Cryptocurrency news

• Four More Suspects Arrested in $14.5 Million Cryptocurrency Scam in India - CryptoGlobe

  24-03-2019 23:52 via cryptoglobe.com
  Four More Suspects Arrested in $14.5 Million Cryptocurrency Scam in India  CryptoGlobeMumbai, India's city crime branch has reported that they've cracked down on another fraudulent cryptocurrency-related investment scheme. In this particular ...
  
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• Facecoin To Replace U.S. Dollar? Facebook Claims It’s “Helping People”

  24-03-2019 23:30
  We’re all still thinking like regular crypto heads when it comes to what Facebook’s Mark Zuckerberg has up his sleeve with his stablecoin. The Zuck’s not thinking about just creating his own crypto. He wants to replace the U.S. dollar according to Ted Livingston, who’s developed the reputation of being ahead of the industry in making predictions. Livingston is the founder and CEO of messaging platform Kik. Facebook’s moves aren’t steeped in anything nefarious.
  
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• Bitcoin Dominance Wanes In Crypto Recovery, But Researcher Says This Isn’t The Case

  24-03-2019 22:00 via newsbtc.com
  Recent reports seem to indicate that, believe it or not, Bitcoin (BTC)’s short-term prospects in this market are limited, as crypto analysts await the holy grail of trading sessions — the fabled “altseason.” With this phase of trading, analysts expect for Bitcoin’s hegemony over the broader industry to slip, as stakeholders flee to alternative digital assets in search of hefty profits. But a researcher claims that traders are getting this all wrong.
  Bitcoin Losing S
  
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• Russia Postpones Parliamentary Reading of Crypto Regulation Bill

  24-03-2019 21:32
  The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. The draft bill is not without its controversies, as it has been specifically edited to remove the terms “cryptocurrency,” “smart contract,” and “token.” This is in line wi
  
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• Is Google a Hypocrite for Developing China’s Artificial Intelligence?

  24-03-2019 20:43
  Google will meet next week with America’s military brass to allay Washington’s concerns that it’s helping China’s artificial intelligence (AI) program while refusing to assist the Pentagon with tech initiatives. Chairman of Joint Chiefs of Staff General Joseph Dunford said on Thursday that the internet giant is “assisting the Chinese military in advancing technology,” and such an effort “is not in U.S. national interests.” He made the remarks at At
  
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• Analyst: Bitcoin (BTC) Reaching 5,500 is a Strong Likelihood, But Possibility of Drop to 3,000 Remains

  24-03-2019 20:30 via newsbtc.com
  Bitcoin has been experiencing a quiet weekend trading session and is currently firmly in the middle of its long-established trading range between $4,000 and $4,100. It is unclear how long this range will persist, but historically BTC has experienced fairly significant price swings after long bouts of sideways trading.
  Now, analysts seem to concur that Bitcoin is posed to make a large upwards swing towards $5,500 in the near future, but it is important to note that the possibility of further down
  
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• Overstock’s tZERO Security Token Platform to Launch Cryptocurrency Trading App This Summer - CryptoGlobe

  24-03-2019 20:20 via cryptoglobe.com
  Overstock’s tZERO Security Token Platform to Launch Cryptocurrency Trading App This Summer  CryptoGlobeOverstock's security token trading platform tZERO is reportedly set to launch a cryptocurrency trading app this summer, to let users buy and sell bitcoin on their ...
  
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• Kathy Griffin Still Playing Victim Card Two Years after Disgusting Trump Head Stunt

  24-03-2019 20:16
  I’m not going to mince words here. Kathy Griffin disgusts me. In the wake of an ISIS leader repeatedly sending out videos of himself decapitating people as part of the group’s sick propaganda, Griffin thought it funny to draw a parallel to President Trump. Kathy Griffin Beheads Donald Trump in Shocking Photo Shoot (PHOTO) https://t.co/UM9GHRrFf5 — TMZ (@TMZ) May 30, 2017 Who can forget that 2017 photo of her with that faux head of the president dripping “blood?” She
  
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• Bitcoin Basher Agustin Carstens Rails Against Central Bank Crypto Projects

  24-03-2019 20:15
  Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability. During his speech at the Central Bank of Ireland, the BIS official said: “There are huge operational consequences for central banks in implementing monetary policy and implications for the stability of the financial system. Central banks do not put a brake on innovations just for the sake of
  
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• Changes to Tether’s Terms of Reserves Raises Fresh Concerns

  24-03-2019 19:54 via cointelegraph.com
  Cryptocurrency community members are speculating that Tether is not being openly transparent about its reserves after changes to its website.
  
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• Trump Takes Unsustainable Path as US Lurches Toward Recession

  24-03-2019 19:02
  As President Donald Trump continues sounding a triumphalist tone on the subject of the economy, there are developing signs that point to a brewing recession. Fear of a slowdown is the primary reason why the Federal Reserve declined to raise interest rates at the start of the year, and now it seems that these fears are well-founded. GDP growth during the four quarters of 2018 was the fastest since 2005. This Administration is the first on record to have experienced economic growth that meets or e
  
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• Litecoin Boom Past $60 Could Set Bitcoin (BTC) Up For A Surge

  24-03-2019 19:00 via newsbtc.com
  Sure, Litecoin (LTC) has been receiving some flak as of late, but there’s no denying the surge the cryptocurrency has undergone in recent months. One analyst argues that the rally in that specific asset could be setting Bitcoin (BTC) up for an eventual recovery, citing eerie similarities in the two assets’ price action.
  Related Reading: Crypto Bull Returns, Predicts Targets For Bitcoin, Ethereum, Ripple, Litecoin
  Litecoin Rallies Into Halving
  In mid-December, LTC was trading at a mer
  
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• Is Ripple (XRP) Crumbling? ETH Gap Widens to $1.5 Billion

  24-03-2019 19:00 via newsbtc.com
  Ripple prices down three percent from last week’s close
  Price surges depend on xRapid adoptionParticipation levels low and almost half that of Feb 24At third with a market cap of $12,861 at the time of press, Ripple (XRP)—like the rest is under pressure. However, this has been compounded by regulatory uncertainty which is likely to be clarified next year. If the SEC has reason to classify XRP as a utility with no central control, prices will surge towards Sep 2018 highs at 80 cents.
  
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• Bitcoin Holds Just Over $4,000 as Top Cryptos See Slight Losses

  24-03-2019 18:44 via cointelegraph.com
  Bitcoin holds just over $4,000 as most of the top 20 cryptocurrencies report slight losses on the day
  
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• Will Bitcoin Shine? After Ponzi Jab, BIS Boss Says CBDC Destabilizing

  24-03-2019 18:00 via newsbtc.com
  Bitcoin price under pressure
  Carstens of BIS against central bank digital currencies (CBDCs)
  Volumes low and drop below or above Mar 21 high-lows must exceed 13kAccording to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy. However, that is not stopping some central banks from experimenting with them. Meanwhile, Bitcoin (BTC) is under pressure and could drop to $3,500—800 zone in days ahead.
  Bitcoin Price Analysis
  Fundamentals
  True, we cannot ignore the e
  
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• Most of Bitcoin’s Trading Volume is FAKE: Time to Wake the F*** Up?

  24-03-2019 17:54
  Hands up, anyone who is surprised that a little-known crypto exchange that apparently had the largest bitcoin trading volume on CoinMarketCap has been exposed as a wash trading scam platform. In the world of crypto where apparently everyone made it to Lamboland during the 2017 bull run, and absolutely everybody knew when to sell, no one will admit that they have been played. Since Bitwise published its investigation two days ago showing that at least 95 percent of all bitcoin trading volume is f
  
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• Binance Changes Launchpad Token Sale Format to Lottery

  24-03-2019 17:41 via cointelegraph.com
  The Binance Launchpad format has been radically changed by the cryptocurrency exchange
  
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• Sluggish Bitcoin Price Creates Bullish Opportunities for Wider Crypto Market: Trader

  24-03-2019 17:15
  In the past 24 hours, the Bitcoin price has remained stable above the $4,020 mark, unable to break out above a key resistance level at $4,200. Meanwhile, a handful of crypto assets and tokens recorded gains in the range of 5 to 30 percent. Polymath, the best performing crypto asset on the day, recorded a 31 percent gain against the U.S. dollar, with most of the volume coming from Upbit, a major cryptocurrency exchange in South Korea. As seen in the chart of Polymath below, most alternative crypt
  
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• Hodler’s Digest, March 18–24: Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week

  24-03-2019 16:55 via cointelegraph.com
  North Korean dissidents are selling “visas” based on ETH, Square wants to develop open source crypto contributions, and more in this week’s Hodler’s Digest
  
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• Tor Digital Privacy Project Accepts Donations in Cryptocurrency - Cointelegraph

  24-03-2019 16:18 via cointelegraph.com
  Tor Digital Privacy Project Accepts Donations in Cryptocurrency  CointelegraphNews. Tor digital privacy software is now accepting donations in various cryptocurrencies, as a new crypto donational portal appeared on the project's website ...
  
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• BIS Chief Doesn't Want Central Banks To Issue Cryptocurrency - Bitcoinist

  24-03-2019 16:11 via bitcoinist.com
  BIS Chief Doesn't Want Central Banks To Issue Cryptocurrency  BitcoinistBIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank Digital Currencies BIS ...
  
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• Tor Digital Privacy Project Accepts Donations in Cryptocurrency

  24-03-2019 16:00 via cointelegraph.com
  The digital privacy project Tor is now accepting various cryptocurrencies on its donations portal
  
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• Pinterest’s Big IPO Bet is E-Commerce: Can It Beat Instagram and Amazon?

  24-03-2019 15:46
  Pinterest, one of the most widely utilized photos sharing platforms for content creators, artists, and casual users, has filed its S-1 form to conduct an initial public offering (IPO). In its post-IPO era, Pinterest is reportedly planning to expand into the e-commerce market, competing against the likes of Instagram, Amazon, and Walmart. Depending on the success of its initiative to create an e-commerce-enabled platform, Pinterest may be able to secure a new source of revenue it is yet to touch
  
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• US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership

  24-03-2019 15:40 via cointelegraph.com
  Singapore-based fintech company Hydra X has partnered with United States-based institutional crypto exchange Seed CX to bring its offerings to Asia
  
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• Kevin Tsujihara Scandal Exposes the Corruption That Festers in Post-Weinstein Hollywood

  24-03-2019 14:00
  A wealthy and well-connected executive at the helm of one of America’s most powerful corporations strikes up an extra-marital affair with a 19-year-old industry rookie. Leaning on his contacts, he opens doors for her that she could never have done otherwise. Soon, opportunities start to come her way, and she quickly builds up a reputation and a work portfolio. In the space of just a few months, she metamorphoses from a ground-level wannabe into a bonafide industry veteran with a bright fut
  
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• BMW, Intel Partner With Government-Backed Blockchain Accelerator

  24-03-2019 13:59
  BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe.
  
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• Streaming Service Twitch Removes Crypto Payment Options, Reddit User Reports

  24-03-2019 13:53 via cointelegraph.com
  Bitcoin and Bitcoin Cash have been removed as payment options from Amazon-owned streaming service Twitch
  
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• Chicago Mayor and Former Obama’s Chief of Staff Rahm Emanuel says Cryptocurrency Adoption is Inevitable - Blockmanity

  24-03-2019 13:21 via blockmanity.com
  Chicago Mayor and Former Obama’s Chief of Staff Rahm Emanuel says Cryptocurrency Adoption is Inevitable  BlockmanityMayor of Chicago and former Obama's chief of staff Rahm Emanuel recently talked about Cryptocurrencies in a recent debate on the city's Fintech movement.
  
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• Crypto Futures and Institutional Interest: Looking in the Wrong Place

  24-03-2019 12:45
  Cboe's suspension of bitcoin futures highlights a mistake we're all making when it comes to institutional involvement, argues Noelle Acheson.
  
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• ‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

  24-03-2019 12:41
  Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact
  
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• How Lightning Makes Bitcoin Great Again (for Payments)

  24-03-2019 12:05
  Lightning Labs' Alex Bosworth talks about how the lightning network provides bitcoin's best hope for becoming the payments network of the future.
  
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• Crypto Firm BlockFi Trims Interest Rates of Bitcoin Savings Accounts

  24-03-2019 12:02
  BlockFi trims payouts for hedge funds and VCs provides a boost for “average crypto investors”. The BlockFi Interest Account (BIA), which launched as a private beta in January, before rolling out to the public at the start of March, has so far been dubbed a “huge success” by the firm. The BIA gives investors a return whether the crypto market is up or down, and is proving hugely popular with investors. It has drawn in around $35 million in investments so far, and shows no
  
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• Bitcoin [BTC] and other cryptocurrency price predictions are very difficult, says Tom Lee - AMBCrypto News

  24-03-2019 11:34 via ambcrypto.com
  Bitcoin [BTC] and other cryptocurrency price predictions are very difficult, says Tom Lee  AMBCrypto NewsTom Lee, the co-founder of Fundstrat, who is well-known in the cryptocurrency community for his Bitcoin predictions, spoke about the whether or not he ...
  
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• China's Latest Cryptocurrency Rankings: EOS First, Tron Second, Bitcoin Fifteenth - Toshi Times

  24-03-2019 11:31 via toshitimes.com
  China's Latest Cryptocurrency Rankings: EOS First, Tron Second, Bitcoin Fifteenth  Toshi TimesThe Chinese CCID Research Institute has for the 11th time published its public ranking of cryptocurrencies. The top three consists of EOS, Tron and Ethereum.
  
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• Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April

  24-03-2019 09:50 via newsbtc.com
  Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. In the other, it postponed the second reading of the crypto bill draft law to April.
  Ducking Swift Ban
  Anatoly Aksakov, the head of the Russian Banking Association and a finance committee with the Duma, said that the parliament had given the green light to table the b
  
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• Uber and Lyft IPO Valuations at Risk After Drivers’ Wage Backlash

  24-03-2019 08:54
  Uber and Lyft might be getting ready for a couple of prime-time IPOs, but that doesn’t mean its all smooth sailing for the ride-sharing unicorns. Recent scrutiny on the amount that they pay their drivers is threatening to overshadow the public-listing amid a backlash from drivers who are looking to unionize. Uber Slashes Bonus Pay, Drivers Feel the Pain A minimum wage is now in place in New York, ($17 after expenses for Uber and Lyft drivers), and it appears this momentum is now catching o
  
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• Bitcoin (BTC) Price Still In Strong Uptrend, Buying Dips Favored

  24-03-2019 06:00 via newsbtc.com
  Bitcoin price traded to a new monthly high at $4,064 and later corrected lower against the US Dollar.
  The price declined sharply below $3,950, but dips remained supported above $3,900.
  There is a crucial bullish trend line formed with support at $3,920 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair remains well supported on dips near the $3,920 level and the 100 simple moving average (4-hours).Bitcoin price is still in a strong uptrend despite recent bearish moves ag
  
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• Mexico’s Central Bank Proposes Regulations That Could ‘Ban Cryptocurrency Exchanges' - CryptoGlobe

  24-03-2019 05:23 via cryptoglobe.com
  Mexico’s Central Bank Proposes Regulations That Could ‘Ban Cryptocurrency Exchanges'  CryptoGlobeMexico's central bank has recently proposed new regulations to a recently enacted fintech law that could “effusively ban cryptocurrency exchanges in the ...
  
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• Ethereum Price Weekly Analysis: Buy ETH With Break Above $138

  24-03-2019 05:08 via newsbtc.com
  ETH price declined recently, but it found a strong support above $132 against the US Dollar.
  The price recovered and it is now facing a solid resistance near the $137-138 zone.
  There is a major breakout pattern formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair is likely to accelerate higher once there is a proper break above $138 and $140.Ethereum price is aligning for the next move versus the US Dollar and Bitcoin. ETH/USD will most likely climb hi
  
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• Vietnam will soon have its first authorized cryptocurrency exchange - Chepicap

  24-03-2019 01:20 via chepicap.com
  Vietnam will soon have its first authorized cryptocurrency exchange  ChepicapIt has been reported by PR Newswire that a deal has been made between Linh Thanh Group and KRONN Ventures AG to open Vietnam's first fully authorized ...
  
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• How Cryptocurrency Trading Volume Fiasco Can Lead to Bitcoin ETF Approval - Coingape

  24-03-2019 00:54 via coingape.com
  How Cryptocurrency Trading Volume Fiasco Can Lead to Bitcoin ETF Approval  CoingapeThe SEC has held the ETF approval for Bitcoin and Cryptocurrency for a couple of reasons. The most significant reason for the same has been the unregulated ...
  
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• The Debate Over Bitcoin’s Dominance Re-Ignites As Markets Begin Recovery

  24-03-2019 00:00 via crypto-news.net
  Signs continue to emerge that the bear market may finally be at an end, as values across the crypto space are inching upwards and a number of platforms are well on their way to real-world adoption. One positive sign is that Bitcoin has moved past USD $4,000 several times over the past few days. This positive movement is reigniting the debate over the flagship cryptocurrency’s long-term role among blockchain assets. Although Bitcoin’s value is clearly on the upswing, there is reason t
  
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