Cryptocurrency news

• Elon Musk Had to Snub Apple’s Buyout Bid Even if Tesla Is in Code Red

  21-05-2019 23:45
  By CCN: When Tesla’s stock crashed below $200 this week after the company tumbled into a “code red,” many on Wall Street wondered if Elon Musk should’ve accepted Apple’s $240-a-share buyout offer from 2013. However, despite the horrendous week Tesla is having, Musk was right to stick by his guns. Elon Musk Institutes Emergency Cost-Cutting Last week, Musk admitted in a frantic internal email that Tesla is in a code-red situation. Tesla only has $2.2 billion in cash
  
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• Game of Thrones Star Jerome Flynn Outs Self as Master of VeganCoin

  21-05-2019 23:21
  By CCN: Ser Bronn is a very different person in real life than he is in Game of Thrones. Played by actor Jerome Flynn, Bronn ended the series as part of incoming King Bran the Broken’s council, in charge of the Iron Bank as Master of Coin. One of his first proposals is to fund the reconstruction of brothels. Not wanting to relinquish that title now that the final credits have rolled, Flynn has struck a new deal to become another sort of Master of Coin – VeganCoin, that is, the crypto
  
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• Bitfinex Asks Supreme Court to Throw out NYAG Charges

  21-05-2019 23:21
  Bitfinex says it doesn’t allow New Yorkers on their platforms and never advertised or otherwise did business there,
  
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• Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction

  21-05-2019 23:15 via cointelegraph.com
  Bitfinex and Tether lawyers move to dismiss case versus the New York Attorney General, arguing that purported location and subject matter for jurisdiction is wrong
  
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• New York Post Blasts Bitcoin Based on, Well, Nothing at All

  21-05-2019 23:00 via newsbtc.com
  In a wonderfully verbose display of journalistic prowess, the New York Post has once again attacked Bitcoin. In its latest piece on the crypto asset, reporter John Crudele takes all of 93 words to conclude that the world’s most popular digital asset by market capitalisation will eventually be worth $0.
  This is not the first time the New York Post has published such attack on Bitcoin by Crudele. Naturally, the crypto asset space has not responded favourably to the bone idle criticism.
  Bitco
  
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• BlockFi Crypto Management Firm Adjusts Interest Rates

  21-05-2019 22:41 via cointelegraph.com
  BlockFi asset management has adjusted interest rates for accounts holding bitcoin and ether
  
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• Analysts Expect Ethereum to Surge Higher in Near-Future as Technical Foundations Strengthen

  21-05-2019 22:25 via newsbtc.com
  Bitcoin’s upwards ascent over the past several weeks has proven to be very positive for the aggregated crypto markets, and has allowed many major cryptocurrencies, including Ethereum (ETH), to put a significant amount of distance between their current prices and their yearly lows.
  Analysts now believe that this upwards momentum is likely to continue, which may allow Ethereum to extend its upwards surge towards $300 in the near future.
  Ethereum (ETH) Builds Strong Technical Foundations 
  
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• Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

  21-05-2019 22:08 via cointelegraph.com
  Chinese e-commerce giant JD has reportedly filed for approximately 200 blockchain patents
  
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• $19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More

  21-05-2019 22:07
  The Ethereum Foundation issued a blog post today outlining how an estimated $30 million would be spent to further develop the ethereum ecosystem.
  
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• Crypto Startup Circle Cuts Staff, Cites Bitcoin Market Conditions

  21-05-2019 22:04 via newsbtc.com
  According to a recent tweet from Jeremy Allaire, the co-founder of crypto startup Circle, he has just made the decision to eliminate (fire) a number of employees. Allaire says that “approximately 30” positions were purged, 10% of the company.
  This news comes on the heels of a massive rally in the Bitcoin price, giving an intriguing bit of insight into Circle’s financial standing. This is first major industry layoff in a number of weeks, as firms have slowed down their resizing
  
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• 3 High-Flying Cannabis Stocks with Potential Gains Yet to Be Unleashed

  21-05-2019 22:03
  WhaBy CCN: Over the last 12 months, there has been tremendous hype on cannabis stocks. The widespread legalization in some states in the U.S. and all of Canada caused many stocks related to the pot industry to skyrocket. The surge has been deemed by some as the new gold rush. If you feel like you got left behind, don’t worry. Some cannabis stocks have corrected over the last few months, and they’re ready to be bought on dips. Here are three cannabis stocks that can go higher this yea
  
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• Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy”

  21-05-2019 22:00 via newsbtc.com
  Bitcoin and the crypto industry it birthed is still new, misunderstood, and is many years away from having its potentially fully realized as a monetary asset, store of value, or transactional currency. But it’s clear to many that the young, emerging financial technology has incredible potential – potential that’ll be unlocked only with time and support. The potential is enough to make crypto among the most exciting asset classes for investors at the moment, from retail to insti
  
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• ‘Blockchain Is Really Democratizing a Lot of Things,’ Interview With Marta Piekarska, Director of Hyperledger’s Ecosystem

  21-05-2019 21:50 via cointelegraph.com
  “In terms of general blockchain space, I think the biggest challenge today is lack of objective experts.” An interview with Marta Piekarska, director of Hyperledger’s ecosystem
  
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• Bitfinex Argues Why Judge Should Dismiss NYAG Case in Latest Court Filings

  21-05-2019 21:49
  Bitfinex and Tether asked a judge to dismiss the New York Attorney General's case against the firms, claiming they have no customers in the state.
  
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• Nabbed! SEC Reels in $30 Million Alleged Diamond-Backed Crypto Scam

  21-05-2019 21:30
  By CCN: The U.S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors were fleeced into handing over funds to Florida-based Argyle Coin LLC. SEC obtains emergency order halting alleged diamond-related ICO scheme targeting hundreds of investors https://t.co/sJIb2vCKsZ — SEC_News (@SEC_News) May 21, 2019 Jose Angel Aman is the mastermind behind the scheme. The SEC a
  
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• Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets

  21-05-2019 21:25 via cointelegraph.com
  A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
  
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• At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade

  21-05-2019 21:24
  Improved relations between the Ethereum Foundation and ConsenSys point to a governance shift that could have major implications for the network's goals.
  
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• Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty

  21-05-2019 21:18 via cointelegraph.com
  The CEO of CIrcle, Jeremy Allaire, says that existing law is inadequate in addressing cryptocurrencies
  
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• Dow Leaps 200 Points But Catastrophic Housing Data Menaces Market

  21-05-2019 21:14
  By CCN: The Dow and broader U.S. stock market returned to strength on Tuesday after the Commerce Department temporarily rolled back trade restrictions against Huawei, the Chinese telecommunications giant. But beneath the surface, the U.S. economy is showing signs of persistent weakness that could come back to haunt the bull market. Dow Regains Footing; S&P 500, Nasdaq Follow Following back-to-back declines, the U.S. stock market was back on the offensive Tuesday, mirroring a strong pre-marke
  
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• Crypto Custody Firm Ledger Vault to Provide Services to Crypto Broker Voyager Digital

  21-05-2019 21:01 via cointelegraph.com
  Canadian cryptocurrency broker Voyager Digital will use the services provided by Ledger Vault, the custody arm of French hardware wallet manufacturer Ledger
  
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• Coinbase’s Weekly Ethereum (ETH) Volume Up 28% Could Be A Bullish Hint

  21-05-2019 21:00 via newsbtc.com
  Ethereum (ETH) up 28.1 percent
  Trading volumes surge ahead of Istanbul hard fork and SerenitySerenity is supportive of prices. So far, Ethereum (ETH) is up 28.1 percent. Even so, there is room for further upsides once there is a close above the psychological $300 mark.
  Ethereum Price Analysis
  Fundamentals
  Several factors are behind investors’ confidence in Ethereum (ETH). Apart from liquidity, fundamentals are overly bullish. Because of expectations and belief of how prices will pan out i
  
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• Crypto Startup Circle Lays Off 30 Employees Citing Market, Regulatory Conditions

  21-05-2019 20:55
  Circle is laying off roughly 30 people, CoinDesk has learned.
  
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• Crypto Startup Circle Cuts 30 Employees Citing Market, Regulatory Conditions

  21-05-2019 20:55
  Circle is laying off roughly 30 people, CoinDesk has learned.
  
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• Craig Wright’s Bitcoin Copyright: Blockchain Bombshell or Absolute Farce?

  21-05-2019 20:24
  By CCN: As CCN earlier reported, Craig Wright has officially filed a copyright claim for the Bitcoin whitepaper. But what does this mean for Bitcoin and crypto generally? In short, it means very little. For starters, the Bitcoin project was initially released under the MIT License. One of the most permissive licenses, it only requires that those who modify and redistribute the code do so under a different title. Open Source Trumps Copyright It gives anyone with the chops to do so the freedom to
  
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• Strong Barriers at $8,500, But Bitcoin (BTC) Bulls Are Steadfast

  21-05-2019 20:00 via newsbtc.com
  Bitcoin (BTC) stable and ranging
  The US SEC delays VanEck Bitcoin ETF decision date by another three monthsBulls are resilience, and after shaking off the $1,000 drop of May 19, Bitcoin is stable and ranging. Even so, any break and close above $8,500 will draw buyers aiming at $10k or higher confirming bulls of early April.
  Bitcoin Price Analysis
  Fundamentals
  That the dreaded crypto winter is finally over, is true. Analysts say fundamental and technical factors are aligning and that will likely
  
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• Cryptocurrency market update: Bulls embrace key support areas ushering fresh gains - FXStreet

  21-05-2019 19:55
  Cryptocurrency market update: Bulls embrace key support areas ushering fresh gains  FXStreetThe crypto market is steadily trending higher following few days of devastating declines across the board. Bitcoin led the market in a bullish phase l.
  
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• What Trade War? Tom Lee Says the S&P 500 Could Return 23% This Year

  21-05-2019 19:38
  By CCN: The stock market still has more runway for gains despite the trade war. Fundstrat Co-Founder Thomas Lee is doubling down on his year-end target of 3,100 for the S&P 500, which reflects gains of 9% from where the index hovers today. The S&P 500 has already climbed 14% higher year-to-date, and but the mood in the market has felt more like “doom-and-gloom” than “to the moon” as a result of the trade war tensions with China. Nonetheless, perma-bull Lee is conf
  
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• ‘C’mere Tesla!’ Elon Musk Will Test Age-Old Dog Trick This Weekend

  21-05-2019 19:38
  By CCN: Have you ever lost your vehicle in a parking lot, and had to annoy people by clicking the lock button repeatedly until you find it? This reporter certainly has. A nondescript car is easy to lose in a sea of other nondescript vehicles. Tesla has a solution for this common problem called “advanced summon,” and Elon Musk plans to put it to the test this weekend. Tesla Pushes the Envelope Again – No More Parking Lot Hunting If you’re within 150 feet of your Tesla, it
  
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• Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

  21-05-2019 19:30
  A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme.
  
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• Bitcoin Can Wreak Havoc by ‘Ruining’ Governments: Senior Russian Official

  21-05-2019 19:25
  By CCN: A top official with Russia’s State Duma (the Russian Parliament) warned that bitcoin has the capacity to ruin governments because it could facilitate the offshoring of massive amounts of money. Nikolay Arefyev, the deputy chairman of the State Duma committee on economic policy, sounded the alarm at a May 20 press conference, Rambler reported. Official: We don’t want capital exodus from Russia Specifically, Arefyev warned that cryptocurrencies could lead to Russia’s coll
  
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• Ripple (XRP) add 21.7 Percent, Resistance at 40-43 cents Zone

  21-05-2019 19:00 via newsbtc.com
  Ripple (XRP) ranging but the uptrend is firm
  XRP classification will either trigger a rally or a large-scale dumpLike most liquid assets, Ripple (XRP) is consolidating, trading inside May 14th and 15th high low in a bullish breakout pattern. All the same, bulls are in pole position. As fundamentals and candlestick arrangement diverge, it is only a matter of time before prices breach 50 cents as buyers aim at 60 cents.
  Ripple Price Analysis
  Fundamentals
  At 39 cents, Ripple (XRP) market dominance
  
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• Bernie Fan Sniffs Out Bitcoin Cash Stash, Hilariously Exposes Wallet Key

  21-05-2019 18:50
  By CCN: A Bernie Sanders voter found a stash of hidden Bitcoin Cash (BCH) – and almost gave it away immediately. No, they didn’t turn up at the local donation center only to find that it was closed. Rather, as apparent newbies to the cryptocurrency game, they did the one thing you should never do – they selfied the paper wallet’s QR code and uploaded it to Twitter. Bitcoin Cash Treasure Hunt: Coming to a Town Near You A generous Redditor appeared on the Bitcoin Cash subre
  
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• Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank

  21-05-2019 18:31 via newsbtc.com
  Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution.
  The company’s plan to launch a fully compliant fiat exchange has been well received by traditional institutions. It is reported that one of the largest global banks has invested in this r
  
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• Dow Surges While Traders Recklessly Ignore Thundering Alarm Bell

  21-05-2019 18:14
  By CCN: The Dow Jones surged on Tuesday after the US government rolled back a handful of minor restrictions on Huawei. But traders are recklessly missing the bigger picture. Former US ambassador Curtis Chin warned this morning that the trade war with China would “get worse before it gets better” as Xi Jinping battles to “show he’s in charge.” Dow Jones Explodes Higher After yesterday’s sell-off, the Dow Jones Industrial Average zoomed higher today, gaining 125
  
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• Hedge Fund Execs Predict Bitcoin Price will Close 2019 at $9,659

  21-05-2019 18:07 via newsbtc.com
  The bitcoin price has surged a little above 114 percent in 2019 so far. But, according to a new poll, the cryptocurrency has extra fuel to sustain its upside action further.
  US comparison website Finder surveyed ten FinTech capitalists, including executives from hedge funds Arca and BitBull Capital, on Friday. The portal found that a majority of them expected that bitcoin would pullback from its recently tested $8,000-level. However, they forecasted a strong rebound in June, which would push the
  
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• The Digital Euro Wallet Designed by Leading Crypto Currency Exchange Globitex

  21-05-2019 18:05
  Launched in February of 2019, the Euro Wallet provides the financial market with an unrivaled solution to crypto exchange transfer speed. An efficient alternative that no bank can provide, transferring cryptocurrencies between exchanges, individuals and into FIAT has never been simpler. Created by the currency exchange Globitex, it opens a wide array of possibilities to their clients for better, faster and safer use of cryptocurrencies. Wherever you live in the European Union, it stands as a wel
  
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• Craig Wright Is Playing Three-Dimensional Checkers

  21-05-2019 18:00
  Craig Wrights efforts to copyright the Bitcoin archives are genius in a very special way.
  
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• Bitcoin SV Price Goes Vertical Following Craig Wright’s Whitepaper Copyright Claim

  21-05-2019 18:00 via newsbtc.com
  According to a press release published by CoinGeek, controversial crypto proponent Craig Wright has been granted copyright registrations for the original Bitcoin Whitepaper with the US Copyright Office. The pro-Bitcoin SV publication has used the news as concrete evidence that Wright is indeed Satoshi Nakamoto.
  Although many in the wider cryptocurrency community remain unconvinced by Wright’s claims, even in light of the latest developments, it is clear from the Bitcoin SV price action tha
  
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• Boeing Bounces After Kamikaze Bird Rumor Bolsters Key Dow Stock

  21-05-2019 17:42
  By CCN: Boeing stock enjoyed a moderate bounce on Tuesday, but it’s the trigger for the rally that’s raising eyebrows on Wall Street. That trigger? A dead bird. US: Kamikaze Bird Strike Led to 737 MAX Crash According to the Wall Street Journal, US aviation officials now believe that a kamikaze bird caused – or at least contributed – to the fatal Ethiopian Airlines Boeing 737 MAX crash in March. The officials speculate that a bird collision caused sensors to feed faulty da
  
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• Japanese Parliament Moves New Crypto Regulations to the Upper House

  21-05-2019 17:13 via cointelegraph.com
  Japanese parliament passes new crypto regulations for consideration by the upper house
  
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• Bitcoin SV Gives Up Some Gains as Wright’s BTC Registration in Check

  21-05-2019 17:08
  Following the news, Bitcoin SV price began a rapid increase, which took it to a high of $139.31, up 120%.
  
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• Bitcoin SV Gives Up Gains as Wright’s BTC Copyright in Check

  21-05-2019 17:08
  Following the news, Bitcoin SV price began a rapid increase, which took it to a high of $139.31, up 120%.
  
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• ‘Fraudulent Propoganda’: Co-Founder of China’s Blockchain Uber Slams EOS

  21-05-2019 17:00
  By CCN: Weixing Chen, the founder and CEO of Kuaidi Dache, a Chinese taxi-hailing application, has expressed his concerns about crypto assets like EOS in a statement published on Weibo that prioritize scalability. A rough translation of his statement read: EOS is a good example. I have always said that there is no problem in tryingtechnology. The problem is the fraudulent propaganda such as ‘Million TPS” and ‘Next Generation Operating System’. CnLedger, a trusted crypto n
  
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• Bitcoin ETF Not ‘Imminent’ But Could Upend Crypto Market in 2019: Expert

  21-05-2019 17:00
  By CCN: A bitcoin ETF does not wait on the immediate horizon, according to the managing director of ETF.com, Dave Nadig. A veteran of the exchange-traded fund market and an indexing expert, Nadig told CNBC’s Bob Pisani that a bitcoin ETF was not “imminent” but remained a strong possibility for 2019. Bitcoin ETF Not Imminent, Says Market Expert Dave Nadig Dave Nadig told CNBC there was no reason for any immediate hope of approval and that the regulator would likely exercise its
  
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• Bitcoin SV Surges 200% As Wright Registers Copyright to Satoshi White Paper

  21-05-2019 16:50
  Bitcoin SV surged more than 200 percent on some exchanges after Craig Wright filed a copyright registration for the bitcoin white paper.
  
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• SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency - Cointelegraph

  21-05-2019 16:49
  SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency  CointelegraphThe United States Securities and Exchange Commission (SEC) has halted a confirmed cryptocurrency Ponzi scheme after it took funds worth $30 million, the ...
  
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• SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency

  21-05-2019 16:49 via cointelegraph.com
  The U.S. SEC has brought legal action to operators of several scam companies targeting crypto investors
  
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• SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?

  21-05-2019 16:41 via cointelegraph.com
  As largely predicted, the VanEck SolidX bitcoin ETF proposal has been postponed again by the SEC. However, a slight chance remains that a crypto ETF might come this year
  
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• SEC Moves to Halt Diamond-Linked Crypto ‘Ponzi Scheme,’ Freeze Assets

  21-05-2019 16:25
  The U.S. Securities and Exchange Commission has taken action over what it alleges is a $30 million crypto scam based on supposed diamond investment.
  
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• Australian Securities and Investments Commission Warns Public Against New Crypto Scam

  21-05-2019 16:07 via cointelegraph.com
  Australian Securities and Investments Commission red flagged another alleged crypto-related scam operating without a license
  
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