Cryptocurrency news

• Polkadot Introduces Its Experimental Version Dubbed ‘Kusama’

  16-07-2019 23:50 via cointelegraph.com
  Polkadot presents an early experimental version of the protocol called Kusama, designed for real economic conditions
  
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• Winklevoss Twins Foster Mainstream Adoption with Bitcoin Giveaway

  16-07-2019 23:45
  Now that bitcoin has taken center stage in the United States, Gemini Co-Founders Cameron and Tyler Winklevoss are doing their part to hasten mainstream adoption. Tyler tweeted his latest challenge, the reward for which is 1 BTC. At the current rate, that amounts to roughly $9,700. By the time the contest is over, however, the […]
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• US Rep. Kevin McCarthy Praises Bitcoin while Criticizing Libra

  16-07-2019 23:15 via cointelegraph.com
  Praise towards Bitcoin and heavy criticism towards Facebook’s Libra stablecoin from United States House Minority Leader Kevin McCarthy
  
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• U.S. foes are weaponizing cryptocurrency says new report - Yahoo Finance

  16-07-2019 23:02
  U.S. foes are weaponizing cryptocurrency says new report  Yahoo FinanceA new study from the Foundation for Defense of Democracies (FDD) claims cryptocurrencies are being used by U.S. adversaries to circumvent the nation's ...
  
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• Analysts Believe Bitcoin Likely to Move Towards $6,000 as Bearish Narrative Unfolds

  16-07-2019 23:00 via newsbtc.com
  Almost as quickly as bullish euphoria recently gripped the market, the Bitcoin bears have returned. An air of uncertainly, brought about by the prime-time attention cryptocurrencies are receiving of late, has seen the price fall once again below the $10,000 level.
  Notable trading Twitter accounts are calling for a much more severe pullback, even from today’s prices. Some believe that a price as low as $6,000 is now likely in the short-to-mid-term.
  A Return to $6,000 Bitcoin “Quite Li
  
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• Critics say Facebook's Libra isn't really a cryptocurrency - Yahoo Finance

  16-07-2019 22:42
  Critics say Facebook's Libra isn't really a cryptocurrency  Yahoo FinanceFacebook Cryptocurrency Plans Have a Problem: Facebook’s Reputation  The New York TimesFacebook privately pitched its cryptocurrency plan last month to regulators. They were left even more scared.  The Washington PostEverything you need to know about Libra, Facebook's cryptocurrency  CNNFacebook Questioned on Cryptocurrency, But Battle Looms With Global Regulators  The
  
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• Ripple CEO Defends XRP Following Washington, DC’s Crypto Response

  16-07-2019 22:15
  Ripple CEO Brad Garlinghouse has taken the opportunity to plug XRP as a solution to the concerns raised by Treasury Secretary Steven Mnuchin. Speaking on Twitter, Garlinghouse said that he hopes regulators recognize that not all cryptocurrencies are cut from the same cloth in terms of their potential to facilitate crime and money laundering. Just […]
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• Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

  16-07-2019 22:15
  For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.
  
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• The United States’ Distrust in Facebook Libra Is Spilling Into Crypto

  16-07-2019 22:00 via newsbtc.com
  Today, the United States Senate Committee on Banking, Housing, and Urban Affairs held an open session to conduct a hearing on Facebook’s Libra – a hot button topic across the crypto industry and financial space currently.
  Recently, Libra has sparked an interest in not only just Facebook’s first foray into digital but it’s also caused governments to begin to take a closer look into Bitcoin and other cryptocurrencies, and thus far, the response hasn’t been positive.
  U
  
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• Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options - CoinDesk

  16-07-2019 22:00
  Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options  CoinDeskCubans are quietly exploring cryptocurrency use-cases on the politically isolated island, even watching Facebook's Libra project with cautious optimism.
  
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• Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options

  16-07-2019 22:00
  Cuba highlights the difference between bitcoin and corporate token projects like Libra.
  
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• Facebook Cryptocurrency Head Hopes to Work With IRS on Rules - Bloomberg Tax

  16-07-2019 21:58
  Facebook Cryptocurrency Head Hopes to Work With IRS on Rules  Bloomberg TaxThe head of Facebook's planned digital currency told senators July 16 that the social media giant would talk with the IRS about changes to its regulations for ...
  
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• Eyeing the future, US Congress moves to define ‘blockchain’ and ‘cryptocurrency’ - Modern Consensus

  16-07-2019 21:48
  Eyeing the future, US Congress moves to define ‘blockchain’ and ‘cryptocurrency’  Modern ConsensusSenate action on Blockchain Promotion Act seen as vital to growth | The U.S. Senate Commerce, Science and Transportation Committee voted to approve the ...
  
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• Senators unload on Facebook cryptocurrency at hearing | TheHill - The Hill

  16-07-2019 21:44
  Senators unload on Facebook cryptocurrency at hearing | TheHill  The HillFacebook on Tuesday sought to defend its plans for a new global cryptocurrency at a contentious hearing as lawmakers aggressively blasted the project and ...
  
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• What Millennial Portfolio Managers Think About Cryptocurrency - TheStreet.com

  16-07-2019 21:27
  What Millennial Portfolio Managers Think About Cryptocurrency  TheStreet.comZev Fima, Research Analyst with ActionAlertsPLUS, had a chance to sit down with three bright minds from Greenwood Project to discuss their views on ...
  
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• Knowmatix: An Online Educational Platform for the Cryptocurrency Industry - PRNewswire

  16-07-2019 21:27
  Knowmatix: An Online Educational Platform for the Cryptocurrency Industry  PRNewswireMIAMI, July 16, 2019 /PRNewswire/ -- Knowmatix is an online, in-depth educational platform providing the fundamentals and practical skills necessary to ...
  
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• Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety

  16-07-2019 21:23 via cointelegraph.com
  Bitpoint CEO told Cointelegraph that users will be compensated — learn more in our report on the recent hack
  
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• Report: Global Blockchain in Healthcare to Reach $1.7 billion by 2026

  16-07-2019 21:20 via cointelegraph.com
  Consulting services firm Acumen Research and Consulting has forecast that the global blockchain in healthcare market will reach over $1.7 billion by 2026
  
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• Blame PewDiePie When Someone Dies Raiding Area 51

  16-07-2019 21:19
  You may or may not know Felix Kjellberg, but if you haven’t been living under a rock, you’ll probably recognize his pseudonym. Kjellberg, popularly known as PewDiePie, remains one of YouTube’s biggest stars with almost 100 million subscribers. And that’s precisely why his latest antics aren’t just in bad taste – they’re altogether reckless. Consider this. […]
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• Venezuelan Investors File Lawsuit With US Court in Connection With $30M Crypto Fraud

  16-07-2019 21:16 via cointelegraph.com
  Seven Venezuelans claim to have been lured into a $30 million Ponzi scheme with a cryptocurrency pegged to diamonds
  
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• Dow’s Record Rally Speeds to the Brink After Trump Shocks Markets

  16-07-2019 21:03
  The Dow and broader U.S. stock market drifted lower Tuesday after President Trump warned that the trade war with China still has “a long way to go” before reaching its desired conclusion. Dow Under Pressure; S&P 500 Halts Five-Day Win Streak All three of Wall Street’s major benchmarks were under pressure during afternoon trade, mirroring […]
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• Jack Dorsey Bets on Crypto Investor Candidate for 2020 Nod

  16-07-2019 21:00
  Twitter CEO Jack Dorsey has a horse in the 2020 political race. That’s Hawaii Congresswoman Tulsi Gabbard, an Iraq War combat veteran and anti-war candidate for the Democratic nomination. There’s something else that sets her apart from the rest of the wide Democratic field. Gabbard is an early adopter of cryptocurrency. She disclosed last August […]
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• Bitcoin (BTC) Cracking As Government Drums For Regulation

  16-07-2019 21:00 via newsbtc.com
  Bitcoin (BTC) is down 14.8 percent
  Steven Mnuchin is calling for cryptocurrency oversight and complianceEventual regulation of cryptocurrencies in the US, following Steven Mnuchin presser, could have far-reaching consequences on Bitcoin and cryptocurrencies. In the meantime, BTC is on edge and may slide to $9,500.
  Bitcoin Price Analysis
  Fundamentals
  From launch, Bitcoin is considered a threat to the status quo. However, scrutiny was amplified following the parabolic rise of digital asset prices
  
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• Post-Hearing: Ranking Senate Committee Members Discuss Regulations

  16-07-2019 20:54 via cointelegraph.com
  Senate Banking Committee members discussed regulation of big tech companies in a press conference following today’s Libra hearings
  
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• US senators grill Facebook on its plan for libra cryptocurrency - The Irish Times

  16-07-2019 20:21
  US senators grill Facebook on its plan for libra cryptocurrency  The Irish TimesSocial media giant 'delusional' if it believes people will trust it with money, senator says.
  
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• Cryptocurrency market update: Bitcoin plunges below $9,500, Ethereum and Ripple bleed - FXStreet

  16-07-2019 20:05
  Cryptocurrency market update: Bitcoin plunges below $9,500, Ethereum and Ripple bleed  FXStreetBitcoin is leading the rest of the market in *fresh* declines that have struck the crypto market in the evening (GMT) session on Tuesday. The crypto car.
  
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• Starbucks, Walt Disney and Adobe Are Blasting to Fresh Highs

  16-07-2019 20:00
  As large financial institutions such as JPMorgan become bullish on the S&P 500, three major stocks – Starbucks, Walt Disney, and Adobe – are threatening to take out their all-time highs. Starbucks (SBUX) Resumes Strong Uptrend After a Three-Year Consolidation Period In trading and investing, there’s a saying that goes: “the longer the base, the […]
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• German Finance Minister: Facebook Shouldn’t Be Allowed to Compete With the Euro

  16-07-2019 20:00
  “The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister.
  
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• Dash Bears Aim at $105 As CEO Criticizes Bitcoin (BTC)

  16-07-2019 20:00 via newsbtc.com
  Dash slides 28.2 percent
  Bitcoin is flawed as a medium of exchangeRyan Taylor, the CEO of Dash, opines that Bitcoin is flawed as a payment solution. As a result, Dash is solving BTC’s shortcomings. However, that is not enough to tame bears. Dash is down 28.2 percent in the last week.
  Dash Price Analysis
  Fundamentals
  The cryptocurrency payment space is saturated with projects aiming to dislodge Bitcoin. Of the many, Dash is perhaps one of the leading contenders. In the past few years, the
  
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• Dash Bears Aim at $105 As CEO Criticize Bitcoin (BTC)

  16-07-2019 20:00 via newsbtc.com
  Dash slides 28.2 percent
  Bitcoin is flawed as a medium of exchangeRyan Taylor, the CEO of Dash, opines that Bitcoin is flawed as a payment solution. As a result, Dash is solving BTC’s shortcomings. However, that is not enough to tame bears. Dash is down 28.2 percent in the last week.
  Dash Price Analysis
  Fundamentals
  The cryptocurrency payment space is saturated with projects aiming to dislodge Bitcoin. Of the many, Dash is perhaps one of the leading contenders. In the past few years, the
  
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• BitMart Lists Revolutionary Wallet Based P2P Trading DEX Aphelion (APH)

  16-07-2019 20:00
  BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Aphelion Token (APH). APH/BTC trading pair is available starting at 8:00 AM EDT on July 15th and trading feature is available on July 16th.  Aphelion is a P2P trading platform (DEX) built on the NEO blockchain that brings a wallet-based peer-to-peer […]
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• Litecoin Named Official Cryptocurrency of the Miami Dolphins - MiamiDolphins

  16-07-2019 19:57
  Litecoin Named Official Cryptocurrency of the Miami Dolphins  MiamiDolphinsMiami, FL– July 16, 2019 - The Litecoin Foundation announced today that Litecoin has become the “Official Cryptocurrency of the Miami Dolphins.
  
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• Facebook Stresses Libra’s Compliance With FinCEN at Senate Hearing

  16-07-2019 19:44 via cointelegraph.com
  David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today
  
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• Cannabis Stocks Blaze as FDA Expedites Landmark CBD Rules

  16-07-2019 19:35
  Cannabis stocks got a boost this week after the US Food and Drug Administration announced it would expedite creating a regulatory framework for CBD. CBD is the non-psychoactive ingredient in cannabis, which allegedly has wellness properties, and can treat a range of various conditions, including pain management. The FDA and CBD Regulation Is All Boxed […]
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• Bitcoin Dips Below $10,000 for the Second Time in July

  16-07-2019 19:35 via cointelegraph.com
  Bitcoin dipped below the $10,000 threshold for the second time in July following a hearing on Facebook’s Libra crypto project
  
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• Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash

  16-07-2019 19:20
  The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services. […]
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• Big Crypto Investors Flock to Grayscale, Sending Q2 AUM to $2.7 Billion

  16-07-2019 19:10
  The combined market cap of the broader cryptocurrency market is now hovering at $282.7 billion, with bitcoin’s dominance just below 67 percent. So is it retail investors or big institutions driving the market? It depends on who you ask. Grayscale Investments attracted nearly $85 million to its coffers in Q2 2019, more than three-quarters of […]
  The post Big Crypto Investors Flock to Grayscale, Sending Q2 AUM to $2.7 Billion appeared first on CCN Markets
  
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• Telegram Threat Ignored, FB Cryptocurrency Fears Overblown - Middle East Media Research Institute

  16-07-2019 19:05
  Telegram Threat Ignored, FB Cryptocurrency Fears Overblown  Middle East Media Research InstituteAs the ISIS Caliphate crumbles, the most significant and dangerous recent development in global terrorism is terrorists' embrace of cryptocurrencies to fund their ...
  
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• XRP Slides 23.4%, Mnuchin Presser A Ray of Hope For Ripple

  16-07-2019 19:00 via newsbtc.com
  Ripple (XRP) is down 23.4 percent
  Like Libra, proper regulation will see XRP soarSteven Mnuchin presser highlights the significance of oversight. Appropriate controls would either destroy or boost Ripple’s ambitions of building a sustainable web, the Internet of Value, where XRP plays a significant role. Currently, sellers are at the lead as prices tumble 23.4 percent from last week’s close.
  Ripple Price Analysis
  Fundamentals
  To flourish and positively impact livelihoods, Ripple&rsq
  
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• Bitcoin Plunges Below $10,000 in Abrupt Pullback, What are Analysts Saying?

  16-07-2019 18:57 via newsbtc.com
  After a period of consolidation and choppy trading, Bitcoin (BTC) has failed to garner any notable buying pressure and briefly plummeted below $10,000 before finding some support that has allowed its price to stay afloat above this key psychological price level.
  Analysts are now noting that it is critical that BTC closes above $10,191 on the four hour candle that it just started forming, or else this movement could spark a strong bout of selling pressure that sends the crypto reeling lower.
  Bitc
  
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• Facebook faces questions in Senate hearing about Libra cryptocurrency - Yahoo Finance

  16-07-2019 18:56
  Facebook faces questions in Senate hearing about Libra cryptocurrency  Yahoo FinanceAll eyes are on Facebook in the Senate today. Lawmakers are grilling executive David Marcus on the company's proposed cryptocurrency Libra. Ibotta CEO ...
  
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• Newsflash: Bitcoin Crashes Below $10,000 – When Will the Bleeding Stop?

  16-07-2019 18:55
  Within minutes, the bitcoin price crashed from $10,500 to below $9,900 in an abrupt drop, causing the rest of the crypto market to plunge by large margins. Battered Bitcoin Price Relinquishes Crucial Psychological Level As the bitcoin price slipped 4.5 percent on the day, other major crypto assets in the likes of ethereum, bitcoin cash, […]
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• ‘Expect Chaos’: Polkadot to Launch Experimental Kusama Network This Summer

  16-07-2019 18:30
  Polkadot will be launching an experimental "canary network" called Kusama for early application testing and development.
  
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• Bitcoin Blasts Below $10K, Following Senate Hearing on Facebook Crypto

  16-07-2019 18:27 via newsbtc.com
  Bitcoin price continues to dive following a rejection a couple weeks back from $13,800 that stopped Bitcoin’s parabolic rally dead in its tracks – and may have done so for the remainder of the year.
  A failed inverse head and shoulder’s failure has hurt the pride of bulls across the crypto market who are now licking their fresh wounds at the hands on contrarian bears and a negative sentiment by the US President and global governments may have further fueled fears across the spac
  
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• R3 to Support a Startup-Focused Stock Exchange in Brazil

  16-07-2019 18:15 via cointelegraph.com
  R3 has partnered with Brazil-based fintech firm Banco Maré to launch a stock exchange that lists shares of tech startups
  
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• Litecoin Price May Crash Near Halving Before Skyrocketing to All-Time Highs

  16-07-2019 18:01
  Just as the Litecoin halving is less than a month away, the number four cryptocurrency is starting to show signs of weakness. After posting a 2019 high of $146 on June 22nd, Litecoin has plunged to a low of $84.88 on July 15th. That’s a drop of over 41 percent in less than a month. […]
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• US Senators Grill Facebook on Privacy, Trust Issues in Libra Hearing

  16-07-2019 17:57 via cointelegraph.com
  U.S. senators expressed their concerns over data privacy and trust issues in a hearing on Facebook’s Libra today
  
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• WATCH: Breaking Down the Libra Hearings

  16-07-2019 17:55
  CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency.
  
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• CoinDesk LIVE: Unpacking the Libra Hearings

  16-07-2019 17:55
  CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency.
  
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• Jamie Dimon Just Threw Serious Shade at Facebook & Libra

  16-07-2019 17:53
  Despite his best efforts, Jamie Dimon has never been one to mince words on the subject of cryptocurrency. So it shouldn’t be all that surprising that when confronted about his thoughts on Libra, the JPMorgan CEO threw some serious shade at Mark Zuckerberg’s pet blockchain. JPMorgan Chief on Libra: Get Back to Me in Three […]
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