Cryptocurrency news

• Analyst: Bitcoin Could Hit $9,000 Should Bearish Breakdown Occur; Here’s Why

  13-07-2019 23:30 via newsbtc.com
  Bitcoin and the entire cryptocurrency markets have been caught in the throes of volatility as of late, which has resulted in the formation of a period of consolidation for BTC.
  This period of consolidation has left many traders scratching their head as to where it is heading next, but analysts are now noting that the formation of several bearish technical formations could point to the strong possibility that the crypto will drop below the $9,000 region in the near-future.
  Bitcoin Slowly Descends
  
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• Trump’s Fed Pick Isn’t Just a Gold Bug – She’s Also a Crypto Bull

  13-07-2019 23:15
  White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug.” She advocates returning the U.S. Dollar to the “gold standard.” President Trump's Fed Nominee Dr. […]
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• Room to Run: Bitcoin (BTC) Hasn’t Printed Parabolic “Correction” Signal

  13-07-2019 23:00 via newsbtc.com
  Bitcoin (BTC) has undoubtedly been trading in a parabolic pattern since bottoming in December at $3,150. The past few months have seen the cryptocurrency market absolutely explode, posting new highs every other week. Until now anyway.
  Related Reading: Keiser: $100,000 BTC as Trump’s Anti-Bitcoin Tweet to Drive US-Skeptic Nations to Crypto
  As of the time of writing this, BTC has found itself changing hands for $11,300 — down around 20% from its year-to-date high of $13,850. The asset
  
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• Retail Investors Could Be Behind the Recent Bitcoin Rally, Despite Lack of Interest in BTC

  13-07-2019 21:30 via newsbtc.com
  Although Bitcoin and the aggregated crypto markets have been facing a bout of significant volatility over the past few days, while zooming out and looking at its long-term performance, it is clear that BTC is still in a firm uptrend throughout the course of 2019.
  Now, one prominent figure within the crypto industry is noting that retail investors – through the use of leveraged positions – have been the driving force behind the recent Bitcoin rally.
  Retail Investors, Not Institutions,
  
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• China's Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

  13-07-2019 21:30
  Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset's seven-figure ambitions. Just this week, Chinese police busted a gang of Bitcoin miners that […]
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• Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax

  13-07-2019 20:45 via cointelegraph.com
  Cryptocurrencies are now exempt from value-added tax in the Republic of Georgia
  
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• Georgia Exempts Cryptocurrencies From Value-Added Tax

  13-07-2019 20:45 via cointelegraph.com
  Cryptocurrencies are now exempt from value-added tax in the Republic of Georgia
  
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• Crypto Tidbits: Donald Trump Jabs Bitcoin, Bitpoint Hacked for XRP, Litecoin Bags Partnership

  13-07-2019 20:00 via newsbtc.com
  Another week, another round of Crypto and Bitcoin Tidbits. The past week was rather tumultuous for the cryptocurrency market. BTC traded everywhere from $10,800 to $13,200, causing dramatic shifts in the sentiment of investors across the board.
  Per the time of writing this, many analysts have begun to lean bearish, as Bitcoin and other cryptocurrencies have lost key support levels and have begun to express signs of further stints lower prior to a reversal.
  Related Reading: Bitcoin Becomes &ldquo
  
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• How's Your Stock Portfolio Doing? Depends on Where You Live.

  13-07-2019 19:45
  Fascinating research from JPMorgan reveals that although the stock market is booming, the performance of your individual portfolio depends heavily on what state you live in. That's because U.S. investors living in different regions tend to favor some S&P 500 sectors over others. Your Stock Portfolio Likely Has a Hidden Regional Bias According to JPMorgan's […]
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• Hawaii Decriminalized Marijuana but Governor David Ige Is Not Happy

  13-07-2019 19:29
  Watch Will's analysis on Hawaii officially becoming the 26th state to decriminalize marijuana and Governer David Ige's objections about it. Make sure to subscribe CCNMarkets on Youtube: CCN Markets
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• Bitcoin Falls under $11,450 as US Stock Market Sees Minor Downturn

  13-07-2019 18:45 via cointelegraph.com
  Bitcoin falls under the $11,450 mark again while top 20 cryptocurrencies are reporting losses movements on the day
  
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• Japan to Look Into the Impact of Facebook’s Libra Ahead of G7

  13-07-2019 18:43 via cointelegraph.com
  A working group has been created by Japanese authorities to investigate the impact of Facebook’s Libra stablecoin
  
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• Google Stadia Heralds Console Apocalypse as 4,000 Devs Clamor to Join

  13-07-2019 18:00
  If there was any doubt that Google Stadia had the ammunition to single-handedly upend the gaming industry and end the video game console as we know it, they should be laid to rest. More than 4,000 developers have registered their interest to sign up to the Stadia Partners scheme with an eye on releasing games […]
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• BHPA Inc Approved to Trade on OTC Markets Exchange Under “BHPA” Ticker

  13-07-2019 17:56
  CHENGDU, China, July 11, 2019 -- BHPA, Inc. (OTCMKTS: BHPA) (“BHPA” or the “Company”), an emerging leader in the cryptocurrency cloud mining marketplace, is excited to announce that it has been approved by the Financial Industry Regulatory Authority to trade under the ticker “BHPA” OTC Markets Group (the “OTC”), as of July 8, 2019. Investors […]
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• 0x DEX Protocol Suspended Because of Vulnerability, Funds Safe

  13-07-2019 16:51 via cointelegraph.com
  The 0x team suspended the dex Ethereum smart contract after a vulnerability was uncovered in its code
  
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• $16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July

  13-07-2019 16:30
  Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes […]
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• 4 Reasons why Negative Trading Fees are Crucial in the Cryptocurrency Industry - The Merkle Hash

  13-07-2019 16:01
  4 Reasons why Negative Trading Fees are Crucial in the Cryptocurrency Industry  The Merkle HashIn the cryptocurrency world, there are numerous interesting ventures and solutions to take note of. When it comes to trading platforms and exchanges, the trading ...
  
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• Trump Says Bitcoin is Dumb. He’s 100% Right.

  13-07-2019 15:30
  President Donald Trump weighed in on bitcoin on Thursday, and let his feelings be known in characteristically clear terms: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and […]
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• Real Estate Registry on Blockchain: Promise Land or Wishful Thinking?

  13-07-2019 14:58 via cointelegraph.com
  The use of the blockchain for real estate requires a fundamental rethinking, otherwise it is hopeless. A researcher from RMIT Blockchain Innovation Hub explained why startups will fail to disrupt if no changes in regulations occur
  
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• Craig Wright's Bitcoin Mining Tales Reveal Billion Dollar Discrepancies

  13-07-2019 14:04
  According to court documents freshly re-leaked on Twitter, Craig Wright has given two widely diverging stories on his history of mining Bitcoin in the early at the turn of the last decade. Quick note on Craig Wright, mining & trusts. ATO hearing Feb 18, 2014: Mining throughout 2011, trusts in Singapore & Seychelles. Court Florida […]
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• Dash Defeats 51% Attacks in Latest Update, Enables Instant Transactions

  13-07-2019 12:57
  Dash is an important cryptocurrency with a long history. When Evan Duffield and his collaborators began the DarkCoin project as X11, he had assessed several issues with what he’s always referred to as “the Bitcoin project.” Privacy Is A Feature, Not A Single Purpose One issue he believed was addressable was the near-transparency of the […]
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• Cryptocurrency market update: Cryptos are in weekend tailspin as Bitcoin eyes $ 11k, Ripple looks to $ 0.3180 - FXStreet

  13-07-2019 12:44
  Cryptocurrency market update: Cryptos are in weekend tailspin as Bitcoin eyes $ 11k, Ripple looks to $ 0.3180  FXStreetCrypto markets see no weekend love, a sea of red persists. Ripple weakest among top 4 widely traded cryptocurrencies. Top 4 coins' price overview Bit.
  
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• Binance Coin Flips EOS After Coin Burn as Bitcoin Continues to Consolidate

  13-07-2019 12:14 via newsbtc.com
  Altcoins are still getting beat up as we enter the weekend. Bitcoin has remained range bound with little movement over the past 24 hours but there has been some position jockeying in the market capitalization charts this morning.
  Bitcoin Consolidating Following Trump Tweet
  BTC has spent most of the past day or so trading sideways. An intraday high of $11,900 was touched last night but there was no break above $12k and Bitcoin retreated again. Bitcoin is still falling and currently back at short
  
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• Ransomware Thugs Extort Indiana County for Over $130,000 in Bitcoin

  13-07-2019 11:55
  Days after the U.S. Conference of Mayors passed a resolution opposing the payment of ransoms by cities following a ransomware attack La Porte County’s government has done the opposite after its files were encrypted. According to WSBT-TV, the municipality has paid a Bitcoin ransom worth approximately $130,000 to cyber attackers who encrypted its files. At […]
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• John McAfee Defends Bitcoin From Donald Trump in Ironic Tirade

  13-07-2019 10:19
  In the wake of Donald Trump’s viral tweet denouncing bitcoin and cryptocurrency in general, John McAfee has come rushing to its aid. In a series of tweets, the crypto evangelist has ridiculed the U.S. president’s comments regarding the use of digital currency to facilitate criminal activity. My response to Donald Trump regarding his "Dislike of […]
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• Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net

  13-07-2019 07:51
  Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […]
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• Bitcoin Price (BTC) Remains Vulnerable, Risk of More Losses

  13-07-2019 07:00 via newsbtc.com
  Bitcoin price tested the $11,000 support level and recently recovered higher against the US Dollar.
  The price recovered close to the $11,900, but upsides remain capped below $12,000.
  There is an ascending channel forming with support near $11,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price could start a strong decline if there is break below $11,500 and $11,400 in the near term.Bitcoin price is facing an uphill task with many hurdles near $12,000 against the US Do
  
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• Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

  13-07-2019 03:30
  Binance yesterday completed its eighth quarterly "burn" of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng "CZ" Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […]
  The post Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits? appeared first on CCN Markets
  
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• FTC Nukes Facebook with Record $5B Fine and Zuck Will Laugh It Off

  13-07-2019 02:30
  The Federal Trade Commission has whacked Facebook with a record $5 billion fine stemming from the 2018 scandal in which a political consulting firm improperly accessed Facebook user data. The fine comes as a result of settlement talks between the two entities. The consulting firm, Cambridge Analytica, scraped data from 87 million Facebook profiles without […]
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• Brazilian State Launches Blockchain Platform for Government Contract Bids

  13-07-2019 02:22 via cointelegraph.com
  In Brazil, the state of Bahia has launched a mobile app that makes its government’s contract bidding process transparent, purportedly to benefit agriculturalists
  
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• Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

  13-07-2019 02:00 via newsbtc.com
  Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month.
  Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from their recent drop may experience a relief rally in the near-term, as long as Bitcoin is able to hold steady around its current price levels.
  Bitcoin Fa
  
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• Visa is Entering The Crypto Space, invests Heavily in Custodial Services

  13-07-2019 01:09 via crypto-news.net
  As the crypto revolution has moved forward, the major credit card companies have maintained a curiously low-key approach to its evolution. Now, Visa appears ready to enter the space, having recently made significant investments in blockchain startups, and revealing plans to offer financial services that utilize the technology. These moves are a clear sign that the world’s largest payment network has accepted the fact that cryptocurrencies are now a permanent element of the global financial
  
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• Ethereum-Based Augur Enhancement App Veil Closes Up Shop

  13-07-2019 01:05 via cointelegraph.com
  Veil, a project that purportedly attempted to make Ethereum-based predictions platform Augur mainstream, has discontinued its service
  
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• Tech Entrepreneur: Facebook’s “Cryptocurrency” Libra is a “Big Mistake”

  13-07-2019 01:00 via newsbtc.com
  Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies.
  Cuban joins an increasingly noisy chorus of regulators, bankers, and other organisations concerned about the social media giant’s financial ambitions and their implications.
  Cuban: Facebook’s Cryptocurrency Could be Dangerous in Au
  
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• Finance Professor Says Stock Market Is Cheap. Here’s Why He’s Wrong

  13-07-2019 01:00
  Jeremy Siegel, a normally astute finance professor from the University of Pennsylvania, told CNBC that he thinks the stock market has another 5 percent to 6 percent upside to reach fair value. He’s out of his mind. “I think fair market value does give us another 5%, 6% this year, but we may go up […]
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• Bitcoin Becomes “Geo-Political Chess Piece” as Global Leaders Air Their Opinions on Crypto

  13-07-2019 00:00 via newsbtc.com
  Bitcoin and the aggregated crypto markets have been facing tremendous volatility over the past few days that has been exasperated by comments being made about BTC and the nascent crypto markets by world leaders and politicians – who undoubtedly will sway how US policy is aimed at the crypto markets from a regulatory standpoint.
  Now, analysts are noting that U.S. President Donald Trump and US Federal Reserve Chairman Jerome Powell’s comments on Bitcoin are bullish, as they validate th
  
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