  Trading volumes on crypto exchange and futures provider Crypto Facilities increased 500 percent following its acquisition by Kraken
  
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• Tesla Stock Plummets after China Takes 1,600 Model 3s Hostage

  05-03-2019 21:18
  Two months after Tesla CEO Elon Musk broke ground for a new factory in Shanghai, authorities in China suspended customs clearance procedures for the electric carmaker’s lowest-priced car, the Model 3. China Holds Tesla Model 3s Hostage According to Caixin Global, customs authorities in Shanghai are currently holding 1,600 Tesla Model 3 cars after finding various irregularities. China is Currently Holding 1,600 Teslas at Customs https://t.co/lokqjoeKqc via @CaixinLive — Caixin Global
  
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• Crypto Exchange Hopes to Become Trendsetter by Scrapping Trading Fees Entirely

  05-03-2019 21:18 via cointelegraph.com
  Major crypto exchange rolls out “zero-fee trading” in 131 countries where it operates
  
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• Starbucks Unveils Key Detail about its Secretive Bitcoin Strategy

  05-03-2019 21:15
  An article in The Block yesterday includes the following statement: “Only U.S. customers will be able to pay in bitcoin initially.” They’re referring to Starbucks’ recent deal with Bakkt, the great hope of the crypto industry, which might manage to pull off the first crypto ETF. The deal gives Starbucks significant equity in Bakkt, but at no point does it actually require Starbucks to accept Bitcoin. And, for its part, Starbucks reportedly has no intention of doing so &nd
  
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• Bitcoin Miners Capitulated in Dec 2018 and it Could Signal the End of Bear Market

  05-03-2019 21:00 via newsbtc.com
  The biggest discussion point around Bitcoin currently, is whether or not the first-ever cryptocurrency has bottomed or not, and if the bear market will soon be ending or if a lot more pain is ahead for crypto investors.
  While many crypto traders and analysts are feverishly reviewing price charts and other important indicators searching for a sign, one particular analyst suggests looking at Bitcoin mining difficulty levels and potential capitulation by crypto miners as the signal the bear market
  
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• Widow of QuadrigaCX Founder Seeks Compensation for Creditor Protection Court Costs

  05-03-2019 20:57 via cointelegraph.com
  The widow of the founder of Canadian crypto exchange QuadrigaCX is seeking compensation for legal costs
  
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• MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

  05-03-2019 20:20
  With the DAI's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."
  
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• Coinbase CEO Admits ‘Diligence’ Failing, Boots Ex-Hacking Team Employees

  05-03-2019 20:20
  Coinbase CEO Brian Armstrong has responded to criticisms about betraying the values of Bitcoin and crypto more broadly with its recent acquisition of Neutrino. Those Neutrino team members who previously worked at Hacking Team will “transition out of Coinbase,” the chief executive said late Monday. Hacking Team, one may recall, was a pioneer in selling hacking tools exploited by authoritarian governments to crack down on journalists and dissidents instead of criminals. Congrats to Coi
  
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• US Credit Card Debt Balloons Past Record at 2008 Stock Market Crash

  05-03-2019 20:07
  US credit card debt has spiraled to a staggering $870 billion, a new record. The debt pile is going to be of significant concern to fiscal hawks who will be particularly concerned by the fact that the amount is continuing to push higher despite a booming stock market and positive growth in the US economy. Perhaps what is most concerning is the fact that this historic debt bubble has now surpassed a psychologically concerning level. This level is the 2008 peak of debt around the time of the stock
  
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• Ripple (XRP) Underperforming In a High-Octane Market, is it Undervalued?

  05-03-2019 20:00 via newsbtc.com
  Ripple price in an uptrend, trading below 34 cents
  Regulatory clarity will clear the air catalyzing adoption
  Average transaction volumes are high, doubles in last monthEven though Ripple related news is scarce, increasing participation levels point to an accumulation. To that end, we expect today’s double bar bull reversal pattern off 30 cents to act as a base for further higher highs in coming days.Ripple Price Analysis
  Fundamentals
  Progress is visible. They may be baby steps, but still,
  
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• Bithoven: Crypto Trading Can Be Easy For Veterans And Newbies Alike

  05-03-2019 19:51
  Cryptocurrency trading continues to grow at a rapid pace as people across the globe catch “crypto fever.” Bithoven, a new cryptocurrency trading platform, has recognized the need for an easy-to-use exchange suited for crypto newcomers and veterans alike, and on Jan.14 2019, went live. Traders can now begin trading crypto quickly, thanks to Bithoven’s intuitive platform, which distinguishes it from many of the existing cryptocurrency exchanges. As cryptocurrency has expanded in
  
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• Coinbase transitions Neutrino team members out

  05-03-2019 19:39
  Coinbase’s recent acquisition of Neutrino has sparked significant controversy in the crypto-space. Yesterday, Coinbase announced it will transition out certain Neutrino members who formerly worked with a controversial information technology company named Hacking Team.
  Neutrino acquisition
  In a blog post from February 19th, Coinbase announced its acquisition of blockchain intelligence company, Neutrino. “By analyzing data on public blockchains, Neutrino will help us prevent theft
  
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• Wall Street Tax Endorsed by AOC Amid Questions About Her Campaign’s Finances

  05-03-2019 19:36
  It’s just Tuesday, and Rep. Alexandria Ocasio-Cortez (D-N.Y.) is all the news it seems. However, it’s not all good. A resolution she’s signed on to will be introduced that will call for Wall Street investors and traders to be taxed. As lawmakers ready to debate this financial services tax, Ocasio-Cortez is facing questions about her chief of staff allegedly violating campaign finance law. On Tuesday, she told reporters “there is no violation.” The resoluti
  
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• $200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption

  05-03-2019 19:20
  TrueUSD celebrated its first birthday on Tuesday, and the $200 million USD-pegged cryptocurrency stablecoin commemorated the occasion with two major announcements that could help buttress it as it seeks to supplant $2 billion Tether (USDT) as the market’s leading stablecoin. Stablecoin to Provide Real-Time Accounting First, TrueUSD unveiled a partnership with Armanino, one of the 25 largest independent accounting firms in the US. The result for TUSD users is real-time transparency of the g
  
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• Plattsburgh Ends Cryptocurrency Moratorium - WAMC

  05-03-2019 19:01 via wamc.org
  Plattsburgh Ends Cryptocurrency Moratorium  WAMCAfter nearly a year, the City of Plattsburgh has ended a moratorium on new or expanded cryptocurrency operations in the city.
  
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• Bitcoin (BTC) Prices Responding as Billionaires like Jack Accumulate

  05-03-2019 19:00 via newsbtc.com
  Bitcoin price up 3.6 percent, finding support from breakout levels
  Jack Dorsey is accumulating BTC, buys $10k worth every week
  Current transaction levels low but up from early Feb 2019High net-worth individuals, it seems, are ramping up at current spot levels. Down 75 percent from 2017 highs, Bitcoin is available at a discount. As interest pick up, the resulting demand could push prices above $4,500.
  Bitcoin Price Analysis
  Fundamentals
  Like every new tech, trailblazing luminaries are often earl
  
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• Court Gives QuadrigaCX 45-Day Extension in Search for Crypto Millions

  05-03-2019 18:55
  A judge has given QuadrigaCX another month and a half to locate the $140 million of crypto owed to the exchange's customers.
  
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• Apple is Shunning Hardware to Stealthily Turn into a Software Company

  05-03-2019 18:34
  Companies have always needed to adapt to changes in their industries to maintain- or increase- profitability. Hundreds of case studies have shown this to be a recipe for success. Now, it seems that Apple is looking to make slight alterations to its operation in a bid to keep up with challenging times. Data published by Thinknum, a research firm that monitors company changes based on their websites, revealed that for a few months now, the tech giant has been actively recruiting more software spec
  
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• Russia Adopts Bill Aimed to Provide Domestic Crypto Legislation in Second Reading

  05-03-2019 18:30 via cointelegraph.com
  Russia’s cryptocurrency draft bill has been adopted in its second reading by the national parliament, with amendments
  
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• TrueUSD partners with Armanino, announces real-time stablecoin confirmation

  05-03-2019 18:29
  The past several months have seen many different stablecoins hit media headlines. Adding to the already competitive stablecoin space, TrustToken has announced a partnership with a top accounting business to provide new capabilities.
  A new method of trust
  According to a press release submitted to Crypto Insider, TrustToken, with its TrueUSD (TUSD) stablecoin, has partnered with top accounting business Armanino to provide real-time stablecoin confirmation. Noted on Armanino’s website, the fi
  
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• Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet

  05-03-2019 18:22
  Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change — in 100 years. Kaspersky made the remarks in an interview with Arabian Business, during which he denied reports that his Moscow cybersecurity company develops spying technology for Russian intelligence. Bitcoin Adoption Requires New World Order Kaspersky says he believes that digi
  
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• Bitcoin Price Surges Following Recent Drop, But BTC Faces Strong Resistance Around 3,900

  05-03-2019 18:14 via newsbtc.com
  Following the recent influx of selling pressure that sent Bitcoin’s price spiraling below its previously established support level at $3,800, the cryptocurrency’s bulls were able to garner an influx of buying pressure that sent BTC back above $3,800 and towards $3,900.
  It now appears that Bitcoin is facing relative levels of resistance at $3,900, and analysts believe that this is a key price level for BTC to break decisively above in order for the crypto to maintain its bullish momen
  
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• Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support

  05-03-2019 18:12 via cointelegraph.com
  Accounts bearing 6 percent annual interest paid monthly in crypto have been launched by crypto wealth management and lending company BlockFi
  
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• Google is Banning Political Ads in Canada, But the Tech Giant Cannot Be Trusted

  05-03-2019 18:01
  Alphabet Inc.’s Google is banning political advertising in Canada just in time to apply to the 2019 Federal elections. The prohibition came in the wake of the Elections Modernization Act, passed by the Canadian Senate this December, which requires online advertising platforms to monitor and report all political and partisan ads. The penalties for not adhering to the said Bill C-76 could slap offenders with fines and possibly, imprisonment. Ruby Sahota, the liberal politician in Canada, sai
  
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• TrueUSD Stablecoin to Add ‘Real Time’ Monitoring of Dollar Backing

  05-03-2019 18:00
  TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.
  
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• Litecoin (LTC) Explodes, Is this the “Venezuelan Effect”?

  05-03-2019 18:00 via newsbtc.com
  Litecoin price surge, up 14.8 percent
  Venezuela approves Bitcoin and Litecoin as remittance agents
  Volumes explode as Litecoin (LTC) likely to close above $50It is only through Remesas, which has the support of the Venezuelan government and under its regulators, that users can send funds using Bitcoin and Litecoin. Perhaps, this move (not trusted by many) will further help pump Litecoin, up 14.8 percent in the last day.
  Litecoin Price Analysis
  Fundamentals
  Even though Litecoin (LTC)–like
  
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• Dow Trapped in Limbo as Investors Fear US Stocks are Too Expensive

  05-03-2019 17:37
  The Dow and broader U.S. stock market weakened on Tuesday, as overvaluation risks kept the major indexes subdued following a sharp correction at the start of the week. Dow, S&P 500 Fail to Rally as Valuation Risks Linger A lack of positive momentum kept the major indexes subdued on Tuesday, with the Dow Jones Industrial Average edging down 10 points, or 0.0.4%, to 25,809.67. The blue-chip index opened slightly higher but quickly fizzled, reflecting a lackluster pre-market session for Dow fut
  
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• SIX Swiss Exchange Launches Ethereum-Based Exchange-Traded Product

  05-03-2019 17:32 via cointelegraph.com
  SIX Swiss Exchange’s Ethereum-based ETP is now trading under ticker AETH, with a management fee of 2.5 percent
  
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• Crypto Market Trims Losses as Binance Coin (BNB) Leads with Massive 20% Spike

  05-03-2019 17:22
  Major cryptocurrencies have ticked upward over the last hour, entering positive territory on the daily charts with Binance Coin ahead of the game, trading up 21.08% against the US dollar. Key Takeaways Binance Coin is trading up, pumping in value even during the market-wide price corrections seen earlier today. Bitcoin market dominance is still over 50% Major coins are now ticking upward with only Tether posting losses among the top 10 coins (likely a blip). The market cap has regained $1 billio
  
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• US Crypto Exchange ErisX Hires Former Wells Fargo Executive as Business Developer

  05-03-2019 17:16 via cointelegraph.com
  Former Wells Fargo executive Kyle Unterseher has been hired by United States-based cryptocurrency exchange ErisX as a business development exec
  
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• Cryptocurrency Tracker Apps: An Overview and the Commercialization Problem

  05-03-2019 17:13
  Several years into the cryptocurrency era, many users and enthusiasts have faced a peculiar issue: managing their various crypto assets required a degree of automation. It’s hard to keep track of everything that blooms in your crypto garden: on the one hand, many of us have accounts on more than one crypto exchange and wallets scattered across many blockchains; on the other, a large number of ICO investors and HODLers need ready access to their numbers. In order to satisfy the demand and m
  
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• Kraken’s $1 Billion Futures Trading Volume Prove Crypto Demand is Very High

  05-03-2019 16:38 via newsbtc.com
  Kraken’s acquisition of the UK-based cryptocurrency futures provider Crypto Facilities led the platform on a high trading volume spree, according to their latest statements.
  Sui Chung, the head of indices and price products at Crypto Facilities, confirmed that the trading volume on their futures platform increased by 565% following Kraken’s $100 million acquisition. In total, the platform recorded $1 billion worth of trades in over a 30-day timeline across all its products: bitcoin,
  
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• How Supply Affects Crypto’s Value, Explained

  05-03-2019 16:37 via cointelegraph.com
  “Deflation” has been a bad word in the global economy for a while — but supporters of cryptocurrencies with fixed supplies believe it can be a good thing
  
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• Donald Trump Lies 12 Times Every Day. He’s the Real Fake News.

  05-03-2019 16:35
  Donald Trump has taken to Twitter again to denounce the “fake news media,” calling it the “enemy of the people.” In March 4 tweet which quotes Fox News host Tucker Carlson, he lashes out at The Washington Post and The New Yorker. “The American Media has changed forever. News organizations that seemed like a big deal are now extinct. Those that remain have now degraded themselves beyond recognition, like the New Yorker – or they’ve been purchase
  
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• Ethereum Fork Could Help Restore Frozen Parity Cryptocurrency - Fortune

  05-03-2019 16:33 via fortune.com
  Ethereum Fork Could Help Restore Frozen Parity Cryptocurrency  FortuneTens of millions of dollars worth of Ethereum frozen in 2017 may finally be recovered, thanks to a new upgrade in the cryptocurrency technology. More than ...
  
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• Google to Unveil macOS Vulnerability

  05-03-2019 16:05
  It is associated with the implementation of a copy-on-write mechanism in the system
  
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• Crypto Markets Recover $5 Billion Lost on Monday, Bitcoin Tests $3,900 Support

  05-03-2019 15:57 via cointelegraph.com
  Crypto markets have recovered from recent losses, with all top 20 coins seeing healthy green, Bitcoin eyes $3,900
  
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