Cryptocurrency news

• Why This Tesla Doppelganger Surged 50%, Defying Falling Markets

  25-04-2019 23:45
  By CCN: Relatively unknown stock Tiziana Life Sciences (TLSA), not to be confused with Tesla (TSLA,) rocketed more than 50% today to blow the rest of the stock market out of the water. Starting the day at slightly more than $6.50 a share, the biotech company climbed to a high of almost $10.00 before pulling back into the $9.50 range. A Case of Mistaken Tesla Identity? As we alluded to, TLSA bears a sticking resemblance to TSLA, the ticker for automaker Tesla. Last week, ZOOM Technologies, ticker
  
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• Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

  25-04-2019 23:45
  New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.
  
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• Chinese Internet Court Employs AI and Blockchain to Render Judgement

  25-04-2019 23:15 via cointelegraph.com
  The Beijing Internet Courtemploystechnologies such as artificial intelligence and blockchain to make rulings
  
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• Hacked Bitcoin Moves: 300 of Bitfinex Users’ BTC Moves for the First Time

  25-04-2019 23:00 via newsbtc.com
  Around 300 of the Bitcoin that were never recovered following a hack of the crypto exchange Bitfinex have moved today. The hack in the summer of 2016 cost the company $73 million at the time.
  The coins appear to have been moved to a total of 13 new addresses. It is the first time the coins have ever moved to new wallets, none of which have any previous transaction history.
  Stolen Bitcoin Makes a Move
  Reddit user u/jankeldidi initially brought the moving coins to NewsBTC’s attention via a p
  
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• Malta’s Financial Regulator Issues Guides on Crypto Assets, Scams

  25-04-2019 22:37 via cointelegraph.com
  The Malta Financial Services Authority has released guidelines on crypto-related risks and the possibility of scams
  
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• Bitcoin’s Mesmerizing 457% Two-Year Returns Leave the Dow in the Dust

  25-04-2019 22:30
  By CCN: Bitcoin’s year-to-date returns of nearly 50% aren’t too shabby. But if you’d have invested in bitcoin two years ago, you would be sitting on a return of more than 457%. Morgan Creek Digital Co-Founder Anthony Pompliano did the back-of-the-napkin math. He proved that there’s a new sheriff in town, even in the face of the stock market’s historic bull run. While the time period includes bitcoin’s 2017 peak, it also accounts for the crypto winter, which pr
  
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• Bitcoin Breaks Back Above $5,500, Cryptos Recover From Major Sell-Off

  25-04-2019 22:26 via cointelegraph.com
  Crypto markets recovered from yesterday’s sufficient sell-off, Bitcoin is back to trading above the $5,500 threshold
  
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• U.S. SEC and CFTC issue warning to investors in cryptocurrency space - FXStreet

  25-04-2019 22:01
  U.S. SEC and CFTC issue warning to investors in cryptocurrency space  FXStreetU.S. financial regulators, U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), recently issued a joint.
  
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• Tether Treasury Mints $300 Million of Stablecoin: What Could It Mean for Bitcoin Price?

  25-04-2019 22:00 via newsbtc.com
  Yesterday, the Tether treasury, responsible for managing the supply of the stablecoin, has minted an additional $300 million USD worth of the fiat-backed stablecoin, following the recent bullish Bitcoin price action.
  Prior to the powerful break through seemingly unbreakable support at $6,000 in November, Tether had removed the same amount from the market, suggesting that the reduction in Tether may have been correlated to the bearish movement. If this is true, could the addition of $300 million
  
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• Altria Implodes After Stupid Investors Senselessly Dump MO Stock

  25-04-2019 21:58
  By CCN: The once invulnerable tobacco powerhouse, Altria, saw its stock get clobbered on Thursday after it reported disastrous earnings. Cigarette sales have plummeted and taken Altria stock down with it, as consumers move towards e-cigarettes, vaping, and cannabis. The company has made strategic investments in the alternative products in an effort to fire up revenues. Altria Suffers Troubling Decline in Cigarette Sales In the first quarter, Altria posted a diluted earnings per share number of $
  
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• Huge Promotions, Mega-Wins, and No Withdrawal Limits – BitStarz Does It All!

  25-04-2019 21:35
  We are almost certain that you know who we are by now, after all, BitStarz is the biggest crypto casino around with the awards to prove it. 2019 has seen us become the only true place to play – no matter the currency you have burning a hole in your pocket – don’t believe us? We suggest that you keep reading… Kick Open the Door We don’t just tempt our players in with some throwaway offer, we let them kick open the doors to a huge welcome bonus that stacks the cash.
  
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• Interview: David Chaum at Paris Blockchain Week Summit 2019

  25-04-2019 21:31
  For longer than four decades, David Chaum has been one of the world’s leading researchers and entrepreneurs in the fields of cryptography and digital money. It was thanks to his work that people like Hal Finney, Tim May, Nick Szabo, and Zooko Wilcox-O’Hearn have found their way into this magnificent space, and without him we probably wouldn’t have game-changing innovations such as mixing (best exemplified by CoinJoin) and privacy-oriented digital cash (such as ecash 
  
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• Scalable Dapp Development Platform Squeezer.io Looks to Revolutionize Business Infrastructures Through Blockchain Implementation

  25-04-2019 21:30
  Bitcoin Press Release: Scalable dApp creation platform Squeezer.io will help software developers integrate decentralized apps into already established business infrastructures. Monday 22nd April, 2019, Belize City, BELIZE –  Scalable dApp creation platform Squeezer.io will help software developers integrate decentralized apps into already established business infrastructures. Squeezer.IO uses a platform, Framework, and Chain-kit (unique software tools) to enable th
  
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• Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’

  25-04-2019 21:30
  By CCN: A crypto trader provided CCN with documents proving that he has lost around 43 Ether all told after depositing it on BiteBTC on Christmas Eve. As we previously reported, the Bitcoin exchange claimed a fire wrecked its servers, but the exchange claimed crypto wallets were safe. Where There’s Smoke, There’s Fire Nearly every tweet sent by the exchange is answered with multiple complaints about deposit and withdrawal issues. The following is an example, which allegedly shows Bit
  
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• Dow Skids as Stock Pumpers Fail to Duct-Tape Over 3M’s Earnings Mayhem

  25-04-2019 21:01
  By CCN: The Dow lagged the broader U.S. stock market on Thursday after industrial conglomerate 3M Co (MMM) reported disappointing quarterly financial results, underscoring a dismal outlook facing the global economy. Dow Lags Its Stock Market Peers After falling 187 points, the Dow Jones Industrial Average would pare losses to settle down 134.97 points, or 0.5%, at 26,462.08. The blue-chip index opened sharply lower, reflecting a volatile pre-market for Dow futures. The broad S&P 500 Index of
  
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• Analyst: Bitcoin (BTC) is King and Trustless, But is it Ready For $6,000?

  25-04-2019 21:00 via newsbtc.com
  Bitcoin (BTC) up 4.5 percent
  Altcoins are horrible, but Bitcoin is the only trustless projectThere is only one king in cryptocurrency, and that is Bitcoin (BTC). According to Tone Vays, altcoins—as history shows fail to weather the test of time, sinking expectations with it. Meanwhile, Bitcoin is firm, leading in valuation and dominance proving over and over again that it is a market leader. At spot rates, it is up 4.5 percent from last week’s close.
  Bitcoin Price Analysis
  Fundament
  
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• BitDeer.com Announces Summer Surge Pricing in Response to Wet Season

  25-04-2019 20:48
  BitDeer.com, the leading computing power-sharing platform, has just kicked off its wet season promotion offering BTC and BCH mining plans with disruptive electricity costs as low as RMB￥0.22/Kwh ($0.033/Kwh). BitDeer.com’s worldwide users are enabled to take full advantage of the much cheaper hydropower electricity in southwestern China thanks to the favorable weather conditions. The wet season exclusive plans will greatly benefit individual miners, who can now purchase mining plans
  
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• Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission

  25-04-2019 20:40 via cointelegraph.com
  The trustee of now-defunct Bitcoin exchange Mt. Gox has extended the deadline for submission of rehabilitation plans
  
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• Microsoft Stock (MSFT) Hits Jackpot with Mouth-Watering Earnings

  25-04-2019 20:33
  By CCN: Microsoft proves that legendary companies can have surprising second acts. Under the leadership of CEO Satya Nadella, Microsoft stock has soared while delivering insanely remarkable earnings growth. Nadella has managed to overcome the disastrous reign of Steve Ballmer and set Microsoft stock up as the latest security to reach a trillion-dollar market cap. Third-quarter earnings were fantastic at every level. There are reasons for this, but the numbers come first. THREAD: $MSFT Q3 EARNING
  
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• Ripple Reveals Crucial 54% Sales-Spike with Institutions Buying XRP

  25-04-2019 20:26
  Ripple, the company behind the development of XRP, the third most valuable crypto asset in the global market, officially released its Q1 2019  XRP markets report. The document indicated Ripple sold $169.42 million from January to March and institutional sales accounted for $61.93 million, more than 36 percent of all its sales. Quarter-over-quarter, Ripple saw a 54 percent surge in institutional investment, indicating an overall rise in demand for crypto from institutional investors. Bad Yea
  
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• MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin

  25-04-2019 20:17
  MakerDAO token holders have voted again to increase issuance fees on dollar-backed stablecoin DAI.
  
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• Algorithmic Crypto Trading Firm GSR Launches Crypto Hedging Product

  25-04-2019 20:06 via cointelegraph.com
  Cryptocurrency-based variance swaps, products for hedging against volatility, are being launched by Hong Kong-based algorithmic crypto trading firm GSR
  
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• 'Twitter Hype Index' Mirrors Cryptocurrency Market Cap, New Data Shows - Bitcoinist

  25-04-2019 20:02
  'Twitter Hype Index' Mirrors Cryptocurrency Market Cap, New Data Shows  BitcoinistThe DataLight Hype Index shows Bitcoin leads the way in terms of popularity on Twitter with the results of the ranking closely mirroring the position of.
  
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• Samsung Trials Plus Ethereum 2.0 Another Reason To Be ETH Bullish

  25-04-2019 20:00 via newsbtc.com
  Ethereum (ETH) bearish below $190
  Samsung experimentation is a sign of confidence on the platformStart-ups, desirous of exploring blockchain, no longer need to start from scratch thanks to Ethereum. Samsung is the latest. Two months after announcing the support of Ethereum (ETH) in their S10 Galaxy phones, sources reveal that the electronics giant may soon launch their blockchain and perhaps issue their token.
  Ethereum Price Analysis
  Fundamentals
  With Ethereum there is no need for start-ups to
  
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• IBM to Apply Blockchain Tech to Lenovo’s Data Centers

  25-04-2019 19:59 via cointelegraph.com
  Following a new agreement, IBM will apply blockchain technology at computer hardware producer Lenovo’s Data Center Group
  
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• Tobacco Giant Philip Morris Is Building a Different Kind of ‘Public’ Blockchain

  25-04-2019 19:45
  Tobacco giant Philip Morris is working on a "public blockchain," an executive said, though not quite in the commonly understood sense.
  
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• Wall Street Bashes Elon Musk’s ‘Twilight Zone Act’ in Tesla’s Meltdown

  25-04-2019 19:43
  By CCN: Everyone is running out of patience with Elon Musk and his antics as the CEO of Tesla. Following the company’s spectacularly disappointing earnings report, Goldman Sachs and Wedbush downgraded Tesla’s stock on Thursday. The downgrades weren’t a surprise given the dismal numbers Tesla reported. However, the scathing lashing given out by the Wedbush analyst did take some aback. The Research Note That Could Make History Clearly frustrated with Musk, Wedbush analyst Daniel
  
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• Nike’s Surprise Crypto Play Could Steal Facebook’s Thunder

  25-04-2019 19:42
  By CCN: In one of the most exciting cryptocurrency developments of the year, clothing behemoth Nike looks poised to dive into the world of crypto. Perhaps buoyed by the strong performance of Bitcoin, the athletic apparel manufacturer filed a trademark to create a digital currency called “CryptoKicks.” Will Nike beat Facebook’s coin to market and steal a bit of thunder from Mark Zuckerberg? Nike has filed a trademark application for CRYPTOKICKS. The filing indicates that Nike is
  
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• This browser will pay you in cryptocurrency to look at ads - MIT Technology Review

  25-04-2019 19:35
  This browser will pay you in cryptocurrency to look at ads  MIT Technology ReviewPrivacy-focused Brave browser will pay users cryptocurrency to view ads.
  
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• Own Netflix Stock? We Guarantee This Chart Will Terrify You

  25-04-2019 19:09
  By CCN: Netflix has been a leader in the movie rental field since it was mailing out DVDs in red envelopes, and it remains outright dominant since placing a winning gamble on the streaming revolution. However, the company now finds its territory threatened on several fronts, and the fallout from some shocking data should devastate the bull case for Netflix stock. This Single Chart Kills the Bull Narrative for Netflix Stock Despite plunging billions of dollars into original content, Netflix&rsquo
  
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• Ripple (XRP) Finally Bouncing Off Q1 2019 Lows, Will Bulls Prevail?

  25-04-2019 19:00 via newsbtc.com
  Ripple (XRP) recover after Apr-24 hammering
  Bitstamp reminds users of Ripple’s decentralization strategyCritics claim Ripple (XRP) is nothing more than an “airdrop” whose absence wouldn’t affect operations. However, XRP proves to be useful for speed, and after Cobalt, firms using xRapid will enjoy settlement times of one second. Price wise and XRP bulls are back, shoring the asset after Apr-24 drawdown.
  Ripple Price Analysis
  Fundamentals
  Much has been said about Ripple I
  
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• Microsoft’s Stunning 44-Year Journey from MS-DOS to the $1 Trillion Club

  25-04-2019 19:00
  By CCN: In case you missed it, Microsoft is now a $1 trillion company. The tech giant’s better-than-anticipated third-quarter earnings sent the stock soaring over the top, catapulting the 44-year old company into the coveted $1 trillion-club that counts Jeff Bezos’ Amazon among its members. Microsoft didn’t get there overnight – a then 30-year-old Bill Gates brought the company public in 1986 (a decade before Amazon) at $21 per share, raising $61 million. That price was h
  
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• Mt Gox Trustee Extends Deadline to File Rehabilitation Plan

  25-04-2019 18:25
  Nobuaki Kobayashi, the trustee for crypto exchange Mt Gox, has extended the deadline by which he must file a civil rehabilitation plan.
  
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• Crypto May Be Nike’s New Digital Business Strategy To Stay On Top

  25-04-2019 18:24 via newsbtc.com
  Sportswear manufacturer Nike is getting into the crypto game. Last week, Nike Inc filed an application with the U.S Patent and Trademark Office for the word “cryptokicks.” Details indicate the company has plans to create a new cryptocurrency driven e-com platform. This move represents the culmination of Nike’s direct to consumer business strategy, which was developed to defend its position as the number one footwear brand.RT #CoinTelegraph #Breaking: U.S. sportswear giant Nike
  
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• 5 Reasons Why Atomic Swaps Trump Centralized Cryptocurrency Trading - NullTX

  25-04-2019 18:16
  5 Reasons Why Atomic Swaps Trump Centralized Cryptocurrency Trading  NullTXIn the cryptocurrency industry, most of the trading occurs on exchanges. Or at least, that is what the overall statistics would indicate. Since coin-tracking sites do ...
  
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• Bitcoin is Criminals’ ‘Favorite’, Claims Blockchain Forensic; Used in 95% of Crypto Crimes

  25-04-2019 18:12
  Bitcoin is the reigning champion of cryptocurrency criminals. That’s the conclusion of blockchain analysis firm Chainalysis, which discovered that bitcoin is used in 95% of crypto crimes. This finding isn’t surprising since bitcoin is by far the most popular and widely used of the 2,000 digital currencies around today. Levin: ‘bitcoin is by far the favorite’ of criminals “Bitcoin is by far the favorite,” Jonathan Levin, co-founder of Chainalysis, told Fortune.
  
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• Crypto Adoption is Like Internet in 1990s With 50M+ Users, Massive Potential Left

  25-04-2019 17:55 via newsbtc.com
  For some reason or another, many pundits, both in and out of the crypto ecosystem, have likened Bitcoin’s parabolic rally in 2017 to the Dotcom Boom and Bust at the turn of the millennia.
  Sure, there are similarities, like the fact that both industries were revolutionary, were initially misunderstood and hated, and were rife with bad actors looking only to turn a quick buck. But, one analyst claims that cryptocurrencies and public blockchains are still early on in their development, meanin
  
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• Survey Says Sell? Just 43% Believe ‘Golden Cross’ is Bullish for Bitcoin Price

  25-04-2019 17:37
  By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a Twitter survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants believe that the signal, which typically hints at a bull run ahead, is a trap and that it is time to unload some Bitcoin. A golden cross occurs when a 50-day movi
  
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• Samsung invests USD 2.9 million in French cryptocurrency startup Ledger - Business Standard

  25-04-2019 17:37
  Samsung invests USD 2.9 million in French cryptocurrency startup Ledger  Business StandardRead more about Samsung invests USD 2.9 million in French cryptocurrency startup Ledger on Business Standard. Samsung has reportedly invested in a ...
  
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• Nike is set to launch its own cryptocurrency - FXStreet

  25-04-2019 17:32
  Nike is set to launch its own cryptocurrency  FXStreetThe global household brand, Nike Inc., one of the world's most leading and popular manufacturers of shoes, has recently filed a trademark and *service* .
  
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• 3M Stock’s Collapse Deals Vanguard a $10 Billion Catastrophe

  25-04-2019 17:05
  By CCN: 3M stock (MMM) plunged by 11 percent on Thursday after the $112 billion company unveiled disastrous first-quarter earnings, drastically slashed its full-year guidance, and announced that it would hand out pink slips to 2,000 employees as part of a radical restructuring plan. But while analysts will justifiably blame 3M for hamstringing the Dow Jones Industrial Average as it seeks to record its first all-time high since October 2018, the Post-it maker also dealt a significant blow to the
  
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• Top Traders Held Talks on Making Crypto Part of Global Financial Architecture: Bloomberg

  25-04-2019 17:02 via cointelegraph.com
  More than 20 top crypto traders reportedly gathered in January for talks on making digital assets and tokens part of the global financial architecture
  
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• Elon Musk is 100% Right. 3 Reasons Tesla Must Go Private…Or it’s Doomed

  25-04-2019 16:43
  Wednesday’s earnings report was a bust for Tesla. The company reported a huge loss of $702 million and missed revenue expectations. In the conference call that followed, forlorn Tesla boss Elon Musk mused about taking Tesla private again: “I would prefer we were private, but unfortunately I think the ship, that ship, has sailed.” Elon Musk desperately wants to pull Tesla off the stock market and return it to private investors. And he’s right. Going private is exactly what
  
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• Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019

  25-04-2019 16:36 via cointelegraph.com
  Crypto lender Genesis processed $425 million in loans over the first quarter of 2019
  
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• Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins

  25-04-2019 16:22 via cointelegraph.com
  26 stablecoins will be launched by United Kingdom-based cryptocurrency payment processor Wirex as part of a partnership with Stellar
  
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• OKEx Incentivizes Market Makers With New Program Offering Lower Trading Fees

  25-04-2019 16:15 via cointelegraph.com
  One of the world’s largest crypto exchanges says its new program incentivizes market traders by offering zero fees. #SPONSORED
  
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• Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

  25-04-2019 16:13
  New details are emerging about a dispute at the MakerDAO Ecosystem Growth Foundation.
  
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• Nike Files Patent to Launch 'Cryptokicks' Cryptocurrency - Bitcoinist

  25-04-2019 16:03
  Nike Files Patent to Launch 'Cryptokicks' Cryptocurrency  BitcoinistNike has filed a trademark and *service* mark application with the United States Patent and Trademark Office for protection over the brand 'Cryptokicks.'
  
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• Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019

  25-04-2019 16:01
  By CCN.com: Binance Coin (BNB) is the best performing crypto asset in the global market with the exception of cryptocurrencies that launched in 2019. According to OnChainFX, BNB was the only crypto asset to achieve an all-time high this year since 2017 and it is down about 9 percent from its record high. In contrast, bitcoin, which has performed relatively well throughout the past year, is down about 73 percent from its all-time high. Most ERC20 tokens in the market are down about 90 to 99 perce
  
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• Moscow and Three Russian Regions to Legally Pilot Crypto and DLT Tech: Local Media

  25-04-2019 15:53 via cointelegraph.com
  The Russian Ministry of Economic Development proposed to pilot the use of crypto as an experiment in Moscow and three Russian regions
  
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