Cryptocurrency news

• Analysts Believe Bitcoin May Continue Dipping Lower Before Surging to $6,500

  04-05-2019 23:30 via newsbtc.com
  The crypto markets have dipped as they head into the weekend after incurring a significant amount of upwards pressure throughout this week. The latest drop has put Bitcoin (BTC) back into the $5,600 region, signaling that the cryptocurrency’s bulls don’t have enough buying pressure to propel the crypto above $5,800.
  Now, analysts believe that the crypto markets may continue dipping lower before they hit a price level at which they can continue surging higher.
  Bitcoin Drops Into $5,60
  
  Read more

• Tim Draper-Backed Email Paywall BitBounce Attracts 4 Million Users

  04-05-2019 23:00
  By CCN: Tim Draper appears to love anything that gives power back to the people. An eye-catching tweet on Saturday regarding email spam solution BitBounce is sure to generate a good deal of interest in this project. Draper sees this as a potential play on crypto mainstream adoption given its immediate real-world use case. He is named as an investor in the project. This video describes a new market for email. Very interesting. #drapervc https://t.co/GnaEMZd1aR — Tim Draper (@TimDraper) May
  
  Read more

• Bitcoin Keeps Its Pedal To The Metal, Eliciting Bullish Response From Prominent Analysts

  04-05-2019 23:00 via newsbtc.com
  For some reason or another, Bitcoin (BTC) has continued to rally into Saturday. As of the time of writing this, the crypto asset is trading at $5,725 on most major exchanges, while altcoins have begun to play catch-up.
  While some fears that this rally is unsustainable, especially with the debacle that both Bitfinex and Tether are both going through, analysts have kept a bullish tone across the board.
  Bitcoin Could See A Further Move Higher
  According to David Puell, the head of research at Adapti
  
  Read more

• Shocking! Coinbase’s Rocky Year Just Got Worse with CTO Departure

  04-05-2019 22:00
  In what has already proven to be an extremely challenging 12 months for Coinbase is shows no signs of respite. The crypto exchange’s CTO announced his departure following roughly one year in the spot. Balaji Srinivasan broke the news on his Twitter account. He also thanked his “friend” Coinbase CEO Brian Armstrong for the opportunity. 1/2 Really enjoyed my time at Coinbase working with my friend @brian_armstrong. The Earn integration was successful and we’ve closed ~$200M
  
  Read more

• Advertisement

• Warren Buffett Claims Bitcoin is Like a “Seashell” In His Latest Attack on Crypto

  04-05-2019 21:30 via newsbtc.com
  It’s no secret that Warren Buffett – otherwise known as the Oracle of Omaha – is no fan of Bitcoin and crypto, as he has consistently offered scathing critiques of the nascent industry, frequently affirming his position that BTC is not an investment.
  During the recent Berkshire Hathaway annual shareholder meeting at the CHI Health Center in Omaha, Nebraska, Buffett was once again asked to share his thoughts on BTC, this time calling it a “seashell” and saying that i
  
  Read more

• Bitcoin (BTC) hashrate reaches 6-month high

  04-05-2019 21:21
  The Bitcoin hashrate spiked to 58,109,199  TH/s on the 2nd of May. This marked the highest the bitcoin hashrate has been in six months.
  Additionally, the network’s hashrate has only been higher on three other occasions.  From the blockchain.com chart below, the bitcoin hashrate has only been higher in August, September and October 2018.The bitcoin hashrate continued to rise during the 2018 bear market until November 2018. The decline in hashrate that followed was short lived as
  
  Read more

• Tron’s DAU Highs But Will TRX Respond and Rally?

  04-05-2019 21:00 via newsbtc.com
  Tron (TRX) prices drop 3.5 percent
  Platform registers new dApp DAU highsTron’s superior dApp count and DAU is the reason why Misha Lederman, the network’s advisor of the Dapp Evolution Ecosystem is upbeat. Regardless, TRX prices are under pressure but technically bullish above 3.1 cents.
  Tron Price Analysis
  Fundamentals
  Misha Lederman is a Tron and TRX bull. He’s an ardent supporter as well a certified protector of the network. While Justin Sun has his fair share of criticism,
  
  Read more

• Tesla Issues Veiled Threat to Staff: Keep Quiet or Face Elon Musk’s Wrath

  04-05-2019 21:00
  By CCN: Billionaire Elon Musk is in the middle of raising $2.7 billion in fresh capital from the market through a series of stock offerings. So now would be a very bad time for someone at the company to pop out of Tesla and say something that’s not to Musk’s liking. .@ElonMusk may buy more $TSLA shares. @LoupVentures' Gene Munster breaks down what this means for the stock: pic.twitter.com/TDSKgMhkVc — Squawk Box (@SquawkCNBC) May 2, 2019 This is probably why Tesla’s secur
  
  Read more

• Advertisement

• Top 4 Cryptocurrency Predictions for 2019 - NullTX

  04-05-2019 20:32 via nulltx.com
  Top 4 Cryptocurrency Predictions for 2019  NullTXMaking accurate predictions related to the many different cryptocurrencies on the market is not necessarily all that easy. More often than not, predictions need to ...
  
  Read more

• Only an Idiot Would Use Facebook’s Shady Cryptocurrency - CCN

  04-05-2019 20:15 via ccn.com
  Only an Idiot Would Use Facebook’s Shady Cryptocurrency  CCNBy CCN.com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its ...
  
  Read more

• Only an Idiot Would Use Facebook’s Shady Cryptocurrency

  04-05-2019 20:15
  By CCN.com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin project, Project Libra, and is talking with heavyweights like Visa and Mastercard to get that cash. Facebook Wants $1 Billion to Fund Project Libra The company started Project Libra
  
  Read more

• Crypto Tidbits: Elon Musk Tweets ‘Ethereum’, Square Sees Massive Bitcoin Demand, Facebook Cryptocurrency Nears

  04-05-2019 20:00 via newsbtc.com
  Another week, another round of Crypto Tidbits. Over the past 72 hours, Bitcoin (BTC) has begun to rapidly pick up steam. As of the time of writing this, the cryptocurrency is currently trading at $5,800 on most major exchanges. It isn’t clear what catalyzed this surge, which has primarily materialized in BTC, not altcoins, but the past week has seen a string of positive developments come to light.
  Bakkt revealed more details about its Bitcoin futures and custody system, Fidelity revealed t
  
  Read more

• Bitcoin (BTC) Inevitable Cool off, Billionaire Dismissive

  04-05-2019 20:00 via newsbtc.com
  Bitcoin (BTC) retests significant resistance
  Warren Buffet bashes Bitcoin for the second timeAfter describing Bitcoin as Rat Poison Squared, Warren Buffet now says the asset is a gambling device. Even so, Bitcoin is retesting Q2 2018 lows and immediate resistance at $6,000, adding 6.3 percent in the last week.
  Bitcoin Price Analysis
  Fundamentals
  The Oracle of Omaha is back. Warren Buffet may be one of the wealthiest people in the world but he, like most billionaires including Bill Clinton, is d
  
  Read more

• BEXAM IEO on X-Hive Exchange

  04-05-2019 19:23
  On 13th of May, X-Hive, a crypto-to-crypto exchange with advantages of both Decentralized exchange (DEX) and Centralized exchange (CEX), will launch the pre-IEO of the BEXAM token ($BEXAM) with 10% discount. Users are able to purchase $BEXAM with Bitcoin (BTC) on X-Hive exchange with this discount until the 20th of May. The second phase of the $BEXAM IEO is scheduled to start on the 27th of May. What is Bexam? Bexam, the next generation blockchain/DAG hybrid platform, is focused on providing a s
  
  Read more

• Charlie Munger jokes about bitcoin, saying cryptocurrency fans 'celebrate the life and work of Judas Isca.. - Business Insider

  04-05-2019 19:11 via markets.businessinsider.com
  Charlie Munger jokes about bitcoin, saying cryptocurrency fans 'celebrate the life and work of Judas Isca..  Business InsiderBerkshire Hathaway Vice Chairman Charlie Munger slammed bitcoin at the company's annual meeting, saying bitcoin investors share the values of Judas Iscari.
  
  Read more

• Boeing is F**ked – Crash Exposes Deeper Problems for Top Dow Stock

  04-05-2019 19:00
  By CCN: Boeing can’t seem to keep itself out of the news – for all the wrong reasons. Last night a military aircraft with 143 people on board skidded off a runway at Naval Air Station Jacksonville and crashed into St. John’s River. Could this add further pressure to the Dow’s largest individual stock? Boeing 737 Ends Up in the Water The Miami Air charter flight from Guantanamo Bay was carrying 136 military personnel and seven crew members when the botched landing resulted
  
  Read more

• 5-Months of Ripple (XRP) 10 Cents Consolidation, Breakout Delayed

  04-05-2019 19:00 via newsbtc.com
  Ripple (XRP) prices flat
  Ria Money Transfer integrates with RippleDays after SABB, Ria Money Transfer is the latest to join the RippleNet family. The service transfer approximately $40 billion per year. Meanwhile, Ripple (XRP) is under pressure and trending above 30 cents, down 1.9 percent in the last day.
  Ripple Price Analysis
  Fundamentals
  No doubt, Ripple—and it doesn’t matter the rate at which they are on-boarding clients, will be a crucial player in global remittance in the next
  
  Read more

• How Security Tokens Can Prevent an Impending Financial Crisis

  04-05-2019 18:43 via cointelegraph.com
  An in-depth view into the security tokens from financial and technology experts.
  
  Read more

• NYAG: Bitfinex Should Be Made to Disclose Tether Deal Documents

  04-05-2019 18:30
  The NYAG's office has told a court that Bitfinex and Tether must turn over documents detailing the companies' recent financial maneuvers.
  
  Read more

• NY Regulators: Bitfinex Must Be Made to Disclose Tether Deal Documents

  04-05-2019 18:30
  The New York Attorney General's office has told a court that Bitfinex and Tether must turn over documents detailing an $850 million cover-up.
  
  Read more

• Ethereum is ‘programmable money Bitcoin wanted to be’: Developer

  04-05-2019 18:23
  Eric Connor, who recently began contributing to Gnosis, a decentralized platform for prediction markets, has argued that Ethereum is “programmable money.”
  Connor noted via Twitter (on May 3rd, 2019) that the developers of Bitcoin (BTC), the world’s most dominant cryptocurrency, have not integrated additional functionality into the Bitcoin protocol, so that it may be used to develop applications like those built on Ethereum.
  Ethereum Isn’t Programmable Money, But Tezos Is
  
  Read more

• Warren Buffett: ‘Gambling Device Bitcoin Hasn’t Produced Anything’

  04-05-2019 18:05
  By CCN: Turns out 88-year-old Warren Buffett isn’t warming up to crypto after all. Speaking at what’s been dubbed the “Woodstock of Capitalism”, the billionaire investor told shareholders in Berkshire Hathaway how he really feels about bitcoin. His company’s annual shareholder event is being held in Omaha today, and he just couldn’t resist lamenting the digital currency that he just doesn’t understand. Buffett reportedly stated: “It’s a gambl
  
  Read more

• Coinbase CTO Balaji Srinivasan Departs From the Firm

  04-05-2019 18:02 via cointelegraph.com
  Balaji Srinivasan, CTO at U.S.-based cryptocurrency exchange Coinbase, announced his departure from the company
  
  Read more

• Cardano Founder to Develop New Cryptocurrency in Collaboration With Ethiopian Government - CryptoGlobe

  04-05-2019 17:59 via cryptoglobe.com
  Cardano Founder to Develop New Cryptocurrency in Collaboration With Ethiopian Government  CryptoGlobeCharles Hoskinson, the founder of Cardano (ADA) and the CEO of IOHK, has recently announced the launch of an enterprise blockchain framework that aims to ...
  
  Read more

• ‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale

  04-05-2019 17:49
  New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder and […]
  
  Read more

• Bitcoin (BTC) Price Dips Remain Attractive To Bulls

  04-05-2019 17:38 via newsbtc.com
  Bitcoin price surged above the $5,800 level and traded to a new 2019 high against the US Dollar.
  The price traded as high as $5,837 on Kraken and recently corrected below the $5,600 level.
  This week’s followed two bullish trend lines are intact with support near $5,500 and $5,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair remains supported on dips and it is likely to bounce back above $5,650 in the near term.Bitcoin price surged above the $5,700 and $5,800 r
  
  Read more

• Mysterious Crypto Whale Unveils Meteoric Bitcoin Price Target

  04-05-2019 17:30
  By CCN: A mysterious crypto whale set a meteoric Bitcoin price target, and he revealed it in an exclusive interview with CCN. The anonymous Bitcoin whale, known only by his crypto addresses, has accumulated a fortune of more than 7,000 BTC. The crypto holdings are worth $35 million USD at the time of writing, and they’re mostly held in this wallet. He let CCN in on some seasoned technical analysis insights that suggest the Bitcoin price is well on its way to eclipsing the $50,000 mark. Mys
  
  Read more

• Elon Musk: Tesla Con Man Betrays Lack of Faith in Cratering Company

  04-05-2019 16:15
  By CCN: The frustrating thing about con artists is that they just keep fleecing suckers until the liquidity dries up. In the case of Elon Musk and Tesla, it appears that there is still an ocean of suckers out there. Fans of “What Will Elon Musk Lie About Next?” will not be surprised that Tesla’s announced $2.8 billion capital raise comes despite Elon Musk’s declaration that Tesla wouldn’t be raising any more capital. Savvy followers of Tesla stock and Elon Musk expe
  
  Read more

• Blockchain-based gaming leads to crypto adoption: Komodo CTO

  04-05-2019 16:11
  Kadan Stadelmann on Blockchain-based Gaming
  Crypto Insider recently interviewed Kadan Stadelmann, the Chief Technology Officer of the Komodo blockchain project. We discussed blockchain-based gaming and the unique contributions Komodo has for the gaming industry.
  Stadelmann is a software developer and ethical hacker with years of experience from work on various IT projects for the Austrian and Tunisian governments. He also built SatoshiHack, a blockchain business he successfully developed and la
  
  Read more

• Can We Please Stop the Ridiculous Hysteria About Cryptocurrency Fraud? - CCN

  04-05-2019 15:19 via ccn.com
  Can We Please Stop the Ridiculous Hysteria About Cryptocurrency Fraud?  CCNMainstream media outlets love to sound the alarm about cryptocurrency fraud, but this hysteria wildly exceeds the actual damage caused by bitcoin scams.
  
  Read more

• Can We Please Stop the Ridiculous Hysteria About Cryptocurrency Fraud?

  04-05-2019 15:19
  By CCN: Another week, another breathless report about cryptocurrency fraud. Is this even news anymore? On April 30, CipherTrace reported that it had identified $1.2 billion in cryptocurrency fraud in the first quarter of 2019, compared to $1.7 billion fraud over the entirety of 2018. If the pace continues, we’ll see almost $5 billion in cryptocurrency-related fraud this year. That’s bad, guys. Really bad. But before you wave the “crypto’s a scam” banner an
  
  Read more

• A Visual Guide to the Hot, New Crypto Fundraising Mechanism – the IEO

  04-05-2019 15:10
  The ICO market might have cooled, but there's still fundraising going on in the blockchain space – it's now being done through the IEO, or initial exchange offering, and we break down how this mechanism is different our latest explainer video.
  
  Read more

• DeVere Group: two-thirds of millionaires to invest in crypto by 2022

  04-05-2019 15:09
  DeVere Group, a leading financial advisory firm, took a global survey which involved millionaires (those with total assets worth at least $1 million).
  According to the survey’s results, 68% of all millionaires would most likely have made investments in cryptocurrencies by the year 2022. This seems to be positive news for the crypto space.
  DeVere Group Managing $10 Billion In Client Assets
  DeVere is an independent financial consulting firm founded in the year 2002 by Nigel Green. This grou
  
  Read more

• Is Quebec’s Big Picture to Become the Biggest Bitcoin Mining Market?

  04-05-2019 15:00 via newsbtc.com
  Canada’s Quebec province is tapping the bitcoin mining market to improve its annual economic projections.
  The region’s energy regulator, the Régie de l’énergie (LRQ), ordered public utility Hydro-Québec to allocate a 300-megawatt block of electricity to the blockchain industry. The move increased the total power supply granted for mining cryptocurrencies from 368 megawatts to 668 megawatts without touching the underlying costs. LRQ said it had excess electr
  
  Read more

• Earn.com Founder Balaji S. Srinivasan ‏Is Leaving Coinbase

  04-05-2019 14:39
  Balaji S. Srinivasan, creator of the secretive 21.co and Earn.com, is leaving as CTO of Coinbase.
  
  Read more

• Fidelity Hires Barclays’ Former Head of Digital Assets

  04-05-2019 14:30
  Financial services giant Fidelity hired Chris Tyrer, former head of Barclays' digital assets project.
  
  Read more

• Celsius Wallet App Offers Interest and Loans for Your Cryptocurrency - Bitcoin News

  04-05-2019 13:55 via news.bitcoin.com
  Celsius Wallet App Offers Interest and Loans for Your Cryptocurrency  Bitcoin NewsWith crypto markets rising, hodling seems to be a sound investment strategy once again. If you have coins you want to keep, you can earn some interest on your ...
  
  Read more

• Three Blockchain Solutions Join S Korea Fintech Regulatory Sandbox

  04-05-2019 13:49 via feedproxy.google.com
  
  South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, has announced its first batch of financial services providers accepted into its financial regulatory sandbox. Among the 18 fintech solutions selected, three utilize blockchain technology: Directional will be testing a stock lending platform based on blockchain technology offering stock lending and borrowing services for […]
  The post Three Blockchain Solutions Join S Korea Fintech Regulato
  
  Read more

• Letitia James: Say Hello to the Newest Clown in the Anti-Trump Circus

  04-05-2019 13:30
  Sore-loser Democrats have been trying to delegitimize President Donald Trump ever since his upset electoral victory in 2016. The latest salvo from the Democrats comes in the form of New York Attorney General-elect Letitia James. She announced broad-ranging investigations into not only President Donald Trump but also Trump’s family and “anyone in his orbit”. Letitia James Is Already a Disgrace to Her Office Letitia James told NBC News: “We will use every area of
  
  Read more

• New York Bitcoin Mining Magnate Accused of Stealing Over 5000 Crypto Miners

  04-05-2019 13:05
  By CCN.com: A New York Bitcoin miner hosting company called Northway Mining stands accused of stealing at least 5100 pieces of mining equipment from two companies. Given the scope of the investigation currently underway by the federal government, the damage might be much more significant than this. Northway Mining Sued For Violation of RICO Act At least four Bitcoin companies have been allegedly victimized, though we use the term “allegedly” in its most legal definition: strictly bec
  
  Read more

• High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme

  04-05-2019 13:00 via newsbtc.com
  Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal.
  The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets. He said authorities were in favor of banning bitcoin, adding fuel to rumors indicating the Indian government’s likelihood of drafting an anti-bitcoin bill.
  Bitcoin Ban
  Agarwal is also the CEO of Investor Education and
  
  Read more

• ADAX Awarded New Exchange License for Security Tokens

  04-05-2019 12:34
  (Manila, Philippines) – Asia Digital Asset Exchange (ADAX) was awarded an Offshore Virtual Currency Exchange (OVCE) License from the Philippines’ Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech as they launch their fully regulated asset backed token issuance and exchange platform. The OVCE License enables them to help companies create and list asset backed tokens on the ADAX platform. CEZA’s Administrator and CEO, Secretary Raul Lam
  
  Read more

• Infamous Bitconnect Promoter Claims Victimhood, Says It Wasn’t His First Scammers

  04-05-2019 12:30
  By CCN.com: Carlos Matos, who promoted Bitconnect throughout its existence, posted a bizarre video to YouTube today in which he claims that he lost most of the money invested in BitConnect and that it was not the first scam to which he fell victim. Watch Matos below, in a video from 2017, pumping the crowd at a Bitconnect event. ‘BeeeeeetConnect’ Guy is Back In the new vlog, Matos says he invested around $25,600 into Bitconnect originally, but only took small profits from the infamou
  
  Read more

• Infamous Bitconnect Promoter Claims Victimhood, Says It Wasn’t His First Scam

  04-05-2019 12:30
  By CCN.com: Carlos Matos, who promoted Bitconnect throughout its existence, posted a bizarre video to YouTube today in which he claims that he lost most of the money invested in BitConnect and that it was not the first scam to which he fell victim. Watch Matos below, in a video from 2017, pumping the crowd at a Bitconnect event. ‘BeeeeeetConnect’ Guy is Back In the new vlog, Matos says he invested around $25,600 into Bitconnect originally, but only took small profits from the infamou
  
  Read more

• Top 7 Worst Performing Cryptocurrency Coins of April - Coin Idol

  04-05-2019 12:16 via coinidol.com
  Top 7 Worst Performing Cryptocurrency Coins of April  Coin IdolHere you can find a list of the 7 worst performing cryptocurrency coins out of top 100 with largest price drop.
  
  Read more

• Will Robinhood overtake Coinbase in cryptocurrency trading (Ethereum and Bitcoin)? How does Robinhood make money? -Sat May 04 - Smartereum

  04-05-2019 12:10 via smartereum.com
  Will Robinhood overtake Coinbase in cryptocurrency trading (Ethereum and Bitcoin)? How does Robinhood make money? -Sat May 04  SmartereumCoin base is one of the prime exchanges when it comes to cryptocurrency trading. It is one of the largest exchanges for Ethereum as well as Bitcoin. Now, as ...
  
  Read more

• Bitcoin Surges Past $5,700 in Hours: Experts Explain Factors of Overnight Rally

  04-05-2019 10:32 via cointelegraph.com
  Bitcoin spiked to $5,700 in an immense rally overnight, leading the rest of the crypto market to recover. Experts talk to Cointelegraph about factors that could have triggered the rally
  
  Read more

• Binance, OKEx and KuCoin Are Using IEOs to Command the Spotlight

  04-05-2019 10:00
  So far, initial exchange offerings are the hottest token fundraising trend of 2019.
  
  Read more

• Facebook's Cryptocurrency Project Could Change the eCommerce Landscape - Social Media Today

  04-05-2019 09:55 via socialmediatoday.com
  Facebook's Cryptocurrency Project Could Change the eCommerce Landscape  Social Media TodayAfter a year of almost no news at all on Facebook's secretive Blockchain division, and if or how The Social Network might be planning to utilize the digital ...
  
  Read more

• Bears Banished as Crypto Markets Hit Five Month High

  04-05-2019 09:00 via newsbtc.com
  Crypto markets surge to new highs; Bitcoin on top, Bitcoin Cash and Litecoin lifted, Cosmos still cranking.
  Market Wrap
  It has been a great start to the weekend for cryptocurrencies as markets hit fresh 2019 highs. Bitcoin is once again the dominating factor as it grinds ever higher in a push towards $6,000. Over $8 billion has been added to crypto assets over the past 24 hours pushing market capitalization to a new five month high.
  Bitcoin posted a fresh yearly high of $5,884 a few hours ago be
  
  Read more

Follow @CryptoNewslock on Twitter!