Cryptocurrency news

• Investors Flock to Gold in Stock Market Rout. Why Didn't Bitcoin Pop?

  12-08-2019 23:30
  The bitcoin price is trading mostly flat today despite the fact that the stock market got hammered, with the Dow Jones tumbling some 400 points. Meanwhile, the gold price is looking bullish and is currently trading above $1,500 per ounce. For some reason, investors flocked to the precious metal instead of digital gold, at least […]
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• Congressional Research Service Finds Potential Blockchain Uses for Energy Sector

  12-08-2019 23:30
  Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process.
  
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• Argentine Peso Tanks Hard, Could it be Bullish for Bitcoin?

  12-08-2019 23:00 via newsbtc.com
  Bitcoin, the world’s number one cryptocurrency by market capitalisation, has been championed by many as a suitable hedge against the often-reckless and self-serving economic policies of governments. This includes episodes of currency devaluation caused by the very threat of such policies.
  Such is happening right now in Argentina. Today, the national currency, the peso, has tanked by almost 25 percent versus the US dollar.
  Economic Instability Drives People to Bitcoin?
  The Argentine peso dr
  
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• Blade raises $4.3M from Coinbase, SV Angel to reshape cryptocurrency derivatives trading - TechCrunch

  12-08-2019 22:51 via techcrunch.com
  Blade raises $4.3M from Coinbase, SV Angel to reshape cryptocurrency derivatives trading  TechCrunchExchanges like Coinbase have ballooned in size by taking the mechanics of equity markets and fitting them to cryptocurrency markets, but as the space expands ...
  
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• Brave Browser Sees 1,200% Increase of Registered Publishers Over Year

  12-08-2019 22:38 via cointelegraph.com
  The number of publishers using the blockchain-based decentralized browser Brave has increased by 1,200% over the past year
  
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• Korea Prepaid Card Invests in Blockchain Startup Bezant

  12-08-2019 22:30
  Korea Prepaid Card is the second largest investor in BaaS firm Bezant.
  
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• Korea Prepaid Card Invests in Blockchain-As-A-Service Company Bezant

  12-08-2019 22:30
  Korea Prepaid Card is the second largest investor in BaaS firm Bezant.
  
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• SEC Postpones Decision on Three Bitcoin ETF Rule Change Proposals

  12-08-2019 22:15 via cointelegraph.com
  The United States SEC has delayed its decision on whether to approve three Bitcoin ETF proposals
  
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• McAfee Blasts Twitter Over Callous Disregard for Bitcoin Scams

  12-08-2019 22:04
  Early on Monday, CCN brought to light the misadventures of an insidious scammer pretending to be none other than the Bitcoin renegade himself, John McAfee. McAfee: Twitter Never Even Responds to My Crypto Scam Reports After we tipped off McAfee and his wife, Janice, to the fraudulent article in question, John responded by sharing his […]
  The post McAfee Blasts Twitter Over Callous Disregard for Bitcoin Scams appeared first on CCN Markets
  
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• Exit Scams Swindled $3.1 Billion From Crypto Investors in 2019: Report

  12-08-2019 22:00
  In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity.
  
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• Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin

  12-08-2019 22:00 via newsbtc.com
  The further Bitcoin has climbed, the worse the altcoin market has suffered, to the point many are calling for an altcoin apocalypse that takes the price of most crypto assets to zero, except for Bitcoin and a select few that still provide value and utility.
  Of the top ten crypto assets, only two altcoins have statistically outperformed Bitcoin year-to-date and could provide insight into which altcoins have the best chance of recovering and reaching a new all-time high.
  Only Two Out of Ten Crypto
  
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• After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets

  12-08-2019 22:00 via newsbtc.com
  Last night saw the weekly close in Bitcoin price charts. All eyes were on the important weekly close, as Bitcoin price hovered right around weekly resistance that has kept Bitcoin in a downtrend since the start of 2018 – a downtrend that the leading crypto asset is very close to finally breaking out of for good.
  Bitcoin price ended up closing the weekly with the highest weekly close in all of 2019 and most of 2018 but was unfortunately not enough for bulls to prevent bears from potentially
  
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• WATCH: Ted Livingston Discusses Kik’s Response to the SEC

  12-08-2019 21:30
  Kik CEO Ted Livingston discussed his company's legal fight with the SEC on CoinDesk Live last week.
  
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• SEC Delays Decisions on 3 Bitcoin ETF Proposals

  12-08-2019 21:24
  The SEC has delayed making a decision on three different bitcoin ETF proposals until Sept. 29 at the earliest.
  
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• Dow Plunges 400 Points as Haven Demand Fuels Gold & Treasuries

  12-08-2019 21:15
  The Dow and broader U.S. stock market plunged anew on Monday, as threats to global economic health fueled a massive rally in haven assets like Treasuries and gold bullion. According to Goldman Sachs, bullion prices are heading higher over the next six months as U.S.-China trade tensions continue to erode risk sentiment. Dow Plunges 400 […]
  The post Dow Plunges 400 Points as Haven Demand Fuels Gold & Treasuries appeared first on CCN Markets
  
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• Crypto Analyst: Look For One Simple Sign Before Alt Season Has Officially Begun

  12-08-2019 21:00 via newsbtc.com
  Throughout 2019, and even during the 2018 bear market, the promise and allure of an “alt season” have kept crypto traders buying each dip in the altcoin market, meanwhile, Bitcoin and its parabolic rally have only decimated the alternative crypto asset category further through growing BTC dominance.
  The tides have started to turn and Bitcoin dominance has begun to reverse. As altcoins bounce strongly and give hope that the bottom is in, one crypto analyst warns that one simple signal
  
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• Dismal G2A Keyblocking Tool Prompts Extension, Rings Hollow with Devs

  12-08-2019 20:45
  Grey market game key reseller G2A announced today that it is extending the deadline on its proposed and much-publicized keyblocking tool. G2A initially scheduled to close signups on Aug. 15 but has since extended until the end of the month to allow time for other developers to register their interest. A meager 19 developers have […]
  The post Dismal G2A Keyblocking Tool Prompts Extension, Rings Hollow with Devs appeared first on CCN Markets
  
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• TZERO Officially Launches Public Security Token Trading оn Schedule

  12-08-2019 20:43 via cointelegraph.com
  TZERO is letting non-accredited investors trade in its equity security token and states they may pay out dividends in Bitcoin or Ether
  
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• ‘Amazon of Argentina’ Stock Plunges as Fernandez Win Shocks Market

  12-08-2019 20:38
  Argentine markets suffered what can only be characterized as a bloodbath on Monday, subjecting the peso, bonds, and local stocks to brutal declines. The reckoning spread beyond the shellshocked country’s borders, and one Nasdaq-listed firm dubbed the “Amazon of Latin America” suffered a merciless correction. Populist Alberto Fernandez Creams Mauricio Macri in Argentine Primaries Argentina’s […]
  The post ‘Amazon of Argentina’ Stock Plunges as Fernandez W
  
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• Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019: Study

  12-08-2019 20:26 via cointelegraph.com
  Thefts, scams and other misappropriation of funds from digital currency holders and exchanges have resulted in a $4.3 billion in losses throughout 2019, according to CipherTrace
  
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• Trump Could Put an End to Stock Market Madness with a Single Tweet

  12-08-2019 20:00
  Whether or not the U.S. economy is headed for a recession depends on who you ask. Wall Street firm Bank of America believes that the chances of a recession just went up. Meanwhile, economist Stephen Moore reportedly says that the economy is experiencing "short term pain for long-term gain," according to Fox Business. In the […]
  The post Trump Could Put an End to Stock Market Madness with a Single Tweet appeared first on CCN Markets
  
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• Historical Data Shows Bitcoin Price Correction Could Last 5 More Months

  12-08-2019 20:00 via newsbtc.com
  While crypto investors and traders are ready for the next bull run to fully commence, Bitcoin price has once again been rejected from highs above $12,000 and is potentially looking at more downside in the coming days.
  This is all normal, according to historic Bitcoin price charts, according to one crypto analyst, who says that past early bull market corrections have lasted roughly 200 days. If history repeats itself, which it often does, there could be another 5 months left for the current
  
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• Price Analysis 12/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

  12-08-2019 19:55 via cointelegraph.com
  If Bitcoin fails to rally within the next few days, chances are that it will slump to $9,080. Let’s consult the charts
  
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• Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?

  12-08-2019 19:03
  China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. Given Beijing's history of antagonism toward decentralized cryptocurrencies, what does […]
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• UK Pension and Welfare Agency Examining Blockchain and DLT

  12-08-2019 19:01 via cointelegraph.com
  The U.K.’s Department of Work and Pensions has identified blockchain and DLT as potentially beneficial technologies for payments infrastructures
  
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• Join CoinDesk at Our First Reader Meet-up in Argentina

  12-08-2019 19:00
  Join us in Bueno Aires this Friday for our first international reader meet-up.
  
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• Crypto Code Commits Remain Near All-Time Highs, Despite Price Declines

  12-08-2019 19:00
  A new report from Electric Capital identifies which blockchains are attracting developer activity.
  
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• Crypto Vs. Cash: Which Countries Expect to Go Digital Soon?

  12-08-2019 18:55 via cointelegraph.com
  Bitcoin instead of cash money - is it real and where?
  
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• Dow Tanks as Greedy Bears Gorge on Hong Kong, Argentina & Epstein

  12-08-2019 18:49
  The Dow Jones continued to expose its vulnerability on Monday, as the index traded down 267 points (0.85%) to 26,019. Most of the damage was done at the opening bell, with protests in Hong Kong, a shocking vote in Argentina, and Jeffrey Epstein fallout adding to a potent soup of bearish news for global risk […]
  The post Dow Tanks as Greedy Bears Gorge on Hong Kong, Argentina & Epstein appeared first on CCN Markets
  
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• Three UK Men Busted Over Bitcoin-Based Drug Ring

  12-08-2019 18:30
  The trio sold their products on the dark web and shipped as far as Australia.
  
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• EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform

  12-08-2019 18:26 via cointelegraph.com
  A fine wine investment trading platform that tracks the origin and quality of assets on a blockchain has selected EY to provide technology services
  
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• Insidious Bitcoin Scammer Masquerades as John McAfee

  12-08-2019 17:26
  An impersonator is attempting to scam followers of outspoken crypto celebrity John McAfee via Medium. The so-called "McAfee Crypto Extravaganza" promises mouth-watering 10x returns - if and only if - you deposit a small amount of Bitcoin or Ethereum in the attacker's wallet first. CCN first alerted Janice McAfee to the scam, who subsequently eviscerated […]
  The post Insidious Bitcoin Scammer Masquerades as John McAfee appeared first on CCN Markets
  
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• Exclusive: FATF’s New Crypto Surveillance System is Fake News

  12-08-2019 17:11
  Finance Magnates spoke with FATF senior policy analyst Tom Neylan to clear up recent rumours.
  
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• Colu May Buy Back ICO Tokens in Pivot Away From Blockchain

  12-08-2019 17:01
  The blockchain startup that supported local economies will repurchase approximately 54 million tokens from its ICO sale.
  
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• Bitcoin plastic REVOLUTION: Banks allow credit card cryptocurrency sales in just 2 YEARS - Express

  12-08-2019 16:57 via express.co.uk
  Bitcoin plastic REVOLUTION: Banks allow credit card cryptocurrency sales in just 2 YEARS  ExpressBanks will lift the ban on buying cryptocurrency with credit cards before 2022, claims a tech billionaire. Mike Novogratz, the founder of crypto firm Galaxy Digital, ...
  
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• Bitcoin Could've Stopped 9/11: Max Keiser Spouts Cringeworthy Hopium

  12-08-2019 16:55
  Max Keiser did nothing but help magnify the Bitcoin community’s reputation as an irrational cult this weekend when he suggested that Bitcoin could have stopped the horrific terrorist attacks of September 11th, 2001. The famed Bitcoin enthusiast and host of the Keiser Report is unabashedly optimistic about BTC’s potential to change the world, and he […]
  The post Bitcoin Could've Stopped 9/11: Max Keiser Spouts Cringeworthy Hopium appeared first on CCN Markets
  
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• Inside the Story: The Attempted Binance Extortion Explained

  12-08-2019 16:30
  In this video we explore how we researched and wrote our Binance KYC Leak story and what we know about the hacker, the hack, and the future of Binance.
  
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• Economy Fights Crisis With Cheap Borrowing, Can Bitcoin Take Over?

  12-08-2019 16:19 via newsbtc.com
  The third-largest bank in Denmark, Jyske Bank, now offers a 10 year fixed rate mortgages at -0.5%. This means customers will pay back less than the amount borrowed. Mortgage fees are still payable, likely negating any benefit to borrowers, but some see this unprecedented move as indicative of a troubled economy.Economy In Crisis
  Indeed, the European banking sector is in decline, as evidenced by the recent cull at Deutsche Bank. And while management pinned this on an unprofitable equities market,
  
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• Cryptocurrency Regulations: The Good, The Bad And the Future

  12-08-2019 16:19 via newsbtc.com
  In June 2019, the Financial Action Task Force (FATF), an inter-governmental agency created to address and reduce international money laundering, terrorist financing, and other financial threats, released new guidelines for international banks.
  These standards were also affirmed by the G20 in June. A collective agreement was made to apply the rules at the G20 meeting in Fukuoka, Japan and communicated by the Japanese Ministry of Finance in a statement.
  Bad News for South Korean Cryptocurrency Exc
  
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• IBM and Tata Become Governing Council ‘Owners’ of Hedera DLT Platform

  12-08-2019 15:57 via cointelegraph.com
  IBM and Tata Communications have joined the governing council of Hedera in a “powerful endorsement” of its hashgraph consensus mechanism
  
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• US Unveils FedNow, Bitcoin Cash Vs. Coinbase | Coffee and Crypto

  12-08-2019 15:18 via cointelegraph.com
  In this week’s “Coffee and Crypto,” Olivia and Molly Jane explore the Fed’s plans for a real-time payments system, and the alleged leak of Binance’s KYC data
  
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• New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto

  12-08-2019 15:15
  New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.
  
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• CipherTrace: Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019 - VentureBeat

  12-08-2019 15:00 via venturebeat.com
  CipherTrace: Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019  VentureBeatCryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019, according to a report by cryptocurrency intelligence firm CipherTrace, which previously ...
  
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• Bitcoin Cash Labeled a ‘Wounded Animal’ But BCH Could Still Surge 150%

  12-08-2019 15:00 via newsbtc.com
  There has only been one mover and shaker in the world of cryptocurrencies over the past month or so. All eyes have been on Bitcoin while its smaller siblings have been eroded as altcoins remain in deep hibernation.
  Big Potential on Bitcoin Cash Chart
  BCH is one of today’s top crypto assets in terms of 24 hour gains. From a weekend low of $308, Bitcoin Cash has surged over 10 percent to hit an intraday high of $340 during Sunday trading. Monday has seen a pullback to around $330 which is st
  
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• Goldman Sachs Gets Bullish on Bitcoin With a Price Target of $13,971

  12-08-2019 14:34 via cointelegraph.com
  Goldman Sachs targets $13,971 for Bitcoin, with potential further push after consolidation
  
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• Facebook’s Libra cryptocurrency is part of a disturbing financial trend - Washington Post

  12-08-2019 14:29 via washingtonpost.com
  Facebook’s Libra cryptocurrency is part of a disturbing financial trend  Washington PostIn June, Facebook announced plans to effectively create its own alternative currency called Libra — and, eventually, a financial system to go with it.
  
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• Facebook’s Libra cryptocurrency is part of a disturbing financial trend - The Washington Post

  12-08-2019 14:29 via washingtonpost.com
  Facebook’s Libra cryptocurrency is part of a disturbing financial trend  The Washington PostIn June, Facebook announced plans to effectively create its own currency, called Libra — and eventually a financial system to go with it. Libra was, of course, ...
  
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• 10 Global Enterprises Looking to Issue Their Own Cryptos

  12-08-2019 14:22 via cointelegraph.com
  Ten global enterprizes considering or already using the cryptocurrencies in their businesses - Tencent, JPM, Walmart are just several firms form the list
  
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• IBM, Tata Become First Big Techs to Back Hedera Hashgraph Blockchain

  12-08-2019 14:00
  IBM and Indian telecom Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.
  
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• IBM, Tata Become First Big Techs to Back Hedera Blockchain

  12-08-2019 14:00
  IBM and Indian telecom Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.
  
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