Cryptocurrency news

• Sprott CEO Predicts Bullish Future for Blockchain-Based Digital Gold

  07-05-2019 23:45 via cointelegraph.com
  Peter Grosskopf, CEO of the global asset manager Sprott, has posited that blockchain technology will make gold a practical asset for basic transactions
  
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• New App Lets You Create Instant Crypto Collectables

  07-05-2019 23:35
  A new app called Editional by former Facebook employees John Egan and Zac Morris wants to create a place where you can create crypto collectables.
  
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• Jamie Dimon Defends Trump’s Tariff War as Stock Market Bleeds

  07-05-2019 23:29
  By CCN: Jamie Dimon has been in the news with a number of surprising opinions lately, but his latest interview could perhaps be the most maverick. Speaking to Poppy Harlow on CCN Business, the JPMorgan CEO revealed that – contrary to the stock market’s horrified consensus over Donald Trump’s aggressive posturing on trade tariffs with China – the president’s policy is actually working. Earlier in the year, Dimon spoke out against the U.S. government shutdown –
  
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• Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P

  07-05-2019 23:10
  By CCN: Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U.S. and China would look should the worst happen. Among the many hair-raising projections is the prospect of the S&P 500 entering a correction by losing 10% of its value, which would alm
  
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• Website Providing Links to Illicit Crypto Marketplaces Seized

  07-05-2019 23:00 via newsbtc.com
  A website that provided a link between the regular internet and dark web marketplaces offering illegal goods and services in exchange for crypto has been seized. Deep Dot Web went down earlier today with a seizure notice detailing the authorities involved with the bust.
  The raid on the website appears to be a coordinated effort by various law enforcement bodies from around the globe. These include the US Department of Justice, Europol, Politie, and others.
  Site Earning by Linking Crypto-Friendly
  
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• Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

  07-05-2019 22:51 via cointelegraph.com
  Cryptocurrency payment services provider BitPay appointed former Worldpay U.S. executive Glen Braganza as its CFO
  
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• Russian Exchange Aggregator to Resume Operations After Recent Block by Gov’t

  07-05-2019 22:46 via cointelegraph.com
  Popular Russian crypto exchange aggregator BestChange will soon resume operations following a recent block by authorities
  
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• Crypto Investor Sues OneCoin After Losing $130,000

  07-05-2019 22:33
  Earlier in March, the FBI arrested the alleged leader of OneCoin on counts of defrauding investors out of $4 billion.
  
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• What Is Cryptocurrency Staking? - NullTX

  07-05-2019 22:27
  What Is Cryptocurrency Staking?  NullTXThere are many different ways to increase one's cryptocurrency holdings. Some do it by buying more coins, while others try to mine altcoins with a GPU or ASIC.
  
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• US FTC Sues Startup for Allegedly Misusing Raised Funds on Bitcoins and Credit Card Bills

  07-05-2019 22:24 via cointelegraph.com
  The U.S. FTC is suing iBackPack of Texas for allegedly spending its raised funds on bitcoins rather than the stated products
  
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• Blockchain Adoption Accelerates, Finds New Deloitte Research

  07-05-2019 22:12 via feedproxy.google.com
  
  Blockchain investment and implementation continue to increase in financial services but also across multiple other sectors including technology, life sciences, media, telecommunications and government. More organizations are expanding and diversifying their blockchain initiatives, recognizing the larger, transformational importance of the technology, and indicating that the industry is maturing, according to a new survey by Deloitte. […]
  The post Blockchain Adoption Accelerates, Finds New
  
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• Dow Crashes 473 Points as Bond King Warns of Stock Market Meltdown

  07-05-2019 22:06
  By CCN: The Dow and broader U.S. stock market plunged anew on Tuesday, as President Trump’s latest tariff gambit triggered an extreme bout of volatility for Wall Street. Dow, S&P 500 Race Into Meltdown Mode All of Wall Street’s major indexes reported massive declines on Tuesday, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average bottomed at 25,789.71, having declined 643 points. It would later settle down 473.39 points, or 1.8%, at 26,965.09. The br
  
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• FBI Seizes Popular Dark Market Search Site DeepDotWeb for Money Laundering

  07-05-2019 22:00
  The FBI has seized DeepDotWeb, a comparison search system and news site for dark web markets, for alleged money laundering.
  
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• Crypto Analyst: Bitcoin May Monthly Candle Close Confirms Bull Market or Accumulation

  07-05-2019 22:00 via newsbtc.com
  As Bitcoin price nears closer to important resistance at $6,000, it’s clear that the leading cryptocurrency by market cap is at an inflection point, and where it goes next could set the tone for the following months to years.
  An early April rally made the month an easy green close for Bitcoin, as the price of the crypto asset rose over $1,000 in the matter of an hour, breaking through resistance and kickstarting a bullish rally. Bulls rejoiced over April’s close, the third consecutiv
  
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• Orchid Tops $43 Million Raised in Token Sale for Crypto Tor Alternative

  07-05-2019 21:57
  The project behind a blockchain protocol designed to enable private internet browsing has raised another $7 million in funding, CoinDesk has learned. According to the company, Orchid Labs has now raised a total of $43 million on an offered $125 million in a pre-sale of a token that will power its still-in-development technology. “Orchid Labs’ mission is […]
  
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• WeChat Bans Bitcoin, Binance CEO Explains Why It’s Bullish for Crypto

  07-05-2019 21:45
  By CCN: Always the optimist, Binance CEO Changpeng “CZ” Zhao sees a silver lining in the wake of WeChat’s recent ban on crypto trading activities. According to a tweet today by Dovey Wan, founding partner of Primitive Ventures, the Chinese social media company released an updated payment policy which states that it will terminate merchant accounts that participate in cryptocurrency transactions. In her tweet, Wan argues that most of China’s over-the-counter (OTC) cryptocu
  
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• Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit

  07-05-2019 21:42 via cointelegraph.com
  Cybercriminals are exploiting a known vulnerability in the software Confluence to mine XMR
  
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• Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

  07-05-2019 21:15
  Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.
  
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• Bitmain Discloses 88% Drop In Its Own Bitcoin Mining Power

  07-05-2019 21:15
  Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.
  
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• Beware! Massive Correction Looms for This Year’s Roaring S&P 500

  07-05-2019 21:15
  By CCN: The S&P 500 (SPX) is up by 18.9% year-to-date and investors are euphoric. According to CNBC, this is the market’s best start in more than three decades. History shows that the S&P 500 has never sustained strong starts. The same CNBC article revealed that in the four years since World War II that the S&P was up by at least 15%, the market ended the year flat or significantly down. Based on our technical analysis, that trend is very likely to continue this year. In this a
  
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• Decreasing Your Risk in the Bear Market with the Latest Dynamic Cash Hedged Fund from Invictus Capital

  07-05-2019 21:09
  The forward-thinking team at Invictus Capital who launched the world’s first crypto index fund, CRYPTO20, have pioneered a new cutting-edge fund, CRYPTO10 Hedged (C10). The fund is powered by data science, tracks the top 10 cryptoassets and provides investors with long-term capital growth potential and superior risk-adjusted returns relative to pure crypto exposure. A dynamic cash hedge provides drawdown protection to preserve capital in times of market stress. The new fund is not a &lsquo
  
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• Dow Crashes 550 Points as Bond King Warns of Stock Market Meltdown

  07-05-2019 21:06
  By CCN: The Dow and broader U.S. stock market plunged anew on Tuesday, as President Trump’s latest tariff gambit triggered an extreme bout of volatility for Wall Street. Dow, S&P 500 Race Into Meltdown Mode All of Wall Street’s major indexes reported massive declines on Tuesday, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average bottomed at 25,875.70, having declined 563 points. It was last down 558 points, or 2.1%, at 25,882.70. The broad S&P 5
  
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• Washington Post Exposed: Trump Hit-Job Peddles ‘Nonpartisan’ Research from Ex-Obama Cronies

  07-05-2019 21:00
  By CCN: There’s only one thing better than a sensational mainstream media headline designed to lure in weak-minded Trump haters. That’s when the story is easily debunked as fake news with just a few minutes of research. The ludicrous headline in question is splayed all over every mainstream media outlet, and is some version of that which appeared in the Washington Post: “Trump would have been charged with obstruction were he not president, hundreds of former prosecutors assert.
  
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• Price Action Favor Ethereum (ETH) Bulls, Joseph Lubin Not Happy

  07-05-2019 21:00 via newsbtc.com
  Ethereum (ETH) add 12 percent in the last week
  ConsenSys founder not happy with the proposal of a complete overhaulIn a public chain, development is slow, and that is what is bogging down Ethereum. However, the idea of improving everything disappoints Joseph Lubin, the founder of ConsenSys. Joseph is upbeat and an Ethereum (ETH) bull maintaining that prices will increase 1000 folds in three years.
  Ethereum Price Analysis
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  There is optimism around Ethereum. Not only is this innovativ
  
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• Crypto Exchange Claims It Is Faster Than 99% of Rivals

  07-05-2019 20:46 via cointelegraph.com
  A new crypto exchange claims it is faster than 99% of live exchanges thanks to its robust microservices architecture #SPONSORED
  
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• Beyond Meat: This Stock Bubble Could Mirror the Bitcoin Crash

  07-05-2019 20:43
  By CCN: Beyond Meat (BYND) is Wall Street’s newest darling. After its stock rallied 168% in the best IPO in a decade, the vegan burger maker continues to impress while the rest of the Nasdaq suffers heavy losses. There is an unfortunate truth beneath all of this hype, and to explain it we need to look no further than the Bitcoin bubble. Deja Vu: Beyond Meat Feels Uncomfortably Like Bitcoin in 2017 When cryptocurrency exploded into the public consciousness in 2017, led by meteoric gains in
  
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• Zebpay Crypto Exchange Extends Trading Services to Australia

  07-05-2019 20:34 via cointelegraph.com
  Crypto exchange Zebpay has expanded its trading services to Australia by opening a new office in the fintech hub of Melbourne
  
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• Tron (TRX) Up 5.2 Percent but Will Soar if Bakkt Say Yes

  07-05-2019 20:00 via newsbtc.com
  Tron (TRX) add 5.2 percent
  Application to Bakkt calling for TRX inclusion is a show of intentWith Bakkt and argument that Tron’s potential is unexplored, investors are bullish. Nonetheless, before 4 cents, there must be evidence, and that demands a rally above 3.1 cents with a spike in participation levels. At the moment, Tron (TRX) is up 5.2 percent but could sink if buyers fail to breach 2.7 cents.
  Tron Price Analysis
  Fundamentals
  There is building, network improvement and marketing as
  
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• FTC Sues Smart Backpack Crowdfunder Who Spent Proceeds On Bitcoin

  07-05-2019 19:47
  The Federal Trade Commission is suing a crowdfunder who promised a smart backpack but instead spent the proceeds on bitcoin.
  
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• Bitcoin Fees Skyrocket 250% as Transaction Volume Nears 2017 Peak

  07-05-2019 19:45
  By CCN: Research in the latest issue of Diar reveals that Bitcoin transaction fees skyrocketed 250% in April as BTC blocks grew nearly as full as they were during December 2017 when the Bitcoin price peaked at just under $20,000. SegWit Usage Drops Average Fees Significantly Fees were much lower than at that time, because SegWit usage has steadily increased in the intervening months. Diar writes: “On-chain volume still heavily used for ramping on and off exchanges has been the main culprit
  
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• A Landmark for the Blockchain Island

  07-05-2019 19:29 via cointelegraph.com
  Latest news from the “Blockchain Island” — a view from the Maltese Junior Minister for Financial Services, Digital Economy and Innovation
  
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• French Regulatory Agency Sees 14,000% Surge in Crypto-Related Scam Enquiries Since 2016

  07-05-2019 19:19 via cointelegraph.com
  French stock markets regulator AMF seen over a 14,000% surge in enquiries related to fraudulent crypto offers in 2018 as opposed to 2016
  
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• Privacy Cryptocurrency Grin Receives Mysterious $300K Bitcoin Donation - CoinDesk

  07-05-2019 19:15
  Privacy Cryptocurrency Grin Receives Mysterious $300K Bitcoin Donation  CoinDeskThe developers behind the cryptocurrency project Grin have reportedly received an anonymous donation of 50 BTC – worth an estimated $300,000. The news ...
  
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• Privacy Cryptocurrency Grin Receives Mysterious $300K Bitcoin Donation

  07-05-2019 19:15
  The developers behind the cryptocurrency project Grin are reporting that they have received an anonymous donation of 50 BTC.
  
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• Cryptocurrency Firm OneCoin Sued Over Multibillion-Dollar Fraud - Bloomberg

  07-05-2019 19:07
  Cryptocurrency Firm OneCoin Sued Over Multibillion-Dollar Fraud  BloombergThe company that allegedly ran a multibillion-dollar international pyramid scheme based on the cryptocurrency OneCoin was sued by an investor who's seeking ...
  
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• Dems Pursue Another Nothing Burger as Battle With AG Barr Escalates

  07-05-2019 19:00
  By CCN: Following the release of the Mueller report and the upheaval surrounding Attorney General William Barr’s posturing in its immediate aftermath, Capitol Hill is set to witness yet another unforced error by the DNC. House Democrats have set up a vote for Wednesday, May 8 in an attempt to hold Barr in Contempt of Congress. What Would William Barr Resolution Accomplish? It is no secret that the purpose of the entire kerfuffle is to needle Donald Trump, which would be a sound political s
  
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• Bitcoin (BTC) Is A Secure Investment Next To Gold, A Primer to $8,500?

  07-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) soar, add 13.3 percent in the last week.
  Lisk founder says Bitcoin is a secure investment next to GoldAfter a stellar performance, analysts believe last year’s crypto winter is over as Bitcoin (BTC) prices bottom up, retesting $6,000. From candlestick arrangement, we expect buyers to be firmly in control once prices rally and close above Q4 2018 support now resistance.
  Bitcoin Price Analysis
  Fundamentals
  That the space is rapidly evolving is true, and it is an observation th
  
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• Bitcoin Hater Charlie Munger Accidentally Makes a Case for Crypto

  07-05-2019 18:45
  By CCN: Charlie Munger, a 95-year-old billionaire investor and Warren Buffett’s partner at Berkshire Hathaway, expressed concern over the rate at which money is printed by democratic governments. Ironically, Munger, a skeptic of bitcoin, may have accidentally pointed out the merits of the dominant cryptocurrency. Charlie Munger Hates Bitcoin But Fears the Problem It Intends to Solve Buffett Bro: Bitcoin ‘Dementia’ Patients Worship Judas Iscariot https://t.co/avf6SuPZ74 —
  
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• Diar: Average Bitcoin Transaction Fees Increased by Nearly 200% From March to April

  07-05-2019 18:13 via cointelegraph.com
  The average cost of bitcoin transactions increased by nearly 200% in April compared to March
  
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• Dow Tailspin Just Beginning? Fed Official Predicts Shock Rate Hike

  07-05-2019 18:10
  By CCN: Despite embarking on a stunning recovery on May 6 to turn a brutal 471 point loss into a muted 67 point pullback, the Dow Jones Industrial Average plunged back into decline on Tuesday to deal investors a 435 point loss. Dow Slides More Than 400 Points After Stunning May 6 Comeback Strong fundamental factors such as steady jobs growth and the Federal Reserve’s reluctance to raise its benchmark interest rate have led some analysts to ignore the trade war-induced volatility. “I
  
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• Svandis Incorporates Blockchain and Big Data in a Global Research Platform

  07-05-2019 18:07
  Blockchain and big data have great potential to significantly influence business processes and our everyday lives. However, innovative solutions can’t change the world if they are built and used within silos. A systemic vision needs to be developed in order to transform the way the relationship between crypto space participants is structured. In a digital ecosystem, big data is a natural and renewable resource. The focus of Svandis is to develop tools to understand and recognize the potent
  
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• CZ Slams ‘Bully’ Craig Wright, Donates $10,000 in BNB to Stop Him

  07-05-2019 17:45
  By CCN: Changpeng “CZ” Zhao wants Craig Steven Wright to pick on someone his own size. The binance CEO has announced a new Binance Charity Foundation program dedicated to the legal fees of people who can’t afford to fight sue-happy Wright alone. To kick things off, CZ is putting his money where his mouth is and donating $10,000 in BNB to the fund. The BNB is earmarked for people who are being targeted by the Satoshi Nakamoto imposter but who lack the resources to battle him in
  
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• WeChat Bans Merchants From Dealing in Cryptocurrencies

  07-05-2019 17:32
  The policy change likely stems from pressure from the Chinese government
  
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• Make Cryptocurrency by Driving a Jag?! Sign Us Up - JD Supra

  07-05-2019 17:25
  Make Cryptocurrency by Driving a Jag?! Sign Us Up  JD SupraFirstly, no, you don't have to be an Uber driver driving a Jag to reap the benefit of the car manufacturer's new innovation. Jaguar Land Rover has announced it is ...
  
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• Bitcoin [BTC]: Select Scotland cycle-rickshaws now accept cryptocurrency as payment via Lightning Network - AMBCrypto News

  07-05-2019 17:11
  Bitcoin [BTC]: Select Scotland cycle-rickshaws now accept cryptocurrency as payment via Lightning Network  AMBCrypto NewsBitcoin, the world's largest cryptocurrency, has been having a field day lately as the king coin crossed multiple resistances in just two weeks to inch closer to the ...
  
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• Bitcoin [BTC]: Do early adopters of the cryptocurrency hold a significant advantage over later investors? - AMBCrypto News

  07-05-2019 17:11
  Bitcoin [BTC]: Do early adopters of the cryptocurrency hold a significant advantage over later investors?  AMBCrypto NewsWhen Bitcoin [BTC] came into existence in early 2009, the majority of the global population did not understand the concept of virtual currencies and the ...
  
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• Fidelity Crypto Trading Creates ‘Best News’ Scenario for Surging Bitcoin Price

  07-05-2019 17:10
  By CCN: Fidelity, one of the world’s largest investment firms with almost $7 billion customer assets, will reportedly launch a cryptocurrency trading platform “within weeks.” The bitcoin trading service is aimed at institutional investors and will come complete with high-grade custody. Bloomberg’s Matthew Leising said the move is the “best news” for the price of cryptocurrencies, which this morning surged to a 2019 high: “For the price of Bitcoin, this m
  
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• Cryptocurrency market update: Will prices go past previous highs? - Yahoo Finance

  07-05-2019 17:00
  Cryptocurrency market update: Will prices go past previous highs?  Yahoo FinanceAt the time of writing, the cryptocurrency market is booming again, despite volumes dropping across major exchanges. During the weekend, Bitcoin and other ...
  
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• Stock Market Faces Gloomy Decade as Economic ‘Tsunami’ Looms

  07-05-2019 16:50
  By CCN: Every year, the financial world’s brightest minds convene at the Milken Global Conference. This year, many of those same minds warned that the stock market faces a decade characterized by doom and gloom. Milken Analysts: Wave Farewell to Roaring Stock Market Guggenheim’s Chief Investment Officer Scott Minerd grabbed the big headline at the Milken Global Conference by saying the annual returns for the stock market over the next 10 years would be minimal. “For US equ
  
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• Seinfeld Actor Jason Alexander Slams ‘Jerk’ Ted Cruz in 2020 Presidential Burn

  07-05-2019 16:49
  By CCN.com: Former presidential candidate Ted Cruz walked right into a comedic slam when he tried to make a Seinfeld joke on Twitter this week. His failed humor drew the attention of Seinfeld actor Jason Alexander (who played George Costanza on the cult sitcom) who called the Republican senator a “jerk.” Michael Bennet’s campaign is a Seinfeld campaign—about nothing—that typifies the Left’s empty rage in 2020. In a decade in the Senate, he’s done very li
  
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