Cryptocurrency news

• Massive Google Cloud Outage Nukes Snapchat, Gmail, & YouTube

  02-06-2019 23:38
  By CCN: Around 3:25 pm ET, a massive chunk of the internet went dark. Google Cloud appears to be the source of the problems. This has led to outages for YouTube, Discord, Google Photos, Search, News, Analytics, Gmail, and various other services. It’s not just Google’s own applications either. Snapchat, among other services hosted by Google, is also experiencing difficulties. The internet is slowly breaking down because Google is having issues with multiple services, including their o
  
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• Crypto Exec: Bitcoin Ready To Blast Past $10,000, Tap $12,000 In 40% Boom

  02-06-2019 23:30 via newsbtc.com
  Over the past two months, Bitcoin (BTC) has ripped to the upside, posting an over 100% gain. At the same time, some crypto assets, like Binance Coin (BNB), Litecoin, and Chainlink, have, to put it (not so) lightly, gone to the moon. As Ikigai’s Travis Kling recently pointed out, Bitcoin is up 129% year-to-date, while BNB has seen a jaw-dropping 432% performance, rallying off the exchange’s commitment to building a value proposition for the token.
  In any other market, i
  
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• Analysts Believe XRP May be Posed for a Large Surge as Technical Strength Grows

  02-06-2019 23:30 via newsbtc.com
  The aggregated crypto markets have been able to tepidly advance higher today after facing some levels of volatility earlier this week. XRP, which has now firmly gained a foothold in the lower-$0.40 region, is now slowly climbing into the mid-$0.40 region as Bitcoin nears the important $9,000 level.
  Analysts now concur that XRP is incurring strengthening technicals that may allow it to surge significantly higher in the near future.
  XRP Nears $0.45 as Crypto Markets Climb Higher
  At the time of wri
  
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• 3 Stocks to Short to Make a Killing from Trump’s Mexico Tariffs

  02-06-2019 22:45
  By CCN: President Trump’s shock announcement that he would impose tariffs on all Mexican imports rocked the stock market last week, but the White House-induced volatility creates the perfect storm for investors to make a killing by aggressively shorting several Mexico-linked companies. Here are three of your best bets: 1. Constellation Brands (STZ) Constellation Brands, which makes popular Mexican beers like Corona and Modelo, is a prime target for short-sellers who believe Trump will foll
  
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• Bitcoin May Soon Set Fresh Year-To-Date Highs, Assuming it is Able to Surge Past $8,800

  02-06-2019 21:30 via newsbtc.com
  Although Bitcoin faced some levels of downwards pressure earlier this week, it has since been able to recover and appears to be continuing to extend the upwards momentum it has incurred over the past several weeks.
  Now, Bitcoin is only a stone’s throw away from setting fresh year-to-date highs, and one analyst is quick to note that it may soon surge past the important resistance level around $9,000, assuming it is able to continue climbing past $8,800.
  Bitcoin Finds Strong Support in Lower
  
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• 5 Crypto Assets With Major Pump-Worthy Catalysts in Q3

  02-06-2019 21:13
  By CCN: The second half of the 2019 blockchain calendar is filled with prominent development landmarks for several crypto market heavyweights Either because of bullish cryptocurrency investor speculation or timely manipulation, these events often coincide with robust price pumps for the coins involved. A review of projects with imminent Q2 landmarks on the horizon can be found here. In the meantime, here are five popular altcoins with tantalizing pump-worthy prospects scheduled for Q3. 1. Zcash
  
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• Analyst: Bitcoin (BTC) Bulls Near Exhaustion, Investors Should Be Wary

  02-06-2019 20:00 via newsbtc.com
  For the umpteenth weekend in a row, the cryptocurrency market has rallied. On Sunday morning, Bitcoin (BTC) shot up by some 3%, with the asset breaking past a short-term resistance level. Despite this occurrence, which most analysts see as a signal that the ball is clearly in the bulls’ court, there have been some that are still wary of an impending correction.
  Related Reading: Bitcoin (BTC) Price Weekly Forecast: Technical Bias Signaling Fresh Increase
  Chances Of Bitcoin Correction Growin
  
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• Binance DEX Will Geoblock Users From 29 Countries, Including the US

  02-06-2019 19:12 via cointelegraph.com
  Access to the decentralized exchange developed by major cryptocurrency exchange Binance will be blocked from 29 countries
  
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• Binance DEX Website Will Geoblock Users From 29 Countries, Including the US

  02-06-2019 19:12 via cointelegraph.com
  Access to the decentralized exchange developed by major cryptocurrency exchange Binance will be blocked from 29 countries
  
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• Pharma Bro Martin Shkreli Won’t Let Prison Halt His Get-Rich-Quick Antics

  02-06-2019 19:00
  By CCN: Remember the man who thought it was a good idea to raise the price of a life-saving HIV drug by more than 5,000 percent? The one who also thought it was a good idea to start a rap beef with the Wu-Tang Clan? He’s also the guy who tried to buy The Life Of Pablo for $15 million in bitcoin and claims to have spoken with Satoshi Nakamoto. That’s right, “pharma bro” Martin Shkreli is back. Well, not all the way back; he’s still in prison after all. But he’s
  
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• Bitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery

  02-06-2019 17:50
  By CCN: Within the past three days, since May 31, the bitcoin price has climbed from $8,000 to $8,800, demonstrating a strong sign of recovery in a 9.5 percent rally and pushing the rest of the crypto market to the upside. On major regulated crypto asset exchanges like Bitstamp, the bitcoin price dropped to as low as $8,000 on last Friday, sparking fears of a potential decline below $7,000 in an anticipated pullback. The dominant crypto asset showed immediate recovery beyond $8,200, a support le
  
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• Tron (TRX) Price Goes 28% Up This Weekend in a Bulls***t Wacko Rally

  02-06-2019 16:24
  By CCN: Want to pump an asset’s market capitalization by more than 650 million in just two days? Then learn from Justin Sun. The chief executive of Tron Foundation said last week that he would publish a big announcement after June 1. Nobody exactly knew what the revelation would be: a Godzilla or a Bambi, but the price of Tron’s blockchain token of the same encashed the hype pretty well. The TRX rate today surged to $0.041 on Binance, its highest in 10 months. The move took Tron&rsqu
  
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• Top 5 Crypto Performers: BSV, TRX, ATOM, MIOTA, ETC, NEXO*

  02-06-2019 15:57 via cointelegraph.com
  Can the top five performers extend their rally?
  
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• Bitcoin is for Suckers – Fight Me

  02-06-2019 15:30
  By CCN: There are countless reasons why bitcoin and cryptocurrencies rank among the biggest bubbles in history and the dumbest places to put your hard-earned money. Bitcoin Investors Don’t Consider Volatility Bitcoin return or cryptocurrency return compared to stock market return means nothing unless one considers volatility. Volatility is risk. The fatal mistake investors make is that they look at bitcoin, cryptocurrency, or stock market performance in a vacuum, when they must always
  
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• Bitcoin's Overnight Crash Doesn't Stop Experts From Remaining Macro Bullish

  02-06-2019 15:03 via cointelegraph.com
  On the eve of May 31, Bitcoin briefly dropped to $8,000 in an 11% drop: Are experts still macro bullish on its price trend? Analysts breakdown potential scenarios in which bitcoin recovers to a new 2019 high or drops below key supports.
  
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• Bitcoin Price Boom Boosts AMD Rally While Semiconductor Stocks Crash

  02-06-2019 14:44
  By CCN: While other semiconductor companies were struggling, AMD stocks continued to surge in May; a price movement likely fueled by the bitcoin bull market. AMD Stocks Surging by 99% Advanced Micro’s stocks are booming, gaining as much as 99 percent in the last 12 months. AMD continued its surge even in May when other semi stocks had crashed. Last month, the semiconductor ETF SMH and Intel lost 14-14 percent with Nvidia being one of the biggest losers of the month with a 25 percent price
  
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• Cryptocurrency market update: Bitcoin extends rebound from $8000 area, TRON continues to outperform - FXStreet

  02-06-2019 14:03
  Cryptocurrency market update: Bitcoin extends rebound from $8000 area, TRON continues to outperform  FXStreetFollowing Saturday's consolidation phase near the $8500 mark, Bitcoin gained traction on Sunday and started climbing higher toward the critical $9000.
  
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• Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money

  02-06-2019 13:53
  By CCN: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018. It appears whales now control 25% of all BTC. Is this good or bad for bitcoin? Whales are smart money These private, non-institutional buyers decided an 85 percent decline was a buying opportunity. The market sent BTC prices higher. Now they hold bitcoin, hoping to exploit the law of supply and demand. By hoarding coins, liquidity dries up, theoretically forcing pric
  
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• p2pb2b ― Another Exchange to Run IEO On, Apart from Binance

  02-06-2019 13:47
  The fastest-growing crypto exchange, p2pb2b has launched its own IEO. The new type of fundraising for blockchain startups is getting more and more popular: so far, more than 15 trading platforms have it integrated into their systems. Unlike ICO, anyone who uses IEO doesn’t have to put any funds on his Ethereum account and then transfer them to the company’s smart contract. If you want to buy a token, all you need is to sign up on the exchange, undergo a KYC identity verification, and
  
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• Can Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

  02-06-2019 13:30
  A bar in Japan is teaming up with a locally-based lightning startup to let customers pay using the experimental payments network.
  
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• Bitcoin is Having a False Price Rally, Says Gold Bull Peter Schiff

  02-06-2019 13:19 via newsbtc.com
  A sharp rebound that sent the bitcoin price 179 percent higher this year could soon fizzle, according to Peter Schiff of Euro Pacific Asset management.
  The veteran stockbroker said bitcoin has not accurately recovered from 2018’s bearish sentiment, wherein its rate dropped from $20,000 to $3,200 in just 11 months. Adding that every bear market has fake rallies that attempt to “sucker in” the bulls, Schiff noted that the ongoing bitcoin price boom is one of the same things. Exce
  
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• Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth

  02-06-2019 12:30
  A new paper outlines a proposed protocol that seeks to boost the bandwidth for bitcoin nodes.
  
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• Is It Better to Trade CFDs on Crypto or Crypto Itself?

  02-06-2019 12:27 via newsbtc.com
  Cryptocurrencies are not something new, and neither are CFDs (i.e. Contract For Difference, a popular form of derivative trading). Every person involved in financial trading will know what these two assets are, but some are still unaware that cryptocurrencies can be traded through CFDs, and now may be the best time to do so.
  There are a few advantages and disadvantages connected to trading CFDs on cryptos compared to regular cryptos and both traders sometimes get confused as to why somebody woul
  
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• Gate.io Launches 1st Startup Discount Offer with Lambda

  02-06-2019 11:22
  Blockchain assets exchange platform, Gate.io has released 1st Startup Discount Offer, that aims to provide its VIP users with a discount in innovative and advanced projects. Users will have a higher purchase limit with more GT holdings. Gate.io Startup will launch its first project with Lambda (LAMB) on June 3, UTC 4:00 – 6:00. Lambda is a safe, reliable and infinitely extendable decentralized storage network, whilst using data integrity and security verification as well as the operation o
  
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• eToro sponsors Moto2 team American Racing KTM

  02-06-2019 11:11
  – Announcement is the latest stage in eToro’s sports sponsorship programme, following landmark deal with 7 Premier League clubs in 2018/19 eToro, the global multi-asset investment platform, today announced its latest sponsorship deal, signing on as a partner with Moto2 team, American Racing KTM. eToro will become an Official Sponsor to the team and its two promising young riders, Iker Lecuona (@ikerlecuona_27) and Joe Roberts (@joerobertsracer) for the rest of the 2019 season. Moto2
  
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• Tokenization, Explained

  02-06-2019 11:10 via cointelegraph.com
  Tokenization has been one of the hottest buzzwords in crypto this year — learn everything about it in our ultimate guide
  
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• Elon Musk Debunks Viral Report That He Is Wildly Overpaid as Tesla CEO

  02-06-2019 08:40
  By CCN: Last week, we learned that Elon Musk was the highest-paid CEO in America in 2018. And it wasn’t even close. Musk scored a jaw-dropping $2.3 billion in compensation, outstripping the next 65 corporate executives combined. With that sort of income, Musk should be on pace to topple Jeff Bezos on the rich list, especially since the latter just lost 25% of his Amazon stock in his divorce. But not so fast. Musk took offense at these viral reports. Instead, he claims, he’s not earni
  
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• Bitcoin (BTC) Price Weekly Forecast: Technical Bias Signaling Fresh Increase

  02-06-2019 07:00 via newsbtc.com
  There was a sharp decline in bitcoin price after it spiked above the $9,000 level against the US Dollar.
  The price declined below the $8,600 support and tested the key $8,000 support area.
  There was a break below a major bullish trend line with support near $8,540 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair tested the $8,000 support area ad recently bounced back above $8,400 and $8,500.Bitcoin price recovered sharply after a major drop to $8,000 against the US Dol
  
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• Cryptocurrency This Week: Bitcoin Sharks On Rise, Russia may Consider Gold-Backed Crypto And More - Inc42 Media

  02-06-2019 06:56
  Cryptocurrency This Week: Bitcoin Sharks On Rise, Russia may Consider Gold-Backed Crypto And More  Inc42 MediaSo, Prime Minister Narendra Modi was sworn in for his second term on May 30, and with an ailing Arun Jaitley having opted out of the new government, Modi has chosen former defence minister Nirmala Sitharaman as the Union Minister of Finance. While Sitharaman is all set to present the full-fledged budget on July 5, the Financial Action Task Force (FATF), an international body th
  
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• Ethereum (ETH) Price Holding Gains: Key Resistances Nearby

  02-06-2019 06:08 via newsbtc.com
  ETH price recovered nicely after declining towards the $240 support area against the US Dollar.
  The price traded above the $270 level, but it seems to be struggling near $278 and $280.
  There is a short term breakout pattern forming with resistance near $270 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair remains well supported on dips as long as there is no close below the $250 support area.Ethereum price jumped back after correcting sharply versus the US Dollar, similar to bit
  
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• Japan's native cryptocurrency; Monacoin gains more than 80% with rumors of listing - Cryptopolitan

  02-06-2019 05:39
  Japan's native cryptocurrency; Monacoin gains more than 80% with rumors of listing  CryptopolitanA wave of excitement has spread across the Japanese crypto traders as the news about Japan's first ever native cryptocurrency MonaCoin broke out. Reportedl.
  
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• Coinbase Adds EOS to Its Crypto Education Rewards Program

  02-06-2019 04:05
  Coinbase users can now get up to $10 in EOS tokens by learning about the cryptocurrency through the exchange's Earn program.
  
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• Sell The News: EOS Falls By 7% After Block.one’s June 1st Announcement

  02-06-2019 02:31 via newsbtc.com
  Block.one’s June 1st (B1June) live stream has just been unveiled, and EOS is dumping. In a classic case of “buy the rumor, sell the news”, the crypto asset has fallen by 6.5% since the event occurred. This shouldn’t exactly be surprising, as the cryptocurrency rallied by 40% in the past week in anticipation of a massive announcement set to revolutionize the blockchain world.EOS Dumps After Block.one Keynote
  Earlier today, we reported that Block.one, the company behind EOS
  
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• U.S. & Japan Top Traffic For Cryptocurrency Exchanges - Ethereum World News

  02-06-2019 02:12
  U.S. & Japan Top Traffic For Cryptocurrency Exchanges  Ethereum World NewsThe United States and Japan have ranked as the top two countries contributing traffic to cryptocurrency exchanges. According to research compiled by The Block and published on May 31, the US and Japan account for the vast majority of web traffic going to crypto exchanges. The study showed that 24.5 percent of all exchange traffic originates in the United States, with Japan coming in second place at 10 percent
  
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• Eos Developer Block.one Announces Blockchain-Based Social Media Platform Voice

  02-06-2019 01:42 via cointelegraph.com
  CEO of Block.one announces Voice, a social media platform built on the Eos public blockchain
  
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• Bitcoin Millionaire Admits Steamy Sex Affair, Denies Model’s Grisly Murder

  02-06-2019 01:30
  By CCN: Bitcoin tycoon and Everus World founder Alex Johnson and his wife engaged in a threesome that ended with the mysterious death of a Dutch model in December 2017. Ever since, the couple has been living as outcasts, moving from one city to another while hiding from the anger and threats of vigilantes. Now, after 18 months, the Johnsons have broken the silence, claiming their innocence in the grisly murder case and calling for an end to their “witch hunt.” While they denied their
  
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• US Lawmakers Again Promising To Enact Tax & Exchange Regulations

  02-06-2019 01:00 via crypto-news.net
  US regulatory bodies have been willfully ambiguous about cryptocurrency for many years, with lawmakers and other government officials refusing to create clear parameters for its legal use. Although there are perhaps a number of explanations for this failure to take action, there is no doubt that blockchain technology, and the digital assets it creates, are now a permanent part of the global economy. Now that the crypto market is rebounding, it appears that the federal government is poised to est
  
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• Block.One Is Launching a Social Media Platform on the EOS Blockchain

  02-06-2019 01:00
  Multibillion-dollar startup Block.one is announcing a new social platform, Voice, which aims to give users more control over their content.
  
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• Ethereum is About to Form a Rare Bullish Technical Formation That May Lead it to Surge Higher

  02-06-2019 00:30 via newsbtc.com
  Despite incurring some noteworthy selling pressure earlier this week, Ethereum has posted a decent recovery in the time since and is now tepidly advancing back towards the $270 region.
  One analyst is now noting that Ethereum is close to forming a bullish technical formation that has only been formed a small amount of times in the cryptocurrency’s history, which may mean that significantly further gains are imminent.
  Ethereum Climbs After Dropping Earlier This Week 
  At the time of writ
  
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