Cryptocurrency news

• Cult of Elon Musk: Groupies Help $40 Billion Tesla Hit Q2 Target

  24-06-2019 23:33
  If there was any doubt regarding the ability of Elon Musk to mesmerize his groupies, just look at the Tesla Owners Silicon Valley group. These starry-eyed Tesla owners are actually volunteering to help the EV giant – a $40 billion for-profit company – achieve its end-of-quarter delivery targets. Donuts for Overworked Tesla Employees In the case of the Silicon Valley group, these Tesla owners delivered donuts to overworked employees at three Tesla locations. According to a quote
  
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• US House of Representatives to Hold Hearing on Facebook’s Libra in July

  24-06-2019 23:10 via cointelegraph.com
  Facebook will testify before two government committees on its proposed virtual currency Libra on July 16 and 17
  
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• Price Analysis 24/06: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, ADA

  24-06-2019 23:10 via cointelegraph.com
  What are the critical resistance and support levels to watch out for? Let’s look at the charts
  
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• Ripple CEO Is Long Bitcoin, Says ‘No One Crypto to Rule Them All’

  24-06-2019 23:00
  By CCN Markets: Forbes caught a comment by Ripple CEO Brad Garlinghouse at the 2019 Brainstorm Finance Conference, sponsored by Fortune magazine. While pointing out that he thinks a variety of coins will thrive in the future, Garlinghouse admitted that he is long on bitcoin. “I don’t think that there will be one crypto to rule them all. I own bitcoin and am long bitcoin.” Thanks to @CliftonLeaf – great conversation about the big week and what it means for the industry mov
  
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• ‘Light-Touch’ Regulation Could Drive Cryptocurrency Forward - Government Technology

  24-06-2019 22:49
  ‘Light-Touch’ Regulation Could Drive Cryptocurrency Forward  Government TechnologyAn Ohio lawmaker is pushing legislation that would define when cryptocurrencies — like bitcoin — were considered a security. The rules would allow companies ...
  
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• Circle and Coinbase's Centre Seeks to Form Consortium to Promote, Issue USDC

  24-06-2019 22:40 via cointelegraph.com
  Coinbase and Circle open up the Centre consortium for new members to join, hoping to increase interoperability and transparency among stablecoins
  
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• Russian Central Bank: Criminals Rarely Use Crypto to Withdraw Stolen Funds

  24-06-2019 22:35 via cointelegraph.com
  A Russian central bank official said that criminals rarely use cryptocurrency to withdraw stolen money
  
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• PreAMo Malware Poses a big Risk to Mobile Cryptocurrency Users - The Merkle Hash

  24-06-2019 22:01
  PreAMo Malware Poses a big Risk to Mobile Cryptocurrency Users  The Merkle HashCryptocurrency users who often rely on mobile devices are prone to various potential security incidents. One recent discovery shows how millions of Android ...
  
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• Following Gold Fractal Would Bring Bitcoin Price to ATH, $16K is Coming Fast

  24-06-2019 22:00 via newsbtc.com
  Over the weekend, Bitcoin price yet again shocked the crypto market and breached the important psychological resistance at $10,000, and soon after tested above $11,000 before a pair of violent rejections below.
  With the price level acting as such an important “FOMO” trigger, one crypto analyst says that $16,000 is coming “fast,” and if Bitcoin price continues to follow a gold market cycle fractal, the leading crypto asset by market cap will be retesting its previous all-t
  
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• Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin’s Run?

  24-06-2019 21:54
  According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with “real-name accounts” issued by local financial institutions. Earlier this month, the Financial Action Task Force, an intergovernmental organization under the G7, proposed guidelines that encourage all crypto exchanges t
  
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• Canadian Blockchain Company Signs Contract with Seoul Ministry of Transportation

  24-06-2019 21:25 via cointelegraph.com
  A Canadian blockchain firm has partnered with Seoul’s Ministry of Transportation to store traffic data
  
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• Seven Countries Where Cryptocurrency Investments Are Not Taxed - Forbes

  24-06-2019 21:12
  Seven Countries Where Cryptocurrency Investments Are Not Taxed  ForbesThere are however, a few countries where cryptocurrencies are not taxed under some or all circumstances, notably for those who buy, hold and sell ...
  
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• Dow Swirls in Holding Pattern Ahead of OPEC, G20, & June Data Dump

  24-06-2019 21:08
  The Dow and broader U.S. stock market traded in a narrow range on Monday, as investors remained on the sidelines in anticipation of a slew of high-profile events later in the week. Dow Ekes Out Modest Gains; S&P 500 Falls Wall Street’s major indexes hovered right around break-even on Monday, which reflected a tepid pre-market for Dow futures. The Dow Jones Industrial Average edged up 8.41 points, or 0.03%, to 26,727.54. The blue-chip index was up by as much as 87 points. The broad S&am
  
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• Former Trump Economic Adviser Expresses Support For Facebook’s Libra

  24-06-2019 21:05 via cointelegraph.com
  Conservative economist and former Trump adviser Stephen Moore thinks Facebook’s Libra cryptocurrency is a good thing
  
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• Malta’s PM: Every Rent Contract to Be Registered on the Blockchain

  24-06-2019 21:00
  The Prime Minister of Malta, Joseph Muscat, has announced that the island nation’s upcoming rent law reforms will require all tenancy contracts to be registered on the blockchain. According to Malta Today, Muscat stated: “Every rent contract in Malta will be registered. The system we will be using to register the contracts is blockchain – distributed ledger technology.” Blockchain Technology Will Make Rent Contracts Tamper-Proof According to Muscat, this will protect the
  
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• Bitcoin hits $11K: A timeline of cryptocurrency's rise, fall and rebound - Fox Business

  24-06-2019 20:52
  Bitcoin hits $11K: A timeline of cryptocurrency's rise, fall and rebound  Fox BusinessBitcoin passes $11,000 on news of Facebook's cryptocurrency plan  The GuardianBitcoin Breaks $10,000: Here's Why The World's Most Popular Cryptocurrency Could Surge to New All-Time Highs  Yahoo FinanceBitcoin hits a 15-month high, propelled by Facebook's Libra cryptocurrency  NBC NewsView full coverage on Google News
  
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• Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle

  24-06-2019 20:30 via cointelegraph.com
  Brazilian Development Bank elected interim president. What does it mean for the crypto development of the country?
  
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• Malta to Register All Property Rental Contracts on Blockchain

  24-06-2019 20:10 via cointelegraph.com
  New regulations in Malta will require that property rental contracts be recorded on a blockchain for security considerations
  
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• Bitcoin Brawl: Ethereum’s Vitalik Buterin Takes on the Crypto Twitter Shills

  24-06-2019 20:08
  The euphoria that followed the bitcoin price’s climb to a new 2019 high above $11,000 couldn’t last forever, and it wasn’t long before some low-volume drama broke out over the weekend on Crypto Twitter. Seemingly apropos of nothing, Dan Held (@danhedl), a pal of Anthony Pampliano and legend of Bitcoin Twitter, reminded everyone that Ethereum mastermind Vitalik Buterin had once tried to raise money to build a quantum computer for Bitcoin mining. Vitalik Buterin’s Quantum B
  
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• Two Israeli Brothers Arrested for Phishing Fraud, Bitfinex Hack

  24-06-2019 20:00
  The brothers two allegedly embezzled over $100 million over a multi-year scam.
  
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• Bitcoin (BTC) At 2019 Highs, Is It Because of The FED’s Dovish Stance?

  24-06-2019 20:00 via newsbtc.com
  Bitcoin (BTC) prints double-digit gains
  Central banks could slash interest rates to avert a global recession, boosting risk assets in the short term & safe havens in the long term Perhaps in anticipation of an economic slowdown and central banks intervening by cutting rates, data suggests fund managers are shifting capital to Bitcoin. In the last week, BTC is up 21.9 percent and likely to surge to $15,000.Bitcoin Price Analysis
  Fundamentals
  At 2019 highs, the world’s most valuabl
  
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• Facebook Adds Senior Job Vacancy for Calibra Wallet on Careers Site

  24-06-2019 19:45 via cointelegraph.com
  Facebook has started advertising for a head of data science to work on its Calibra wallet
  
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• Susquehanna’s Bart Smith: Bitcoin Price Spike Not Driven by Libra

  24-06-2019 19:40
  There’s no shortage of catalysts behind bitcoin’s weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure. Considering that the crypto market rally overlapped with Facebook’s Libra development, however, it’s easy to draw the conclusion that the stablecoin fueled the bitcoin rally. Not so fast, says Susquehan
  
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• Kik’s Claims About Kin Blockchain ‘Inaccurate,’ Coin Metrics Report Alleges

  24-06-2019 19:40 via cointelegraph.com
  Kik has made inaccurate claims about activity on its blockchain to the U.S. Securities and Exchange Commission, according to a Coin Metrics report
  
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• Robinhood Promotes Gretchen Howard to Chief Operating Officer

  24-06-2019 19:31
  Gretchen landed at Robinhood in November 2018 as Vice President of Operations, coming from Alphabet's CapitalG.
  
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• Elon Musk’s ‘Moon Mix-Up’ Was Actually an Epic Bezos Troll

  24-06-2019 19:20
  Billionaires Jeff Bezos and Elon Musk have pulled no punches in their intergalactic rocket-measuring contest, and the Tesla CEO just delivered an epic blow below the Amazon founder’s thrusters. Bizarrely, however, virtually everyone has misinterpreted what looks like a savage troll. Twitter trolls Elon Musk, but the joke is on them Last night, Elon Musk tweeted an image exhorting readers to “Occupy Mars.” But as it turns out, he used the image of a blood red moon instead of the
  
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• Ripple Ambitious, XRP Prices Break Out From A Bull Flag

  24-06-2019 19:00 via newsbtc.com
  Ripple (XRP) bullish after June 22nd price rally
  Over the counter (OTC) XRP trading and non-disclosure agreement could be limiting bullish price action. Relative to BTC or ETH, XRP is lagging. Even though there is Libra and much hubbub about MoneyGram, bulls will begin to show their faces once again once there is a close above 50 cents.
  Ripple Price Analysis
  Fundamentals
  The cryptocurrency landscape can be overwhelming. Complex and multifaceted, the so-called “cryptosphere” is
  
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• Correlation between cryptocurrency prices is decreasing, but still strong - The Block Crypto

  24-06-2019 18:49
  Correlation between cryptocurrency prices is decreasing, but still strong  The Block CryptoCross-asset correlations are still high, but they seem to be decreasing, according to new analysis by The Block. A major issue for cryptocurrency investors is the ...
  
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• 4 Signs Investors are Still Bullish on Cryptocurrency Firms - The Merkle Hash

  24-06-2019 18:41
  4 Signs Investors are Still Bullish on Cryptocurrency Firms  The Merkle HashRaising money in the cryptocurrency world can be done through a wide variety of options. As the recent Inwara report seems to confirm, a lot of money is being ...
  
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• ‘Nuke it From Space!’: National Review Pundit Slams FB’s Cryptocurrency - CCN Markets

  24-06-2019 18:39
  ‘Nuke it From Space!’: National Review Pundit Slams FB’s Cryptocurrency  CCN MarketsFacebook's cryptocurrency project has long been one of Silicon Valley's worst-kept secrets. Even so, Libra's formal announcement elicited a number of ...
  
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• ‘Nuke it From Space!’: National Review Pundit Slams FB’s Cryptocurrency

  24-06-2019 18:39
  Facebook’s cryptocurrency project has long been one of Silicon Valley’s worst-kept secrets. Even so, Libra’s formal announcement elicited a number of incendiary reactions from chattering heads across the political spectrum. Few hot takes, however, were more bombastic than that of National Review Online senior writer Michael Brendan Dougherty, who scolded the government for failing to respond appropriately to Facebook’s naked assault on the US dollar. The appropriate respo
  
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• ‘Nuke it From Space!’: National Review Pundit Slams FB's Cryptocurrency

  24-06-2019 18:39
  Facebook’s cryptocurrency project has long been one of Silicon Valley’s worst-kept secrets. Even so, Libra’s formal announcement elicited a number of incendiary reactions from chattering heads across the political spectrum. Few hot takes, however, were more bombastic than that of National Review Online senior writer Michael Brendan Dougherty, who scolded the government for failing to respond appropriately to Facebook’s naked assault on the US dollar. The appropriate respo
  
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• SWIFT to Allow GPI Payments on Blockchain Platforms

  24-06-2019 18:30 via cointelegraph.com
  SWIFT revealed that it will soon allow GPI payments on DLT-platforms
  
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• Bitcoin passes $11,000 on news of Facebook's cryptocurrency plan - The Guardian

  24-06-2019 18:11
  Bitcoin passes $11,000 on news of Facebook's cryptocurrency plan  The GuardianThe price of bitcoin has surged above $11,000 (£8,600), its highest level in 15 months, amid renewed hype over cryptocurrencies after Facebook said it was ...
  
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• Israeli Crypto Scamming Bros Arrested for 2016 Bitfinex Hack

  24-06-2019 17:43
  Two Israeli brothers have been arrested in connection with a cryptocurrency scam involving “tens of millions” of dollars. Jerusalem-based Eli and Assaf Gigi were involved in a scheme were they accessed traders’ wallets and took the coins for themselves, Finance Magnates reports. The brothers are also reportedly suspected by investigators of links to the 2016 Bitfinex exchange hack. The incident led to the loss of around $65 million in bitcoin in 2016. A police spokesperson refu
  
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• Mozilla Closes Holes That Led to Coinbase Hacks

  24-06-2019 17:30
  Hackers used two simple Mozilla vulnerabilities to spear-phish Coinbase employees.
  
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• Malta To Register All Rent Contracts on Blockchain

  24-06-2019 17:00
  Prime Minister Muscat announced the proposed initiative during a Radio One interview.
  
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• Facebook’s libra cryptocurrency will fail if it doesn’t gain people’s trust - Vox.com

  24-06-2019 17:00
  Facebook’s libra cryptocurrency will fail if it doesn’t gain people’s trust  Vox.comI wouldn't trust Facebook to hold my house keys, and yet I think its libra cryptocurrency effort is exactly the right move for it to make.
  
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• Bitcoin SV Soars To All-Time-Highs, But Is This Down To Manipulation By Whales?

  24-06-2019 16:58 via newsbtc.com
  News has emerged that the overwhelming majority of Bitcoin SV volume comes from just 100 transactions. In comparison, the equivalent figure for Bitcoin is less than 10%. As such, this raises doubts over the legitimacy of the BSV network and its standing as a top 10 coin.86.4% of all Bitcoin SV volume yesterday came from 100 transactions. The BSV network is a total ghost town.
  Despite that, network value is now $4.5 billion, up 300% in the last 45 days.
  Totally insane. pic.twitter.com/5xS2qvNsJc
  
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• What a bit! Crypto Scams and Frauds are Getting Hotter

  24-06-2019 16:57
  Cryptocurrency is getting hot and more popular by the day but with its popularity, it opens doors for people to scam those trying to get into the crypto game. Let’s take a look at a Canadian crypto exchange company. Make sure to subscribe CCNMarkets on Youtube: https://bit.ly/2Kvn6xn
  The post What a bit! Crypto Scams and Frauds are Getting Hotter appeared first on CCN Markets
  
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• What a bit! Crypro Scams and Frauds are Getting Hotter

  24-06-2019 16:57
  Cryptocurrency is getting hot and more popular by the day but with its popularity, it opens doors for people to scam those trying to get into the crypto game. Let’s take a look at a Canadian crypto exchange company. Make sure to subscribe CCNMarkets on Youtube: https://bit.ly/2Kvn6xn
  The post What a bit! Crypro Scams and Frauds are Getting Hotter appeared first on CCN Markets
  
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• IntoTheBlock to Showcase Blockchain Big Data at BTC 2019

  24-06-2019 16:49
  CTO Jesus Rodriguez to show how machine learning can be used for blockchain analysis at the Barcelona Trading Conference
  
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• Russia May Allow Crypto Trading in Upcoming Legislation: Official

  24-06-2019 16:40
  As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed.
  
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• Overvalued Bitcoin Price Won’t Score $40,000 in 2019: Chart Indicator

  24-06-2019 16:33
  Popular cryptocurrency figure Trace Mayer believes that Bitcoin’s recent price gains may have peaked, at least in the medium term. Using his self-created Mayer Multiple, the Bitcoin maximalist this morning tweeted that there was very little chance of Bitcoin hitting $40k in the next couple of months. The Mayer Multiple retrospectively tracks the boom and bust cycles of Bitcoin to give some indication of fair value. Consider it the speed at which Bitcoin’s price moves away from its 20
  
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• First Stablecoin Trading Pairs Listed on Binance DEX

  24-06-2019 15:50 via cointelegraph.com
  Binance has listed trading pairs for USDSB, the first stablecoin to be launched on Binance Chain
  
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• Dow Pounces Higher But UBS Warns of Brutal Stock Market Reckoning

  24-06-2019 15:34
  The Dow and overall US stock market bounced back on Monday, as investors diverted their attention from risks associated with both the US-China trade war and what many fear could develop into an actual war between the US and Iran. Meanwhile, a UBS analyst warns that the global economy is “one step away” from a brutal recession that could ignite a stock market crash. Dow Creeps Toward 27,000 All of Wall Street’s major indices inched toward moderate gains during the morning s
  
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• SWIFT Gives Blockchain Platforms Access to ‘Instant’ GPI Payments Following R3 Trial

  24-06-2019 15:30
  Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.
  
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• The Mother of Central Banks Sounds the Alarm on Facebook’s Cryptocurrency Libra

  24-06-2019 15:18
  The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. In its annual economic report, titled Big Tech in Finance: Opportunities and Risks, the BIS – commonly seen as the central bank of central banks – specifically cites Facebook’s new Libra cryptocurrency as a threat to existing payment services. “Given t
  
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• Coinbase CEO Praises Privacy While Allegedly Blacklisting Anonymous Transactions

  24-06-2019 14:41 via cointelegraph.com
  Praise towards privacy coins expressed by co-founder and CEO of major U.S.-based crypto exchange Coinbase attracts criticism
  
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• Bitcoin Price’s Meteoric 2019 Isn’t Even a Mainstream Trend Yet

  24-06-2019 14:34
  The bitcoin price carved out a new 2019 high on Sunday, piercing above $11,200. The parabolic rally marks a 250 percent recovery from the lows of October 2018. But this price rally is missing one thing: retail investors.  Judging by Google search trends for the phrase “buy bitcoin,” the mainstream is absent from the latest price rise. It’s a sharp contrast to bitcoin’s parabolic bubble in 2017, which was triggered by an influx of the general public. Instead, bitcoin&
  
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