Cryptocurrency news

• Crypto Markets Surge as Bitcoin Nears $7,000: Is “Altseason” Upon Us?

  11-05-2019 23:30 via newsbtc.com
  Bitcoin’s recent series of upwards surges that have led it towards $7,000 have put the final nail in the coffin for the crypto’s bears and have drastically altered the overall market sentiment for the better.
  Now, analysts are closely watching to see how altcoins respond to Bitcoin’s recent surge, and many analysts believe that Bitcoin’s rally may begin to cool-off, allowing the overall crypto markets to surge higher.
  Crypto Markets Surge as Bitcoin Nears Resistance at $7
  
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• Bitcoin Price Will Triple to $20,000 by 2021: Investment Bank Canaccord

  11-05-2019 23:30
  By CCN: Bitcoin is 2019’s best-performing asset thanks to the massive rise in the price of the cryptocurrency, and a growing chorus on Wall Street proclaims that BTC’s terrific momentum won’t be dying out anytime soon. Canaccord Genuity, an investment banking and wealth management company based out of Vancouver, published a research note predicting that the price will gradually climb back to $20,000 by March 2021. “Bitcoin has started to form the spring 2019 bottom we beg
  
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• $1 Million Bitcoin Scavenger Hunt Attracts 60,000 Digital Sleuths (And New Investors)

  11-05-2019 23:00
  Satoshi's Treasure has attracted enough sponsorship to continue making crypto-centric games even after someone wins this initial prize.
  
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• GoTenna Partners With Blockstream Satellite to Make Using Bitcoin Without an Internet Connection Simpler

  11-05-2019 21:57
  Sending bitcoin transactions without an internet connection just got a little bit easier. Announced at the Magical Crypto Conference on Saturday in New York City, Blockstream Satellite and goTenna are integrating their technologies to make it easier to send bitcoin transactions with technology used to onboard people without direct internet connections. Blockstream Satellite is a […]
  
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• This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke

  11-05-2019 21:45
  By CCN: Wall Street loves to compare bitcoin to tulip bulbs and beanie babies, but if the stock market isn’t trapped in a devastating bubble then nothing is. It’s easy to trash crypto in the wake 2017 ICO frenzy. From peak to trough bitcoin lost around 85 percent of its value in 2018. And bitcoin is generally regarded as the safe haven play in the digital currency landscape. Many small-cap coins lost more than 95 percent of their value; others went bust. That may, however, be a valua
  
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• Analyst: Bitcoin is Now Firmly in Bull Market Territory, Which Means Traders Should Start Buying Dips

  11-05-2019 21:30 via newsbtc.com
  After being stuck in a persisting bear market for over a year, Bitcoin appears to have formed $3,200 as a long-term bottom that has allowed the cryptocurrency to surge higher, firmly establishing a fresh bull trend that has sent BTC surging to new year-to-date highs.
  This bullish price action has led analysts to concur that the next bull run has officially started, which means that now could be the time for buying each pullback.
  Bitcoin (BTC) Briefly Surges to $7,000
  At the time of writing, Bitc
  
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• US Blockchain Investor Terpin Awarded Over $75 Million in SIM Swapping Case

  11-05-2019 21:28 via cointelegraph.com
  Crypto industry figure Michael Terpin wins almost $76 million in a civil case involving SIM swapping
  
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• Bitcoin Approaches $7K as Top Cryptos See Double Digit Growth

  11-05-2019 21:07 via cointelegraph.com
  Bitcoin climbs towards $7K as most of the top 20 cryptocurrencies report major gains on the day
  
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• Key To Crypto Adpotion: HTC May Bring Blockchain Mainstream With Exodus 1s

  11-05-2019 21:00 via newsbtc.com
  In 2018, HTC, the Taiwan-based technology giant and smartphone manufacturer, shocked the crypto world when it unveiled plans to launch a blockchain-friendly device. This marked the first time that a large technology corporation had revealed it was allocating serious capital towards a cryptocurrency product.
  Unlike many other ventures in this embryonic industry and contrary to critics’ expectations, the device, dubbed “EXODUS 1 (One)” by HTC, has flourished. In fact, industry le
  
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• HTC Says Its Next Smartphone Will Run a Full Bitcoin Node

  11-05-2019 21:00
  HTC plans to release a low-cost smartphone capable of running a full bitcoin node by the end of Q3.
  
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• Top 6 Cryptocurrency Exit Scams - NullTX

  11-05-2019 20:39 via nulltx.com
  Top 6 Cryptocurrency Exit Scams  NullTXEvery time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, ...
  
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• ‘Bitcoin Jesus’ Preaches Libertarian Gospel of Crypto & Crack Cocaine

  11-05-2019 20:15
  By CCN: Roger Ver took to YouTube to read another letter from Ross Ulbricht, creator of the first darknet market using Bitcoin. The libertarian idealist used the opportunity to rail against the war on drugs. Roger Ver Reads Letter from Silk Road Founder Ross Ulbricht Roger Ver – once nicknamed “Bitcoin Jesus” for his rabid crypto evangelism –  is more recently best known as a major proponent of Bitcoin Cash, which he views as remaining more faithful to the vision of
  
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• Crypto Tidbits: Binance Bitcoin Hack, Buffett Hates Cryptocurrency, Ethereum Futures Inbound - newsBTC

  11-05-2019 20:00 via newsbtc.com
  Crypto Tidbits: Binance Bitcoin Hack, Buffett Hates Cryptocurrency, Ethereum Futures Inbound  newsBTCAnother week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has surged yet again, with the asset moving past $6,000 — one of 2019's most ...
  
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• Crypto Tidbits: Binance Bitcoin Hack, Buffett Hates Cryptocurrency, Ethereum Futures Inbound

  11-05-2019 20:00 via newsbtc.com
  Another week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has surged yet again, with the asset moving past $6,000 — one of 2019’s most important levels. This came as a slew of positive news graced the cryptocurrency and blockchain market.
  Throughout the past seven days, Fidelity Investments was revealed to have plans to launch BTC trading “within weeks”, Binance was hacked for $40 million worth of cryptocurrency, and an array of news was unveiled ab
  
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• Mine Your Health; Starts with mHealthcoin

  11-05-2019 19:58
  “Time and health are two precious assets that we don’t recognize and appreciate until they have been depleted.” – Denis Waitley Obviously, not all humans exercise regularly mostly due to lack of personal motivation, lack of time, and “distractions” of modern life. Most people spent their whole day scrolling on their Smartphones, playing and streaming on mobile games, taking pictures on the gym ýes, just taking pictures, no exercise, no workout. For them
  
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• Institutional support for bitcoin growing, progressive regulations drafted

  11-05-2019 19:35
  A bevy of incoming news from the past weeks includes more data legislation from the European Union, more negative bitcoin comments and updates on Fidelity’s upcoming bitcoin trading.
  New data law for the European Union
  According to a post from Fortune, the European Union will dish out a sequel to its “payment services directive,” called PSD2. Targeting financial firms, the law looks to “[b]oost competition and innovation within the industry by making banking and payments
  
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• BitMart and Genesis Block Announce Strategic Partnership

  11-05-2019 19:13
  NEW YORK NY, May 11, 2019— BitMart, a premier global digital asset trading platform, is pleased to announce a strategic partnership with Genesis Block Group Holdings LLC and its affiliates (“Genesis Block”), a blockchain and digital asset-focused services platform that includes a registered broker-dealer subsidiary, GB Capital Markets, Inc. The partnership is the first long-term strategic collaboration between a global leading digital asset trading platform and a US-based digit
  
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• $400,000 Bitcoin (BTC) price predicted by prominent hedge fund manager

  11-05-2019 18:55
  Bitcoin has had a good run in 2019 as it is currently approaching the $7,000 mark. This, after the bitcoin price dropped as low as $3,200 in December 2018.
  Although it might still be too early to think that we’ve entered a bull market, there are some financial advisory firms and Wall Street veterans who’ve made some very bold Bitcoin price predictions.
  Canaccord Predicts Bitcoin Could Hit $20k By 2021
  The financial advisory firm Canaccord Genuity Group has forecast a $20,000 Bitcoin
  
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• Ethereum Foundation to Spend $30 Million on Development Over Next Year

  11-05-2019 18:45
  The Ethereum Foundation's executive director, Aya Miyaguchi, announced how much the non-profit aims to spend on critical projects.
  
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• Ethereum Foundation Plans to Spend $30 Million on Ecosystem Development

  11-05-2019 18:45
  The Ethereum Foundation's executive director, Aya Miyaguchi, announced how much the non-profit aims to spend on critical projects.
  
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• 5 Things to Know About Facebook’s Cryptocurrency Ambitions - The Motley Fool

  11-05-2019 18:30 via fool.com
  5 Things to Know About Facebook’s Cryptocurrency Ambitions  The Motley FoolFacebook (NASDAQ:FB) is building a cryptocurrency payment platform for its social network, according to The Wall Street Journal. The platform, codenamed ...
  
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• What to Expect if United States Successfully Ban Cryptocurrency Trading - Today's Gazette

  11-05-2019 18:27 via todaysgazette.com
  What to Expect if United States Successfully Ban Cryptocurrency Trading  Today's GazetteCryptocurrency has been receiving a host of criticisms from different countries, especially in the United States where it is seen as a threat to the country.
  
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• Top 5 Crypto Performers Overview: BTC, ETH, BCH, LTC and XMR

  11-05-2019 18:24 via cointelegraph.com
  A rally being led by the largest crypto is a bullish sign. Let’s take a look at the charts
  
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• Ben Shapiro Self-Destructs on BBC as Host Unleashes Savage Mic Drop

  11-05-2019 18:22
  By CCN: Stumbling across a headline like “Ben Shapiro self-destructs on camera” is not a rare sight on the internet. As perhaps the most conservative millennial conservative commentators, his aggressive debate style often incites rage in his political opponents. For once, though, Shapiro not only self-destructed in spectacular fashion – but to his credit – he actually admitted it. Watch Ben Shapiro Storm out of BBC Interview Here’s the hilarious backstory. Shapiro a
  
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• This Technical Indicator Predicts Bitcoin above $300K by 2021

  11-05-2019 18:00 via newsbtc.com
  The bitcoin price could discover new highs above $300,000 by 2021, according to a popular technical indicator.
  Dubbed as the Stochastic RSI, the indicator helps investors identify oversold and overbought conditions inside the market. It indicates a probable change in the direction of a price trend. GalaxyBTC, a pseudonymous cryptocurrency analyst, applied Stochastic RSI on the monthly bitcoin chart and compared the indicator’s past performance with the cryptocurrency’s price beh
  
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• SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency - CryptoSlate

  11-05-2019 17:24 via cryptoslate.com
  SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency  CryptoSlateSEC commissioner Hester Peirce—the highest position in the agency second to the chairman—implored the Commission to provide regulatory clarity to the ...
  
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• Bitcoin Price is Dangerously Parabolic at 8-Month High, Could Collapse Below $6,000

  11-05-2019 16:40
  By CCN: Nothing is stopping the bitcoin price from establishing fresh yearly highs above $6,000. The world’s leading cryptocurrency today settled a new intraday peak towards $6,989 on US-based exchange Coinbase, its best since September 5, 2018. The sustained uptrend helped bitcoin to post a net bottom-rebound of 122.69-percent. At the same time, it pushed the asset’s year-to-date performance to 83.98-percent. The move reflected traders’ willingness to purchase bitcoin at newly
  
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• U.S. Treasury to Name-Shame Vietnam for Manipulating Its Dong

  11-05-2019 15:48
  By CCN: Writing for Bloomberg, Michelle Jamrisko and Nguyen Dieu Tu Uyen report Vietnam is at risk of being labeled a currency manipulator. Vietnam is going to be labeled that – by whom? The U.S. federal government and socialist financial system? They’re the biggest currency manipulators of all. Jamrisko and Nguyen write: “Vietnam may be the latest country to be targeted by the U.S. as a currency manipulator in a twice-yearly Treasury report on foreign currencies expected this
  
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• Crypto Market Hits $200 Billion, Bitcoin Rallies To $7K: BCH, LTC, EOS, ADA Analysis

  11-05-2019 15:28 via newsbtc.com
  The total crypto market cap surged higher and tested the $200B resistance level.
  Bitcoin price gained traction above $6,500 and traded close to the $7,000 level.
  Litecoin (LTC) price is up 15% and it recently broke the $85.00 resistance
  Bitcoin cash price gained more than 12% and surged above the $300 and $310 levels.
  EOS price is also up more than 10% and recently cleared the $5.20 resistance area.
  Cardano (ADA) price rallied 12% and it recently broke the $0.0700 resistance level.The crypto ma
  
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• AOC’s Blockbuster Netflix Deal Exposes Her True Celebrity Aspirations

  11-05-2019 15:00
  By CCN: New York congresswoman, Instagram celebrity, and budding Netflix star Alexandria Ocasio-Cortez (AOC) seems far more interested in cultivating her celebrity profile than performing the nitty-gritty work of a public servant. Scoring her second deal with the Obama-allied streaming service Netflix, AOC has announced that she’s in talks to produce another documentary with the film company’s original content division. This time around, the project will focus on her now-defunct Gree
  
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• What Facebook’s Cryptocurrency Could Look Like - Barron's

  11-05-2019 14:00 via barrons.com
  What Facebook’s Cryptocurrency Could Look Like  Barron'sIt will likely resemble Bitcoin more than Starbucks Rewards, says one analyst. The social-media giant's crypto ambitions may surprise you.
  
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• Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss

  11-05-2019 13:24
  By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers. The fund bought in at $48.77 a share, far higher than Uber’s debut price of $42. At the time of writing Friday, Uber shares were fluctuating between about $42 and $45. Uber IPO Leaves Mighty Wake The Saudi Arabian fund, which is t
  
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• Binance and Coinbase Traffic Spikes as Bitcoin Price Surges 81% YTD

  11-05-2019 13:00 via newsbtc.com
  Over a million internet users are visiting Binance every day as the cryptocurrency exchange manages a $40 million hack scandal amidst a bitcoin price boom.
  Toronto-based Kevin Rooke, known for his insightful crypto-related social media analysis, revealed that Binance’s daily average traffic had gone up by 13 percent in April. At 1,183,000 visits, the Malta-based exchange was hosting its best website statistics since October 2018. The analysis appeared as soft evidence of people’s gro
  
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• Barclays and RBS Have Reduced the Real Estate Transaction Process Four Times: Who Benefits?

  11-05-2019 12:41 via cointelegraph.com
  Blockchain can save the real estate market $160 billion, as the results of a trial carried out by Barclays and RBS show
  
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• Bitcoin Price Hits 8-Month High Close to $7K

  11-05-2019 12:37
  Bitcoin surged to an eight-month high of $6,964 earlier today, as a bull cross of long-term moving averages occurred for the first time since 2015.
  
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• Moving Beyond ‘The Blockchain Is the App’

  11-05-2019 11:05
  Blockchains are useless on their own. For decentralized computing to work, they must intersect with other solutions. writes Intel's Mic Bowman.
  
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• Bombastic Bitcoin Price Nears $7,000 in Big Parabolic Rally, is $8,000 Next?

  11-05-2019 10:43
  By CCN: The bitcoin price has climbed to $6,964 on the day’s peak in major markets like the U.S., recording a staggering 9 percent rise within 24 hours, bringing its one month gain to 23 percent and fueling the crypto market. Traders were initially cautious about the near-term price trend of bitcoin as large resistance served as a potential roadblock for the asset to continue its upward momentum. The bitcoin price comfortably broke out of the $6,000 level, climbing to September 2018 levels
  
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• Fortnite Season 9 Spitfire Begins: Return of The Drum Gun

  11-05-2019 09:42
  By CCN: Fortnite Season 9 has begun, and along with with it, a heavy dose of carnage and chaos. Even the Battle Royale map hasn’t been spared! Retail Row and Tilted Towers were obliterated and replaced with new, cyberpunk Neo-Tilted and Mega Mall. Epic Games has delivered new modes of transportation and destruction. Give Me Your Guns, Grenades, And More! Fortnite Season 9 Has Begun Fortnite players love guns, explosions, and relentless destruction. In Season 9, some of you will be glad to
  
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• Cryptocurrency This Week: Binance Hacked, Fidelity To Offer Bitcoin Trading - Inc42 Media

  11-05-2019 09:25 via inc42.com
  Cryptocurrency This Week: Binance Hacked, Fidelity To Offer Bitcoin Trading  Inc42 MediaBesides Binance hack in crypto this week, as Fidelity Investments plans to offer Bitcoin trading, Chinese Bitcoin mining giant cuts 88% production. Read more.
  
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• ICO-Funded Decentralized Crypto Exchange Caught Plagiarizing Whitepaper

  11-05-2019 09:10
  By CCN: Some on Bitcointalk have concluded that decentralized crypto exchange Localcoin is a scam because they’ve conclusively found that their whitepaper was plagiarized. This hasn’t stopped projects in the past. In a post last month, user ICOEthics raised the alarm and published his findings. Everyone Points the Finger at Each Other A Localcoin representative responded that the company had outsourced their whitepaper. The intent was to explain the derivation of the plagiarism, but
  
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• 5 Things to Know About Facebook’s Cryptocurrency Ambitions - Motley Fool

  11-05-2019 09:00 via fool.com
  5 Things to Know About Facebook’s Cryptocurrency Ambitions  Motley FoolFacebook (NASDAQ:FB) is building a cryptocurrency payment platform for its social network, according to The Wall Street Journal. The platform, codenamed ...
  
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• Analysts Roar As Bitcoin Tops $6,700, Short Squeeze May Sustain Crypto Rally

  11-05-2019 08:00 via newsbtc.com
  No. Way. Bitcoin (BTC) just hours ago moved above $6,700 and even flirted with $6,800 on some crypto exchanges. Although many have been absolutely enamored with this move, some have been left asking: Is the cryptocurrency moving too far too fast? Let’s take a look at some analysis.
  Related Reading: Analyst: Bitcoin Above $6,400 Confirms Real Bull Run, Volume Surges 3x
  Bitcoin Blips Above $6,700, Crypto In Disbelief
  Over the past five weeks, Bitcoin has been in a decidedly bullish trend. Ev
  
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• BORA’s Random Number Generation API Offers Security for Probability Systems

  11-05-2019 06:50
  BORA has developed an Application Programming Interface (API) that ensures fairness, reliability, and transparency in probability systems using blockchain technology. Today, we introduce BORA’s random number generation API, now available to content developers. Probability systems are commonly used for various purposes, including online gaming. Many online gamers have experienced successes and disappointments with random boxes, leading players to question the possibility of manipulating the
  
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• Bitcoin (BTC) Price Hits $6.5K Target: $6.85K Could Be The Real Test

  11-05-2019 05:18 via newsbtc.com
  Bitcoin price extended gains above the $6,400 and $6,440 resistance levels against the US Dollar.
  The price tested the key $6,500 resistance level as discussed in yesterday’s analysis.
  Besides, yesterday’s highlighted important bullish trend line is intact with support at $6,060 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair remains in a strong uptrend and it seems like the real test for the bulls could be near $6,850.Bitcoin price is extending its rally a
  
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• Vitalik Buterin Eyes Research on Privacy Coin Monero’s Traceability

  11-05-2019 04:30
  By CCN: Vitalik Buterin has expressed an interest in incorporating privacy features into Ethereum. He is partial to the ZK-SNARKS technology that is used in privacy coin Zcash. Nonetheless, his senses appear to be particularly keen about any developments surrounding privacy protocols. This became clear when a research paper was published entitled: “FloodXMR: Low-cost transaction flooding attack with Monero’s bulletproof protocol.” The researchers decided to explore what th
  
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• Tim Draper Believes Bitcoin Will Grab 5% of the Earth’s Market Share

  11-05-2019 02:30
  By CCN: While Elon Musk and Jeff Bezos are focused on Mars, billionaire venture capitalist Tim Draper has his feet firmly planted on the ground. Draper might appear to have his head stuck in the clouds with a lofty $250,000 bitcoin price prediction. But from what he tells Fox Business, the early bitcoin investor isn’t stargazing: “I’m a believer that in four years, something like that, bitcoin will be about a 5% market share of the earth.” Tim Draper on Bitcoin "I'm a bel
  
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• Crypto Wallet Secures $50 Million Insurance for Customer Crypto Assets

  11-05-2019 02:02 via cointelegraph.com
  Crypto securities company Curv has insured up to $50 million in customer assets through a new partnership with Munich Re
  
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• Time To Short? Recent Bitcoin Price Parabola Broken Despite Continued Climb

  11-05-2019 02:01 via newsbtc.com
  The current ongoing Bitcoin rally has bulls and bears alike in complete disbelief, due to the crypto market leader not only continuing to climb in the face of negative news, and even though it is facing extremely powerful overhead resistance that is the result of the price level playing support throughout the bear market.
  Since the early April surge that kicked off the bullish rally, Bitcoin price has once again gone parabolic. According to crypto analysts, that parabola has now been broken, and
  
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• US Senate Mulls Regulatory Implications of Facebook’s Mysterious Crypto Project

  11-05-2019 02:00 via newsbtc.com
  Recently, a buzz of excitement spread throughout the cryptocurrency community after news broke regarding social media giant Facebook’s foray into the crypto industry through a new project that may introduce the benefits of digital currencies to billions of the platform’s users.
  Although this was certainly a bullish sign that many analysts viewed as the epitome of mainstream adoption for the nascent technology, the US Senate is now getting involved in the project, recently sending an
  
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• Vitalik Buterin, Joseph Lubin Each Donate 1,000 Ether to Moloch DAO

  11-05-2019 01:16 via cointelegraph.com
  Ethereum co-founders Joseph Lubin and Vitalik Buterin have each donated 1,000 ether to the Moloch decentralized autonomous organization
  
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