Cryptocurrency news

• New Research Finds Estonia Challenging Switzerland’s Crypto Valley Blockchain Leadership

  02-05-2019 23:50 via feedproxy.google.com
  
  The small Baltic state of Estonia is rapidly emerging as a leading blockchain hub, now hosting some 700 blockchain companies with foreign shareholders and challenging the Swiss city of Zug, also known as Crypto Valley, according to a new research by ORS CryptoHound, a blockchain and artificial intelligence (AI) analytics startup. ORS CryptoHound, which interviewed […]
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• US District Attorney Seeks to Retain Defendant in Crypto Shadow Banking Crypto Case

  02-05-2019 23:40 via cointelegraph.com
  A U.S. District Attorney is seeking to retain a defendant in custody in a case of shadow banking for crypto companies
  
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• US District Attorney Seeks to Retain Defendant in Crypto Shadow Banking Case

  02-05-2019 23:40 via cointelegraph.com
  A U.S. District Attorney is seeking to retain a defendant in custody in a case of shadow banking for crypto companies
  
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• Facebook Sets Ugly Precedent by Censoring Alex Jones

  02-05-2019 23:40
  By CCN: Facebook announced today that it’s banning some of its most bombastic pundits for violating its policies against dangerous or violent individuals and organizations. Those banned included InfoWars founder Alex Jones and InfoWars lieutenant Paul Joseph Watson. Also booted were Milo Yiannopoulos, Laura Loomer, and Louis Farrakhan. In a statement, the company explained: “We’ve always banned individuals or organizations that promote or engage in violence and hate, regardless
  
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• Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud

  02-05-2019 23:35
  Microsoft will promote JPMorgan Chase's Quorum blockchain to the software giant's business customers in a newly created partnership.
  
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• DAI Stablecoin’s Stability Fee Nears 20% After Latest MakerDAO Vote

  02-05-2019 23:17
  The MakerDAO lending platform will be increasing fees by 3 percent in an effort to retract stablecoin DAI supply and push token prices up to dollar valuation.
  
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• Bitcoin Generation Claps Back at SEC Over ‘Reckless’ Trading Suspension

  02-05-2019 23:00
  By CCN: Following the suspension of trading in Bitcoin Generation (BTGN), a regulated exchange based in Oklahoma whose stock trades in the OTC market, the company has responded. SEC “Highly Prejudicial,” Says Bitcoin Generation The company says the U.S. SEC did not even inquire with them before freezing trading. CEO Deniz Hadjiev wrote this reporter saying, in part: “We welcome regulators involvement into the crypto industry, but what we don’t accept is a unilateral
  
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• Bitcoin Continues to Rise: But is the Bottom Really in?

  02-05-2019 23:00 via newsbtc.com
  A new report by market Delphi Digital has reiterated the firm’s earlier position that Bitcoin has already bottomed. The analysts focused primarily on the percentage of coins not being transacted for more than a year relative to previous market cycles.
  The researchers form part of a growing number of analysts who believe that Bitcoin bottomed in December last year. However, some still hold that Bitcoin will move down before it moves back into raging bull mode once again.
  Delphi Digital: The
  
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• Rocket League: Epic Buyout Likely Means It’s Game Over for Steam Users

  02-05-2019 22:56
  By CCN: Epic Games is buying Psyonix, and to say that many in the Rocket League community are unhappy is putting it woefully mildly. The Fortnite creator is desperate for exclusives to prop up its Epic Games Store against Steam. Flush with cash after Fortnite’s jaw-dropping success, they have claimed one of the shining jewels of the esports movement. Despite Psyonix alleging they won’t leave Steam users out in the cold, it seems inevitable that winter is coming for Rocket League&rsqu
  
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• New Zealand Churches Deny Affiliation With Crypto Ponzi Scheme OneCoin

  02-05-2019 22:56 via cointelegraph.com
  A New Zealand church accused of colluding with a crypto Ponzi scheme to defraud the congregation has denied participating in illegal activity
  
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• Indian Tech Giant Tech Mahindra to Combat Spam Phone Calls With Blockchain

  02-05-2019 22:45 via cointelegraph.com
  Indian technology company Tech Mahindra announced it will be implementing an anti-spam call solution based on blockchain technology
  
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• Indian Tech Firm Tech Mahindra to Combat Spam Phone Calls With Blockchain

  02-05-2019 22:45 via cointelegraph.com
  Indian technology company Tech Mahindra announced it will be implementing an anti-spam call solution based on blockchain technology
  
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• Coinbase Wallet Adds Support for Dogecoin to Wallet App

  02-05-2019 22:34 via cointelegraph.com
  Customers of major U.S. crypto exchange Coinbase can now store DOGE on its wallet app
  
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• ICE Chief Says Crypto Winter Benefits Bakkt Takeovers

  02-05-2019 22:33
  Sprecher observed that the bears’ dominance has actually fostered massive innovation in cryptocurrencies.
  
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• World Gold Council Blinks, Claims Bitcoin’s ‘No Replacement for Gold’

  02-05-2019 22:00
  By CCN: Gold may have a value of $7.8 trillion, but it isn’t happy about giving any of that up to bitcoin, the latter of which has a market cap of $97.2 billion. A day after Grayscale unleashed its “Drop Gold promotion, a TV commercial that garnered 100,000 views in less than 24 hours, the World Gold Council is clapping back. Gold’s reputation as a store of value has gone pretty much uncontested for thousands of years – until bitcoin, which has earned the reputation as di
  
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• Square Cash App “Absorbing” 10% of Bitcoin Supply Daily, 200% Projected By 2020

  02-05-2019 22:00 via newsbtc.com
  One of the most interesting and advantageous design aspects that pseudonymous creator Satoshi Nakamoto built into Bitcoin, was the “halving” – a pre-programmed point in time in which miners receive a reduced block reward of BTC for confirming transactions on the network. Each halving event has been preceded by a major price surge in anticipation of the asset’s balance of supply and demand being thrown off. Some economists even believe that it’s the reason why Bitcoi
  
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• S&P 500 Stock Plunges 24% After Brutal Q1 Loss Stuns Investors

  02-05-2019 21:34
  By CCN: Stocks are broadly tanking today, but Fluor, Inc., a Texas construction outfit, is leading the charge, with a roughly 24% loss by press time. The company lost 48 cents per share and announced the resignation of its 8-year CEO David Seaton. Fluor reported quarterly losses of over $54 million, an increase of 200%, compared with this time last year. S&P 500 Company’s Earnings Report Triggers Immediate Sell-Off Fluor was the S&P 500’s worst-performing stock today, as inve
  
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• U.S. DOJ Moves to Detain Defendant in Crypto ‘Shadow Banking’ Case

  02-05-2019 21:20
  U.S. prosecutors want to detain Reginald Fowler until his trial for illicitly providing banking services to crypto exchanges.
  
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• Medici-Backed Blockchain Agricultural Project Now in Use in Mexico

  02-05-2019 21:12 via cointelegraph.com
  Medici Ventures-backed blockchain agricultural project GrainChain partnered with the Mexican state of Tamaulipas to expand its grain tracking solution
  
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• Dow Plummets as Oil Price Decline Spills Into Stock Market

  02-05-2019 21:01
  By CCN: The Dow and broader U.S. stock market extended their slide on Thursday, as plunging oil prices and a defiant Federal Reserve weighed on the major indexes. Dow Falls Triple Digits; S&P 500 Slides Further from Record Highs All of Wall Street’s major benchmarks traded lower, reflecting a tepid pre-market for Dow futures. The Dow Jones Industrial Average fell by as much as 250 points before paring losses later in the session. It closed down 122.35 points, or 0.5%, at 26,307.79. The
  
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• Mega-Banks Joining Ripple Despite XRP Sell-Pressure

  02-05-2019 21:00 via newsbtc.com
  Ripple (XRP) prices find support at 30 cents
  SABB launches Instant Cross-Border Transfer ServiceWith the facilitation of SAMA, the primary regulator in the Kingdom of Saudi Arabia, SABB, is part of the growing RippleNet family after launching Instant Cross-Border Transfer Service that will use XRP. Meanwhile, Ripple (XRP) prices are ranging with support at 30 cents.
  Ripple Price Analysis
  Fundamentals
  The traditional global finance network is rigid. Despite what it offers—and the acknowled
  
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• Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

  02-05-2019 21:00
  By CCN: Fidelity Digital Assets, a subsidiary of the world’s fourth-largest asset manager with $2.46 trillion in assets under management, said in a research paper that institutional investments in bitcoin and other crypto assets are likely to increase over the next five years. The research read: “Nearly half of respondents (47%) appreciate that digital assets are an innovative technology play. 46% find digital assets’ low correlation to other assets among the most appealing cha
  
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• Intercontinental Exchange Used ‘Crypto Winter’ to Scoop Up Digital Assets for Bakkt

  02-05-2019 20:59 via cointelegraph.com
  ICE was using low prices during the “crypto winter” to buy digital assets at a discount for its affiliated crypto trading platform Bakkt
  
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• Millions of people might soon be using cryptocurrency without knowing it - MIT Technology Review

  02-05-2019 20:54 via technologyreview.com
  Millions of people might soon be using cryptocurrency without knowing it  MIT Technology ReviewRocket Lawyer's new product, Rocket Wallet, could be one of the first practical uses for stablecoins that regular people can actually use.
  
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• Qtum Lets Users Deploy a Full Blockchain Node on Google’s Cloud Platform

  02-05-2019 20:40
  Qtum releases a new instant virtual machine service on Google's Cloud Platform.
  
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• Fidelity Investments Survey: 22% of Institutional Investors Own Digital Assets

  02-05-2019 20:19 via cointelegraph.com
  A recent survey by United States-based asset management firm Fidelity Investments showed that 22% of institutional investors already own digital assets
  
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• Square’s Skyrocketing Bitcoin Sales Prove Retail Investors Are All In

  02-05-2019 20:01
  By CCN: Square might have had a mixed first quarter performance, but the Cash App, which is where investors buy and sell bitcoin, was a bright spot. Bitcoin revenue nearly doubled to $65.5 million from $34 million in the year-ago period. Cash App volume, where the company boasts “15 million monthly active users,” expanded more than 100% since last year’s Q1. Square’s bitcoin revenue has been steadily increasing since Q1 2018, during a bear market no less. It’s a ref
  
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• Billion-Dollar Amazon Endorsement, But Why is Ethereum (ETH) Flat?

  02-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) prices down 3.5 percent
  After Elon Musk tweet, Amazon announces a tool that scale blockchainsAmazon now has an Amazon Managed Blockchain tool that businesses can use to create and manage scalable blockchain networks. It is an endorsement of blockchain, a day after Vitalik replied to Elon, listing opportunities that the platform can execute. Overly, this is bullish for Ethereum (ETH), and resulting demand may help lift prices above $190.
  Ethereum Price Analysis
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• Insane Tweet Exposes How Elon Musk & Tesla Hypnotize Investors

  02-05-2019 19:55
  By CCN: Kevin Rooke, a financial commentator with a soft spot for bitcoin, tweeted something truly bizarre this week: Tesla appears overvalued if one views it as a car company but undervalued if one views it as a tech company. If you think Tesla is a car company, it appears overvalued. If you think Tesla is a tech company, it appears undervalued. pic.twitter.com/bxlfSAXo9N — Kevin Rooke (@kerooke) May 1, 2019 It doesn’t appear to be an unreasonable thesis at first glance. But delve i
  
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• Vanbex Founders Sue Former Contractor for False Statements That Firm Was a Scam

  02-05-2019 19:41 via cointelegraph.com
  Following alleged fraud accusations, Canadian blockchain firm Vanbex filed a lawsuit against its former contractor for defaming the firm
  
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• Code For Ethereum’s Proof-of-Stake Blockchain to Be Finalized Next Month

  02-05-2019 19:31
  Ethereum Foundation researcher Justin Drake affirmed that plans to finalize code for ethereum's proof-of-stake blockchain were on track for June 30.
  
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• NYPD Enlists Bitcoin ATMs to Help Strangle Phone Scams

  02-05-2019 19:01
  By CCN: Crypto-oriented phone scams are alive and well across the country. One sneaky tactic involves posing as law enforcement, a crime in and of itself,  and then blackmailing victims into paying Bitcoin to avoid legal troubles. Following a case of precisely that in Berkeley, California, New York City police are actively pursuing a broader strategy to combat such scams, and it involves participation from companies that operate Bitcoin ATMs. NYPD & Bitcoin Startups Crack Down on Phone
  
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• Bitcoin’s Future is Shining but BTC Bulls under Liquidation Pressure

  02-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) stable above $5,000
  Adoption will drive BTC prices higherFor mainstream adoption of digital assets, there must be utility. Bitcoin as a peer-to-peer cash system is useful with a secure network that is censorship resistance and immune to politics. With increasing use fueled with next year’s halving, Bitcoin (BTC) is likely to expand.
  Bitcoin Price Analysis
  Fundamentals
  Bitcoin adoption is all about the number of individuals willing to ditch fiat and hold BTC. To satisfactoril
  
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• Clueless: Joe Biden’s China Gaffe Betrays Ex-VP’s Utter Economic Ignorance

  02-05-2019 18:06
  By CCN: At a recent campaign stop, Joe Biden balked at the idea that China competes with U.S. businesses. The apparently-clueless former vice president actually pointed to disadvantages in the geography of China’s territorial land. He also made a glib reference to corruption in Chinese society. As if the most hallowed halls of the American government and economy weren’t rotten to the core. As if the Obama administration had actually punished Wall Street for all that corruption fat-ca
  
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• Why Tether (USDT) is necessary in crypto

  02-05-2019 18:00
  As the cryptocurrency market matures and regulators break down on schemes that preserve anonymity and privacy, Tether (USDT) stands out as a bastion of cypherpunk resistance. In a world where Gemini advertises the “Revolutions need rules” tagline while pushing for their own stablecoin GUSD (the Gemini Dollar), and Coinbase tags along with Circle to promote USDC, there is very little room to avoid KYC/AML. As a matter of fact, trading on a regulated exchange which does not employ &ld
  
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• Chinese Crypto Exchanges List Bitfinex Token Futures after $850 Million Tether Scandal

  02-05-2019 17:27
  By CCN.com: According to Zirui Zhang, the head of business development at Neutral Project, a stablecoin backed by Sequoia Capital, a major venture capital firm with $1.4 trillion of market value, some crypto exchanges in China has listed Bitfinex token futures contracts. Latest: some exchanges in China already listed #bfx token’s futures contract… people are trading over there based on the assumption that there’s not enough evidence and court will delay its decisions… &
  
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• Qtum’s Unita protocol for enterprise-grade blockchains explained by project’s CIO

  02-05-2019 17:15
  The developers of Qtum, a leading open-source public blockchain platform, announced last month the launch of Unita, a protocol that aims to “solve some of the biggest obstacles for businesses seeking to adopt” distributed ledger technology (DLT).
  This, according to a press release shared with Crypto Insider on April 18th, 2019, which revealed that “Qtum’s compatibility with common programming languages enables a wider group of developers to implement Unita’s blockc
  
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• Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities

  02-05-2019 17:08 via cointelegraph.com
  Recent regulation allows for digital shares and tokenized securities depositories, according to Thai SEC deputy secretary-general Tipsuda Thavaramara
  
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• Eureka! Tesla Targets $2 Billion in Capital Raise, TSLA Shares Fly

  02-05-2019 17:06
  By CCN: Maybe Tesla could be a $4,000 stock after all. Elon Musk has unlocked the formula for gains in the Tesla (TSLA) share price. Tesla’s stock soared as much as 5% after the company unveiled details about a much-needed capital raise in which Musk kept his cards close to the vest during the company’s recent earnings call. The electric vehicle company is looking to raise $2.3 billion from a series of stock offerings that includes Elon Musk purchasing $10 million in common stock, or
  
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• How to find cryptocurrency market capitalisations - Yahoo Finance

  02-05-2019 17:00 via finance.yahoo.com
  How to find cryptocurrency market capitalisations  Yahoo FinanceTraditionally, market capitalisation (or market cap, as it mostly known in the trading and investing sphere), refers to the total dollar market value of a company's ...
  
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• 22% of Institutional Investors Have Some Digital Asset Exposure: Fidelity

  02-05-2019 17:00
  Institutional investors are increasingly open to adding digital assets to their portfolios, suggests new research from Fidelity Investments.
  
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• Crypto Markets See Gentle Green, US Stocks Edge Lower at Opening Bell

  02-05-2019 16:56 via cointelegraph.com
  Yesterday’s mild market movements continue, with most of the top twenty cryptocurrencies seeing mild green on the day at press time
  
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• Why Are Tesla Haters So Vicious? Elon Musk Looks For Answers

  02-05-2019 16:48
  By CCN.com: Elon Musk has taken to Twitter to question the army of Tesla haters that bet against Tesla stock. In an exchange with Y-Combinator co-founder Paul Graham, Elon Musk acknowledged that his company is targeted by a “fleet of haters” unlike anything else in the industry. Graham initially asked his 1 million + Twitter followers to explain the animosity towards the electric car company: “Tesla has a fleet of haters who must search for tweets mentioning the company in orde
  
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• Why Pharma Stock ABIO Skyrocketed a Mind-Blowing 100%

  02-05-2019 16:37
  By CCN.com: Biopharmaceutical company ARCA biopharma (NASDAQ: ABIO) led the stock market yesterday with a mind-blowing 98.64% gain on the day. The ABIO stock price rocketed following an announcement that the company had a critical research paper published in JACC: Heart Failure, part of the Journal of American College of Cardiology. Why Is This Publication Important? ARCA biopharma is currently working on treating cardiovascular diseases with genetically-targeted therapies. Their lead product ca
  
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• Crypto ‘Winter’ Is Giving Bakkt’s Bitcoin Futures Plan a Boost, ICE Chief Says

  02-05-2019 16:20
  ICE CEO Jeffrey Sprecher says crypto winter has been "helpful" to bitcoin futures exchange Bakkt by letting it buy firms on the cheap.
  
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• Seed Equity Capital Rebrands as CoinZoom Securities

  02-05-2019 16:17
  The firm's name change reflects its growing efforts to move into the digital assets space
  
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• Bolivar to Bitcoin Volumes Hit All-Time High as Venezuela Crisis Intensifies

  02-05-2019 16:07
  By CCN.com: As the political and economic crisis in Venezuela escalates, citizens of the South American country are taking refuge in Bitcoin. In the final week of April, a record amount of Venezuelan bolivars were spent buying bitcoin per Coin Dance. Specifically, bitcoin worth more than 36.5 billion bolivars were purchased last week. The previous record was bitcoin worth 31.3 billion bolivars which were purchased earlier last month. The record purchase of bitcoin coincided with a rise in politi
  
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• Binance Unveils Latest Compliance Partnership Targeting Anti-Money Laundering

  02-05-2019 16:07 via cointelegraph.com
  Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion
  
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• Mueller Report: Bitcoin Transactions in the Investigation

  02-05-2019 16:00
  There was a lot of agitation about the publication of the Mueller report amongst the politically-involved populace. The long-awaited document is 450-pages long; however, the most interesting bits (no pun intended) are the allegations that the GRU (The Main Directorate of the General Staff of the Armed Forces of the Russian Federation) had/has been running a “bitcoin mining operation to secure bitcoins used to purchase computer infrastructure used in hacking operations” and that it k
  
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• London Stock Exchange Watching for ‘Interesting’ Blockchain Use Cases: CEO

  02-05-2019 16:00
  The London Stock Exchange is waiting to see which blockchain use cases gain traction before taking the plunge itself, CEO Nikhil Rathi has said.
  
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