Cryptocurrency news

• China’s Huawei Quashes Analyst’s Bullish Apple Stock Price Prediction

  01-05-2019 23:26
  By CCN: Wall Street is showering love on Apple’s stock. The iPhone maker recently hit a $1 trillion valuation. Analysts and investors are willing to overlook the problems with the company’s second-quarter earnings report, including Gene Munster. He believes that Apple’s stock could rally more than 70% in the next couple of years. '@LoupVentures Gene Munster says Apple is heading to $350. Here's why $AAPL pic.twitter.com/nrtrvmWOSe — CNBC's Fast Money (@CNBCFastMoney) Apri
  
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• TrustToken Launches Stablecoin Backed by Canadian Dollar

  01-05-2019 23:14 via cointelegraph.com
  TrustToken has released its latest stablecoin, TrueCAD, which is tied to the Canadian dollar at a 1:1 ratio
  
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• Square’s Bitcoin Revenue Jumped to $65.5 Million in Q1, Its Highest Ever

  01-05-2019 23:05
  A quarterly earnings report from Square shows the payments firm seeing strong growth in bitcoin sales.
  
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• The Crypto Burn Book

  01-05-2019 23:00
  "And they have this book, this burn book, where they write mean things about all the girls in our grade." Presenting crypto's very own burn book.
  
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• Bitcoin Trader: Big Money is Net Long, Re-Accumulation Expected at $10K

  01-05-2019 23:00 via newsbtc.com
  In recent months, Bitcoin price has been following an uptrend ever since the leading crypto by market cap retested bear market lows at $3,350 where it bounced off support at the 200-week moving average. Even new Tether FUD or fears over Bitfinex’s insolvency have not been enough to cause a major pullback aside from a quick drop that Bitcoin quickly rebounded from over the weekend.
  One reason for the lack of any clear dips on Bitcoin price charts, or any retests of former resistance turned
  
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• Bitfinex Shareholder Provides More Details About Potential $1 Billion Token Sale

  01-05-2019 22:55
  Bitfinex shareholder Zhao Dong has detailed the timing and features of the exchange's potential $1 billion token sale.
  
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• Crypto ATM Operator CoinFlip Postpones Tether Stablecoin Listing

  01-05-2019 22:31 via cointelegraph.com
  Crypto ATM operator CoinFlip has postponed support for Tether’s stablecoin USDT as the firm wants assurance that “Tether and Bitfinex are fully abiding by U.S. law”
  
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• Remarkable! More Americans Hold, Show Interest in Bitcoin: Poll

  01-05-2019 22:30
  By CCN: According to a new survey commissioned by Blockchain Capital, 11% of American adults hold bitcoin. The results are broken down into people aged 18-34, 35-44, 45-54, 55-64, and 65 and older. Americans Over 65 Know What Bitcoin Is The last group presents the most exciting results, in that they are a group not commonly associated with technology or cryptocurrency at all. However, only 12% of that group hadn’t heard of bitcoin. Additionally, at least 20% of this group was “somewh
  
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• Dow Plummets at the End of Trading as Fed’s Powell Stokes Rate-Hike Jitters

  01-05-2019 22:25
  By CCN.com: The Dow and broader U.S. stock gave up gains in the final hour of trading Wednesday, as investors dissected a statement from the Federal Reserve that seemed to imply the door was still open to future rate rises. Dow Gives Up Gains All of Wall Street’s major indexes opened higher, reflecting a strong pre-market for Dow futures. However, the gains began to erode by the afternoon session and completely reversed in the final hour of trading.  The Dow Jones Industrial Average p
  
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• The Number of Cryptocurrency Wallet Users Keeps Rising - Bitcoin News

  01-05-2019 22:13 via news.bitcoin.com
  The Number of Cryptocurrency Wallet Users Keeps Rising  Bitcoin NewsData published recently shows that the number of cryptocurrency wallet users has been steadily increasing over the years, almost independently of the ...
  
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• How Governments Could Kill Cryptocurrency - ETHNews

  01-05-2019 22:07 via ethnews.com
  How Governments Could Kill Cryptocurrency  ETHNewsEconomist Saifedean Ammous talks about the effects of banning cryptocurrency and how governments could kill the industry.
  
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• MakerDAO Demos Tech to Back Stablecoin DAI With Any Crypto Asset

  01-05-2019 22:05
  A highly anticipated upgrade to the programmatic lending platform MakerDAO will also feature a brand new webpage design for users.
  
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• Crypto Bulls Rejoice As Bitcoin (BTC) Monthly Candle Closes Above Resistance

  01-05-2019 22:00 via newsbtc.com
  At the start of April, Bitcoin price broke through resistance at $4,200, triggering a massive rally across the crypto market and a cascading effect of trader’s stops being hit, creating an hour-long price spike of nearly $1,000 per BTC. Analysts believe the initial surge was caused by a single actor who had a strategy in mind, planning to cause as much price impact as possible.
  Regardless of the reason behind the surge in Bitcoin price to over $5,000 where it is currently ranging, the powe
  
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• CFTC Chair: ‘Explosion of Interest’ in Crypto May Spawn New Clearinghouses

  01-05-2019 21:30
  CFTC Chairman Giancarlo expects new firms to apply to become federally-regulated clearinghouses so they can offer crypto futures.
  
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• Crypto Markets See Mild Green, European Stocks Report Record-Breaking Calm

  01-05-2019 21:29 via cointelegraph.com
  After yesterday’s positive market momentum, almost all of the top 20 cryptos are seeing mild green on the day at press time, seeing typical growth of between 1 and 7%
  
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• ‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs

  01-05-2019 21:20
  By CCN.com: Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U.S. government gives the asset a thumbs-up, American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman, outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing. That doesn’t mean they’re not interested in the technology, however. Chavez notes, “We still
  
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• Jinx: Fed Chairman’s History of Rate Decisions Looms Over the S&P 500

  01-05-2019 21:17
  By CCN: It’s easy to see why the stock market-obsessed presidency of Donald Trump doesn’t like what Jerome Powell is doing. The Federal Reserve chairman has hurt the performance of the S&P 500 in all but one rate decision, as the following tweet by CNBC’s Bob Pisani demonstrates: S&P 500 on Fed Days (under Powell) $SPY @federalreserve 3/21/18: down 0.2% 5/2/18: down 0.7% 6/13/18: down 0.4% 8/1/18: down 0.1% 9/26/18: down 0.3% 11/8/18: down 0.3% 12/19/18: down 1.5% 1/30/
  
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• Tron (TRX) Blow, Tether (USDT) Reason for Reward Postponement

  01-05-2019 21:00 via newsbtc.com
  Tron (TRX) prices ranging
  Justin Sun postpones USDT rewards in light of USDT troublesTechnically, Tron (TRX) is in an uptrend, but before 4 cents, bulls must clear 3.1 cents. Spurring that may be fundamentals, but with Justin Sun postponing USDT rewards, it may be a while before TRX demand rise.
  Tron Price Analysis
  Fundamentals
  The circus around iFinex promise to be disastrous for BitFinex—a trusted exchange laden with scandals, and Tether Limited—caught lying about reserves backing
  
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• Cryptocurrency Q1 roundup: How did Ethereum perform? - The Next Web

  01-05-2019 20:47 via thenextweb.com
  Cryptocurrency Q1 roundup: How did Ethereum perform?  The Next WebEthereum has had a stable first quarter in 2019. Over the first three months it proved uncharacteristically stable as its price grew 2 percent.
  
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• Report: Blockchain Sports Platform Will Not Buy English Football Club With Crypto

  01-05-2019 20:42 via cointelegraph.com
  Blockchain sports investment firm SportyCo will reportedly not purchase professional football club Hull City AFC with crypto
  
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• Crypto ATM Operator Postpones Tether Buying ‘Until the Smoke Clears’

  01-05-2019 20:35
  Crypto ATM firm CoinFlip has postponed adding the Tron version of USDT, citing the New York Attorney General's Tether probe.
  
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• Satoshi Nakamoto v. ‘Fake News’: Craig Wright Lashes Out at Crypto Media

  01-05-2019 20:21
  By CCN.com: According to Decrypt reporter Ben Munster, Craig Wright specifically lashed out at CCN during his recent appearance at Oxford University. Wright believes CCN to be “owned by a group of people who are backing alt-chains, who are backing multiple coins, who are backing unregulated and uncontrolled exchanges.” CCN’s incentive is to increase readership None of which meshes with the facts of CCN’s ownership. CCN, unlike our major competitor and several who fancy th
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 1

  01-05-2019 20:21 via cointelegraph.com
  Are any major cryptocurrencies showing buy setups? Let’s consult the charts
  
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• Coinbase Shifting Focus Due to Growing Institutional Investor Interest in Crypto

  01-05-2019 20:13 via cointelegraph.com
  After shutting down its Political Action Committee and Chicago office, Coinbase says it is shifting focus to the big demand coming from institutional investors
  
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• Sly: Is the UK Blocking Julian Assange’s US Extradition by Jailing Him?

  01-05-2019 20:00
  By CCN: WikiLeaks Co-Founder Julian Assange has been sentenced to 50 weeks in jail by a UK court for violating bail conditions back in 2012 when he took refuge inside the Ecuadorian embassy as he feared being extradited to the U.S. via Sweden. Julian Assange will now have to spend at least half of his sentence, around six months, in a UK prison that could potentially delay his extradition to the U.S. as it throws open the possibility of yet another twist in the tale. Assange will have to se
  
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• CEO’s Delight, Ripple (XRP) Has Low Correlation With Bitcoin (BTC)

  01-05-2019 20:00 via newsbtc.com
  Ripple (XRP) down 6.4 percent
  Low correlation with Bitcoin prices means XRP is the best diversifierBrad Garlinghouse must be happy, Ripple (XRP), a Binance research report reveals, has a low correlation with Bitcoin (BTC). Because of that, it is a good diversifier for investors willing to spread out their risks. Nonetheless, Ripple (XRP) prices are down, shedding 6.4 percent in the last week.
  Ripple Price Analysis
  Fundamentals
  Based on historical cryptocurrency market performance, diversificati
  
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• Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment - AMBCrypto News

  01-05-2019 19:31 via ambcrypto.com
  Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment  AMBCrypto NewsBank of America [BoA], the second largest bank in the United States based on assets held has signaled their concern for the cryptocurrency community...
  
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• Crypto-Friendly Quebec Discounts Electricity, Luring Bitcoin Miners into Canada

  01-05-2019 19:24
  By CCN.com: Canada aims to lure cryptocurrency miners by offering cheap electricity in Quebec. The city’s energy authority, Régie de l’énergie, has asked its largest power provider to set aside an additional 300 megawatts of discounted energy for new bitcoin mining projects. Until now, crypto mining has been fiercely concentrated in China. But as Beijing mulls an outright ban on bitcoin mining, the industry is flocking to Canada. Décision de la Régie de l'
  
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• Bitcoin Gained In April. What's Next For The Cryptocurrency? - Forbes

  01-05-2019 19:18 via forbes.com
  Bitcoin Gained In April. What's Next For The Cryptocurrency?  ForbesWill bitcoin prices enjoy additional upside in the coming months?
  
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• Binance Stablecoin? CZ in Possible Tip of the Hand Is a Little Coy

  01-05-2019 19:10
  By CCN: Just when you thought the crypto market had no room for another stablecoin, the head of the largest crypto exchange hinted that he might be making room. Binance CEO Changpeng “CZ” Zhao didn’t flat out promise a Binance stablecoin, but he was close. A follower on Twitter suggested that if Binance were to issue a stablecoin, it would bolster the use case for BNB, using other projects as a litmus test for its potential success. As usual, CZ is way ahead of crypto Twitter:
  
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• Tether (USDT) Promotion, Bitcoin (BTC) Likely to Print Higher

  01-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) in an uptrend but down 4.3 percent
  Tether’s reserve low and the peg isn’t 1:1 against the USDIt is now emerging that USDT’s reserves don’t tally with what’s in circulation. That means Tether Limited is lying and investors may flock to safety driving Bitcoin prices up. At the moment, BTC is down 4.3 percent from last week’s close.
  Bitcoin Price Analysis
  Fundamentals
  Because of all the drama, investors are reluctant. However, that is not to say th
  
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• Ex-Ripple CTO Launches Blogging Platform to Pay Content Creators XRP

  01-05-2019 19:00
  The Coil blogging platform offers tipping via XRP and future plans to work with a variety of assets.
  
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• Austin Transportation Partners With Iota Foundation to Develop Interoperability Ecosystem

  01-05-2019 18:53 via cointelegraph.com
  The nonprofit Iota Foundation has partnered with Austin Transportation to develop a more interoperable transportation ecosystem
  
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• Report: Indictment Reveals Connection to Bitfinex, QuadrigaCX’s Shadow Banking Services

  01-05-2019 18:46 via cointelegraph.com
  The recent indictment of two individuals on multiple counts reveals an apparent connection to the shadow banking services that were used in two crypto exchange scandals
  
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• Cryptocurrency: Investment, Inheritance, Wallet Transfers - The National Law Review

  01-05-2019 18:41 via natlawreview.com
  Cryptocurrency: Investment, Inheritance, Wallet Transfers  The National Law ReviewCryptocurrency: can digital assets be inherited? Capital Gains & Income tax implications but what happens to digital wallet on death, with lack of private key for ...
  
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• U.S. Taxpayers Can Receive Federal or State Tax Refunds in Bitcoin

  01-05-2019 18:03
  By CCN.com: U.S. taxpayers can receive all or part of their federal and state tax refunds in bitcoin. This is being made possible through a collaboration between blockchain payments processor BitPay and Refundo, a provider of tax-related financial products. In a statement, Refundo says its CoinRT product is especially useful for low-income communities that don’t have checking accounts and often resort to paying high check-cashing fees. That said, Refundo’s CoinRT service is not free.
  
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• ‘Drop Gold’ Now: Crypto Investment Firm Advertises Bitcoin as Superior

  01-05-2019 18:00
  By CCN: Grayscale Investments is starting a movement urging all investors to drop gold and replace it with the better store-of-value, bitcoin. In a Monday morning Medium post, the digital asset management group announced its new #DropGold campaign. Beyond a catchy hashtag, the anti-gold campaign includes a website, upcoming debate, and a television ad push. Their commercial makes a compelling argument. Why is #gold still in your portfolio? #DropGold — Grayscale (@GrayscaleInvest) May 1, 20
  
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• AMD Radeon VII: The Best GPU for Cryptocurrency Mining? - CryptoGlobe

  01-05-2019 17:56 via cryptoglobe.com
  AMD Radeon VII: The Best GPU for Cryptocurrency Mining?  CryptoGlobeThe recently released AMD Radeon VII graphics card appears to be the latest champion of GPU crypto mining, reportedly able to achieve a hash rate of 90 MH/s ...
  
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• Kentucky Derby Betting with Cryptocurrency Continues Despite Crypto Winter, Reports US Racing - Associated Press

  01-05-2019 17:49 via apnews.com
  Kentucky Derby Betting with Cryptocurrency Continues Despite Crypto Winter, Reports US Racing  Associated PressLOUISVILLE, Ky.--(BUSINESS WIRE)--May 1, 2019--US Racing ( www.usracing.com ), an international online horse racing *service*, advised that usage of ...
  
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• Techstars-Backed Alkemi Enters DeFi Race With $16 Million Liquidity Pool

  01-05-2019 17:45
  This new startup wants to plug exchanges, funds and other traditional players into the broader DeFi movement.
  
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• World No.1 Blockchain Game Publishing Platform Mixmarvel Held News Conference Successful in South Korea

  01-05-2019 17:37
  World No.1 Blockchain game publishing platform MixMarvel completed news conference successfully in Seoul, South Korea. The event was taken place at 7 PM on April 30th, giving those interested in the blockchain game the chance to meet the team behind it. MixMarvel partners from all around the globe gathered in Seoul to join the event, with a boast able attendee of more than 500. On the spot, MixMarvel invited the audiences to witness the achievements it has accumulated during past few years, and
  
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• Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

  01-05-2019 17:29 via cointelegraph.com
  Grayscale Investments launches a pro-bitcoin ad campaign arguing that gold investors are living in the past
  
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• Kentucky Derby Betting with Cryptocurrency Continues Despite Crypto Winter, Reports US Racing - Yahoo Finance

  01-05-2019 17:17 via finance.yahoo.com
  Kentucky Derby Betting with Cryptocurrency Continues Despite Crypto Winter, Reports US Racing  Yahoo FinanceUS Racing (www.usracing.com), an international online horse racing *service*, advised that usage of cryptocurrency to place wagers on the Kentucky Derby will ...
  
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• Justice Department Charges Payment Processor of Bitfinex

  01-05-2019 17:11
  Two individuals have been charged with shadow banking services to crypto exchanges, Bitfinex among them
  
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• Cosmos (ATOM) Suddenly Becomes Top-15 Cryptocurrency after Binance Listing - Hacked

  01-05-2019 17:06 via hacked.com
  Cosmos (ATOM) Suddenly Becomes Top-15 Cryptocurrency after Binance Listing  HackedCosmos (ATOM), a lesser-known proof-of-stake cryptocurrency, surged on Wednesday after Binance confirmed it has listed the nascent token on its exchange.
  
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• Kraken user reports losing 1.6 BTC, new BitPay partnership introduces bitcoin tax solution, CoinJoins increasingly used for anonymity

  01-05-2019 17:05
  Kraken User Complains on Reddit about Missing 1.6 BTC
  Reddit user u/Fu_Man_Chu, who doubles as a Kraken user, recently complained about strange happenings on his Kraken account. In a r/Cryptocurrency subreddit post, u/Fu_Man_Chu stated that he found his account empty 24 hours after depositing 1.6 BTC.
  u/Fu_Man_Chu also noticed 37 pages of unauthorized trades on his account. This led him to believe that a hacker had gained control of his account.
  Interestingly, there were no withdrawals, transfe
  
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• Once in a Decade: Amazon Stock Sees Golden Cross, Bullish Indicator

  01-05-2019 17:00
  By CCN: In the past 30 days, Amazon’s stock (AMZN) has increased from $1,500 to $1,926 year-to-date, surging by more than 28.4%. The strong momentum of AMZN led a key technical indicator called the short-term 50-day moving average to surpass a long-term 200-day moving average, flashing the infamous “golden cross.” Golden Cross Confirms Bullish Momentum for Amazon (AMZN) According to Ari Wald, the head of technical analysis at Oppenheimer, an investment bank with more than $25 b
  
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• Crypto’s Mark Zuckerberg Pitches ‘SpaceX Coin’ to Elon Musk

  01-05-2019 16:48
  By CCN.com: The CEO of Binance, the world’s largest bitcoin exchange, is courting Elon Musk to hop on the crypto bandwagon by teasing a proprietary SpaceX cryptocurrency. CZ: Crypto can finance space exploration Binance CEO Changpeng Zhao made the pitch on Twitter, where he quipped: “SpaceXcoin, Elon Musk. Space exploration shall be funded globally using crypto. Investors shall have their names inked on the blockchain.” Zhao has been called the “Mark Zuckerberg of Crypto&
  
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• The Hull City AFC ‘cryptocurrency’ buyout has quietly fallen through - The Next Web

  01-05-2019 16:41 via thenextweb.com
  The Hull City AFC ‘cryptocurrency’ buyout has quietly fallen through  The Next WebContrary to reports from last year, English Championship football club Hull City AFC won't be getting acquired by cryptocurrency crowd funding platform ...
  
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• Calvin Ayre Splashes the Cash Again, Invests in CryptoFights

  01-05-2019 16:09
  This is the third investment the BSV-backer has made in the past couple of weeks
  
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