Cryptocurrency news

• Court Rejects Coinbase Attempt to Dismiss BCH Negligence Claims

  07-08-2019 23:52
  Coinbase will face the buyers’ negligence claims and the court also denied its motion to move the case to arbitration.
  
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• Dark Market Drug Dealers Plead Guilty, Forfeit Crypto Proceeds

  07-08-2019 23:45 via cointelegraph.com
  A couple based out of California has pleaded guilty to distributing drugs via a dark-web marketplace in exchange for cryptocurrencies
  
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• Willy Woo’s Bitcoin Difficulty Ribbon Suggests Drop Below $6,000/BTC “Very Unlikely”

  07-08-2019 23:00 via newsbtc.com
  On-chain metrics analyst Willy Woo believes we may never see another $6,000 Bitcoin again. The trader bases his theory on his latest technical indicator, the Bitcoin Difficulty Ribbon.
  Woo argues that a miner capitulation he expects to see in 2020, along with the halving of Bitcoin supply next May, will “add more fuel to the bull market.”
  Woo: Reducing Numbers of Bitcoin Hitting Market Will Fuel Current Bull Season
  Appearing on former Wall Street trader Tone Vays’s Trading Bitc
  
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• Gold Beats the S&P 500 YTD but Risks Abound for the Safe-Haven Asset

  07-08-2019 23:00
  As volatility ravages the stock market, it is no surprise that demand for safe-haven assets is soaring. The controversial godfather of defensive assets, gold, has outperformed the S&P 500 year-to-date, and it’s undoubtedly no coincidence. Traditional anti-equity plays like the Japanese yen, Swiss franc, and government bonds are also in multi-week bull trends while bitcoin […]
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• Crypto Tax Bill Introduced in the US House of Representatives

  07-08-2019 22:17 via cointelegraph.com
  A U.S. lawmaker has introduced a bill that, once law, would free up cryptocurrencies from double taxation under current regulations
  
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• Crypto Startups Still Raising Millions in Capital Despite ICO Decline

  07-08-2019 22:02 via cointelegraph.com
  Has VC completely nullified the need for ICOs or will startups rebrand the crypto fundraising mania under the guise of IEOs and STOs?
  
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• New Jersey Calls Two ICOs ‘Fraudulent Securities,’ Issues Stop Order

  07-08-2019 22:00
  New Jersey's Bureau of Securities has issued emergency stops on two ICOs its claims are fraudulent securities
  
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• Less Than $1 Million Free USDT Issued So Far by Tron Foundation

  07-08-2019 22:00
  Remember that time that Justin Sun promised a loyal Tron fan a Tesla Model 3 but wound up awarding it to someone else? It’s not fair to mention that without mentioning that Sun later did give the lucky winner his automobile but only after community pressure led him to cave in. The Sun & Tron […]
  The post Less Than $1 Million Free USDT Issued So Far by Tron Foundation appeared first on CCN Markets
  
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• Bitcoin Price Weekly Close Above $11,500 Would Be First in Nearly 18 Months

  07-08-2019 22:00 via newsbtc.com
  Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market.
  But before it gets there, Bitcoin price still needs to close a weekly candle above $11,500 – a feat it hasn’t accomplished in nearly 18 months.
  Bear Market Began at $11,500, BTC Stuck Below Resistance Since
  High timef
  
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• NASAA Reports Increase in Cryptocurrency Fraud Identified by State & Provincial Regulators - Crowdfund Insider

  07-08-2019 21:55
  NASAA Reports Increase in Cryptocurrency Fraud Identified by State & Provincial Regulators  Crowdfund Insider130 Crypto Investigations Have Been Launched in the US and Canada The North American Securities Administrators Association (NASAA), the lobbying.
  
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• Kik Lawyers Say SEC Has No Strong Evidence, Twisted Facts in Complaint

  07-08-2019 21:54 via cointelegraph.com
  Kik says the SEC has seriously misrepresented the facts relevant to their case, and they will not succeed in the courtroom
  
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• Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities

  07-08-2019 21:36 via cointelegraph.com
  Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
  
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• Dow Erases 600-Point Plunge But Macro Risks Threaten US Economy

  07-08-2019 21:33
  The Dow and broader U.S. stock market executed a mammoth afternoon recovery on Wednesday to erase steep morning losses, even as global bond yields continued to unravel. Dow Pares Losses; S&P 500, Nasdaq Flip Green After plunging nearly 600 points, the Dow Jones Industrial Average had pared almost all of its losses by late afternoon. […]
  The post Dow Erases 600-Point Plunge But Macro Risks Threaten US Economy appeared first on CCN Markets
  
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• Price Analysis 07/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

  07-08-2019 21:21 via cointelegraph.com
  Can Bitcoin sustain the recent up-move or is it time to book profits? Let’s consult the charts
  
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• Bernie Sanders Vows to Expose Area 51's UFO Secrets

  07-08-2019 21:21
  Bernie Sanders may not be the president you want, but he's absolutely the president you need. That is, if you're holding onto hope that one day soon someone will expose all of Area 51's dirty secrets. President Bernie Sanders Will Tell Us All About the UFOs Sanders went on the wildly popular Joe Rogan Experience […]
  The post Bernie Sanders Vows to Expose Area 51's UFO Secrets appeared first on CCN Markets
  
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• Decrypting The New IRS Cryptocurrency Compliance Letters - Law360

  07-08-2019 21:07
  Decrypting The New IRS Cryptocurrency Compliance Letters  Law360Last month the IRS announced it will send over 10000 taxpayers "educational letters" concerning their cryptocurrency reporting compliance, providing a ...
  
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• Bitcoin Still Offers Significant Upside - Seeking Alpha

  07-08-2019 21:02
  Bitcoin Still Offers Significant Upside  Seeking AlphaThe supply rate of Bitcoin from mining and the number of Bitcoin users are two of the primary drivers of Bitcoin's price. The upcoming reduction in supply rate.
  
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• South Korean capital wants city-native cryptocurrency - Cryptopolitan

  07-08-2019 21:01
  South Korean capital wants city-native cryptocurrency  CryptopolitanSouth Korea has always been at the forefront of technological development but its capital's recent initiative to adopt a city-wide cryptocurrency was defin.
  
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• Fortnite Boycott Forces Epic Into a BRUTE-al Corner

  07-08-2019 20:47
  The start of Fortnite Season 10 was supposed to be a joyous occasion as Epic Games spoiled players with a slew of new content ranging from the progression of the battle royale's ongoing environmental narrative and fresh challenges to the addition of new vehicles, skins and, weapons. Things didn't quite pan out, though, thanks to […]
  The post Fortnite Boycott Forces Epic Into a BRUTE-al Corner appeared first on CCN Markets
  
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• WATCH: Join CoinDesk LIVE With Ted Livingston, CEO of Kik

  07-08-2019 20:45
  After rocky interactions with the SEC, Kik CEO Ted Livingston will join us on CoinDesk LIVE.
  
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• WATCH: Join CoinDesk LIVE With Kik CEO Ted Livingston

  07-08-2019 20:45
  After rocky interactions with the SEC, Kik CEO Ted Livingston will join us on CoinDesk LIVE.
  
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• This Dow Jones Stock Has Wind at Its Back, Leads the Index

  07-08-2019 20:30
  Coca-Cola is trading in the green today, which is more than we can say for most of the 30 Dow Jones components. The stock is up roughly 1.5 percent, making it the top performer among its Dow Jones index peers. Coca-Cola is a way to play the U.S./China trade war because it's more of a […]
  The post This Dow Jones Stock Has Wind at Its Back, Leads the Index appeared first on CCN Markets
  
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• HMRC Asks UK Cryptocurrency Exchanges For Customer Info - Law360

  07-08-2019 20:26
  HMRC Asks UK Cryptocurrency Exchanges For Customer Info  Law360The British tax authority has written to several cryptocurrency exchanges, requesting that they hand over user data in a bid to claw back unpaid taxes that may ...
  
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• Coinbase Must Face Negligence Suit Over Bitcoin Cash Listing, Judge Rules

  07-08-2019 20:15
  Coinbase will have to face a negligence lawsuit from customers who bought bitcoin cash during the 2017 bull run, a judge ruled.
  
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• Coinbase Must Face Negligence Suit Over Bitcoin Cash Launch, Judge Rules

  07-08-2019 20:15
  Coinbase will have to face a negligence lawsuit from customers who bought bitcoin cash during the 2017 bull run, a judge ruled.
  
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• ShapeShift Addresses KeepKey Hardware Wallet Vulnerability Report

  07-08-2019 20:07 via cointelegraph.com
  Crypto swaps and hardware wallet producer ShapeShift responded to recent reports that there was a side-channel attack vulnerability in one of its devices
  
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• North Carolina Congressman Reintroduces Crypto Tax Bill

  07-08-2019 20:00
  Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code
  
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• Bitcoin Price Dives $700 as Simpsons Pattern Rears Its Ugly Head

  07-08-2019 19:52
  The bitcoin price careened below $11,500 on Wednesday afternoon as a Simpsons-inspired technical formation reared its ugly head - and sapped the momentum out of the crypto market's rally. Bitcoin Price Slides Below $11,500 in Rapid Pullback The dominant cryptocurrency had surged past $12,000 shortly after 9:00 am ET, only to relinquish those gains in […]
  The post Bitcoin Price Dives $700 as Simpsons Pattern Rears Its Ugly Head appeared first on CCN Markets
  
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• Cryptocurrency ATM Network Bitcoin Depot Acquires Texas-Based Competitor, DFW Bitcoin in First-of-its-Kind Acquisition - Yahoo Finance

  07-08-2019 19:37
  Cryptocurrency ATM Network Bitcoin Depot Acquires Texas-Based Competitor, DFW Bitcoin in First-of-its-Kind Acquisition  Yahoo FinanceBitcoin Depot strengthens their leadership position in the market through acquisition and signals major growth in the cryptocurrency ATM industry ATLANTA ...
  
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• Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward

  07-08-2019 19:35 via cointelegraph.com
  Bitcoin briefly broke the $12,000 mark again as most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time
  
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• Dow Recoils as Bonds Surge, Oil Crashes & Recession Alarms Ring

  07-08-2019 19:29
  Wild volatility continues to run rampant on Wall Street, and the Dow Jones succumbed to another dizzying pullback on Wednesday. After plunging as much as 600 points, dip-buying dragged the DJIA to a more "respectable" 212.14 point (-0.81%) decline to 25,817.38. Once again, the trade war and collapsing yields lie at the heart of the […]
  The post Dow Recoils as Bonds Surge, Oil Crashes & Recession Alarms Ring appeared first on CCN Markets
  
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• Seoul to Release Native City-Wide Crypto as Part of Smart City Development

  07-08-2019 19:24 via cointelegraph.com
  The South Korean capital is looking to release a native city-wide digital currency dubbed S-coin to encourage citizens to participate in the city’s governance
  
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• Wayne Rooney's Move to English Championship Club Is Not About MLS

  07-08-2019 19:05
  Wayne Rooney has agreed to leave MLS franchise D.C. United for English Championship club Derby County. England's record goalscorer is expected to take up a player-coach role in the second tier of English football. The 33-year-old moved to the MLS in June 2018 from Premier League side Everton. He reportedly signed a two-and-a-half-year deal worth […]
  The post Wayne Rooney's Move to English Championship Club Is Not About MLS appeared first on CCN Markets
  
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• Bitcoin price bounces back as cryptocurrency experts predict huge jump - The Independent

  07-08-2019 19:01
  Bitcoin price bounces back as cryptocurrency experts predict huge jump  The IndependentThe price of bitcoin has broken above $12000 (£9870) to take its week-on-week gains above $2000 and bring an end to a shaky time for cryptocurrency ...
  
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• Evil Bitcoin Ransomware Won't Return Your Data - Even After You Pay

  07-08-2019 18:41
  An insidious new strain of Bitcoin ransomware adds insult to injury for its unfortunate victims, as it refuses to restore access to your data - even after you fork over the ransom payment. The malware, GermanWiper, tells victims it has encrypted their data, when in reality it has erased it completely. It then demands 0.15038835 […]
  The post Evil Bitcoin Ransomware Won't Return Your Data - Even After You Pay appeared first on CCN Markets
  
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• Canadian Bitcoin Educator Outwits Scammer, Donates Money to Charity

  07-08-2019 18:37 via cointelegraph.com
  A Canadian Bitcoin educator scammed a crypto scammer and sent the money to charity
  
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• California Couple to Forfeit Cryptocurrency Riches After Drug Bust - CoinDesk

  07-08-2019 18:30
  California Couple to Forfeit Cryptocurrency Riches After Drug Bust  CoinDeskA California couple has pleaded guilty to a series of crimes related to darknet cryptocurrency deals, according to a Department of Justice filing on August 6.
  
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• California Couple to Forfeit Cryptocurrency Riches After Drug Bust

  07-08-2019 18:30
  The couple must forfeit an undisclosed sum of bitcoin and bitcoin cash they acquired from selling illicit goods on a dark web marketplace.
  
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• NASAA Continues Crypto Crackdown with 130 New Cases in 2019

  07-08-2019 18:24
  These investigations are part of the association’s ongoing coordinated regulatory initiative called Operation Cryptosweep.
  
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• Bitcoin Research Proves Crypto Is Becoming a Stock Market Hedge

  07-08-2019 17:39
  More than a decade into its existence, Bitcoin is finally maturing into a full-blown stock market hedge. That's the conclusion of new research from crypto prime dealer SFOX, which indicates that Bitcoin and other major cryptocurrencies like Ethereum have developed a negative correlation with the S&P 500. This means that as the stock market bellwether […]
  The post Bitcoin Research Proves Crypto Is Becoming a Stock Market Hedge appeared first on CCN Markets
  
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• How Cryptocurrency's Sweet Spot Can Help Balance Your Investment Portfolio - Forbes

  07-08-2019 17:14
  How Cryptocurrency's Sweet Spot Can Help Balance Your Investment Portfolio  ForbesIn the grand scheme, it's important for any investor to avoid getting carried away with cryptocurrency's glitz and glamour.
  
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• Bitcoin is as bitcoin does: Cryptocurrency continues to exasperate traders and investors - Express

  07-08-2019 17:07
  Bitcoin is as bitcoin does: Cryptocurrency continues to exasperate traders and investors  ExpressTHE frustrating world of cryptocurrency continues to exasperate traders and investors alike as the unpredictability of unseen market forces deliver wild price ...
  
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• Ex-Coinbase CTO Is Behind Mysterious Nakamoto.com, Sources Say

  07-08-2019 17:00
  "Nakamoto is bitcoin country. HODL or GTFO." Sources tell CoinDesk this is the new project from former Coinbase CTO Balaji Srinivasan.
  
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• Online Sentiment Toward Crypto Market in 2019 — Attitudes Are Positive

  07-08-2019 16:45 via cointelegraph.com
  Barring some mainstream media articles, most crypto-oriented content online present the industry in a good light, social media platforms driving sentiment change
  
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• Binance Rebukes 'KYC Leak FUD' as Controversy Roils Bitcoin Giant

  07-08-2019 16:41
  Binance is currently running interference against what it views as a “fear, uncertainty, and doubt” campaign against the Bitcoin exchange giant. The objective of its perceived attackers seems to be making Binance users believe that their know-your-customer or private information is not private at all. The Alleged Leak That Won't Go Away Rumors of a […]
  The post Binance Rebukes 'KYC Leak FUD' as Controversy Roils Bitcoin Giant appeared first on CCN Markets
  
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• Ninth Circuit on Actual Delivery of Purchased Cryptocurrency - The National Law Review

  07-08-2019 16:23
  Ninth Circuit on Actual Delivery of Purchased Cryptocurrency  The National Law ReviewIn CFTC v Monex Credit the court clarified that actual delivery of cryptocurrency as a commodity requires at least “some meaningful degree of possession or ...
  
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• Cryptocurrency Exchange Bitoffer Adds Dash With InstantSend Support - Dash News

  07-08-2019 16:20
  Cryptocurrency Exchange Bitoffer Adds Dash With InstantSend Support  Dash NewsPosted by Justin Szilard | Aug 7, 2019 | News |. Cryptocurrency Exchange Bitoffer Adds Dash With InstantSend Support. Hong Kong-based exchange BitOffer ...
  
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• New Blockchain Book Comes With $25 in Free Crypto when Purchased from blockchainforeveryone.com

  07-08-2019 16:08
  Crypto is finally hitting the mainstream publishing industry. Purchases of the new book BLOCKCHAIN FOR EVERYONE, by Sir John Hargrave, made exclusively on Hargrave’s website blockchainforeveryone.com will be eligible for $25.00 in Dai cryptocurrency, courtesy of Hargrave’s arrangement with Maker and Coinbase. “This cross-promotion may be the first of its kind in the publishing industry,” […]
  The post New Blockchain Book Comes With $25 in Free Crypto when Purchased
  
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• Scalability Is Key – Blockchain Platforms That Are Pushing On-Chain Scalability Forward

  07-08-2019 16:07 via newsbtc.com
  The blockchain industry remains confident on its way towards mass adoption: at this point, even U.S. Senators agree that the technology’s dominance is “inevitable”. However, there is an Achilles heel: Bitcoin (BTC), at least in its current stage, is bad at scaling, and so are most of the coins.
  Top coins are lagging behind in terms of speed
  The problem became evident at the very start — in fact, one of the very first public comments on the Satoshi Nakamoto’s white p
  
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• Dow Suffers Brutal 475 Point Reversal, Trump Blames Fed

  07-08-2019 16:06
  The Dow Jones snapped back into its brutal reversal on Wednesday, as recession alarms thundered throughout the global economy and China continued to confound analysts with its handling of the yuan. But to hear President Trump tell it, the stock market’s dismal downturn has a singular cause: the US Federal Reserve. Dow Craters, Slides Toward […]
  The post Dow Suffers Brutal 475 Point Reversal, Trump Blames Fed appeared first on CCN Markets
  
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