Cryptocurrency news

• Blockchain-Enabled Digital Shipping Platform TradeLens Adds New Members

  28-05-2019 23:58 via feedproxy.google.com
  
  Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) have announced on Tuesday that they will be joining TradeLens, a digital shipping platform that uses blockchain to record all shipping data, enabling a more efficient and secure exchange of information and providing greater transparency across the supply chain. In addition to being able […]
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• South Korea’s Bitcoin Trading Volumes on LocalBitcoins Reach New Record Levels

  28-05-2019 23:55 via cointelegraph.com
  Bitcoin trading volumes in South Korea have recorded record highs on P2P exchange LocalBitcoins
  
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• Morgan Stanley Rings Recession Alarm, Ignores Booming Economy

  28-05-2019 23:38
  By CCN: An analyst at vaunted investment bank Morgan Stanley made himself look like the village idiot Monday, saying America’s economic outlook is crumbling toward recession even as the economy booms. The U.S. Economy Is on ‘Recession Watch’ Chief U.S. Equity Strategist Michael Wilson spit out several data points while warning in a report that the U.S. is now on “recession watch.” He stated: “Recent data points suggest U.S. earnings and economic risk is greate
  
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• LA Rams QB Tries to Quit Tobacco – By Buying a $160,000 Tesla?

  28-05-2019 23:37
  By CCN: Elon Musk is laughing all the way to the bank, thanks to Los Angeles Rams backup quarterback Blake Bortles. Bortles signed with the LA Rams during the offseason and was determined to break his habit of using chewing tobacco, also known as “dip.” So he bought a Tesla. The $160,000 Quit Tobacco Method That’s Guaranteed to Fail Blake Bortles bought a $160,000 Tesla to quit dip @PardonMyTake pic.twitter.com/o8xWYFpVMd — Barstool Sports (@barstoolsports) May 27, 2019 T
  
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• TRON Could Be A Major Altcoin Pick For 2019 - Seeking Alpha

  28-05-2019 23:32 via seekingalpha.com
  TRON Could Be A Major Altcoin Pick For 2019  Seeking AlphaTRON's TRX cryptocurrency continues on its mission of being the currency for a decentralized internet and gaming platform. While it has had its share of controv.
  
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• How nonprofit GiveCrypto is using cryptocurrency to help Venezuelans in need - Yahoo Finance

  28-05-2019 23:09 via finance.yahoo.com
  How nonprofit GiveCrypto is using cryptocurrency to help Venezuelans in need  Yahoo FinanceA bitcoin bull says the cryptocurrency is gearing up to blast past $10000 and that could be good news for a crypto charity that's helping Venezuelans. Yahoo ...
  
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• Bitcoin Whales Bought the F**king Dip: Research

  28-05-2019 23:08
  By CCN: When the whales start splashing, you can be sure that a major Bitcoin market move is afoot. New research reveals that these high-rolling crypto investors accumulated a staggering 450,000 BTC over the past nine months, especially as the market careened toward its bear market lows in late 2018. In other words, the whales bought the freaking dip. And now they’re riding the bull market tidal wave all the way to the bank. Diar: Whales Own 1/4 of All BTC – And They’re Buying
  
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• Kin Appeals to Crypto Space for Help with Legal Fees to Fight SEC for Regulatory Clarity

  28-05-2019 23:00 via newsbtc.com
  Kin, the cryptocurrency project launched by the firm behind the messaging application Kik, has asked the crypto asset space for donations to fund a potential legal battle with the US Securities and Exchange Commission. The firm is hoping that such a lawsuit will help to clarify the legal position of many digital currencies that were launched by initial coin offering (ICO).
  Kin has already put up $5 million worth of crypto, comprising of their own tokens, along with Ether and Bitcoin. If the firm
  
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• Modi's Indian election win clears way for cryptocurrency ban - Global Government Forum

  28-05-2019 22:49 via globalgovernmentforum.com
  Modi's Indian election win clears way for cryptocurrency ban  Global Government ForumThe re-election of Indian prime minister Narendra Modi gives his BJP party the parliamentary muscle to push through its agenda – which looks set to include the ...
  
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• Inflamed Trade War Tensions Threaten to Send the Dow Reeling

  28-05-2019 22:30
  By CCN: The Dow Jones has remained relatively stable throughout recent weeks, keeping the 25,500 point level intact amidst rising tension between the U.S. and China. With analysts in both the U.S. and China such as the Center for a New American Security CEO Richard Fontaine and Global Times Chinese and English editions editor-in-chief Hu Xijin foreseeing a long-lasting trade war, the Dow Jones could struggle to maintain its stability in the near-term. Why a deal in short-term is not likely, keep
  
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• Report: Circulation of Facebook’s Crypto Could Face Demographic Challenges

  28-05-2019 22:29 via cointelegraph.com
  Diar’s recent report suggests that Facebook’s rumored payment token Globalcoin will face demographic challenges due to an aging user base
  
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• How To Tell If Your Cryptocurrency Will Go Bust - Forbes

  28-05-2019 22:20 via forbes.com
  How To Tell If Your Cryptocurrency Will Go Bust  ForbesResearchers have modelled what factors lead to cryptocurrency defaults. Here's what they found.
  
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• Car-Racing Crypto Collectable Sells for Over $100,000 In Ether Tokens

  28-05-2019 22:00
  Someone paid over $100,000 worth of wrapped ether for a virtual Formula 1 racer.
  
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• Car-Racing Crypto Collectable Sells For Over $100,000 In ETH

  28-05-2019 22:00
  Someone paid over $100,000 worth of ether for a virtual Formula 1 racer.
  
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• Bitcoin Price Recaptures 50% of All-Time High, But Google Search Remains Stagnant

  28-05-2019 22:00 via newsbtc.com
  In the fourth and final quarter of 2017, Bitcoin price grew rapidly due to increase public awareness and interest, and so did search queries related to the crypto asset as people attempted to get up to speed on the emerging financial technology. But as the crypto hype bubble popped, interest waned significantly and along with it, Google search queries about the first every cryptocurrency plummeted almost as fast at crypto prices did across the market.However, in recent weeks, the bullish sentime
  
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• Russian State Tests Blockchain-Based Application for Public Administration

  28-05-2019 21:58 via cointelegraph.com
  The Russian oblast of Nizhny Novgorod is reportedly testing a blockchain-based application for public administration
  
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• BitMEX Operator Firm Donates to MIT to Conduct Crypto, Bitcoin-Related Research

  28-05-2019 21:38 via cointelegraph.com
  HDR Global Trading Limited, the owner and operator of BitMEX crypto exchange, has made a donation to support research at the Massachusetts Institute of Technology
  
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• South Korea to observe cryptocurrency market following bitcoin price spike - Yahoo Finance

  28-05-2019 21:35 via finance.yahoo.com
  South Korea to observe cryptocurrency market following bitcoin price spike  Yahoo FinanceA South Korean pan-governmental meeting has taken place to discuss the nation's cryptocurrency market as bitcoin prices rise, KBS World Radio writes.
  
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• The S&P 500 is Booming, So Why Is the Stock Market Shrinking?

  28-05-2019 21:27
  By CCN: The S&P 500 is having a blistering run in 2019. As of May 28, the large-cap stock market index is up 13.5 percent and shows minimal signs of slowing down. One equity analyst, however, isn’t buying that the rise is organic. He believes the stock market is shrinking and has actually contracted by 2.3 percent since 2018. Citigroup’s Chief Global Equity Strategist, Robert Buckland, “crunched” the numbers and ultimately blames the decline on share buybacks and merg
  
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• Dubai Government and UAE Bank Unveil Blockchain-Based Mortgage Platform

  28-05-2019 21:22 via cointelegraph.com
  The Dubai Land Department and Mashreq Bank now jointly offer a blockchain-based platform for conducting mortgage sales and maintaining digital records
  
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• Yahoo Japan to Enter the Crypto Trading Fray with Nearing Taotao Launch

  28-05-2019 21:10
  By CCN: Yahoo Japan has tipped its hand to the upcoming launch of Taotao, its cryptocurrency trading platform. YJFX, Yahoo Japan’s foreign exchange (forex) platform, acquired a 40% share in Taotao, which was previously dubbed BitARG, in early 2018. Since making this acquisition, they have moved to set BitARG up as a Yahoo Japan branded subsidiary. The crypto trading platform is licensed by Japan’s FSA. According to a Google translation of the announcement: “Notice of Opening Da
  
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• Velocity Ledger Technology Launches Testnet and Blockchain API in Bermuda

  28-05-2019 21:06 via cointelegraph.com
  Velocity Ledger Technology announced an early access opportunity for users to make apps for issuing, trading, and settling utility tokens with their API and testnet
  
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• Dow Reverses 100-Point Gain as Trade War Ravages iPhone Sales

  28-05-2019 20:56
  By CCN: The Dow and broader U.S. stock market gave back gains Tuesday, as the threat of a trade-war escalation with China prompted Citigroup to slash its iPhone sales projections by half. Shares of Apple Inc. (AAPL) were little changed at the start of the holiday-shortened week, but that could soon change if Chinese residents shift their smartphone preferences. Dow Rally Vanishes; S&P 500, Nasdaq Follow All of Wall Street’s major indexes pivoted lower Tuesday afternoon, which reflected
  
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• Top Coins Are Trading Sideways While Oil Reports Mixed Signals

  28-05-2019 20:47 via cointelegraph.com
  Cryptocurrency markets have been trading sideways, with iota seeing the most notable gains on the day, up around 12%
  
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• Tezos Is About to Enact Its First-Ever On-Chain Blockchain Update

  28-05-2019 20:41
  For the past three months, users of the Tezos blockchain have been voting on a set of two upgrade proposals. Now, the Tezos blockchain is set to activate its first official system-wide upgrade having completed three separate rounds of voting.
  
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• German Regulator Has No Info on ‘Cyber Incidents’ on German Crypto Trading Platforms

  28-05-2019 20:33 via cointelegraph.com
  Germany’s financial watchdog, BaFin, reports it has “no information that cyber incidents have occurred on trading platforms for cryptoassets in Germany”
  
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• Giddy Jeff Bezos Hoards Amazon Billions as Ex’s Fortune Eyes 50% Hit

  28-05-2019 20:14
  By CCN: Amazon boss Jeff Bezos didn’t become world-famous for philanthropy, but he is certainly charitable when showering praise. In a Tuesday tweet, Bezos heaped compliments on ex-wife MacKenzie Bezos for pledging to donate 50 percent of her $37 billion divorce payout to charity. MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her. Her letter is so beautiful. Go get ‘em MacKenzie. https://t.co/S2gLLBQyRQ — Jeff Bezos (@Jeff
  
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• Kin Picks a Fight with the SEC in Hopes of Inspiring a New Howey Test

  28-05-2019 20:10
  By CCN: The Kin Foundation is attempting to take crypto regulation into its own hands. In an interview with Laura Shin on the Unchained podcast, Ted Livingston, founder of the Kin Foundation and Kik CEO, unveiled the Defend Crypto fund, which is designed to “fight the SEC in court.” The fund, which was launched on Coinbase Custody, is already comprised of $5 million, which was contributed by the foundation across bitcoin, ether, and Kin. They are also taking contributions by other &l
  
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• Tron (TRX) Breaks Free From 5-Month Range, Rally To 4 Cents Possible

  28-05-2019 20:00 via newsbtc.com
  TRX flips Bitcoin SV after surging 19.8 percent
  After six months, TRX is above Q1 2019 trade rangeInvestors are not as excited as they would otherwise be if it was another project promising a “huge and amazing” announcement. It all has to do with Justin Sun’s history. After Liverpool FC and Baidu mess, they are doubtful if Sun will deliver on June 1st. If he does, TRX could surge above 4 cents.
  Tron Price Analysis
  Fundamentals
  That the crypto space is competitive is true. With
  
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• John McAfee: Bitcoin Time Traveler Proof That BTC Will Hit $1 Million

  28-05-2019 19:10
  By CCN: Self-proclaimed “mad man” John McAfee is back at it again. Sticking firmly to his call for the Bitcoin price to smash past $1 million by the end of 2020, the crypto evangelist enlisted an unlikely ally in his bullish crusade: the “Bitcoin time traveler” who McAfee says has “never been wrong.” John McAfee Will Take Any Help He Can Get in $1 Million Bitcoin Call I'm not the only madman in crypto apparently. $1 mil prediction by 2021 by the man who has ne
  
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• World’s Second and Fourth Biggest Shipping Firms Join Maersk’s Blockchain Platform

  28-05-2019 19:07 via cointelegraph.com
  The world’s second-and fourth-biggest shipping firms, MSC and CMA CGM, have joined the blockchain shipping platform developed by Maersk and IBM
  
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• IBM, Maersk Finally Sign Up 2 Big Carriers for Shipping Blockchain

  28-05-2019 19:00
  IBM and Maersk's shipping blockchain has finally recruited two major marine cargo carriers after early efforts floundered.
  
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• Bitcoin Bulls Are Skeptical Even After Bullish Signal, Will $8,500 Hold?

  28-05-2019 19:00 via newsbtc.com
  Bitcoin prices firm above $8,500
  Technical analysts are overly bullish after Guppy indicator turned greenAfter three years, the Guppy technical indicator is flashing “buy.” As a result, technical analysts believe bulls are in control. That may be true because Bitcoin is up 8.9 percent in the last week but ranging above $8,500.
  Bitcoin Price Analysis
  Fundamentals
  The excitement is palpable. However, traders ought to be practical. Trends don’t shift in short bursts. In different
  
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• Ivy League Universities Set to Boost the Crypto Industry With an Injection of Institutional Investment

  28-05-2019 18:44 via cointelegraph.com
  Ivy league university investment heads are seemingly bucking David Swensen’s investment strategy that made Yale’s endowment grow exponentially to nearly $30 billion
  
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• Kik Launches $5 Million Crypto Funding Campaign for Lawsuit Against US SEC

  28-05-2019 18:36 via cointelegraph.com
  Canadian tokenized social media startup Kik has launched a $5 million initiative to fund a lawsuit against the U.S. SEC
  
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• Is $7,500 a Sweet Spot for Bitcoin Buyers?

  28-05-2019 18:28 via newsbtc.com
  The last few weeks have witnessed some of the most dramatic moves in the price of Bitcoin, and to a lesser extent the entire cryptocurrency markets, since the prolonged cryptocurrency bear market phase began back in early 2018. Now, many traders and investors are predicting that a new wider crypto bull market may be underway.
  Volume has likewise increased, peaking at over US$33 billion on May 16th, in addition to the 200-day moving average turning bullish for the first time since early 2018. Rec
  
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• NSA’s Terrifying Bitcoin Ransomware Leaves Baltimore Begging for Help

  28-05-2019 18:15
  By CCN: As Baltimore’s crippling bitcoin ransomware siege enters its fourth week, an official in the U.S. city demanded that Maryland Governor Larry Hogan declare the incident an emergency, the United Press International reports. Per Baltimore’s City Council President, Brandon Scott, a letter has already been sent urging Hogan to seek federal assistance: “I sent a letter to Gov. Hogan, asking him to officially ask and declare for federal disaster relief funds.” Baltimore
  
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• Bitwise White Paper: Fake Trading Volumes by Exchanges Do Not Impact BTC Prices

  28-05-2019 18:13 via cointelegraph.com
  Bitwise released a white paper claiming that fake trading volumes by crypto exchanges do not impact prices on the real bitcoin spot market
  
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• Cryptocurrency Visa card could open a back door for dirty money - Financial Times

  28-05-2019 18:06 via ft.com
  Cryptocurrency Visa card could open a back door for dirty money  Financial TimesIn the battle against international money laundering, cryptocurrency remains the weakest link. Users can receive payments from unknown sources from around ...
  
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• BitMEX Co-Founder Pledges to Donate Personal Fortune to Combat Global Challenges

  28-05-2019 18:04 via cointelegraph.com
  Billionaire Ben Delo, who is a co-founder of BitMEX, has signed the Giving Pledge to address global challenges such as nuclear security, artificial intelligence and climate change
  
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• Crypto Firm QuantBroker Opens New Office in Hong Kong

  28-05-2019 17:35
  QuantBroker offers a platform for crypto-asset funds through its proprietary order routing and executing algorithm.
  
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• New Crypto Wallet Accepted by 30,000 Outlets — Lets Users Buy Mobile Data Anywhere

  28-05-2019 17:15 via cointelegraph.com
  A social commerce tech platform has launched a new crypto wallet that enables users to purchase mobile data wherever they are in the world #SPONSORED
  
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• Hotshot Silicon Valley Investor Predicts Bitcoin Price Plunging Under $500

  28-05-2019 17:13
  By CCN: Jason Calacanis, a prominent Silicon Valley investor who has helped companies such as Uber and Robinhood to secure multi-billion dollar valuations, has said the bitcoin price is likely to drop to $0 to $500 in the long-term. “My position remains the same. Bitcoin will likely be replaced by a new technology & it’s manipulated It’s possible it’s built to last, but not probable, so keep your position to an amount you’re willing to loose. For most, that&rsqu
  
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• 13 VPNs Guaranteed to Help You Escape China’s Ironclad Great Firewall

  28-05-2019 16:37
  By CCN: China’s Great Firewall is one of the most prolific and successful internet censorship tools in history. It’s only one part of a group of laws, technologies, and organizations dedicated to preventing people – even VPN users – from freely accessing the web. Collectively, the policies are called the “Golden Shield Project.” Golden Shield Project Bans as Many VPNs as It Can Due to the firewall, state-approved social media networks have near-exclusive acces
  
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• Kik is Crowdfunding $5 Million in Crypto to Help Fight SEC

  28-05-2019 16:11
  Messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. SEC over its ICO token, kin.
  
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• Blackstone Majority-Owned Indian Tech Firm Partners With Bitfury on Trade Finance Project

  28-05-2019 16:08 via cointelegraph.com
  Indian tech firm Mphasis — majority-owned by the U.S. multinational private equity firm Blackstone Group — has partnered with Bitfury on a forthcoming trade finance project
  
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• This Surging Cryptocurrency Spiked 200% in 2019, Could Amazingly Double Before 2020

  28-05-2019 16:02
  By CCN: The EOS fireworks are just getting started. The commonly touted fundamental factors are June’s Block.one event in Washington and the purchase of 3.3 million tokens worth of RAM described as pushing the price up. There are also rumors that a game-changing announcement will be made in June. These developments have certainly helped the cause of this cryptocurrency but these are not the major catalysts driving the price up. Over the last few weeks, the smart money has shown its ha
  
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• Uber Angel Investor Predicts Bitcoin Price will Fall to $500

  28-05-2019 16:00 via newsbtc.com
  The bitcoin price will likely fall anywhere between $0 and $500 in the future, according to Jason Calacanis.
  The prominent venture capitalist said on Wednesday that the world’s largest cryptocurrency operates in a manipulated market. He further discussed the possibility of [a] new, emerging technology replacing bitcoin that would eventually hurt its long-term fundamentals as an asset.
  “It’s possible [bitcoin] is built to last, but not probable, so keep your position to an
  
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• Bitcoin Billionaire Pledges Crypto Billions to Bill Gates & Warren Buffet’s ‘Giving Pledge’

  28-05-2019 15:48
  By CCN: Ben Delo, bitcoin billionaire and co-founder of crypto trading platform BitMEX, has pledged the majority of his wealth to Giving Pledge, the philanthropic organization set up by Bill Gates, Melinda Gates, and Warren Buffet. The 35-year-old crypto entrepreneur is Britain’s youngest self-made billionaire, and the latest to join the philanthropy movement. Delo has pledged the majority of his estimated $3.6 billion net worth to help alleviate catastrophic threats of nuclear war and cli
  
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• Kenetic Co-Founder: Bitcoin to Trade at $30,000 by Late 2019, Regardless of Bitcoin ETF

  28-05-2019 15:46 via cointelegraph.com
  Kenetic co-founder Jehan Chu has predicted that bitcoin will surge up to $30,000 by the end of 2019, regardless of the approval of a BTC ETF
  
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