Cryptocurrency news

• Litecoin Metrics & Price Are Strengthening but Is It Too Much, Too Fast?

  27-05-2019 23:50
  By CCN: As the bitcoin price barrels toward $9,000, the cryptocurrency community is riding high. Litecoin Creator Charlie Lee is among them, retweeting a meme from 2017 when the bitcoin price was nearing the $9K level for the first time ever. Now that bitcoin’s seemingly on its way back and beyond, other cryptocurrencies are also enjoying a bull run – including Lee’s Litecoin. LTC has added nearly 13% in the last 24 hours alone, bolstering the per-coin price to $115 on trading
  
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• Crypto is Here to Stay? Microsoft Adds Bitcoin Symbol to its Excel Program

  27-05-2019 23:00 via newsbtc.com
  The Bitcoin symbol appears to have been added to Microsoft Excel. Users of the spreadsheet creation software will soon be able to include the Bitcoin symbol as a currency when recording financial data.
  The move is the latest sign from the giant tech firm that Bitcoin is more than just a passing fad. Interestingly, no other crypto assets appear to have been included as part of the update.
  Will Microsoft’s Latest Excel Update Feature Bitcoin Currency Support?
  According to Reddit user “
  
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• Crypto Analyst: Litecoin is a “No Brainer”

  27-05-2019 23:00 via newsbtc.com
  This past week, Litecoin helped lead another crypto rally and help carry Bitcoin and the rest of the market higher. The silver to Bitcoin’s digital gold, Litecoin is expected to be among the highest performing crypto assets in the coming months as investors accumulate ahead of the halving.
  However, one particular crypto analyst is so confident in Litecoin, he calls his position a “no brainer.”
  Plenty of Reasons to Be Bullish on Litecoin Beyond Halving
  As Bitcoin continues its p
  
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• Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

  27-05-2019 22:37 via cointelegraph.com
  Until recently, WalletGenerator.net ran on code that differed from its GitHub “copy,” issuing multiple copies of private keys deterministically
  
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• Gram dApp Devs Reveal Details of Telegram’s Secretive Blockchain

  27-05-2019 22:30
  By CCN: Button Wallet is slated to be one of the first decentralized applications to launch on Telegram’s new blockchain, Telegram Open Network (TON). The secretive project recently opened to beta development, and Button published a blog post detailing how it works currently. https://t.co/6ATLfLAKq5 @telegram #ton #blockchain — BUTTON Wallet (@ButtonWallet) May 26, 2019 Telegram Developers Are “Really Good” The blog post, in part, compliments the TON development team: &ld
  
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• Bitcoin Sets New All-Time High In Addresses Holding at Least 0.1 BTC

  27-05-2019 22:00 via newsbtc.com
  In recent weeks, Bitcoin and other cryptocurrencies have begun to show life once again,. The bear market is in the rear view mirror now that a bottom has been confirmed. Bitcoin alone has nearly tripled in value in under is six months and is flirting with prices that haven’t been seen in well over a year, due to investors fearing they won’t ever get a chance to buy BTC at prices this low (or lower) ever again.
  With FOMO and bullish sentiment back across the crypto market, talk of new
  
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• European Bank Official Discusses Potential Benefits of Central Bank Digital Currency

  27-05-2019 21:34 via cointelegraph.com
  A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 27

  27-05-2019 21:19 via cointelegraph.com
  Where are major coins heading with this recent rally? Let’s consult the charts
  
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• Bitcoin Has Obliterated the Top Dow, Nasdaq, & S&P 500 Stocks in 2019

  27-05-2019 21:15
  By CCN: Gaining an eye-popping 135%, bitcoin has smoked even the most impressive U.S. stocks this year. Even if you take the top performers from the Dow Jones Industrial Average, S&P 500, and Nasdaq – which are Cisco Systems (CSCO), Xerox (XRX), and Beyond Meat (BYND), respectively – they can’t touch BTC/USD for returns. Here are the charts to prove it. Dow’s Best Stock Can’t Touch Bitcoin in 2019 Cisco Systems has benefitted from a restructuring spearheaded by
  
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• Binance Sees ‘All-Time Traffic High’ Amid Bitcoin Boom, A Sign Of Returning Interest?

  27-05-2019 21:00 via newsbtc.com
  The crypto market has experienced a zany past 24 hours. Bitcoin (BTC) popped up by 8%, as per CoinMarketCap, and most other digital assets posted strong gains. With this recent move, “cryptocurrency” has graced mainstream media headlines and money has begun to flood back into this space.
  Related Reading: Analysts Foresee Bitcoin Surging to $10,000 Without a Pullback as it Hits $8,947
  What’s more, Binance, one of the largest digital asset exchanges, purportedly (according to chi
  
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• Bitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election Risks

  27-05-2019 20:19 via cointelegraph.com
  Bitcoin prices versus the Argentine peso have hit an all-time high, as major investors are concerned about the pesos future should a populist candidate carry the elections
  
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• Tim Draper Defends ‘Extraordinary People’ Elon Musk & Satoshi Nakamoto

  27-05-2019 20:15
  By CCN: Billionaires in Silicon Valley want Wall Street to stop picking on Elon Musk. The Tesla CEO has done more for innovation than most, and putting him down will only discourage other entrepreneurs from taking risks the way Elon did. Venture capitalist Tim Draper, who is also a member of the billionaire’s club, was featured on BNN Bloomberg where he defended the space travel genius and put him in the same camp as bitcoin creator Satoshi Nakamoto. “I’ve noticed something hap
  
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• Bitcoin Market Efficient But Small, BTC Bulls Aiming At $10,000

  27-05-2019 20:00 via newsbtc.com
  Bitcoin adds 10.7 percent in 24 hours
  Bitwise says Bitcoin spot and arbitrage markets more efficientFor the first time this year, Bitcoin is trading above $8,500 as bulls take charge. In line with prevailing sentiment and candlestick arrangement, it is likely that BTC will rally towards the psychological $10,000 mark.
  Bitcoin Price Analysis
  Fundamentals
  There is excitement around Bitcoin and crypto market in general. Often, the former does drag or lift the latter. At the moment, the spike in pr
  
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• Dow Slump Inevitable in Dreading a Bitterly Long US-China Trade War

  27-05-2019 19:35
  By CCN: Following the imposition of additional tariffs by the U.S. and China, the Dow Jones has declined slightly from 26,592 points to 25,585 points, by less than 4 percent in the past month. Dow Jones has performed well but that’s an illusion: local analyst The Dow Jones and the rest of the U.S. equities market have performed quite strongly in recent weeks considering the intensifying dispute between the U.S. and China caused by the fallout of the latest round of trade talks. In the past
  
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• China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft

  27-05-2019 19:15
  By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft. A federal court in the Hebei Province of China made the decision pursuant to a lawsuit filed by the Tangshan Power Supply Company, Chinese media reported. Specifically, Tang was charged with stealing about $1,300 worth of electricity while mining bitcoin between January and October 2018.
  
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• Researcher Discovers Serious Vulnerability in Paper Crypto Wallet Site

  27-05-2019 19:00
  If you have cryptocurrency in a paper wallet from WalletGenerator.net you'd best pull it off.
  
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• 70 Days to Litecoin Halving but LTC is Soaring, at New 2019 Highs

  27-05-2019 19:00 via newsbtc.com
  Litecoin add 16.5 percent in 24 hours
  August halving may be the reason behind price expansionIn the top 10, Litecoin is one of the top performers, surging 16.5 percent at the time of writing. Even so, we expect more gains in days ahead of August halving.
  Litecoin Price Analysis
  Fundamentals
  After a brutal 2018, Litecoin prices are once again, rallying. It’s pure bliss for traders as well as investors who had to persevere the biting “crypto winter.” At the time of writing, Lite
  
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• Elon Musk’s Satellite Army Could Solve Multiplayer Gaming’s Biggest Problem

  27-05-2019 18:55
  By CCN: Elon Musk’s SpaceX launched 60 Starlink satellites a few days ago as part of an ambitious project providing global access to a supercharged internet that will potentially solve online gaming’s largest issue. Supercharged internet by 2027 Elon Musk plans to launch a total of 12,000 interlinked satellites as part of SpaceX’s satellite army to orbit around Earth. Elon Musk’s SpaceX is Supercharging Your WiFi With Thousands of Low-Orbit ‘Starlink’ Satellit
  
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• What is John McAfee's cryptocurrency net worth? It's not what you expect... - Chepicap

  27-05-2019 18:23
  What is John McAfee's cryptocurrency net worth? It's not what you expect...  ChepicapOften times whenever you google someone famous - even just a little bit famous- the first thing Google automatically suggests is their net worth. People's ...
  
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• Bitcoin Price Skyrockets to All-Time High in Argentina, Dwarfing 2017 Rally

  27-05-2019 18:08
  By CCN: The bitcoin price surged overnight within touching distance of $9,000, carving out a new 2019 high. In just minutes, the bitcoin market cap pushed beyond $150 billion for the first time since May 11th, 2018. But Monday’s price explosion is even more impressive in Argentina. As CCN reported earlier this month, BTC blew past its all-time high against the Argentine peso in the latest rally. As hyper-inflation devalues the Latin American currency, bitcoin is now in uncharted territory.
  
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• Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

  27-05-2019 18:04 via cointelegraph.com
  The Reserve Bank of Malawi said that crypto is not legal tender in the country, while the bank is against crypto-related activities
  
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• 0x Teams With StarkWare to Bring Speed to Decentralized Exchanges

  27-05-2019 18:00
  Decentralized exchanges that rely on ethereum could get a huge scalability boost, thanks to a new offering from StarkWare and 0x.
  
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• Analysts Foresee Bitcoin Surging to $10,000 Without a Pullback as it Hits $8,947

  27-05-2019 17:55 via newsbtc.com
  The bitcoin price jumped on Monday, almost retesting the $9,000-level for the first time since May 2018 in what seemed like a clear bull run.
  The world’s leading cryptocurrency climbed as much as 13.5 percent, measured from levels on Sunday noon, and was trading at $8947.88 as of 0100 UTC today on US-based Coinbase exchange. The jump brought bitcoin’s maximum year-to-date gains to 142.40 percent, attesting to the end of 2018’s infamous bearish phase that wiped more than 70 perc
  
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• Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform

  27-05-2019 17:39 via cointelegraph.com
  EY is providing its proprietary blockchain solution for a new platform that helps consumers in Asia determine the quality, provenance, and authenticity of imported wines
  
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• Golden Crossover: XRP Heads for Bullish Chart Pattern as Price Climbs 27%

  27-05-2019 17:30
  XRP is teasing a long-term bullish reversal, with 27% gains and a bullish golden cross pattern likely to occur next week.
  
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• Vroom! F1 Racing Game Offers First Crypto Collectable

  27-05-2019 17:10
  F1 Delta Time, a blockchain-based racing game, is offering its first crypto collectable – a unique racecar called 1-1-1.
  
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• Dow Futures Wobbles Under Economic Data Scrutiny on Memorial Day

  27-05-2019 17:04
  By CCN: The Dow and U.S. stock market could see significant action this week as a fresh wave of economic data make their way through the financial markets. Critically, these data releases will help investors determine the latest impact of the U.S.-China trade war on the domestic economy. Dow Futures Wobble U.S. stock futures drifted between slight gains and losses in a session marked by thin trading volumes due to the Memorial Day holiday. As of 9:07 a.m. ET, the Dow Jones futures contract
  
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• YouHodler: First Lending Platform Allows to Buy, Sell and Convert Crypto

  27-05-2019 16:42
  We’re enjoying yet another great week in the crypto industry. Perhaps it’s time to buy more crypto before the market really starts heating up. Fortunately, YouHodler has a simple and efficient tool for that task, along with many others introduced lately. So take a break from watching your portfolio rise for just a few minutes and find out all they have to offer. BUYING CRYPTO ON YOUHODLER IS EASIER THAN AN EXCHANGE For many of you, buying cryptocurrency on an exchange is simple. But
  
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• What the Venezuelan crisis teaches us about cryptocurrency privacy - CryptoSlate

  27-05-2019 16:42
  What the Venezuelan crisis teaches us about cryptocurrency privacy  CryptoSlateAmidst hyperinflation, a leadership crisis, and international interference, Venezuela's crisis has come to represent the failings of modern finance and highlights ...
  
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• A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000

  27-05-2019 16:27
  By CCN: On May 27, the bitcoin price surged from $8,000 to $8,939 on major exchanges such as Bitstamp and Coinbase, achieving a new high for 2019. Key catalysts behind the abrupt increase in the bitcoin price within a short time frame remain unclear; some have suggested the overall improvement in sentiment around the crypto market and an increase in demand from retail investors. One of the main factors supporting the 11 percent rally of bitcoin may have been the liquidation of hundreds of millio
  
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• Yahoo Japan-Backed Crypto Exchange Taotao Launches This Week

  27-05-2019 16:20
  A new crypto exchange platform in which Yahoo Japan owns a major stake is about to launch after over a year in development.
  
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• Elon Musk Is Going to Mars, but Donald Trump Might Beat Him to It

  27-05-2019 16:18
  By CCN: Elon Musk’s space ambitions are no secret. The eccentric boss of Tesla and Space X aims to land a spacecraft on the moon and begin setting up a Mars colony within the next decade. But he faces tough competition… from the president of the United States. Donald Trump doubled down on his own space vision this weekend during a state visit to Japan. Speaking at a press conference with Japanese prime minister Shinzo Abe, he said: “We’ll be going to the moon. We’l
  
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• China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place

  27-05-2019 16:09 via cointelegraph.com
  China updated its cryptocurrency rankings on May 23, with EOS retaining the top spot and Bitcoin moving up three places
  
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• Is Cryptocurrency a Safe Bet? - FinSMEs

  27-05-2019 16:07
  Is Cryptocurrency a Safe Bet?  FinSMEsFacebook's Upcoming 'Cryptocurrency' Has Nothing To Do With Bitcoin  ForbesThe promise of Facebook's new cryptocurrency, GlobalCoin  AxiosFacebook Cryptocurrency 'GlobalCoin' Expected To Launch In 2020  International Business TimesFacebook to Launch Cryptocurrency Globalcoin: 10 Interesting Things You Should Know About it  News18View full coverage on Google News
  
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• Only 10 out of 85 cryptocurrency exchanges do not lie about their trading volumes - Bitwise - FXStreet

  27-05-2019 16:06
  Only 10 out of 85 cryptocurrency exchanges do not lie about their trading volumes - Bitwise  FXStreetBitwise Asset Management filed a report with the US Securities and Exchange Commission (SEC). The company researched 83 cryptocurrency exchanges, ...
  
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• Consensys Launches ETH Blockchain, DApp Developer Job Kit to Help Hopefuls Enter Market

  27-05-2019 16:02 via cointelegraph.com
  New York-based blockchain firm ConsenSys has released a new Blockchain and Dapp Developer Job Kit to help aspiring Ethereum blockchain developers enter the market
  
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• Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

  27-05-2019 15:52 via cointelegraph.com
  Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
  
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• Is the Declining Global Economy Growth Fueling the Stunning Rally of Bitcoin?

  27-05-2019 15:34 via newsbtc.com
  In a continuation of form, Bitcoin has managed to break key resistance levels at $8,500 and $8,800. And with each passing day, signs the crypto market is entering a new bullish phase become increasingly compelling. But, at the same time, talk of an incoming recession is getting louder and louder. That being so, some are wondering whether Bitcoin and cryptocurrency will have an opportunity to usurp legacy systems.
  US Economic Indicators Look Bleak
  Key economic indicators point to a slowdown in th
  
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• Want to Know Your Wine Is Genuine? EY Has Built a Blockchain for That

  27-05-2019 15:30
  “Big Four” firm EY has built a blockchain platform for a firm that will help consumers determine wines' quality, provenance and authenticity.
  
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• Cryptocurrency market update: Bitcoin is ready to resume growth - FXStreet

  27-05-2019 15:25
  Cryptocurrency market update: Bitcoin is ready to resume growth  FXStreetThe cryptocurrency market has entered a range-bound phase consolidating exiting gains of the weekend. While Bitcoin and the majority of top-20 altcoin.
  
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• Memorial Day Shuts Stock Markets but You Can Still Trade Bitcoin

  27-05-2019 15:13
  By CCN: US stock markets shut their doors on Monday 27 to observe Memorial Day, in honor of the men and women who lost their lives serving their country. Traders will take a much-needed breather as the Dow Jones Industrial Average careens towards the longest weekly losing streak in eight years. Thus far in May, the Dow has shed over 1,000 points (3.9 percent). Which stocks markets are closed on Memorial Day? The New York Stock Exchange (NYSE) and the Nasdaq are both shut for Memorial Day. The Do
  
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• Bitcoin Jumps Toward $9,000 in Best-Performing Month Since 2017 - Yahoo Finance

  27-05-2019 15:13
  Bitcoin Jumps Toward $9,000 in Best-Performing Month Since 2017  Yahoo Finance(Bloomberg) -- Bitcoin jumped as much as 10% on Monday to almost breach $9,000 as it extended the best one-month rally since before the token's historic ...
  
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• Crypto Pioneer David Chaum: Pseudonymous Messaging With Integrated Payments Is Blockchain’s Killer App

  27-05-2019 15:10 via cointelegraph.com
  E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments
  
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• Crypto Bull Max Keiser: EU Elections Chaos is Pumping Bitcoin Price Rally

  27-05-2019 14:56
  By CCN: Bitcoin bull Max Keiser has suggested that the rally which has seen Bitcoin hit another high for 2019 was likely caused by the likelihood of political chaos following the European Union parliamentary elections. The elections were held over the weekend. In a tweet, Keiser suggested that bitcoin had assumed a safe haven role, becoming the go-to asset when risk rises. This is a role that has traditionally been played by gold and to some extent the Japanese yen. #Bitcoin rallies to 2019 high
  
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• Someone Acquired 10 million XRP After Price hit $0.4 - Today's Gazette

  27-05-2019 14:49
  Someone Acquired 10 million XRP After Price hit $0.4  Today's GazetteAn unknown Ripple's XRP whale has acquired 10 million XRP ($4.1 Million) few hours after the price of the digital currency reached $0.413.
  
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• Cryptopia Files for Bankruptcy Protection in the US

  27-05-2019 14:39
  The exchange was hacked earlier this year and lost an estimated amount of at least $16 million.
  
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• App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

  27-05-2019 14:29 via cointelegraph.com
  An app that claims to give users the chance to earn $45 a day in free bitcoin is a scam, a security researcher has warned
  
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• Facebook's Upcoming 'Cryptocurrency' Has Nothing To Do With Bitcoin - Forbes

  27-05-2019 14:05
  Facebook's Upcoming 'Cryptocurrency' Has Nothing To Do With Bitcoin  ForbesFacebook's "cryptocurrency" offering will likely be a watered down version of the utility offered by bitcoin.
  
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• Netcoins Enters Into Definitive Agreement to Sell Netcoins Inc. Cryptocurrency Operations to BIG Blockchain Intelligence Group Inc. - GlobeNewswire

  27-05-2019 14:00
  Netcoins Enters Into Definitive Agreement to Sell Netcoins Inc. Cryptocurrency Operations to BIG Blockchain Intelligence Group Inc.  GlobeNewswireVANCOUVER, British Columbia, May 27, 2019 (GLOBE NEWSWIRE) -- Netcoins Holdings Inc. (the “Company” or “Netcoins Holdings”) (CSE: NETC), ...
  
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• ConsenSys Launches ‘Jobs Kit’ to Help Devs Enter the Blockchain Industry

  27-05-2019 14:00
  Ethereum development studio ConsenSys has launched a blockchain “job kit” to guide developers wishing to enter the growing blockchain space.
  
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