Cryptocurrency news

• Bitcoin Faces Weak Technicals, But Bank of China’s Interest in BTC May Be Bullish

  27-07-2019 23:30 via newsbtc.com
  Bitcoin (BTC) has been incurring significant selling pressure as of late that has caused significant damage to its technical strength.
  This selling pressure is coming in spite of some bullish fundamental developments that have occurred as of late, including the state-sponsored Bank of China offering what can be defined as a bullish outlook on Bitcoin.
  Bitcoin Plummets Towards $9,400 and May Drop Further
  At the time of writing, Bitcoin is trading down nearly 4% at its current price of $9,450, whi
  
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• US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto

  27-07-2019 23:21 via cointelegraph.com
  U.S. lawmakers appear to be moving forward with Blockchain Promotion Act passing in both houses of Congress, with a working group established
  
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• Heads of Billion Dollar Institutions Are Buying Bitcoin: Crypto Investor

  27-07-2019 23:00 via newsbtc.com
  According to Anthony “Pomp” Pompliano, Bitcoin (BTC) is seeing inflows from the chief investment officers of some “multi-billion dollar institutions”.
  Related Reading: Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here’s Why
  While this is not direct investment from funds — be it family offices, hedge funds, pensions, venture funds, or endowments — this is a strong step in the right direction for the cryptocurrency space.NEW T
  
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• Elon Musk Shows Gaming Prowess, Adds Cuphead to Tesla Arcade

  27-07-2019 23:00
  With news that Tesla is adding throwback run and gun indie darling Cuphead to its growing Tesla Arcade library, the company takes an essential step toward making in-vehicle gaming an attractive proposition. Cuphead for Tesla coming out in August — e^👁🥧 (@elonmusk) July 27, 2019 Up until now, lackluster titles such as Beach Buggy Racing […]
  The post Elon Musk Shows Gaming Prowess, Adds Cuphead to Tesla Arcade appeared first on CCN Markets
  
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• IRS Advises Cryptocurrency Holders To Pay Back Taxes - Newsy

  27-07-2019 21:41 via newsy.com
  IRS Advises Cryptocurrency Holders To Pay Back Taxes  NewsyThe IRS is sending thousands of warning letters to cryptocurrency owners informing them that they may have incorrectly reported taxes owed.
  
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• Litecoin Could Blast Off Due to Halving and Wave Two of Bull Run

  27-07-2019 21:30
  The Litecoin halving is just a few days away. Even with this bullish catalyst on the horizon, the No. 4 cryptocurrency appears to be struggling against bitcoin. Litecoin (LTC/BTC) has posted four consecutive red candles on the monthly chart against bitcoin. The slump saw the coin’s value drop from the 2019 high of 1,893,900 satoshis […]
  The post Litecoin Could Blast Off Due to Halving and Wave Two of Bull Run appeared first on CCN Markets
  
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• Bitcoin Pullback Could Deepen, But Weakening Global Economy Could Bolster BTC

  27-07-2019 21:30 via newsbtc.com
  Bitcoin and the aggregated crypto markets have been spiraling downwards after bull’s attempt to bolster the markets yesterday faltered, leading to a continuation of the downwards pressure that BTC and other major cryptos have incurred over the past several weeks.
  Now, analysts are noting that there is a high probability that Bitcoin’s recent pullback extends significantly lower, but that in the long-term BTC’s price may be bolstered by growing global economic weakness.
  Bitcoin
  
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• Ethereum Blockchain Solutions for Enterprise Business: Pros and Cons

  27-07-2019 21:07 via cointelegraph.com
  Why are conglomerates and enterprises choosing Ethereum over everything else?
  
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• Crypto Tidbits: Bakkt’s Bitcoin Futures, Monex & Libra, Andrew Yang PAC Accepts BTC

  27-07-2019 20:00 via newsbtc.com
  Another week, another round of Crypto Tidbits. Bitcoin price action-wise, this week was rather boring. BTC trended lower, with volatility actually reaching multi-week lows on most trading markets.
  However, the fundamental side of this industry saw a number of intriguing developments this week. These include the start of user testing for Bakkt’s Bitcoin futures, a European airline looking into launching crypto payment support, and a large partnership between Lolli and a large American
  
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• Bitcoin Price Drops by $600 in 3 Minutes: Here Are Key Factors of the Slip

  27-07-2019 19:50
  The bitcoin price has dropped by more than $600 within three minutes from $10,069 to $9,440 on July 27 in an abrupt pullback. Against the U.S. dollar, at its lowest point on the day, the bitcoin price slipped by well over 7.5 percent to $9,333. Factors behind the drop of the bitcoin price Throughout the […]
  The post Bitcoin Price Drops by $600 in 3 Minutes: Here Are Key Factors of the Slip appeared first on CCN Markets
  
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• Price Analysis 27/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

  27-07-2019 19:28 via cointelegraph.com
  Which are the strongest altcoins that can lead the next rally? Let’s look at the charts
  
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• AT&T Wins Some, Loses Some, in Motion Dismissals in $24M SIM Swap Case

  27-07-2019 19:05 via cointelegraph.com
  Michael Terpin’s motion against AT&T in a SIM-swapping case has been dismissed by a federal judge
  
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• AT&T Not Responsible in $24M Crypto SIM-Swapping Case, Judge Rules

  27-07-2019 19:05 via cointelegraph.com
  Michael Terpin’s motion against AT&T in a SIM-swapping case has been dismissed by a federal judge
  
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• Bitfinex Swears It’s Trying Super Hard to Block US Bitcoin Traders

  27-07-2019 19:00
  Beset with allegations that it is flouting regulations by allowing US bitcoin traders to access its platform, cryptocurrency exchange giant Bitfinex promised that it’s trying super hard to stop that from happening. Bitfinex Admits US Resident Traded on Its Bitcoin Exchange In an official announcement published on Friday, Bitfinex confirmed a report from The Block that […]
  The post Bitfinex Swears It’s Trying Super Hard to Block US Bitcoin Traders appeared first on CCN Mar
  
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• YouTube’s ‘Bitcoin and Friends’: Why Satoshi Should Never Be Revealed

  27-07-2019 18:27 via cointelegraph.com
  Cointelegraph head of news Molly Jane Zuckerman interviewed Bitcoin himself, in the most recent of a series of interviews
  
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• Flying Soldiers & Nano Satellites: Are France & Macron Going Nuts?

  27-07-2019 18:00
  Eager to shed its “dropped once, never fired” reputation, France is assiduously gearing up for World War III. And the latest additions to President Macron’s armed forces will leave even the best military strategist speechless. A “Space Command” with laser-shooting Nano-satellites, an army of science fiction writers, and a Green Goblin-inspired flying soldier are just […]
  The post Flying Soldiers & Nano Satellites: Are France & Macron Going Nuts? appea
  
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• Bitcoin Wallet Review: BC Vault Throws Down the Gauntlet to Trezor

  27-07-2019 17:00
  The Bitcoin hardware wallet space is increasingly active, with new entrants coming up all the time. If you search “hardware wallet” on Amazon, you get dozens of options. The two most well-known companies, of course, are Ledger and Trezor. But a variety of alternatives exist. CCN received two BC Vault review units from a company […]
  The post Bitcoin Wallet Review: BC Vault Throws Down the Gauntlet to Trezor appeared first on CCN Markets
  
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• Netflix’s Bizarre ‘Solution’ to Subscriber Exodus & Stock Plunge: Toddlers

  27-07-2019 16:00
  Following Netflix’s report of declining subscriptions and subsequent drop in its stock price, the company is pivoting in its original content strategy to target a curious new demographic: toddlers. The Netflix Preschool Pivot Netflix appears to want to challenge Disney’s new streaming service by offering up a host of new shows aimed preschool-age viewers. Netflix […]
  The post Netflix’s Bizarre ‘Solution’ to Subscriber Exodus & Stock Plunge: Toddlers appea
  
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• New SFOX Report: Don’t Call Ethereum an ‘Altcoin’ Anymore

  27-07-2019 15:15 via cointelegraph.com
  Ether may not be an altcoin anymore, according to institutional cryptocurrency exchange San Francisco Open Exchange
  
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• The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

  27-07-2019 14:55
  For better or worse, bitcoin is now on the global political stage.  It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. Meanwhile, India just proposed an all-out ban on bitcoin while China scrambles to create […]
  The post The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly appeared first on CCN Markets
  
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• Cryptocurrency market update: Major cryptos turn red as bears dominate - FXStreet

  27-07-2019 14:40 via fxstreet.com
  Cryptocurrency market update: Major cryptos turn red as bears dominate  FXStreetMajor cryptocurrencies lost their traction on Saturday after a new selling wave hit the market. Although the lack of an obvious catalyst confused mark.
  
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• Crypto Exchanges Are Benefiting from Algorithmic Trading: Here’s How

  27-07-2019 14:40
  Matthew Trudeau, chief strategy officer at crypto asset exchange ErisX, responds to a recent article on high-frequency trading by CoinDesk
  
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• Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMine

  27-07-2019 14:14
  Crypto mining was a new frontier in 2011. Bitcoin’s ledger had just launched a couple of years earlier. Most were still barely getting used to the idea, and possibilities. At that point, it was common for Bitcoins to be mined from computers in basements and college dormitories. Many Bitcoins could be mined per day. Of […]
  The post Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMine appeared first on CCN Markets
  
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• TRX, NEO, LINK: Top-3 Crypto Losers of the Week — Price Analysis

  27-07-2019 14:09 via cointelegraph.com
  A further fall or will these losers reverse direction? Let’s look at the charts
  
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• Cryptocurrency This Week: India’s Calling For Blanket Ban, EU On Bitcoin’s ‘Anticompetitveness’ And More - Inc42 Media

  27-07-2019 14:05 via inc42.com
  Cryptocurrency This Week: India’s Calling For Blanket Ban, EU On Bitcoin’s ‘Anticompetitveness’ And More  Inc42 MediaWhile VC Tim Draper terms India's report calling for cryptocurrency ban, regressive, Gujarat CID has seized INR 38 Cr properties in Bitconnect Scam.
  
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• Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million

  27-07-2019 14:04
  The Trump administration has filed a $100 million lawsuit against infamous bitcoin exchange BTC-e and its alleged operator, Russian national Alexander Vinnik. Vinnik, who remains in custody in Greece as governments worldwide jockey to extradite him, stands accused of laundering billions of dollars worth of cryptocurrency stolen from other exchanges, most notably Mt. Gox. Trump […]
  The post Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million appeared first on CCN Markets
  
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• Bitcoin Price Rejected Above $10,000, Will $9,000 Break Or Bounce?

  27-07-2019 14:04 via newsbtc.com
  Bitcoin price has been on a wild ride throughout 2019, coming from bear market lows around in the $3,000 range all the way up to $14,000 before falling back below $10,000 and potentially looking at further downside if bulls cannot reclaim lost territory.
  This morning, Bitcoin price plummeted through $10,000 after a spike to $10,200 following last night’s daily close was rejected fiercely. The rejection sent Bitcoin sharply down to $9,500 where it is currently trading. With bulls in trouble
  
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• Crypto Assets Tank, Lose 5% in Minutes as Bitcoin Fails to Hold $10,000

  27-07-2019 13:31 via newsbtc.com
  Would you look at that — over the past 30 minutes, crypto assets have tanked. In a matter of about ten minutes, most large-cap altcoins, including Ethereum, XRP, and Litecoin, shed approximately 5% on average.
  The sell-off in the price of Bitcoin was the catalyst in this case, which in and of itself caught many traders with their pants down.
  With this move, Bitcoin dominance slipped, falling by 0.4% as the crypto asset class dumped in unison. This means that relative to altcoins, BTC actua
  
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• Bitcoin Price Crashes $800 in Minutes as Bears Eye $9K Support Next

  27-07-2019 13:25 via cointelegraph.com
  Bitcoin price sheds $10,000 as “Bart Simpson” trend line appears
  
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• FED Interest Rate Cut is Rocket Fuel For Bitcoin

  27-07-2019 12:40 via newsbtc.com
  The ebb and flow of crypto markets continues into the weekend as another day of gains follows one of losses. Bitcoin crept back over five figures but dumped again an hour or so ago. Industry observers and analysts are of mixed opinion as to its next major move as a FED interest rate cut looms.
  Bitcoin Tops $10k Again But Cant Hold It
  Another big spike sent BTC surging back above the psychological $10,000 barrier again during late trading yesterday. The move represented a gain of over 5 percent f
  
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• Bitcoin-Friendly Square Cash App Stock Price Up 56% in 2019

  27-07-2019 12:24 via cointelegraph.com
  A Bitcoin giveaway has been announced by Cashapp, they payments app of San Francisco-based payments company Square.
  
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• Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver

  27-07-2019 12:09
  According to a report out of Blocktempo, Cypherpunks Taiwan has successfully erected another Bitcoin satellite receiver. The island nation is apparently only the second country in Asia to do so after Japan pipped it to the post last year. This setup takes advantage of the controversial Blockstream satellite project that CCN previously reported on. Even […]
  The post Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver appeared first on CCN Markets
  
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• Bitcoin Price Retakes $10K as Fresh Data Supports Giant $300K+ Bull Run

  27-07-2019 11:12 via cointelegraph.com
  Bitcoin price back at five figures ahead of US dollar weakness
  
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• Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up

  27-07-2019 11:07 via cointelegraph.com
  An infographic illustrating what is Bitcoin, how it works, and why it is valuable has been recently published by the Chinese central bank
  
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• Binance Exchange’s Charity Falling Short of Transparency Goals

  27-07-2019 10:01
  Less than half of the donations made to the Binance Charity Foundation are accounted for on its website.
  
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• Binance Charity Foundation’s Donation Records Aren’t Transparent Yet

  27-07-2019 10:01
  Less than half of the donations made to the Binance Charity Foundation are accounted for on its website.
  
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• Bitcoin Price (BTC) Primed To Climb Further Above $10,200

  27-07-2019 06:28 via newsbtc.com
  Bitcoin price stayed above the $9,600 support level and climbed higher against the US Dollar.
  The price broke the $10,000 resistance and it is now testing the key $10,200 resistance.
  There was a break above a major contracting triangle with resistance near $9,910 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price is likely to continue higher once there is a successful close above the $10,200 resistance.Bitcoin price is gaining momentum above the $10,000 level against the
  
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• Pros And Cons Of Cryptocurrency: The Medium Of Financial Transaction – Analysis - Eurasia Review

  27-07-2019 05:35 via eurasiareview.com
  Pros And Cons Of Cryptocurrency: The Medium Of Financial Transaction – Analysis  Eurasia ReviewCryptocurrency is a digital medium of exchange in which peer-to -peer or P2P technology is used to create and manage monetary transaction. It is the digital ...
  
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• 10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS - Bitcoin News

  27-07-2019 05:18 via news.bitcoin.com
  10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS  Bitcoin NewsOn July 26, the U.S. Internal Revenue *Service* (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them ...
  
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• Report: US-Based Traders Can Still Access Bitfinex Services

  27-07-2019 04:26 via cointelegraph.com
  An unnamed trader has reportedly been able to access and use Bitfinex’s crypto trading platform from the U.S.
  
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• Co-Owner of Now-Defunct Crypto Exchange BitMarket Found Dead

  27-07-2019 03:16 via cointelegraph.com
  Tobiasz Niemiro, co-owner of now-defunct Polish cryptocurrency exchange BitMarket, has been found dead
  
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• Panera Bread, Porn, & Bitcoin At Center of Alleged Scandal Involving 86-Year-Old Woman

  27-07-2019 03:01 via newsbtc.com
  Let’s face it, there aren’t many instances where you can imagine a story entailing Bitcoin, porn, and Panera Bread, but that’s exactly the case with an 86-year-old Chicago woman.
  The tech-savvy elderly woman was able to connect the dots as to how a Bitcoin extortionist was able to find her through a data leak stemming from a Panera Bread rewards account she signed up for to receive a free bagel on her birthday.Birthday Bagel Turns into Bitcoin Extortion Scam and Porn-Related Th
  
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• Bitcoin-Rewards App Lolli Expands to 900 Retail Locations

  27-07-2019 03:00
  CEO Alex Adelman says the average Lolli user has earned $26 in bitcoin rebates.
  
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• US Prosecutors Indict BTC-e Crypto Exchange, Seek Millions in Penalties

  27-07-2019 02:40 via cointelegraph.com
  U.S. federal prosecutors are going after BTC-e and associated exec Alexander Vinnik due to allegedly facilitating financial crimes
  
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• Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here’s Why

  27-07-2019 02:00 via newsbtc.com
  Bitcoin and the aggregated crypto markets have been facing significant downwards pressure over the past couple of days that has led markets to retrace significantly from their recent highs that were set in late-June.
  Now, one prominent analyst who predicted Bitcoin’s recent drop is now noting that the aggregated crypto markets could retrace another 61% in the near-future before they reach a price level that sparks the next major bull run.
  Bitcoin and Crypto Markets Plunge as Bears Build St
  
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• IRS goes after cryptocurrency owners for unpaid taxes - CBS News

  27-07-2019 01:20 via cbsnews.com
  IRS goes after cryptocurrency owners for unpaid taxes  CBS NewsTax collectors recently found information on 13000 Coinbase account holders—and they're insisting on Uncle Sam's cut.
  
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• Will Boris’s Brexit Britain Be a Boon for Bitcoin? Google Search Suggests So

  27-07-2019 01:00 via newsbtc.com
  Boris Johnson’s recent appointment to the role of UK Prime Minister has coincided with a spike in Google searches in the nation for the word “Bitcoin”. In his first days in office, the newly-instated head of state has made it clear that he is refusing to play ball with the European Union and an already long-frustrating deadlock on the Brexit issue looks set to continue.
  This makes a UK departure from the European Union without any form of deal look increasingly likely. With an
  
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• Lightning Network Dev Announces Alpha Version of Node Monitoring Tool

  27-07-2019 00:53 via cointelegraph.com
  Lightning Labs has released an early version of a node management tool which lets users monitor network activity
  
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• Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge

  27-07-2019 00:43
  Ethereum, like most altcoins, has been clobbered by bitcoin in 2019, losing more than 39% against the flagship cryptocurrency. ETH recently broke below its historical support of 0.025 BTC and printed a fresh all-time low of 0.020138 BTC on Binance on July 16. With no support to keep its head above water, bears warn that […]
  The post Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge appeared first on CCN Markets
  
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• Report: Bill Miller Hedge Fund Surges 46% Thanks to Bitcoin, Amazon

  27-07-2019 00:36 via cointelegraph.com
  Bill Miller’s hedge fund reportedly saw 46% growth in the first half of 2019, partly due to investing in Bitcoin
  
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