Cryptocurrency news

• Brian Kelly Says Next Target for Bitcoin is $6,000, With Crypto Markets Bottoming

  02-04-2019 23:54 via cointelegraph.com
  Crypto bull and commentator Brian Kelly said that the next target for Bitcoin is $6,000
  
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• A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies

  02-04-2019 23:45
  The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.
  
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• Crypto’s ‘calm before the storm’: DataDash

  02-04-2019 23:30
  The crypto markets could be setting up for a sizable breakout in price, according to recent analysis from DataDash on YouTube.Crypto headed for a moveOn March 29, DataDash YouTube channel host Nicholas Merten jumped online to share his thoughts on upcoming crypto price action. The analyst called crypto’s current state “the twilight zone,” as price volatility has been down and the market is “narrowing in on some major indicators,” he said.
  Merten mentioned that he th
  
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• Tesla Stock Drops after Chinese Hackers Expose Alarming Vulnerability

  02-04-2019 23:19
  China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve been able to access them remotely. Tencent subsidiary Keen Labs released its findings in a whitepaper called “Experimental Security Research of Tesla Autopilot.” This was the second report in about three years from the highly-regarded research group, which continues to warn that Tesla’s
  
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• The Cryptocurrency That's Leading the Pack in 2019 - Elliott Wave International

  02-04-2019 23:02
  The Cryptocurrency That's Leading the Pack in 2019  Elliott Wave InternationalIf it's an important crypto, you'll be on top of it. 1. You Get Analysis Through the Day. Your Cryptocurrency Pro *Service* subscription puts a team of Forex experts ...
  
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• Bulls are Back in Town? Experts Weigh in on Bitcoin Price Rise

  02-04-2019 23:00 via newsbtc.com
  The price of Bitcoin has surged to its highest point since last November, reaching an average of almost $4,850 according to crypto asset price comparison site Coinmarketcap. Having broken the $5,000 mark on some exchanges, the Bitcoin price has since retreated back to around $4,720 at the time of writing.
  Many long-term commentators on the space have taken the sudden price rise as an indicator of the end of the ongoing bear market. However, others believe the surge to be simply another bull-trap
  
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• PayPal Backs Digital Identity Startup Cambridge Blockchain

  02-04-2019 22:56 via feedproxy.google.com
  
  PayPal has joined Cambridge Blockchain’s Series A funding round, marking the US payment giant’s first blockchain investment. Cambridge Blockchain, a startup developing digital identity management software for financial institutions, initially closed its Series A in May 2018 after raising US$7 million from Foxconn’s HCM Capital, Partech Partners, Future\Perfect Ventures and Digital Currency Group, but according […]
  The post PayPal Backs Digital Identity Startup Cambridge
  
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• Bitcoin Price: Brian Kelly Reveals Just How High This Rally Will Go

  02-04-2019 22:55
  The crypto bulls are out in full force, and price predictions are back. Crypto trader Brian Kelly has consistently stuck up for bitcoin, even during the market downturn. Now BTC is returning the favor with today’s double-digit percentage rally. Kelly has taken his cue, telling CNBC that the $6,000 to $6,500 range is the new resistance and that’s exactly where the bitcoin price is headed: “Probably a reasonable target is close to $6,000 for this move.” Based on fundamental
  
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• A16z Moves to Place Bigger Bets on High-Risk Assets – Including Crypto

  02-04-2019 22:45
  Andreessen Horowitz has reportedly registered all 150 of its employees as financial advisors to invest more heavily in risky assets such as crypto.
  
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• Austrian Economics Minister: ‘We Do Not Need Regulation for Blockchain’

  02-04-2019 22:26 via cointelegraph.com
  Minister for Digital and Economic Affairs of Austria Margarete Schramboeck said that blockchain needs no regulation, unlike cryptocurrencies
  
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• Crypto Community Speculates On What Triggered Massive Bitcoin Price Rally

  02-04-2019 22:00 via newsbtc.com
  The majority of 2019 has been a nail biter for crypto market participants, as investors, traders, and analysts alike watched and waited for signs the elusive Bitcoin price bottom may be in.
  Overnight last night, a massive rally occurred, taking the price of Bitcoin through strong resistance at $4,200 to roughly $4,800. Following the move, the entire crypto community is speculating on what caused the enormous price spike and if the rally signals the end of the bear market.
  Crypto Community Confli
  
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• Amazon ‘Hates’ Walmart, Schemes to Kill Rival in Bloody Price War

  02-04-2019 22:00
  Online retail giant Amazon loathes rival Walmart so much that it’s slashing prices on 500 grocery items at its Whole Foods subsidiary just to crush Walmart into the ground. That’s what CNBC commentator Jim Cramer claims. “They hate, hate, hate Walmart!” said Cramer. “Walmart is the biggest grocery chain in the country. Amazon will stop at nothing to take away theshare that Walmart has gained.” Amazon Will Go Scorched-Earth if Necessary On April 1, Whole Foods
  
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• $255 Million: Coinbase Confirms Extent of Crypto Insurance Coverage

  02-04-2019 21:59
  Coinbase has revealed the details of its $255 million insurance policy for crypto held on customers' behalf.
  
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• Global Blockchain Applications in Telecoms to Generate $1.37 Billion by 2024: Report

  02-04-2019 21:57 via cointelegraph.com
  Global blockchain applications in telecoms will generate a revenue of $1.37 billion by 2024, according to a new report
  
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• Two new bills put forth by Congress will impact cryptocurrency | Cryptopolitan - Cryptopolitan

  02-04-2019 21:40
  Two new bills put forth by Congress will impact cryptocurrency | Cryptopolitan  CryptopolitanThe US House of Representatives was introduced to two bills that were pro-cryptocurrency that emphasized the need for collecting the necessary data to crea.
  
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• Bithumb asks users to stop making cryptocurrency deposits owing to external audit - AMBCrypto News

  02-04-2019 21:38
  Bithumb asks users to stop making cryptocurrency deposits owing to external audit  AMBCrypto NewsBithumb, one of the leading South Korean cryptocurrency exchange platform, was recently under the spotlight of the cryptocurrency space because of a hack ...
  
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• Bitcoin breaks through huge resistance

  02-04-2019 21:32
  After months of inability to break the $4,000 to $4,400 price zone of resistance, bitcoin finally has surged through it. Lets check out the charts for further data!1-Week chartImage Courtesy: TradingView.comBitcoin’s weekly candle chart shows some fascinating data. As mentioned last week, price appeared to backtest the 20-week moving average (MA) and hold it as support.
  From there, price surged up through the thick red zone of resistance with conviction, something BTC has failed to do sinc
  
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• Cryptocurrency Market Sees Bullish Wave, Causing Binance Exchange UI Technical Problems - Bitcoin Exchange Guide

  02-04-2019 21:25
  Cryptocurrency Market Sees Bullish Wave, Causing Binance Exchange UI Technical Problems  Bitcoin Exchange GuideCryptocurrency is off to a good start this month, as reports show the capitalization of the market near the $150 billion price point. The Binance Coin was a part of ...
  
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• $10 Billion Wealth Advisor: Global FOMO Primes Bitcoin for 40% Surge

  02-04-2019 21:15
  Bitcoin is primed for a bull run to $7,000 later this year, says a major global asset management and financial advisory company in comments early Tuesday morning. DeVere: Crypto Winter is Over & Bitcoin Will Boom Nigel Green, founder and chief executive of DeVere Group, a $10 billion financial advisory and wealth management firm for high net worth individuals, says crypto winter is over: “I’m now calling that the market has bottomed and the so-called crypto winter has come to an
  
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• Dow Dives 79 Points as Walgreens Paves Way for Brutal Earnings Season

  02-04-2019 21:10
  The Dow lagged the rest of the U.S. stock market on Tuesday after Walgreens admitted that its generic drug business struggled last quarter, raising fresh alarm over the health of Wall Street corporate earnings. Dow Lags the Wider U.S. Stock Market The Dow Jones Industrial Average was off by as much as 136 points on Tuesday, reflecting a shaky pre-market session for U.S. stock futures. The blue-chip index would settle down 79.29 points, or 0.3%, at 26,179.13  Twenty-one of 30 index members t
  
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• Ernst & Young Argues That Crypto Exchange QuadrigaCX Should Be Placed in Bankruptcy

  02-04-2019 21:05 via cointelegraph.com
  Ernst & Young has argued that the now-defunct Canadian crypto exchange QuadrigaCX should be placed in bankruptcy rather than undergo a restructuring process
  
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• Volumes Up 5X As Ripple (XRP) Prices Break-out From a 3-Month, 4 Cents Range

  02-04-2019 21:00 via newsbtc.com
  Ripple price revival, up 12 percent
  SWIFT competition increase, after Ripple now CIPSAfter 20 million XRPs were stolen from BitHumb, exchanges should put in place measures to jealously protect their reputation as well as shield user funds. Yes, there are losses but there shouldn’t be wholesale condemnation as exchanges play a critical role of injecting liquidity in the market. Besides, as a fiat-crypto or crypto-crypto on-ramp, they help in drawing demand, spurring adoption which boosts p
  
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• Cryptocurrency Not Yet A Viable Funding Tool For Terror Groups - ETHNews

  02-04-2019 20:56
  Cryptocurrency Not Yet A Viable Funding Tool For Terror Groups  ETHNewsThe RAND Corporation says cryptocurrency does not meet the needs of terror organizations because no single coin offers.
  
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• Twitter, Square CEO doubles down on crypto - Toronto Star

  02-04-2019 20:50
  Twitter, Square CEO doubles down on crypto  Toronto StarJack Dorsey, founder and CEO of mobile payments platform Square, Inc. says the company is hiring engineers to advance acceptance of crypto currencies.
  
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• Brexit Bombshell: What Theresa May’s Shock Article 50 U-Turn Means for UK

  02-04-2019 20:40
  Theresa May is now backing an extension to Article 50. In a wild turn of events, the UK’s prime minister who has long opposed elongating the Brexit process is now pushing to leave “before May 22nd.” Just for fun, here’s a video of Theresa May pushing back against the idea in February. Theresa May Now Seeking Unity With Labour’s Jeremy Corbyn While Theresa May has zero credibility, it’s staggering that she is still here at this point. She appeared to be resigni
  
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• Alexandria Ocasio-Cortez Demands Justic for ‘Tortured’ Chelsea Manning

  02-04-2019 20:20
  In response to a tweet lauding her for her stance on congressional protection for whistleblowers, Alexandria Ocasio-Cortez tweeted that “solitary confinement is torture” and specifically called on the United States to release Chelsea Manning. Related: Chelsea Manning has been trapped in solitary confinement for refusing to answer questions before a Grand Jury. Solitary confinement is torture. Chelsea is being tortured for whistleblowing, she should be released on bail, and we should
  
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• Food Tech Giant Bühler Reveals ‘Blockchain-Ready’ Tools to Combat Salmonella and E. Coli

  02-04-2019 20:19 via cointelegraph.com
  Two “blockchain-ready” food safety products have been introduced by multinational food technology giant Bühler
  
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• Bitcoin’s Mammoth Rally Caused This Nasdaq Stock to Surge 20%

  02-04-2019 20:15
  As Bitcoin’s sudden rally higher captures the world’s attention, it is not only the cryptocurrency investment that is racing back into the light. Any company associated with BTC is experiencing a green day, and naturally, Riot Blockchain (RIOT) is no exception. Despite fading a lot of its daily gains, the crypto mining outfit is still up more than 20%, outperforming most cryptocurrencies. Riot Blockchain Lives and Dies With the Bitcoin Price Most articles in the mainstream financial
  
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• A Return to Satoshi's Ideal: The Hybridization of Cryptocurrency Exchanges - Block Telegraph

  02-04-2019 20:14
  A Return to Satoshi's Ideal: The Hybridization of Cryptocurrency Exchanges  Block TelegraphCryptocurrency exchanges are notorious for their fragility. They are targets of constant scrutiny and animosity from all sectors. They have directly or indirectly ...
  
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• Monero (XMR) Register Double-Digit Gains Even as Hash-Rate Plunge

  02-04-2019 20:00 via newsbtc.com
  Monero price up 27 percent after closing above $60
  Tokenomy Exchange now support Monero (CMR)Two weeks after the Boron Butterfly update, Monero (XMR) is surging, up 27 percent and trending within a bullish breakout pattern. With the upgrade, the network is secure after patching Big Bang and decentralized thanks to ASIC resistance.
  Monero Price Analysis
  Fundamentals
  Like hard, fiat money, Monero is anonymous. However, it doesn’t stop there. The coin is perfect for the internet, is digital,
  
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• Crypto Lending: Quick and Easy Way to Multiply Your Portfolio (and Protect it)

  02-04-2019 19:36
  The moment the crypto community has been waiting for has finally arrived, (for now). Out of nowhere, Bitcoin has demolished resistance levels and the crypto market is showing bullish signals. In times like these, your portfolio will multiply by itself, but if you really want the most out of this bull run, let’s see how crypto lending can help. Alternatively, we’ll show you a few tips to hedge your portfolio in case this “pump” becomes a  “dump.” HOW TO BU
  
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• Elon Musk Reveals His Favorite Crypto – Hint: It’s Not Bitcoin

  02-04-2019 19:15
  Billionaire Elon Musk has a favorite cryptocurrency — Dogecoin (DOGE). We knew Musk was a fan of crypto after he touted the brilliance of bitcoin, suggesting paper money would eventually disappear. His preference for Dogecoin comes as a welcome surprise and has emboldened the meme-happy community. After months of the crypto community trying to get Musk’s attention with the BTC Lightning Torch, the Tesla founder finally took the bait, only it wasn’t bitcoin. Musk responded to an
  
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• Cryptocurrency Mutual Funds; associated risks and savings | Cryptopolitan - Cryptopolitan

  02-04-2019 19:15
  Cryptocurrency Mutual Funds; associated risks and savings | Cryptopolitan  CryptopolitanMutual funds are a great way of benefiting from experts in the financial world. Crypto investors who lack the knowledge and experience in investing their B.
  
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• Bitcoin (BTC) Prices Explode after Fool’s Day with “Zero” Fundamentals

  02-04-2019 19:00 via newsbtc.com
  Bitcoin prices uptick, up 22 percent
  Fundamentals and analyst signal buyMark Dow says Bitcoin (BTC) is buyable, and true to his word, it is. The coin is up 22 percent in the last week thanks to today’s upswing thrusting the asset above $4,500. With favorable candlestick arrangements, Bitcoin (BTC) will likely test $6,000 in short to medium term.
  Bitcoin Price Analysis
  Fundamentals
  There is a transition and bulls are back. In 30 short minutes, Bitcoin (BTC) prices spiked to above $5,000 an
  
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• Analyst: World ‘Preparing’ for the Worst – Is the Dow Rally Doomed?

  02-04-2019 18:47
  Following a weak opening, the Dow Jones slipped by 0.33 percent to 26,172 on Tuesday, maintaining the 26,000-point level but disappointing investors after a strong week of gains. Despite the optimism of investors surrounding the Federal Reserve’s reluctance towards increasing its benchmark interest rate, strategists are not convinced that the Dow is ready for a full-fledged rally. Markets Preparing the Worst, Will it Zap the Dow Rally? The Dow is said to have slipped since the opening due
  
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• QuadrigaCX Crypto Exchange Could Soon Be Placed in Bankruptcy

  02-04-2019 18:21
  EY, the court-appointed monitor for QuadrigaCX, is looking to move the exchange into bankruptcy.
  
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• Bitcoin’s Price Rises Above Major Moving Averages In First Since 2018

  02-04-2019 18:18
  Bitcoin is now trading above its 50, 100 and 200 day moving averages for the first time in nearly 15 months after the cryptocurrency breached $5,000 during Tuesday's trading session.
  
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• 5 Reasons Bitcoin Bull Rally is Just Beginning after 2019-High Above $5,000

  02-04-2019 18:15
  The bitcoin price briefly crossed the $5,000 in several major regions on April 2, officially surpassing the $4,800 mark in global average price. The somewhat expected increase in the price of bitcoin left many investors, including industry executives, bewildered about the factors that led the dominant cryptocurrency to surge. 1st Factor: A Purely Technical Move Throughout the past week, CCN reported that the $4,200 resistance level is crucial for the near-term price movement of bitcoin and once
  
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• JWallet Review: The Best ERC-20 Cryptocurrency Wallet? - Bitcoinist

  02-04-2019 18:03
  JWallet Review: The Best ERC-20 Cryptocurrency Wallet?  BitcoinistJWallet is an Ethereum & ERC20 cryptocurrency wallet designed by Jibrel Network. Here is our review of the project.
  
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• XMR.to suspends service to US customers

  02-04-2019 18:00
  At least for the time being, private bitcoin payment service XMR.to has decided to discontinue allowing customers in the United States to use the service.US customers no more, for now“XMR Core Team” presented the news in a March 30 Reddit post on r/Monero.
  The announcement stated:XMR.to will for the time being not be serving customers in the US.
  We are working with our legal team to understand the best way forward. This policy will come into force tomorrow.
  Thank you for your underst
  
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• No, Bitcoin Didn’t Surge Because of a Stupid April Fool’s Joke

  02-04-2019 17:59 via newsbtc.com
  The 23 percent rally that sent the bitcoin price to its four-month high did not start with an April Fools’ Day joke.
  It is wise for analysts and financial professionals to look for clues behind any unnatural price action. It took bitcoin only one hour to break a plethora of strong resistance levels and claim $5,023 as its session high. Many analysts on Twitter showed their lack of awareness about the price movement. Some looked for answers in technical patterns, while others merely refuted
  
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• ‘Augur Scam’ Sparks Centralized Vs. Decentralized Debate on Reddit

  02-04-2019 17:55 via cointelegraph.com
  Augur’s recent network manipulation leads to bigger-picture debate on whether decentralized networks have evolved enough to be considered an improvement on the shortcomings of centralized networks
  
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• Pakistan’s Central Bank Aims to Issue Its Own Digital Currency by 2025

  02-04-2019 17:50 via cointelegraph.com
  Jameel Ahmad, the deputy governor of the State Bank of Pakistan, declared that the institution aims to issue a digital currency by 2025
  
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• Facebook Will Rake in $10 Billion a Year from Instagram Checkout: Analyst

  02-04-2019 17:44
  A major European investment bank says the Instagram Checkout feature which debuted last week will make Facebook $10 billion richer every year by 2021. The social media app’s new shopping cart is rolling out in beta with 23 top brands (like Nike, Adidas, Dior, and Prada). Now we know how people are going to spend all those “FaceCoins.” Facebook Sinks its Teeth into E-Commerce with Instagram Checkout Facebook is investing heavily in Instagram Checkout, according to Deutsche Bank&
  
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• Bitcoin Surges as Cryptocurrency Market Suddenly Springs to Life - Yahoo News

  02-04-2019 17:39
  Bitcoin Surges as Cryptocurrency Market Suddenly Springs to Life  Yahoo NewsTraders struggled to pinpoint reasons for the rally, though some noted a flood *fresh* interest after Bitcoin breached the $4200 level. The cryptocurrency briefly ...
  
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• PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First

  02-04-2019 17:29 via cointelegraph.com
  In an apparent first, PayPal has made an investment in a blockchain startup — one that focuses on giving users more control over their digital identities
  
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• TRON Keeps Sustaining Attention of the Cryptocurrency Community with Each of Their Deals - The Cryptocurrency Analytics

  02-04-2019 17:24
  TRON Keeps Sustaining Attention of the Cryptocurrency Community with Each of Their Deals  The Cryptocurrency AnalyticsTRON CEO recently stated, TRON is performing far better than Ethereum and Bitcoin when it comes to decentralization.
  
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• Why Today’s Bitcoin Rally Does Not Mean The End of The Bear Market

  02-04-2019 17:19 via newsbtc.com
  Following over a year of falling prices and market cap, Bitcoin has finally broken resistance to lead a crypto rally. All but four coins in the top 100 are in the green, with many gaining double-digits. So far, Coinbases’s BTC/USD 1 hour chart shows a sustained upward trend, but given the unpredictability of crypto markets, investors would be prudent to think the bear market is still here.Is This The Start of A Bull Market?
  To say the last 460 odd days have been grueling would be an unders
  
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• Bitcoin Price Pounds Toward 5-Month High – Here’s Why $6,000 is Next

  02-04-2019 17:01
  The bitcoin price finally broke above an extended resistance channel to establish a new yearly high above the psychologically-significant $5,000 mark. Coinbase data shows that BTC/USD spiked during the early Asian trading session, surging almost 23 percent in just two hours to $5,120. The rally accompanied substantial volume, confirming a positive breakout scenario for the cryptocurrency. It also negated some portion of the losses caused by the notorious bitcoin cash hard fork, which prompted th
  
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• Learn more about investing in cryptocurrency at Greensboro library seminar - Greensboro News & Record

  02-04-2019 16:56
  Learn more about investing in cryptocurrency at Greensboro library seminar  Greensboro News & RecordGREENSBORO — You may have heard of Bitcoin or Blockchain, commonly called cryptocurrency. But do you know whether they are good — or safe ...
  
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