Cryptocurrency news

• Tesla Shorts Are Raking in Profits as Bulls Patiently Await a Short Squeeze

  13-08-2019 23:40
  By CCN Markets: Traders are shorting TSLA stock like it's going out of style. Tesla shorts are generating profits hand-over-fist, netting $2.75 billion in mark-to-market profits year-to-date, according to Bloomberg citing S3 Partners data. Ihor Dusaniwsky, managing director at S3 Partners, in recent weeks tweeted that short interest in TSLA was $9.5 billion with roughly […]
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• Cryptocurrency Market Sees Red as Bitcoin Slumps Below $11,000

  13-08-2019 23:20 via cointelegraph.com
  The crypto market is in the red, and BTC has fallen under $11,000 after failing to hold at $12,000
  
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• Samsung Quietly Adds Bitcoin to its Blockchain Keystore

  13-08-2019 23:00 via newsbtc.com
  Korean tech giant Samsung has added Bitcoin support to its Blockchain Keystore SDK. This will eventually allow users to use Bitcoin with applications via the company’s secure storage hardware featured on supported devices.
  In addition to adding Bitcoin, the Samsung Blockchain Keystore SDK will also support the Klaytn network too. Klaytn is the blockchain effort by Korea’s largest social messaging company, Kakao.
  More Bitcoin Support Comes to Samsung Devices
  When Samsung first reveale
  
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• Kraken Users’ Report Difficulties With Connecting to Site and API

  13-08-2019 23:00 via cointelegraph.com
  Kraken has warned the public that it is receiving reports of clients having issues connecting to the site and API
  
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• Industry Investors Shift Focus From Crypto to Convergence Apps: Report

  13-08-2019 22:56 via cointelegraph.com
  Outlier Ventures’ new report provides insight into blockchain investment and market trends in 2019, showing a shift from cryptocurrencies to convergence applications
  
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• Disgruntled Investor Appeals to U.S. SEC Guidelines in Class Action Suit Against Ripple

  13-08-2019 22:38 via cointelegraph.com
  A class action suit has appealed to SEC guidelines to make its case that Ripple sold XRP as an unregistered security
  
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• Google Cloud Partners With Enterprise Blockchain Platform Cypherium

  13-08-2019 22:26 via cointelegraph.com
  Google Cloud and blockchain platform Cypherium have partnered to allow corporate customers to use Cypherium’s enterprise solutions
  
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• Altcoin Chainlink On-Chain Activity Makes It A Standout In Crypto Market

  13-08-2019 22:00 via newsbtc.com
  The crypto market is a new and emerging asset class that – due to the various innovation factors, its speculative nature, and the technological intricacies of each individual coin – makes assigning a value to any altcoins exceedingly difficult to pinpoint with any sort of accuracy.
  Crypto analysts use a variety of metrics to determine any fundamental benefits that could affect the long-term price growth of the asset. One such metric is on-chain activity, and according to a prominent
  
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• Cryptocurrency ATM Network Bitcoin Depot Acquires Texas-Based Competitor, DFW Bitcoin in First-of-its-Kind Acquisition

  13-08-2019 21:35
  Bitcoin Depot strengthens their leadership position in the market through acquisition and signals major growth in the cryptocurrency ATM industry. ATLANTA, GA, August 7, 2019: Bitcoin Depot, a cryptocurrency ATM network based in Atlanta, Georgia, today announced the acquisition of a competitor, DFW Bitcoin. The acquisition of a major Bitcoin ATM operator signals continued strong […]
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• Ninja Porn Fiasco Exposes Even More Serious Twitch Controversy

  13-08-2019 21:33
  By CCN Markets: As the streaming community reels from Twitch's controversial decision to use Fortnite star Ninja's channel to highlight other streamers, accidentally promoting pornography in the process, some say that it has exposed a far more serious issue with the platform. Ex-VP: Twitch Betrayed Fortnite Legend Ninja Even Before It Streamed Porn on His […]
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• US Court Temporarily Freezes $8M in Response to SEC Request Yesterday

  13-08-2019 21:16 via cointelegraph.com
  U.S. district court has approved of the temporary freeze on $8 million of a New York citizen and two of his entities’ related assets following the U.S. SEC
  
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• Crypto media fooled by fake Mike Tyson cryptocurrency - Modern Consensus

  13-08-2019 21:07 via modernconsensus.com
  Crypto media fooled by fake Mike Tyson cryptocurrency  Modern ConsensusA story in VentureBeat and Cointelegraph about an Iron Mike-backed blockchain startup for fighters is on the ropes | Say this in Mike Tyson's lisping, ...
  
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• Dow Feasts on Apple Rally, But Tariff Delay Won't Fix Trump's Trade War

  13-08-2019 21:06
  By CCN Markets: The Dow and broader U.S. stock market shot higher on Tuesday, bucking a dismal start to the trading day after the Trump administration announced it would delay new tariffs on several categories of Chinese goods. However, delays don't mean the trade war is over. Fresh duties on several Chinese imports will go […]
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• Coinsquare Partners with FlexaHQ to Bring Crypto Payments to Canada

  13-08-2019 21:03 via cointelegraph.com
  Crypto exchange Coinsquare partners with payments startup Flexa to bring in-store digital currency payments to Canada
  
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• Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens

  13-08-2019 21:00
  The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges has disappeared after hitting 2019 highs.
  
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• Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target

  13-08-2019 20:01
  By CCN Markets: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the Elon Musk-led company’s gross margin fell 168 basis points annually during the second quarter as the production of Model 3 units increased. But asset management firm ARK Investment forecasts that […]
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• Crypto Investors Believe There’s More Pain Ahead For the Altcoin Market

  13-08-2019 20:00 via newsbtc.com
  Bitcoin has had near non stop bullish momentum throughout 2019, but the altcoin market hasn’t been near as fortunate – sans a couple of outliers. The sentiment surrounding altcoins is in the gutter, and prices of even top altcoins have continued to drop in USD value and even more so in their BTC ratios.Even with all the negativity in the altcoin market, the vast majority of crypto investors expect there to be “more pain” ahead for altcoins like Ethereum, Ripple, and Litec
  
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• Santa Claus Rally Comes Early. These 3 Dow Jones Stocks Lead the Way

  13-08-2019 19:30
  By CCN Markets: If you're wondering what's behind the rally in the Dow Jones and S&P 500 indexes, you can thank Santa Claus. President Trump in a sudden move decided to delay the latest round of China tariffs, which were originally planned for September. The reason? Trump reportedly said he's "doing this for the Christmas […]
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• Blockstack Joins Lambda School for New Platform to Teach App Coding

  13-08-2019 19:27 via cointelegraph.com
  Blockstack announces collaboration with Lambda School to teach dApp coding
  
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• North Korea is funding its weapons program with stolen cryptocurrency - MIT Technology Review

  13-08-2019 19:25 via technologyreview.com
  North Korea is funding its weapons program with stolen cryptocurrency  MIT Technology ReviewState-sponsored hackers from North Korea have been targeting crypto exchanges.
  
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• Power Ledger and KEPCO Complete Blockchain Energy Trade Trial in Japan

  13-08-2019 19:13 via cointelegraph.com
  Power Ledger announces test completion of a peer-to-peer system with promise for post-FIT surplus power in the Japanese city of Osaka
  
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• SEC Files Emergency Action Against Organizer of ‘Fraudulent’ $15 Million ICO

  13-08-2019 19:10
  The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO.
  
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• Why Zcash Suddenly Became the Crypto Market's Black Sheep

  13-08-2019 18:40
  By CCN Markets: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Among […]
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• Dow Surges 400 Points, But CPI Just Bucked an 18-Year Trend

  13-08-2019 18:12
  By CCN Markets: The Dow Jones rallied more than 400 points on Tuesday as markets cheered the Trump administration’s decision to delay tariffs on essential household products. US Consumer Price Index (inflation) data also impressed, showing the resilience of the economy amid the trade war saga. However, the CPI did something the market hasn't seen […]
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• Development ‘On the Chain’ to Promote Off-Chain Blockchain Adoption?

  13-08-2019 18:10 via cointelegraph.com
  What does the next decade hold for #blockchain? Amid a weakened global economy, cryptocurrencies could be a great portfolio diversifier and more institutions will likely adopt blockchain, writes Alexandra Tinsman (@Inside_NEM) of @NEMofficial
  
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• PIVX, Possibly Other PoS Chains Vulnerable to Bug, Attackers Profit

  13-08-2019 18:06 via cointelegraph.com
  Private transactions cryptocurrency PIVX is vulnerable to a bug allowing the attacker to obtain unfairly high staking rewards
  
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• Seed SEF Launches Physically-Settled BTC Derivatives Testing

  13-08-2019 17:49
  The user accepted testing environment will carry on through early August.
  
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• Safe Haven? Bitcoin Price Falls Below $11,000 Alongside Gold Bull Rejection

  13-08-2019 17:37 via newsbtc.com
  Bitcoin price has been rallying throughout 2019, and most believe that the crypto asset is about to embark on its greatest bull run yet. As global economic tensions and uncertainty rise, so does the price of gold and its digital counterpart Bitcoin. The rise has only further driven Bitcoin’s safe-haven asset narrative, suggesting it’s the best store of value during times of economic collapse.
  Before the economy can collapse, the price of both Bitcoin and gold have begun to pull back,
  
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• Seed CX Begins Testing Swap Contracts Settled in Real Bitcoin

  13-08-2019 17:30
  Seed CX has begun testing bitcoin margin swaps with users and is waiting on regulatory approval to launch them.
  
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• Bitcoin Still up on the Week After Failing to Hold $11,000

  13-08-2019 17:18 via cointelegraph.com
  Bitcoin fails to hold $11,000, still leaving the coin up over 6% on the wee
  
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• XRP Price Charts First ‘Death Cross’ Since April 2018

  13-08-2019 17:16
  XRP is flashing red this Tuesday morning with a long-term price indicator turning bearish for the first time in over a year.
  
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• Apollo Foundation Developing Post-Blockchain Infrastructure and Decentralized Internet

  13-08-2019 17:15
  The firm is developing DAG consensus technology and ARKnet, a decentralized application platform. New York / August 12, 2019 / Apollo Foundation is announcing Apollo 2020, the firm's roadmap for a post-blockchain future. A key initiative is the development of DAG (directed acyclic graph), making Apollo one of the first cryptocurrency projects to build the […]
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• SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

  13-08-2019 16:45
  Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.
  
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• Newsflash: Bitcoin Price Craters Below $11,000 as Trump Stuns Market

  13-08-2019 16:42
  The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency's burgeoning inverse correlation with the S&P 500 came back to bite investors. Bitcoin Price Careens Below $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more […]
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• Legal Expert Katharina Pistor Weighs in on Facebook’s Libra

  13-08-2019 16:00
  Is Facebook's Libra a "concentration of power... unmatched by any meaningful accountability to anyone?" Legal expert Katharina Pistor thinks so.
  
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• Dow Fights Off 3rd Straight Loss as Bonds Trigger Recession Alarms

  13-08-2019 15:45
  The Dow Jones scrambled to avoid a third straight loss as bond yields triggered a dangerous recession alarm, forcing investors to reckon with the argument that the stock market’s bull run is over - and has been since 2017. Dow Seeks to Vanquish Losing Streak Wall Street’s three major indices braced for declines during a […]
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• ICON Foundation Will Give Away 3 Million Tokens Towards Representative Elections

  13-08-2019 15:39 via newsbtc.com
  Blockchain interoperability network ICON has announced a token giveaway in the run-up to its eagerly anticipated community elections. 3 million ICX tokens (about ~$600,000 USD) will be disbursed to members of the ICON community throughout the pre-voting period, which commences on August 26.
  Scheduled to run for 30 days, ICON’s pre-voting period is designed to familiarize its community with the staking and voting process which is at the heart of the project’s decentralization process.
  
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• Poloniex Will Reimburse $13.5 Million Loss From Clams Flash Crash

  13-08-2019 15:31 via cointelegraph.com
  Poloniex to re-credit trading fees to margin lenders hit by Clams flash crash
  
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• UK Crypto Regulation Is Changing, Recognition Looming at Long Last

  13-08-2019 15:14 via cointelegraph.com
  U.K. regulators are finally giving crypto the recognition it deserves
  
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• New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

  13-08-2019 15:10
  ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
  
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• This Crypto Is Worth Less Than 1 Cent. VCs Are Betting Millions on Its Future

  13-08-2019 15:00
  This healthcare startup is still growing, and attracting investment, long after raising $7.2 million in a 2017 token sale.
  
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• Bitcoin Becoming a Better Hedge as US National Debt Hits $22.5 Trillion

  13-08-2019 15:00 via newsbtc.com
  Bitcoin can be many things depending on how it is used. A form of digital money, a trading vehicle for short term gains, a long term investment, or as we have seen more recently, a hedge against government instigated economic hardships.
  US Debt Skyrocketing
  According to statistics from usdebtclock.org the total US national debt has now hit a monumental $22.5 trillion. This shocking figure equates to over $68,000 of debt per citizen. The ratio of debt to GDP is now over 105 percent and does not l
  
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• Bitfury Forms AI Division to Monopolize Data from Blockchain

  13-08-2019 14:46
  The newly formed unit is still in “research mode.”
  
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• Cryptocurrency scammers conned Australians out of $14.8M in just 7 months - The Next Web

  13-08-2019 14:40 via thenextweb.com
  Cryptocurrency scammers conned Australians out of $14.8M in just 7 months  The Next WebCryptocurrency investment scams in Australia cost victims a record $14.76 million between January and July this year.
  
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• Multiple North Korean Cryptocurrency Hacks Under UN Investigation

  13-08-2019 14:30 via newsbtc.com
  The United Nations has launched an investigation into North Korean cyber-attacks which targeted cryptocurrency exchanges in the neighboring South. India has also been a victim in the digital crime spree which targeted 17 countries in total.
  Cryptocurrency Exchanges Targeted
  The UN has ramped up its investigation of North Korean cyber-attacks following the release of a report detailing efforts to accumulate wealth for weapons programs. According to the SCMP there have been at least 35 incursions
  
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• American Boxing Legend Mike Tyson Chooses Blockchain for New Venture

  13-08-2019 14:28 via cointelegraph.com
  Iconic American boxer Mike Tyson is spearheading a new blockchain-powered cross-entertainment platform for a new generation of fighters
  
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• Blockchain Startup Bitfury Launches Artificial Intelligence Unit

  13-08-2019 14:26 via cointelegraph.com
  Blockchain startup BitFury launched an artificial intelligence unit
  
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• Bizarre Elon Musk Tweet Hikes Andrew Yang's 2020 Odds by 50%

  13-08-2019 14:09
  Democratic presidential hopeful Andrew Yang received an unexpected, though terse, endorsement on Saturday, scoring the support of none other than Tesla CEO Elon Musk. I support Yang — Elon Musk (@elonmusk) August 10, 2019 That’s right, the con-man extraordinaire himself tweeted out his support for the venture capitalist’s presidential run. Andrew Yang's 2020 Democratic Presidential […]
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• New Zealand Bank ASB Invests in Local Blockchain Trade Platform

  13-08-2019 14:07 via cointelegraph.com
  NZ Bank invests in DLT-based platform to streamline global trade
  
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• Secret Email Leak Hints at Sony’s Huge Playstation 5 Reveal

  13-08-2019 13:53
  According to an alleged email leak, Sony plans to fully unveil its next-generation PlayStation 5 console at a special event scheduled for February 12, 2020, supposedly dubbed PlayStation Meeting. Details ostensibly received from a former senior marketing manager at Sony Interactive Entertainment, privy to a company email circulated to members of the marketing department, suggest […]
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