Cryptocurrency news

• Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams - Cointelegraph

  30-05-2019 23:45 via cointelegraph.com
  Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams  CointelegraphThe National Bank of Rwanda has issued a PSA on alleged cryptocurrency pyramid schemes and ICO scams happening in the country. The National Bank of Rwanda, the country’s central bank, has issued a public service announcement on alleged cryptocurrency scams, according to an official Twitter post on May 30. The central bank specifically warns the public about initial coin offering (I
  
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• Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams

  30-05-2019 23:45 via cointelegraph.com
  Rwanda’s central bank has issued a warning about alleged ICO scams and crypto pyramid schemes targeting the country’s residence
  
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• Russia’s Largest Bank Scraps Crypto Plans Even with Pro-Bitcoin CEO

  30-05-2019 23:30
  By CCN: Sberbank, the largest bank in Russia, is scrapping its crypto plans, citing the anti-bitcoin sentiments of government regulators. Ironically, the CEO of Sberbank, Herman Gref, is a bitcoin proponent. However, others at Sberbank are not convinced of the merits of virtual currencies, so they’re suspending all cryptocurrency-related projects. Andrey Shemetov, the global markets head at Sberbank, made the announcement at a May 30 press conference, Tass reported. “We waited for le
  
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• US Ivy League University Rolls Out Online Course in Blockchain and Cryptocurrency - Cointelegraph

  30-05-2019 23:25 via cointelegraph.com
  US Ivy League University Rolls Out Online Course in Blockchain and Cryptocurrency  CointelegraphThe Wharton School of the University of Pennsylvania has introduced an online program on financial technologies, including digital currencies.
  
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• US Ivy League University Rolls Out Online Course in Blockchain and Cryptocurrency

  30-05-2019 23:25 via cointelegraph.com
  The Wharton School of the University of Pennsylvania has rolled out an online program dubbed “Fintech: Foundations and Applications of Financial Technologies”
  
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• iExec to Work with France’s Largest Utility Company to Streamline Infrastructure with Ethereum App

  30-05-2019 23:00 via newsbtc.com
  Decentralised cloud computing project iExec has announced a partnership with one of the world’s largest utility companies. The French energy giant EDF hopes to overhaul its cloud-based infrastructure by building an application on the Ethereum blockchain.
  GPUSPH will reportedly take advantage of “the decentralized cloud”. The app gets around Ethereum’s scalability issues by ensuring that any heavy computing is done off-chain.
  EDF to Build on Ethereum to Optimise Infrastruc
  
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• State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020

  30-05-2019 22:59
  Insurance giants State Farm and USAA are in advanced testing of a blockchain to automate claims processing.
  
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• I’m CEO, B*tch: Facebook Investor Revolt Won’t Stop Mark Zuckerberg

  30-05-2019 22:44
  By CCN: Facebook founder and CEO Mark Zuckerberg will face another symbolic vote today to oust him as chairman of the board. Facebook shareholders NorthStar Asset Management and Trillium Asset Management have long sought to remove Zuckerberg as the company’s chairman. The vote to repeal and replace Mark Zuckerberg with someone better for Facebook’s health will take place at the annual stockholder meeting in Menlo Park, California. Investor Group Wants Zuck Out: ” dual-class sha
  
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• G-20 eyes registry for cryptocurrency exchanges - Nikkei Asian Review

  30-05-2019 22:37 via asia.nikkei.com
  G-20 eyes registry for cryptocurrency exchanges  Nikkei Asian ReviewTOKYO -- The Group of 20 major economies are expected to reach an agreement to create a registry of cryptocurrency exchanges, bolstering oversigh.
  
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• Ethereum Classic May Delay Upcoming Hard Fork ‘Atlantis’

  30-05-2019 22:36
  Ethereum Classic developer failed to reach consensus today a "final call" to approve, update or reject upcoming system-wide upgrade or hard fork, Atlantis.
  
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• Novogratz on Near-Term BTC Consolidation: ‘Trees Don’t Grow to the Sky’

  30-05-2019 22:30
  By CCN: Mike Novogratz’s expectation for bitcoin price consolidation is starting to look more feasible since BTC abruptly took a dive today. The high-profile trader believes bitcoin is poised for near-term consolidation to a narrow range despite recent market momentum. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, reportedly held a conference call today discussing his firm’s Q1 performance. According to Bloomberg, the Wall Street veteran believes that the bitc
  
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• Tesla Stock: CNBC Laughably Suggests TSLA Will Surge 90%

  30-05-2019 22:09
  By CCN: CNBC must really be hurting for content, or its owners must be long on Tesla stock. That’s the only explanation for Keris Lahiff’s sensationalist headline trumpeting, “Tesla rallied 90% the last time it suffered a pullback of this size.” Lahiff says: “…history suggests this might lead to a massive short-term rally. The stock roared 90% higher in the two months to April 2016 following a 50% sell-off in the previous 18 months.” No, Tesla Stock Wil
  
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• Aryacoin – A Cryptocurrency for Fast and Stable Transactions

  30-05-2019 22:08
  What is Aryacoin? Aryacoin is a new cryptocurrency that was designed to facilitate the peer-to-peer transfer of money through digital means, similar to how Bitcoin and Litecoin work. The difference, however, is that the AYA cryptocurrency was created to have real world use cases. Users will be able to transact with the coin without verification processes; this is because trading platforms will be set up in different locations to allow them to buy or sell AYA without any restrictions. The AYA coi
  
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• Will Bitcoin Margin Trading Help Binance and Coinbase Survive Big Banks Entering Crypto?

  30-05-2019 22:00 via newsbtc.com
  There’s a shift beginning across the crypto market: institutions are finally entering, and it’s already having a powerful impact on the price of Bitcoin. This also means that the crypto mainstays of the last bull run – such as Binance and Coinbase – are in danger of being decimated by established traditional financial firms with trillions of assets under management who are beginning to enter the space and cater to the growing institutional demand.
  This has prompted the cu
  
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• Coinbase Now Supports Cryptocurrency Token EOS

  30-05-2019 21:46 via cointelegraph.com
  The top 10 cryptocurrency EOS is now supported by Coinbase for trading and storage
  
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• WEF Launches Blockchain, AI, IoT Policy Councils

  30-05-2019 21:36 via feedproxy.google.com
  
  The World Economic Forum (WEF) has launched six councils covering some of the most pressing technology areas, namely blockchain, artificial intelligence (AI), the Internet-of-Things (IoT), autonomous mobility, drones and precision medicine. The councils will focus on developing policy guidance and address “governance gaps” or the absence of well-defined rules for these emerging technologies, the organization […]
  The post WEF Launches Blockchain, AI, IoT Policy Councils appeare
  
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• Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why

  30-05-2019 21:30
  By CCN: Adamant Capital’s Tuur Demeester, an outspoken crypto analyst and proponent of Bitcoin, said on Twitter that using the flagship cryptocurrency’s blockchain will eventually be as expensive – and rare – as chartering an oil tanker. Even the simple act of opening a Lightning Network channel will be cost-prohibitive and potentially slow once the network user base climbs into the billions. Bitcoin’s Blockchain Is Like an Oil Tanker – You Won’t Use Eit
  
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• Cryptocurrency Custodian Anchorage Adds Insurance Coverage - Cointelegraph

  30-05-2019 21:21 via cointelegraph.com
  Cryptocurrency Custodian Anchorage Adds Insurance Coverage  CointelegraphCryptocurrency custody services firm Anchorage has added insurance coverage for storing digital assets. Cryptocurrency custody services firm Anchorage has added insurance coverage for storing digital assets, it announced in a blog post on May 29. In the post, Anchorage — which raised $17 million in a Series A round led by Andreessen Horowitz — announced insurance coverage for institutions that covers d
  
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• Cryptocurrency Custodian Anchorage Adds Insurance Coverage

  30-05-2019 21:21 via cointelegraph.com
  Cryptocurrency custodian firm Anchorage announced it is now offering insurance coverage for cryptocurrencies
  
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• Dow Ekes Out Modest Gains After UBS Downgrade Ravages Key Stock

  30-05-2019 21:20
  By CCN: The Dow and broader U.S. stock market clinched modest gains on Thursday, overcoming a rocky session that saw shares of Verizon Communications (VZ) fall sharply after UBS downgraded the telecom giant. Dow, S&P 500, Nasdaq Flip Green Wall Street’s major indexes turned higher in the latter stages of Thursday’s session. The Dow Jones Industrial Average climbed 43.47 points, or 0.2%, to 25,169.88. The broad S&P 500 Index of large-cap stocks gained 0.2% to 2,788.86. Seven o
  
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• Neo Upgrade Scheduled For Beginning of June, New Oversize Fee Added

  30-05-2019 20:57 via cointelegraph.com
  Neo says it will upgrade mainnet in the beginning of June with new network fee rules and an oversize fee
  
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• Tesla & These Two Tech Stocks Are the Nasdaq’s Hidden Gems

  30-05-2019 20:55
  By CCN: The Nasdaq-100 Index may have topped out – for now – leaving big names such as Apple Inc (AAPL) and Amazon (AMZN) vulnerable to the fury of the bears. Nevertheless, not all stocks in the index have a bleak short-term outlook. Several tech giants have already suffered vicious corrections and now offer investors surprising upside. Tesla Inc. (TSLA), Nvidia Corp. (NDVA), and Intel Corp. (INTC) belong to that category. Tesla’s Huge Dump is a Setup for a Big Push Tesla has b
  
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• The Cryptopia Nightmare Drags on as Liquidators Struggle to Reimburse Hacked Users

  30-05-2019 20:49 via cointelegraph.com
  Have the dangers of centralized exchange custody been exposed? Auditors battle for the release of Cryptopia user data kept on third-party servers
  
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• Down $500 in Minutes: Bitcoin Rally Stalls As Price Rejected Above $9K

  30-05-2019 20:38
  Bitcoin's price pierced $9,000 earlier today for the first time in over a year but quickly retreated to price levels sub $8,600.
  
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• NFL Pro Bowler Russell Okung Plugs Bitcoin in Locker Room

  30-05-2019 20:30
  By CCN: Bitcoin has managed to gain the support of an ally on one of America’s most televised platforms. Russell Okung, a two-time Pro Bowler and Super Bowl Champion, has become one of the most vocal advocates for bitcoin and digital currencies.  Okung is one of several high-profile athletes pushing to be paid in bitcoin. While other sectors, particularly tech, have seen an uptick in workers paid with crypto, the vast majority of industries have lagged behind. Earlier in May, Okung th
  
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• Bitcoin Price Close Above $9K Will Be Largest Green Monthly Candle Since 2013

  30-05-2019 20:24 via newsbtc.com
  The price of Bitcoin has been on a wild ride in recent weeks, with a parabolic rally that began in early April taking the first-ever crypto asset on a journey back toward its all time high price of $20,000. As much as April’s rally moved Bitcoin price into the green, the month of May has been even better to crypto investors holding the digital asset.
  In fact, May has been so powerfully bullish, a close above $8,975 – a mere few hundred dollars from current levels and a level Bitcoin
  
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• The Next Generation Of Social Networks

  30-05-2019 20:17
  The article is penned by Deb Williams, Deb is the Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech. She embraces “Change” with a passion and her purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. Let’s face it things have changed in the Social media and Marketing space from as recently as 2 years
  
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• Bitcoin Screams Past $9,000 Before Incurring Massive Selling Pressure, But This Drop Could be Healthy

  30-05-2019 20:00 via newsbtc.com
  After facing an extended bout of sideways trading, Bitcoin incurred a sudden influx of buying pressure earlier today that allowed it to surge past $9,000, which immediately led many investors to believe that an extension of this surge would lead the crypto to the coveted $10,000 region.
  Despite this, excited investors were splashed with a bucket of cold water after BTC dumped nearly instantly after it broke above $9,000, which has led to a subsequent crash down to $8,600.
  Bitcoin’s Stabili
  
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• Binance’s Commitment Likely to Prop Bulls Aiming at $70

  30-05-2019 20:00 via newsbtc.com
  BNB in an uptrend, add 7.9 percent
  Changpeng Zhao’s determination is the driving force behind BinanceBehind Binance Coin is a never-yielding team, keen on developing the ecosystem. With the leadership of Changpeng Zhao, Binance has its mainnet, is the world’s largest by adjusted volumes and most importantly, transparent. At the time of writing, BNB is up 7.9 percent in the last week and stable in the past 24 hours.
  Binance Coin Price Analysis
  Fundamentals
  True, Binance suffered a ha
  
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• Crypto Giant Coinbase Hints at First-Ever U.S. Bitcoin Margin Trading

  30-05-2019 19:26
  By CCN: For years, the global bitcoin margin trading market has been dominated by BitMEX, which at one point reached a daily volume of $10 billion on May 12, a new record high for the company. Now, Coinbase and Binance are looking to enter the market. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic.twitter.com/iLMGdpz65n — Arthur Hayes (@CryptoHayes) May 12, 2019 The previous all-time high was reached in mid-2018 when BitMEX reached 1 million bi
  
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• ‘Everyone Can Be Satoshi’: Wei Liu Breaks Silence on Bid to Contest Craig Wright’s Bitcoin Copyright

  30-05-2019 19:23
  Crypto trader Wei Liu says he registered a copyright on the Satoshi White Paper to poke fun at what he calls the "cult of CSW."
  
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• ‘Everyone Can Be Satoshi’: Liu Breaks Silence on Contest of Craig Wright’s Bitcoin Copyright

  30-05-2019 19:23
  Wei Liu says he registered a copyright on the Satoshi White Paper to show anyone can file for a copyright registration.
  
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• Bitcoin May be up 14.9% But Tom Lee Expects “Real FOMO” after $10,000

  30-05-2019 19:00 via newsbtc.com
  BTC is steady above $8,500, add 14.9 percent
  Prices in an uptrend but real FOMO is after $10,000 says Tom LeeTom Lee is an ardent Bitcoin supporter. Contrary to the mainstream view, he believes real FOMO for BTC will begin after prices rally past the psychological $10,000 mark. Currently, BTC is up 14.9 percent from last week’s close.
  Bitcoin Price Analysis
  Fundamentals
  A healthy blend of growing awareness, coupled with the involvement of industry heavyweights and improving infrastructure
  
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• Analysis: Singapore, South Korea, Switzerland top list in relative cryptocurrency popularity - The Block Crypto

  30-05-2019 19:00 via theblockcrypto.com
  Analysis: Singapore, South Korea, Switzerland top list in relative cryptocurrency popularity  The Block CryptoGiven the pseudo-anonymous nature of cryptocurrencies, it's nearly impossible to accurately estimate how many people use them and where they are located.
  
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• Bitcoin Breaks $9,000 In Latest Landmark Price Point

  30-05-2019 18:53 via cointelegraph.com
  In the latest milestone of its renewed bull run, bitcoin today broke past $9,000 to soar to its highest price point in over a year
  
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• Japanese Financial Services Agency Approaches Crypto ETFs With Caution, Cites Volatility

  30-05-2019 18:50 via cointelegraph.com
  Cryptocurrency-based exchange-traded funds are reportedly being approached with caution by the Japanese Financial Services Agency
  
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• Report: Robinhood Using Crypto Trade Execution Services From Jump Trading

  30-05-2019 18:47 via cointelegraph.com
  U.S.-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading for crypto trade execution services
  
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• Study Suggests Ticker Readability Positively Impacts a Cryptocurrency's Returns

  30-05-2019 18:42 via cointelegraph.com
  A new small-scale study ostensibly indicates that the readability of a cryptocurrency’s ticker symbol positively correlates with higher returns in the first week of listing
  
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• Susquehanna’s Digital Asset Head Bart Smith: Bitcoin Is Certainly Speculative and Risky

  30-05-2019 18:39 via cointelegraph.com
  Susquehanna’s head of digital asset Bart Smith has claimed that bitcoin investments are “certainly speculative”
  
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• Bitcoin Price Surges Past $9,000, Suffers Brutal Dump

  30-05-2019 18:28
    By CCN: The bitcoin price extended its triumphant rally past a new milestone, clearing the $9,000 barrier to set a fresh 12-month high. Minutes later, a $500 dump sent a chill through the market. Bitcoin Price Slides $500 Minutes After Hitting 12-Month High The flagship cryptocurrency had spent most of the morning trading near $8,750, but a sudden surge in volume catalyzed a sharp rally shortly before noon ET. Bitcoin quickly rallied past $9,000 – the first time it had crossed that
  
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• This DIY Punching Bag Rewards You with Cryptocurrency for Whacking It - VICE

  30-05-2019 18:07 via vice.com
  This DIY Punching Bag Rewards You with Cryptocurrency for Whacking It  VICEStaying motivated to work out is hard, and no one likes to waste cryptocurrency that they could hoard or invest. What if one problem could solve the other? Entrepreneur Amr Saleh hacked together a jury-rigged punching bag as a proof-of-concept that exploits the cryptocurrency miner’s fear of losing their investment to keep them healthy. The concept is simple, the miner locks up an amount of ether (the nati
  
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• Citing Regulator, Sberbank Scraps Crypto Plans in Russia

  30-05-2019 17:51
  The bank could still launch its planned cryptocurrency via its Swiss subsidiary
  
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• Dow Eyes Surprising Recovery as Fed Rate Cut Rumors Swirl

  30-05-2019 17:40
  By CCN: The Federal Reserve has consistently rebuffed pressure to conform its interest rate policy to the Trump administration’s wishes. However, as the trade war rages, some analysts believe the Fed could cut its benchmark rate by the year’s end, capitulating to the White House and providing the Dow Jones with much-needed positive momentum. Minutes after its opening, the Dow Jones climbed by 85 points to clear the 25,200 point threshold, as the rapid decline in the yield of the U.S.
  
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• Associated Press Mocked Relentlessly Over Ridiculous Bitcoin ‘Style’ Rules

  30-05-2019 17:13
  By CCN: The Associated Press got dragged on Twitter after issuing its ridiculous style rules for bitcoin and cryptocurrencies. In short, the AP guidelines underscored that the self-proclaimed editorial style gurus don’t understand crypto at all. AP: ‘He Bought a Vacuum Cleaner Using Bitcoins’ The brouhaha erupted after the AP Stylebook tweeted: “We have a new entry on cryptocurrency, including Bitcoin, Litecoin, Dogecoin and Ethereum. It contains explanations as well as s
  
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• Tron Announces BitTorrent-Based IPFS Variant Decentralized File System Protocol

  30-05-2019 17:00 via cointelegraph.com
  A BitTorrent-based version of decentralized file system InterPlanetary File System has been announced by Tron
  
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• Kik Fortifies War Chest to Battle SEC Lawsuit Over $100 Million ICO

  30-05-2019 16:36
  By CCN: Canadian mobile-messaging company Kik is preparing to fight the SEC tooth-and-nail when the agency sues the firm over its $100 million ICO. Many companies settle to avoid a protracted and expensive legal war. However, Kik says the best way to force the Securities and Exchange Commission to issue regulatory clarity is through a full-scale court battle. So that’s what it’s doing. Watch: Why This Video Could Doom Kik’s SEC Fight https://t.co/ZAO2CmGGVf — CCN.com (@CC
  
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• Bitcoin Trading Volume Skyrockets in Latin America, Value Hits ATH in Argentina

  30-05-2019 16:36 via newsbtc.com
  Weekly peer-to-peer trading volume in the Latin American bitcoin market has been rising steeply, according to data provided by LocalBitcoins.com.
  The over-the-counter bitcoin trading portal found that Argentina, Chile, Mexico, Columbia, Peru, and Venezuela are posting more offline trading activity than that reported on the global average scale. Measured against their local fiat currencies, the volumes appeared higher even during the 2018’s cryptocurrency crisis, wherein bitcoin lost more t
  
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• Huobi Clamps Down on Crypto Wash Trading After Bitwise Report

  30-05-2019 16:30
  Huobi said it has taken steps to discourage wash trading in the wake of a report that implied the exchange inflated trading volume.
  
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• Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan

  30-05-2019 16:30 via cointelegraph.com
  Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province
  
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• Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge

  30-05-2019 16:13 via cointelegraph.com
  The cause of yesterday’s bitcoin sv price surge may be due to fake news, according to crypto investment firm Primitive Ventures co-founder Dovey Wan
  
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