Cryptocurrency news

• Bitcoins for Frappuccino: Will Starbucks’ Crypto Endeavours Pave the Way for Mainstream Adoption?

  12-05-2019 23:18 via cointelegraph.com
  Is the long-awaited mainstream adoption finally coming to the crypto market? A deeper look into Starbucks’ crypto plans, which includes a blockchain and BTC payments
  
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• Elon Musk is Wrong! Uber CEO Bites Back at Tesla CEO’s Robotaxi Boast

  12-05-2019 23:00
  By CCN: Robotaxis will one day litter our streets and highways, but not as soon as Tesla CEO Elon Musk boasts. Uber CEO Dara Khosrowshahi levied this critique ahead of the $70 billion rideshare giant’s disappointing IPO, which saw its stock plunge nearly 8% despite debuting at a surprisingly conservative $45. Dara Khosrowshahi Disputes Elon Musk’s Lofty Robotaxi Timeline Khosrowshahi disagrees with Elon Musk’s lofty claim that the robot-controlled vehicles will be on the road a
  
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• Don’t Panic, Bitcoin “Nuking” $6,400 Resistance Is Extremely Bullish

  12-05-2019 23:00 via newsbtc.com
  Over recent hours, Bitcoin (BTC) has begun to slow, with bullish momentum falling off across the board. Yet, some say it may be a bit too early to call for a doomsday-esque scenario, which sees BTC fully retrace its sudden spike higher.
  Bitcoin Moving Past $6,400
  When BTC paused at $6,000 just days ago, few thought that the asset was going to be able to surmount $6,400 — a level of utmost importance through 2018, as the cryptocurrency failed to fall below that level for months on end. In f
  
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• Ernst & Young to QuadrigaCX users: You’re screwed - Modern Consensus

  12-05-2019 22:36 via modernconsensus.com
  Ernst & Young to QuadrigaCX users: You’re screwed  Modern ConsensusThe cryptocurrency exchanges bankruptcy trustee said it may not be worth looking for the missing 90% of customers' digital assets Cryptocurrency exchange ...
  
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• Trump Advisor’s Shock Admission Threatens to Rock Stock Market

  12-05-2019 22:30
  By CCN: Top Trump advisor Larry Kudlow admitted to Fox News’ Chris Wallace that “both sides will suffer” over the Trump administration’s U.S.-China trade war. You should expect the stock market will take heed of the likely loss of billions of dollars in business for the American automobile, agricultural, and tech industries when the bell rings on Monday. Fox News Host Debunks Trump Trade War Narrative Markets continue to languish under the looming shadow of higher im
  
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• Boom! Crypto Hack Victim Wins Bombshell $75 Million Case

  12-05-2019 21:45
  By CCN: Crypto investor and entrepreneur Michael Terpin was awarded $75.8 million in California’s Supreme Court in a civil judgment against a man Terpin claims stole cryptocurrency assets from him. But Terpin has only just begun. The entrepreneur is also pursuing damages from AT&T and other members of the 21-year-old defendant’s gang. Crypto Crusader Unmasks Gang Member, Now He Wants To Nail AT&T Michael Terpin is an entrepreneur and cryptocurrency advocate. Nicolas Truglia,
  
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• Coinbase-Backed Stablecoin Startup Reserve to Launch ‘Venmo Style App’ in Venezuela

  12-05-2019 21:38 via cointelegraph.com
  A stablecoin-based, “Venmo style” payments app will be launched in Venezuela and Angola by Coinbase-backed startup Reserve
  
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• Details Emerge on Possible Features of Facebook's Anticipated Cryptocurrency - Crowdfund Insider

  12-05-2019 21:17 via crowdfundinsider.com
  Details Emerge on Possible Features of Facebook's Anticipated Cryptocurrency  Crowdfund InsiderFacebook (NASDAQ:FB) is stuffing its ranks with former PayPal staff, and an announcement regarding the company's much-anticipated stab at creating a.
  
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• AOC’s ‘Radical’ Credit Card Bill Virtue-Signals Voters Back to the Poor House

  12-05-2019 20:30
  By CCN: 2020 presidential hopeful Bernie Sanders and his democratic-socialist protégé Alexandria Ocasio-Cortez are trying to introduce a bill that even AOC describes as “radical.” Alexandria Ocasio-Cortez & Bernie Sanders Take Aim at Credit Card Interest Rates The bill would cap all credit card interest rates at 15 percent. Right now, the average banking institution is charging an interest rate of roughly 17 percent on the cards it issues, though interest rates, acc
  
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• If History Rhymes, Bitcoin (BTC) May Retrace To High-$5,000s

  12-05-2019 20:00 via newsbtc.com
  What a week it’s been for Bitcoin (BTC). In the past 72 hours, the asset has rallied from the low-$6,000s to $7,500, then to $6,900 (current), driven by a newfound sense of hype, passion, and belief in the cryptocurrency cause.
  However, as the market has cooled — temporarily at least — analysts have begun to get more level-headed, doing their utmost to figure out where cryptocurrencies could head next. This time for pondering has led to some staggering revelations.
  Related Read
  
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• Blockchain Investor Terpin Awarded $75.8 Million in Landmark Case Against Cryptocurrency Fraud - Toshi Times

  12-05-2019 19:42 via toshitimes.com
  Blockchain Investor Terpin Awarded $75.8 Million in Landmark Case Against Cryptocurrency Fraud  Toshi TimesThe US cryptocurrency and blockchain technology investor Michael Terpin has been awarded $75.8 million in damages in a cryptocurrency fraud case.
  
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• Dollar’s Brutal 100-Year Tailspin Guarantees a Spellbinding Bitcoin Rally

  12-05-2019 19:00
  By CCN: The mighty US dollar appears to be one of the world’s safest currencies. This sense of security has blinded many from seeing that the greenback has lost tremendous value over the past 100 years, a fact that should send investors piling into a surging Bitcoin. US Dollar Trapped in Irreversible Century-Long Downtrend In the early 1900s, a dollar could get you a nice pair of patent leather shoes. The currency had so much value back then because there was only $7 billion in circulation
  
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• Ethereum’s Reddit Moderators Rethink Approach After Community Flashpoint

  12-05-2019 17:59
  Controversy surrounding Reddit moderation in the ethereum community has led to mods resigning and new practices being codified on the forum.
  
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• Ethereum’s Reddit Moderators Resign Amid Controversy

  12-05-2019 17:59
  Controversy surrounding Reddit moderation in the ethereum community has led to mods resigning and new practices being codified on the forum.
  
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• Bitcoin Price Will Hit $500,000 Cause it Beats Gold: Hedge Fund Chief

  12-05-2019 17:45
  By CCN: The bitcoin bull market is here, as the price of the flagship cryptocurrency has shot through $7,400 and it seems all set to go higher. Bitcoin bulls estimate that the price of each coin could hit $20,000 very soon thanks to rising demand. But there are some who believe that the price of bitcoin could very well go on to hit cool six-figure sums in the future, including Morgan Creek Digital CEO Mark Yusko. Yusko’s yummy bitcoin price forecast Morgan Creek Digital is an asset managem
  
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• Codename ‘TRUEngine’: GE Aviation, Microsoft Reveal Aircraft Parts Blockchain

  12-05-2019 17:30
  Millions of dollars worth of airplane parts are unusable. GE Aviation's new blockchain tech aims to fix that.
  
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• Codename ‘TRUEngine:’ GE Aviation and Microsoft Reveal Aircraft Parts Certification Blockchain

  12-05-2019 17:30
  Millions of dollars worth of airplane parts are unusable. GE Aviation's new blockchain tech aims to fix that.
  
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• Codename ‘TRUEngine:’ GE Aviation and Microsoft Reveal Aircraft Parts Blockchain

  12-05-2019 17:30
  Millions of dollars worth of airplane parts are unusable. GE Aviation's new blockchain tech aims to fix that.
  
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• Hodler’s Digest, May 6–12: Top Stories, Price Movements, Quotes and FUD of the Week

  12-05-2019 17:26 via cointelegraph.com
  This week in the Hodler’s Digest, Facebook reportedly gathers PayPal staff for its Facebook Coin, and Starbucks gets more into blockchain
  
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• NEO’s Lili Zhao Joins the Barcelona Trading Conference

  12-05-2019 17:04
  Zhao joins a star-studded panel on Stablecoins at the Barcelona Trading Conference
  
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• Bitcoin Price Rages Near $7,500 – Triggered by the US-China Trade War?

  12-05-2019 16:30
  By CCN: U.S. President Donald Trump announced a trade war with China Friday, hiking tariffs on $200 billion worth of Chinese exports from 10% to 25%. On the same day, the bitcoin price extended its uptrend after jumping above $6,000. The two events did not share anything except a date. But, according to Ed van der Walt, they probably had an interesting connection. The Bloomberg reporter theorized that investors were using bitcoin as “trade-war play,” stating that President Trump&rsqu
  
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• Blockchain’s Adoption Challenge Is a Human Problem, Not Technical

  12-05-2019 15:59
  The “blockchain” concept has potential to be very powerful, but only if society is willing to change direction and purpose, says Maja Vujinovic.
  
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• 5 U.S. Stocks That Offer Shelter From Trump’s Trade War Dumpster Fire

  12-05-2019 15:22
  By CCN: President Donald Trump’s trade war aggression on both the European Union and Chinese fronts has already dealt a major blow to many American industries. Worst hit are the automobile and agriculture sectors, the collateral damage of Trump’s trade wars. They’ve lost billions of dollars worth of business to retaliatory Chinese tariffs. Equities Markets Terrified of Trump’s Trade War Trump’s drum beat and the march to trade war also has equities markets spooked.
  
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• When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses

  12-05-2019 15:00
  The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
  
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• Over $290mn lost in cryptocurrency mining scam in China | Cryptopolitan - Cryptopolitan

  12-05-2019 15:00 via cryptopolitan.com
  Over $290mn lost in cryptocurrency mining scam in China | Cryptopolitan  CryptopolitanAn illegal cryptocurrency mining scheme was recently exposed by the Chinese authorities. Two billion Renminbi (2B¥) was stolen in total using this scheme.
  
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• Htc’s New $300 Smartphone ‘Exodus 1s’ Can Run a Full Bitcoin Node

  12-05-2019 13:50
  By CCN: HTC plans to launch a second generation of the Exodus 1 blockchain smartphone by 2019, according to the company’s Chief Decentralized Officer Phil Chen. The upcoming Exodus 1s will provide more support for decentralized browsing, messaging, and social media apps (dapps). But that’s not all. The 2nd gen blockchain smart phone will also be able to run a full bitcoin node HTC said Saturday. So with the $300 smartphone due Q4 2019 you’ll be able to contain the entire bitcoi
  
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• Why the Bitcoin price defines the cryptocurrency market - Yahoo Finance

  12-05-2019 13:00 via finance.yahoo.com
  Why the Bitcoin price defines the cryptocurrency market  Yahoo FinanceCrypto Tidbits: Binance Bitcoin Hack, Buffett Hates Cryptocurrency, Ethereum Futures Inbound  newsBTCBitcoin Leads Cryptocurrency Surge; Looks to $7K & Beyond  ETF TrendsBitcoin latest news: Is world's leading cryptocurrency a good investment? ask punters  ExpressThis Week in Cryptocurrency: May 10th, 2019  CoinCentralView full coverage on Google News
  
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• R3 Lead Mike Hearn: Corda is More Like Bitcoin Than Ethereum

  12-05-2019 12:06
  By CCN: “Corda is more like Bitcoin,” says Mike Hearn, lead engineer for Corda, the open source blockchain of the industry consortium R3. “It owes more of its intellectual history to bitcoin than Ethereum in a way. Its’ data model is similar to Bitcoin, which enables you to have privacy because you don’t see transactions on your critical path.” Early Bitcoin adopters knew the risk they were taking, he says, despite infamously stating bitcoin had failed in earl
  
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• Bitcoin Price Crosses $7,500 to Establish Fresh 2019 High

  12-05-2019 12:06 via newsbtc.com
  The bitcoin price has jumped above $7,500 to discover its fresh yearly high.
  The world’s largest cryptocurrency established $7,568.32 as its new session peak, bringing its year-to-date net rebound up to 140 percent on San Francisco-based Coinbase exchange. The broader cryptocurrency market tailed bitcoin’s uptrend, with a majority of top assets posting double-digit gains, including Bitcoin Cash, Litecoin, EOS, and Ethereum. Even Bitcoin SV, which lately faced trading ban at several c
  
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• Above $7.5K: Bitcoin Price Hits Highest Level Since August 2018

  12-05-2019 11:07
  Bitcoin’s price rose above $7,500 on most exchanges for the first time today in over 9 months marking a resurgence of the crypto bull market.
  
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• ErisX’s Spot Market: More Institutional Participation and Regulatory Oversight Coming to Crypto?

  12-05-2019 10:49 via cointelegraph.com
  ErisX’s spot market may bring more smart money, regulatory intervention to crypto
  
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• Bitcoin Volume on BitMEX Skyrockets to Staggering $10 Billion as BTC Hits 2019 High

  12-05-2019 10:33 via newsbtc.com
  As the bitcoin price surged past $7,550 to establish a new 2019 high, the daily volume of the dominant cryptocurrency on BitMEX hit $10 billion.New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic.twitter.com/iLMGdpz65n
  — Arthur Hayes (@CryptoHayes) May 12, 2019Arthur Hayes, the CEO at BitMEX, the most widely utilized margin trading platform by bitcoin traders, revealed that the daily volume of bitcoin on BitMEX surpassed $10 billion on a Sunday, whi
  
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• Bitcoin Price Smashes $7,500 With Spectacular Return of Bull Market

  12-05-2019 09:27
  By CCN: The crypto market has made a spectacular return as it added $28 billion in the past 48 hours. The bitcoin price surged past $7,400 and hit a new 2019 high, marking the start of a new bull market. In many major markets, the volume of bitcoin has returned to the late 2017 level with the “real 10” daily spot volume of bitcoin surpassing $1.9 billion. The “real 10” volume calculates the daily volume of BTC using ten exchanges that have more than $1 million in legitima
  
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• Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

  12-05-2019 07:00 via newsbtc.com
  There was a sharp upward move above $6,800 in bitcoin price against the US Dollar.
  The price is up more than 25% in the past few days and it tagged the $7,450 level recently.
  There is a major bullish trend line in place with support at $6,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair remains well supported and it seems like the bulls are now aiming $7,800 or $8,000.Bitcoin price rallied significantly above $6,800 and $7,000 against the US Dollar. BTC seems to be
  
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• Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

  12-05-2019 06:08 via newsbtc.com
  ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar.
  The price even broke the $200 resistance level before starting a downside correction.
  There is a major bullish trend line in place with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair remains well supported on dips and it could rally strongly above $200 and $210.Ethereum price finally gained bullish momentum versus the US Dollar, along with bitcoin. ETH seems to be
  
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• Magical Crypto Conference Highlights, Day 1: Lightning & Big Brother

  12-05-2019 05:43
  The first day of Magical Crypto Conference had a lot of highlights ranging from great announcements and great talks, to borderline bizarre displays of eccentricity. When was the last time anyone went to a Bitcoin event and saw a real bull next to the entrance? Or when did any conference organizer create a custom arcade machine that runs an original video game for which you pay with Lightning instead of quarters? Even Riccardo “Fluffy Pony” Spagni has showed up with a remote-controll
  
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• Mike Novogratz: Web 3.0 Will Change the World, Not Bitcoin

  12-05-2019 03:26 via cointelegraph.com
  Bitcoin is not going to change the world as it is just a store of value, Galaxy Digital CEO Michael Novogratz argued at ConsenSys’ Ethereal Summit
  
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• Analysts Worried That Bitcoin Has Topped: BTC Flirts With $7,300

  12-05-2019 02:30 via newsbtc.com
  Whether this is the Consensus effect or not, Bitcoin (BTC) is now decidedly above $7,000. As of the time of writing this piece, BTC has finally tapped $7,400, a level that many see as short-term resistance. Let’s see what analysts are thinking right now.
  Related Reading: Despite Crypto Comeback, Prominent Investor Doesn’t Expect Ethereum 2.0 Until 2021
  Analysts Weigh In On Bitcoin Move
  Prices are moving so fast that analysts’ thoughts on the market are constantly cheering. But
  
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• ConsenSys CEO Predicts Trump Re-Election, Facebook Breakup and Crypto Revival

  12-05-2019 01:40
  To close out the Ethereal Summit, ConsenSys founder Joseph Lubin delivered a keynote address from the year 2047 that foretold social crisis and the rise of Web 3.
  
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• Ilhan Omar Boasts She’s Trump’s ‘Nemesis’ in Cringeworthy Rant

  12-05-2019 01:30
  By CCN: First-year congresswoman Ilhan Omar boasts that she’s already President Trump’s number-one “nemesis.” Why? Because she’s a black woman who has no qualms about flouting our nation’s immigration laws. Writing on Twitter, she said: “This is a president who has come to power vilifying and demonizing immigrants and refugees. He proudly said we should halt Muslims from entering our country.” “It’s not a surprise that he finds his bigg
  
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• Despite Crypto Comeback, Prominent Investor Doesn’t Expect Ethereum 2.0 Until 2021

  12-05-2019 01:30 via newsbtc.com
  Over the past weeks, crypto has returned to the limelight. Bitcoin, Ethereum (ETH), amongst other digital assets have absolutely surged. While no specific fundamental factors have been pinned to the recent rally, it is widely believed that certain bits of news, like Fidelity’s institutional platform and Ethereum starting a Proof of Stake (PoS) integration, has boosted the price.
  But one notable commentator claims that one key development, Ethereum’s transition to PoS (Serenity) may n
  
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• Amazon opens Blockchain Service, Direct Competition to Microsoft, Intel & IBM

  12-05-2019 01:00 via crypto-news.net
  The company announced that fully managed blockchain services will be available to their entire consumer base. Through their tech branch at Amazon Web Services (AWS), Amazon will support companies to realize the potential benefits of adopting blockchain technology, without the overhead costs of programming and maintaining the network, according to a press release published by the company on April 30th.AWS is a popular go to choice for many startups, as well as established companies and enterprise
  
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