Cryptocurrency news

• US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline

  11-04-2019 23:45 via cointelegraph.com
  21 U.S. lawmakers sent a joint request to the IRS to provide clear guidance on the taxation of virtual currency
  
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• Now You Can Use Qtum to Trade on Global Markets

  11-04-2019 23:20
  Qtum, an open source public blockchain platform for decentralized applications and smart contracts, announced today that its native cryptocurrency, QTUM, can now be used to invest in traditional markets on mobile trading app Quantfury.The partnership is designed to help Qtum’s Asian user base, which has typically been unable to benefit from the stability of Western markets. This initiative comes at a time when the cryptocurrency market has suffered a massive downturn which increased
  
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• Did Sean Hannity Scrub Pro-Wikileaks Tweets Due to Assange Arrest?

  11-04-2019 23:19
  Fox News host and conservative commentator Sean Hannity has long been a supporter of Wikileaks and Julian Assange. That is, it seems, until around the time Assange was arrested in London after being holed up in the Ecuadorian embassy for six years. Julian Assange’s Plight Meets Grisly End, Extradition to US Likely Within hours of Assange’s arrest, courtesy of Ecuador succumbing to abandoning the chalice that was becoming increasingly poisonous for it, the US Justice Department announ
  
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• Top Trump Advisor’s Shocking Claim Proves Why We Need Bitcoin

  11-04-2019 23:02
  As the Trump administration passes a snowballing debt pile onto Generation Z with self-serving monetary policy, a powerful pro-Bitcoin argument once confined to developing nations is coming home to roost. Trump Advisor Larry Kudlow: No Rate Hikes in My Lifetime The importance of cryptocurrency as a means of financial independence became starkly apparent on Thursday when Trump economic advisor Larry Kudlow made the bold – and shocking – claim that we “wouldn’t see another
  
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• Horizen Labs Raises $4 Million to Build Sidechain-as-a-Service Platform

  11-04-2019 22:54 via cointelegraph.com
  Blockchain tech firm Horizen Labs has raised $4 million in funding from Digital Currency Group, Liberty City Ventures, and other independent investors
  
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• Polychain’s Assets Drop $376 Million Since August, SEC Filings Show

  11-04-2019 22:45
  Polychain, one of the most elite funds serving startups in the crypto industry, is no longer a billion-dollar operation.
  
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• Crypto Exchange Bithumb Posts $180 Million Loss for 2018

  11-04-2019 22:31
  Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.
  
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• Crypto Market Cap Could Rise 40% To $225B If Key Resistance Is Broken

  11-04-2019 22:00 via newsbtc.com
  The crypto market has seen a resurgence in recent months, as Bitcoin price bounced off what appears to be its final bear market bottom, and rallied to $5,000 where it’s currently consolidating.
  The most recent move took the overall crypto market cap, which includes all altcoins and Bitcoin, from $140 billion, to $180 billion where it was rejected at strong resistance. Should the total market cap break the current resistance level, one analysts believes a nearly 40% rise is in the cards, ta
  
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• US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers

  11-04-2019 21:39 via cointelegraph.com
  American startup Flexa raised $14.1 million to develop a blockchain-based payments network for retailers
  
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• MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

  11-04-2019 21:10
  MakerDAO appears set to approve a fifth fee increase that would further raise the cost of platform's US dollar-backed stablecoin DAI.
  
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• Tron (TRX) Cards, Double digit Gains and now Losses, Back to 2.5 Cents?

  11-04-2019 21:00 via newsbtc.com
  Tron prices down 12.7 percent
  Tron dApps activity highGambling and related betting dApps are driving blockchain and crypto adoption according to a report by dApp tracker. Although most dApps do launch from Ethereum, activity is visible in Tron and EOS. Regardless, TRX is down 10.6 percent after gapping down in the Asian session.
  Tron Price Analysis
  Fundamentals
  Blockchain and cryptocurrency are not only growing, but the tech is maturing. If anything, it appears that last year’s winter did
  
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• Former Paypal, Google Engineering Exec Joins Bakkt as Chief Product Officer

  11-04-2019 20:52 via cointelegraph.com
  A former engineering executive at PayPal and Google will join the team of much-anticipated digital asset platform Bakkt
  
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• Dow Falls as Trump Labor Market Becomes Tightest in 5 Decades

  11-04-2019 20:41
  The Dow and broader U.S. stock market declined on Thursday, as earnings anticipation zapped trade volumes and bond yields rose following better than expected jobs data. Dow Edges Lower; S&P 500, Nasdaq Follow All of Wall Street’s major indexes headed lower in afternoon trading, which reflects a tepid pre-market for Dow futures. The benchmark Dow Jones Industrial Average fell 80 points, or 0.3%, to 26,077.00. Roughly half of the 30 index members traded in the red. The broad S&P 500
  
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• Crypto Hedge Fund Polychain Capital Saw Assets Under Management Drop 40% In Q4 2018

  11-04-2019 20:39 via cointelegraph.com
  Cryptocurrency hedge fund Polychain Capital saw its assets under management shrink from $1 billion to $591.5 million in Q4 2018
  
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• Cryptos Struggle With Mass Adoption in Pakistan

  11-04-2019 20:27 via cointelegraph.com
  Pakistan looks toward regulation for nascent crypto industry
  
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• Telegram’s Cryptocurrency Stealthily Entered Private Beta: Russian Report

  11-04-2019 20:23
  According to local Russian news outlet Vedomosti.ru, Telegram’s Open Network is now live in private beta, with several programmers and beta testers having access to the highly-touted cryptocurrency project. The outlet cites two companies that have been given access to the beta network as sources and provides no real detail on what the testing looks like. Telegram Cryptocurrency Moves One Step Closer to Public Launch Telegram Open Network (TON) has reported progress over the past sever
  
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• IMF Poll: Cryptocurrency Payments Will Be Mainstream By 2024 - Bitcoinist

  11-04-2019 20:04
  IMF Poll: Cryptocurrency Payments Will Be Mainstream By 2024  BitcoinistAn ongoing poll by the IMF shows that more people believe that cryptocurrency will be the most popular payment means for lunch by 2024. More People Prefer ...
  
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• A Spring Before Bitcoin (BTC) Rally To $50,000 As Brian Projects?

  11-04-2019 20:00 via newsbtc.com
  Bitcoin prices accumulate above $5,100
  Transparency translating to confidence, Bitcoin on the path to $50,000The transparent nature and increasing oversight on Bitcoin-related transactions mean it hard to launder money via the network. That’s unlike traditional systems where banks now have to fire employees and shoulder heavy fines after flouting AML and KYC rules. It is because of this that Bitcoin (BTC) is gaining ground and resulting demand could fuel the next wave to $50,000 according
  
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• China proposes cryptocurrency mining ban as prices start to rise again - PC Gamer

  11-04-2019 19:54
  China proposes cryptocurrency mining ban as prices start to rise again  PC GamerThe government agency that is in charge of China's macroeconomic planning is recommending new rules that would effectively ban cryptocurrency mining in the ...
  
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• Blockstack Eyes SEC-Regulated $50 Mln Token Sale With Participation From Harvard Endowment

  11-04-2019 19:43 via cointelegraph.com
  Decentralized computing network Blockstack has applied to the United States Securities and Exchanges Commission to launch a $50 million token sale
  
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• #Metahash Community Has Been Growing… Don’t Miss Out!

  11-04-2019 19:32 via newsbtc.com
  Blockchain technologies and applications are very much alive and kicking, depending on whose side you are looking. For a bit of history, the #Metahash trial period which ran through Q2 2018, leveraging more than 200 temporary servers throughout the world, are now replaced by token owner nodes after the network became fully functional. From that trial, #MetaHash validated its goal of 60,000 – 80,000 Transactions Per Second and now they have almost 500 server nodes established by the communi
  
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• 21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

  11-04-2019 19:30
  With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.
  
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• Circle CEO: Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society

  11-04-2019 19:15 via cointelegraph.com
  Circle CEO Jeremy Allaire has claimed that the crypto and blockchain industry is not just about digital payments, but a fundamental new basis for building solutions
  
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• Bitcoin's Breakout Is Bullish, Buy While Momentum Is Strong - Seeking Alpha

  11-04-2019 19:14
  Bitcoin's Breakout Is Bullish, Buy While Momentum Is Strong  Seeking AlphaLove it or hate it, Bitcoin is here to stay for the time being. The recent rally of April 2019 has presented an opportunity to go long, as BTC/USD breached a cr.
  
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• Blockchain Proptech Startup Propy Completes First Real Estate Transactions In Japan

  11-04-2019 19:11 via feedproxy.google.com
  
  Propy, Inc., a Silicon Valley property technology (proptech) startup, has announced the completion of two blockchain-recorded property deals in Japan, a first in Asia, the startup said on Thursday. The news marks Propy’s first steps into the Asian market. The two properties are residential plots of land located in the St. Moritz neighborhood of Niseko, […]
  The post Blockchain Proptech Startup Propy Completes First Real Estate Transactions In Japan appeared first on Coinjournal.
  
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• Binance Partners With Blockchain Analytics Company CipherTrace to Enhance AML

  11-04-2019 19:11 via cointelegraph.com
  Blockchain analytics company CipherTrace has partnered with the world’s third-top cryptocurrency exchange by adjusted volume, Binance, for improving AML measures
  
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• Reddit Users Claim That QuadrigaCX Bitcoin Withdrawals Came From Other Exchanges

  11-04-2019 19:08 via cointelegraph.com
  Bitcoin withdrawals from the QuadrigaCX cryptocurrency exchange came from other exchanges, according to some Reddit users
  
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• Trump’s Reckless Trade War Threats Risk Sparking Dow Jones Meltdown

  11-04-2019 19:07
  While the Dow struggles to maintain a tenuous grip on growth, President Donald Trump recklessly thrust the economy toward a recession – and the US stock market toward an all-out meltdown. Trump Callously Disregards Impact of His Reckless Tweets The Dow Jones Industrial Average Index (DJI) slid this week on continued fears of a looming recession and lower earnings reports (though the latter are primarily due to inflated figures of last year, which benefited from the one-off immediate impact
  
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• Bitcoin price dumps in correction

  11-04-2019 19:04
  After more than a week of bullish sentiment and positive price action, bitcoin has dropped noticeably in price. Let’s check out where we are on the charts!
  1-Week chart
  Image Courtesy: TradingView.com
  Bitcoin, on the weekly chart, showed strength early in the week. The asset, however, did not quite reach the red zone of potential resistance lying above. Price spent considerable time in that area previously, making the range a possible formidable opponent in the days ahead. This market val
  
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• Cool off, Litecoin (LTC) May Drop To $60 Before Rallying to $110

  11-04-2019 19:00 via newsbtc.com
  Litecoin prices drop 10 percent
  CoinBase teaming with Visa will drive adoptionNot only is CoinBase aggressively listing digital assets and departing from their cautious approach, but they are also busy partnering, opening doors allowing their users to spend their Litecoin balances thanks to their collaboration with Visa. Meanwhile, prices are dropping and may retest $70 and even $60 in a correction phase.
  Litecoin Price Analysis
  Fundamentals
  The correlation between Bitcoin and Litecoin is direc
  
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• JPM Coin: Banks are in DABDA Phase for Cryptocurrency - Coin Idol

  11-04-2019 18:25
  JPM Coin: Banks are in DABDA Phase for Cryptocurrency  Coin IdolFinancial institutions are undergoing the DABDA - denial, anger, bargain, depression and acceptance - phase for the flagship cryptocurrency Bitcoin.
  
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• Bernie Sanders Doesn’t Give a Sh*t How Expensive Medicare for All Is

  11-04-2019 18:23
  2020 presidential hopeful Bernie Sanders made “Medicare for All” his primary campaign slogan. The democratic-socialist senator from Vermont has been a starry-eyed supporter of the radical plan since 2013. He claims it would increase the quality U.S. healthcare and lower the number of underinsured Americans. He opined: “It is not a radical idea to say that in the United States, every American who goes to a doctor should be able to afford the prescription drug he or she needs. He
  
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• ‘Crypto Stripe’ Flexa Raises $14 Million So You Can Buy Coffee With Bitcoin

  11-04-2019 18:00
  Payments startup Flexa is using funds from a private token sale to make shopping with bitcoin at brick-and-mortar stores a reality.
  
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• This Is Why I Am Presently Bullish On Bitcoin - Seeking Alpha

  11-04-2019 17:46
  This Is Why I Am Presently Bullish On Bitcoin  Seeking AlphaIn 2019, Bitcoin's price has risen from $3778 to $5287. The New York Department of Financial Services issued a BitLicense to Bitstamp. Bitcoin to rise in the.
  
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• Harvard Bought Cryptocurrency – That’s a Ridiculously Big Deal - CCN

  11-04-2019 17:37
  Harvard Bought Cryptocurrency – That’s a Ridiculously Big Deal  CCNHarvard's endowment piled into a crypto token sale and now holds cryptocurrency directly. That's a ridiculously big deal for the industry.
  
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• Harvard Bought Cryptocurrency – That’s a Ridiculously Big Deal

  11-04-2019 17:37
  According to Morgan Creek Digital’s Anthony Pompliano and the token sale filing submitted by Blockstack to the U.S. Securities and Exchange Commission (SEC), Harvard University’s endowment invested in Blockstack’s crypto token sale. Harvard Piles Directly into Crypto Token Sale The filing noted that designees of affiliates of the Harvard Management Company including Charlie Saravia, Zavain Dar, and Rodolfo Gonzalez participated in the purchase of 95,833,333 Stacks Tokens. BREAK
  
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• US Food Retailer Albertsons Uses IBM Food Trust Blockchain to Track Lettuce

  11-04-2019 17:16 via cointelegraph.com
  Albertsons joins Nestle and Walmart in using IBM’s blockchain-based Food Trust platform
  
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• Why Uber’s $100 Billion Valuation is Wildly Bullish for Lyft Stock

  11-04-2019 17:08
  Uber’s decision to value itself at $100 billion rocked Lyft stock on Wednesday, causing the embattled rideshare company’s shares to plunge as far as 10%. Contrary to the prevailing narrative, however, a strong Uber IPO would be wildly bullish for Lyft shares. Uber’s $100 Billion Valuation Is a Stupid Reason to Dump Lyft Stock Sell Lyft for whatever reason you like: the dual-class voting structure, the lack of a business model that makes money, or just because you’re an Ub
  
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• Speak Out: Predicting Bitcoin’s Price

  11-04-2019 17:00 via cointelegraph.com
  Share your predictions in comments and win our branded hoodie!
  
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• China considers phasing out cryptocurrency mining, following similar proposal in 2011 - The Block Crypto

  11-04-2019 17:00
  China considers phasing out cryptocurrency mining, following similar proposal in 2011  The Block CryptoChina's National Development and Reform Commission (NDRC) has drafted a list of industries it wants to phase out, and cryptocurrency mining is among them, ...
  
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• Binance Partners With CipherTrace in Latest Compliance Push

  11-04-2019 17:00
  Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.
  
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• This Crypto Surged 37% on Thursday, Nudged Korean Traders to Dump Bitcoin

  11-04-2019 16:53
  Price of Crypto.com Chain (CRO) on Thursday surged up to 37.33% ahead of the European market open. The CRO-to-dollar exchange rate established an intraday high towards $0.085, bringing its total jump since April 2 close to 100-percent. The CRO’s market capitalization surged from $197.54 million to as high as $401.46 million within the same time, accompanied by an overall bullish sentiment across the cryptocurrency index. As of 1105 UTC, the CRO price was trading at 0.074, down 17.56-percen
  
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• How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption - Bitcoin News

  11-04-2019 16:49
  How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption  Bitcoin NewsYou may not have noticed, but crypto's first killer app is already here. It's called the mobile browser. Until recently, mobile internet browsers were.
  
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• Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

  11-04-2019 16:37
  Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4.5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020. The proposed increase stemmed from expected demand following the launch of the Model Y SUV. Tesla stock fell more than 4% in pre-ma
  
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• Wikileaks’ Assange Conspired with Chelsea Manning to Hack Pentagon, Accuses U.S.

  11-04-2019 16:34
  WikiLeaks‘ Julianne Assange‘s days of holing up in an Ecuadorian embassy to avoid extradition have come to an end. In just a few hours, he’s been arrested and found guilty of a variety of charges. The most recent development was a  U.K. judge finding him guilty of breaking his bail conditions. JUST IN: Julian Assange found guilty of skipping bail by UK judge. He will be sentenced in Crown Court, where the maximum sentence is 12 months pic.twitter.com/LqQOMqaY97 — Reu
  
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• Craig S. Wright puts bounty on Hodlonaut’s head, bitcoiners become Hodlonaut

  11-04-2019 16:19
  In a strange twist of events which only proves that crypto is very much akin the Wild West, Craig S. Wright is offering $5000 worth of BSV to anyone who divulges information about Hodlonaut’s identity. This is part of the Australian businessman’s response to the entire Twitter campaign which aims to portray him as a fraud in relation to his claims of being Satoshi Nakamoto.
  Shortly after the Coingeek article got published, the Norwegian bitcoiner who started the #LNTrustChain moveme
  
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• $50 Million: Blockstack Files for 1st Ever SEC-Approved Crypto Token Sale

  11-04-2019 16:17
  Blockstack, a firm that’s working on offering a decentralized, tokenized computing network (to facilitate decentralized applications) has applied with the SEC to provide a $50 million token sale later this year. If approved, the company would be the first in the blockchain industry to use the SEC’s Regulation A+ framework. They are among the first to seek SEC approval before doing anything, although we heard earlier this week about a small private airline that received a tacit &ldquo
  
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• Exclusive: Digix co-founder explains how to build secure Decentralized Autonomous Organizations (DAOs)

  11-04-2019 16:00
  Digix, the developers of the “first asset-backed digital gold token,” revealed earlier this week that they’ll be introducing the DigixDAO platform, which is notably one of the first Singapore-based Decentralized Autonomous Organizations (DAOs).As of March 30th, 2019, DGD token holders have been able to vote on proposals related to the ongoing development of the Digix platform. In comments shared exclusively with Crypto Insider, Shaun Djie, Digix co-founder and COO, explain
  
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• Digital Asset Scores Partnership With Cloud Computing Giant VMware

  11-04-2019 16:00
  Software virtualization giant VMware is integrating Digital Asset's smart contract language into its blockchain platform.
  
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• Could Brexit propel bitcoin and cryptocurrency exchanges? - ShareCast

  11-04-2019 15:54
  Could Brexit propel bitcoin and cryptocurrency exchanges?  ShareCastBrexit is lingering on. British Prime Minister Theresa May has asked for another extension to the Brexit process and many businesses are saying the uncertainty ...
  
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