Cryptocurrency news

• Billionaire’s Tesla Gamble Cost Him $420 Million in 6 Months

  23-05-2019 23:33
  By CCN: Elon Musk isn’t the only tech billionaire with a gaping Tesla-shaped dent in his net worth this year. As Tesla’s stock price crashes and burns, Oracle founder Larry Ellison is deep in the red with his massive stake in the company. World’s 7th-Richest Man Bet $1 Billion on Elon Musk At Oracle’s analyst meeting last October, Ellison – the world’s seventh-richest man with a net worth of $57.6 billion – disclosed that the electric car company was his
  
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• Huawei Faces Possible Final Nail in Coffin as Chip Designer Bails: Report

  23-05-2019 23:28
  By CCN: Google was only the beginning of Chinese multinational tech giant Huawei‘s woes. The odds are increasingly stacked against the popular smartphone maker now that it is losing business with one of its biggest partners: British chip designer Arm Holdings. The chip company reportedly distributed an internal memo saying that as a result of “U.S. origin technology,” is no longer working with Huawei. Following news that the telecommunications giant would be “blacklisted&
  
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• E-Commerce Giant Alibaba to Integrate Blockchain Into Intellectual Property System

  23-05-2019 23:15 via cointelegraph.com
  Alibaba is in the process of upgrading the filing of intellectual property rights by utilizing blockchain technology
  
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• Living on Bitcoin Just Got Even Easier, AT&T Accept Crypto Payments With Bitpay

  23-05-2019 23:00 via newsbtc.com
  Earlier today, US telecom giant AT&T proudly announced that it had become the first major American mobile carrier to accept crypto assets for the payment of bills. Customers will be able to settle their accounts using Bitcoin thanks to a deal with BitPay.
  Although such developments are great for those earning in Bitcoin, for most people interested in the number one digital currency, the appeal will likely be limited. They therefore do not quite represent the holy grail’s of crypto adop
  
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• Coinbase Now Supports Another Stablecoin, MakerDAO’s Dai

  23-05-2019 22:33 via cointelegraph.com
  Major exchange and cryptocurrency platform Coinbase now supports DAI for transactions, conversions and storage
  
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• Ethereum Investment Vehicle Approved for Small Investors

  23-05-2019 22:00
  FINRA has approved Grayscale Investments' ethereum trust shares for sale to mom-and-pop investors.
  
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• Crypto Analyst: Bitcoin Price Forming Symmetrical Triangle, 60% Chance of Continuation

  23-05-2019 22:00 via newsbtc.com
  All eyes are currently on Bitcoin price, as the leading crypto by market cap has taken a pause in its parabolic advance, and the market watches and waits to see which direction the value of the asset goes in next.
  After the longest bear market on record, market participants are still in disbelief. Meanwhile, the bullish momentum is undeniable as Bitcoin sliced through resistance at $6,000, $7,000, and even $8,000 with relative ease before taking a much needed breather. According to one prominent
  
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• Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments

  23-05-2019 21:55
  By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. Russia and Iran previously considered using cryptocurrencies for business between the two. Iran later launched a gold-backed cryptocurrency. Russian Central Bank Will Put Onerous Limits on Retail Crypto Investors ht
  
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• Bernie Sanders Bashes McDonald’s, But His Wage Fight Has a Dirty Secret

  23-05-2019 21:43
  By CCN: Socialist Grumpy Cat Bernie Sanders continued his foolish economic crusade for a $15 minimum wage, ginning up support at a series of Thursday rallies. Sanders turned his troll-eyes on McDonald’s this time, after previously haranguing Delta Air Lines, Disney, Amazon, General Motors, Wabtec, and Nissan about the minimum wage. Delta wasn’t going to stand for it, though, and issued a blistering retort to Bernie Sanders. Want $15? You’ll Be Replaced by a Robot Claire Sandber
  
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• Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

  23-05-2019 21:31 via cointelegraph.com
  Hollywood film producer Ryan Kavanaugh’s media firm Proxima Media has reportedly earmarked a $100 million investment for a crypto project
  
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• Dow Collapse Hits Crushing Level as Bond Yields Ignite Investor Panic

  23-05-2019 21:12
  By CCN: The Dow and broader U.S. stock market extended their slide on Thursday, as investors cut ties with riskier assets and piled into the perceived safety of Treasurys after an emboldened China called out the United States for its apparent transgressions on free trade. Dow Plummets; S&P 500, Nasdaq Follow All of Wall Street’s major indexes headed for big losses on Thursday, with the Dow Jones Industrial Average on track for its fifth straight weekly decline. The blue-chip index decl
  
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• Engineering Giant Bosch Trials Ethereum Tech as ETH Retraces 5%

  23-05-2019 21:00 via newsbtc.com
  Ethereum (ETH) down 4.8 percent and hanging
  Bosch, Samsung, and Amazon see potential in EthereumVitalik zeroed in on Augur and Kleros as two projects that would eliminate human verification, as Bosch said they are trialing projects in Ethereum. Prices are stable, down 4.8 percent. But bills still have control. 
  Ethereum Price Analysis
  Fundamentals
  On April 30th, Elon Musk tweeted, “Ethereum” and that was enough for Ether prices to move, jolting bulls and could have been the pre
  
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• SEC Charges California Resident for Alleged $26 Million Crypto Pyramid Scheme

  23-05-2019 20:49 via cointelegraph.com
  California resident Daniel Pacheco has been accused by the U.S. SEC of allegedly operating a $26 million cryptocurrency pyramid scheme
  
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• Dark-Horse Trump Rival Pumps Crypto, Aims to Make US a Bitcoin Nation

  23-05-2019 20:36
  By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House. Altogether, Swallwell is accepting six cryptocurrencies. Two of the six are odd choices. One of them is the White Standard, a stablecoin we hadn’t previously heard of which repor
  
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• Coinbase Opens DAI Stablecoin Trading to Retail Customers

  23-05-2019 20:25
  Coinbase will now let its retail customers buy or trade the DAI stablecoin, so long as they don't live in New York.
  
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• US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

  23-05-2019 20:24 via cointelegraph.com
  U.S. telecoms giant AT&T is now accepting payments in cryptocurrency through BitPay
  
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• TrustED Ties with Binance to Start Services on Its Blockchain

  23-05-2019 20:16
  The startup is also planning to launch its ICO.
  
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• South Korean Cryptocurrency ICON Poised For Big Year - Seeking Alpha

  23-05-2019 20:16
  South Korean Cryptocurrency ICON Poised For Big Year  Seeking AlphaICON is one of the more known crypto projects in South Korea, a nation known for being crypto forward It has revealed an impressive and immersive roadmap ...
  
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• QLC Chain Launches Counter Telecom Fraud Platform

  23-05-2019 20:14
  Leading Chinese cloud communications provider, QLC Chain, has announced the launch of its Counter Telecom Fraud Platform, which went live on May 17th. 19 May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform. The platform, which officially launched on World Telecom Day, (May 17th) will offer financial institutions the means to build an Application-to-Person (A2P) messages ledger via QLC Chain, granting clie
  
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• European Agencies Shut Bestmixer.io’s Crypto Mixing Service

  23-05-2019 20:02
  The platform generated $200 million in revenue last year.
  
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• XRP Bulls Await Ripple Labs’ Bank Partnerships And Collaborative Efforts

  23-05-2019 20:00 via newsbtc.com
  Ripple (XRP) sinks 4.1 percent
  Collaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternativeThe casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. At spot rates, Ripple (XRP) is back to consolidation as bears flirt with our immediate support at 34 cents.
  Ripple Price Analysis
  Fundamentals
  That Ripple goal is to see speed, efficiency, and a system that benefits the unbank
  
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• Wirex and Elliptic team up to combat cryptocurrency fraud - SiliconANGLE News

  23-05-2019 19:56
  Wirex and Elliptic team up to combat cryptocurrency fraud  SiliconANGLE NewsCryptocurrency-based personal banking company Wirex Ltd. and anti-fraud security intelligence and compliance outfit Elliptic Enterprises Ltd. today announced ...
  
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• Apple’s Brand Worth a Whopping $200 Billion as Facebook’s Value Falters

  23-05-2019 19:39
  By CCN: Forbes’ 2019 list of the world’s most valuable brands is out. For the ninth straight year, Apple takes the cake. The tech behemoth’s brand is currently worth $205.5 billion – a 12% increase from last year. All but two of the top 10 brands saw their value increase since 2018. Facebook lost 6% over the year. Worth close to $95 billion last year, Facebook’s brand value has dropped to less than $89 billion. Apple’s Secret to Success Although iPhone sales a
  
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• This Crypto Joke is a Better Investment Than Bitcoin – Seriously

  23-05-2019 19:35
  By CCN: Originally created as a programmer’s practical joke, Dogecoin has defied the odds to cement its place near the top of the crypto market cap. Joke or not, however, this cryptocurrency is about to mount a serious challenge to Bitcoin, and prescient investors could yield a 185 percent windfall. Dogecoin Flashes Wildly Bullish Signal Through the years, one crypto trading formula that has stood the test of time is buying support while the market is oversold. The more oversold, the bette
  
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• The Cryptocurrency Market Has Become a Casino - Bitcoin News

  23-05-2019 19:17
  The Cryptocurrency Market Has Become a Casino  Bitcoin NewsCrypto trading has always entailed a blend of skill and good fortune, but in the frothy markets of 2019, that weighting is skewed heavily in favor of the Crypto ...
  
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• AT&T Teams With BitPay to Accept Bill Payments in Crypto

  23-05-2019 19:11
  You can now pay your AT&T bill with crypto.
  
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• 2020 Presidential Hopeful Eric Swalwell Accepting Cryptocurrency Donations - Ethereum World News

  23-05-2019 19:11
  2020 Presidential Hopeful Eric Swalwell Accepting Cryptocurrency Donations  Ethereum World NewsAnother presidential candidate in the upcoming U.S. 2020 elections has thrown his hat into the cryptocurrency ring. Just a week after Andrew Yang made ...
  
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• DREP Increased by 75% After Listing Announcement on BitMax.io

  23-05-2019 19:07 via newsbtc.com
  The Phenomenal Track Record of Project Listing of This Rising Platform.
  BitMax.io (BTMX.com), the digital asset trading platform built by a group of Wall Street quant veterans last year, announced listing of DREP project on May 17, 2019. DREP market price increased by approximately 75% within 4 days, even before BitMax.io officially enabled DREP trading. This was not the first time when BitMax.io showed its market impacts.On May 7th, BitMax.io announced the listing of ABBC, a Top 100 project by
  
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• Fake cryptocurrency apps appear on Google Play - The Block Crypto

  23-05-2019 19:02
  Fake cryptocurrency apps appear on Google Play  The Block CryptoFake cryptocurrency apps on Google Play try to profit on bitcoin price surge  Ars TechnicaA cryptocurrency stealing app found on Google Play was downloaded over a thousand times  TechCrunchFake cryptocurrency apps crop up on Google Play as bitcoin price rises  We Live SecurityAs Bitcoin surges, hackers rush to spread cryptocurrency malware on Google Play  The Next WebView full covera
  
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• Coinbase’s Merchant App Hits $50 Million in Volume Since 2018 Launch

  23-05-2019 19:00
  Coinbase Commerce – the exchange unicorn's app for online retailers – hit a milestone after seeing an uptick in volume in Q2 2019.
  
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• Bitcoin (BTC) Will Easily Recover Ahead of Halving, Manager Confident

  23-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) ranging
  Brian Kelly says his fund is hoarding BTC ahead of next year’s halvingIt’s a sea of red in the top-10 and Bitcoin is down 4.8 percent from last week’s close. However, that doesn’t imply weakness because Brian Kelly, a crypto fund manager, says many are hoarding in expectation of 2020 scarcity.
  Bitcoin Price Analysis
  Fundamentals
  Yes, there has been a Bitcoin (BTC) pullback, but that is not enough to dampen expectations of its users. Trading at $7,60
  
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• SEC Sues Alleged $26 Million ‘Crypto’ Ponzi Scheme Operator

  23-05-2019 18:50
  The SEC has accused Daniel Pacheco of running a $26 million Ponzi scheme disguised as a cryptocurrency.
  
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• Vitalik Proposes Mixer to Anonymize ‘One-Off’ Ethereum Transactions

  23-05-2019 18:45
  Founder of ethereum Vitalik Buterin proposed Wednesday a "simple" design to enhance privacy features on the ethereum blockchain.
  
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• FINRA Approves Grayscale Ethereum Trust for Individual Investors, Will ETH Soon Surge Higher?

  23-05-2019 18:45 via newsbtc.com
  The aggregated crypto markets have incurred some selling pressure today that has sent Ethereum’s price reeling back nearly 5%, jeopardizing the upwards momentum that the crypto has incurred over the past several weeks.
  Despite this, earlier today news broke regarding the approval of the Grayscale Investment’s Ethereum Trust for individual investors. The investment vehicle – which holds ETH – will soon be accessible by all investors after the Financial Industry Regulatory
  
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• Elon Musk Scores $48 Million to Dig Holes in Vegas While Tesla Implodes

  23-05-2019 18:41
  By CCN: As Tesla stock goes up in flames amid its “code red” crisis, Elon Musk enjoyed a small reprieve from the tsunami of bad news when his Boring Company won a $48.6 million Las Vegas contract. The Las Vegas project is a milestone for Boring since it is the fledgling company’s first commercial contract. The Boring Company is a tunnel construction firm Elon Musk launched in late-2016. It was initially a subsidiary of SpaceX, but it was spun off into an independent entity in 2
  
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• Grayscale Widens Net for Ethereum Investors with Trust’s FINRA Approval

  23-05-2019 18:35
  By CCN: Digital asset investment firm Grayscale Investments, which boasts $1.2 billion in AUM, has received regulatory approval for another cryptocurrency product to be traded in the secondary market. FINRA, which is a self-regulatory organization, has given its stamp of approval to the Grayscale Ethereum Trust for the over-the-counter (OTC) markets under the trading symbol ETHE. While this investment vehicle launched back in 2017 during the last bull run, it was limited to institutional and acc
  
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• Robinhood Zero-Fee Trading App Officially Launches in New York

  23-05-2019 18:07 via cointelegraph.com
  Following the acquisition of a BitLicense in January this year, Robinhood has officially rolled out zero-fee crypto trading in New York
  
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• Robinhood Opens Trading for 7 Cryptocurrencies in New York

  23-05-2019 17:45
  Five months after receiving a BitLicense, Robinhood is now offering ethereum and bitcoin trading in New York State.
  
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• Generation Bitcoin: 90% of Millennials Prefer Crypto to Gold: ETF Expert

  23-05-2019 17:37
  By CCN: The US investing industry stands on the precipice of a dramatic upheaval that could see bitcoin and other cryptocurrency assets replace gold in investor portfolios. That’s according to Nate Geraci, president of the ETF Store, an independent investment advisor. He revealed in a Bloomberg TV interview that his millennial clients are clamoring to hold bitcoin in their portfolios – if only the SEC would let them. Crypto in a Landslide: ETF Expert Says Millennials Plan to Kick Gol
  
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• Avelacom Caters to Crypto Traders with Seed CX Partnership

  23-05-2019 17:22
  The deal provides Avalecom’s investors with access to Seed CX’s real time market data and order-routing solutions
  
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• Blockchain Firm Raises $4 Million From Draper’s VC Fund to Provide Uncensorable Domains

  23-05-2019 17:15 via cointelegraph.com
  San Francisco-based blockchain firm Unstoppable Domains raised $4 million in a round backed by Tim Draper to offer domains that cannot be shut down
  
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• Grayscale Gets Regulatory Nod From FINRA for Ethereum Trust to Trade on OTC Markets

  23-05-2019 16:43 via cointelegraph.com
  Following regulatory approval, Grayscale’s third cryptocurrency trust is about to hit the retail market
  
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• Bet on Bitcoin for Better Returns Than US Stocks, Insists Wall Street Veteran

  23-05-2019 16:43
  By CCN: On CNBC’s Fast Money, Morgan Creek Digital founder and CEO Mark Yusko, said that bitcoin makes a great diversifying asset in a stocks portfolio and that every investor should invest in the dominant cryptocurrency. Hedge fund vet @MarkYusko says bitcoin is a better bet than stocks. pic.twitter.com/mbnwGJUmNi — CNBC's Fast Money (@CNBCFastMoney) May 22, 2019 Since January, in less than six months, the bitcoin price has risen by more than 100 percent year-to-date, outperforming
  
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• Russian Central Bank to Consider Gold-Backed Cryptocurrency - CoinDesk

  23-05-2019 16:30
  Russian Central Bank to Consider Gold-Backed Cryptocurrency  CoinDeskRussia's central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report. Elvira Nabiullina ...
  
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• Russian Central Bank to Consider Gold-Backed Cryptocurrency

  23-05-2019 16:30
  The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
  
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• Ampleforth (AMPL) to Conduct First IEO on BitFinex and Ethfinex’s Blockchain Project Launch Platform, Tokinex, in June

  23-05-2019 16:22
  SAN FRANCISCO — MAY 23 2019 — Ampleforth, expected ticker symbol AMPL, announced today it will be the first initial exchange offering to be conducted on Bitfinex & Ethfinex’s token project launch platform, Tokinex. Ampleforth’s whitepaper, co-authored by Manuel Ricon Cruz, a researcher at the Hoover Institute, introduces the Ampleforth protocol. Further context for understanding the implications of AMPL as a new type of synthetic commodity and economic theory is provi
  
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• European Authorities Shut Down Cryptocurrency Mixing Service - OCCRP

  23-05-2019 16:15
  European Authorities Shut Down Cryptocurrency Mixing Service  OCCRPDutch and Luxembourg authorities,in collaboration with Europol, have shut down one of the best cryptocurrency mixing services in the world, Europol ...
  
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• Guess what? Reviews on cryptocurrency exchange are useful again! - ZyCrypto

  23-05-2019 16:01
  Guess what? Reviews on cryptocurrency exchange are useful again!  ZyCryptoReviews on cryptocurrency exchanges have gone from being non-existent to being filled with CPM-triggering banners, to now – actually being useful. To being ...
  
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• Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements

  23-05-2019 16:00 via cointelegraph.com
  Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries
  
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• Draper Associates Lead $4 Million Series A Investment Round in Unstoppable Domains

  23-05-2019 15:56 via feedproxy.google.com
  
  Unstoppable Domains, a software company who are building domains on blockchains, today announced that they have raised $4 million in a series A led by Draper Associates. The company is building tools that allow their users to build censorship resistant domains which make takedown requests impossible. Tim Draper, managing partner of Draper Associates explained what […]
  The post Draper Associates Lead $4 Million Series A Investment Round in Unstoppable Domains appeared first on Coinjournal.
  
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