Cryptocurrency news

• Ilhan Omar is a Race-Baiting Political Pirate

  05-05-2019 23:30
  By CCN: Rep. Ilhan Omar (D-Minn.) is a Mogadishu-born political pirate. A freshman congresswoman who is hijacking America’s headlines—just as Somali pirates hijack ships in the Arabian Sea. Socialists like Omar and Rep. Alexandria Ocasio-Cortez (D-N.Y.) masquerade as “caring” Democrats. But they hate America and demonize “the white man.” This past week, Fox News’s Jesse Watters challenged Omar to say one good thing about America. She can’t, and won
  
  Read more

• Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto

  05-05-2019 23:00 via newsbtc.com
  While the upward price pressure has slowed, resulting in Bitcoin (BTC) posting a mere 0.15% gain in the past 24 hours, some are sure that the cryptocurrency’s chart structure remains bullish. Murad Mahmudov, a founding partner at up-and-coming crypto fund Adaptive Capital, recently broke down his reasoning as to why BTC holding above the $5,500 region could be “quite bullish.”
  Related Reading: Analysts Believe Bitcoin May Continue Dipping Lower Before Surging to $6,500
  The Bitc
  
  Read more

• Ex-Minnesota Vikings Owner Ensnared in Massive Bitcoin Scandal

  05-05-2019 22:30
  By CCN: One of bitcoin’s biggest scandals just keeps growing more bizarre, as reports now indicate that former Minnesota Vikings co-owner Reginald “Reggie” Fowler finds himself ensnared by the scheme. The U.S. Justice Department charged Fowler – who also helped bootstrap the now-defunct Alliance of American Football – over his role in concocting a shadow banking scheme that entailed the processing of hundreds of millions of dollars of unregulated transactions on beh
  
  Read more

• BitGo Chief Security Officer says cryptocurrency regulation should ‘absolutely’ be at state-level - AMBCrypto News

  05-05-2019 22:09
  BitGo Chief Security Officer says cryptocurrency regulation should ‘absolutely’ be at state-level  AMBCrypto NewsThe dichotomy of regulation and security are seen by some as opposing forces, and others as one that can provide unifying stability to the cryptocurrency ...
  
  Read more

• Advertisement

• Hodler’s Digest, April 29 – May 5: Top Stories, Price Movements, Quotes and FUD of the Week

  05-05-2019 21:36 via cointelegraph.com
  This week in the Hodler’s Digest, Facebook Coin gets even more attention and Bakkt gets a crypto custodian service
  
  Read more

• Buffett Bro: Bitcoin ‘Dementia’ Patients Worship Judas Iscariot

  05-05-2019 21:35
  By CCN: Billionaire pals and colleagues Warren Buffett and Charlie Munger doubled-down on their bitcoin haterade at the 2019 Berkshire Hathaway annual shareholders meeting. Munger said bitcoin fans had invited him out for a drink this weekend, but he didn’t even consider it because he thinks they’re all traitors. “I’ve been invited during this gathering to go to a happy hour put on by the bitcoin people. And I tried to figure out what the bitcoin people do in their happy
  
  Read more

• After Surging Over 5%, Analysts Believe Bitcoin Cash (BCH) Has Further Room to Pump

  05-05-2019 21:30 via newsbtc.com
  Although the crypto markets entered the weekend on a less-than-positive note, with Bitcoin retreating from highs of nearly $5,900 to lows of roughly $5,650, many cryptocurrencies have been able to climb higher today, with Bitcoin Cash (BCH) leading the markets.
  Analysts now believe that BCH could be a better short-term play than Bitcoin for traders, as the crypto has “more room to pump” in the near-future.
  Bitcoin Cash (BCH) Surges Over 5%
  At the time of writing, Bitcoin Cash is trad
  
  Read more

• Bitcoin’s Lightning Comes to Apple Smartwatches With New App

  05-05-2019 21:19
  A new app for the Apple Watch has been launched by bitcoin startup Bluewallet, which connects users to the nascent lightning network.
  
  Read more

• Advertisement

• Bitfinex Shareholder Starts Pre-orders for Exchange Token’s Public Sales

  05-05-2019 20:40
  Even though there's still not a white paper for Bitfinex's $1 billion exchange token offering, one shareholder has already started pre-orders.
  
  Read more

• Bitcoin Price Teeters on Brink of Brutal ‘Panic-Driven’ Crash

  05-05-2019 20:30
  By CCN: According to prominent technical analysts including Peter Brandt and DonAlt, the bitcoin price is facing strong resistance at around $6,000 and is vulnerable to a correction in the short-term. “Just an opinion — there is a chance BTC is topping here, having met its price target at key resistance. A correction could occur before another move toward 6500, then a more significant correction,” Brandt said. Brandt’s forecast comes after the bitcoin price has surged by
  
  Read more

• Ethereum Development Keeps Pace With Crypto Boom: Proof of Stake Is On Its Way

  05-05-2019 20:00 via newsbtc.com
  As the price of Bitcoin (BTC) and other crypto assets have boomed, so have the underlying fundamentals of this embryonic space. Reports have revealed that Ethereum (ETH) may soon transition to the early stages of Proof of Stake (PoS) integration, ensuring scalability is on its way.
  Ethereum Phase Zero Could Be Finalized In June
  In March, Vitalik Buterin, the Russian-Canadian founder of Ethereum, took to the stage of Token2049, a blockchain event in Hong Kong, to talk all things about his brainch
  
  Read more

• NYAG Requests That Bitfinex Be Forced to Release Tether Deal Documents

  05-05-2019 19:44 via cointelegraph.com
  Documents concerning the alleged deal made between Bitfinex and stablecoin operator Tether should be released, according to a request by the NYAG
  
  Read more

• Charles Hoskinson: over 50 full-time engineers working on Cardano

  05-05-2019 19:42
  Charles Hoskinson, the founder of Cardano (ADA), an open-source, public blockchain network for creating decentralized applications (dApps), has clarified that his team of developers are “building a product that is based upon new science and new ideas.”
  Hoskinson, the CEO at Input Output Hong Kong (IOHK), a research and development (R&D) firm focused on cryptography and distributed systems, confirmed that his colleagues remain committed to developing the Cardano protocol in an &l
  
  Read more

• Elon Musk, Warren Buffett Spar After Berkshire Billionaire Disses Tesla

  05-05-2019 19:30
  By CCN: Billionaire Elon Musk joked about Warren Buffett after the Berkshire Hathaway chairman dissed his plans to launch Tesla insurance and said he’d bet against it. At the Berkshire Hathaway annual shareholders meeting this weekend, Buffett questioned the wisdom of a Tesla insurance product, which Musk plans to launch soon. Warren Buffett: I’d Bet Against Tesla Insurance Buffett — whose net worth tops $89 billion — says insurance is a tough racket to break into. Accord
  
  Read more

• Will Litecoin (LTC) Rally to $1,000 After August 2019 Halving?

  05-05-2019 19:00 via newsbtc.com
  Litecoin (LTC) up 6.1 percentCharlie Lee thought LTC would rally to $1,000In a podcast, Charlie Lee now reveals that he thought Litecoin (LTC) would surge above $1000. All the same, by profitably exiting at the height of the Great Bull Run of late 2017, he reaped huge despite all the criticism from the community. At spot rate, Litecoin (LTC) is up 6.1 percent in the last week.
  Litecoin Price Analysis
  Fundamentals
  Year-to-date, Litecoin, and Binance Coin are perhaps the top two performing assets
  
  Read more

• Riot Games Scandal Exposes ‘League of Legends’ Creator’s True Colors

  05-05-2019 19:00
  By CCN: As a fervent gamer and fan of Riot Games’ flagship product, “League of Legends,” I am both ashamed and disgusted to realize I’ve devoted hundreds of hours to a company who prefers to silence employees, rather than deal with issues transparently. Ex-Employees Sue ‘League of Legends’ Creator The gaming giant, in case you haven’t heard, is attempting to muzzle four sexual harassment lawsuits through forced arbitration just a few months after taking
  
  Read more

• Will BitFinex $1 Billion Trigger a Bitcoin (BTC) Sell-Off?

  05-05-2019 18:00 via newsbtc.com
  Bitcoin (BTC) prices firm, add 9.5 percent in the last week
  Despite fraud accusations, BitFinex will crowd-fund to raise $1 billionBitFinex, sources have it, will proceed with their IEO and the aim is to raise $1 billion in USDT. While it is pleasing for investors, the exchange is reserving $600 million for whales. Even so, its success would mean pressure on Bitcoin (BTC) which is up 9.5 percent in the last week.
  Bitcoin Price Analysis
  Fundamentals
  Bitcoin (BTC) price performance is impressive.
  
  Read more

• Week in Review: Cryptocurrency Price Analysis For the week April 29 to May 5 - Coingape

  05-05-2019 17:46
  Week in Review: Cryptocurrency Price Analysis For the week April 29 to May 5  CoingapeHi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article.
  
  Read more

• The Winklevoss Twins Are Giving Away 1 Bitcoin After Tron’s Tesla Fail

  05-05-2019 17:30
  By CCN: Gemini, the bitcoin exchange founded by Tyler and Cameron Winklevoss, has caught the crypto contest bug. The Winklevoss twins are giving away 1 BTC to the person with the best shot of the Gemini Crypto Bus. The game is sure to strike a chord with people inside and outside of crypto. The bitcoin price is currently hovering at approximately $5,800 and many believe it’s headed to the moon. While the competition hasn’t generated as much traction on Twitter as Tron Founder Ju
  
  Read more

• Ripple Adds SBI President To Its Board of Directors

  05-05-2019 17:00
  Ripple has added Japanese financial giant SBI Holdings' president and CEO Yoshitaka Kitao to its board.
  
  Read more

• Beware the Fake Bitfinex White Papers Appearing Online

  05-05-2019 16:40
  As speculation and impatience arises over the upcoming Bitfinex token sale, opportunistic fakers are creating bogus white papers.
  
  Read more

• Kevin Costner Slams American Politics, Wants Michelle Obama to MAGA

  05-05-2019 16:00
  By CCN: Kevin Costner has slammed American politics in an interview on Variety’s The Big Ticket podcast. The Hollywood veteran suggests he’d like to see Michelle Obama run for president in 2020. Kevin Costner, Hollywood Veteran, Actor, Director, and Now Political Pundit Costner, a veteran of Hollywood and star of upcoming Netflix film “The Highwaymen”, has weighed in on the divisive political landscape in Washington, D.C. The Oscar-winner laments that politicians seem to
  
  Read more

• Trump Basks in Jobs Growth, Leaving Clueless Dems Nearly Unhinged

  05-05-2019 14:38
  By CCN: By now you’ve likely heard that the U.S. economy added a stellar 236,000 jobs in April. Hourly earnings ticked higher, and the unemployment rate fell to 3.6%. The last time it was this low was a few months after the U.S. put a man on the moon! The launch of Apollo 11 was in 1969. The April report puts another feather in the cap of President Donald Trump who must be given credit, like him or not, for the improvements in the U.S. economy. As he heads into the 2020 elections seeking a
  
  Read more

• Ethereum 2.0’s Nodes Need to Talk – A Solution Is ‘Hobbits’

  05-05-2019 14:30
  New code was unveiled that, if ultimately implemented, will facilitate communication between nodes that run the ethereum 2.0 software.
  
  Read more

• FUDs and facts surrounding cryptocurrency mining around the globe - Yahoo Finance

  05-05-2019 13:00
  FUDs and facts surrounding cryptocurrency mining around the globe  Yahoo FinanceOne of the more controversial aspects of cryptocurrencies is the issue of mining. From accusations of energy waste, to countries outright banning the practice ...
  
  Read more

• Bitcoin Price Will Hit $6,500-Mark in Near-Term: Veteran Commodity Trader

  05-05-2019 13:00 via newsbtc.com
  Bitcoin could undergo an immediate bearish correction, but it would eventually bounce back towards $6,500, according to Peter Brandt.
  The veteran commodity trader said Saturday that the bitcoin price was meeting its crucial resistance level near $5,745, as shown in the chart below. There was a strong probability of the asset undergoing a reversal, which loosely means that traders were not confident to purchase bitcoin at its higher rate. Therefore, the ones who bought the asset near $5,000-
  
  Read more

• Bitcoin Inheritance: What Happens to Your Crypto When You Die?

  05-05-2019 12:12
  By CCN.com: Simon Goldring, a lawyer, and partner at British firm McDermott Will & Emery, wrote a piece in The National Law Review this week talking about the function of cryptocurrencies as an inheritance. Not a crypto expert, the lawyer still provides some sage advice on how to transfer crypto assets after you’ve died. British Inheritance Laws Apply to Crypto Most notably, he points out that, in Britain at least, inherited cryptocurrency is taxable. This means that if your relatives
  
  Read more

• Bitcoin (BTC) Price Could Test $6,500 Before Strong Correction

  05-05-2019 07:00 via newsbtc.com
  There were heavy gains in bitcoin price above the $5,500 pivot and resistance level against the US Dollar.
  The price rallied above the $5,700 and $5,800 resistance before there was a minor downside correction.
  There is a key connecting bullish trend line in place with support at $5,610 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair is currently in a strong uptrend and it could trade towards the main $6,500 resistance level.Bitcoin price gained significantly above the
  
  Read more

• Ethereum (ETH) Price Eyes Larger Upward Move: Can Bulls Make It?

  05-05-2019 06:08 via newsbtc.com
  ETH price started a steady rise above the $158 and $160 resistance levels against the US Dollar.
  The price traded above the $165 level and recently corrected lower below $165.
  There is a major contracting triangle in place with resistance near $167 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair is likely to climb higher in the near term towards the $170 or even $180 level.Ethereum price remains in a decent uptrend versus the US Dollar, but in downtrend against bitcoin. ETH is
  
  Read more

• Fundstrat: Bitfinex $1B IEO Raise Could Pressure Bitcoin (BTC) Lower

  05-05-2019 02:00 via newsbtc.com
  On Saturday, reports revealed that Bitfinex, one of the largest crypto exchanges in existence, unveiled official plans to sell $1 billion worth of an asset called LEO. While this seems innocuous, a leading analyst warns that it could be a detriment to Bitcoin (BTC).
  Related Reading: Bitfinex Premium Continues To ‘Rally’ Even After Bitcoin (BTC) Stabilizes, Tether Fears Subside
  Bitfinex To Sell $1B Worth Of LEO
  As reported by NewsBTC previously, last week, Dovey Wan, the founding part
  
  Read more

• Bitfinex ‘Official Doc’ Confirms Plans to Raise up to $1 Billion in IEO for Its Token LEO

  05-05-2019 01:03 via cointelegraph.com
  A shareholder of crypto exchange Bitfinex, Zhao Dong, released new promotional material about its upcoming initial exchange offering
  
  Read more

• Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

  05-05-2019 01:00
  By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their “Volume” ViewBase, a “market insights and community”
  
  Read more

• Trump’s Economy Makes Michael Novogratz ‘More Bullish’ on Bitcoin

  05-05-2019 00:00
  By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz. The bitcoin bull weighed in on monetary policies being bandied about that are essentially making the case for crypto. Novogratz is the CEO of cryptocurrency merchant bank Galaxy Digital. In a tweet this weekend, he pointed to cal
  
  Read more

Follow @CryptoNewslock on Twitter!