Cryptocurrency news

• What Russia’s ‘Digital Iron Curtain’ Means for Bitcoin Users

  12-04-2019 23:58
  The Russian Duma approved a bill that would enable the country to have a “Great Firewall” or “Iron Curtain” similar to what China has. The result of the law is that, whenever the government wants to, it can censor all incoming and outgoing traffic traveling through state-owned channels. ‘Sovereign’ Internet Just an Excuse for Heavy-Handed Censorship Privacy advocates have long warned about Russia’s alarming stance on internet regulation. The onerous inte
  
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• Bitcoin can now be used for insurance saving funds

  12-04-2019 23:44
  After 18 months of discussion, the final vote came on Thursday. It was on this historic day that the French Parliament decided to adopt the Pact Act, a dual provision which allows insurers to use Bitcoin for insurance saving funds.“This was not the primary goal of Pact, but insurers will actually be able to offer products based on crypto-assets. They will be able to do so through specialized funds,” confirmed LREM MEP and budget rapporteur Joel Giraud.The new framework, where ensuri
  
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• Binance Venture Arm Grants First Fellowship Round To 3 Blockchain Open Source Projects

  12-04-2019 23:44 via feedproxy.google.com
  
  Binance Labs, the venture arm of cryptocurrency exchange Binance, has granted US$15,000 to each of its first three open source Fellowship projects: Ironbelly, HOPR, and Kitsune Wallet. The three projects will join the Binance Labs Fellowship program, an initiative launched in March to support talented developers and researchers in creating free and open source blockchain […]
  The post Binance Venture Arm Grants First Fellowship Round To 3 Blockchain Open Source Projects appeared first on C
  
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• Former Coinbase Exec Appointed Head of Sales and Marketing at Fidelity

  12-04-2019 23:38 via cointelegraph.com
  Fidelity Digital Assets has appointed Christine Sandler, former head of institutional sales at Coinbase, as head of Sales and Marketing
  
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• France Passes Bill to Allow Insurance Providers to Invest in Crypto and Tokens

  12-04-2019 23:20 via cointelegraph.com
  French insurance providers can now invest in crypto, following a new bill passed by the National Assembly on Thursday
  
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• Weekly roundup April 8 – April 12

  12-04-2019 23:18
  Another wild week in crypto has passed, with bitcoin providing much of the entertainment. Headlines also included news on Facebook’s crypto asset, Peter Brandt’s BTC prediction and more. Catch up on the details!
  Bitcoin price dumps in correction
  Bitcoin remained exciting this week, as the asset jumped all the way up to near $5,500 before falling back to the $5,000 area at the time of Crypto Insider’s article.
  Price seemed to face resistance at the 300-day smoothed moving avera
  
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• Analyst: Bitcoin’s Evolving into the Stock Market Hedge Investors Crave

  12-04-2019 23:15
  Bitcoin is looking a lot less like the S&P 500 every day. Good thing, too, especially considering the doom-and-gloom pessimists have been peddling about the economy and especially corporate earnings. Bitcoin’s Stock Market Correlation Plunged This Month A Fundstrat report reveals that bitcoin’s correlation to the S&P 500 took a nose dive in April, even as the price of the leading cryptocurrency has returned to bullish territory. This means that the dynamic between bitcoin and
  
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• Study: Individual Crypto Assets Are Becoming Less Correlated With Entire Market

  12-04-2019 23:00 via newsbtc.com
  According to a study conducted by cryptocurrency market researchers at Hodlbot.io, individual digital currencies are less correlated with the wider market so far in 2019 than they were in 2018. This, according to the study’s authors, is good news for those investing in a wide selection of crypto assets.
  If it continues, the trend observed should be music to the ears of the likes of Vinny Lingham too, who has called for a decoupling of Bitcoin from the rest of the market before any serious
  
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• Crypto Star Luke Hemsworth Says He Isn't an Expert on Cryptocurrency - PEOPLE.com

  12-04-2019 22:18
  Crypto Star Luke Hemsworth Says He Isn't an Expert on Cryptocurrency  PEOPLE.comPEOPLE Now airs live, Monday through Friday, from the Meredith offices in New York City. Catch PEOPLE Now every weekday…
  
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• Blockchain Use in Finance Still Faces Major Challenges: Chinese Researcher

  12-04-2019 22:14 via cointelegraph.com
  The use of blockchain in the financial sector still faces major challenges, head of blockchain research at China’s government-backed research center says
  
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• Overwhelming Majority of Bitcoin and Crypto Investors Refuse to Report Taxes

  12-04-2019 22:00 via newsbtc.com
  As the tax deadline draws closer, crypto investors will need to review their losses and gains related to their Bitcoin and altcoin holdings, and determine if they are required to report them on their taxes.However, according to a recent Twitter poll, the vast majority of crypto investors are refusing to report their taxes, and are willing to risk stiff penalties should the Internal Revenue Service (IRS) discover the unreported earnings.Crypto Investors Say “No Chance” to Reporting Ta
  
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• Bitcoin Trader Claims Funds Misdirected – Crypto Exchange Screams ‘Scammer!’

  12-04-2019 21:49
  CCN previously reported on a disturbing discovery by a security researcher who had a problem with Sistemkoin exchange. He found that he was able to spy on other people’s support tickets, and more to the point that most of the support tickets were related to withdrawal troubles. CCN didn’t hear back about that story at the time, but you can see Sistemkoin’s comments near the end of this article. User Claims Funds Were Sent to Completely Wrong Address Sistemkoin is a medium-sized
  
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• Binance Labs Grants $45,000 to Three Open-Source Projects

  12-04-2019 21:34 via cointelegraph.com
  Binance Labs has contributed $15,000 to each of its first three open-source Fellowship projects
  
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• Bitcoin Donations Pour in for Wikileaks After Disturbing Assange Arrest

  12-04-2019 21:25
  Bitcoin donations are pouring in for Wikileaks founder Julian Assange, who was arrested April 11 in London pursuant to an extradition agreement with the United States. Donations started to spike after the official Wikileaks account posted a tweet yesterday, soliciting contributions to Assange’s legal defense fund. That tweet has since been deleted. Bitcoin Donations Top $34,000 In the past 24 hours, the Wikileaks bitcoin wallet address has logged 314 transactions. Contributions now top 6.7
  
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• Dow’s Massive Surge Exposes Wall Street’s Staggering Gullibility

  12-04-2019 21:06
  The Dow and broader U.S. stock market edged closer to record highs on Friday after two of America’s biggest banks reported better than anticipated corporate results, proving once again that you can fool investors by setting expectations low enough. Dow Surges While S&P 500 Clears 2,900 All of Wall Street’s major indexes reported gains Friday, reflecting a solid pre-market session for Dow futures. The Dow Jones Industrial Average surged 269.25 points, or 1%, to close at 26,412.30.
  
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• Despite Money Tap Dent, Ripple (XRP) Buy Wave is Strong

  12-04-2019 21:00 via newsbtc.com
  Ripple prices up, reacting from 32 cents
  Money Tap blow, Resona Bank discontinue participationResona Bank is pulling out of Money Tap initiatives, a project fronted by SBI Group. All the same, prices are stable above 32 cents, reversing from Apr-2 lows and with increasing momentum, may close above 34 cents as bulls shore prices.
  Ripple Price Analysis
  Fundamentals
  At core, Ripple is a network that seeks to provide banks with an alternative messaging and settlement system that is fast, secure and
  
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• Binance CEO Changpeng Zhao Considers Delisting BSV Because of Founder’s Behavior

  12-04-2019 20:58 via cointelegraph.com
  Bitcoin Satoshi Vision will be delisted from Binance if its creator does not change his conduct, warns the exchange’s CEO Changpeng Zhao
  
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• Lightning Torch Reaches Final Destination, Over 0.4 BTC Donated to Humanitarian Aid

  12-04-2019 20:45 via cointelegraph.com
  All the funds accumulated via the Lightning Torch relay have been donated to humanitarian aid-focused organization Bitcoin Venezuela
  
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• Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 12

  12-04-2019 20:25 via cointelegraph.com
  After the recent spell of profit booking, where are major coins heading in the short term? Let’s find out
  
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• Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

  12-04-2019 20:20
  Ethereum core developers are discussing the possibility of executing more frequent hard forks as the software aims to offer new features.
  
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• Tim Draper to Meet with Facebook to Discuss Investing in Rumored FB Coin

  12-04-2019 20:18 via cointelegraph.com
  Bitcoin bull Tim Draper reportedly plans to meet with Facebook to discuss investing in the social media’s unconfirmed crypto project
  
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• What are The Most Secure and Reliable Cryptocurrency Wallets (2019)? - Wallet - Altcoin Buzz

  12-04-2019 20:01
  What are The Most Secure and Reliable Cryptocurrency Wallets (2019)? - Wallet  Altcoin BuzzCryptocurrencies have gained traction for over a decade in the financial market. There are amazing opportunities for people to invest and gain value over a ...
  
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• 5th-Largest Japanese Bank Abruptly Ditches Ripple Trial

  12-04-2019 20:01
  Ripple, the blockchain-based payment network, suffered a setback after Japan’s Resona Bank said it would no longer use MoneyTap, a consumer-centric retail payments app that uses Ripple’s enterprise blockchain technology. Resona – Japan’s fifth-largest financial institution – did not provide a reason for the abrupt cancellation, which makes it the first Japanese bank to quit the MoneyTap project. It’s unclear if others will follow. Withdrawal Comes 6 Months Aft
  
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• No, Courts Cannot Force Changes, Ethereum (ETH) Bullish Above $170

  12-04-2019 20:00 via newsbtc.com
  Ethereum prices up but bears may stage a comeback
  Decentralization effectively neutralizes threatsJimmy Song, a Bitcoin supporter, asked a question on matters touching decentralization and Vitalik answered him correctly. In a system with no attack vectors that to complete distribution, the will of the people wins. It may be why most projects launch their dApps from Ethereum (ETH) driving demand and prices.
  Ethereum Price Analysis
  Fundamentals
  Competition may be heating up. All the same, Ethereu
  
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• Japan: Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

  12-04-2019 19:59 via cointelegraph.com
  Japan’s Resona Bank officially announced it will withdraw from Ripple-based blockchain payment project MoneyTap on May 13
  
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• These 5 Stocks Catalyzed Friday’s Monster Dow Rally

  12-04-2019 19:19
  The Dow Jones Industrial Average assembled a monster rally on Friday, surging 250 points to place the index within striking distance of its all-time high. Astonishingly, the DJIA managed this feat even as major index component Chevron tanked on reports that it would acquire Anadarko Petroleum in a blockbuster $33 billion deal. As the index scrambles to reverse what had otherwise been a dismal week for the US market bellwether, five key stocks – Disney, JPMorgan, Dow Inc, Goldman Sachs, and
  
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• Why Cryptocurrency Is Gaining in Philippines Despite 2018 Bitcoin Crash - VOA News

  12-04-2019 19:04
  Why Cryptocurrency Is Gaining in Philippines Despite 2018 Bitcoin Crash  VOA NewsRegulators in the Philippines have approved at least 29 exchanges of virtual currency, which is used to raise capital and as a bank-free payment method.
  
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• Bitcoin (BTC) Analysts Split but Indicators Pointing at “Buy”

  12-04-2019 19:00 via newsbtc.com
  Bitcoin prices stable above $5,000
  Tyler Jenks of Lucid Investments thinks prices will drop towards $4,200 and even $1,000Fundstrat’s Bitcoin Misery Index is at around three-year-highs meaning investors are loosening their money purses. Whether that will spur demand, driving Bitcoin (BTC) prices above $6,000 will largely depend on how prices react at $4,800 and $5,500.
  Bitcoin Price Analysis
  Fundamentals
  In a space brimming with FUD, scares, and hype, traders ought to be pragmatic and lev
  
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• Ethereum’s Vitalik Buterin Becomes Parody of Himself in Bizarre Crypto Rap

  12-04-2019 18:50
  At the Community Ethereum Development Conference (EDCON 2019) in Sydney, Australia, Vitalik Buterin set an interesting precedent for prominent crypto developers: he got on stage and rapped about Ethereum scaling. Vitalik Buterin: Crypto’s Next Rap Genius? In case you’re wondering, this isn’t a punishingly delayed April Fools’ joke.  Here’s the proof: Buterin’s rap debut starts: “Proof-of-stake is hard, but one thing I do know is when weand shard, we
  
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• 2500x Returns:This [Regulated?] Crypto Token Awaits a Staggering Yield

  12-04-2019 17:58
  Blockstack, which has filed with the U.S. Securities and Exchange Commission (SEC) to potentially become the first registered crypto token offering, has revealed some of the details of its planned steps in its regulated token sale. If approved by the SEC, Stacks token will be sold in three different categories: 215 million tokens will be sold at a rate of $0.12 per token to token voucher holders; 40 million tokens will be sold to accredited investors putting in $5 million or more at a rate of $0
  
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• Amazon’s $15/hr Wage Won’t Help Workers Replaced by Robot Army

  12-04-2019 17:18
  Billionaire Jeff Bezos bragged that Amazon pays its employees a minimum wage of $15 per hour and challenged its competitors to follow suit. Ironically, though, the e-commerce giant just acquired a robotics startup whose machines could one day send many of those employees to the unemployment line. Robots Are Taking Over Amazon Warehouse Jobs Amazon’s purchase of Canvas Technology for an undisclosed sum will allow it to reduce the manpower required at its fulfillment centers. TechCrunch repo
  
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• Tom Lee’s Bitcoin Misery Index Hits Highest Value Since 2016 in Possible Bull Signal

  12-04-2019 17:13 via cointelegraph.com
  Fundstrat’s Thomas Lee revealed that his “Bitcoin Misery Index” has recently hit its highest figure since June 2016, in what he suggests could be a good or a bad sign
  
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• Bitcoin Holding $4,600 Could See Bears Finally Bite The Dust

  12-04-2019 17:00 via newsbtc.com
  After nearly 10 days of almost non-stop bullish price action, Bitcoin (BTC) finally slammed down on the brakes on Thursday. The cryptocurrency fell from its $5,450 high to a weekly low of $4,950 in a few hours’ time.
  While this 10% move lower caught many traders with their pants down, leaving some star-struck, analysts have reminded investors to keep their heads on a swivel. Financial Survivalism, for instance, claims that it is “time to pay very close attention” to Bitcoin, as
  
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• Binance CEO CZ: Whether It’s an ICO or an IEO, Regulatory Compliance Is Still an Issue

  12-04-2019 16:53 via cointelegraph.com
  CEO and founder of Binance CZ has emphasized that crypto exchange-hosted token offerings are no less subject to regulatory hurdles than their decentralized ICO predecessors
  
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• Binance Labs Grants $45,000 to 3 Open-Source Blockchain Startups

  12-04-2019 16:30
  Binance Labs has awarded grants of $15,000 each to three startups developing open-source blockchain technologies.
  
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• San Francisco VC Turns $9 Million into Eye-Popping $6.9 Billion in Uber IPO Jackpot

  12-04-2019 16:27
  According to WSJ tech editor Scott Austin, Benchmark, a San Francisco-based venture capital firm, invested $9 million in Uber’s Series A round in 2011. At the proposed IPO price of $55 a share, the $9 million investment would soon be valued at $6.9 billion. The $6.9 billion figure excludes Benchmark’s sale of its $900 million worth of Uber stock to SoftBank, which paid more than $7.7 billion last year for its share of Uber. Where Does Benchmark’s Uber Investment Rank in All-Tim
  
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• Facebook, Twitter and Telegram: A New Crypto Paradigm or a Glorified Voucher Program?

  12-04-2019 16:14 via cointelegraph.com
  How cryptocurrencies from Telegram to Facebook could drive crypto adoption and change the finance industry
  
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• Coinbase Loses 3 Senior Executives in 6 Months as Dan Romero Quits Position

  12-04-2019 16:07 via cointelegraph.com
  After working at Coinbase since 2015, exec Dan Romero is quitting his post
  
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• Enjin is Creating a Real-Life Ready Player One, and It’s Powered by Blockchain

  12-04-2019 16:06
  Enjin has launched blockchain asset support for EnjinX, the world’s fastest Ethereum explorer, providing a universal library of next-generation ERC-1155 blockchain assets and supporting the creation of a decentralized, interconnected gaming experience like the 2018 box office hit Ready Player One. 11 April 2019, SINGAPORE —  Enjin has announced the launch of blockchain asset support to EnjinX, the world’s fastest Ethereum explorer. The highly-anticipated update includes fu
  
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• Exclusive: Polymath Network founder compares STOs and ICOs

  12-04-2019 16:00
  Trevor Koverko, the founder of the Polymath Network, a decentralized protocol for raising capital and creating security tokens, has explained what the limitations are of Ethereum’s ERC-20 compliant tokens.
  According to Polymath Network’s Crunchbase profile, the protocol’s developers have launched the Security Token Standard, ERC-1400, which “embeds regulatory requirements into the tokens themselves.” This allows the protocol to “restrict trading to verified p
  
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• Bitcoin Misery Index Reaches 2016 High: Is a Price Crash Imminent?

  12-04-2019 16:00 via newsbtc.com
  Thomas Lee, the co-founder of Fundstrat Global Advisors, has tweeted that the Bitcoin Misery Index (BMI) is at 89. Developed by Lee as a trading tool for investors, the current BMI value signifies a “happy” sentiment in the markets. However, according to Lee, BMI measures above 67 see a sell-off, triggering a drop in Bitcoin price. With this in mind, is a price crash imminent?The Bitcoin Misery Index reached 89 on 4/2. Highest reading since June 2016. Means good and bad.
  Good–&
  
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• Coinbase launches cryptocurrency debit card - TechRadar

  12-04-2019 15:58
  Coinbase launches cryptocurrency debit card  TechRadarNew Visa card allows users to spend cryptocurrency in-store and online.
  
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• Crypto Exchange Emphasizes Privacy by Offering Coin Conversions Without an Account

  12-04-2019 15:53 via cointelegraph.com
  A crypto exchange says its rivals ask for too many personal details and has launched a service where users can exchange coins without opening an account #SPONSORED
  
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• Decentralized Artificial Intelligence Hosted by Blockchain to Improve Healthcare

  12-04-2019 15:48
  Slovak startup Hilbi follows latest trends in healthcare and health management by implementing a tailored solution based on artificial intelligence. It is hosted by a fully decentralized and transparent environment – its own blockchain. The startup was officially introduced at the international conference Future of Health Summit 2019 in Bratislava – the largest and most interactive European meeting for industry professionals focusing on innovations which disrupt the industry. Hilbi h
  
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• Coinbase Exec Dan Romero Leaving Crypto Exchange After 5 Years

  12-04-2019 15:35
  Cryptocurrency exchange Coinbase is losing another executive – this time its vice president for international business, Dan Romero.
  
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• BORA Blockchain Ecosystem Obtains First Technology Patents

  12-04-2019 15:35
  Spring is upon us and the BORA team is working hard to finalize services ahead of the official launch of their platform. Today, we will take a closer look at BORA’s patented technologies. One of the strengths of the BORA team is their technological prowess. As creators of a blockchain-based digital content platform, BORA’s development team consists of IT experts who speciliaze in platform and service development as well as infrastructure deployment and operations. The BORA team is co
  
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• 5 Reasons Why $6.99 a month Disney+ is no Netflix-killer

  12-04-2019 15:28
  With the announcement that its streaming service Disney+ will launch in Fall, Walt Disney’s CEO Bob Iger clarified that ‘we’re starting from a position of strength, confidence and unbridled optimism’. To some, this may be an intimidating choice of words but will Netflix just roll over and take it? Sorry to disappoint you but this is not in the streaming giant’s DNA! Here is why Disney+ is no Netflix-slayer. Netflix’s Culture of Resilience Netflix’s histo
  
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• OKEx’s C2C Platform Adds EUR, TRY and RUB Market

  12-04-2019 15:27
  The exchange is diversifying its services to capture a wider crypto market.
  
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• Dow Blasts Higher as Bullish Earnings Stun Stock Market

  12-04-2019 15:22
  After a week most bulls would love to forget, the Dow finally looks ready to shake off its slump. The trigger? A cocktail of bullish earnings, a streaming price war, and wildly positive economic data out of China. Dow Surges More Than 250 Points By 9:57 am ET, the Dow Jones Industrial Average had surged by 264.51 points or 1.01 percent, launching the index to 26,407.56. The S&P 500 punched through 2,900 following a 0.68 percent pop, and the Nasdaq inched closer to 8,000 with a 0.45 percent g
  
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• Bitcoin Consumed as Much Energy as US Drivers in 3 Days Since 2009

  12-04-2019 15:18 via newsbtc.com
  Data assessed by Coin Metrics shows that bitcoin miners consumed as much energy as what US drivers do in three days.
  The Massachusetts-based crypto data analysis firm measured the total amount of hashes processed by the bitcoin network through S9 mining machines. The calculations revealed that it took miners 1.75e17 joules (or 1.75 x 1017 watts per second) to confirm and add blocks to the bitcoin blockchain since 2009. That roughly equaled 4.2 million tons of oil, a one-third of which the U
  
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