There has long been a belief amongst cryptocurrency investors that the entrance of institutional capital into the nascent crypto markets would be the event that triggers the next bull market, as institutions have access to investment capital that far exceeds that of a cumulative group of individual investors.
A recent report from Binance Research – the market analysis arm of the world’s most popular cryptocurrency exchange, Binance – explained that an estimated 7% of all crypto
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Binance Research Report Claims That Less Than 7% of Crypto is Owned by Institutions
via newsbtc.com -
New ForgingBlock Payment Gateway Software for Transactions with Cryptocurrency - Bitcoin Exchange Guide
New ForgingBlock Payment Gateway Software for Transactions with Cryptocurrency Bitcoin Exchange GuideForgingBlock, which provides credit card based payment solutions, has confirmed the launch of a cryptocurrency based payment-gateway. It would also support ... -
Uber IPO: Cryptocurrency Will Be a 'Huge Beneficiary' - Bitcoinist
Uber IPO: Cryptocurrency Will Be a 'Huge Beneficiary' BitcoinistUber Technologies Inc. expects a valuation of about USD 100 billion when listed on the New York Stock Exchange. Large IPOs such as Uber's and others could ... -
IMF Launches Private Blockchain-Based ‘Crypto’ After Bashing Bitcoin
via newsbtc.comPrivate blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.” And over the past year or longer, technology heavyweight IBM has built an array of ‘decentralized’ ledgers for corporations with Stellar’s technology.
The International Monetary Fund (IMF) and the World Bank are purportedly joining the bandwagon with a newfangled venture. Th -
NYSE-Backed Bitcoin Exchange Snags PayPal & Google Veteran
The first quarter has come and gone, and there’s still no Bakkt. Nonetheless, the regulated exchange for bitcoin futures contracts, whose backers include NYSE-owned Intercontinental Exchange (ICE) and Microsoft, is boldly building out its team. Most recently, they’ve added PayPal and Google alum Mike Blandina as the chief product officer to round out the C-suite. Problem is, there’s no bitcoin futures product to speak of. Nonetheless, it’s another sign of legacy tech tale -
Bitcoin (BTC) Still on Track to Form Golden Cross Pattern Despite Recent Drop
via newsbtc.comThe crypto markets have been able to halt their downwards descent, finding relatively strong levels of support slightly below their current price levels. Bitcoin (BTC) – which recently dropped into the $4,900 region after quickly advancing to $5,400 – has established its recent lows as a region of support and has since been able to tepidly advance higher.
Despite this recent drop, Bitcoin is still on track to form the coveted golden cross technical formation, which has preceded massi -
Fox News Addict Donald Trump Hilariously Touts FALSE Approval Rating
U.S. President Donald Trump once again made a false claim on Twitter, this time reposting an erroneous Fox News graphic boasting that his approval rating had jumped to 55 percent. Trump Thinks Approval Rating is Actually 55% In fact, the Battleground Poll, conducted by the Georgetown University Politics and Public Service Institute, put Trump’s overall approval rating at just 43 percent, with 55 percent of respondents expressing disapproval. Perhaps fooled by the color of the disapproval b -
Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC
Bitcoin futures on CME reported an overall decrease in institutional investment last week, according to the CFTC -
Romanian Cybercriminals and Crypto-mining – IMF Bullish about Cryptocurrency with Learning Coin - The Cryptocurrency Analytics
Romanian Cybercriminals and Crypto-mining – IMF Bullish about Cryptocurrency with Learning Coin The Cryptocurrency AnalyticsOver 400000 computers were infected by the duo Romanian cybercriminals who have been guilty of using malware for crypto mining. -
Ethereum Core Developers Consider More Frequent and Smaller Hard Forks
Smaller and more frequent hard forks are being considered by Ethereum core developers, according to a recent dev call -
Lessons From the 2017 and 2018 Cryptocurrency Market Cycles - Crypto Insider
Lessons From the 2017 and 2018 Cryptocurrency Market Cycles Crypto InsiderThe 2017 entrants in the cryptocurrency industry have now experienced two market cycles. This group of community members is now more experienced and ... -
Lessons From the 2017 and 2018 Cryptocurrency Market Cycles
The 2017 entrants in the cryptocurrency industry have now experienced both the immediate bull market and the subsequent downtrend of 2018. As a result, this group of community members is now more experienced and knowledgeable about the general affairs which concern crypto. This may have a positive effect on the entire industry, since participants are likely to make better decisions.
The Great Cryptocurrency Bull Market of 2017
The great bull market of 2017 was the first to receive mass media at -
Crypto Tidbits: Harvard Goes Crypto, China Bitcoin Mining ‘Ban’, Bakkt Nears
via newsbtc.comAnother week, another round of Crypto Tidbits. While the Bitcoin price actually stagnated over the past week, falling from $5,450 to $5,000, the underlying industry was as active as ever. Over the past seven days, Harvard formally invested in a crypto asset (not just an industry project), Bakkt moved closer to launch with a key hire, and more news was released regarding Facebook’s blockchain division.
Related Reading: Crypto Tidbits: Bitcoin Passes $5,000, SEC Doubles-Down On Crypto, Binan -
Bitcoin (BTC) Sentiment is Bullish But is $98 Million Even Possible?
via newsbtc.comBitcoin prices trading above $5,000 as bulls reject lower lows
A Bitcoin holder projects BTC to hit $98 million in 20 yearsAlthough prices are down, sliding from $5,500 after peaking mid this week, candlesticks, as well as fundamental factors, favor Bitcoin (BTC) bulls. One Twitter user projects BTC to hit $98 million in two decades.
Bitcoin Price Analysis
Fundamentals
For speculators, everything is about price. Pricing dominate and with fluctuating crypto assets, traders have a home in crypto. -
2019 Tax Deadline: File Your Bitcoin Tax Return – or Else
It’s tax season, so sharpen your pencils for the annual ritual of labyrinthian-maze running through the IRS’s nearly 1,000 forms. “Nothing can be said to be certain, except death and taxes,” said Benjamin Franklin. But one thing is certain: The Internal Revenue Service is worse than death. Call it paper-boarding — call it a crime against human sanity. To avoid the late-filing penalty be sure to file an #IRS return or request an extension, even if you can’t pay -
Is Ripple (XRP) Underpriced Because Remittance is in Demand?
via newsbtc.comRipple prices sliding, down 10.3 percent
Remittance services in demand
Resona Bank may have disassociated themselves with RippleNet and Money Tap, but the need for remittance service is big, Ripple Inc official has revealed. With Ripple as one of the leading firms offering innovative solutions, XRP may be underpriced.
Ripple Price Analysis
Fundamentals
That the “dreaded” and unrelenting members of the so-called XRPArmy are a tireless lot is true. Concrete research findings reveal th -
Wikileaks’ Cryptocurrency Donations Surge After Julian Assange’s Sudden Arrest - BeInCrypto
Wikileaks’ Cryptocurrency Donations Surge After Julian Assange’s Sudden Arrest BeInCryptoWikiLeaks has reportedly received 6.65 bitcoins, worth over $33,000, since its leader, Julian Assange, was arrested at the Ecuadorian embassy in London on ... -
Binance Research Claims Cryptocurrency Bear Market May Be Over in New Report - BeInCrypto
Binance Research Claims Cryptocurrency Bear Market May Be Over in New Report BeInCryptoBinance Research has just concluded that the cryptocurrency market has already bottomed out and the bear market is supposedly over. -
Bitcoin Hovers Near $5,100 as Top Cryptos See Slight Losses
Bitcoin hovers near the $5,100 mark as most of the top 20 cryptocurrencies are reporting slight to moderate losses -
Disney Stock Surges With ‘Not-A-Netflix-Killer’ Pricing Reveal
A few household names dominate streaming: Amazon, Hulu, and Netflix are among the industry leaders. Disney has decided that a 60 percent ownership share in Hulu isn’t enough, so they’ve launched a Disney streaming service called “Disney+.” Disney has earned more than $35 billion at the Box Office for movies produced over the last 12 years. Meanwhile, Netflix paid $100 million to AT&T, TimeWarner for one year of exclusive rights to stream “Friends” in Decem -
Crypto Market Could Bounce Back: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis
via newsbtc.comThe total crypto market cap is currently above the key $158.0B support area.
Litecoin (LTC) price declined below the $80.00 support, but it could find support near $75.00.
Bitcoin cash price is facing a strong resistance near the $280 and $285 levels.
EOS price is still consolidating above the $5.20 support area.
Stellar (XLM) price is slowly moving lower towards the key $0.1100 support area.The crypto market could bounce back since bitcoin (BTC) and Ethereum (ETH) are holding key supports. The -
Bitcoin SV Miners Saw Gross Losses of $2.2 Million Since Fork: BitMEX
The estimated accumulated gross losses of Bitcoin SV miners amount to $2.2 million, says BitMEX report -
FSA-Approved Bitcoin Exchange Set to Go Live in Japan
via newsbtc.comA new bitcoin exchange in Japan is set to go live on April 16 this year.
Decurret Inc. in March obtained a license from Japan’s Financial Services Agency (FSA) to offer cryptocurrency-enabled spot trading services. The Tokyo-based firm confirmed that it was planning to list Bitcoin (BTC), as well as Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) at the time of launch. It will further list Ethereum (ETH) this summer.“As a registered service provider, DeCurret will launch sp -
Bitcoin Back Above $5,000: Why Traders Lean Toward Optimism This Weekend
In the past 24 hours, the bitcoin price has remained relatively stable at $5,000, at one point briefly surpassing $5,100 following a rebound from $4,900. On April 12, bitcoin experienced an 8 percent fall from over $5,400 to around $4,950 in most major crypto markets, demonstrating a relatively large retracement. However, the 8 percent correction in the price of bitcoin comes after a strong 28.5 percent rally from $4,200 to $5,400, which many analysts including Alex Krüger have said pu -
Block.one releases Ricardian Contracts for EOS
Block.one, a Cayman Islands-registered open-source software publishing firm that raised a record-setting amount of $4 billion through its fundraising rounds of 2017 and 2018, has stated that a “critical component of user security is preventing phishing attacks or bait and switch attacks which trick users into agreeing to something that isn’t actually going to happen as a result of their agreement.”
Indeed, phishing attacks have led to huge financial losses for users, as they&r -
Building your cryptocurrency portfolio? Here’s five must read guides! - Yahoo Finance UK
Building your cryptocurrency portfolio? Here’s five must read guides! Yahoo Finance UKWhether you're new to the space or you've been building your cryptocurrency portfolio for a while, it's always crucial to keep up-to-date with the latest insights ... -
Fed Too Dovish for Red Hot U.S. Economy, Claims Economist
The Fed just can’t seem to strike the right chord in the current economy. Economist Mohamed El-Erian, who was reportedly considered for a Federal Reserve spot, has a bone to pick with central bankers. In just three short months, the Fed has done an about-face on the strength of the economy, giving investors around the world whiplash. Allianz’s chief economic advisor believes that the pendulum has swung too far in the direction of a cooling economy after previously swinging too far th -
Crypto Bigwigs Call to Boycott Bitcoin SV amid Lawsuit Controversy
via newsbtc.comLeading figures in the cryptocurrency industry have called to boycott Bitcoin SV, a blockchain project created by Dr. Craig S Wright.
Crypto celebrities, including Morgan Creek’s co-founder Anthony Pompliano and celebrated bitcoin activist Charlie Shrem, requested exchanges to delist Bitcoin SV’s native token BSV. In his tweet published April 13, Shrem called Bitcoin SV a “scam,” and Dr. Wright “scammer,” hinting that the project deserved to die.
“I&rsqu -
US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
Two alleged Romanian hackers have been convicted by a U.S. federal jury of spreading malware to illicitly mine cryptocurrency -
Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition
Bitcoin Press Release: Derivatives Exchange Bybit has officially started its first Trading Competition on Twitter. The competition will run from April 8th to May 6th, 2019. April 11, 2019, Singapore – Singapore-based global derivatives exchange Bybit has launched a new Trading Competition for users to match their skills against one another in the hunt for over $6,000 in total prize money. The trading competition will see participants demonstrate their trading -
Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019
Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. Japan Times reports that Group President, Mike Kanetsugu revealed this week that the firm intends to rollout Coin before the end of 2019. According to Kanetsugu, MUFJ will lean on businesses including retail outlets and restaurants to adopt Coin, with the intention of achieving wider adop -
CoinSwitch’s All-In-One Approach Is a Sign of Maturity in Cryptocurrency Services - newsBTC
CoinSwitch’s All-In-One Approach Is a Sign of Maturity in Cryptocurrency Services newsBTCPopular cryptocurrency exchanges are reporting a surge in recent activity as the market seems to be waking up. The price of Bitcoin jumped from $3917 to. -
The Creator of the Web Signed Up for Blockstack – And ‘Shit Got Real’
What happens when one of the founders of the internet signs up for your blockchain? Blockstack CEO Muneeb Ali tells his story. -
The Creator of the Internet Signed Up for Blockstack – And ‘Shit Got Real’
What happens when one of the founders of the internet signs up for your blockchain? Blockstack CEO Muneeb Ali tells his story. -
BitDeer.com Antminer S17 Mining Plans Now on Sale
Singapore – BitDeer.com, the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners. BitDeer’s S17 plans support BTC/BCH mining, and will be offered in 120-day, 180-day, 240-day, and 360-day durations. Users can now purchase the presale S17 plans on BitDeer.com. Unveiled by Chinese mining giant Bitmain on March 29, the Antminer S17 series miners will be powered by the new and improved 2n -
The Upside of Bitcoin’s Upside (It’s Not What You Think)
While price appreciation is always good for an asset class, in the case of cryptocurrencies the benefits go way beyond profit. -
American Lawmakers to the IRS: Get Your Act Together on Cryptocurrency - Blockonomi
American Lawmakers to the IRS: Get Your Act Together on Cryptocurrency BlockonomiThe United States' Internal Revenue *Service* has still not clarified their stance on how cryptos should be taxed. -
Facebook Crypto Expedition Tempts Billionaire Bitcoin Bull Draper
Billionaire venture capitalist Tim Draper is one of the few people who could make Facebook likable again. Turns out Facebook crypto could be added to the impressive list of companies Draper’s backed. Draper, whose winning bets have included bitcoin and Skype, to name a couple, plans to meet with Mark Zuckerberg’s team to explore Facebook’s plans for a $1 billion fundraising. The funds would reportedly be used to back the social media giant’s own cryptocurrency. Draper tol -
Elon Musk’s Safe Word? Cryptocurrency. - SludgeFeed
Elon Musk’s Safe Word? Cryptocurrency. SludgeFeedThe billionaire continues to engage with Crypto Twitter. -
Crypto Market Wrap: Bitcoin Cash Surges to Retake Fourth Spot
via newsbtc.comCrypto markets back in the green; Bitcoin Cash leading the charge with BNB and ONT close behind.
Market Wrap
The news for the weekend is good – there has been no massive dump and yesterday’s pullback was just that as crypto markets recover again today. Markets are moving back up again today as total capitalization gets back to $175 billion and Bitcoin refuses to break support.
BTC falling back below $5,000 yesterday set alarm bells ringing throughout the crypto community as fears of -
Bitcoin (BTC) Price Signaling Bullish Continuation With Bulls In Control
via newsbtc.comBitcoin price corrected lower recently and tested the $4,920 support area against the US Dollar.
The price recovered nicely recently and traded above the $5,040 and $5,100 resistance levels.
There is a major breakout pattern in place with resistance at $5,130 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to accelerate higher and it could even surpass the $5,180 and $5,220 resistances.Bitcoin price likely completed a downside correction near $4,900 against t -
VR Firm Magic Leap Seeks Blockchain Engineers for User Data
Major virtual reality startup Magic Leap is seeking blockchain engineers for its aggregation of user data -
Don’t feed the troll: Craig Wright and the Hodlonaut story
Could we stop glorifying Craig Wright and instrumentalizing Hodlonaut for our personal interests?
In the midst of the Hodlonaut solidarity movement, asking to get sued by Calvin Ayre and Craig Wright seems to be the latest marketing strategy to get exposure. In the last 48 hours we’ve seen certain crypto influencers promote events, podcasts, and companies, by instrumentalizing the Hodlonaut cause against now-famous Craig Wright – whom some detractors call Fake Satoshi or “Fake -
Crypto Wallet Ledger To Lay Off 10% of Workforce Following Product Issues
via newsbtc.comThe crypto bear market hasn’t been kind to many blockchain or crypto-focused businesses and companies, who have been forced to revisit their strategies, lay off employees, or even close up shop due to lack of funding or interest.
The latest victim of waning interest in the crypto sphere, is hardware wallet manufacturer Ledger, who is reportedly laying off as much as 10% of their workforce. But is the layoff due to the bear market, or have some business-related blunders caused the tech firm -
Analyst: Ethereum (ETH) Likely to Surge to 200 Despite Recent Downwards Pressure
via newsbtc.comAlthough the crypto markets have lost the upwards momentum that they incurred over the past few weeks that sent Ethereum (ETH) and other cryptocurrencies skyrocketing, the markets have been able to find some buying pressure at their current levels that has prevented them from dipping lower.
Analysts now believe that Ethereum may be mustering up more buying pressure that will allow it to surge towards $200 in the near-future.
Ethereum (ETH) Finds Stability Above $160
At the time of writing, Ether -
Silk Road 2 Founder Sentenced 2 Five Years For Child Porn and Drugs
Silk Road 2 and Silk Road Reloaded launched shortly after Ross Ulbricht was arrested and the Silk Road, the first and largest darknet marketplace, was taken down. The drama that would unfold surrounding the case of Ulbricht would overshadow the existence of flourishing alternative markets, many of which did not have the same scruples as the Silk Road. For example, on the Silk Road, it was against the rules to traffic in child pornography. Silk Road 2 did not have such a law, and many later marke -
Pakistan Adopts Crypto Regulations, Plans Launch of Cryptocurrency by 2025
via crypto-news.netSo far, Pakistan’s stance towards digital currencies has been quite harsh, granted that the country’s national bank and government often warned businesses, individuals, fintech firms, and banks to abstain from processing crypto-based payments, and offering digital currency-related services.
Pakistan adopts new crypto regulation,
following FATF recommendations
However,
things are slowly changing. Since digital currencies can also be used for
illegal purposes, Pakistan’s Financia -
Familiar Bitcoin Scam Defrauds Dutch Investors of $1.9 Million and Counting
via newsbtc.comA Bitcoin scam that has been tried many times over the last few years appears to be having a lot of success in the Netherlands. It has so far, it is believed to have racked up at least $1.92 million since the start of 2018.
The premise is simple. Create a legitimate looking crypto investment platform website, claim huge returns on investments, and advertise it will a celebrity’s image. Easy.
Bitcoin and Celebrities Used to Line Scammers’ Pockets
There have been loads of examples of t -
Jussie Smollett: Arrogance Made ‘Empire’ Star Chicago’s Public Enemy No. 1
Actors are often done in by their egos, and in the case of Jussie Smollett, a few moments of arrogance could cost him a lot more than the $130,000 Chicago was demanding last week. The city, led by former Barack Obama advisor and now-Mayor Rahm Emanuel, sued the “Empire” actor following his refusal to pay back the $130,000 lawmakers initially requested following overtime hours spent investigating his case. Officials claim that Smollett filed a phony police report on January 29 after h -
Bitcoin Fear Index Signals that BTC is Likely to Surge Higher in Coming Days
via newsbtc.comThe age-old trader’s adage of selling when people are greedy and buying when people are fearful has proven to be empirically accurate, and the same credo applies to Bitcoin (BTC) and the general crypto markets, as upwards price surges typically come about when market participants grow increasingly weary of the market conditions.
Now, Bitcoin’s fear index is signaling that traders are more afraid of an imminent pullback at BTC’s current price levels than during the asset’s
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