Cryptocurrency news

• Canada: Vancouver Mayor Suggests Ban on Bitcoin ATMs

  07-06-2019 23:40 via cointelegraph.com
  The mayor of Vancouver is advocating for the introduction of a complete ban on bitcoin ATMs
  
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• What Cboe’s Looming Crypto Futures Exit Means for the Bitcoin Price

  07-06-2019 23:31
  By CCN: After nearly 18 months of operation, the Cboe bitcoin futures market is closing for good, or at least for the foreseeable future, with the expiration of its last bitcoin futures contract on June 16. Speaking to Bloomberg, Cboe spokeswoman Suzanne Cosgrove revealed that the company does not have plans to release a new product for cryptocurrency trading at this time, reaffirming the closure of its bitcoin futures market that was announced in March. “ is assessing its approach with re
  
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• Did Kik Just Place a Target on the Backs of its Form-D ICO Peers?

  07-06-2019 23:20
  By CCN: Kik might very well have good intentions by inviting a fight with the U.S. Securities and Exchange Commission. If the litigation, which the securities regulator has filed against the company, goes Kik’s way, it will set a precedent for other blockchain startups that have taken a similar approach to raise funds in an initial coin offering (ICO). But if the other shoe drops, Kik could find that it has placed a target on the backs of its peers that have pursued a similar fundraising p
  
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• Crypto Exchange With 2 Million Users Launches Apps for Apple and Android Devices

  07-06-2019 23:20 via cointelegraph.com
  A crypto exchange says it has formed strategic partnerships with a plethora of companies to expand the ways its community can use their assets #SPONSORED
  
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• Policing Cryptocurrency Ads: 4 Things You Should Know - Law360

  07-06-2019 23:08
  Policing Cryptocurrency Ads: 4 Things You Should Know  Law360The growing consumer interest in cryptocurrency has attracted a fair amount of fraud, inspiring regulators and tech platforms alike to take a stab at cracking down ...
  
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• Satoshi Posers — Why So Many Takers for the Bitcoin Crown?

  07-06-2019 23:02 via cointelegraph.com
  People are going to great lengths to try to prove they are Satoshi Nakamoto, but is there any legal ground to their moves?
  
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• Bitcoin Hotter on Google Trends than Trump and Kim K

  07-06-2019 23:00 via newsbtc.com
  According to Google Trends, the term “Bitcoin” one of the most popular right now on the planet’s leading search engine. In fact, it’s currently outperforming some of the most consistently popular search terms of the last few years.
  Interestingly, the web analysis tools also shines some light into internet users’ preferred nomenclature. It appears most Google searchers prefer to use the term “crypto” over “cryptocurrency”.
  Bitcoin Outperformin
  
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• Bitcoin Analyst Says BTC Could Reach $25,000 by End of 2019

  07-06-2019 22:55 via cointelegraph.com
  Bitcoin price analyst Oliver Isaacs predicts bitcoin hitting $25,000 this winter, citing signs of mainstream adoption and the U.S.–China trade war as influencing factor
  
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• SEC charges cryptocurrency company Longfin with accounting fraud - Accounting Today

  07-06-2019 22:23
  SEC charges cryptocurrency company Longfin with accounting fraud  Accounting TodayThe Securities and Exchange Commission has added fraud charges to its previous charges against Longfin Corp., a defunct company that used to promote ...
  
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• Bitcoin Expert: Facebook’s GlobalCoin Will Annihilate Ripple

  07-06-2019 22:20
  By CCN: Ripple (XRP) and most other cryptocurrencies should be looking over their shoulders now that Facebook has announced it is launching GlobalCoin (or Libra), according to Bitcoin expert Max Keiser. In Keiser’s opinion, GlobalCoin will render altcoins irrelevant, and this includes Ripple. The Bitcoin bull also sees the Facebook coin obliterating payments and remittance companies leveraging cryptocurrencies: “The $FB global stable coin… FaceCoin obviates need for hundreds o
  
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• Crypto Alt Season Expected, But Has Margin Trading and IEOs Captured Retail Money?

  07-06-2019 22:00 via newsbtc.com
  It’s been a common thread throughout 2019 thus far: alt season. Crypto traders and analysts have been calling for a prolonged period where Bitcoin’s altcoin cousins significantly outperform the leading crypto asset, which helped propel the emerging asset class into the limelight at the end of 2017.
  However, some crypto analysts speculate that the lack of an alt season occurring thus far in Bitcoin’s bear and bull market cycle, could be due to retail money flocking to exchanges
  
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• Bitcoin Trade Volume on Coinbase Hit a 14-Month High in May

  07-06-2019 22:00
  Coinbase recorded its most bitcoin trade volume in 14-months during May when over 739,000 bitcoins traded hands.
  
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• New Law in India Would Imprison Anyone Who Uses Cryptocurrency - Futurism

  07-06-2019 21:55
  New Law in India Would Imprison Anyone Who Uses Cryptocurrency  FuturismIndia is considering a new law that would not only ban the use of cryptocurrency, but would imprison offenders for ten years without bail.
  
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• Republic of San Marino Issues Regulatory Policies on Tokens, Token Offerings

  07-06-2019 21:52 via cointelegraph.com
  San Marino’s regents have set regulatory guidelines in their decree on blockchain technology in business, setting policy for ICOs involving security and utility tokens
  
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• Bitcoin Isn’t Cypherpunk, Craig Wright Rants in Attack on Julian Assange

  07-06-2019 21:20
  By CCN: The man who claims to be Bitcoin’s inventor wants to rewrite history by erasing the cryptocurrency’s cypherpunk past. Writing in yet another blistering blog post, Craig Wright claimed he left the cypherpunk movement in the 1990s after growing tired of the antics of Julian Assange. Craig Wright: I Couldn’t Stand Julian Assange Wikipedia offers the basic definition of a cypherpunk as: “Any activist advocating widespread use of strong cryptography and privacy-enhanci
  
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• Bitcoin Bulls May Get Another Chance At $10,000 As Crypto Market Shows Strength

  07-06-2019 21:05 via newsbtc.com
  The saying goes, “what goes up, must come down.” Yet to everyone’s surprise, Bitcoin’s downside resilience despite an over 100% gain over the last few months of parabolic growth has continued to prevent the correction most analysts expect from ever occurring.
  But now, as the crypto market is once again showing signs of strength, bulls appear to be gaining the upper hand. Should bulls be able to take the Bitcoin price above resistance at $8,200, the leading crypto by marke
  
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• Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data

  07-06-2019 20:55
  By CCN: The Dow and broader U.S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued higher on Friday, mirroring a strong pre-market for Dow futures. As of 2:53 pm ET, the Dow Jones Industrial Average had surged 299.34 points, or 1.16%, to 26,020 The blue-chip index has recov
  
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• $1.5M in Stolen Bitcoin From 2016 Bitfinex Hack Changes Address

  07-06-2019 20:54 via cointelegraph.com
  Someone has recently moved around $1.5 million in bitcoins stolen from the Bitfinex cryptocurrency exchange in 2016
  
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• BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, TRX: Price Analysis 07/06

  07-06-2019 20:36 via cointelegraph.com
  Should traders lighten up positions in the current rally or buy more?
  
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• Poloniex Users Threaten to Sue After Losing $13.5M in CLAM Flash Crash

  07-06-2019 20:20
  By CCN: U.S.-based cryptocurrency exchange Poloniex has revealed that its lenders lost $13.5 million in a sudden CLAM price crash. To cover its losses, the exchange slashed the principal of active BTC loans by approximately 16%. Now outraged Poloniex users are calling the move a “theft” and considering launching a lawsuit against the exchange. An Eye-Popping 1,800 BTC Lost in Two Hours On May 26, CLAM’s price fell from $20.30 to $6.10 in a two-hour flash crash. The sudden price
  
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• Aitheon is Proud to Announce Its Token Listing on LATOKEN

  07-06-2019 20:12
   The highly anticipated listing comes less than two weeks of Aitheon’s factory Open House in Mysore, India KIEV, UKRAINE, June 6, 2019-  Aitheon’s Ethereum-based utility token (ACU) will be listed on the LATOKEN exchange on June 10, 2019.  LATOKEN is a top-20 exchange in terms of daily trade volume and currently exceeds $950 mln.  Aitheon’s team is preparing to make special announcements through its internal channels to keep token holders advised and updated
  
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• Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy

  07-06-2019 20:03 via cointelegraph.com
  Bitcoin mining’s energy mix is 74.1% renewable energy, according to cryptocurrency investment products and research firm CoinShares
  
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• Introducing temtum the Purpose Built Cryptocurrency

  07-06-2019 20:03
  temtum, the next generation payments network designed to solve inherent problems with existing cryptocurrencies 2019, London, UK – Following the completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will see the next generation cryptocurrency deliver feeless, instant transactions, backed by a highly scalable and quantum secure network. As leading cryptocurrencies such as Bitcoin, Tron, and Ether scramble to develop second layer technology, temtum has been created as a so
  
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• Vancouver Saw the First-Ever Bitcoin ATM. Now Its Mayor Wants to Ban Them

  07-06-2019 20:00
  The decision will affect 76 machines within the city limits.
  
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• Tesla Bear Slams Elon Musk’s Cars as Poorly Made with Limited Popularity

  07-06-2019 20:00
  By CCN: Short seller Jim Chanos has criticized the quality of the cars leaving Tesla plants, reportedly saying they are “poorly made.” The Tesla bear, who profited handsomely from shorting Enron in 2001, also claimed the electric vehicle company’s products are mainly popular with those living on the U.S. coasts, according to Yahoo Finance. In Chanos’ view, Tesla’s direct sales model could be taking the focus of the company away from its core business. Turning away f
  
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• Bitcoin (BTC) Reject Lower Prices, IRS To Clarify On Basic Tax Issues

  07-06-2019 20:00 via newsbtc.com
  BTC bulls absorbing sell shocks
  IRS to clarify emerging concerns in their next update probably in Q3 2019The IRS is set to issue another crypto tax guideline at a tentative time this year after five years of silence. That will better clarify their position as they address pressing queries around crypto valuation, forks, and Air Drops. Meanwhile, BTC is on a recovery path, adding 2.4 percent in 24 hours.
  Bitcoin Price Analysis
  Fundamentals
  Paying taxes is an obligation. It is mandatory and is a
  
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• ‘The War Has Begun’: McAfee Begs Hackers to Fight India’s Bitcoin Ban

  07-06-2019 19:20
  By CCN: “The war has begun.” Thus thundered enigmatic crypto celebrity John McAfee as he issued an all-caps rebuke to India’s bombshell proposal to ban bitcoin ownership and slap offenders with draconian 10-year prison sentences. John McAfee: Anonymous Must Step Up to Fight India’s Draconian Bitcoin Ban Bill Ranting at the proposal in two now-deleted tweets, the software-developer-turned-crypto-promoter did not mince words about the “Banning of Cryptocurrency and Re
  
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• Ethereum (ETH) Recoil From $230, Poised For A 10-Year Rally

  07-06-2019 19:00 via newsbtc.com
  Ethereum (ETH) stable
  Darma confident, expects ETH to rallySellers may be ahead after this week’s drawdown, but that is unnerving to Darma. The hedge fund founders are optimistic, expecting a 10-year ETH bull run. At the time of writing, ETH is edgy, snapping back to trend and stabilizing in the last day.
  Ethereum Price Analysis
  Fundamentals
  The bear market of 2018 damaged portfolios. Prices freely fell, and many projects folded as a result. Thirteen months later, there is a ray of hope f
  
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• ‘Crypto’ for ‘Cryptography’: How Justified Is the Exuberance Around Apple’s Developer CryptoKit?

  07-06-2019 18:48 via cointelegraph.com
  Apple unveils its CryptoKit, stirring up hype in the cryptocurrency community, but is it justified?
  
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• Newsflash: Bitcoin Price Pierces $8,000 as Bulls Defy Bearish Warnings

  07-06-2019 18:43
    By CCN: The bitcoin price zoomed across the psychologically-crucial $8,000 mark as the flagship cryptocurrency continued to claw back the losses it incurred during the recent market downturn. Bitcoin Price Zooms to Four-Day High Bitcoin had languished below $8,000 for much of the past three days, following a brutal correction that smacked BTC/USD as low as $7,432 on Bitstamp, more than 18 percent off the year-to-date peak of $9,096 it set on May 30. However, shortly after 12 pm ET, the bi
  
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• Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies

  07-06-2019 18:30
  India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.
  
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• Dow 35,000: Trump Rails at Fed for Wiping 10,000 Points Off the DJIA

  07-06-2019 18:17
  By CCN: President Donald Trump doubled down on his longstanding claim that the stock market would be 10,000 points higher if the Federal Reserve hadn’t raised interest rates during his first term. President Trump: I Built This Economy In an interview with Fox News’ Laura Ingraham on the 75th Anniversary of D-Day, Trump assured viewers the economy is doing just swell, and would be doing even better with lower interest rates: “I built an economy that’s incredible. We’
  
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• Large Polish cryptocurrency exchange Coinroom committed an exit scam on thousands of users - FXStreet

  07-06-2019 18:07
  Large Polish cryptocurrency exchange Coinroom committed an exit scam on thousands of users  FXStreetOne of the largest cryptocurrency exchanges in Poland, Coinroom, without warning closed down its operations in April, which was said to have been as p.
  
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• Ethereum Classic to Test Code for ‘Atlantis’ Upgrade This Month

  07-06-2019 18:05
  Ethereum classic developers discussed during a call today the possibility of speeding up mainnet activation of system-wide upgrade, Atlantis. In compromise, a slightly adjusted test network activation timeline for June 19 was collectively agreed upon.
  
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• Crypto Market OpenBazaar Confirms Upcoming Support for Ethereum

  07-06-2019 17:52
  By CCN: Casually, OpenBazaar announced this week that it would be adding support for Ethereum. A random promotional tweet from the OpenBazaar account led one follower to ask about support for Ether and Dai, the algorithmic stablecoin which has over 1% of Ethereum locked in its contracts. The official account for the marketplace responded that Ethereum support is almost complete: First Ethereum, Then Tokens? OpenBazaar is a decentralized, censorship-resistant commerce application that allows anyo
  
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• Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings

  07-06-2019 17:20 via cointelegraph.com
  India’s new crypto bill reportedly includes a 10-year jail term for dealing with crypto, but also suggests the development of a national crypto
  
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• 3 Mega Bullish Triggers That Can Set the Cryptocurrency Market on Fire - CCN

  07-06-2019 17:06
  3 Mega Bullish Triggers That Can Set the Cryptocurrency Market on Fire  CCNBy CCN: In investing, there's a saying that goes, “a rising tide lifts all boats.” This adage rings true even in the cryptocurrency world because when one token ...
  
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• 3 Mega Bullish Triggers That Can Set the Cryptocurrency Market on Fire

  07-06-2019 17:03
  By CCN: In investing, there’s a saying that goes, “a rising tide lifts all boats.” This adage rings true even in the cryptocurrency world because when one token becomes bullish, it is likely that other altcoins turn bullish as well. The bullish sentiment tends to get more infectious as more people hop on the bandwagon. In addition to that, profits tend to move from one cryptocurrency to the next. We’ve seen this happen early this year with the smart money pumping the
  
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• May Was Best Month for CME Bitcoin Futures Volume Since 2017

  07-06-2019 16:30
  May was the best month for derivatives giant CME's bitcoin futures volume since its 2017 launch
  
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• Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup

  07-06-2019 16:02 via cointelegraph.com
  The owner of beer brand Corona and Budweiser’s investment arm has backed a blockchain ID startup
  
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• Dow Shoots North But Hedge Fund Pro Warns of 40% Stock Market Crash

  07-06-2019 15:28
  By CCN: The Dow overcame a worrisome jobs report to grind higher on Friday, as the US stock market plowed ahead toward its best week since November 2018. However, one hedge fund legend warns that if Donald Trump fails to mount a successful reelection campaign, his successor could trigger a brutal 40% stock market crash. Dow Seesaws Higher as Economy Backs Fed Into a Corner Wall Street’s major indices sped toward moderate gains on Friday, even after trimming gains during the pre-market sess
  
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• Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec

  07-06-2019 15:21
  A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies.
  
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• Why This Investment Firm is Going Long on Ethereum, Bullish Prospect

  07-06-2019 15:17 via newsbtc.com
  Investment management firm DARMA Capital is going long on Ethereum.
  Formed in 2017, the company manages $100 million worth of digital assets under its Ether Optimized Long fund for accredited investors and institutional clients. They are a CFTC regulated firm, with National Futures Association membership.
  Having headhunted ConsenSys co-founder Andrew Keys, the firm is set to make a big splash in the world of investing. And their expansion is a significant indicator that institutional money wants
  
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• Multi-Billion Crypto Manager Sees Next Halving Triggering Bitcoin Price Boom

  07-06-2019 15:14
  By CCN: In the past six months, the bitcoin price has increased from around $4,000 to $8,000, recording a staggering 115 percent year-to-date gain against the U.S. dollar. Historically, the bitcoin price has tended to recover a year before and after the block reward halving, a mechanism that decreases the rate in which new bitcoin is produced by miners by half. Grayscale, an investment firm that oversees more than $2 billion in assets under management in products such as the widely utilized Bitc
  
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• Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services

  07-06-2019 14:41 via cointelegraph.com
  The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services
  
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• Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP

  07-06-2019 14:27 via cointelegraph.com
  Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
  
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• This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million

  07-06-2019 14:19
  By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot. An estimated $13 million worth of cryptocurrency was saved in the process. A video on
  
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• Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty

  07-06-2019 14:17
  Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.
  
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• Cryptocurrency Winners Are Starting to Emerge - Bloomberg

  07-06-2019 14:00
  Cryptocurrency Winners Are Starting to Emerge  BloombergThere's still a lot of dead wood that needs jettisoning, but a few digital coins are gaining traction.
  
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• Facebook Sources Say That Stablecoin White Paper Will Come on June 18

  07-06-2019 13:56 via cointelegraph.com
  Sources have said that Facebook’s crypto white paper will be released on June 18
  
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