Cryptocurrency news

• Several Indian Government Departments Recommend Complete Cryptocurrency Ban - CryptoGlobe

  26-04-2019 23:51
  Several Indian Government Departments Recommend Complete Cryptocurrency Ban  CryptoGlobeThe government in India's capital of New Delhi has reportedly launched several inter-ministerial consultations regarding a draft bill which has proposed a ...
  
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• Bitfinex Needs ‘A Few Weeks’ to Unfreeze Funds, CFO Tells Shareholder

  26-04-2019 23:35
  A Bitfinex shareholder says its CFO told him the exchange needs 'a few weeks' to recover the funds at issue in the New York Attorney General probe.
  
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• $850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

  26-04-2019 23:35
  By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Ironically, this latest Bitfinex drama may be the one thing that disproves the “Bitfinex’ed” conspiracy theory. If USD in that amount was seized/stole
  
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• Should College Students Invest in Cryptocurrency? - ZyCrypto

  26-04-2019 23:07
  Should College Students Invest in Cryptocurrency?  ZyCryptoFor the last few years, it has been seen that people investing in cryptocurrencies are mostly young. In fact, a majority of them are university students.
  
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• Tesla’s Stock Collapses Through Vital Technical Support; Look Out Below?

  26-04-2019 23:04
  By CCN: Tesla’s stock has broken through critical support, breaching a long-term range and falling 6% amid heavy selling confirmed by huge volumes. With Elon Musk facing a constant media barrage for a combination of bizarre tweets and unrealistic predictions, the media is trying to make this about a possible CEO challenge. In reality, this is probably more to do with the horrific earnings miss this week and a sinister reality for TSLA shareholders. Tesla Shares in Free-Fall After Terrible
  
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• Judge Says Coinbase Botched Bitcoin Cash Rollout but Unlikely to Have Committed Fraud

  26-04-2019 23:00 via newsbtc.com
  Coinbase may avoid being found guilty of facilitating insider trading for a second time regarding its December 2017 launch of Bitcoin Cash trading. US District Judge Vince Chhabria stated that the roll out of the new asset of on the platform was handled poorly but ultimately that it was unlikely to be deemed fraudulent in the eyes of the law.
  The previous allegations of insider trading levied towards the crypto exchange by Bitcoin Cash investors was thrown out by Chhabria last October with a lac
  
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• Marco Polo Onboards Three New Members to Its Trade Finance Network

  26-04-2019 22:35 via cointelegraph.com
  DLT-based trade finance network Marco Polo has added BayernLB, Helaba, and S-Servicepartner to its network
  
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• ‘Darkest Days Yet’: ‘Purple Pill’ Tell-All Details Years-Long Rift at Heart of MakerDAO Stablecoin Project

  26-04-2019 22:22
  Penned by the stablecoin project's former CTO, "Zandy's Story" paints a clear picture of MakerDAO's current turmoil.
  
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• Tether Turmoil Twist: Stolen Reserves Proves Crypto Stablecoin Was Once Backed

  26-04-2019 22:00 via newsbtc.com
  The crypto community is in an uproar following the New York State’s Attorney General’s office accusation that prominent crypto exchange Bitfinex – tied closely to the controversial stablecoin Tether – had hidden a $850 million loss at the hands of a capital management company.
  While the news caused a steep, widespread selloff across the crypto market, there is some good news buried deep within the Tether turmoil: the fact that $850 million was stolen from Bitfinex could b
  
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• Kiss Frontman Gene Simmons: Bitcoin Is Volatile but It’s Not Dead

  26-04-2019 21:56
  By CCN: Don’t believe the hype. Gene Simmons may promote many things, but he doesn’t go near anything unless he has an “emotional connection,” to it, he once told CNBC. Apparently, bitcoin is near and dear to his heart and the crypto winter didn’t freeze him out. Simmons was among those in attendance at a recent crypto event for family offices, which is another way of saying, wealthy investors. Considering his net worth of approximately $300 million, the Kiss co-fou
  
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• Gun Stocks Shoot Higher After Trump Ignites Base at NRA Convention

  26-04-2019 21:53
  By CCN: President Trump did more than just trigger his base when he spoke at the NRA’s annual meeting Friday. He also fired up gun stocks when he dropped the surprise announcement that his administration plans to withdraw the U.S. signature from the U.N. Arms Trade Treaty. Most of the major gun sellers saw their stock prices move higher following the president’s speech. Trump Rails at Anti-Gun Democrats, Yanks U.S. from U.N. Arms Treaty During NRA Speech “Under my Administratio
  
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• Crypto Wallet Startup Ledger Detects Phishing Malware Targeting Desktop App

  26-04-2019 21:49 via cointelegraph.com
  Hardware crypto wallet manufacturer Ledger has warned users about malware targeting its desktop app
  
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• KuCoin Exchange Blocks Crypto Wallet Allegedly Involved in RChain Token Scam

  26-04-2019 21:35 via cointelegraph.com
  KuCoin exchange blocked a crypto wallet allegedly involved in a recent RChain token scam
  
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• Insurance Broker Marsh Rolls Out Proof of Insurance Blockchain App to US Clients

  26-04-2019 21:04 via cointelegraph.com
  Toronto-based global insurance broker Marsh will soon roll out its proof of insurance blockchain platform to U.S. commercial clients
  
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• Pro-Bitcoin Ohio Bill Promotes Government Adoption of Blockchain

  26-04-2019 21:03
  By CCN.com: A bill introduced this week in the Ohio House of Representatives urges government entities to adopt blockchain, the technology underpinning bitcoin. Republican state representative Rick Carfagna sponsored the bill. The legislation, called House Bill 220, is part of Ohio’s plan to provide a legal framework for distributed ledger technology such as blockchain (see text below). Rep. Carfagna did not return CCN’s calls for comment. The legislation would enable the establishme
  
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• Tether (USDT), A Blip and Another Opportunity For Bitcoin (BTC) Bulls

  26-04-2019 21:00 via newsbtc.com
  Bitcoin (BTC) shed $4 billion after NY OAG sue iFinex
  Tether controversy force Bitcoin liquidationThe OAG of New York is after iFinex, and from their documents, officials say the Hong-Kong based exchange, BitFinex are contravening NY Laws and therefore suing them. With additional evidence that the exchange “raided” Tether’s coffers and probably affecting the peg, clients are worried. Even so, Bitcoin (BTC) is stable, reversing earlier losses.
  Bitcoin Price Analysis
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• DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin

  26-04-2019 20:57 via cointelegraph.com
  Ether and instability: What MakerDAO needs to do before DAI can become crypto’s “default” stablecoin.
  
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• Crypto Markets Slump, Oil Prices Report Losses

  26-04-2019 20:39 via cointelegraph.com
  Crypto markets are in the red, with bitcoin SV the only coin showing gains among the top 20 coins
  
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• Regulation: Indian Government Introduces Cryptocurrency Bill, Clues on Bakkt Delay from CFTC Chair

  26-04-2019 20:33
  India to Ban Cryptocurrencies and Regulate Official Digital Currencies
  The Indian government has served appropriate government agencies and departments with a draft bill on cryptocurrency regulation. This is part of the inter-ministerial consultation process necessary for proposed laws. The bill, if passed into law, will ban cryptocurrencies and provide regulations for official digital currencies.
  The Department of Economic Affairs (DEA), Central Board of Indirect Taxes and Customs (CBIC), Cent
  
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• Bitcoin Price: 3 Catalysts Fueling the Crypto Market’s Next Titanic Rally

  26-04-2019 20:30
  By CCN: Ignore that Tether-induced Bitcoin price sell-off. Why? Because Fundstrat Global Advisors’ Tom Lee says that crypto spring has sprung. Speaking with CNBC, the Bitcoin bull revealed that proprietary Fundstrat analysis indicates that the flagship cryptocurrency has begun to storm into a bull market. Translation: prepare for the Bitcoin price to continue pounding higher. Bitcoin bull @Fundstrat's Tom Lee says he has three signs crypto spring has sprung. Check it out pic.twitter.com/wS
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 26

  26-04-2019 20:16 via cointelegraph.com
  Where are major coins heading in the near term? Let’s consult the charts
  
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• Dow Staggers After Vicious GDP Imbalance Rattles Bond Markets

  26-04-2019 20:01
  By CCN: The Dow and broader U.S. stock market struggled for direction on Friday after stronger-than-expected GDP data exposed significant imbalances in the world’s largest economy. Those imbalances rattled bond markets, sending yields lower. Dow Struggles Despite Strong GDP Growth All of Wall Street’s major indexes struggled for direction on Friday, which reflected a tepid pre-market for Dow futures. After dropping by as much as 70 points, the Dow Jones Industrial Average edged up 14
  
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• Dow Finally Pulls Ahead After Vicious GDP Imbalance Rattles Bond Markets

  26-04-2019 20:01
  By CCN: After struggling for much of the session, the Dow and broader U.S. stock market pulled ahead Friday even as stronger-than-expected GDP data exposed significant imbalances in the world’s largest economy. Those imbalances rattled bond markets, sending yields lower. Dow Rallies; S&P 500, Nasdaq Hit New Highs All of Wall Street’s major indexes struggled for direction earlier in the day, which reflected a tepid pre-market for Dow futures. After dropping by as much as 70 points
  
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• Ripple (XRP) Drop 12 Cents But With Yoshitaka, Fortunes will Change

  26-04-2019 20:00 via newsbtc.com
  Ripple (XRP) sink 12 percent
  Yoshitaka Kitao, the CEO of SBI, is now a Ripple Inc board memberBringing on board Yoshitaka Kitao, the president of SBI Holdings is bullish for Ripple (XRP). It’s not hard to see why. He brings expertise that would guide Ripple Inc towards world domination. Meanwhile, Ripple (XRP) is down 12 percent retesting Q1 2019 support.
  Ripple Price Analysis
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  The crypto and blockchain space never settles. It’s always on a mill and sometimes slowed down
  
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• Funding Approved for Audit of Ethereum’s ProgPoW Mining Proposal

  26-04-2019 20:00
  Funding has been raised to conduct a technical audit over "ProgPoW" – a hotly-debated proposal to change ethereum's mining algorithm.
  
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• Bitfinex, Tether Clap Back at NY Attorney General in Coordinated Defense

  26-04-2019 19:55
  By CCN: Within a day of learning it had to cease operating in New York, Bitfinex issued a rebuttal desperately trying to explain it is financially solid. Its letter coincided with one from Tether. On Thursday, New York Attorney General Letitia James obtained a court order to shut down the pair from operating in the state over the loss of $850 million funds through some questionable happenings. Both Bitfinex and Tether claim the Attorney General’s move was in bad faith. Bad Faith Move,
  
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• Weekly roundup April 22 – April 26

  26-04-2019 19:40
  Another week has passed in the cryptosphere as 2019 is now almost four months old. Bitcoin mostly ranged in the $5,000s this week. Meanwhile, headlines hosted Tether (USDT) negativity, Ledger malware and more. Catch up on the news from the past several days!
  TD Ameritrade shows bitcoin paper tradingAn April 22 tweet from Twitter user Cryptopolis oddly showed bitcoin trading on the mainstream NASDAQ stock exchange, via popular online trading platform TD Ameritrade.
  The trading turned out only to
  
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• Dow Poised to Blast to New All-Time High on ‘Really Strong’ GDP

  26-04-2019 19:34
  By CCN: The Dow Jones Industrial Average has slightly dipped over the past four days by around 150 points after the U.S. stock market index neared all-time high levels. The Dow’s pullback closely followed the strong recovery of the U.S. stock market in recent months, as strategists warned that stocks had become too expensive for retail investors. But, with the U.S. economy in a strong position after recording a 3.2 percent growth rate in the first quarter of 2019 and the Federal Reserve re
  
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• Elon Musk Silences Carnival Barker Jim Cramer over PT Barnum Jab

  26-04-2019 19:32
  By CCN: Tesla CEO Elon Musk shrugged off CNBC host Jim Cramer’s latest dig the way one would shoo away a pesky fly at a picnic. “Cramer is a simulation,” Musk snarked on Twitter. “He’s not real.” Musk was reacting to Cramer’s criticism that Elon is a “master deflector” like the late P.T. Barnum. “He deflects, deflects, deflects. I’ve never seen anything like it. He’s the master deflector. He is P.T. Barnum.” Cramer is
  
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• Elon Musk Disses Carnival Barker Jim Cramer over PT Barnum Jab

  26-04-2019 19:32
  By CCN: Tesla CEO Elon Musk shrugged off CNBC host Jim Cramer’s latest dig the way one would shoo away a pesky fly at a picnic. “Cramer is a simulation,” Musk snarked on Twitter. “He’s not real.” Musk was reacting to Cramer’s criticism that Elon is a “master deflector” like the late P.T. Barnum. “He deflects, deflects, deflects. I’ve never seen anything like it. He’s the master deflector. He is P.T. Barnum.” Cramer is
  
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• Google Trends Data Shows BSV’s Delisting Controversy Wasn’t All Bad News for the Altcoin

  26-04-2019 19:26 via feedproxy.google.com
  
  All publicity is good publicity. Yes, this is a massively overused phrase, but it holds true in the Bitcoin space. Whether the price is skyrocketing towards the moon or crashing back down to reality, the media tends to cover the story with the same level of interest. When looking at the Google Trends data for […]
  The post Google Trends Data Shows BSV’s Delisting Controversy Wasn’t All Bad News for the Altcoin appeared first on Coinjournal.
  
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• Tron and Justin Jumble, Baidu Disappointment, Liverpool FC Deny Deal

  26-04-2019 19:00 via newsbtc.com
  Tron (TRX) retesting Jan 13-14 lows
  Liverpool FC crash Sun’s expectationsTron and Justin Sun are good at marketing, but their claims for partnership with Liverpool FC were untrue after the club’s spokesperson denial of such an arrangement. Good news is Tron (TRX) prices are stable above 2.1 cents meaning there is a window for higher highs towards 3.1 cents or 4 cents.
  Tron Price Analysis
  Fundamentals
  To rival Ethereum and outdo competitors, then Tron honchos must do everything to on
  
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• Fake California Cop Racket Targets Victims in Bitcoin Phone Scam

  26-04-2019 18:49
  By CCN.com: A notice on the official website for the City of Berkeley police department warns residents of phone scams involving Bitcoin. Calling them “cyber-enabled fraud crime,” the post talks about a woman who scammers attempted to victimize via telephone – even calling her from the number 911. The scammer claimed she was under investigation for drug trafficking and should give all the money in her bank account to avoid arrest. The scammer wanted Bitcoin. Scammers Impersonat
  
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• India Banning Bitcoin is Becoming Highly Likely, New Bill Introduced

  26-04-2019 18:36 via newsbtc.com
  The Indian inter-ministerial committee has drafted a bill to ban cryptocurrencies like bitcoin.
  Subhash Chandra Garg, the Finance Secretary who led the committee, has previously gone on record to warn of the folly of investing in cryptocurrencies. And while the bill is only at the consultation stage, the long term outlook for crypto in India does not look promising.Cryptocurrencies like bitcoins are neither currency nor coin. Not legal tender in India at all. Trade in these currencies has assume
  
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• Uber IPO Hype Machine Sputters as Stock Pricing Exposes True Valuation

  26-04-2019 18:34
  By CCN: The Uber IPO is one of the most anticipated stock market debuts of the year as the ridesharing company plans to raise $10 billion, but the company’s amended S-1 filing suggests that it won’t be anything more than a damp squib. Uber expects its IPO to be priced in a range of $44 to $50 per share. The ridesharing specialist will be offering up to 180 million shares of its common stock. Those numbers translate into a market cap well below the $100 billion valuation it was report
  
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• $10 Million in Paxos Stablecoins Printed Overnight Following Tether Allegations

  26-04-2019 18:15
  More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether.
  
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• Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters

  26-04-2019 18:10
  By CCN.com: For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam. Samoan Church Involved in Global Multi-Billion Dollar Cryptocurrency
  
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• Stock Mysteriously Surges 275% in April & Nobody Knows Why

  26-04-2019 17:31
  By CCN: The US stock market has enjoyed a tantalizingly-buoyant month. The Dow Jones Industrial Average and S&P 500 each climbed more than 3 percent, while the Nasdaq soared more than 7 percent on blockbuster tech earnings. One micro-cap stock, however, left Wall Street’s major indices in its dust, rising 275 percent to lead the market. Even more amazing is that absolutely nobody has the foggiest clue why. Yuma Energy Stock Soars 275% & Not a Single Person Can Explain It According
  
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• SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO

  26-04-2019 17:23 via cointelegraph.com
  New Japanese crypto exchange SBI Virtual Currencies has managed to achieve profitability in the first year of its launch, according to its new financial report
  
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• Mt. Gox Trustee Extends Deadline for Rehabilitation Claims

  26-04-2019 16:58
  The civil rehabilitation is not used to resuscitate Mt. Gox business but rather as a more flexible form of bankruptcy.
  
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• Tokyo Bitcoin Trustee Gains Court Extension for Mt Gox Crypto Rehabilitation

  26-04-2019 16:39
  By CCN.com: The Mt. Gox trustee, who is in charge of distributing what remains of Mt. Gox’s assets to claimants, also known as “creditors,” put in for an extension on the filing deadline, which would have been today. The deadline has been extended about six months, to October 28th. Get your claims in by October 2019 The trustee posted a note to the Mt. Gox website yesterday stating that there are too many claims in various stages of dispute for a final decision to be reasonably
  
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• Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog - CCN

  26-04-2019 16:20
  Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog  CCNBy CCN.com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to ...
  
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• Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog

  26-04-2019 16:17
  By CCN.com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports. He is also the Joint Secretary of Ministry of Corporate Affairs for the Government of India. His support comes as the country’s lawmakers are drafting a bill that woul
  
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• SeedInvest Gains FINRA Approval as Alternative Trading System a Month After Circle Buyout

  26-04-2019 16:10 via cointelegraph.com
  Regulator approval for SeedInvest to offer secondary shares trading comes a month after its Circle acquisition
  
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• Prominent Investor: Institutions are Paying Attention to Bitcoin, Sentiment is Changing

  26-04-2019 16:00 via newsbtc.com
  Anthony “Pomp” Pompliano is back at it again with his relentless attempts to convince institutions, high net-worth individuals, and the public at large to delve into cryptocurrencies, especially Bitcoin (BTC). As many on Crypto Twitter would say, Pomp it!
  Wealthy Families Listen In On Bitcoin Presentation 
  Thursday did see the cryptocurrency market hit by news that a “black swan” event is on the horizon, which some fear could crash BTC by thousands of dollars, but pu
  
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• Circle’s SeedInvest Takes Step Toward Tokenizing Stocks With Trading License

  26-04-2019 16:00
  SeedInvest, the equity crowdfunding platform owned by crypto startup Circle, just got a license to facilitate trading of traditional securities.
  
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• Dow Slumps But Key Stock Eyes Thanos-Sized Boost from Avengers: Endgame

  26-04-2019 15:57
  By CCN: The Dow slumped into Friday’s trading session, as the stock market failed to push even further into record territory. However, key DJIA component Disney could receive a Thanos-sized boost from “Avengers: Endgame,” which is already smashing records and could target a $1 billion global opening. Dow Slumps But Bullish GDP Rescues Index from Collapse The Dow Jones Industrial Average slipped at the opening bell, and by 9:52 am ET the stock market bellwether had lost 37.48 po
  
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• Ledn and Cryptobuyer Partner to Provide Crypto Loans in SA

  26-04-2019 15:53
  Suffering crippling economic mismanagement, many South Americans have eagerly embraced cryptocurrency
  
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• Crypto Divided Over Tether, Some “Unequivocally” Bullish On Bitcoin

  26-04-2019 15:22 via newsbtc.com
  What many thought would never happen did on Thursday. Just days after Tether Limited, the company behind the USDT stablecoin, minted $300 million worth of its crypto asset, reports revealed that its operator, iFinex, may be on thin ice. It was claimed that prominent Bitcoin (BTC) exchange Bitfinex was unable to keep up with customer withdrawals in late-2018, leading to the exchange dipping into Tether’s pockets.
  Related Reading: Hacked Bitcoin Moves: 300 of Bitfinex Users’ BTC Moves
  
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• Doing The Math Homework On Bitcoin - Seeking Alpha

  26-04-2019 15:17
  Doing The Math Homework On Bitcoin  Seeking AlphaLet's do some math from industry experts to calculate a fair price for Bitcoin and also its future price. John McAfee, the creator of McAfee antivirus, says he.
  
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