Cryptocurrency news

• World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

  24-05-2019 23:20 via cointelegraph.com
  Watch manufacturer Vacheron Constantin will deploy blockchain technology to track its timepieces
  
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• Bitcoin Cash Miners Undo Attacker’s Transactions With ‘51% Attack’

  24-05-2019 23:17
  Two mining pools recently carried out a 51 percent attack on the bitcoin cash blockchain.
  
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• No, Forbes, Facebook’s Newly Detailed Not-So-Crypto is No Rival for Bitcoin

  24-05-2019 23:00 via newsbtc.com
  The launch of a crypto-like-currency by social media giant Facebook has been the topic of many discussions in the Bitcoin and digital asset space recently. However, little was known about it outside of the company developing a mysterious blockchain department and rumours about a WhatsApp-based digital coin being launched by the firm.
  According to a report published today by Forbes more details of the project have emerged. Nothing is particularly exciting about today’s revelations but we re
  
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• SpaceX Attracts $1 Billion to Its Coffers amid Flawless Satellite Launches

  24-05-2019 22:35
  By CCN: Tesla might be in trouble, but Elon Musk’s SpaceX venture is defying all odds. A CNBC report states that the company has managed to raise more than $1 billion in additional funding year-to-date. The development coincides with 60 satellites SpaceX launched on May 23, which are designed to bring more affordable internet to users everywhere. In all, SpaceX plans to launch a total of roughly 12,000 satellites into the final frontier. Starlink will connect the globe with reliable and af
  
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• Swiss Telecom Company Is Bringing Crypto Collectables to TV

  24-05-2019 22:30
  Now Swiss TV watchers can own a unique piece of digital art.
  
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• Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI

  24-05-2019 22:11 via cointelegraph.com
  Opposition politicians have asked the Luxembourg government to share details regarding its e-government plan with AI and blockchain tech
  
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• ‘Bitcoin Bernie’: Mike Novogratz Calls for Radical Weath Redistribution

  24-05-2019 22:07
  By CCN: These days, billionaire hedge fund titan Mike Novogratz is known more for his rabid Bitcoin pumping than his Wall Street wizardry. However, in a new CNBC interview, he channeled his inner Bernie Sanders to champion another of his passions: wealth redistribution. Novogratz, Bernie, & AOC Find Surprising Common Ground During an appearance on Squawk Box today, Novogratz commented on America’s income equality gap and declared that we need a “redistribution of wealth.” T
  
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• Can Litecoin Halving Spark Crypto Alt Season and Boost Bitcoin Price Higher?

  24-05-2019 22:00 via newsbtc.com
  Each halving in Bitcoin is typically front run by a bull cycle, where the price of the leading cryptocurrency by market cap experiences rapid volume expansion and price mark up. The digital silver to Bitcoin’s digital gold, Litecoin, also experiences such a phenomenon ahead of its halving – an event scheduled at regular intervals that reduces the block reward miners receive for validating the network.
  With Litecoin’s halving in less than 70 days away, the market is watching the
  
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• Avoid These 3 High-Risk Cannabis Stocks Like the Plague

  24-05-2019 21:41
  By CCN: Cannabis stocks are all the rage following last year’s explosion in the sector. With legalization gaining steam in both the U.S. and Canada, investors are piling into these companies as if they are going to be the next great money-making scheme. The problem is most of these stocks aren’t worth real green. They are only worth what the market says they are worth, and that value is going to decline for almost all of them. Only a few may be worth looking at. These three cann
  
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• Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities

  24-05-2019 21:15 via cointelegraph.com
  The U.S. State of Montana recognized utility tokens and exempted them from state securities by passing a new bill
  
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• Dow Rebounds But Fails to Snap Streak of Brutal Weekly Losses

  24-05-2019 21:13
  By CCN: The Dow and broader U.S. stock market rallied on Friday, as investors shrugged off dismal factory data amid hopes that the Trump administration would ease restrictions on Huawei, China’s largest telecommunications company. Dow Clings to Friday Recovery All of Wall Street’s major indexes headed for gains in the final session of the week, bouncing back from a brutal Thursday session that saw the Dow drop as much as 448 points. On Friday, the Dow Jones Industrial Average climbed
  
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• Blockchain Browser Brave Tests Crypto Tips for Twitter Users

  24-05-2019 21:06 via cointelegraph.com
  Blockchain browser Brave is testing tweet tipping on its development version, Brave Nightly
  
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• This Week in Cryptocurrency: May 24th, 2019 - CoinCentral

  24-05-2019 20:45 via coincentral.com
  This Week in Cryptocurrency: May 24th, 2019  CoinCentralThis week marks another hearty notch in the continued uptick in cryptocurrency markets, and boy, is it more fun to write about cryptocurrency market gains rather ...
  
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• Bitcoin Data Giant CoinMarketCap Sponsors Major Israeli Football Club

  24-05-2019 20:45
  By CCN: Crypto price-tracking website CoinMarketCap is sponsoring the Beitar Jerusalem Football Club, an Israeli soccer team. And Israel’s most famous footballer, Yossi Benayoun, is a bitcoin investor. Benayoun retired from Beitar Jerusalem last month. Beitar Jerusalem Scores CoinMarketCap Sponsorship Luke Wagman, the CEO of CoinMarketCap, proudly touted the news on Twitter. A giddy Wagman even suggested that CoinMarketCap’s sporty new uniforms brought Beitar Jerusalem some good luck
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

  24-05-2019 20:40 via cointelegraph.com
  If Bitcoin remains steady, which altcoins are likely to move up? Let’s take a look at the charts
  
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• This FANG Stock Could Benefit from Tesla’s Pain in Autonomous Car Wars

  24-05-2019 20:14
  By CCN: Now that the battery on Tesla’s stock is running on empty, investors might want to consider other options. Alphabet (GOOGL), which is the parent company of Google, could get a boost from Waymo, the search giant’s autonomous vehicle subsidiary. On CNBC’s Fast Money, Guy Adami gave the bullish case for Alphabet’s stock, saying: “Tesla’s woes, Waymo’s gains. Tesla’s in the autonomous industry. You know what? Maybe they’re not as close as
  
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• Basic Attention Token [BAT] gets Bitpanda boost as cryptocurrency rides development train - AMBCrypto News

  24-05-2019 20:04 via ambcrypto.com
  Basic Attention Token [BAT] gets Bitpanda boost as cryptocurrency rides development train  AMBCrypto NewsThe addition of cryptocurrencies on exchanges has been seen as a mark of adoption in the industry and the latest update regarding Basic Attention Token [BAT] ...
  
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• Basic Attention Token [BAT] gets Bitpanda boost as cryptocurrency rides development train - AMBCrypto

  24-05-2019 20:04 via ambcrypto.com
  Basic Attention Token [BAT] gets Bitpanda boost as cryptocurrency rides development train  AMBCryptoThe addition of cryptocurrencies on exchanges has been seen as a mark of adoption in the industry and the latest update regarding Basic Attention Token [BAT] ...
  
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• WaykiChain CEO Godon Gao: Blockchain Future Spotlights: Win-Win-Win Business Model

  24-05-2019 20:02
  Rewind to late 2018. The space was seen as a haven for bad actors. Despite it all, some of the projects not only survived but thrived achieving even a bit more than anyone could have ever believed. WaykiChain CEO Godon Gao: Filter the Noise and Stay Ahead of the Pack Strategy varies to cope the market. Back then, we’ve changed our strategy to filter the noise: focusing on our internal foundation. The warning rough time is actually the best season to polish our sword. It’s the time we
  
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• Ripple Prices Ranging, Will Siam Commercial Bank Leverage XRP?

  24-05-2019 20:00 via newsbtc.com
  XRP up 3.2 percent. 
  Thailand’s oldest bank, Siam Commercial Bank (SCB), to pioneer Ripple’s Multi-hop.Siam Commercial Bank (SCB) will pioneer Ripple’s Multi-hop feature, although the public will wait for further announcement on whether the bank will utilize XRP in their future transactions. Meanwhile, XRP is ranging, adding 3.2 percent from May 23rd close.
  Ripple Price Analysis
  Fundamentals
  For any cryptocurrency project to be successful, it must partner with companies,
  
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• Tesla Slashes Toilet Paper Usage as Stock Swirls in Crapper

  24-05-2019 19:57
  By CCN: Tesla’s extreme cost-cutting measures have hit Tesla employees where the sun don’t shine. To keep costs low the electric vehicle company is holding back on purchases of new office supplies, including toilet paper for employee bathrooms. Elon Musk did mention this week that the budget cuts would be “quite hardcore.” Tesla Employees Bring Their Own Toilet Paper to Cut Costs Elon Musk wasn’t joking. Sources told Electrek that several facilities have drastically
  
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• Staking Claim on Bitcoin — Does Craig Wright’s Copyright Filing Hold Legal Merit?

  24-05-2019 19:50 via cointelegraph.com
  Does Craig Wright’s copyright claim prove he is Satoshi or is it legally useless?
  
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• Lightning App for Sending Bitcoin Tips on Twitter Is Now Easier to Use

  24-05-2019 19:20
  An app that lets you send lightning tips via Twitter just got a 1.0 software release with a set of new features.
  
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• Crypto Derivatives Platform Vows to Tackle Socialized Losses Seen on Other Exchanges

  24-05-2019 19:15 via cointelegraph.com
  A crypto derivatives exchange says it offers competitive advantages over rivals thanks to its partnerships with established industry players. #SPONSORED
  
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• Boeing Drags Dow Jones Higher as 737 Rumor Boosts Stock

  24-05-2019 19:01
  By CCN: Boeing stock rallied on Friday, helping the Dow Jones salvage its floundering recovery following a report that the 737 MAX could fly again as soon as next month. Boeing Stock Rises on 737 MAX Rumor Boeing shares rose more than 2 percent in pre-market trading, though by the early afternoon they had given up some of those gains. Shortly before 1 pm ET, shares had jumped 1.6 percent to $356.12. Boeing’s strong showing buoyed the Dow Jones Industrial Average, which surged as high as 25
  
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• Bitcoin Ceiling at $8,500, But AT&T’s Stamp of Approval Is Bullish

  24-05-2019 19:00 via newsbtc.com
  Bitcoin capped at $8,500
  AT&T now accepts Bitcoin, partners with BitpayAn observer is of the view that the next Bitcoin will not be “Bitcoin” or even a cryptocurrency. If that is correct, it may explain investors’ renewed optimism now that Wall Street is increasingly accepting, interpreting positives from the world’s most valuable asset.
  Bitcoin Price Analysis
  Fundamentals
  Behind Bitcoin is a robust code base. A platform of the people with one express purpose: disrup
  
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• Bitcoin Ceiling at $8,500 But AT&T is a Stamp of Approval

  24-05-2019 19:00 via newsbtc.com
  Bitcoin capped at $8,500
  AT &T now accepts Bitcoin, partners with BitpayAn observer is of the view that the next Bitcoin will not be “Bitcoin” or even a cryptocurrency. If that is correct, it may explain investors’ renewed optimism now that Wall Street is increasingly accepting, interpreting positives from the world’s most valuable asset.
  Bitcoin Price Analysis
  Fundamentals
  Behind Bitcoin is a robust platform. A platform of the people with one express purpose: disrup
  
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• Binance, in One-Two Punch to Rival Exchanges, Readies Margin Trading

  24-05-2019 19:00
  By CCN: Cryptocurrency exchange Binance has given followers a peek into its margin trading screen, and its native cryptocurrency BNB surged as much as 10% in response. Speculation about Binance’s expansion into margin trading has been swirling for a while. True to the company’s style, they took to Twitter to reveal a screenshot of the upcoming margin trading user interface, posing the question to followers: “Dark mode or Light mode?” According to a report in TechCrunch, t
  
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• Facebook to launch its own cryptocurrency in 2020 - Mashable

  24-05-2019 18:57 via mashable.com
  Facebook to launch its own cryptocurrency in 2020  MashableFacebook plans on launching the cryptocurrency, termed “GlobalCoin,” in a dozen countries by the first quarter of 2020, BBC reports. Next UpShows ...
  
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• SEC Sues Alleged Cryptocurrency Pyramid Scheme Operator - CFO Magazine

  24-05-2019 18:29 via cfo.com
  SEC Sues Alleged Cryptocurrency Pyramid Scheme Operator  CFO MagazineDaniel Pacheco raised more than $26 million by selling e-commerce instructional packages to investors and used a point system to motivate them.
  
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• 3 Crypto Charts That Prove Bitcoin Is About to Bleed Market Share

  24-05-2019 17:53
  By CCN: “Alt season” is one of the most profitable phases of the cryptocurrency market cycle. It is a period when all altcoins – from large-cap to small-cap – go through exponential growth, often at the expense of bitcoin. We experienced this phenomenon early this year, until bitcoin’s parabolic rise over the last few weeks shattered many altcoins to the point of capitulation. With many large-cap coins suffering tremendous losses, it is easy to assume that altcoins
  
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• Buffett’s Amazon Stock Hoard Will Be Worth $1.4 Billion in 24 Months

  24-05-2019 17:42
  By CCN: In a shockingly-bullish call, Piper Jaffray predicts that Amazon stock will surge to $3,000 in as little as two years. That means Warren Buffett and Berkshire Hathaway’s recent $900 million AMZN acquisition could be worth $1.44 billion in 2021. According to Piper analyst Michael Olson, this is a conservative projection of Amazon’s stock price into the future. He says this stunning 65% price rally will be easily attainable on the momentum of Amazon’s current operations:
  
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• You can now pay your AT&T bills using cryptocurrency - The Verge

  24-05-2019 17:38 via theverge.com
  You can now pay your AT&T bills using cryptocurrency  The VergeYou can now pay your AT&T bill using cryptocurrency thanks to a partnership between the mobile operator and the BitPay payment *service*. AT&T's ...
  
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• 5 bite-size Bitcoin factoids to beef up your cryptocurrency knowledge - The Next Web

  24-05-2019 17:30 via thenextweb.com
  5 bite-size Bitcoin factoids to beef up your cryptocurrency knowledge  The Next WebThe cryptocurrency is a technological feat and while its inner workings are often difficult to understand, there are a few interesting facts you should know.
  
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• Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

  24-05-2019 17:26 via cointelegraph.com
  Facebook has reportedly held talks with major exchanges including Coinbase and the Winklewoss’ Gemini to issue its Globalcoin
  
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• Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems

  24-05-2019 17:14 via cointelegraph.com
  Russian state-owned holding conglomerate Rostec has proposed a $1.3 billion-worth plan to apply blockchain in all the state data systems
  
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• Circle Warns US Cryptocurrency Laws are 'Chilling Innovation' - Bitcoinist

  24-05-2019 17:07 via bitcoinist.com
  Circle Warns US Cryptocurrency Laws are 'Chilling Innovation'  BitcoinistGoldman Sachs-backed Circle says lack of clarity from U.S. regulators about virtual currencies is hurting the country's cryptocurrency scene.
  
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• Galaxy Digital Founder Michael Novogratz: One of the Social Media Cryptos Will Succeed

  24-05-2019 17:04 via cointelegraph.com
  One of the crypto assets created by social media giants will succeed, according to founder and CEO of cryptocurrency merchant bank Galaxy Digital Michael Novogratz
  
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• Bitcoin Epically Rescues this Bubble Portfolio’s Tesla Stock Crash

  24-05-2019 16:48
  By CCN: A hypothetical exchange-traded fund composed of assets deemed as overvalued by the media such as Bitcoin and some tech stocks has so far this year posted a return of 17 percent, MarketWatch reports. Currently, the bubble portfolio consists of among others Bitcoin, Argentina’s century bond and tech stocks such as Netflix, Tencent and Tesla. The bubble portfolio was the brainchild of Bloomberg editor, Joe Weisenthal. Paul McNamara, an investment director at asset management firm GAM
  
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• Montana Passes Bill to Exempt Utility Tokens From Securities Laws

  24-05-2019 16:30
  "Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws.
  
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• Binance to Launch Margin Trading “Soon”

  24-05-2019 15:49
  The exchange 'accidentally' revealed the news in a Twitter post early on Friday morning
  
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• Robinhood Uses BitLicense, Brings Zero-Fee Crypto Trading to New York

  24-05-2019 15:48
  By CCN: Robinhood has brought its popular commission-free crypto trading app to New York investors. The California-based startup announced Thursday that it is launching bitcoin, ethereum, and other cryptocurrency trading services in New York. The announcement appeared precisely four months after Robinhood received a BitLicense from the New York State Department of Financial Services (NYDFS). Excerpts from the press release: “Currently, you can invest in seven cryptocurrencies on Robinhood
  
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• Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer

  24-05-2019 15:34 via cointelegraph.com
  An on-chain smart contract-based ether mixer has been proposed by Ethereum co-founder Vitalik Buterin
  
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• Dow Creeps Higher After Trump’s Trade War Boast Stuns Markets

  24-05-2019 15:31
  By CCN: The Dow inched higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday morning, only to trim those gai
  
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• Dow Blasts Higher After Trump’s Trade War Boast Stuns Markets

  24-05-2019 15:31
  By CCN: The Dow shot higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday morning. As of 9:23 am ET, Dow Jo
  
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• Brave now lets you tip people on Twitter with cryptocurrency - The Next Web

  24-05-2019 15:11 via thenextweb.com
  Brave now lets you tip people on Twitter with cryptocurrency  The Next WebYou can now tip your favorite Twitter users directly with cryptocurrency with the latest build of the Chromium-based open source browser Brave.
  
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• Samsung Preps Crypto Integration in Samsung Pay Wallet to Millions Globally

  24-05-2019 15:09
  By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class. “Samsung Electronics appears to be moving to integrate cryptocurrencies to Samsung Pay, which accounts for 80 percent of th
  
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• Crypto Exchange Binance Confirms Margin Trading Coming ‘Soon’: Report

  24-05-2019 15:00
  Binance has told TechCrunch it's launching margin trading "soon," after the crypto exchange accidentally revealed the service in a tweeted image.
  
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• Film Producer Raises $100 Million to Launch a Security Token

  24-05-2019 14:38
  The ERC20 token will hit the market in late 2019.
  
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• Corporate Giants Embracing Crypto is Massive Boon For Bitcoin: Researcher

  24-05-2019 14:34 via newsbtc.com
  Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive. This trend continued on Thursday, with a multibillion-dollar telecommunications giant revealing that it would be taking its first foray into cryptocurrency, shocking investors this ecosystem over.
  Related Reading: Bitcoin Currently Consolidating After Dropping Towards $7,700, But a Stron
  
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