Cryptocurrency news

• Moody’s Misses the Point on Blockchain Tech, Fears ‘Systemic’ Risk

  29-04-2019 23:30
  By CCN: Moody’s is one of the world’s best-known rating agencies, and it appears they are ready to admit they see some upside in blockchain technology. They also claim there are systemic risks to conventional finance from the adoption of the tech. Moody’s Is Concerned About “Concentrated Risk” When Using Blockchain Yes, you heard that correctly. Moody’s angle is not that blockchain technology is displacing and disrupting archaic financial systems. Instead, the
  
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• Bitcoin Dominance Moves to 2019 High: Is This The Start of Crypto Decoupling?

  29-04-2019 23:00 via newsbtc.com
  Over the last few days, Bitcoin dominance has moved to its highest point relative to the rest of crypto market so far in 2019. Although far too early to categorically state as such, this could be a sign of the decoupling that some analysts have stated necessary for a true Bitcoin bull-run to begin once again.
  An alternate theory, however, is offered by Fundstrat Global Advisors’s Tom Lee. The perma-crypto-bull believes that the bear market is already over and that altcoin prices will likel
  
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• XRP Overpriced for a Remittance Settlement Cryptocurrency – Researcher - ZyCrypto

  29-04-2019 22:49
  XRP Overpriced for a Remittance Settlement Cryptocurrency – Researcher  ZyCryptoThe cryptocurrency ecosystem is a very diverse one with thousands of cryptocurrency projects, most of which are designed for certain unique uses. XRP is ...
  
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• Number of Infected Electrum Bitcoin Wallets Reaches 152,000

  29-04-2019 22:46 via cointelegraph.com
  Anti-malware software firm Malwarebytes discovered that the number of infected Electrum wallets has amounted to 152,000
  
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• Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

  29-04-2019 22:20
  By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. Techrock uses the blockchain to track every step of a product’s lifecycle and rewards consumers for verifying it through their mobile phones. Chinese Consumers Increasingly Willi
  
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• Microsoft Outlook Email Breach Targeted Cryptocurrency Users - Motherboard

  29-04-2019 22:17
  Microsoft Outlook Email Breach Targeted Cryptocurrency Users  MotherboardEarlier this month, Motherboard broke the news that hackers were not only able to access Outlook users' email metadata as previously reported, but also email ...
  
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• Fundstrat’s Tom Lee Predicts New All-Time Highs for Crypto by 2020

  29-04-2019 22:17 via cointelegraph.com
  Bitcoin bull Tom Lee has said that cryptocurrencies will likely hit new historic highs by 2020
  
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• Facebook CEO’s Sleep Box Ignites Savage Zuckerberg Laugh-Fest

  29-04-2019 22:03
  By CCN: Have you heard about Facebook CEO Mark Zuckerberg’s newest invention? It’s a box covering up a light to keep you from watching the clock when you should be falling asleep. Facebook Founder: Being a Mom is Hard. Here’s a Glowing Box to Show I Care. He built the contraption, called the “sleep box,” to help his wife sleep through the night. His eureka moment came when he concluded that being a mom is hard. This thoughtful invention was to show his wife he cares
  
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• Bitcoin (BTC) price might decline further: crypto analysts

  29-04-2019 22:00
  After last week’s Bitfinex and Tether news, bitcoin currently sits in consolidation around the $5,150 zone. Numbers from the Relative Strength Index (RSI) may show the asset has further to fall.
  Bearish divergence
  An April 29 article from ChepiCap pointed toward multiple technical analysts on Twitter who are speculating on a possible drop in bitcoin’s price.
  HornHairs, one of the mentioned Twitter users, made an observation on April 26 regarding bitcoin’s RSI levels, comparati
  
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• Bitcoin and Crypto Investors Are Torn Over Using Bitfinex After Accusation

  29-04-2019 22:00 via newsbtc.com
  This week, the New York Attorney General’s office accused Bitfinex of covering up an $850 million loss at the hands of its payments processing partner Crypto Capital, by syphoning money from Tether reserves. The news was enough to send the prices of Bitcoin and other crypto tumbling as much as 7 or more percent on the day, and nearly erased the bullish sentiment the market had been experiencing since the start of April.
  Despite the widespread fears and general unease surrounding Tether and
  
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• 3 Reasons Why Uber Strikes Out in Ridiculous Ploy to Be Amazon 2.0

  29-04-2019 21:39
  By CCN: Uber is priming investors for its much-vaunted IPO, but there’s a severe problem. Namely, this problem is that Lyft IPO was a complete disaster and Uber is tarred with the same ride-share brush. To avoid the stigma, the Uber team is seeking an alternative comparison, with the wildly successful Amazon. In honor of this blatant misdirection tactic, here are three reasons why “UBER” is nothing like AMZN. 1. Uber Doesn’t Have Unique Projects (Or Profits) Similar to Am
  
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• Dow Will Crash 91% to Reagan-Era Levels if Trump Loses in 2020: Fed Pick

  29-04-2019 21:18
  By CCN: The Dow and broader U.S. stock market rose Monday, bolstered by strong consumer spending data that pointed to a firm domestic recovery at the start of the year. Although markets are enjoying record highs for now, Donald Trump’s new Federal Reserve appointee thinks a 1929-style crash is likely if Democrats take control of the White House. Dow Gives Back Gains; S&P 500, Nasdaq Hit All-Time Highs All of Wall Street’s major indexes booked gains at the start of the week. The D
  
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• Do Insiders Own Shares In iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN)? - Yahoo Finance

  29-04-2019 21:16
  Do Insiders Own Shares In iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN)?  Yahoo FinanceWant to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you want to know who really controls ...
  
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• Billionaire Remains Bitcoin-Drunk Despite Crypto Firm’s Insane $272 Million Loss

  29-04-2019 21:10
  By CCN.com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150. Since December, within a five-month span, the crypto market has added $55 billion and bitcoin has recovered by 65 percent
  
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• Blocknance Launches First and Largest Bitcoin ATMs in Latin America

  29-04-2019 21:08
  SANTIAGO (April 21, 2019) –Cryptocurrency trader, Blocknance Financial International, has launched the first and largest Bitcoin ATMs in Latin America. Blocknance Financial International allows customers to purchase bitcoins and other cryptocurrencies on the spot.  The ATMs are located inside the company’s offices in Punta Cana, Santiago, Santa Bavaro, and La Romana so customers can safely execute their transactions.  Individuals new to the cryptocurrency concept can meet w
  
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• Bitcoin (BTC) Under Pressure, Reversing Apr-25 Losses Critical

  29-04-2019 21:00 via newsbtc.com
  Bitcoin prices may slide below $5,000
  To protect investors, an Indian government official suggests banning of cryptocurrenciesAn Indian official believes cryptos including Bitcoin are Ponzi schemes that the country’s regulator should ban. That is despite the acceptance in Japan and other governments taxing the asset like any other commodity. Even so, Bitcoin (BTC) is under pressure and risk dropping below $5,000.
  Bitcoin Price Analysis
  Fundamentals
  Well, after last week’s debate abo
  
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• Crypto Markets Drops as Bitcoin Fails to Hold $5,300 Support, Stocks Hit All-Time Highs

  29-04-2019 20:57 via cointelegraph.com
  Bitcoin fails to hold the $5,300 support, while most of the top 20 coins by market cap are seeing losses
  
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• Bitcoin ETF Setbacks Cost These Crypto Bulls a Mind-Boggling Fortune

  29-04-2019 20:45
  By CCN: Bitcoin Investment Trust (GBTC), described as “the first publicly quoted securities solely invested in and deriving value from the price of bitcoin” is an investment vehicle that enables investors in the public market to purchase bitcoin in a regulated and protected environment. Why These Crypto Investors Are Buying Bitcoin at $6,179 a Pop GBTC is the closest investment vehicle to an exchange-traded fund (ETF) in the sense that it enables investors to invest in bitcoin withou
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 29

  29-04-2019 20:39 via cointelegraph.com
  Let’s consult the charts and see if we spot any buy setups in major cryptocurrencies
  
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• Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million in 2018

  29-04-2019 20:35
  Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.
  
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• How Kim Kardashian’s CBD-Fix Could Set Cannabis Stocks on Fire

  29-04-2019 20:34
  By CCN: Everything Kim Kardashian touches seems to turn to gold. This could be true for investments, too, including cannabis stocks such as Aurora Cannabis (ACB). Kim Kardashian and Kanye West are expecting baby No. 4, and the mom-to-be is suffering from some anxiety. It’s nothing a little cannabidiol, or CBD, couldn’t cure, such as the kind made by Aurora Cannabis. The Kardashian-Wests are having the baby via surrogate, so don’t worry. Not to digress, but with their resources,
  
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• 'Satoshi Nakamoto' is Mining Cryptocurrency Again: Bitcoin Cash Attack Imminent? - Hacked

  29-04-2019 20:32
  'Satoshi Nakamoto' is Mining Cryptocurrency Again: Bitcoin Cash Attack Imminent?  HackedFor the past week, an unknown miner going by the name Satoshi Nakamoto has been mining cryptocurrency again – and it's not Bitcoin. In fact, this 'Satoshi' is ...
  
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• Tesla Rival BYD is Absolutely Killing It – But There’s an Enormous Catch

  29-04-2019 20:28
  By CCN: On the heels of a rather disappointing Tesla earnings call, Chinese electric car maker BYD Auto reported a stunning 632 percent increase in Q1 net profit. The company, backed by Warren Buffet, saw profits jump from 102.4 million yuan (~$16.2 million at that time) to 749.73 million yuan (~$111.4 million), Reuters reports. Remarkably, BYD stock seems unaffected by the news. China Is Falling in Love with Electric Vehicles We can credit the booming sales figures to the massive (and growing)
  
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• After Jaguar, IOTA Adds 14.6 Percent as Participation Expands 4.5X

  29-04-2019 20:00 via newsbtc.com
  IOTA prices surge 14.6 percent
  Partnership with Jaguar means rewarding drivers in IOTA, boosting adoptionJaguar announcement did stimulate IOTA bulls. At spot rates, IOTA is up 14.6 percent complete with high volumes, three times the average. Even so, IOTA is technically bullish after late Dec 2018 events thrusting prices above a seven-month resistance trend line.
  IOTA Price Analysis
  Fundamentals
  There is a re-awakening and leading the charts is IOTA, a coin whose founders say will power the wo
  
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• Bitcoin Stock Slapped with Trading Freeze Amid SEC Probe

  29-04-2019 19:45
  By CCN: Shares of Bitcoin Generation (BTGN), a little-known Bitcoin stock, last traded at 9 cents. They will remain there until at least May 10 while the Securities and Exchange Commission launches a probe into the Oklahoma-based company’s finances. US Regulators Investigate Public Crypto Exchange The Bartlesville, Oklahoma-headquartered company offers a regulated cryptocurrency exchange that supports Bitcoin, Bitcoin SV, Ethereum, Litecoin, XRP, and Monero. It bills itself as the first &l
  
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• “Cryptokicks”: What We Know About Nike’s Potential Gateway Into Crypto

  29-04-2019 19:41 via cointelegraph.com
  Mainstream brands continue their foray into the crypto market. Now, Nike has a chance to push Facebook aside — its crypto-based project “cryptokicks” is currently being registered as a trademark.
  
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• 'Cryptokicks': What We Know About Nike’s Potential Gateway Into Crypto

  29-04-2019 19:41 via cointelegraph.com
  Mainstream brands continue their foray into the crypto market. Now, Nike has a chance to push Facebook aside — its crypto-based project “cryptokicks” is currently being registered as a trademark.
  
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• Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

  29-04-2019 19:01
  The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.
  
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• Bitcoin Cash (BCH) Meltdown, down 17.8% Losing $700 million in 3 Days

  29-04-2019 19:00 via newsbtc.com
  Bitcoin Cash free fall, down 17.8 percent
  Hash rate, median transactional value and public addresses dismalRoger Ver is of the view that BCH is a medium of exchange coin, and Bitcoin supporters are lost. However, other statistics reveal that Bitcoin Cash activity is low with a median transactional value of less than one cent. At the same time, the hash rate is flat with dwindling public addresses.
  Bitcoin Cash Price Analysis
  Fundamentals
  On one end, Roger Ver, the main protagonist behind Bitcoi
  
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• Nike, Facebook, and Now Jaguar: Big Corporations Turn to Crypto

  29-04-2019 18:58 via newsbtc.com
  In a further sign of endorsement for the crypto industry, Jaguar Land Rover (JLR) Limited has announced the testing of a crypto payment system. Details released show the development of a smart wallet that allows users to earn while on the road. The system will use IOTA, which developers say has the advantages of a zero fee network and inherent scalability.
  JLR And IOTA, Another Coup For Crypto
  The car industry has suffered many upheavals in recent times. From dieselgate to exploding airbags, not
  
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• Bitcoin Futures Market Bakkt is Working Closely With BNY Mellon

  29-04-2019 18:51 via newsbtc.com
  Bakkt, a bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange, is working closely with a major U.S. bank BNY Mellon according to Bakkt COO Adam White.Read about @Bakkt's custody solution and why we've filed to become a NY trust, plus our acquisition of DACC and how we're working closely with @BNYMellon https://t.co/ecqMXWCoXe
  — Adam White (@WhiteAdamL) April 29, 2019To securely store the private keys of users that provide access to funds stored in crypt
  
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• NYSE-Linked Bitcoin Exchange Bakkt Just Unveiled a Major Acquisition

  29-04-2019 18:47
  By CCN: Bakkt – the cryptocurrency startup launched by New York Stock Exchange (NYSE) owner Intercontinental Exchange – just yanked the lid off the full range of its blockchain ambitions. The firm announced today that it has acquired Digital Asset Custody Company (DACC) as part of its efforts to gain regulatory approval for its crypto products. Reportedly, Bakkt is less concerned with merely building a Bitcoin exchange than they are with offering institutional custody and payment pla
  
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• Former CFTC Exec and Crypto Advocate Bart Chilton Dies at Age 58

  29-04-2019 18:47 via cointelegraph.com
  Bart Chilton, former U.S. CFTC commissioner and known crypto advocate, has died at age 58 after a sudden illness
  
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• Crypto influencers are confident the bottom is in, $350 premium on BTC at Bitfinex, Ethereum’s ProgPow update

  29-04-2019 18:43
  Crypto Influencers Are Up to 95% Certain The Bear Market’s Bottom is in
  Willy Woo, a well-known cryptocurrency analyst sought the views of industry experts on the probability that the bottom for the bear market is in. Anthony Pompliano, Kraken founder Jesse Powell, Arjun Balaji, Mike Novogratz of Galaxy Digital, ShapeShift chief executive Erik Voorhees, Tuur Demeester of Adamant Capital and Tone Vays were some of the popular experts that participated in the survey.I surveyed notable influ
  
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• How a Media Pundit’s Misguided Advice to Joe Biden Will Backfire

  29-04-2019 18:33
  By CCN: Joe Biden is depicted as the Democrats’ latest ‘Great White Hope’ for defeating President Trump in 2020. However, the reasons he’s being championed by one media pundit are the exact reasons why he doesn’t stand a chance. The former vice president has been stumbling about trying to recover from clumsy missteps that accompanied his presidential run announcement. He excited some, including Fox News contributor Jessica Tarlov. She thinks Biden has a “diffe
  
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• Baer Chain: Super Node Campaign List Announcement

  29-04-2019 18:30
  At 10:00 on April 28th, Singapore time, the Baer Chain Super Node campaign voting session have been officially ended. After a week of competition, 21 super nodes and 30 alternate nodes were successfully selected. Since its launch on April 1st, the MEP (Million Ecology Project) Super Node campaign has received wide attention and strong response from inside and outside the blockchain industry. The event was tracked by the head media inside and outside the industry and supported by members of
  
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• Bitmain Launches Antminer T17 at HR 40 TH/s, $1270 Per Unit

  29-04-2019 18:25
  The company is limiting orders to 10 units per user but this time with no restrictions on shipping to China and Taiwan.
  
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• SEC Temporarily Suspends Trading in Little-Known Bitcoin Miner’s Shares

  29-04-2019 18:20
  The SEC has temporarily suspended trading in shares Bitcoin Generation, a little-known crypto exchange and miner.
  
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• Schnorr Upgrade Set for Inclusion in Next Bitcoin Cash Hard Fork

  29-04-2019 18:13
  Bitcoin Cash's upcoming network upgrade will notably feature a new signature scheme dubbed Schnorr.
  
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• ICE’s Bakkt Announces Acquisition of Digital Asset Custody Company

  29-04-2019 18:07 via cointelegraph.com
  Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt has аcquired a crypto custodian service
  
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• Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

  29-04-2019 17:59
  Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.
  
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• Elon Musk Risks Blowback After Tesla Stock Plunges 31% in 2019

  29-04-2019 17:53
  By CCN: Due to a series of controversies including the shocking video of a Tesla Model S exploding in Beijing, a drastic shift to online sales, and a catfight between CEO Elon Musk and the U.S. Securities and Exchange Commission (SEC), Tesla had an underwhelming first quarter in 2019. Tesla Stock Down 31% in 2019 While US Market Embarks on Massive Recovery From January 11, within four months, Tesla’s stock price plunged from $347 to $239, by more than 31 percent. According to Hitin Anand,
  
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• SEC Suspends Trading in Securities of Crypto Exchange Bitcoin Generation

  29-04-2019 17:48 via cointelegraph.com
  The SEC has temporarily suspended trading in the securities of crypto exchange Bitcoin Generation
  
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• Pro-Bitcoin CFTC Commissioner Bart Chilton Dies Too Young at 58

  29-04-2019 17:37
  By CCN.com: Bart Chilton is dead at a mere 58 years old. He served in the CFTC between 2007 and 2014, initially selected by George W. Bush but reconfirmed throughout the Obama years. Bitcoin had barely entered the collective consciousness in a big way when he left his post, but he held strong opinions on the subject. Chilton was an ICO founder Chilton said in his later years that he wished had invested in Bitcoin sooner. In 2017, he backed an ICO that pegged its tokens to the value of oil. Recen
  
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• Apple Stock: Loup Ventures Prophecies Amazon-Trouncing 70% Rally

  29-04-2019 17:15
  By CCN: Apple stock inched higher on Monday, lifting the Silicon Valley staple one step closer to a $1 trillion valuation ahead of the iPhone maker’s earnings report on Tuesday afternoon. Apple Stock Sits on Brink of Dazzling 70% Rally Based on AAPL’s recent price action, it looks like investors are cautiously optimistic that the Tim Cook-led company will join its FAANG peers in smashing analyst estimates. However, even if Apple shocks Wall Street with a brutal quarter, Loup Ventures
  
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• Galaxy Digital Posts Net Loss of $272.7 Million for 2018

  29-04-2019 17:02 via cointelegraph.com
  Mike Novogratz’s crypto investment bank Galaxy Digital had a net loss of $272.7 million in 2018
  
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• Cryptocurrency market update: price dropping, volume dropping - Yahoo Finance

  29-04-2019 17:00
  Cryptocurrency market update: price dropping, volume dropping  Yahoo FinanceAt the time of writing, the cryptocurrency market is consolidating nicely, although volumes have been dropping across major exchanges. During the weekend ...
  
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• Institutional Love For Crypto Confirms Bitcoin Isn’t a Bubble

  29-04-2019 16:46 via newsbtc.com
  Bitcoin (BTC) is the 21st century’s version of tulip mania. That’s the argument that cryptocurrency cynics have lobbed at BTC since its earliest years in circulation. But, more and more evidence is showing that crypto assets, especially Bitcoin, are much more than a flash in the pan, and will instead be a revolutionary technology that will change paradigms. Let’s look at the argument for this thesis.
  Digital Tulips? 
  Due to their lack of viable uses, the tulip bubble of ye
  
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• UK Baroness’ Luxury Bitcoin Property Project Reportedly Suffering Delay

  29-04-2019 16:30
  A British baroness' luxury residential project targeting the crypto rich has been put on hold, says The Times.
  
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• 7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Perma-Bull Tom Lee

  29-04-2019 16:30
  By CCN.com: Bitcoin permabull and Fundstrat Global co-founder, Tom Lee says the worst is over for bitcoin. In an interview with CNBC, Lee said the bitcoin price will likely see a new all-time high in 2020, eclipsing the previous $20,000 mark. Lee is famous for inflated bitcoin price predictions, but he backed up the latest forecast with seven key indicators. 1. The bitcoin halving is coming Every four years, the bitcoin block reward is cut in half to maintain the strict 21 million supply. It giv
  
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