Cryptocurrency news

• Newsflash: Bitcoin Price Pierces $8,000 for First Time Since July 2018

  13-05-2019 23:45
  By CCN: An unfettered bitcoin price extended its parabolic ascent on Monday, piercing the $8,000 mark for the first time since July 2018. Bitcoin Price Soars to 10-Month High The flagship cryptocurrency achieved this milestone at 5:15 pm ET, when BTC/USD closed at precisely $8,000 on Bitstamp. Bitcoin hasn’t traded this high since July 2018. The circumstances, of course, were much different, as the cryptocurrency market was trapped in a devastating drawdown that wiped hundreds of billions
  
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• SEC’s Crypto Czar Says Exchanges That List IEOs May Face Legal Risks

  13-05-2019 23:36
  Certain initial exchange offerings (IEOs) may be breaking U.S. securities laws, an SEC official said.
  
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• Canadian Bitcoin Miner Turns a Corner, Bolsters Local Economies

  13-05-2019 23:25
  By CCN: Canada continues to grow its reputation as a friendly destination for bitcoin mining, which has been of particular benefit to the country’s provinces. Canada is attractive because of its energy cost efficiencies, which at least one crypto mining operation is taking advantage of. Emiliano Grodzki, founder and chief strategy officer for Bitfarms, recently told local media about efforts to bring more provinces on board to help them benefit from mining. This includes a recently inked a
  
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• Xbox Two Could Thrash Sony PS5 in the Next Round of the Console Wars

  13-05-2019 23:16
  By CCN: Sony’s PlayStation 4 dominated this round of the console wars, leaving Microsoft’s Xbox One in second place year after year. The lifetime sales of the PS4 just crossed 94 million, while the Xbox One is way behind with just over 42 million in sales since launch. Both consoles launched within a week of each other in November 2013, so it is clear that Sony is doing something right where the Xbox is failing. What’s more, the Xbox One runs the risk of losing the second spot
  
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• Cryptocurrency Is on Financial Advisors' Radar - ETF Trends

  13-05-2019 23:01
  Cryptocurrency Is on Financial Advisors' Radar  ETF TrendsCryptocurrency is an up-and-coming market, and financial advisors are taking a closer look at the opportunities the new asset may present.
  
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• Nym Technologies Raises $2.5 Million to Anonymize Crypto Apps

  13-05-2019 23:00
  This startup is betting tokens can help incentivize privacy infrastructure across the internet.
  
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• Hack? What Hack? Binance Coin (BNB) Leads Crypto Top Ten in Today’s Rally

  13-05-2019 23:00 via newsbtc.com
  Evidently, the recent security compromise that affected crypto exchange giant Binance has done little to dampen optimism for the trading venue’s digital currency, Binance Coin (BNB). Almost the entire crypto market has gone parabolic in the kind of fashion not seen since the days of the 2017 bull market but BNB leads the way in terms of 24-hour price increases.
  The price of the tokens issued by the exchange initially fell following the announcement of the hack last week. However, following
  
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• Facebook loosens advertising policy for cryptocurrency and blockchain-related ads

  13-05-2019 23:00 via crypto-news.net
  Last year in January, the social media giant Facebook, severely limited the ability to advertise any crypto or blockchain related content on its platform. Later the same year, they re-enabled the advertisement but put every ad under a specialized approval team dedicated to cryptocurrency and blockchain. Now, things seem to be changing, according to the latest update of Facebook’s ad policy.The director of product management at Facebook Rob Learnth, at the time of the original ban, said: &l
  
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• Crypto tweets of the day – 13-May-2019

  13-05-2019 22:23
  Crypto Twitter is the place where many funny posts and memes are float around and keep us entertained. Below are some of the most interesting tweets of the day.
  Someone new to the crypto space sends by mistake his Bitcoin to an Ethereum wallet. Consequently, he loses all coins. One crypto enthusiast Cryptonator warns people to be careful and not to send their Bitcoin to Ethereum wallets.Bitcoin trading volume hit $29 billion yesterday – highest in its history.Riccardo Spagni couldn’
  
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• BitOasis Secures Preliminary Approval With UAE Financial Regulator

  13-05-2019 22:21 via cointelegraph.com
  Crypto exchange BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of Abu Dhabi Global Market
  
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• Tyler Winklevoss Pitches Paying Elon Musk in BTC to See Your Email

  13-05-2019 22:20
  By CCN: Have you ever wanted to send Elon Musk an email, only to abandon the idea because he would probably never see it? Tyler Winklevoss has an idea that could increase the chances not only that the email will arrive in the Tesla CEO’s inbox but also that he’ll read it. Winklevoss envisions a crypto-fueled market-based email system, one that charges a “digital postal fee” to keep moonshot ideas in and spam out. He tweeted: “Sending an email to Elon Musk and e
  
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• $10,000 Bitcoin Price Key Level To Trigger Widespread Public FOMO

  13-05-2019 22:00 via newsbtc.com
  Bitcoin and its recent parabolic run has everyone across the crypto market in shock and awe as the first ever cryptocurrency smashes through each powerful psychological resistance level with relative ease.
  It’s clear there’s FOMO – the fear of missing out – in the air, as crypto traders and investors who were waiting to buy Bitcoin back lower than $3,150 are coming to the difficult realization that they missed their chance and are stuck buying Bitcoin back at increasingly
  
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• Why Outlawing Cryptocurrency Purchases is a Terrible Idea - EFF

  13-05-2019 21:59
  Why Outlawing Cryptocurrency Purchases is a Terrible Idea  EFFA member of the U.S. House of Representatives last week called for a bill outlawing Americans from making cryptocurrency purchases, aligning with ...
  
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• Research: ICO Market Down Almost 100% From a Year Ago, Raised $40 Million in Q1 2019

  13-05-2019 21:59 via cointelegraph.com
  According to recent research by BitMEX, the ICO market is down 97% on a year-on-year basis in Q1 2019
  
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• Miami investor starts crypto platform for real estate investment - The Real Deal

  13-05-2019 21:43
  Miami investor starts crypto platform for real estate investment  The Real DealMiami real estate investor Remy Jacobson is a cryptocurrency enthusiast. But when the Initial Coin Offering – the crypto equivalent of an IPO – craze came and ...
  
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• If You Stupidly Invested $1,000 in the Uber IPO, Here’s How Much You Threw Away

  13-05-2019 21:41
  By CCN: The Uber stock price continues to freefall today following a historically terrible initial public offering (IPO). Last Friday, Uber held its first day as a publicly traded company with a starting price of $42 – already three dollars below its IPO price. Throughout the day, the stock continued to slide, ending at $41.70. In the process, investors lost a record $655 million with the Saudi Arabian Public Investment Fund (PIF) taking one of the most substantial hits ($201.5 million). U
  
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• 5 Most Cringeworthy Theories for the Bitcoin Price Surge

  13-05-2019 21:20
  By CCN: The bitcoin price moves in mysterious ways. Many theories have been put forth in an attempt to explain its meteoric rise this week. From the alignment of the contents of the solar system, to the magic touch of Justin Sun, here are the five most cringeworthy. 1. The Stars Aligned. Literally. According to noted blockchain analyst and author David Gerard, the celestial bodies may be responsible for Bitcoin’s surge. The author of “Attack of the 50 Foot Blockchain: Bitcoin, Blockc
  
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• Ron Paul: Anti-Crypto Congressman Is ‘Just Another Thug in Washington’

  13-05-2019 21:16
  Former GOP lawamaker and presidential candidate Ron Paul had some harsh words for Congressman Brad Sherman, who last week called for a ban on crypto purchases in the US.
  
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• Kadena to Go Live In October with $3 Billion Asset Manager Onboard

  13-05-2019 21:00
  Multi-million dollar enterprise blockchain startup Kadena announced today it would be launching its own public blockchain network in October.
  
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• Kadena Blockchain to Launch This October With $3 Billion Asset Manager Onboard

  13-05-2019 21:00
  Multi-million dollar enterprise blockchain startup Kadena announced today it would be launching its own public blockchain network in October.
  
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• Bitcoin (BTC) Clears $7,500, This Is Just the Beginning–Mati Greenspan

  13-05-2019 21:00 via newsbtc.com
  Bitcoin (BTC) surge, up 34 percent
  Mati Greenspan confident that Bitcoin prices will surge to new highs as momentum builds upPrices may correct, that’s a possibility. However, unlike the deep correction of 2018, there is increasing awareness around Bitcoin and cryptocurrency in general. That is perhaps the reason why Mati Greenspan of Etoro is confident that BTC is in the early stages of a humongous bull rally in waiting.
  Bitcoin Price Analysis
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  It’s all about price and
  
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• Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain

  13-05-2019 20:59 via cointelegraph.com
  Microsoft is building a decentralized identity network atop of the bitcoin blockchain
  
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• Crumbling Dow Terrifies Wall Street, But China’s Yuan Suffers Collateral Damage

  13-05-2019 20:51
  By CCN: The Dow and broader U.S. stock market crashed on Monday after China announced retaliatory tariffs on another $60 billion worth of American-made goods, escalating a brutal trade war that has taken the global financial system by storm. Dow Collapses; S&P 500, Nasdaq Follow All of Wall Street’s major indexes were on track for their worst drop of 2019, mirroring a brutal collapse for Dow futures in pre-market trading. The Dow Jones Industrial Average fell 656.44 points, or 2.5%, to
  
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• Analyst: Strong Possibility Bitcoin Runs Past $8,000 Before a Significant Correction Takes Place

  13-05-2019 20:47 via newsbtc.com
  Bitcoin and the aggregated crypto markets have been on an explosive upwards surge over the past several weeks, with BTC surging to fresh year-to-date highs while many altcoins catch the tailwinds of its upwards momentum.
  Although many traders are closely watching for another pullback before entering into fresh long positions, one prominent analyst believes that BTC may surge to over $8,000 in the near-future before incurring any significant pullback that constitutes a correction.
  Bitcoin Rapidly
  
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• Investigation of QuadrigaCX cryptocurrency debacle turns up $28 million in assets - Global News

  13-05-2019 20:39
  Investigation of QuadrigaCX cryptocurrency debacle turns up $28 million in assets  Global NewsWATCH: The sudden death of QuadrigaCX CEO Gerald Cotten has left $250 million worth of cryptocurrency inaccessible after he failed to share the password.
  
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• Investigation of Quadriga cryptocurrency debacle turns up only $28 million in assets - Ottawa Citizen

  13-05-2019 20:33
  Investigation of Quadriga cryptocurrency debacle turns up only $28 million in assets  Ottawa CitizenHALIFAX — After three months of investigating, the accounting firm trying to recover more than $200 million in cash and cryptocurrency owed to users of the ...
  
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• Grayscale Reports Vast Majority of Investments in Q1 2019 Were in Bitcoin Trust

  13-05-2019 20:27 via cointelegraph.com
  Grayscale Investments Q1 2019 report: $3.2 million out of $3.3 million in total investment went into Bitcoin Investment Trust
  
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• Bakkt CEO Kelly Loeffler Targets July for Thrilling Bitcoin Futures Launch

  13-05-2019 20:20
  By CCN: It’s finally happening. The Intercontinental Exchange (ICE), the parent company of Bakkt, has officially filed for bitcoin futures approval with the U.S. Commodity Futures Trading Commission (CFTC), according to a blog post this morning by Bakkt CEO Kelly Loeffler. Although the CFTC hasn’t approved the new platform yet, Loeffler seems confident it will, stating: “…bitcoin futures will be listed on a federally regulated futures exchange in the coming months.&rdquo
  
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• The Rise of Cryptocurrency Mobile Banking - Hacked

  13-05-2019 20:03
  The Rise of Cryptocurrency Mobile Banking  HackedAs the number of smartphone users increases, mobile apps have increasingly dominated the software development industry. Over 70% of the population in the ...
  
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• Samsung, JP Morgan—Microsoft are Ethereum (ETH) Primers, Next $250?

  13-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) up 21.7 percent
  The platform is way ahead of competitors and could replace Bitcoin as a store of valueMike Novogratz is an experience institutional investor is positive on Ethereum (ETH) saying that the platform is “way ahead.” His comments mirrored our previous assertion and reflected on the level of on-chain development gauged from the number of monthly active developers. In a bullish breakout pattern, it is likely prices will expand towards $200 and $250 in days ah
  
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• Opiria Lets you Sell your Anonymized Personal Data to Companies Directly for PDATA Token

  13-05-2019 19:33
  Your Personal Data is Worth Millions Every person around the world continues to freely offer up their personal data to the companies and services that they use everyday, whom in turn sell that data for millions to businesses that then market and advertise to you. Whenever a service is free, that means that you are the product. Opiria is an existing and profitable million dollar business that will be using the blockchain the give the power and ownership of personal data back to the people. Every
  
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• Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

  13-05-2019 19:27 via cointelegraph.com
  PAX stablecoin tokens can now be instantly redeemed for U.S. dollars, the company announced
  
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• Charles Hoskinson to Launch Security Token Blockchain With Polymath

  13-05-2019 19:22 via cointelegraph.com
  Security token platform Polymath will build a separate blockchain for regulation-compliant tokens with Ethereum (ETH) co-founder Charles Hoskinson
  
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• Hedge Fund Bitcoin Buying Spree Accelerated 2400% in Q1: Grayscale

  13-05-2019 19:20
  By CCN: The bitcoin price enjoyed a wildly-bullish start to 2019, and the flagship cryptocurrency’s winning streak shows no signs of letting up anytime soon. Hedge Funds Headline 42% Increase in Grayscale Inflows While cryptocurrency remains a retail-dominated market, data from investment firm Grayscale reveals that institutional investors continue to ramp up their exposure to the asset class. And according to the firm’s newly-published first-quarter Digital Asset Investment Report,
  
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• Tor Makes Launching Bitcoin Lightning Nodes Easier for Users, Casa Finds

  13-05-2019 19:00
  Casa CTO Jameson Lopp explained how Tor leapfrogs some of the thorny networking hurdles that come with setting up a node.
  
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• Important Reaction of Ripple (XRP) From Q1 2019 Lows, Add 8.1 Percent

  13-05-2019 19:00 via newsbtc.com
  Ripple (XRP) react from 30 cents, add 8.1 percent
  Supportive fundamentals would likely fan the next wave of higher highsAt long last, Ripple (XRP) is responding. Because of bullish fundamentals, there are a series of higher highs in the daily chart that hint of increasing demand in lower time frames. All the same, it is until prices print above 34 cents that traders can begin loading on dips with ideal targets at 80 cents.
  Ripple Price Analysis
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  To reiterate, cryptocurrencies must f
  
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• Microsoft building on Bitcoin ledger, NYSE owner’s Bakkt offering BTC futures

  13-05-2019 18:55
  Microsoft develops on top of Bitcoin
  Microsoft is increasing its involvement in the cryptocurrency industry as it prepares to launch a decentralized infrastructure that deals with the deep-rooted technology of how networks talk to each other.
  Dubbed Ion, the open-source project will handle the decentralized identifiers that control the ability to prove you own your data. For instance, if an user was to log into Uber using their Gmail account, the protocol that allows the personal information fr
  
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• Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major US Retailers

  13-05-2019 18:55 via cointelegraph.com
  Payments startup Flexa has unveiled an app where consumers can spend cryptocurrencies at 15 major U.S. retailers
  
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• eBay might soon accept cryptocurrencies

  13-05-2019 18:50
  The crypto community prepares to welcome eBay after leaked images hint that an announcement could be coming soon.
  eBay could add crypto payments
  A series of banners at the Consensus conference in New York indicate that the e-commerce giant could be about to finally adopt crypto payments.A telegram account, with the handle name @PatronsofTheMoon,  leaked the images. "Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website." – @PatronsOfThe
  
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• Huge! Amazon-Owned Whole Foods Buoys Crypto by Accepting Bitcoin

  13-05-2019 18:35
  By CCN: There’s no shortage of possible catalysts behind the spike in the bitcoin price is. You can now add Jeff Bezos’ Amazon to the list. Whole Foods, which is owned by the e-commerce behemoth, is now accepting bitcoin as a payment method. The mind-blowing development was made possible thanks to a deal between payments startup Flexa and Gemini, the latter of which is the crypto exchange launched by Tyler and Cameron Winklevoss. Users only need to download an app dubbed Spedn and ca
  
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• Apple Stock Plunges 5% After Supreme Court Deals iPhone Maker a Crushing Blow

  13-05-2019 18:34
  By CCN: Apple stock plunged more than 5 percent on Monday after the Supreme Court ruled 5-4 against the consumer electronics giant in a case revolving around its App Store. The decision will open the doors to an antitrust suit against the company, brought by iPhone users. Supreme Court Findings a Blow to The Embattled Company Consumers of Apple’s iPhone are now able to pursue an antitrust lawsuit against the company. The lawsuit claims that Apple’s 30 percent commission on sales made
  
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• Bitcoin at the Races: Overall Market Cap of #1 Crypto Swells by Billions

  13-05-2019 18:30 via newsbtc.com
  In case you haven’t been paying attention to the Bitcoin price recently, the number one crypto asset is having an epic change of fortunes this year compared with 2018. After already surging more than 100 percent since its December 2018 low point, more than 10 billion dollars have been invested into Bitcoin in the last 24 hours alone.
  There appears to be something of a perfect storm occurring in the Bitcoin market, with enough time since the epic crash of 2018 passing for positive news even
  
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• $7,900: Bitcoin’s Price Extends Gains to Hit 9-Month High

  13-05-2019 18:16
  Bitcoin (BTC) extended its recent gains today, jumping 16 percent to its highest price since July 31, 2018.
  
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• Bakkt to Roll Out First Bitcoin Futures Testing in July 2019

  13-05-2019 18:04 via cointelegraph.com
  Bakkt officially announces its plans to roll out bitcoin futures testing in July 2019
  
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• Ripple’s Xpring, Outlier Ventures Back $4 Million Raise for Agoric

  13-05-2019 18:01
  Agoric, which is looking to build a smart contract-focused programming language, secured $4 million in backing from Ripple's Xpring, Zcash, and others.
  
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• HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors - Cointelegraph

  13-05-2019 18:00
  HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors  CointelegraphNews. Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United ...
  
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• HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors

  13-05-2019 18:00 via cointelegraph.com
  The operator of U.S.-based cryptocurrency exchange Huobi released a survey claiming that almost 12% of crypto holders are long-term investors
  
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• Bitcoin holds above $7000 just in time for cryptocurrency conference - Yahoo Finance

  13-05-2019 17:59
  Bitcoin holds above $7000 just in time for cryptocurrency conference  Yahoo FinanceThe annual Coindesk Consensus kicks off in New York City this week, putting the spotlight on the biggest names in cryptocurrency and blockchain technology.
  
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• Why Elon Musk’s Genius Tesla Strategy Will Make Lyft & Uber Obsolete

  13-05-2019 17:30
  By CCN: Imagine a world where your autonomous vehicle drops you at the office. Instead of driving to the parking lot, it speeds off to pick up its first passenger of the day. You go about your day while your self-driving car generates passive income. When you’re ready to go, you summon the vehicle to take you home. This is the future that Elon Musk envisions, and it is going to happen sooner than you think. To put it simply, Tesla will render Uber and Lyft obsolete. Tesla – Not Uber
  
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• Polymath, Charles Hoskinson Team Up on Security Token Blockchain

  13-05-2019 17:04
  Polymath is partnering with Charles Hoskinson to build a blockchain network specifically designed to support security tokens.
  
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