Cryptocurrency news

• Analyst: Bitcoin (BTC) Likely to Drop Towards 4,600 Before Surging to 6,800

  20-04-2019 23:30 via newsbtc.com
  Bitcoin has been able to continue its slow upwards ascent and is now tepidly advancing towards $5,400, which has historically proven to be a strong level of resistance that BTC has failed to break decisively above since it first began surging earlier this month.
  Now, one prominent crypto analyst believes that Bitcoin’s fractal patterns may signal that it will drop towards $4,600 before incurring significant buying pressure that will send it surging up towards $6,800.
  Bitcoin (BTC) Slowly A
  
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• Samsung-Backed Startup Blocko Launches Hybrid Blockchain Aergo Enterprise

  20-04-2019 23:28 via feedproxy.google.com
  
  Blocko, a South Korean startup backed by Samsung, has launched its hybrid blockchain Aergo Enterprise and initiated a migration program for clients using its private blockchain product Coinstack, which the company will officially be retiring, it said in a release earlier this week. Aergo Enterprise focuses on providing greater levels of security, scalability and performance, […]
  The post Samsung-Backed Startup Blocko Launches Hybrid Blockchain Aergo Enterprise appeared first on Coinjourna
  
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• Australia Grants A$170K To Crypto SA To Launch Country’s First Blockchain Incubator

  20-04-2019 23:28 via feedproxy.google.com
  
  The Australian government has awarded A$170,000 to blockchain advisory firm Crypto SA to open the country’s first blockchain incubator, reports the Lead South Australia. Crypto SA was granted the funding as part of the Incubator Support program, which provides business incubators with grants of up to A$500,000 to assist Australian startups in gaining the capabilities […]
  The post Australia Grants A$170K To Crypto SA To Launch Country’s First Blockchain Incubator appeared first
  
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• Craig Wright Continues to Chase His Critics as Major Crypto Platforms Boycott His Cryptocurrency, BSV

  20-04-2019 23:21 via cointelegraph.com
  BSV has taken a massive slap from major market participants, but its founder, Craig Wright, continues his war against online critics, serving them with 100,000-British pound claims for defamation
  
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• Bitcoin Displacing Gold Entirely Would Value BTC At $350,000: Is It Possible?

  20-04-2019 23:04 via newsbtc.com
  Since its birth, Bitcoin (BTC) has been lauded as an alternative to traditional assets day in and day out. Most notably, the cryptocurrency is. in the eyes of some pundits, a replacement to gold, specifically the metal’s store of value capabilities. But if Bitcoin takes over gold’s hegemony, what would happen to the value of BTC?
  Related Reading: Bitcoin (BTC) Best Performing Major Asset in 2019, Surges 43% Year-to-Date
  The Case For A Six-Figure Bitcoin
  According to HodlWhale, a Seat
  
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• Tether Continues to Court Controversy as More Questions Emerge About Its Solvency

  20-04-2019 23:00 via crypto-news.net
  The increasing public interest in cryptocurrency is drawing greater attention to stablecoins, and their potential to reduce the volatility that has come to define market values. Tether (USDT) is by far the most popular of these digital assets, and has become a standard tool of traders and long-term investors alike. Nevertheless, since its inception in 2014, Tether has been subject to rumors and speculation over its management and true value. Recently the team behind Tether has taken a series of
  
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• British Virgin Islands Bolsters Emergency Plan with Crypto Wallet

  20-04-2019 22:45
  By CCN: An official announcement from the British Virgin Islands says that the island protectorate has entered a partnership with a blockchain company. The company, LifeLabs, makes a wallet and has a token called LIFE on the Ethereum blockchain. The wallet supports Ethereum, Bitcoin, and the firm’s own crypto tokens. In Case of Emergency: Use Blockchain The partnership mainly regards the facilitation of emergency funding for the British Virgin Islands as well as payments between islands. A
  
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• The Facite Foundation Is Taking New Steps beyond Central Asia, Towards the World

  20-04-2019 22:19
  Based in Kazakhstan, the Facite foundation published its first dividend-income type cryptocurrency Facite coin (FIT) in order to obtain substantial revenue to help expand its business domain. Facite foundation is working on a government policy project in which they took over INNOB Co. Ltd; a company that signed an official contract with Shymkent city since September 2018 to supply the city’s electronic transportation card. With investments totaling up to 13 billion KRW, the company is expe
  
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• Bitcoin (BTC) Best Performing Major Asset in 2019, Surges 43% Year-to-Date

  20-04-2019 21:30 via newsbtc.com
  2018 turned out to be a terrible year for the cryptocurrency markets, with Bitcoin plummeting from its late-2017 highs of nearly $20,000 to lows of just above $3,000, and many other cryptocurrencies posting losses of 90% or more from their early-2018 highs.
  Despite this, 2019 is shaping up to be a great year for the crypto markets, and if they are able to maintain their upwards momentum, they may be able to continue surging back towards their previously established all-time-highs as the yea
  
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• Sirin Labs Finney Review: Does This Crypto Smartphone Stand a Chance Against the Samsung Galaxy S10?

  20-04-2019 21:00
  By CCN: The developers of the Sirin Labs Finney have created for themselves a monumental task. Not only do they desire to break into the fiercely-competitive smartphone market, but they also aim to spearhead cryptocurrency’s transformation from a niche curiosity into a mainstream financial instrument. After raising nearly $150 million for its Israeli creator during the initial coin offering (ICO) boom of 2017, does the Finney achieve this lofty goal? Perhaps more pertinently, does it have
  
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• Ex-CIA Agent: Obama Bent Hiring Rules to Build Anti-Trump Deep State

  20-04-2019 21:00
  By CCN: Former CIA analyst John Gentry published a scathing attack on the alleged anti-Trump deep state, claiming American intelligence institutions have been overrun by Democrats – many of whom were handpicked by Barack Obama. Gentry suggests that traditional safeguards to stop political weaponization of the intelligence community were bypassed by Obama during his first term. It’s illegal to ask job applicants their political affiliation when joining U.S intelligence agencies, but G
  
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• Crypto Tidbits: Bitcoin SV Delisting, Binance Chain Launch, HTC Backs Blockchain Fund

  20-04-2019 20:30 via newsbtc.com
  Another week, another round of Crypto Tidbits. The movement in the value of Bitcoin (BTC) has slowed, with volume and volatility falling across the board, but underlying industry developments have been absolutely monumental.
  Bitcoin Satoshi’s Vision (BSV) was delisted on an array of exchange; Binance launched its own blockchain, sparking a BNB price surge; a report revealed that endowments are piling into this industry en-masse; technology giant HTC backed a blockchain fund, and a prominen
  
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• Here’s What Will Trigger the Next Mammoth Bitcoin Rally

  20-04-2019 19:30
  By CCN: According to a new survey conducted by a gold investment research firm, most retirees in the U.S. are aware of bitcoin and cryptocurrencies but are not interested in investing in the asset class. More than 56 percent of respondents said that they are aware of the existence of bitcoin but have not considered investing in it, and 32.9 percent have said that they are not aware of the asset class. Based on the official data provided by the U.S. government, there are approximately 47.8 millio
  
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• Weekly roundup April 15 – April 19

  20-04-2019 18:29
  This week, crypto saw bitcoin remain mostly in the low $5,000s, as various headlines rolled in regarding IOST, Bitcoin SV and more. Catch up on the details!
  ZEIP-31 | Proposal for ‘leveling playing field across all’ 0x protocol-based assetsDecentralized exchange protocol project 0x (ZRX) released a draft proposal for Zeip-31, which was posted on the project’s Github page. Essentially, 0x looks to increase liquidity by incentivizing users for staking their ZRX tokens.Zeip-31 al
  
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• Bitcoin Holds Over $5,300 as Top Altcoins See Mixed Signals

  20-04-2019 18:23 via cointelegraph.com
  Bitcoin crosses the $5,300 line as most of the top 20 cryptocurrencies report a mix of gains and losses on the day
  
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• Stock Market Flips Bearish: Analyst Reveals How to Buy the S&P 500 Dip

  20-04-2019 18:00
  By CCN: Following a banner quarter, one Wall Street analyst says that the US stock market is teetering on the brink of a cooling-off period. Luckily, prescient investors stand to reap a major windfall when it’s time to buy the dip. Robert Sluymer: S&P 500 Will Erase a Month of Gains As of Thursday’s close, Wall Street’s three major indices had all climbed by double-digits since the trading year began. The tech-heavy Nasdaq surged 20 percent. The S&P 500 rallied 15.7 per
  
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• Over Half of U.S. Retirees are Crypto-Aware but Won’t Invest in Bitcoin: Survey

  20-04-2019 17:13
  More than 56% of American retirees over the age of 50 know what bitcoin is but refuse to invest in it. Meanwhile, less than 3% of this group own bitcoin already. These are the sobering findings uncovered by Gold IRA Guide, a magazine about precious-metal investing. 1 in 3 Retirees Have No Idea What Bitcoin Is Earlier this month, Gold IRA Guide surveyed 1,000 American retirees over age 50 to learn their thoughts about bitcoin. The results are discouraging if you’re a crypto fan because it s
  
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• Crypto Market Targets Fresh Highs: BNB Eyes $30, Bitcoin Cash, EOS, Tron Analysis

  20-04-2019 17:08 via newsbtc.com
  The total crypto market cap is positioned for more gains above the $180.0B resistance.
  EOS price is consolidating gains near $5.50 and it could surge above $5.60.
  Binance Coin (BNB) rallied above the $22.00 and $25.00 resistance levels.
  Bitcoin cash price is back above the $300 support area, with a positive angle.
  Tron (TRX) price is struggling to break the $0.0265 and $0.0268 resistance levels.The crypto market cap setting up for a new monthly high, with strong gains in binance coin (BNB). Bit
  
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• MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3%

  20-04-2019 16:49 via cointelegraph.com
  Token holders are now voting again on whether to raise the so-called stability fee for Maker’s ethereum-based DAI by 3%
  
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• Our Binance Overlord’s Bitcoin SV Slaying is Frightening for Cryptocurrency - CCN

  20-04-2019 16:21 via ccn.com
  Our Binance Overlord’s Bitcoin SV Slaying is Frightening for Cryptocurrency  CCNWhen Binance's CZ delisted Bitcoin SV on a whim, he showed himself to be an even bigger threat to the crypto space than Faketoshi Craig Wright. Here's why.
  
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• Our Binance Overlord’s Bitcoin SV Slaying is Frightening for Cryptocurrency

  20-04-2019 16:21
  Binance, the world’s largest cryptocurrency exchange, announced the delisting of Bitcoin SV (BSV) on Monday after CEO and founder Changpeng Zhao decided he’d had enough of the antics of Fake Satoshi, Craig S. Wright. Within hours, Kraken and Shapeshift followed suit. You’d have to travel far and wide to find anyone gullible enough to defend Craig Wright at this point, but there’s a case to be made that by delisting BSV on a whim, Binance has shown itself to be a much more
  
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• Bibox Announces Bibox Orbit, Offers Opportunity to Buy into Four Blockchain Projects

  20-04-2019 15:52 via newsbtc.com
  The well-known digital asset exchange Bibox has embarked on a mission to expand the blockchain ecosystem. As a part of its initiative, the Estonia based company has announced the launch of Bibox Orbit, set to go live on April 22, 10:00 (GMT +8).  Bibox Orbit is a token launch platform that is designed to enable the community to get involved in high quality decentralized projects, encouraging their development and deployment.
  The Bibox Orbit program has already short-listed 4 projects which
  
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• The Hidden Effects of Crypto Money Laundering Rules

  20-04-2019 15:30
  CoinDesk's Noelle Acheson looks at anti-money laundering regulation’s increasing focus on cryptocurrencies, and at the opportunity this presents.
  
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• Cryptocurrency This Week: RBI Bars Crypto Startups From Regulatory Sandbox, Game Of Throne Coins And More - Inc42 Media

  20-04-2019 15:08 via inc42.com
  Cryptocurrency This Week: RBI Bars Crypto Startups From Regulatory Sandbox, Game Of Throne Coins And More  Inc42 MediaIndian cryptocurrency exchange Unocoin laid off 50% staff, while Visa, Coinbase are planning to launch Bitcoin Card. More in crypto this week.
  
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• Binance Chain Could Send Ethereum Price Back to Double-Digits: Analyst

  20-04-2019 15:00 via newsbtc.com
  Crypto exchange Binance has launched its custom blockchain solution Binance Chain on April 18. But the move might threaten to burn a hole in Ethereum’s pocket.
  Telegram-based market analysis and trading log, the Gem Club, said Thursday that new cryptocurrency projects had no benefit while choosing the Ethereum blockchain over Binance Chain. The analyst noted the new custom chain could replace Ethereum when it comes to listing projects and issuing their tokens.
  “BNB is going to h
  
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• Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019

  20-04-2019 14:52
  By CCN.com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. After one day of use… pic.twitter.com/VjDlJI45C9 — Steve Kovach (@stevekovach) April 17, 2019 Is 2019 a Write-Off for Samsung? Not quite. Samsung Group, the biggest conglomerate
  
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• Cryptocurrency Transaction Speed as of 2019 - U.Today

  20-04-2019 14:12 via u.today
  Cryptocurrency Transaction Speed as of 2019  U.TodayWhat are the world's fastest cryptocurrencies? Read about the Top 10 crypto assets with the highest TPS and find out what developer plans are for 2019.
  
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• Cryptocurrency needs government's help, says presidential hopeful Andrew Yang - CNET

  20-04-2019 14:00 via cnet.com
  Cryptocurrency needs government's help, says presidential hopeful Andrew Yang  CNETClearer rules for bitcoin and other virtual currencies will help the US innovate, argues Yang, a Democratic presidential candidate.
  
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• Dear Bitcoin Traders, Golden Cross is Not Always a Bullish Signal

  20-04-2019 13:01 via newsbtc.com
  The entire bitcoin trading community is holding its breath for a crucial bullish signal known as the Golden Cross.
  It started on April 2 when the bitcoin price – at last – broke above a stringent resistance area and surged 23 percent in a day. This upside swing changed the market’s entire dynamics. Almost all the technical indicators that were screaming bearish turned bullish overnight. Buying sentiment returned. Selling sentiment decreased. But most importantly, bitcoin manage
  
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• 5th Largest Korean Cryptocurrency Exchange: Coinnest Shuts Down - Coinnounce

  20-04-2019 12:57 via coinnounce.com
  5th Largest Korean Cryptocurrency Exchange: Coinnest Shuts Down  CoinnounceCoinnest one of the largest cryptocurrency exchanges in Korea is going to shut down its operations in the midst of some financial, admin and legal problems.
  
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• Thailand Is Opening Up to Crypto, One Step Closer to ICO and STO

  20-04-2019 12:40 via cointelegraph.com
  Thailand is gradually opening to crypto with its first ICO portal and it is in an ideal position to facilitate the approval of the first STO in Asia
  
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• Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019

  20-04-2019 12:25
  By CCN.com: Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside oil. 2019 Returns…Bitcoin $BTC: +39%Oil $USO: +38%Nasdaq 100 $QQQ: +22%S&P 500 $SPY: +17%Small Caps $IWM: +17%MLPs $AMLP: +16%REITs $VNQ: +15%EM $EEM: +14%EAFE $EFA: +13%Commodities $DBC: +12%High Yield $HYG: +8%Investment Grade $LQD: +6%Bonds $AGG: +2%Gold $GLD: -1% — Charlie Bilello (@ch
  
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• Report: Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million

  20-04-2019 12:09 via cointelegraph.com
  Over 90% percent of the value of a Chinese publicly listed construction company turned to cryptocurrency mining, Huatie, has been lost before the company has been sold
  
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• Weiss Crypto Ratings founder believes blockchain networks will replace legacy systems

  20-04-2019 11:59
  The International Monetary Fund (IMF), an organization focused on promoting “global monetary cooperation” in order to help underdeveloped nations achieve Millenium Development Goals and various other socioeconomic initiatives, recently announced the launch of “Learning Coin.”
  The IMF will be working with the World Bank, a global financial institution that helps fund projects mainly in developing countries, to create an app specifically for the Learning Coin project. The
  
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• John McAfee Promotes Steven Seagal-Endorsed Crypto Scam Coin

  20-04-2019 10:47
  CCN reported deeply on a pyramid scheme involving cloud mining and a highly pumped-and-dumped cryptocurrency called B2G (“Bitcoiin2G”). It was one of the longest and deepest reports of this reporter’s life. We found that Steven Seagal promoted B2G, and the scheme was hurting enough people that the State of New Jersey officially banned the promotion of it. B2G’s first use case was as a way to avoid paying people out in Bitcoin, via the various DragonMining (and affiliated)
  
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• Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter - AMBCrypto News

  20-04-2019 09:02 via ambcrypto.com
  Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter  AMBCrypto NewsSince the emergence of decentralized currency, China has been the focal point of cryptocurrency mining. With the market falling to the “crypto-winter...
  
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• Crypto Market Wrap: Unstoppable Binance Leading Markets Back to 2019 Highs

  20-04-2019 09:00 via newsbtc.com
  Crypto markets approaching 2019 highs; Binance Coin unstoppable, BCH still climbing and Ravecoin flying.
  Market Wrap
  Crypto markets are marching slowly and steadily higher as another weekend unfolds. Total market capitalization is back over $180 billion again as it approaches the previous high for 2019. A break above resistance for the major cryptos will send cap to $200 billion pretty quickly and it could come over the next day or two.
  Bitcoin has climbed a further 1.5% since the same time yest
  
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• Bitcoin’s Misery Index Indicates Euphoria in the Cryptocurrency Markets: Fundstrat’s Tom Lee - Coingape

  20-04-2019 09:00 via coingape.com
  Bitcoin’s Misery Index Indicates Euphoria in the Cryptocurrency Markets: Fundstrat’s Tom Lee  CoingapeFunstrat is an independent Research firm based in New York. Thomas Lee, a data science research analyst and Co-founder of the firm recently suggested that ...
  
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• USDT-Tron and USDT-Omni To Co-Exist As a Single Cryptocurrency on This Exchange - Coingape

  20-04-2019 08:34 via coingape.com
  USDT-Tron and USDT-Omni To Co-Exist As a Single Cryptocurrency on This Exchange  CoingapeThe US-based Poloniex Exchange has announced its support for the USD Tether launched recently as a TRC20 token along with the existing USDT-Omni that is ...
  
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• Bitcoin Price Watch: BTC Primed For Lift-off To $5,500

  20-04-2019 06:08 via newsbtc.com
  Bitcoin price remained well supported above the $5,200 and $5,160 levels against the US Dollar.
  The price is slowly grinding higher and it may well climb above the $5,350 level.
  There is a major ascending channel in place with support at $5,210 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair is trading nicely in an uptrend and it could continue to climb towards $5,400 and $5,500.Bitcoin price remained well supported on the downside above $5,200 against the US Dollar. B
  
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• CFTC Commissioner praises cryptocurrency and blockchain technology - FXStreet

  20-04-2019 04:45 via fxstreet.com
  CFTC Commissioner praises cryptocurrency and blockchain technology  FXStreetEven though the US Commodity Futures Trading Commission (CFTC) has stalled the approval of Bakkt, commissioner Christopher Giancarlo remains hugely bu.
  
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• Elon Musk, SEC Need More Time to ‘Put on Their Reasonableness Pants’

  20-04-2019 02:53
  By CCN: Elon Musk and the SEC are talking, demonstrating progress in a regulatory battle that has been drawn out for months. While the Tesla CEO and the securities regulator have yet to reach an agreement regarding a contempt of court dispute, they could be close. Musk and regulators have requested a one-week extension from a federal judge who recently advised them to “put your reasonableness pants on” and settle the Twitter spat. Trouble in Tesla paradise began for the South African
  
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• eToro launches cryptocurrency exchange - Bankless Times

  20-04-2019 02:32 via banklesstimes.com
  eToro launches cryptocurrency exchange  Bankless TimeseToroX, the blockchain division of global investment company eToro, has today announced the launch of its crypto exchange – a secure and regulated trading ...
  
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• Analyst: Bitcoin (BTC) Likely to Soon See Massive Volatility as Golden Cross Pattern Forms

  20-04-2019 02:00 via newsbtc.com
  After losing its major upwards momentum roughly ten days ago when Bitcoin failed to break above $5,400, BTC has been able to hold steady above $5,000 and has tepidly clawed its way upwards towards $5,300.
  Now, one analyst believes that Bitcoin will incur just enough buying pressure to propel its price up towards $5,800, at which point it will face significant selling pressure that may lead to a large drop.
  Bitcoin (BTC) Slowly Climbs Towards $5,400
  At the time of writing Bitcoin is trading up ma
  
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• Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst

  20-04-2019 01:59
  By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on the same. Nonetheless, crypto bears keep coming back to spoil the party. One such doubter is UBS analyst Kevin Dennean. UBS Analyst: Bitcoin Price Faces a Long Road to Recovery According to Forbes, Dennean recently wrote: “We’re struck by how long it took other asset bubbles to recover their peak levels (as long as 22 years f
  
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• Social Media Platform Mithril Becomes Purported First to Migrate to Binance Chain

  20-04-2019 01:55 via cointelegraph.com
  Mithril has become the purported first independent company to shift to the Binance Chain, with MITH token migrating from ERC-20 to BEP2
  
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• Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret - Bitcoinist

  20-04-2019 01:02 via bitcoinist.com
  Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret  BitcoinistA subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining A subsidiary ...
  
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• Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

  20-04-2019 01:00 via cointelegraph.com
  American crypto exchange Poloniex supports Tether’s stablecoin USDT on the Tron network
  
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• Mueller Report: U.S. Facebook Users Bamboozled by Russian Spies

  20-04-2019 00:52
  By CCN: Russian operatives did play a role in the 2016 U.S elections. The thing is it had nothing to do with the Donald Trump White House, according to the Mueller report, Rather, the report details the extent to which Russian spies infiltrated the American social media landscape — Facebook and Twitter in particular. Before Facebook identified and removed the propaganda accounts in 2017, the damage was already done. The pages had garnered close to 1 million followers and posts were viewed
  
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• Binance Coin Becomes the First Cryptocurrency to Pass Its January 2018 High - SludgeFeed

  20-04-2019 00:50 via sludgefeed.com
  Binance Coin Becomes the First Cryptocurrency to Pass Its January 2018 High  SludgeFeedThe exchange token hit *fresh* all-time highs Friday following the launch of Binance Chain this week.
  
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