Cryptocurrency news

• Game of Thrones: What it Would Cost HBO to Remake the S8 Dumpster Fire

  16-05-2019 23:53
  By CCN: As HBO subscribers heaved a collective sigh of disappointment following the latest episode in Game of Thrones’ final season trainwreck, it became clear what diehard fans have suspected since the end of season 6 – the writers have run out of ideas. Season 8 is so awful that more than 600,000 diehard fans (and counting) signed a Change.org petition demanding that HBO remake the entirety of S8. But how much would that cost?Why HBO Needs to Remake Game of Thrones Season 8 First,
  
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• Coinbase Plans US Debit Card Launch, Is ‘Considering’ Margin Trading

  16-05-2019 23:45
  By CCN: Coinbase CEO Brain Armstrong conducted a live YouTube AMA today from the company’s New York offices. Presumably, he’s in town for blockchain week, which brought him away from the San Francisco headquarters. Armstrong answered several questions in the session, beginning with one regarding “community trust ratings” for altcoins. Armstrong said that crypto is much like the internet: as more options emerge, better mechanisms of finding the actual high-quality projects
  
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• Big Four Firm KPMG Identifies Top Four Skills Required for Blockchain Career

  16-05-2019 23:15 via cointelegraph.com
  KPMG argues that the blockchain will face a serious lack of talent, thus identifying the four major skills needed for a career in the industry
  
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• Bitcoin Bull Market Begun? Optimistic Signals Abound for Continued Crypto Resurgence

  16-05-2019 23:00 via newsbtc.com
  The Bitcoin price has started 2019 off in fine form. Since reaching the $3,200 price point last December, which some have been calling this cycle’s ultimate bottom, the value of BTC has surged around 150% in just six months. With the price of most other crypto assets also increasing in recent weeks relative to the U.S. dollar, many analysts have declared that the current price action looks like the early stages of a new bull market.
  There are increasing signals that they might be correct t
  
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• SEC Negotiations Have Cost Kik $5 Million, Says CEO

  16-05-2019 22:50
  Kik's CEO says the company has spent more than $5 million talking to the SEC about whether its kin ICO was an unregistered securities sale.
  
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• John McAfee Bashes Bitcoin and Ethereum but Touts ‘Adorable’ Dogecoin

  16-05-2019 22:45
  By CCN: John McAfee is famous for predicting that the bitcoin price will hit $1,000,000 at some point or he’ll eat his own appendage. What you might not know is that he dislikes Ethereum and doesn’t even care that much for BTC, either. Yes, the reason is as silly as you might have hoped. Meanwhile, similar to Tesla CEO Elon Musk, McAfee has a soft spot for meme-fueled cryptocurrency Dogecoin. Folks asking my opinion of Ethereum: Well . . .. Frankly, I prefer one syllable coins and am
  
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• Blockchain Sister Startups Allegedly Pull $8 Million Exit Scam

  16-05-2019 22:44 via cointelegraph.com
  RepuX and JoyToken alleged to pulled initial coin offering (ICO) exit scam worth a combined $8 million
  
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• Major U.S. retailers are now accepting Bitcoin and other cryptocurrency - Mashable

  16-05-2019 22:42
  Major U.S. retailers are now accepting Bitcoin and other cryptocurrency  MashableThose taking the digital money include clothing store Nordstrom, grocer Whole Foods, and movie chain Regal Cinemas. The move is thanks to a new deal ...
  
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• Poloniex, Fearing Regulatory Backlash, Prevents Sale of 9 Crypto Assets In US

  16-05-2019 22:30
  Poloniex has stopped US customers from buying and selling nine potentially non-regulated tokens.
  
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• Walmart Raises Prices amid Trade War, Should Focus on American Made

  16-05-2019 22:19
  By CCN: The trade war between the United States and China is on, and some of the country’s biggest retailers are starting to feel the burn. The latest victim of Trump’s tariffs is Walmart, which says customers can expect price increases on some of its stores’ most prominent items thanks to tax hikes on products imported from China. The retailer reportedly stated that it would do everything in its power to “keep prices low,” but customers should expect to pay mo
  
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• Report: Coinbase Negotiates Acquisition of Xapo’s Bitcoin Custody Business

  16-05-2019 22:12 via cointelegraph.com
  American crypto exchange Coinbase is reportedly in talks to acquire the bitcoin custody business of cryptocurrency wallet provider Xapo
  
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• Stock Market Erases Trump Bloodbath But S&P 500 Hits Alarming Milestone

  16-05-2019 22:11
  By CCN: The US stock market has reclaimed all of Monday’s massive Trump-induced trade war selloff, returning valuations to previous highs that are utterly unsustainable over the long-term. President Trump triggered a 3% market selloff on Monday, after saying that he would effectively double down on the China trade war. We are right where we want to be with China. Remember, they broke the deal with us & tried to renegotiate. We will be taking in Tens of Billions of Dollars in Tarif
  
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• Unstoppable: Bitcoin Price Hasn’t Corrected More Than 8% On Average Since April Rally

  16-05-2019 22:00 via newsbtc.com
  Since the start of April, the price of the leading cryptocurrency by market cap has been parabolic, breaking key resistance level after another with relative ease, and inciting FOMO in the crypto market once again. Bitcoin has even stayed resilient in the face of some of the worst Tether FUD to hit the market and a hack of the most popular cryptocurrency exchange, Binance.
  Even with major negative news breaking at important moments throughout the rally, Bitcoin has barely flinched, and has yet t
  
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• Brave Browser to Raise Over $30 Million in Series A Equity Round: Sources

  16-05-2019 21:50
  Privacy-centric web browser Brave is raising a Series A round at a valuation of roughly $133 million, sources tell CoinDesk.
  
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• UN Secretariat Signs Agreement with Nonprofit to Reward Climate Action With Crypto

  16-05-2019 21:49 via cointelegraph.com
  The Secretariat of the UN Framework Convention on Climate Change signed an MoU with the W-Foundation to promote global climate action projects using crypto
  
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• Secretariat Under UN Agreement to Reward Users for Climate Action With Crypto

  16-05-2019 21:49 via cointelegraph.com
  The Secretariat of the UN Framework Convention on Climate Change signed an MoU with the W-Foundation to promote global climate action projects using crypto
  
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• Ethereum Price Jumps to 8-Month High After Bitcoin Plunges $645

  16-05-2019 21:40
  By CCN: Bitcoin’s breathtaking rally has dominated the headlines in recent weeks, but today it’s the second-largest cryptocurrency’s turn to enjoy the spotlight. The ethereum price surged as high as $281.77 on Thursday, launching ETH to an eight-month high. Ethereum Price Finally Joins the Crypto Party The cryptocurrency asset witnessed massive capital influx into its market when its frontrunner bitcoin began to correct from its overbought territory. The inverse correlation sig
  
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• Institutions Clamor For Bitcoin: Crypto Giant Coinbase May Acquire Xapo

  16-05-2019 21:30 via newsbtc.com
  In an impeccable sign of the times, sources tell The Block that Coinbase may soon acquire Xapo, one of the first and most well-regarded Bitcoin custodians. This news has been divulged as data indicates that institutions are looking to siphon capital into the crypto asset space, thereby making custodians a necessity.
  Related Reading: Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500
  Coinbase & Fidelity Duke It Out Over Xapo
  Reported by The Block on Thursday morning, the Sa
  
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• Dow Defies Trade Drama as Booming Jobs Data Spellbinds Wall Street

  16-05-2019 21:11
  By CCN: The Dow and broader U.S. market raced deeper into recovery mode on Thursday after a pair of blue-chip companies reported better than expected quarterly earnings and fewer Americans applied for jobless benefits last week. Dow Extends Blockbuster Rally; S&P 500, Nasdaq Follow All of Wall Street’s benchmark indexes reported significant growth on Thursday, mirroring a strong pre-market session for Dow futures. The Dow Jones Industrial Average surged 272 points, or 1.1%, to 25,820.1
  
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• After Rallying 125% YTD, is Bitcoin (BTC) Going to Collapse?

  16-05-2019 21:00 via newsbtc.com
  Bitcoin (BTC) cool off, correction in the cards. 
  Shapeshift’s Erik Voorhees says bubbles are normal. At the back of record transaction volumes and ultra-bullish news, Bitcoin (BTC) is one of the top performing assets. All the same, upside momentum is slowing, and BTC could slide back to $7,500, or $5,500.
  Bitcoin Price Analysis
  Fundamentals
  Bubbles are normal, says Erik Voorhees,the CEO of the crypto-to-crypto exchange ShapeShift. In a recent interview with Bloomberg TV, the cr
  
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• South American Startup Ripio Rolls Out Crypto-Fiat Exchange and OTC Desk

  16-05-2019 20:54 via cointelegraph.com
  Ripio launches cryptocurrency to fiat trading platform, including an OTC desk and blockchain-based loans
  
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• LVMH, Microsoft and ConsenSys Announce Blockchain Consortium AURA

  16-05-2019 20:50 via feedproxy.google.com
  
  Luxury goods conglomerate LVMH, tech giant Microsoft and blockchain software technology ConsenSys have teamed up to develop the AURA blockchain-based platform, a solution that makes it possible for consumers to gain access a luxury good’s history and proof of its authenticity – from raw materials to the point of sale, all the way to second-hand […]
  The post LVMH, Microsoft and ConsenSys Announce Blockchain Consortium AURA appeared first on Coinjournal.
  
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• BitStarz Blackjack Player Wins $720,192 from 3 Hands!

  16-05-2019 20:47
  BitStarz players have been on a major winning streak lately – in recent weeks we’ve seen the award winning online casino dish out huge sums on slots and table games. But, nothing will have prepared one blackjack player for what was to come last week. The player managed to leave the table an incredible $720,192 richer thanks to three – that’s right, just three – winning hands. The amazing win took place on the exclusive live Salon Privé Blackjack tables, with
  
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• Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In

  16-05-2019 20:40
  By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge. But it looks like institutional buying isn’t the only catalyst driving bitcoin’s price. The Chinese a
  
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• BitMart Labs Hosted 2019 Block Plus Summit, Kicking off the New York Consensus Week

  16-05-2019 20:01
  New York, May 11, 2019 Block Plus Summit was hosted by BitMart Labs, an international blockchain incubator launched by BitMart Exchange.The event brought together over 200 blockchain investors, traders, and enthusiasts across the globe, making it the most exciting conference during the New York Consensus week. Co-hosted by Spark Digital Capital, a leading blockchain investment company, Asian American Bar Association of New York (AABANY) and Block Talk, a community focused social media app, the e
  
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• Ethereum (ETH) Goes Parabolic After Bitcoin, Looks To Push $300

  16-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) add 55 percent in the last week
  Cryptopia folding explains exchanges should be after verticals, not listing and trading feesAccording to Vijay Boyapati, exchanges are walking the wrong path of short-term profitability over future dominance better exemplified by Cryptopia decision to list as many as coins/tokens as possible before falling prey to hackers. Meanwhile, Ethereum (ETH) bulls are rampant, stepping on the gas pedal with targets at $300 and $400.
  Ethereum Price Analysis
  F
  
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• Amazon’s Arrival and 4 Other Enterprise Blockchain Trends From Consensus 2019

  16-05-2019 20:00
  At Consensus 2019, conversations about enterprise blockchain were shaped by these five storylines.
  
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• Trading Bots: Are They a Force for Good?

  16-05-2019 19:46 via cointelegraph.com
  Understanding the benefits and pitfalls of bots — and what sets them aside from wash trading — can be crucial for crypto enthusiasts
  
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• Meteoric Bitcoin Rally Won’t Rescue Nvidia’s Flailing Stock

  16-05-2019 19:39
  By CCN: Nvidia previously blamed its negative earnings report on “crypto winter,” the vaunted extended bear market which Bitcoin appears to have finally exited. The incredible rally of the past couple weeks means many industries related to crypto will see increased demand and valuation – everything from mining to software development will be in fashion again. However, NVDA shareholders should not count on another cryptocurrency boom to rescue the ailing chipmaker. Analysts Worr
  
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• MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months

  16-05-2019 19:37
  Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
  
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• UnTethering the Cryptocurrency Market - CoinJournal

  16-05-2019 19:20
  UnTethering the Cryptocurrency Market  CoinJournalLast week, the New York Attorney General (NYAG) launched an investigation into Tether, arguably the most controversial stablecoin in the crypto space, over an ...
  
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• Crypto Bears Cave: 3 Altcoins with Bullish Potential Like Parabolic Bitcoin

  16-05-2019 19:10
  By CCN: It has been almost a year and a half since bears took over crypto markets. Bitcoin took a massive beating as it shed 84% of its value. Other large-cap coins shared more brutal fates. Ethereum, Litecoin, and EOS were all devalued by more than 90%. Last year was full of trials and tribulations for retail investors. Thankfully, the ordeal is finally over. With bitcoin’s unbelievable run over the last few days, altcoins such as Ethereum, Litecoin, and EOS have responded with massive te
  
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• Crypto Exchange BitMEX Reveals Most of Its Users Don’t Use Maximum Leverage

  16-05-2019 19:06 via cointelegraph.com
  The maximum 100x leverage offered by the Hong Kong cryptocurrency derivatives trading platform BitMEX is rarely used
  
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• Equity Crowdfunding Startup Fundopolis Partners with Blockchain Tech Provider AlphaPoint

  16-05-2019 19:03 via feedproxy.google.com
  
  Equity crowdfunding startup Fundopolis has partnered with AlphaPoint, a blockchain technology provider, to integrate blockchain into its platform, the companies said on Wednesday at Consensus, a leading annual blockchain and crypto conference which took place this week in New York. The Fundopolis equity crowdfunding platform, which has yet to launch, will allow companies to raise […]
  The post Equity Crowdfunding Startup Fundopolis Partners with Blockchain Tech Provider AlphaPoint appeared
  
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• Stellar Lumens (XLM) Breaks Key Resistance, Surges 55% To Outdo Bitcoin

  16-05-2019 19:00 via newsbtc.com
  Stellar Lumens (XLM) rally, add 55.6 percent
  The network failed for two hours on May-15Stellar’s validator nodes “trust” the SDF nodes. Because of that, there was a failure, and the system couldn’t reach consensus for two hours on May-15. At the moment, XLM is under pressure but up 18.8 percent in the last day.
  Stellar Lumens (XLM) Price Analysis
  Fundamentals
  In the words of Yorke Rhodes, development around blockchain feels like it is back to 1995. Then, the internet had
  
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• Ava Labs Exits Stealth, Launches Blockchain Testnet Based on ‘Avalanche’ Protocol

  16-05-2019 18:46
  Ava Labs is out of stealth, revealing a past $6 million funding round and a new blockchain testnet backed by the Avalanche consensus protocol.
  
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• Cryptocurrency regulation gets the go-ahead in Brazil - Yahoo Finance

  16-05-2019 18:30
  Cryptocurrency regulation gets the go-ahead in Brazil  Yahoo FinanceBrazil's move towards cryptocurrency regulation took a step closer this month as the government in Brasilia agreed and published 'instruction 1888'.
  
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• UnTethering the Cryptocurrency Market

  16-05-2019 18:20 via feedproxy.google.com
  
  Last week, the New York Attorney General (NYAG) launched an investigation into Tether, arguably the most controversial stablecoin in the crypto space, over an alleged $850 million fraud. Tether’s legal counsel have since admitted that the stablecoin is now only 74% backed by it’s asset reserves. Tether (USDT) is a cryptocurrency that can be categorized […]
  The post UnTethering the Cryptocurrency Market appeared first on Coinjournal.
  
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• Top Tesla Investor Dumps 81% of Stock in Brutal Rebuke to Elon Musk

  16-05-2019 18:16
  By CCN: The Wall Street Journal reports that T. Rowe Price Associates dumped around 81% of its Tesla stake during the first quarter of 2019. This is a brutal rebuke to the Elon Musk-led company, as T. Rowe Price has been one of the largest holders of Tesla stock over the years. T. Rowe Price Unloads Tesla Shares – And It’s Not Alone T. Rowe Price held just 1.7 million shares of Tesla on March 31 this year, down substantially from the 8.9 million shares it owned at the end of 2018. It
  
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• Max Keiser: Fed’s Endless Printing Press Will Launch Bitcoin to $100,000

  16-05-2019 18:10
  By CCN: U.S. financial news and opinion broadcaster Max Keiser is a textbook hodler. For the host of the Keiser Report on RT to dispose of the bitcoin he has been accumulating since 2011, his price target of $100,000 will have to be achieved first. The Fed Triggered This Bitcoin Rally Speaking to Kitco News, Keiser said that since acquiring his first bitcoin eight years ago, he had not sold any of it. According to the broadcaster, this is “because my price target is $100,000 and beyond.&rd
  
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• Paying the Price: WeChat Merchants Banned From Crypto Payments

  16-05-2019 17:14 via cointelegraph.com
  “It is precisely this type of restriction of freedom that will push people to use crypto,” China’s crypto community remains positive despite tightening restrictions
  
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• 2020 Bitcoin President Andrew Yang Pledges ‘Fun with Crypto in the White House’

  16-05-2019 17:10
  By CCN: Cryptocurrency is firmly on the agenda in the 2020 presidential race (and no, I’m not talking about John McAfee). Pro-bitcoin candidate Andrew Yang is quietly rising through the stacked Democrat field as a serious contender for the White House. In a keynote speech at the Consensus conference yesterday, he doubled down on his crypto agenda. “If I’m in the White House, oh boy are we going to have some fun in terms of the cryptocurrency community.” Visited with my fr
  
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• Ripio Is Launching a Crypto Exchange for 3 Latin American Nations

  16-05-2019 17:00
  Ripio, a startup working to boost crypto adoption in Argentina, is widening its scope with a new exchange serving Argentina, Mexico and Brazil.
  
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• Ethereum Could Almost Double its Price This Year: Analyst

  16-05-2019 17:00 via newsbtc.com
  A notable cryptocurrency analyst has projected double-growth for Ethereum in the second half of 2019.
  Jacob Canfield, the co-founder of SignalProfits.com, predicted Ether at circa $546 based on the asset’s historical price moves dating back to 2017. The analyst noted that the Ether price is trending inside a Rising Channel that looked strikingly similar to a channel that formed between June 2017 and early December 2017. The ETH/USD rate in 2017 posted 186.58 percent gains inside the Rising
  
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• Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation

  16-05-2019 16:54 via cointelegraph.com
  It will be harder to get a cryptocurrency license in Estonia after this month’s new regulatory changes, according to Estonian consulting firm Eesti
  
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• Russian Prime Minister: As Cryptocurrencies Lose Popularity, Regulation Isn’t a Priority

  16-05-2019 16:45 via cointelegraph.com
  Russia’s prime minister has argued that crypto regulation is not a priority for the Russian government, since crypto lost its popularity
  
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• This Viral Game of Thrones Meme Aged Well for a Cringeworthy Reason

  16-05-2019 16:41
  By CCN: Always remember the cardinal rule of the internet before creating prophetic memes, especially political ones. Once you put something onto the internet, it will be forever archived, guaranteed to come back and haunt you. Such is the case with this “Game of Thrones” meme depicting Hillary Clinton as the conquering hero Daenerys, posted on Instagram in 2016 by actress Jessica Chastain. Anti-Trump Game of Thrones Meme Proves Content is Forever View this post on Instagram SLAY @hi
  
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• Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500

  16-05-2019 16:15 via newsbtc.com
  A prominent analyst fears difficulty for bitcoin if its spot rate drops below $7,500.
  Nick Cote, the chief information officer at US-based Redacted Capital, said holding the $7,500-level is essential for bitcoin as it began correcting from a yearly high of $8,388 this Thursday. The analyst noted that bitcoin falling below $7,500 could switch the interim market bias in favors of bears, as shown in the chart below.
  Bitcoin Price Breaks Below Interim Ascending Trend Line | Image Credits: Nick Cote
  
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• Opera Will Soon Add Tron Support to Its In-Browser Crypto Wallet

  16-05-2019 16:00
  Opera is working to integrate support for Tron’s TRX and TRC-standard tokens in its browser-based crypto wallet.
  
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• CoinDesk’s John Biggs Walks the Exhibit Halls of Consensus 2019

  16-05-2019 16:00
  Meet the exhibitors in the Consensus 2019 exhibit halls.
  
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