Cryptocurrency news

• Ethereum: Despite Recent Volatility, Analysts Believe ETH Could Soon Test $363

  29-06-2019 23:30 via newsbtc.com
  Despite Bitcoin being in a firm uptrend over the past few months, the aggregated crypto markets have largely experienced lackluster price action, but Ethereum (ETH) may be one of the few exceptions as it has been closely tracking BTC as of late.
  Because ETH has been closely tracking BTC, it has experienced large volatility over the past week, setting fresh year-to-date highs before quickly plummeting lower. Now, analysts believe Ethereum is ready to continue its upwards ascent, which may mean th
  
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• Thawing US-China Trade War Tensions Not ‘Hurting Bitcoin’

  29-06-2019 23:00
  President Donald Trump stunned the world Saturday with the announcement of a ceasefire in the U.S. China trade war. After a high stakes face-to-face meeting with Chinese President Xi Jinping, Trump told reporters that he would be holding off on the threat of more tariffs on $300 billion in Chinese imports. Though the bitcoin price […]
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• Economist Flips From Bitcoin Skeptic to Savant, Acknowledges Crypto’s Staying Power

  29-06-2019 23:00 via newsbtc.com
  To most in the Bitcoin (BTC) and crypto community, mainstream media is viewed with intense skepticism. Case in point, the leading cryptocurrency has been declared dead over 360 times according to 99Bitcoins.
  Most of these attacks come from mainstream outlets, from CNBC and Forbes to the New York Post and Bloomberg. For instance, one Bloomberg op-ed headline published in January 2018 reads: “Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.”
  Related Reading: FUD Storm: Mainstrea
  
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• Bitcoin, The Dollar And Facebook's Cryptocurrency: Price Volatility Versus Systemic Volatility - Forbes

  29-06-2019 22:46 via forbes.com
  Bitcoin, The Dollar And Facebook's Cryptocurrency: Price Volatility Versus Systemic Volatility  ForbesAmid bitcoin's wild price swings, it's worth remembering Bitcoin as a system was designed for systemic stability rather than price stability. In stark contrast, fiat ...
  
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• Democratic Debate & Candidates for 2020 Presidential Elections

  29-06-2019 21:37
  Democratic debate 2020 was filled with cringe, Spanish and some more cringe. Let’s analyze our wannabe Presidents on this segment of What a bit. Make sure to subscribe CCNMarkets on Youtube: https://bit.ly/2Kvn6xn
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• Crypto Will Become Much Harder to Hack After Binance Shares Data

  29-06-2019 21:30
  Eight crypto exchanges have been hacked year-to-date with major exchanges in the likes of South Korea’s Bithumb reporting high-profile security breaches. In the upcoming months, despite the emergence of highly sophisticated technologies and tools employed by hackers, it may become significantly more difficult to hack into crypto exchanges. Why hacking crypto will become harder Any […]
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• Analyst: Bitcoin Could Target $8,200 Next Despite Recent Stability; Is the Bull Run Over?

  29-06-2019 21:30 via newsbtc.com
  Bitcoin has been experiencing some incredibly positive price action over the past few months, but what started out at consistent, steady gains quickly changed into massive volatility after BTC began moving parabolically, which ultimately resulted in the crypto losing its momentum and plummeting from its recent highs.
  Now, it appears that Bitcoin has entered a period of consolidation, bouncing between the upper $10,000 region and the lower $12,000 region. Importantly, one analyst believes BTC&rsq
  
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• Daily Ethereum Transactions Exceed One Million, a First Since May 2018

  29-06-2019 21:21 via cointelegraph.com
  Ethereum’s on-chain daily transaction count crossed one million yesterday for the first time since May 2018
  
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• Discovering Insuretech: Blockchain Disruption of the Insurance Sector

  29-06-2019 20:50 via cointelegraph.com
  Wide implementation of blockchain can make insurance premiums plummet
  
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• IMF Says Central Bank-Backed Crypto ‘Could Become Reality’

  29-06-2019 20:00
  In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. The study, which surveyed central banks, finance ministries, and other government agencies in 189 countries, explicitly stated that central bank-backed crypto assets are […]
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• Crypto Tidbits: Bitcoin Surges, XRP Exchange Hack, LedgerX’s BTC Futures, Chainlink on Coinbase

  29-06-2019 20:00 via newsbtc.com
  Another week, another round of Crypto Tidbits. Wow, what a crazy week it’s been for Bitcoin (BTC). Not only was the market absolutely absurd, with BTC finding itself riding on a proverbial rollercoaster, but so was the underlying industry.
  Related Reading: Analyst: Bitcoin is Still in a Clear Uptrend Despite Recent Crash; is a Move Towards $20k Imminent?
  Over the past seven days, we’ve seen everything really: Bitcoin up 20% in a day’s time, a $2,000 crash in minutes, and bouts
  
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• Bitcoin (BTC) Firm Adding 19.3%, Iranian Authorities Seize Mining Gear

  29-06-2019 20:00 via newsbtc.com
  Bitcoin (BTC) up 19.3 percent
  China changing its wordings on BitcoinSteadfast as they are, Bitcoin bulls could get a shot in the arm in days ahead. That’s albeit news of Bitcoin mining gear seizure in Iran. So far, BTC prices are stable and may thrash predictions if there is a surge past $13,300.
  Bitcoin Price Analysis
  Fundamentals
  After a mostly successful week, there is a predictable correction. Mild as it is, Bitcoin bulls are resilient, rejecting attempts of lower lows. However, consi
  
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• Bitcoin Hover Over $11,800 as Top Cryptos See Gains

  29-06-2019 19:56 via cointelegraph.com
  Bitcoin hovers around $11,800 again as most of the top 20 cryptocurrencies are reporting moderate to significant gains on the day
  
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• U.S. Clean Energy Firm Clearway Energy Will Test Blockchain for Renewable Energy Trading

  29-06-2019 19:24 via cointelegraph.com
  Clearway Energy Group to pilot program for trading renewable energy credits on a blockchain
  
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• Tron (TRX) Responding From 3.1 Cents, Justin Sun Confident of July

  29-06-2019 19:00 via newsbtc.com
  Tron (TRX) steady and bullish above 3.1 cents
  The Tron Foundation plans to buyback TRXAfter announcing a buyback plan, Justin Sun is confident TRX will dominate charts in July. In the same month, he will have lunch with Warren Buffet. At the time of writing, TRX is stable above 3.1 cents.
  Tron Price Analysis
  Fundamentals
  The smart contracting and the idea of asset tokenization is a gold mine. Undoubtedly, it opens doors for enterprising investors, melting borders. Through globalization, tokens
  
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• Maple Leaf Capital: Recent Bitfinex IEO Ampleforth Token is Not Stable

  29-06-2019 18:55 via cointelegraph.com
  Bitfinex’s first Initial Exchange Offering, Ampleforth, is not stable according to crypto investment firm Maple Leaf Capital
  
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• Cryptocurrency miners are using subsidized energy in Iran, and it's weighing on the national grid - The Block Crypto

  29-06-2019 18:42 via theblockcrypto.com
  Cryptocurrency miners are using subsidized energy in Iran, and it's weighing on the national grid  The Block CryptoIranian cryptocurrency miners are taking advantage of subsidized energy in the country, and it is putting pressure on its power grids, Bloomberg News reports.
  
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• This Is What Investors Are Getting Wrong About Facebook's Cryptocurrency - Forbes

  29-06-2019 18:34 via forbes.com
  This Is What Investors Are Getting Wrong About Facebook's Cryptocurrency  ForbesRegardless of what you think about Facebook, it is an immoveable force in the world of big tech. The social media giant June 18 unveiled Libra, a global ...
  
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• Warren Buffett’s Portfolio Lifted by Fintech Stocks. Is Bitcoin the Reason?

  29-06-2019 18:30
  As Berkshire Hathaway finishes out Q2 2019, its top 10 performing stocks were dominated by fintech companies that are making innovations in digital payments. Warren Buffett may have bitcoin and crypto to thank. They may be what’s keeping Berkshire buoyant despite the $3 billion Kraft Heinz writedown in Q1. That resulted in a $4.3 billion […]
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• Even With Money Tap, Ripple (XRP) Is Struggling, Slides 6.4%

  29-06-2019 18:00 via newsbtc.com
  Ripple (XRP) prices down 6.4 percent
  Money Tap welcome more banks as Bitrue lose $4.2 millionNoticeably, the altcoin season is far from impressive. XRP is under pressure and liquidating encouragingly above support levels. Good news is that fundamentals are solid. Bullishly, Money Tap, which use xCurrent, replaced Resona Group with seven more Japanese banks meaning there is demand for Ripple’s solutions in South East Asia.
  Ripple Price Analysis
  Fundamentals
  The buzz around the so-called &l
  
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• Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association - Cointelegraph

  29-06-2019 17:23 via cointelegraph.com
  Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association  CointelegraphA group of trade associations representing several national Virtual Asset *Service* Providers announced the launch of a global collaboration for firms in the indu...
  
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• Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association

  29-06-2019 17:23 via cointelegraph.com
  A group of national crypto associations has announced their commitment to a global initiative for firms in the industry
  
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• Bitcoin Bulls Spreading Fake News About Golden Asteroid: Peter Schiff

  29-06-2019 17:15 via newsbtc.com
  Bitcoin bulls are spreading fake news about a golden asteroid that will make every earthling a billionaire, says Peter Schiff of Euro Pacific Capital.
  The chief executive officer said on Saturday that 16 Psyche, one of the ten most cumbersome asteroids in the asteroid belt, does not necessarily have gold deposits, as being covered by international media outlets. Schiff stated that the psyche’s composition is similar to that of the earth’s core, adding that it could contain a whole am
  
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• OneCoin Crypto Scam Boss Faces Jail Trial after $20 Million Bail Fail

  29-06-2019 16:45
  The CEO of the OneCoin cryptocurrency scam, Konstantin Ignatov, will have to undergo trial while still in custody. The New York Southern District Court’s Judge Edgardo Ramos denied a bond application filed by Ignatov despite the top leader of the cryptocurrency scam having proposed attractive release conditions, as first ported by Finance Feeds. Ignatov is […]
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• Your Old Baseball Cards Are a Better Store of Value Than Bitcoin

  29-06-2019 15:55
  One of the primary arguments in favor of bitcoin is that it is a “store of value.” It makes sense on the surface, but when one digs into the meat of this claim, it comes up with less beef than a Beyond Meat burger. Evaluating Bitcoin as an Investment Commodity The category of “investment commodity” […]
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• Cryptocurrency This Week: Ahead Of Crypto Bill, Indian Crypto Exchange Koinex Shuts Down, And More - Inc42 Media

  29-06-2019 15:53 via inc42.com
  Cryptocurrency This Week: Ahead Of Crypto Bill, Indian Crypto Exchange Koinex Shuts Down, And More  Inc42 MediaAs cryptocurrency exchange Koinex shuts down, Madhya Pradesh STF claims to have busted a crypto racket which allegedly duped over 1000 investors.
  
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• Bullish Billionaire Investor Regrets Not Selling Bitcoin at $13,800

  29-06-2019 14:49
  On June 27, billionaire investor and Galaxy Digital CEO Mike Novogratz said in an interview with CNBC that he wished he had sold more when the bitcoin price achieved a new 2019 high at $13,800. After reaching its yearly high, the bitcoin price dropped by around 30 percent against the U.S. dollar, experiencing an expected […]
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• Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto Libra

  29-06-2019 13:47
  Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with Facebook about the potential listing. Though he said discussion is, “very much at a preliminary stage.” The revelation is some […]
  The post Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto
  
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• Squad Up! Millennial Gamers Will Pave Way to Bitcoin Adoption

  29-06-2019 12:38
  The link between gaming and crypto is so strong, that were it not for Vitalik Buterin’s encounter with World of Warcraft, the Ethereum creator would never have founded the most well-known alternative to Bitcoin. That’s a link in a chain that has already looped back on itself; more millennials now say they’d invest in cryptocurrencies […]
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• Facebook’s Libra Crypto Code Draws Critiques and Clones on GitHub

  29-06-2019 12:05
  Would-be coders and eager trolls are digging into the early code for Facebook's Libra blockchain.
  
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• Facebook’s Libra Crypto Code Draws Critiques and Clones

  29-06-2019 12:05
  Would-be coders and eager trolls are digging into the early code for Facebook's Libra cryptocurrency.
  
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• Belden Entertainment England Payment Gateway Publication

  29-06-2019 11:33
  Since the beginning of Bitcoin in year 2009, The cryptocurrency began to emerge. Meanwhile, there are over 1600 kinds of cryptocurrency trading in the whole world, the market value of the entire cryptocurrency market has exceeded 3 trillion dollars; But on the other hand, the number of blockchain users is growing at a rapid rate […]
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• AI Goes Full Blockchain with Cortex MainNet Launch

  29-06-2019 10:29
  Cortex Labs, the world’s first team to successfully combine AI and blockchain, has launched its MainNet on schedule after 15 months of innovation and development. The Cortex MainNet arrived on June 26, 6 PM GMT+ 8, thus introducing to the world the first open, public, AI-powered ecosystem. Cortex Labs is on a mission to democratize […]
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• Billions to Trillions: Crypto Assets and the Inevitability of Digitization

  29-06-2019 10:00
  As with the evolution of music consumption, digitization of securities will have far-reaching effects, writes Ami Ben David of Ownera.
  
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• What Does A Bitcoin Crash Look Like From Here?

  29-06-2019 09:57
  After Bitcoin gets to certain heights, and the natural retracements begin, people often say it’s “crashing.” But the levels they’re talking about it “crashing” to are often higher levels than the price was living at before. Is $10,000 or $20,000 The New Bitcoin Bottom? You have to wonder whether this is positive or negative for […]
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• Cryptocurrency advancements propel global hopes - The Japan Times

  29-06-2019 09:00 via japantimes.co.jp
  Cryptocurrency advancements propel global hopes  The Japan TimesMike Kayamori, the co-founder and CEO of Liquid Group Inc., spoke about how blockchain technology is changing society and associated global trends at The J.
  
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• Crypto Markets Dump $55 Billion as Bitcoin Correction Deepens

  29-06-2019 09:00 via newsbtc.com
  An inevitable correction has begun since crypto markets hit their giddy heights of $387 billion market capitalization on Thursday. Saturday morning paints a different picture as Bitcoin cools off heading south in a predicted pullback.
  Crypto Correction Deepens
  Since Thursday’s Bitcoin and crypto market peak things have taken a predictable turn south. Bitcoin fell from its 15 month high of $13,800 down to $10,300 marking a 25 percent decline. Yesterday BTC appeared to recover a little, gett
  
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• Bitcoin Rebound Facing Resistance: More Downsides On The Cards?

  29-06-2019 07:00 via newsbtc.com
  After correcting towards the $10,400 support, bitcoin price recovered above $11,000 against the US Dollar.
  The price broke the $11,800 resistance, but it faced a strong resistance near the $12,400 level.
  There was a break below an ascending channel with support near $11,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair might decline further towards the $11,000 before it could start a fresh increase.Bitcoin price started a decent recovery above $11,800 against the US
  
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• Popular Analyst Sees Bitcoin Mirroring the 2012 Bull Run

  29-06-2019 04:00
  Many traders were caught off guard by bitcoin’s recent ascent past $13,000. Suddenly, however, BTC sharply fell by about 20% after reaching a high of almost $14,000. Many in the Crypto Twitter community were expecting a long consolidation period after BTC dropped by almost 85 percent from all-time highs of $20,000. That’s why some of […]
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• Space Holds The Key to The Bitcoin (BTC) Moon Mission: Flipping Gold

  29-06-2019 03:00 via newsbtc.com
  Space might be the final frontier, but it also might end up being the final showdown between crypto asset Bitcoin and the precious metal and chemical element known as gold. In a wild story that sounds like it was ripped from the pages of science fiction novels, NASA is planning a space mission to an asteroid comprised of previous metals – such as gold – to conduct extensive scientific research that could uncover the viability of mining the astroid for the supposed over $10 quadrillio
  
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• Goldman Sachs Eyes the Blockchain, Crypto Community Yawns

  29-06-2019 03:00
  Goldman Sachs is reportedly more interested in the blockchain than ever, with in-depth research going into the concept of tokenization. Blockchain Good, Crypto Great? The firm wants in on the decentralized ledger goods now all of a sudden. Let’s not get off the rails. This is a good thing. If only the blockchain had existed […]
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• Facebook Exec Takes Fall for Libra Name, Denies Copying Winklevosses

  29-06-2019 02:15
  It’s deja vu all over again. Facebook executive David Marcus is taking the blame for Libra, saying it was him, not his boss Mark Zuckerberg, who named the new digital currency. Marcus isn’t apologizing for it, however. On the contrary, he’s insisting that the name Libra had nothing at all to do with Gemini, the […]
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• IMF Predicts Central Banks to Issue Digital Currencies

  29-06-2019 02:14 via cointelegraph.com
  The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
  
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• Analyst: Bitcoin is Still in a Clear Uptrend Despite Recent Crash; is a Move Towards $20k Imminent?

  29-06-2019 02:00 via newsbtc.com
  Bitcoin has once again been caught in the throes of massive volatility, experiencing a parabolic price surge yesterday before plunging over 20%. This price action has led many investors to quickly flip bearish on BTC, but a bullish response to its latest drop could lead it significantly higher.
  Analysts are now noting that Bitcoin is still caught in a firm uptrend in spite of this recent volatility, which likely signals that it will continue climbing higher in the near-future.
  Bitcoin Begins Cli
  
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• Crypto Trader Warns of 40% Bitcoin Price Drop Before Monster Bull Run

  29-06-2019 01:00
    Bitcoin was on a massive tear and the parabolic run was unstoppable as the crypto reached $13,000. It has declined since but is up on the weekly timeframe. While many long-term investors are euphoric over this juggernaut ascent, some experienced traders are starting to feel anxious. The trend reversal is so strong that a […]
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• Blockchain Association to Oversee Spending of the Defend Crypto Fund

  29-06-2019 01:00 via newsbtc.com
  The Blockchain Association has taken over the “Defend “Crypto” fund setup to help finance the legal battle between Kik and the SEC. The social messaging firm has stated that it feels the money could be better put to use by the industry collectively.
  Kik will take back the original $5 million it had donated to get the fund off the ground. The remaining money  be under the Blockchain Association’s care and will go towards protecting crypto assets.
  Kik Donates Donations
  
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• Bitcoin v. BitcoinCash Rivalry is Heating Up, But Crypto Space May Be Moving On

  29-06-2019 01:00 via crypto-news.net
  In August, 2017 the Bitcoin scaling debate reached its zenith when opponents of Segregated Witness (SegWit) forked the main chain to create Bitcoin Cash. Supporters of the two cryptocurrencies have since sought to discredit each other in what has been by-far the most vocal turf war in the crypto space. Nevertheless, although there is still no clear winner in determining which version of Bitcoin will become the universal standard, the issue is losing relevance as blockchain development presses ah
  
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• Craig Wright Spars With Kleiman Lawyers in Combative Courtroom Appearance

  29-06-2019 00:30
  It was an emotional day for the self-professed creator of bitcoin as he testified in the on-going Kleiman lawsuit.
  
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• Iran's cryptocurrency miners are feeling the heat this summer - Aljazeera.com

  29-06-2019 00:21 via aljazeera.com
  Iran's cryptocurrency miners are feeling the heat this summer  Aljazeera.comIran officials say crypto mining is overtaxing the national power grid. But miners say they're being scapegoated.
  
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• Crypto Markets Are Green Across the Board as Bitcoin Crosses $12,000

  29-06-2019 00:03 via cointelegraph.com
  Bitcoin brieflysank to $10,380 on Thursday, but is back to trading over $12,000 in a majority-green market
  
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