Cryptocurrency news

• New ECB Boss is “Extremely” Pro-Crypto; What Could This Mean for Bitcoin?

  07-07-2019 23:30 via newsbtc.com
  Investors and proponents of Bitcoin and the aggregated crypto markets have long believed that the ultimate pinnacle of adoption would be found when governments and central banks began growing friendly towards the nascent technologies.
  Now, the nominee who is replacing the outgoing European Central Bank (ECB) head is pro-crypto herself and has shown tremendous interest in how the nascent tech can help shape the future’s global economy.
  ECB Boss is Pro-Crypto, Will This Help Spark Adoption?
  
  Read more

• Hodler’s Digest, July 1–7: Top Stories, Price Movements, Quotes and FUD of the Week

  07-07-2019 23:08 via cointelegraph.com
  This week in the Hodler’s Digest, Facebook faces growing resistance over libra, and a banking boss makes an extravagant U-turn
  
  Read more

• Bitcoin Bull Puts Money Where His Mouth is, Holds 50% of Wealth in BTC

  07-07-2019 23:00 via newsbtc.com
  For a while now, Anthony Pompliano has been a leading champion of Bitcoin (BTC). Best known as “Pomp”, the Facebook staffer-turned-crypto investor and media tycoon has garnered over 100,000 followers on Twitter while lauding BTC.
  Case in point, his catchy quips, “Long Bitcoin, Short the Bankers” and “Bitcoin is never down”, have become industry favorites, and his incessant use of the rocketship and fire emojis have become a running joke in the community.
  Relat
  
  Read more

• Venture Capitalist Gushes Over Tesla, Says Elon Musk ‘Walks on Water’

  07-07-2019 22:35
  With all the grief he gets from Wall Street, Elon Musk needs all the friends he can get. Bruce Croxton, the co-founder of Ontario-based venture capital firm Round 13 Capital, described Tesla CEO Elon Musk as “the GOAT of entrepreneurs” who “walks on water” as far as he is concerned. In a chat with BNN […]
  The post Venture Capitalist Gushes Over Tesla, Says Elon Musk ‘Walks on Water’ appeared first on CCN Markets
  
  Read more

• Advertisement

• Deleting Alexa Recordings Won’t Rescue Your Data from Amazon

  07-07-2019 22:26
  Amazon’s Alexa is one of the most widely used home assistants in North America. However, in a country where privacy is a highly-cherished right, users may be sacrificing this privilege without their knowledge or consent. Two months ago, U.S. Senator Chris Coons (D-Del.) sent a letter to Jeff Bezos inquiring about Amazon’s data retention policies […]
  The post Deleting Alexa Recordings Won’t Rescue Your Data from Amazon appeared first on CCN Markets
  
  Read more

• Blockchain for the Food, How Industry Makes Use of the Technology

  07-07-2019 21:59 via cointelegraph.com
  In 2019, blockchain has been piercing the food industry at an accelerated pace. So, what makes it so appealing for local players?
  
  Read more

• Blockchain for Food, How the Industry Makes Use of the Technology

  07-07-2019 21:59 via cointelegraph.com
  In 2019, blockchain has been piercing the food industry at an accelerated pace. So, what makes it so appealing for local players?
  
  Read more

• Analyst: If Bitcoin Violates Current Parabola, BTC Could Plummet 80%; Here’s Why

  07-07-2019 21:30 via newsbtc.com
  Bitcoin (BTC) has been caught in what can be accurately defined as a period of consolidation as of late and has been hovering around the lower-$11,000 region for the past several days, make fairly restrained price movements within a relatively tight trading range.
  Now, one highly respected analyst is claiming that Bitcoin could either face an 80% correction in the coming weeks or months or could face a much smaller correction that results in a fresh parabolic uptrend that ultimately leads the cr
  
  Read more

• Advertisement

• Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto

  07-07-2019 21:12
  Major Latin American social network Taringa! revealed the launch of a new crypto-centered community in an attempt to reinvent itself after 15 years of setting trends in the Hispanic market. The announcement came this week at Blockchain Summit Latam, held in Mexico City, and previews a holistic change of philosophy in which decentralized technologies will […]
  The post Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto appeared first on CCN Markets
  
  Read more

• This New ‘Fake Text’ AI Is Even More Terrifying Than Deepfakes

  07-07-2019 20:23
  Following the invention of deepfakes, which many fear will cause damage on a global scale if used by the wrong hands, a terrifying new AI-powered technology called “Fake Text” has emerged with the potential to wreak even more havoc. ‘Fake Text’ Introduces Completely Unprecedented Risks This alarming new technology uses AI to analyze text and […]
  The post This New ‘Fake Text’ AI Is Even More Terrifying Than Deepfakes appeared first on CCN Markets
  
  Read more

• European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

  07-07-2019 20:09 via cointelegraph.com
  Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
  
  Read more

• Analyst: Bitcoin (BTC) Needs to Break $11,600 to Skirt Consolidation

  07-07-2019 20:00 via newsbtc.com
  Even since Bitcoin (BTC) hit $13,800 to then retrace by $4,000, the cryptocurrency market has slowed. Don’t get me wrong, volatility is still rife in this market, but BTC’s range is starting to tighten.
  As of the time of writing this, Bitcoin sits at $11,200, down around 2% in the past 24 hours — a far cry from the 10% to 20% days seen last week.
  Related Reading: Bitcoin Fun Fact: Tony Hawk Has Been HODLing Since Sub-$1,000 BTC
  With this extended bout of slower price action, an
  
  Read more

• Nintendo Tries to Bluff Sony & Microsoft on Cloud Gaming

  07-07-2019 19:20
  The day will soon come when gamers can simply stream titles to their consoles instead of buying hard copies or downloading them digitally. That’s because gaming is on the verge of an industry-shattering paradigm shift toward cloud gaming. But Nintendo seems to have a different view. A top Nintendo executive believes that the traditional gaming […]
  The post Nintendo Tries to Bluff Sony & Microsoft on Cloud Gaming appeared first on CCN Markets
  
  Read more

• Bitcoin Hash Rate Hits New All-Time-High

  07-07-2019 19:13 via cointelegraph.com
  The bitcoin network broke its all-time high total computing power today
  
  Read more

• Survey: Generation Z Does Not Plan to Buy Cryptocurrency - Cointelegraph

  07-07-2019 18:41 via cointelegraph.com
  Survey: Generation Z Does Not Plan to Buy Cryptocurrency  CointelegraphGeneration Z does not plan to buy cryptocurrency, according to the results of a survey conducted by Business Insider released on July 5. Per the report ...
  
  Read more

• Survey: Generation Z Does Not Plan to Buy Cryptocurrency

  07-07-2019 18:41 via cointelegraph.com
  According to the results of a recent survey, most Generation Z-ers do not plan to buy cryptocurrency
  
  Read more

• The Ethereum Killer Is Already Here – And Its Name Is Binance

  07-07-2019 18:39
    Quietly, subtly, and without contest, Ethereum is currently under a sustained attack that has been ongoing for months. Long considered the king of the dApps, Ethereum is the one that other blockchain platforms seek to dethrone in their own attempts at ascension. Hence the well-known term – Ethereum Killer – which is often self-applied […]
  The post The Ethereum Killer Is Already Here – And Its Name Is Binance appeared first on CCN Markets
  
  Read more

• Top 5 Crypto Performers: XMR, BTC, BNB, ETC, XRP

  07-07-2019 17:35 via cointelegraph.com
  Which top performers this week are showing good buy setups? Let’s consult the charts
  
  Read more

• ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra

  07-07-2019 17:10
  In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects. According to Coeure in Southern France, where an economic conference is taking place, the growth of the crypto industry is exposing the flaws of the existing […]
  The post ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra appeared first on CCN Markets
  
  Read more

• Bitcoin Below $11,400 as Top Cryptos Trade Sideways

  07-07-2019 17:05 via cointelegraph.com
  Major cryptocurrencies are trading sideways on the day while bitcoin dips below $11,400
  
  Read more

• Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations

  07-07-2019 15:00
  Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars. After lobbying to get the country out of the SWIFT system, the U.S. now seems to have its eyes set on the recent interest of Iranian […]
  The post Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations appeared first on CCN Markets
  
  Read more

• Nouriel Roubini Threatens Lawsuit to “Criminal” Bitcoin Exchange

  07-07-2019 14:54 via newsbtc.com
  New York University professor and staunch bitcoin critic Nouriel Roubini is threatening to sue BitMEX, a global cryptocurrency exchange.
  The renowned economist lambasted Arthur Hayes, co-founder & CEO of BitMEX, for releasing a doctored video of a debate featuring the two. He alleged that Hayes, who owns the rights to the footage, neither permitted the organizers of the Asia Blockchain Summit in Taipei to stream the discussion live nor allowed the audience to record it. Hayes inste
  
  Read more

• Regulatory Overview of Crypto Mining in Different Countries

  07-07-2019 14:52 via cointelegraph.com
  Following a moratorium on crypto mining in Iran, Cointelegraph highlights the most popular cryptocurrency mining countries and the challenges they face from regulatory pressures
  
  Read more

• Cryptocurrency market update: Majors see mixed trading action on Sunday - FXStreet

  07-07-2019 12:57 via fxstreet.com
  Cryptocurrency market update: Majors see mixed trading action on Sunday  FXStreetFollowing Saturday's choppy market action, major cryptocurrencies stay calm on Sunday in the absence of any significant fundamental drivers or surpris.
  
  Read more

• Bitcoin’s 20% Slump From 2019-High Won’t Kill Strong Bullish Fundamentals

  07-07-2019 12:43
  Since June 26, within the past three weeks, the bitcoin price has declined from $13,868 to around $11,200 by 20 percent against the U.S. dollar. After recording a 250 percent increase in value year-to-date at its yearly peak, a pullback for bitcoin was generally anticipated by traders. Following its 20 percent decline, fundamentals for the […]
  The post Bitcoin’s 20% Slump From 2019-High Won’t Kill Strong Bullish Fundamentals appeared first on CCN Markets
  
  Read more

• The future regulation of cryptocurrency - Toronto Star

  07-07-2019 12:07 via thestar.com
  The future regulation of cryptocurrency  Toronto StarFacebook (and others) may discover that, despite their half-hearted efforts to head off more centralized government control, the wealth-making days of ...
  
  Read more

• Facebook’s Libra Lacks Foundational Components for Crypto Key Security

  07-07-2019 12:00
  After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.
  
  Read more

• Facebook's Cryptocurrency Plan Draws ECB Warning on Regulation - Yahoo Finance

  07-07-2019 11:12 via finance.yahoo.com
  Facebook's Cryptocurrency Plan Draws ECB Warning on Regulation  Yahoo Finance(Bloomberg) -- Financial regulators must act fast to prepare for the push by U.S. tech giants such as Facebook Inc. into the financial system, according to ...
  
  Read more

• Facebook's Cryptocurrency Plan Draws ECB Warning on Regulation - Bloomberg

  07-07-2019 11:12 via bloomberg.com
  Facebook's Cryptocurrency Plan Draws ECB Warning on Regulation  BloombergFinancial regulators must act fast to prepare for the push by U.S. tech giants such as Facebook Inc. into the financial system, according to European Central ...
  
  Read more

• Survey suggests few in META region understand cryptocurrency - Comms MEA

  07-07-2019 11:09 via commsmea.com
  Survey suggests few in META region understand cryptocurrency  Comms MEAThe Kaspersky's report, 'Uncharted territory: why consumers are still wary about adopting cryptocurrency', reveals that whilst (29%) of people in the META region ...
  
  Read more

• Crypto 101: Gauging Trend Strength With the Chaikin Money Flow

  07-07-2019 11:00
  CoinDesk details the Chaikin Money Flow indicator, which is used to quantify trend strength around volume and market pressure.
  
  Read more

• Cryptocurrency mining is virtual electricity export: ICT minister - Tehran Times

  07-07-2019 09:15 via tehrantimes.com
  Cryptocurrency mining is virtual electricity export: ICT minister  Tehran TimesTEHRAN – Talking about recent activities in the field of cryptocurrency mining in Iran in recent months, Information and Communication Technology Minister ...
  
  Read more

• President of Blockchain-Powered Micronation to Attend TNC Launch in New York

  07-07-2019 07:55
  TNC IT Solution Group, a multinational blockchain development company that envisions to unite the cryptocurrency world, will be having a launching event on July 16 at the Rockefeller Center in New York City. Approximately 200 influencers and personalities in the blockchain industry and selected esteemed figures from different sectors of society are expected to attend. […]
  The post President of Blockchain-Powered Micronation to Attend TNC Launch in New York appeared first on CCN Markets
  
  Read more

• Bitcoin (BTC) Price Trading Near Make-or-Break Levels

  07-07-2019 07:08 via newsbtc.com
  After a strong recovery, bitcoin price struggled to gain momentum above $12,000 against the US Dollar.
  The price topped near the $12,050 level and recently corrected gains below $11,500.
  There is a major bearish trend line forming with resistance near $11,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair could either surpass $11,700 and $12,000 or decline further below the $10,800 support.Bitcoin price is facing a couple of strong resistances near $11,700 and $12,00
  
  Read more

• Ethereum Price Weekly Forecast: ETH Preparing For Next Key Break

  07-07-2019 06:08 via newsbtc.com
  ETH price stayed above the $270-275 support and recently recovered higher against the US Dollar.
  Bitcoin price is currently trading above $11,000, but it is struggling to gain bullish momentum.
  There is a key breakout pattern forming with resistance near $295 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair could either surpass $295 and $300 or it could extend losses below the $280 and $275 supports.Ethereum price is likely preparing for the next move against the US Dollar, simi
  
  Read more

• Bullish S&P 500 Index Signals Likely Trump 2020 Victory

  07-07-2019 02:10
  Up almost 50 percent since his election and recently hitting fresh all-time highs, the S&P 500 index could be signaling expectations Trump may be reelected. Stock Market Suggests Investor Confidence The economy under Trump has shown few signs of slowing down. The economy gained 224,000 jobs in June, according to a monthly employment report released […]
  The post Bullish S&P 500 Index Signals Likely Trump 2020 Victory appeared first on CCN Markets
  
  Read more

• Why Fortnite Remains Popular Despite Slowed Growth

  07-07-2019 01:15
  Today, Fortnite is nothing short of a household name after carving a firm berth not only at the pinnacle of gaming but as a mainstream cultural phenomenon, the likes of which we aren’t likely to see anytime soon. But how does Fortnite retain its relevance despite slowing growth figures? The title doesn’t attract the same […]
  The post Why Fortnite Remains Popular Despite Slowed Growth appeared first on CCN Markets
  
  Read more

• The Debate Over Crypto Electricity Usage is Heating Up, But Clear Answers Are Elusive

  07-07-2019 01:00 via crypto-news.net
  With market value on the rise, the Bitcoin hash rate, as well as that of other proof-of-work (PoW) cryptocurrencies, is escalating. This increase is driving up electricity usage, which is once again sparking a debate over which type of blockchain architecture should be used for mass adoption. Unfortunately, the electricity issue is complex, with conflicting data over how much is used as well as the impact of its use on the global energy supply. There is no doubt that clarity is sorely needed as
  
  Read more

• Jack Dorsey’s Square Is 33 Percent Undervalued, Says Wall Street Analyst

  07-07-2019 00:15
  Jack Dorsey’s payments company Square is already up by a double-digit percentage in 2019, and one Wall Street analyst says there’s more runway for gains. According to TD Ameritrade Network, Instinet’s Dan Dolev believes Square’s stock, which is currently hovering at about $74, is worth more like $100 – and that’s a conservative estimate. That […]
  The post Jack Dorsey’s Square Is 33 Percent Undervalued, Says Wall Street Analyst appeared first on CC
  
  Read more

Follow @CryptoNewslock on Twitter!