Cryptocurrency news

• South Korean Gov’t Announces Second Study Group for Blockchain Regulations

  22-05-2019 23:45 via cointelegraph.com
  The South Korean government is running a second study on blockchain regulations, examining applications in logistics, healthcare, finance and energy
  
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• Crypto Bull Brian Kelly: Bitcoin Miners are Hoarding, Demand Is Rising

  22-05-2019 23:15
  By CCN: Now that the bitcoin price is holding at the $8,000 level, investors are anxiously awaiting what comes next. Bitcoin’s value has expanded by 50% over the last 30 days, but the bulls are currently taking a breather and momentum appears to have stalled. Crypto fund manager Brian Kelly on CNBC provided some anecdotal evidence that the bitcoin price is only getting started, not the least of which is that miners are reportedly hoarding bitcoin rather than directing it toward total circu
  
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• New Browser Extension Hopes to Make it Easy to Get Used to Using Bitcoin in Retail

  22-05-2019 23:00 via newsbtc.com
  A new browser extension has just been launched that hopes to make it easier for people to start thinking in Bitcoin prices when they do their online shopping. The aptly titled “Get Used to Bitcoin” automatically converts prices at some of the planet’s biggest internet retailers and elsewhere to Bitcoin and displays a price in satoshis next to the equivalent amount expressed in dollar, euro, or other supported fiat currency.
  One of the perceived issues with the notion of widespr
  
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• Tesla’s Stock Crashes as Wall Street Predicts Armageddon

  22-05-2019 22:55
  By CCN: Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla Car Price and Stock Price Are Both Falling Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill Lynch put out a note expressing concern that sales on those models have peaked and are losing market share to its own Model 3. Analysts are starting to
  
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• Alarming! Tesla’s Stock Crashes as Wall Street Predicts Armageddon

  22-05-2019 22:55
  By CCN: Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla Car Price and Stock Price Are Both Falling Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill Lynch put out a note expressing concern that sales on those models have peaked and are losing market share to its own Model 3. Analysts are starting to
  
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• Why the SEC’s Postponement of a Cryptocurrency ETF is Not a Bad Thing - ZyCrypto

  22-05-2019 22:47
  Why the SEC’s Postponement of a Cryptocurrency ETF is Not a Bad Thing  ZyCryptoThe US Securities and Exchange Commission (SEC) has once more scuppered the hopes of the cryptocurrency community, by postponing a decision on the ...
  
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• Copyright Registrations Do Not Recognize Craig Wright as Satoshi Nakamoto

  22-05-2019 22:45 via cointelegraph.com
  Craig Wright’s copyright registration for the Bitcoin white paper does not mean that the government recognizes him as the creator of bitcoin
  
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• NYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to Consolidate

  22-05-2019 22:17 via cointelegraph.com
  Crypto trader at NYMEX Anthony Grisanti believes that the crypto market will soon consolidate, which is a healthy sign
  
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• Switzerland’s SIX Stock Exchange Is Working on a Swiss Franc Stablecoin

  22-05-2019 22:15
  SIX, the Swiss national stock exchange group, is working on creating its own stablecoin pegged to the Swiss franc.
  
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• Japan Targets Bitcoin Exchanges for Money Laundering as G20 Looms

  22-05-2019 22:15
  By CCN: Japan’s financial regulators are considering enacting new rules aimed at bitcoin exchanges as it steps up anti-money laundering countermeasures. This issue will also be raised at the forthcoming G20 Summit, which takes place in Osaka on June 28 and 29. Specifically, the Financial Services Agency (FSA) is targeting crypto exchanges that don’t adequately confirm their clients’ identities or offer anonymous transactions, the Nikkei Asian Review reported. Japan has recently
  
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• Crypto Industry Celebrates Annual Bitcoin Pizza Day

  22-05-2019 22:00 via newsbtc.com
  Today marks the nine-year anniversary of the first ever reported transaction using Bitcoin to make a purchase. A Florida-based, early crypto supporter spent 10,000 BTC on two pizzas, making history through a mundane meal purchase. Since then Bitcoin price has grown exponentially and the asset has become a widely recognized name in the financial technology sector, and sparked the creation of an entire industry of competition cryptocurrencies, all vying for Bitcoin’s top spot.On this ninth a
  
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• Jussie Smollett Haunted by Scandal as Ex-Judge Targets Fallen Empire Star

  22-05-2019 21:43
  By CCN: Oh, Jussie Smollett. Once again you are back in the headlines. If it’s fame you wanted, you certainly got it, but it’s probably not the fame you were dreaming about when you risked your career to perpetuate what appears to be a hate crime hoax. A former judge is now filing a motion in a Chicago court to have a special prosecutor examine the former “Empire” actor’s case. Jussie Smollett filed a police report at the end of January 2019, claiming he was the vic
  
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• Here’s Why Gold Bull Peter Schiff is Blessing in Disguise for Bitcoin

  22-05-2019 21:38 via newsbtc.com
  The economic atmosphere in the United States has changed drastically over the last six months. Ahead of last year’s close, the stock market tanked, consumer spending experienced a sharp decline, and prominent economists predicted that a recession was around the corner.
  And now, in May, the US economy is working smoothly and steadily without any sudden changes. Nevertheless, the pessimism and uncertainty about the future are higher than they have been since the last economic crisis. Busines
  
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• Ice-T Trashes Amazon After Delivery Almost Ends in Tragic Shooting

  22-05-2019 21:36
  By CCN: Musician, rapper, songwriter, actor, record producer, and author Ice-T fired off a savage tweet at Amazon, not-so-kindly suggesting that Amazon delivery people should wear garments clearly identifying themselves as such. The company’s abject failure to require this basic worker protection almost caused him to tragically shoot one delivery driver in self-defense. Message To Amazon: Now that you have regular people making your home deliveries.. Maybe they should wear a Vest with AMAZ
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 22

  22-05-2019 21:20 via cointelegraph.com
  Can the bulls overcome the bears and resume the recovery? Let’s study the charts and find out
  
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• Bitcoin Price Roars Loud But Could Quickly Unravel to 30% Plunge: Analyst

  22-05-2019 21:16
  By CCN: Josh Rager, a cryptocurrency trader and technical analyst, expects a healthy pullback for bitcoin based on the historical performance of the asset in the past three years. Since 2016, the bitcoin price has tended to correct by 30 to 40 percent following a strong short-term rally. Although the historical performance of the bitcoin price is no guarantee of its future trend, coming off of a staggering 100 percent year-to-date gain, despite the strong momentum of the asset, some analysts hav
  
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• Dow Slices Triple-Digit Loss as Deflated Fed Hawks Suffer Brutal Defeat

  22-05-2019 21:10
  By CCN: The Dow and broader U.S. stock market pared losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of Fed hawks to the garbage heap. Dow, S&P 500 Pare Painful Losses All of Wall Street’s major indexes traded lower Wednesday afternoon, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average was off by more than 120 points
  
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• Dow Sinks 100 Points Even After Deflated Fed Hawks Suffer Brutal Defeat

  22-05-2019 21:10
  By CCN: The Dow and broader U.S. stock market extended losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of Fed hawks to the garbage heap. Dow, S&P 500 Pare Painful Losses All of Wall Street’s major indexes finished lower by the end of trading, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average was off by more than 120
  
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• The Consensus 2019 Videos Are Live

  22-05-2019 20:45
  Watch nearly every Consensus 2019 talk on CoinDesk right now.
  
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• The Consensus 2019 Keynote Videos Are Now Live

  22-05-2019 20:45
  Watch nearly every Consensus 2019 talk on CoinDesk right now.
  
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• Bitfinex and Tether Obtain Stay of Demands From New York Supreme Court

  22-05-2019 20:41 via cointelegraph.com
  Bitfinex and its affiliated stablecoin issuer Tether have obtained a stay of demands for which they applied on May 21
  
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• US Copyright Office Says It Does Not ‘Recognize’ Craig Wright as Satoshi

  22-05-2019 20:30
  No, the U.S. government didn't officially recognize Craig Wright as Satoshi.
  
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• EU Authorities Shut Down Bitcoin Transaction Mixer

  22-05-2019 20:00
  A bitcoin transaction mixer has been seized and shut down by authorities in the European Union.
  
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• Ethereum Foundation’s Determination is “Very” Bullish for ETH

  22-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) up 15.8 percent
  $30 million set aside for Ethereum’s ecosystem developmentThe Ethereum Foundation appears to be fast-tracking Ethereum 2.0 development after committing $30 million. Once Ethereum 2.0 activation, ETH bulls will benefit, and prices may soar back to their all-time highs.
  Ethereum Price Analysis
  Fundamentals
  Overly, Bitcoin price expansion in the last seven weeks or so was beneficial for altcoins, especially Ethereum (ETH). In May alone, the second most liquid a
  
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• Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

  22-05-2019 19:48 via cointelegraph.com
  Circle’s USD Coin is now supported on Coinbase Commerce, the payment processor of major U.S.-based cryptocurrency exchange Coinbase
  
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• Fuming Craig Wright Demands Podcaster Tell Court He Created Bitcoin

  22-05-2019 19:45
  By CCN: We previously reported on Craig Wright’s legal actions against Peter McCormack, host of the What Bitcoin Did podcast. Wright claims McCormack engaged in libel by calling him a “fraud” for claiming to be Satoshi Nakamoto. McCormack has received his second notice from Wright’s legal team, which claims in part that the podcaster failed to acknowledge the suit against him properly. The following is the latest letter from his solicitors of Craig Wright. Based on the co
  
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• Multicurrency Crypto Wallet Integrates Apple Pay, With Google Pay to Follow Within Weeks

  22-05-2019 19:40 via cointelegraph.com
  Fresh from integrating Apple Pay into its iOS app, the company behind a multicurrency digital wallet says support for Google Pay will come within weeks #SPONSORED
  
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• Bitcoin Businessman Debuts 'First Cryptocurrency Cafe in the United States' - The Daily Hodl

  22-05-2019 19:25
  Bitcoin Businessman Debuts 'First Cryptocurrency Cafe in the United States'  The Daily HodlA new establishment that bills itself as the “first cryptocurrency cafe in the United States” has opened its doors in Florida. Smart Crypto Cafe is trying to do more ...
  
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• Tether Limited “Investing” in Bitcoin (BTC) is a Bullish Signal

  22-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) ranging but stable
  A portion of Tether reserves was used to invest in Bitcoin (BTC)
  Tether and iFinex, the parent company, are controversial though they play a crucial role in the ecosystem. Despite their claim that every USDT in circulation is pegged 1:1 against the USD, it appears that they are also investing in Bitcoin and other assets according to the latest Supreme Court transcript.
  Bitcoin Price Analysis
  Fundamentals
  The controversy around Tether Limited, the official issuer
  
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• Cryptopia Cracked: Are Centralized Exchanges the Way to Go?

  22-05-2019 18:55 via cointelegraph.com
  Cryptopia’s liquidation serves to warn crypto traders of potential risks surrounding centralized exchanges
  
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• Why Litecoin Will Skyrocket 140% in Less Than 3 Months & Hit $220

  22-05-2019 18:41
  By CCN: The Litecoin price has enjoyed a breakneck bull run in 2019, launching the cryptocurrency nearly 200 percent higher in less than six months. But while cautious investors might be tempted to take their profits and run, a crucial upcoming event could send Litecoin another 140% higher over the next three months, enabling LTC to eclipse the $220 mark for the first time in more than a year. The trigger from this mammoth ascent? Litecoin’s long-awaited “halvening,” which will
  
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• Europol Shuts Down $200 Million Crypto Mixing Service Bestmixer

  22-05-2019 18:36 via cointelegraph.com
  Europol, along with Dutch and Luxembourg authorities, have shut down one of the three largest cryptocurrency tumblers, Bestmixer.io
  
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• Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans

  22-05-2019 18:24 via cointelegraph.com
  A group of four banks have successfully issued a promissory note, a type of legally binding loan agreement, through a new blockchain platform
  
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• Upcoming Supply Cut Will See Bitcoin Prices Rise Further, Brian Kelly Predicts

  22-05-2019 18:13 via cointelegraph.com
  An upcoming supply cut could help bitcoin prices rise further in the coming months, crypto fund manager Brian Kelly says
  
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• Security Token Offerings Explained with Blueshare – World’s First and Only Hybrid STO

  22-05-2019 18:03 via newsbtc.com
  In a recent interview, Dr. Zlatin Sarastov – CFO of the Swiss tokenized shares platform Blueshare, explained the concept of regulated security tokens, their importance and how Blueshare is utilizing this concept to devise a revolutionary model surrounding the construction and mining business of Interprom Mining AG.
  Interprom Mining AG is a Switzerland based company and the parent of Interprom Ltd. Since its conception 23 years ago, the company has proven itself to be a leading infrastructu
  
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• Bitcoin [BTC]: Israel classifies the world’s largest cryptocurrency as an asset, and not as a currency - AMBCrypto News

  22-05-2019 18:01
  Bitcoin [BTC]: Israel classifies the world’s largest cryptocurrency as an asset, and not as a currency  AMBCrypto NewsThe acceptance and adoption of Bitcoin [BTC] as a mainstream form of payment has been the main focus of a lot of proponents in the space, with some regions ...
  
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• Ripple Escrow Reporting: Creative Accounting or Much Ado About Nothing?

  22-05-2019 17:08 via cointelegraph.com
  Are we seeing yet another case of inaccurate reporting by Ripple as Coin Metrics say its on-chain data and quarterly reports don’t line up. Let’s investigate
  
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• Coinbase Now Lets Merchants Accept Payments in USDC Stablecoin

  22-05-2019 17:01
  Coinbase Commerce, the crypto exchange's merchants payments offering, has added support for dollar-pegged stablecoin USD Coin.
  
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• Coinbase Now Lets Merchants Accept Payments in the USDC Stablecoin

  22-05-2019 17:01
  Coinbase Commerce, the crypto exchange's merchants payments offering, has added support for dollar-pegged stablecoin USD Coin.
  
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• Is Bitcoin Too Early For Mainstream Adoption? Study Suggests So

  22-05-2019 16:39 via newsbtc.com
  College students at the University of Colorado Boulder were asked if they would rather have one dollar or one Bitcoin. Initially, the majority opted to take the dollar, but that was before the host disclosed how much one Bitcoin was worth.
  Even then, they were uncertain about accepting the Bitcoin due to ignorance over how to store and use it. This goes to show, even though research indicates cryptocurrencies to be a millennial trend, there’s still a long way to go before it becomes mainst
  
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• How can cryptocurrency improve cross-border payments? - Yahoo Finance

  22-05-2019 16:30
  How can cryptocurrency improve cross-border payments?  Yahoo FinanceBitcoin can be viewed as an uncensorable form of money that can be sent by anyone to anywhere in the world. It can be sent much cheaper and more quickly ...
  
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• This Painfully Boring CNBC Crypto Debate Is Bullish as Hell for Bitcoin

  22-05-2019 16:13
  By CCN: If you’re looking for reasons behind bitcoin’s recent price surge, this video tells the whole story. Because it’s so completely dull. Has bitcoin gone too far, too fast? Here's how two traders are thinking about bitcoin futures. via @CNBCFuturesNow https://t.co/StSHvYGYD9 pic.twitter.com/aHKgt62GNe — CNBC (@CNBC) May 22, 2019 The two established analysts with decades of trading experience talk about bitcoin with maturity and logic. They make a strong case for allo
  
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• Nonprofits turn to cryptocurrency to help Venezuelans in need - NBC News

  22-05-2019 16:06
  Nonprofits turn to cryptocurrency to help Venezuelans in need  NBC NewsA handful of charities are using digital currencies to send relief directly to Venezuelans, where it's estimated the annual inflation rate is a staggering 67000%.
  
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• Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019

  22-05-2019 16:05 via cointelegraph.com
  Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
  
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• Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains

  22-05-2019 15:54 via cointelegraph.com
  An Israeli judge has ruled that bitcoin is an asset and not a currency
  
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• Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange

  22-05-2019 15:52
  Adam Clark, creator of the now-defunct Cryptopia, is trying again with a new exchange. Details are slim.
  
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• Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War

  22-05-2019 15:32
  By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but also mire the two nations in an economic cold war. Dow Stumbles Toward Another Setback All three of Wall Street’s major indices suffered moderate declines. As of 9:53 am ET, the Dow Jones Industrial Average had lost 70.14 points or 0.27% to r
  
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• Paxful Launches Mobile Exchange App to Reach Unbanked Customers

  22-05-2019 15:20
  “...This app will make our platform more accessible to communities around the world,” said the exchange's CEO.
  
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• Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend

  22-05-2019 15:20 via cointelegraph.com
  Bitcoin falls under the $7,900 mark again as most of the top 20 cryptocurrencies report moderate losses on the day
  
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• Bitcoin Remains On the Defensive With Price Below $8k

  22-05-2019 15:15
  Bitcoin is teasing a downside break of its recent trading range, having again faced rejection above $8,000 today.
  
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