Cryptocurrency news

• Top 5 Crypto Performers: BTC, XEM, BSV, ETH, BNB

  28-04-2019 23:53 via cointelegraph.com
  As markets react to the Bitfinex/Tether scandal, let’s take a look at the top 5 crypto performers this week
  
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• Goldilocks Economy Sends Dow Soaring in 2019, but Can the Party Last?

  28-04-2019 23:44
  By CCN: If you’re not careful, you’ll get whiplash from the speed at which the mood in the market is changing. We’ve gone from a doom-and-gloom recessionary outlook to one that’s now sunny skies ahead. In fact, the stars appear to have aligned for a Goldilocks economy – inflation is low, the economy is expanding, and stocks are racing to new highs as a result. The Dow and the S&P 500 have climbed 14% and 17% higher year-to-date, respectively, and it’s only
  
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• Historically Bearish Technical Formation May Spell Trouble for Bitcoin Bulls

  28-04-2019 23:30 via newsbtc.com
  Bitcoin’s recent upwards momentum has led to a massive shift in the overall sentiment surrounding the crypto markets, as enthusiasm is tepidly increasing as more investors believe that the BTC’s 2018 lows are truly a long-term bottom.
  Despite this, one of Bitcoin’s fundamental indicators is currently flashing a bearish signal that has historically been followed by large retraces, which could put BTC’s recent price surge in jeopardy.
  Bitcoin (BTC) Climbs to Over $5,300 as
  
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• Bitfinex & Tether Under Fire As New York Attorney General Investigates Possible $850 Million Fraud

  28-04-2019 23:30 via crypto-news.net
  Speculation of insolvency, and rumors of foul play are surrounding Bitfinex as New York Attorney General Letitia James has filed a claim against the exchange’s parent company, iFinex, accusing it of financial fraud. The claim asserts that the company has moved as much as USD $850 million held in reserve for the Tether stablecoin into Bitfinex accounts to make up for a massive funding gap. BItfinex and Tether are technically separate entities, but they are owned and operated by the same ind
  
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• Bitfinex Premium Continues To ‘Rally’ Even After Bitcoin (BTC) Stabilizes, Tether Fears Subside

  28-04-2019 23:00 via newsbtc.com
  If you’ve checked Crypto Twitter or *insert your favorite trade publication* over the past 72 hours, NewsBTC is sure that the Tether and Bitfinex news, along with the effect this debacle has had on the Bitcoin (BTC) price, has been on your radar. But if you are somehow unaware, here’s a brief recap:
  On Thursday, the New York Attorney General’s (NYAG) office published a press release, in which it was stated that Bitfinex and Tether were in violation of New York law thr
  
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• MakerDAO CTO Departs, Points to Internal Conflicts

  28-04-2019 22:44 via cointelegraph.com
  The company behind the decentralized algorithmic Ethereum-based stablecoin DAI has recently seen the departure of its CTO, Andy Milenius
  
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• Could Growing Investments in Crypto Funds Signal Improving Fundamental Strength?

  28-04-2019 21:30 via newsbtc.com
  It’s no secret that many crypto investors are hanging their hopes on institutional and corporate investments as the next catalyst that will send the markets surging back towards, or past, their all-time-highs.
  Despite this, the 2018 market crash and ensuing bear market has tempered the speed at which these groups have entered the nascent markets, but now that the markets appear to be on the up-and-up, more large investments may begin pouring in.
  Will Crypto Funds Continue to Surge in Popul
  
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• British Baroness’ $325 Million Luxury Bitcoin Development Suffers Delays

  28-04-2019 20:28
  By CCN: Scottish lingerie tycoon and parliamentarian Baroness Michelle Mone seems to be stuck in a second failed crypto venture. Her £250m ($325 million) condo development in Dubai that would be sold for bitcoin is on hold. Government officials who’ve visited the site of what The Sunday Times calls a “bitcoin bolthole” say construction has stopped. Mone was planning to sell two bedroom apartments for £185,000 worth of bitcoin after developing the Aston Plaza Project
  
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• Bitcoin (BTC) Bulls Firm Even if BitFinex May Refute NY AG Fraud Claims

  28-04-2019 20:00 via newsbtc.com
  Bitcoin price successfully recover Apr-25 losses
  BitFinex says they are good players in the digital space and would protect their clients from NY OAG attacksDespite Apr-25 blip, BitFinex commitment is unwavering. Concurrently, Bitcoin bulls are resilient, and even with a threatening drop, buyers are back as prices snap back to primary trend. The way BTC shook off bears is suggestive of strong underlying support, and in that case, BTC may easily extend to $6,000.
  Bitcoin Price Analysis
  Fundament
  
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• Analyst: Bitcoin Isn’t ‘Hungover’ Anymore, But Don’t Expect A Rally Just Yet

  28-04-2019 20:00 via newsbtc.com
  As traders have begun to realize that the news regarding the financial status of Tether Limited (USDT’s issuer) and Bitfinex isn’t all too harrowing, Bitcoin (BTC) has recently stabilized. In fact, analysts have claimed that the crypto market’s lack of reaction to the seemingly bearish news shows strong fundamental strength, and may, in fact, be a precursor to a bull run.
  Related Reading: Bitcoin Price Reaction to Tether Fiasco May Signal Strong Fundamental Strength
  However, a
  
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• Binance research: XRP is the best diversifier, new Cosmos (ATOM) listing, more on Tether, Bitfinex

  28-04-2019 19:50
  Binance Research Report: XRP is the Best Diversifier
  Binance Research has ranked XRP as the best diversifier with a market cap above $3 billion.  This is one of the key takeaways from a recent report published by the research branch of Binance exchange on 26th April 2019. The report, which is titled, “Categorizing Cryptoassets: A Return-Driven cluster Analysis,” focuses on the correlation between cryptocurrencies in terms of price.
  The research analyzed the top 30 cryptoassets
  
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• Hodler’s Digest, April 22–28: Top Stories, Price Movements, Quotes and FUD of the Week

  28-04-2019 19:46 via cointelegraph.com
  This week in the Hodler’s Digest, Bitfinex and Tether land in hot water, and Samsung may be thinking about a Samsung Coin
  
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• Warren Buffett Can’t Catch the S&P, Seems Jealous of Bitcoin’s Success

  28-04-2019 18:55
  By CCN: Far be it from this columnist to criticize one of the most successful stock market investors of all time, but maybe Warren Buffett’s just jealous of bitcoin. A stock market genius who began investing at 11 year’s old, Buffett’s company Berkshire Hathaway is now trailing the S&P 500. That’s got to hurt. Worse, over the past decade, investors would have been better off putting their money into the S&P 500 than his company’s stock. The Financial Times,
  
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• Warren Buffett Can’t Catch the S&P, Seems Envious of Bitcoin’s Success

  28-04-2019 18:55
  By CCN: Far be it from this columnist to criticize one of the most successful stock market investors of all time, but maybe Warren Buffett’s just jealous of bitcoin. A stock market genius who began investing at 11 year’s old, Buffett’s company Berkshire Hathaway is now trailing the S&P 500. That’s got to hurt. Worse, over the past decade, investors would have been better off putting their money into the S&P 500 than his company’s stock. The Financial Times,
  
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• Even With Samsung, Ethereum (ETH) Bulls Must Nullify Q4 2018 Bears

  28-04-2019 18:00 via newsbtc.com
  Ethereum (ETH) steady above $150
  After rumors of a public-private blockchain, Samsung investing in crypto projectsSamsung is investing in crypto projects. Through Samsung Ventures, the electronics giant channeled $2.9 million in Ledger before investing an undisclosed amount in ZenGo which managed to raise $4 million. Meanwhile, Ethereum (ETH) is recovering after retesting $150 support.
  Ethereum Price Analysis
  Fundamentals
  Talks of Ethereum 2.0, Serenity and EIP 1234 apart, the involvement of Sa
  
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• Ontology to Launch Regulated USD-Backed Stablecoin PAX on its Blockchain

  28-04-2019 17:43 via cointelegraph.com
  A new version of the USD-backed stablecoin Paxos Standard will be launched on the enterprise blockchain platform Ontology
  
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• Digitex Futures Delays Launch of Zero-Fee Futures Exchange, Cites Development Hiccups

  28-04-2019 17:34 via newsbtc.com
  The much awaited zero-fee futures exchange, Digitex Futures has postponed its launch date. The team behind the venture, led by founder and CEO Adam Todd has regretfully announced the change in plans due to few unforeseen technical shortcomings.
  The announcement was accompanied by a public apology recorded in a video by Todd. In the video, he explains the issue at hand and states the reasons behind such a decision. Bearing full responsibility for the issue, he has stated that the circumstances ar
  
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• I Tried to Get People to Give Away Bitcoin – And They Did

  28-04-2019 15:30
  Some of bitcoin's earliest adopters have made a fortune holding onto the coins, and Connie Gallippi wanted to give them a way to help other people. Turns out bitcoiners are quite the philanthropists too.
  
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• Cosmos Soars 27% Upon Binance Listing, Crypto Community Raves

  28-04-2019 15:21
  By CCN.com: ATOM, the native crypto asset of the highly anticipated Cosmos blockchain network, has been listed by Binance, the world’s largest crypto exchange. Changpeng Zhao, the CEO of Binance, said that the development team behind Cosmos refused to communicate with exchanges regarding listing opportunities but Binance proactively listed it due to its support of the project. “Here is a project that refused to even talk to an exchange about listing (and we have a good relationship w
  
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• Murder, Censorship and Syria: Crypto and the Future of Uprisings

  28-04-2019 14:25
  One technologist's imprisonment and execution in Syria exemplifies the parallel use of technology for both liberation and repression – and why bitcoin and other censorship resistant tech is needed in such areas. Meet Bassel Khartabil.
  
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• Know Before You “Exchange”: Cryptocurrency Trading Platforms - WHNT News 19

  28-04-2019 13:55 via whnt.com
  Know Before You “Exchange”: Cryptocurrency Trading Platforms  WHNT News 19In the new world of cryptocurrencies and blockchain technology, several *service* providers have emerged to assist users in managing their cryptocurrencies.
  
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• Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

  28-04-2019 13:36
  By CCN.com: A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme. An accidental discovery The report, which was published on April 23, claims that the State Department of Drug Trafficking (Denarc) in Porto Alegre, Rio Grande do Sul came upon a house where cryptocurrencies were being mined as they were on the trail of a suspected drug trafficker. Given that Bitcoin mining is
  
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• Here’s Why Fortnite Doesn’t Need a Lame Avengers Crossover

  28-04-2019 13:07
  By CCN.com: Fortnite is a phenomenon. A money-chugging, time-sucking behemoth of a game that has upset the apple cart, closed down gaming studios that couldn’t compete, and reset the clock. Epic Games stumbled across the winning formula way back in 2017 when another battle royale-style game, Player Unknown’s: Battlegrounds, was keeping everyone busy. Since then it’s grown into a $2.4 billion money-printing machine, and it shows no signs of slowing down. Fortnite's Avengers: End
  
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• ‘Blockchain Bandit’: How a Hacker Has Been Stealing Millions Worth of ETH by Guessing Weak Private Keys

  28-04-2019 12:43 via cointelegraph.com
  There are at least 732 weak private keys on the Ethereum blockchain alone which are being exploited by a “blockchain bandit”, who has amassed almost 45,000 ETH at this point. Learn more in our interview with security researchers who found him
  
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• Cryptocurrency Funds projected to drop by almost 40 percent in 2019; crypto-winter woes? - AMBCrypto News

  28-04-2019 11:30 via ambcrypto.com
  Cryptocurrency Funds projected to drop by almost 40 percent in 2019; crypto-winter woes?  AMBCrypto NewsCryptocurrency, as a concept, was meant to be a tool for financial freedom untethered from a sovereign entity, one that was pegged to be a method of...
  
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• Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

  28-04-2019 10:58
  By CCN.com: A police investigation involving bitcoin machines at Tampines One Mall in Singapore saved a 32-year-old man from scammers impersonating officials. They also helped a 49-year-old man not to transfer any more of his bitcoin to the alleged lying thieves. Singapore police warned on Saturday: “Do not fall for scammers who impersonate officials from China and ask victims to transfer money using bitcoin machines.” Also: “No government agency in Singapore will demand paymen
  
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• Crypto Market Wrap: Ontology Still Moving on Paxos Partnership

  28-04-2019 10:36 via newsbtc.com
  Crypto markets consolidate on Sunday; Bitcoin holding steady, BNB still gaining, Ontology making bigger moves.
  Market Wrap
  The weekend has been typically quiet on crypto markets but that is preferable over further declines. Total market capitalization has remained above $170 billion which keeps markets within their range bound channel.
  Bitcoin snuck over $5,300 a few hours ago during morning trading in Asia and is heading that way again at the time of writing. Currently trading at just below tha
  
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• Russia is all set to test cryptocurrency in four regions | Cryptopolitan - Cryptopolitan

  28-04-2019 08:30 via cryptopolitan.com
  Russia is all set to test cryptocurrency in four regions | Cryptopolitan  CryptopolitanRussia, a state known to control digital resources is currently preparing to permit testing of innovative methods of money transfer. Recently a bill has be.
  
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• How NYDFS May Outlaw Any Cryptocurrency Exchange - U.Today

  28-04-2019 07:04 via u.today
  How NYDFS May Outlaw Any Cryptocurrency Exchange  U.TodayThe New York State Department of Financial Services revealed a bazooka that may lead to scattering the activities of any crypto exchange falling under US ...
  
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• Bitcoin (BTC) Price Eyeing Last Line Of Defense: Buy Dips?

  28-04-2019 07:00 via newsbtc.com
  There was a strong decline in bitcoin price below the $5,280 support level against the US Dollar.
  The price even spiked below the $5,000 support level and it is currently consolidating above $5,100.
  There is a major bullish trend line in place with support at $5,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair could bounce back as long as there is no weekly close below the $5,000 support level.Bitcoin price started consolidating losses after a strong decline agains
  
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• Ethereum (ETH) Price Larger Dip Underway: Bulls Losing Grip

  28-04-2019 06:08 via newsbtc.com
  ETH price declined heavily this past week and broke the $166 and $160 supports against the US Dollar.
  The price even broke the $155 support level and traded close to the $146 level.
  There is a crucial bearish trend line formed with resistance at $172 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair could correct higher in the short term, but it is likely to face sellers near $160 or $162.Ethereum price declined below important support levels versus the US Dollar and bitcoin. ETH
  
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• McAfee Says His Bitcoin Debit Card’s Coming Soon. Can We Believe Him?

  28-04-2019 02:30
  By CCN: John McAfee just tweeted out from somewhere in the Bahamas a teaser image for a new crypto debit card. The dotcom, anti-virus-millionaire promises the Visa-branded bitcoin card will be coming soon. From the teaser promo, it appears you can use your card to spend bitcoin anywhere Visa is accepted. McAfee has a history of making false promises, the most recent of which was that he would reveal the identity of bitcoin creator Satoshi Nakamoto. So for all those in crypto land who are waiting
  
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• How Will E*Trade Handle Cryptocurrency Fees? - Ethereum World News

  28-04-2019 02:23 via ethereumworldnews.com
  How Will E*Trade Handle Cryptocurrency Fees?  Ethereum World NewsOn April 26, Bloomberg reported an anonymous source familiar with the situation claiming that E*Trade, one of the more popular U.S.-based online trading ...
  
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• Bad News for Tron is a Good Sign for Cryptocurrency as Football Comes Calling - Hacked

  28-04-2019 01:31 via hacked.com
  Bad News for Tron is a Good Sign for Cryptocurrency as Football Comes Calling  HackedJustin Sun's invite from Liverpool FC didn't turn out to be the partnership he'd hoped for, but the association is still a good sign for cryptocurrency.
  
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• Satire Site "Coin Jazeera" Now Ridiculing Cryptocurrency Reporting and Culture - Crowdfund Insider

  28-04-2019 01:24 via crowdfundinsider.com
  Satire Site "Coin Jazeera" Now Ridiculing Cryptocurrency Reporting and Culture  Crowdfund InsiderA dedicated news satire site has been making quick work of arguably dubious cryptocurrency products, personages and news sites since its launch three.
  
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• Bitcoin Pushes Over $5,300 as Most Top Cryptos See Gains

  28-04-2019 01:03 via cointelegraph.com
  Bitcoin is over the $5,300 mark as most of the top 20 cryptocurrencies report slight to moderate gains on the day
  
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• Mutual Owners, Mutual Funds: What We Know About the Bitfinex/Tether Scandal

  28-04-2019 00:14 via cointelegraph.com
  Both Bitfinex and Tether are in deep trouble due to allegedly misusing funds — learn more about one of the biggest crypto scandals of 2019
  
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