Cryptocurrency news

• Odds Split on Whether Facebook Launches Its Own Cryptocurrency Coin Before 2020, Samsung Favored To | SBD - SportsBettingDime.com

  17-05-2019 23:28 via sportsbettingdime.com
  Odds Split on Whether Facebook Launches Its Own Cryptocurrency Coin Before 2020, Samsung Favored To | SBD  SportsBettingDime.comBovada favors Samsung to launch its own cryptocurrency before the end of the year. The sportsbook is offering 50-50 odds that Facebook does the same.
  
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• US Global Investors CEO: Bitcoin is Great But Millennials Need to Learn About Gold

  17-05-2019 23:00 via newsbtc.com
  The CEO of asset management firm US Global Investors has given his opinions on the Bitcoin and wider crypto market, and how it relates to that of gold. Frank Holmes is of the belief that digital currencies are fast becoming an “alternative asset class”, just like the shiny, precious metal.
  However, Holmes has apparently not fully sided with either when it comes to store-of-value assets. Unlike many in the pro-crypto camp, he remains a staunch proponent of the shiny, yellow metal.
  Fra
  
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• Flexa Co-Founder Semi-Teases Adding Litecoin to Crypto Payment App

  17-05-2019 23:00
  By CCN: Most of crypto land celebrated when Flexa and Gemini partnered to deliver digital currency-fueled micro-payments to merchants. Spedn will let consumers shop at major stores including Nordstrom and Lowe’s and pay with crypto across bitcoin, ether, Bitcoin Cash, and Gemini Dollar. But one crypto influencer was left out of the celebration – Litecoin Creator Charlie Lee. That’s because Litecoin was noticeably absent from the list of coins that the Spedn app supports. Lee ta
  
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• Coinbase Expands its Earn Program to over 100 Countries

  17-05-2019 22:54
  Users have to watch educational videos to learn about cryptocurrencies, then earn them by answering skill-testing quizzes.
  
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• European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy

  17-05-2019 22:51 via cointelegraph.com
  In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
  
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• Facebook Registers Secretive 'Libra' Cryptocurrency Firm in Switzerland - CoinDesk

  17-05-2019 22:45 via coindesk.com
  Facebook Registers Secretive 'Libra' Cryptocurrency Firm in Switzerland  CoinDeskAccording to a Reuters report, Facebook registered a new company, Libra Networks, in Geneva on May 2. This coincides with the slow roll-out of their internal ...
  
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• Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

  17-05-2019 22:45
  More details emerge about Facebook's secretive crypto firm, Libra.
  
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• Estonian Government Tightened Cryptocurrency Licensing Requirements - The Coin Shark

  17-05-2019 22:30 via thecoinshark.net
  Estonian Government Tightened Cryptocurrency Licensing Requirements  The Coin SharkAs the Estonian government tightens regulation, it has become much more difficult to get a cryptocurrency license in the country. According to the report.
  
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• Rise of Corporate Coins: Major Companies Latest Players Creating Proprietary Cryptocurrencies

  17-05-2019 22:00 via crypto-news.net
  The means by which large companies are entering the crypto space is diverse and complex. Whereas many are investigating the use of public blockchains for a wide variety of uses, some are now considering their own proprietary coins. These cryptocurrencies could serve a variety of functions, from better managing operational logistics to giving customers alternative payment options. These moves are a clear indication that corporate adoption of blockchain platforms is likely to be complex, and will
  
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• NVT Divergence Reaches Bull Market “Mania” Levels, Bitcoin Price Increase Not Organic

  17-05-2019 22:00 via newsbtc.com
  The early-April Bitcoin price rally that transformed into a mini-parabola, was fueled by a powerful short squeeze and was strategically orchestrated by a single actor. The powerful move did indeed incite much FOMO and bullish sentiment throughout the market, but such a rise in value over such a short period of time rarely feels organic.
  Smart and cautious investors often look to a variety of data points to understand the underlying value of an asset, as part of their technical and fundamental an
  
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• NTV Divergence Reaches Bull Market “Mania” Levels, Bitcoin Price Increase Not Organic

  17-05-2019 22:00 via newsbtc.com
  The early-April Bitcoin price rally that transformed into a mini-parabola, was fueled by a powerful short squeeze and was strategically orchestrated by a single actor. The powerful move did indeed incite much FOMO and bullish sentiment throughout the market, but such a rise in value over such a short period of time rarely feels organic.
  Smart and cautious investors often look to a variety of data points to understand the underlying value of an asset, as part of their technical and fundamental an
  
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• Bloq Labs’ Titan Aims to Simplify Crypto Farming

  17-05-2019 22:00
  Titan is a one-step crypto miner management system from Bloq Labs.
  
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• Ripple Potentially Sped Up its XRP Distribution Timeline by 21 Years: Crypto Researchers

  17-05-2019 21:52
  By CCN: CoinMetrics, a firm that analyzes blockchain data for crypto investors, published a bombshell report this week which tells the story of how Ripple Labs has allegedly misrepresented its escrow system. Ripple has effectively misrepresented the amount of XRP transferred back to escrow at least twice. More importantly, the bank-friendly cryptocurrency’s escrow process diverges significantly from the way it was presented initially. Ripple Escrow System: Not Working As Advertised Ripple
  
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• Cornell Cryptocurrency Professor Launches Ava Testnet, Challenges Visa - Ethereum World News

  17-05-2019 21:42 via ethereumworldnews.com
  Cornell Cryptocurrency Professor Launches Ava Testnet, Challenges Visa  Ethereum World NewsEmin Gun Sirer, one of the world's leading academic experts on blockchain, is launching his own cryptocurrency. Sirer is the co-director of the Initiative for ...
  
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• Facebook Registers New Fintech Firm in Switzerland

  17-05-2019 21:40 via cointelegraph.com
  Facebook has registered anew fintech firm for blockchain, payments, data analytics, and investing expertise
  
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• Bitfinex Crypto Exchange to Debut New Exchange Utility Token

  17-05-2019 21:19 via cointelegraph.com
  Bitfinex cryptocurrency exchange has announced the launch date for its new exchange utility token UNUS SED LEO
  
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• Dow’s Shocking Comeback Falls Short, Exposing Wall Street’s Dangerous Hubris

  17-05-2019 21:17
  By CCN: The Dow and broader U.S. stock market finished lower on Friday, as investors weighed a myriad of macro risks against an apparent surge in consumer confidence. Those betting on a consumer-driven recovery may be in for a rude awakening amid record debt levels and the ongoing U.S.-China trade war. Dow Reverses Brutal Drop After a brutal pre-market for U.S. stock futures, the Dow Jones Industrial Average reversed losses to trade slightly higher during the afternoon session. But the gains wer
  
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• Tel Aviv Tests Digital Currency to Boost Its Economy - U.S. News & World Report

  17-05-2019 21:04 via usnews.com
  Tel Aviv Tests Digital Currency to Boost Its Economy  U.S. News & World ReportThe city is running a monthlong program that distributes a special digital currency to help merchants and low-income areas.
  
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• Tel Aviv Tests Cryptocurrency to Boost Its Economy - U.S. News & World Report

  17-05-2019 21:04 via usnews.com
  Tel Aviv Tests Cryptocurrency to Boost Its Economy  U.S. News & World ReportThe city is running a monthlong program that distributes a special digital currency to help merchants and low-income areas.
  
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• Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal

  17-05-2019 20:50
  By CCN: Kraken is not pleased with the way Canadian regulators propose to go about governing crypto trading platforms. In a sternly written paper to the Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada, the crypto exchange explained its gripes. The two regulatory bodies have proposed a security law framework that all exchanges would have to abide by whether they like it or not. Kraken strongly recommends against Canada imposing a security law frame
  
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• ABB Launches Blockchain Pilot for Solar Energy Sector

  17-05-2019 20:37 via cointelegraph.com
  ABB in collaboration with Evolvere and Prosume has launched a pilot to explore how blockchain technology can advance the solar energy market
  
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• Baidu Stock Slides 16%: Here’s Why China’s Google is Stuck in Freefall

  17-05-2019 20:20
  By CCN: Baidu, China’s largest search engine and that country’s equivalent of Google, suffered a 16 percent stock price haircut after reporting a poor earnings quarter that stunned shareholders. Baidu Stock in Freefall After Q1 Losses Shock Investors As China’s economic growth continues to slide, one of its largest tech companies, Baidu, has taken a hit to advertising revenues. It reported losses of $47 million for the first quarter of 2019, with online advertising demand plung
  
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• Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

  17-05-2019 20:16 via cointelegraph.com
  Venezuela and Russia discuss opportunities to make mutual trade settlements in the Russian ruble, find uses for the oil-backed Petro cryptocurrency
  
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• Samsung News Bodes Well For Ethereum (ETH), Even Amid Price Crumble

  17-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) fall 11.7 percent
  Samsung could introduce crypto and blockchain functionality in their budget phonesIn correction of mid-this week’s rapid expansion, Ethereum (ETH) is down 11.7 percent even as reports suggest that Samsung will roll out cryptocurrency and blockchain functionality in their budget phones.
  Ethereum Price Analysis
  Fundamentals
  Like all liquid assets, Ethereum (ETH) is nose diving. At the time of press, the second most valuable asset is down, falling 11.7 percen
  
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• Sneak Peek! 2024 is Absolutely the Year Bitcoin Becomes Mainstream

  17-05-2019 19:50
  By CCN: Bitcoin may be a decade old, but we’re still in the early stages. In fact, we’re so early that a Medium article revealed that we’re in the year 1994 if you compare crypto’s trajectory to that of the internet in the early 1990s. Nevertheless, mass adoption is coming at a rapid rate and our research shows that we are half a decade away from that dream. In this article, we explain why 2024 is the year that cryptocurrencies become mainstream. The Number of Bitcoin Use
  
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• David Letterman Slams ‘Goon’ Trump But Saves Biggest Barb for MAGA Haters

  17-05-2019 19:42
  By CCN: In an upcoming interview on Sunday Today, former Late Show host David Letterman slammed Donald Trump. But he thinks the MAGA haters who spend all their time complaining about the president’s Twitter antics should “stop yacking.” David Letterman: President Trump Doesn’t Represent Me  In a teaser clip of the interview, Letterman complained that he doesn’t feel like President Trump represents him in the White House. &ldqu
  
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• This Week in Cryptocurrency: May 17th, 2019 - CoinCentral

  17-05-2019 19:28 via coincentral.com
  This Week in Cryptocurrency: May 17th, 2019  CoinCentralNews from New York Blockchain Week, a green market, and mainstream attitudes changes towards a more optimistic cryptocurrency future.
  
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• SEC Uncertainty Looms Over Token Summit – Again

  17-05-2019 19:00
  Most at Token Summit 2019 seemed to agree: U.S. regulators need to decide what to do about tokens, whatever the decision may be.
  
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• Bitcoin (BTC) Correction in Progress, Another $1,300 Drop Likely

  17-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) slide 10.9 Percent
  Bitstamp flag a large sell order that caused a market imbalance, over-pricing BTCNot surprising, Bitcoin (BTC) prices are under pressure, dropping 10.9 percent in the last day, at the time of writing. Analysts attribute this to a large sell order from Bitstamp that forced prices to fall as supply exceeded demand.Bitcoin Price Analysis
  Fundamentals
  In a day marked by chaos and investors jostling to liquidate Bitcoin (BTC) at market rates, the asset price dropped
  
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• Overstock Insiders Revolt After Crypto-Crazed CEO Dumps 900,000 Shares

  17-05-2019 18:48
  By CCN: Overstock CEO and crypto enthusiast Patrick Byrne felt the need to defend his sale of about 900,000 shares of company stock. Byrne wrote a letter defending his decision, as news of his choice had reportedly sent insiders into a tizzy and dropped O shares about 16% earlier in the week. Overstock Stock Price Recovers After Mid-Week Slump Byrne explained in a public letter that he was investing in blockchain projects alongside Overstock and that he needed the money to keep his commitments,
  
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• Russians Loses Interest in Cryptocurrency-Prime Minister - Inside Bitcoins

  17-05-2019 18:13 via insidebitcoins.com
  Russians Loses Interest in Cryptocurrency-Prime Minister  Inside BitcoinsThe country is not prioritizing the regulations of cryptocurrency since many of the citizens are no longer interested. The prime minister emphasizes that the ...
  
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• Bitfinex Will List Its New Exchange Token Starting Monday

  17-05-2019 18:08
  Bitfinex will list its LEO exchange token on Monday, trading against bitcoin, ether, EOS, tether and the U.S. dollar.
  
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• Tesla Stock Dives After NTSB Drops Model 3 Autopilot Bombshell

  17-05-2019 18:03
  By CCN: Elon Musk, the CEO of embattled electric vehicle giant Tesla, believes that self-driving cars will propel the company to obscene heights. But the National Transportation Safety Board’s (NTSB) latest investigation into a Tesla Model 3 crash suggests that Musk is far from realizing his dreams, and that report is taking a toll on Tesla stock. NTSB Bombshell Raises Questions About Tesla Autopilot The NTSB’s investigation found that Tesla’s Autopilot system was engaged for 1
  
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• Cryptocurrency Exchange Bans Augur, OMNI, Gas and 6 Other Altcoins From Trading in the US - Coingape

  17-05-2019 18:01 via coingape.com
  Cryptocurrency Exchange Bans Augur, OMNI, Gas and 6 Other Altcoins From Trading in the US  CoingapePoloniex Exchange today announced that it will disable the trading of nice cryptocurrencies which included Lisk [LSK], Ardor [ARDR], Bytecoin [BCN], NXT, ...
  
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• Crypto Venture Deals Are On The Decline, But Bitcoin is Up 90% YTD

  17-05-2019 18:00 via newsbtc.com
  While the past few months have seen Bitcoin (BTC) recover in dramatic fashion, data suggests that venture capitalists and other notable investors have begun to put their feet on the crypto brake. But this isn’t bearish per se. Let’s take a look.
  Related Reading: Despite The Bear Market, Crypto Startups Got Boosted By Billions In 2018
  Crypto & Blockchain Venture Capital Sees Tough Q1
  According to Alex Thorn, a crypto-friendly venture capitalist based in Boston, investments into cr
  
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• Bitcoin Flash Crash Causes $200m Liquidation on BitMEX

  17-05-2019 17:52
  BTC prices suddenly dropped overnight by 15%, after another NY court order related to Bitfinex and Tether
  
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• Vicious Crypto Crash Could Supercharge Bitcoin Price Rally to $20,000

  17-05-2019 17:41
  By CCN: Bitcoin’s mammoth rally suffered a devastating setback on Friday when a $35 million sell order triggered a vicious flash crash on Bitstamp. By the time the dominoes had stopped falling, the bitcoin price had plunged as low as $6,894, and more than $32 billion had vanished from the crypto market cap. And fervent bitcoin bull Mati Greenspan couldn’t be happier. Finding a Silver Lining in the $32 Billion Crypto Crash Greenspan, a senior analyst at eToro, gushed about the sudden
  
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• Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Mln Liquidated on BitMEX

  17-05-2019 17:33 via cointelegraph.com
  Bitstamp launched an investigation after a large BTC/USD sell order resulted in a 20% bitcoin price decline on the platform
  
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• These Two Blockchain Start-Ups Pulled an $8 Million ICO Exit Scam

  17-05-2019 17:29
  By CCN: Two blockchain companies, JoyToken and RepuX, have been dissolved, according to UK business records. Both companies were founded and ICO-funded on the direction of the same people. A Reddit user broke down the scandal for r/CryptoCurrency, hoping someone might have more information. Andrew MacDonald’s JoyToken Winnings JoyToken was to be an “ecosystem” for gambling development. Game developers could use a toolkit and a common token to build provably-fair games. MacDonal
  
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• OneCoin Claims It’s Not a Ponzi or Pyramid Scheme

  17-05-2019 17:15
  The OneCoin project has responded to the suggestion it is a Ponzi or pyramid scheme, arguing it does not fit a narrow definition of either.
  
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• Crypto Has One Major Obstacle in Mass Adoption, Can it be Solved?

  17-05-2019 17:00 via newsbtc.com
  Cryptocurrency advocates often ponder over mass adoption. But in truth, the usability of cryptocurrency, or lack of, presents a significant hurdle for no-coiners. On top of fears over security and the association with illicit activities, mass adoption will remain a distant fantasy unless it gets easier to buy, store and use cryptocurrency.
  Crypto Is Full Of Scammers
  Today, blockchain puts us at the cusp of a technological revolution, but everyday people are put off by its complexity. The good ne
  
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• Crypto Whiz John McAfee ‘Goes Dark’, Twitter Conspiracy Theorists Go Nuts

  17-05-2019 16:41
  By CCN: Cryptocurrency maverick and U.S. 2020 presidential candidate John McAfee announced Thursday that he was going offline fearing for his life and freedom, prompting speculation and wild conspiracy theories on social media. Developing events have made it necessary for John McAfee to go dark. Please be advised that this account will be operated by staff until further notice. More details will be released in time. — John McAfee (@officialmcafee) May 16, 2019 Having been on the run since
  
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• Gaining Mass Adoption: Blockchain Platform Converts Users Fame Into Coffee and Clothes

  17-05-2019 16:38 via cointelegraph.com
  A decentralized platform that rewards content creators on social networks says it allows influencers to convert their fame into concert tickets, clothes and crypto #SPONSORED
  
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• Bitcoin FOMO is Strong But The Bears Will Not Go Quietly

  17-05-2019 15:50 via newsbtc.com
  As Bitcoin breaks significant resistance at $6,000 and $8,000, all within the space of a week, interest is reaching fever point. But despite the strong performance, which some say is buoyed by economic uncertainty over the US-China trade war, there are those among us who remain skeptical.
  Bitcoin FOMO
  An impressive week for cryptocurrencies saw Bitcoin break the $8,000 mark on Tuesday. Up 120% since the start of the year, this momentum is continuing to lead the rest of the market into a bull run
  
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• 2019 Bitcoin Rally Beats 2017’s All-Time High $20,000 : Crypto VC Chief

  17-05-2019 15:45
  By CCN: Barry Silbert, the founder and CEO of Digital Currency Group (DCG), one of the most influential venture capital firms in the crypto space, has said that the current rally of bitcoin is different from 2017. The prominent investor emphasized the noticeable improvement in the infrastructure supporting bitcoin and the emergence of trusted custodial service providers that allow accredited and institutional investors to commit to the market. Is the Bitcoin Recovery Only Beginning? Against the
  
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• Cornell Uni’s Emin Gun Sirer Debuts Ava Blockchain Following $6 Million Investment

  17-05-2019 15:39 via cointelegraph.com
  Emin Gun Sirer, a professor at Cornell University a major global blockchain expert, has started private testing of his own Ava blockchain before issuing his own crypto
  
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• Bitlish Integrates Dash into Diverse Cryptocurrency Exchange - Dash News

  17-05-2019 15:17 via dashnews.org
  Bitlish Integrates Dash into Diverse Cryptocurrency Exchange  Dash NewsPosted by Justin Szilard | May 17, 2019 | News |. Bitlish Integrates Dash into Diverse Cryptocurrency Exchange. Bitlish, which “sells crypto globally with the ...
  
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• Weekly Cryptocurrency review from Monex Group - TradeStation

  17-05-2019 15:16 via insights.tradestation.com
  Weekly Cryptocurrency review from Monex Group  TradeStationThis post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of ...
  
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• Dow Plunges After China Lashes Out at ‘Bully’ Trump

  17-05-2019 15:11
  By CCN: The US stock market plummeted during the week’s final trading session, as the Dow and Wall Street’s other major indices reeled from yet another escalation to the US-China trade war. Dow Reels After Beijing Unloads on Trump Administration As of 9:53 am ET, the Dow Jones Industrial Average had lost 144.14 points or 0.56%; the index last traded at 25,718.54. The S&P 500 declined 0.6% to 2,859.04, and the Nasdaq dropped 0.71% to 7,842.16 amid a chilly day on Wall Street. A fe
  
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• Dow Erases Grisly Plunge But China Lashes Out at ‘Bully’ Trump

  17-05-2019 15:11
  By CCN: The US stock market recovered from a grisly plunge on Friday, erasing steep losses triggered by yet another escalation to the US-China trade war. Dow Volatile After Beijing Unloads on Trump Administration As of 1:48 pm ET, the Dow Jones Industrial Average had gained 25.52 points or 0.1% to trade at 25,888.2, reversing a morning session free-fall that dropped the index as much as 204 points. The S&P 500 remained unchanged at 2,876.31, while the Nasdaq pared losses but remained in decl
  
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