Cryptocurrency news

• If History Rhymes, Bitcoin May Be Trading Around $12,000 By the End of July

  15-06-2019 23:30 via newsbtc.com
  Bitcoin (BTC) and the general crypto markets have been on the up-and-up over the past several months, incurring significant buying pressure that has allowed them to surge significantly from their 2018 lows that were mostly established in December of last year.
  Now, analysts are noting that Bitcoin may soon surge higher based on a historical analysis, which means that BTC could be trading around $12,000 by the end of July.
  Bitcoin Surges to $8,800 as Bulls Flex Their Strength 
  At the time of
  
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• Family Offices Pour Billions Into eSports, Can Crypto be Next?

  15-06-2019 23:00 via newsbtc.com
  Over recent years, eSports — and gaming, in general — have blown up. You may think crypto may have seen growth, but so too has this fledgling sector. Estimates state that eSports have a global audience of hundreds of millions, most of which are presumably teen-aged or millennial-aged men, and industry value in the billions.
  While these two industries have almost nothing to do with each other, the growth of gaming may result in a correlated growth in cryptocurrency and blockchain. Her
  
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• Game of Thrones ‘Deepfake’ Video Rubs Salt in Wounds of Upset Fans

  15-06-2019 22:30
  By CCN Markets: It seems impossible that the famous “Downfall” video meme would ever face serious competition, but the advent of deepfake videos may de-throne this internet favorite. The latest internet deep-fakery video meme comes in the form of Jon Snow criticizing the final season of “Game of Thrones.” “It’s time for some apologies. I’m sorry we wasted your time. I’m sorry we didn’t learn anything from the ending of “Lost.” I h
  
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• Analysts Expect Ethereum to Follow Litecoin’s Lead and Skyrocket in Near Future, Here’s Why

  15-06-2019 21:30 via newsbtc.com
  The aggregated crypto markets have been facing an influx of bullish momentum over the past several months that is showing few signs of slowing down anytime soon. This momentum is allowing altcoins, like Ethereum (ETH), to incur strengthening technical formations that will likely allow it to surge higher in the near-future.
  Now, analysts expect Ethereum to mimic the incredibly bullish price movements that Litecoin has made over the past several weeks, which means that ETH may soon set fresh year-
  
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• What a bit! New York Introduces a State Bill to Decriminalize Sex Work

  15-06-2019 21:09
  New York introduces a bill that will decriminalize sex workers. This state-wide bill is back by a coalition of more than 30 organizations across LGBTQ R’ US, racial justice and immigrant rights. This is truly amazing sex workers have always been in the shadows almost like the boogeymen of our society. We know they exist but we choose to ignore them and most of us, just accept prostitution as this vile and low act. I’ve always found it strange that prostitution was illegal.
  The post W
  
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• The Strange Case of CCN and the Google June 2019 Core Update

  15-06-2019 20:10 via cointelegraph.com
  Did Google just kill one of the crypto industry’s oldest news outlets? Cointelegraph attempted to find out
  
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• Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients

  15-06-2019 20:00 via newsbtc.com
  Another week, another round of Crypto Tidbits. It would be fair to say that the past seven days for Bitcoin (BTC) and its ilk have been rather spectacular. Aside from mostly bullish price action, which brought the cryptocurrency to $8,650 for the first time in weeks, instrumental industry developments were numerous.
  Twitter’s chief executive Jack Dorsey doubled-down on his support for Bitcoin, again lauding it for its potential to become the world’s digital currency. Uber, Lyft, and
  
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• Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B ‘Soon’

  15-06-2019 19:54 via cointelegraph.com
  About $1.3 billion worth of crypto assets under custody is held by Coinbase Custody and the firm expects to hit $2 billion soon
  
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• Court Orders ‘Bitcoin Inventor’ Craig Wright to Put Up or Shut Up

  15-06-2019 19:41
  By CCN Markets: A Florida judge ordered Craig Wright — the self-proclaimed inventor of bitcoin — to put up or shut up if he wants to prove that he’s Satoshi Nakamoto. In a June 14 motion to compel, federal magistrate judge Bruce Reinhart ordered Wright to produce a list of all the bitcoin he mined prior to December 31, 2013. The judge set a June 17 deadline for Wright to produce the list of his bitcoin holdings — or else face court-ordered sanctions. Judge to Craig Wright
  
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• Tesla Bull Says Stock Will Rise 133% by This Time Next Year

  15-06-2019 19:00
  By CCN Markets: Despite the performance of Tesla’s stock this year, there’s no shortage of TSLA bulls. Even though the stock has lost around 25% of its market cap year-to-date, Alexander Haissl of Berenberg told CNBC he is looking for a price target of $500. The stock is currently hovering at $214. “We maintain our bullish view on Tesla and see no reason to walk away from our price target of $500. Demand worries are overblown, as the Q1 volume weakness was largely self-inflicte
  
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• Scientists track cryptocurrency discussions on Reddit to learn how disinformation spreads - GeekWire

  15-06-2019 19:00
  Scientists track cryptocurrency discussions on Reddit to learn how disinformation spreads  GeekWireScientists analyze Reddit's discussions about cryptocurrency to see how online chatter can predict market behavior and gain insights into how disinformation ...
  
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• Bitcoin Surpasses 1 Million Daily Active Addresses

  15-06-2019 19:00
  The last time Bitcoin shot past 1 million daily active addresses was in November, 2017.
  
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• Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

  15-06-2019 18:30 via cointelegraph.com
  On June 18, social media giant Facebook will reportedly unveil the Libra Association governing its cryptocurrency project
  
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• Remember MySpace? Underestimate Facebook Crypto at Your Own Peril

  15-06-2019 17:37
  By CCN Markets: When it comes to what’s gone wrong with Big Tech, the only surprise you would expect is if Facebook was missing from the list. From data privacy violations to aiding genocide to enhancing the spread of fake news, the social media giant has become a global ignominy. But for Facebook, those are trivial inconveniences, and the social media giant is now eyeing the financial services niche. The $0.5 trillion company has already confirmed plans to launch a cryptocurrency known as
  
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• It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake

  15-06-2019 17:15
  The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.
  
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• This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

  15-06-2019 17:11
  By CCN Markets: A cryptocurrency investment scheme in South Africa’s Kwa-Zulu Natal Province has proven that having an unoriginal name, Bitcoin Wallet, never stopped any scam from raking in tens of thousands of dollars daily from the masses. According to The Citizen, the cryptocurrency scam is operating from Kwa-Zulu Natal’s rural town of Ladysmith. The scam is estimated to be drawing in R2 million ($135,000) daily in a town of just over 60,000 people. The investment scheme owned and
  
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• Google Teaches Ethereum: Inside Google’s Cloud-Blockchain Ethereum Hybrid

  15-06-2019 16:52
  By CCN Markets: So, you may have heard that Google Cloud Services now support Ethereum smart contracts. Not only that, but Google is expending its resources learning how the smart contract platform works and teaching people how to integrate with Google’s services. Blockchain Becomes Mainstream, Mainstream Businesses Need Easy Access It’s no secret that none of the tech giants want to be left out of the blockchain race, but Google has been mostly silent on the issue. The company makes
  
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• Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

  15-06-2019 16:08 via newsbtc.com
  The total crypto market cap gained momentum and broke the key $252.0B resistance area.
  Bitcoin price surged above the $8,500 and $8,650 resistance levels.
  Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134.
  Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels.
  EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area.
  Stellar (XLM) price is about to gain momentum above the $0.1250 level.The crypto mark
  
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• I Was Reddit’s First (And Only) Cryptocurrency Engineer

  15-06-2019 15:35
  Before his move to supporting Craig Wright's bitcoin SV, Ryan X Charles describes his short-lived tenure at reddit and the trolls who made his life hell.
  
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• US Regulator Fines and Suspends Former Banker for Mining Bitcoin

  15-06-2019 15:11
  By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice. Kim is an ex-employee of Bank of America-owned broker-dealer Merrill Lynch, Pierce, Fenner & Smith Inc. FINRA claims Kim’s bitcoin mining venture was a violation o
  
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• Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto

  15-06-2019 14:10 via cointelegraph.com
  Banks and former officials in South Korea turn to blockchain for fintech improvement but still without incorporating cryptocurrency
  
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• Bitcoin Price Jumps Above $8,700 following Binance US Closure

  15-06-2019 13:00 via newsbtc.com
  Bitcoin is becoming a hedging instrument even against the rest of the cryptocurrency market.
  The largest cryptocurrency profited as much as 6 percent on Friday to close above $8,700. At the same time, other leading cryptocurrencies, such as Ethereum, Litecoin, and EOS, trended in negative territory. The massive contrast between the bitcoin and the rest of the cryptocurrency market indicated a capital flight. Traders suggestively exchanged a bulk of altcoins for bitcoin as a safety measure a
  
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• Ethereum to Skyrocket by 70 Percent Against Bitcoin, Predicts Analyst

  15-06-2019 10:46
  By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher against bitcoin and follow the price action of its USD counterpart: Looks like it's time for $ETH| $BTC to catch up to $ETH| $USD pic.twitter.com/3KDafuWYCG — 
  
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• $10 Billion Flows Back into Crypto Markets Despite Binance FUD

  15-06-2019 10:00 via newsbtc.com
  Crypto markets surge $10 billion on Saturday; Bitcoin leading, Litecoin, EOS, XMR and NEO following, BNB sliding. 
  Market Wrap
  Despite a lot of FUD emanating from the US and their flailing relationship with crypto exchanges, markets have actually gained over the past 24 hours. Over $10 billion has flowed back into crypto assets as Bitcoin broke through resistance and pulled the rest of the market back up with it. Total capitalization is back over $270 billion again as we enter the weekend.
  
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• Altcoin Crypto Trading Axed For Americans as Bittrex Follows Binance

  15-06-2019 09:00 via newsbtc.com
  News that the world’s largest crypto exchange by trading volume, Binance, has curtailed services to US customers sent shockwaves across the crypto community yesterday. Today it is the turn of Bittrex which has followed suit by announcing that certain markets will no longer be accessible to US clients.
  Crypto Assets Moving to Bittrex International
  In an email to its users and an official announcement on its website, Seattle Washington-based Bittrex stated that it would be making major marke
  
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• Redeeming ICOs: Understanding the New DApp System as Explained by ADN’s Einstein

  15-06-2019 08:55
  Recent news broke about the publishing of ADN’s official press releases on cryptocurrency news outlets like CoinTelegraph, CCN, and BitcoinMagazine. This was soon followed by announcements revealing the successful listing of ADN Coin on premier cryptocurrency exchanges like BitForex and Coinbene. Final preparations are underway, and many in the ICO community are anticipating the launching of ADN’s mainnet. To satisfy our curiosity, we contacted Tad Einstein, CIO of ADN. He is working
  
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• New Report Illustrates The Problem With Cryptocurrency Exchanges - Forbes

  15-06-2019 08:39
  New Report Illustrates The Problem With Cryptocurrency Exchanges  ForbesNew report suggests 95% of reported daily volume might be fake.
  
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• Will Facebook’s “Libra” cryptocurrency outcompete Bitcoin? - CryptoSlate

  15-06-2019 07:56
  Will Facebook’s “Libra” cryptocurrency outcompete Bitcoin?  CryptoSlatePeter Schiff, the CEO of brokerage firm Euro Pacific Capital, believes Facebook's Libra cryptocurrency will outcompete Bitcoin on stability and fees.
  
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• Bitcoin (BTC) Price Hits First Target: Can Bulls Hit $8.8K or $9K?

  15-06-2019 07:00 via newsbtc.com
  Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar.
  The price is gaining momentum and it seems like it could even trade towards the $8,800 level.
  There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair might dip a few points, but it remains well bid above the $8,460 pivot level.Bitcoin price extended gains above the $8,500 resistance against the US Dollar. BTC
  
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• An Introductory Guide to Leveraged Cryptocurrency Trading on Monfex - The Merkle Hash

  15-06-2019 06:52
  An Introductory Guide to Leveraged Cryptocurrency Trading on Monfex  The Merkle HashMonfex is a cryptocurrency trading platform which operates on a different level than most. It is actively offering the best features to its users, ranging from high ...
  
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• Elon Musk Spreads FOMO with California Tax-Infused Tesla Sales Pitch

  15-06-2019 04:00
  By CCN Markets: Elon Musk is bringing the FOMO, or Fear of Missing Out. The Tesla CEO tweeted out a reminder that federal tax credits for buying a Tesla will drop by half on July 1. He pointed out in another tweet that EV buyers in California will still have the Golden State’s $2,500 tax credit. US tax credit of $3750 drops in half for Tesla on July 1. Order online in a few mins at https://t.co/46TXqRrsdr. Return in 7 days for full refund. — Elon Musk (@elonmusk) June 14, 2019 The Te
  
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• FanDuel Says Cryptocurrency Co. Stiffed It $100K - Law360

  15-06-2019 03:21
  FanDuel Says Cryptocurrency Co. Stiffed It $100K  Law360Fantasy sports online platform FanDuel has filed suit in New York state court accusing cryptocurrency provider GameCredits Inc. of failing to pry open its real-life ...
  
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• Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery

  15-06-2019 02:11 via cointelegraph.com
  Dispatch Labs’ total remaining investment had dropped by more than half — from $13 million to around $6.5 million, in the aftermath of market drop
  
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• John McAfee Pledges to Expose Corruption in the US Government

  15-06-2019 02:00
  By CCN Markets: In a somewhat bizarre video tweet around lunch on Friday, cryptocurrency aficionado and repetitive presidential candidate John McAfee said he’s launching a website dedicated to exposing corruption in the U.S. government. This will perhaps be McAfee’s second-most important launch of recent times, having recently unveiled a cryptocurrency exchange. Corruption within the American Government pic.twitter.com/VyWIpqKKbm — John McAfee (@officialmcafee) June 14, 2019 Cr
  
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• Bitcoin Continues Respecting Seven-Year Trendline as Bullish Momentum Flourishes

  15-06-2019 02:00 via newsbtc.com
  Bitcoin (BTC) has incurred a large amount of buying pressure over the past couple of days that has allowed it to climb well into the $8,000 region, which appears to have signaled that the cryptocurrency’s bulls are not yet ready to surrender their control of the crypto.
  Bitcoin’s recent bullishness has allowed the crypto to maintain above a long-term trendline that has held over the past seven years, which may signal that significantly further bullish momentum is imminent in the near
  
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• Brad Pitt in Elon Musk-Like Move Backs Nuclear Fusion Startup

  15-06-2019 01:10
  By CCN Markets: Hollywood movie star Brad Pitt has reportedly invested in a “cold fusion” startup dubbed Industrial Heat, The Financial Times reports. Joining him for the capital venture into futuristic clean energy are Laurene Powell Jobs and English fund manager Neil Woodford. Incidentally, Pitt plays a Hollywood stunt double in Quentin Tarantino’s upcoming film, “Once Upon A Time in Hollywood.” It hits theaters on July 26. New #OnceUponaTimeinHollywood pic with #
  
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• Glory Kickboxing Launches Litecoin Fight Night Payments With LTC VIP Package

  15-06-2019 01:00 via newsbtc.com
  International kickboxing promotions firm Glory has started accepting Litecoin payments for tickets. To celebrate the announcement, the company is offering those choosing to pay using the crypto asset an exclusive package to really enjoy a fight in style.
  The firm first announced the partnership with the Litecoin Foundation earlier this year. However, this will be the first time that tickets for a fight can be paid for using digital currency.
  Glory Kickboxing Launches Litecoin Payments for Fights
  
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• Binance To Block US Customers, Announces New Exchange For American Citizens

  15-06-2019 01:00 via crypto-news.net
  Binance has announced that it will no longer allow US citizens to use its primary exchange services. American customers have been given a 90 day grace period, after which deposits and trading will be blocked. This change comes just one day after the company had revealed that it is going to create a platform exclusively for customers in the United States.
  The adjustment in Binance’s platform structure is part of an attempt by the Malta-based company to cooperate with different financial reg
  
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• US Residents Will Lose Access to Many Altcoins on Binance Starting in September

  15-06-2019 00:39 via cointelegraph.com
  Cryptocurrency investors will be unable to trade many tokens after Binanace’s main exchange platform becomes unavailable to U.S.-based accounts in September
  
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• United States Residents Will Lose Access to Many Altcoins Starting in September

  15-06-2019 00:39 via cointelegraph.com
  Cryptocurrency investors will be unable to trade many tokens after Binanace’s main exchange platform becomes unavailable to U.S.-based accounts in September
  
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• Facebook’s cryptocurrency foray leads bitcoin to its best trading stretch in 3 weeks - MarketWatch

  15-06-2019 00:37
  Facebook’s cryptocurrency foray leads bitcoin to its best trading stretch in 3 weeks  MarketWatchReports that Facebook Inc. is about to roll out a cryptocurrency as soon as next week have helped bitcoin to notch its best weekly trading period in about...
  
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• Did JP Morgan Just Make a Secret Side Bet on Bitcoin?

  15-06-2019 00:05
  JP Morgan might not believe Bitcoin is the future of finance, but the banking giant could be hedging its bets. The bank is quietly seeking to hire a Bitcoin scaling expert. JP Morgan denies it will engage with public cryptocurrencies in any manner. By CCN Markets: According to reporting by Frank Chaparro for The Block, JP Morgan is looking to hire someone with general Bitcoin scaling technology knowledge, though they’re explicitly not looking to build on Bitcoin. More ‘Blockchain, No
  
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• Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project

  15-06-2019 00:03 via cointelegraph.com
  Facebook’s crypto project has reportedly secured support from dozens of stakeholders in.various industries, including telecommunications, e-commerce, and media
  
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• Jack Dorsey Believes the Internet Will Soon Have One Currency, But Will It Be Bitcoin?

  15-06-2019 00:00 via newsbtc.com
  Jack Dorsey, the founder of popular social media app Twitter and of the widely used payment processing service Square, has long been a notable proponent of Bitcoin, previously stating that he believes BTC could one day be the singular global currency.
  Now, Dorsey is further doubling down on his bullishness for Bitcoin and crypto in general, explaining in a recent interview that he believes the internet – much like a country – will soon need to have a currency native to itself. But wi
  
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