Cryptocurrency news

• $2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

  12-09-2019 23:45
  A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.
  
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• Tesla Channels Elon Musk in Not-so-Humble Model S Brag

  12-09-2019 23:30
  Elon Musk gushed that a prototype for the Tesla "Plaid Model S" broke the speed record for a four-door sedan at the Laguna Seca racetrack in California. Musk excitedly shared the news on Twitter. He noted that the Plaid Model S would be more expensive than other Tesla models but less than its competitors. The […]
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• Coinme reels in $1.5M to grow cryptocurrency ATM network - GeekWire

  12-09-2019 23:15 via geekwire.com
  Coinme reels in $1.5M to grow cryptocurrency ATM network  GeekWireSeattle startup Coinme raised $1.5 million to fund the growth of its cryptocurrency ATM network in the U.S. and internationally. The *fresh* cash, which is the first ...
  
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• U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

  12-09-2019 23:00
  U.S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week. Treasury Yields […]
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• Prominent Analyst: Bitcoin May Have Established Mid-Term Bottom

  12-09-2019 23:00 via newsbtc.com
  Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region.
  This bullish response to $10,000 has led one prominent analyst to express that he believes BTC has established a mid-term bottom, which may mean that today’s surge marks
  
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• Bitcoin Scores in Premier League, Why Watford Shirt Deal is Important

  12-09-2019 22:00 via newsbtc.com
  As part of a sponsorship deal, the kits of the UK Premier League football club Watford FC will now be adorned with the iconic Bitcoin “B” logo. The announcement comes following a three-year partnership between the team and Bitcoin sports betting platform Sportsbet.io.
  The company claims the move is part of a public awareness campaign. The head of marketing at Watford FC described the logo’s inclusion as the firm’s way of giving something back to the cryptocurrency communi
  
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• Ripple CEO to CNN: ‘We Are the Most Interested Party’ in XRP’s Success

  12-09-2019 21:44 via cointelegraph.com
  Ripple’s CEO Brad Garlinghouse rejects accusations of XRP price manipulation in interview with CNN
  
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• Bitcoin Won’t Make New Highs Until S&P 500 Does: Fundstrat

  12-09-2019 21:43 via newsbtc.com
  Bitcoin might have outperformed the S&P 500 index on a year-to-date scale, but the cryptocurrency would need to rely on the US equity benchmark to establish its all-time high, according to Thomas Lee of New York-based Fundstrat Global Advisors.
  The co-founder on Thursday discussed the similarities between the trends of bitcoin and S&P 500 over the past decade. He stated that the cryptocurrency performed better whenever the index was 15 percent up from its 2009 average. At the same time,
  
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• Dow Secures 7th Straight Gain Despite Skyrocketing Inflation

  12-09-2019 21:20
  The Dow continued its rally to the brink of all-time highs on Thursday, as the ECB’s stimulus package raised expectations for the Federal Reserve to cut rates next week. Traders also mulled the possibility of Trump offering a trade war olive branch to China, adding to the bullish mood on Wall Street. Dow Booms as […]
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• Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Hard Fork

  12-09-2019 21:09 via cointelegraph.com
  Cryptocurrency markets have seen mixed signals, with most top coins trading sideways
  
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• Zelle Co-Founder Takes Over Stellar Startup as Ludwin Joins Spin-Out

  12-09-2019 21:00
  Adam Ludwin is stepping down as CEO of Interstellar to head a new spin-out. His successor at the Stellar blockchain-focused startup is an ex-banker.
  
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• Crypto Crisis: Pro Trader Compares Altcoins To Crushing Student Debt

  12-09-2019 21:00 via newsbtc.com
  Back at the end of the crypto hype bubble in 2017, altcoins like Ethereum, Litecoin, and Ripple, and even more obscure altcoins were all expected to be a revolutionary breakthrough in financial technology. Hopes were high for the emerging asset class, and retail investors flocked to the crypto market in hopes of finding the next Bitcoin.
  These days, altcoins are failing to deliver on the utility they promised during that time period, and most have since fallen over 90% or more from the all-time
  
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• Banking Veteran Takes Over Stellar Startup as CEO Joins Spin-Out

  12-09-2019 21:00
  Adam Ludwin is stepping down as CEO of Interstellar to head a new spin-out. His successor at the Stellar blockchain-focused startup is an ex-banker.
  
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• Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits

  12-09-2019 20:59 via cointelegraph.com
  Tether mints 300 million USDT in a swap from Omni to Ethereum but the corresponding burn has not yet taken place
  
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• Tesla Banned from 'Safest Cars' List for the Stupidest Reason

  12-09-2019 20:51
  If Tesla wants to be considered one of the safest car-makers on the road, they need to crash more. Folksam, a Swedish insurance company, released their annual study on the safest cars in their country, and the electric car company was notably omitted. Apparently, Folksam requires vehicles to get into a certain number of accidents […]
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• Hillary Clinton's 2020 Odds Trump 40% of Democrats in Debate Tonight

  12-09-2019 20:34
  Democratic primary season continues to plod along, and the Democratic National Committee (with help from the broadcast networks) is doing its part to whittle the historically-large field down to a more palatable size. Tonight, ten Democrats will participate in the ABC News debate, down from 26 candidates who entered the primary with Oval Office ambitions. […]
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• Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds - Reuters

  12-09-2019 20:20 via reuters.com
  Skirting U.S. sanctions, Cubans flock to cryptocurrency to shop online, send funds  ReutersJason Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in ...
  
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• Marshall Islands in Pacific Ocean to develop own cryptocurrency: report - Fox News

  12-09-2019 20:07 via foxnews.com
  Marshall Islands in Pacific Ocean to develop own cryptocurrency: report  Fox NewsA small island nation in the Pacific Ocean with a population of 75000 is moving forward with developing its own cryptocurrency, according to a Thursday report.
  
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• France Blocking Facebook Libra in EU Shows True Power of Bitcoin

  12-09-2019 20:00 via newsbtc.com
  Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming.
  Among the list of concerned governments is France, whose Finance Minister just revealed that it would work to prevent the “development of Libra on European soil.” The opposition will likely be a challenge for Facebook’s future crypto plans, however, the situation underscores t
  
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• Report: Blockchain Devices Market to Grow to $1.285 Billion by 2024

  12-09-2019 19:56 via cointelegraph.com
  The blockchain devices market is expected to grow to $1,285 by 2024 million, per a recent report from MarketsandMarkets
  
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• Binance.US to Open Deposits in One Week

  12-09-2019 19:06
  Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to […]
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• U.S. Stocks Topping Out Now Is Utter ‘Nonsense’ Says Top Economist

  12-09-2019 19:00
  The S&P 500 Index (SPX) has been in an unstoppable decade-long bull run and it is a few points away from the all-time high of 3,028. However, the impressive uptrend in U.S. stocks is making some investors jittery. A market that is consistently printing fresh highs can be a cause for concern. Many believe that […]
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• CryptoKitties Creator Raises $11 Million from Warner, A16z to Launch Blockchain

  12-09-2019 19:00
  Warner Music is collaborating with Dapper Labs (the company behind CryptoKitties) to create a new blockchain called Flow.
  
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• Ethereum Classic Successfully Implements Atlantis Hard Fork

  12-09-2019 18:46 via cointelegraph.com
  Ethereum Classic has activated the Atlantis hard fork aimed at improving the altcoin’s functionality
  
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• Unstoppable Domains Announces Second Wave of Money and Manpower to Exchanges, Wallets and Browsers that Integrate .zil Domains

  12-09-2019 18:16
  Coinomi, CoinRequest, and ViewBlock Selected as Second Wave Winners SAN FRANCISCO -- 9.12.19 -- Unstoppable Domains, a software company building domains on blockchains, today introduced its second installment of The Blockchain Domain Grant Program. For the latest round of grants, the Unstoppable Domains community selected Coinomi, the longest standing multi-asset wallet, CoinRequest, an adoption focused […]
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• Crypto Brokerage Tagomi Makes Shorting Bitcoin and Ether Easier

  12-09-2019 18:11 via cointelegraph.com
  Crypto brokerage and trading platform Tagomi now allows its users to lend or borrow Bitcoin and Ether to facilitate long or short trades
  
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• Hacked Florida Auto Shop Refuses to Fork Out $100,000 Bitcoin Ransom

  12-09-2019 18:07
  The website of a Florida-based car parts dealer is currently out of service after a hacker hijacked the domain name and shuttered its hosting provider’s account to ransom it for Bitcoin. Per legal documents and a ransom note that was produced in court where the victim obtained a temporary order preventing the domain name from […]
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• Researchers invent cryptocurrency wallet that eliminates ‘entire classes’ of vulnerabilities - ZDNet

  12-09-2019 18:00 via zdnet.com
  Researchers invent cryptocurrency wallet that eliminates ‘entire classes’ of vulnerabilities  ZDNetThe key? Shifting to hardware isolation and system resets.
  
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• Stocks Recoil After White House Denies Trump Trade Bombshell

  12-09-2019 17:19
  Stocks crashed from their session highs on Thursday after a senior White House official flatly denied that the Trump administration plans to offer an interim trade deal to China. The move lower left major US stock indices little changed heading into midday. The Dow Jones Industrial Average, which spiked as much as 150 points, last […]
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• Bitcoin uncertainty is dragging down cryptocurrency markets - Express

  12-09-2019 17:19 via express.co.uk
  Bitcoin uncertainty is dragging down cryptocurrency markets  ExpressBITCOIN'S apparent lethargy is beginning to spread across the markets as a slew of cryptocurrencies all show concerning declines.
  
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• Russia’s Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain

  12-09-2019 17:15
  Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.
  
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• OTCXN Adds Aegis Custody to Expand Crypto Custodial Network

  12-09-2019 17:10
  Aegis Custody’s hardware-cloud solution provides security for cryptos through the use of multi-signature wallets.
  
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• ‘Bitcoin Is Digital Gold’ Narrative Still Unproven, Warns Expert Trader

  12-09-2019 16:56 via cointelegraph.com
  Newbie Bitcoin and crypto traders should stick to swing trading instead of trying to day trade, says a veteran trader
  
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• Bitcoin Logo Scores Premier League Exposure to Millions Globally

  12-09-2019 16:40
  Watford FC, a major English football club that finished 11th in the Premier League in the 2018-19 season, will be featuring the bitcoin logo every week for millions of football fans. Watford FC Chairman and CEO Scott Duxbury stated: Placing the Bitcoin logo on a Premier League shirt is something that challenges the accepted norm. […]
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• France Won’t Tax Crypto-Only Trades, Will Tax Crypto-to-Fiat Sales

  12-09-2019 16:23 via cointelegraph.com
  French economy minister Bruno Le Maire says that local authorities won’t tax crypto-only trades, but will tax when cryptos are sold for fiat
  
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• Ethereum Classic Successfully Executes ‘Atlantis’ Hard Fork

  12-09-2019 16:22
  Ethereum Classic has successfully implemented a system-wide software upgrade dubbed Atlantis as part of a bid to increase its interoperability with Ethereum.
  
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• Warner Music to Build Token on New Blockchain by CryptoKitties Creator

  12-09-2019 16:03 via cointelegraph.com
  Media giant Warner Music will create tokens using Flow, a new blockchain developed by CryptoKitties creator Dapper Labs
  
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• Miller Lite’s Blockchain-Based Trivia Game Involves PayPal And A Cryptocurrency, But It's Not The Type You Will See On Any Exchange - Forbes

  12-09-2019 15:53 via forbes.com
  Miller Lite’s Blockchain-Based Trivia Game Involves PayPal And A Cryptocurrency, But It's Not The Type You Will See On Any Exchange  ForbesMiller Lite jumped on the blockchain train last month, using the technology for its trivia game, made possible through a collaboration with startup Vatom Labs.
  
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• Dow Eyes 7th Straight Win as US & China Back Away from Trade War Cliff

  12-09-2019 15:49
  The Dow Jones Industrial Average and other major stock market indices crept closer to their all-time highs on Thursday after Beijing and Washington each took steps to rectify the deadlock that has crippled previous rounds of trade negotiations. Dow Strings Together 7th Straight Gain All of Wall Street’s major indices advanced to open the morning […]
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• Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

  12-09-2019 15:47
  A filing with the Hong Kong Stock Exchange backs up earlier suggestions that Huobi seeks to go public through a firm acquired in 2018.
  
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• Who is the Biggest Winner Out of the Vaping Ban and JUUL Debacle?

  12-09-2019 15:30
  The Trump administration has proposed a controversial ban on flavored e-cigs produced by companies like JUUL or vaping as a response to an outbreak of lung disease that has reportedly affected hundreds of individuals to date. “The Trump Administration is making it clear that we intend to clear the market of flavored e-cigarettes to reverse […]
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• New Death Stranding Trailer Still Leaves Us Plenty Confused

  12-09-2019 15:15
  Hideo Kojima, in his infinite wisdom, dropped the new Death Stranding ‘Briefing Trailer’ at the Tokyo Game Show earlier today. It’s the very one shown to attendant members of the press at Gamescom last month. At first glance, it appears to be a cut-scene extracted from the game itself rather than a carefully woven cinematic, […]
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• Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

  12-09-2019 15:04 via cointelegraph.com
  Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia
  
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• Staked Automates the Best DeFi Returns With Launch of Robo Advisor

  12-09-2019 15:00
  The firm's new robo advisor, RAY, automates the process of finding high-yielding opportunities.
  
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• ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto

  12-09-2019 15:00 via newsbtc.com
  The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency.  ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets:
  “No member state can introduce its own currency…The currency of the euro zone is the euro.”
  Many observers theorize that Draghi’s response is led by a fear of losing monopoly control of the money supply. And for that reason, the division between legacy and crypto ideologies ha
  
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• Binance’s Quarterly BNB Burn to Include Binance Futures Tokens

  12-09-2019 14:55 via cointelegraph.com
  Binance’s quarterly BNB burn will include Binance Futures and all other future businesses and products
  
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• Trump’s Call to “Bonehead” Fed to Cut Rates Is Tantamount to Shilling Bitcoin and Gold

  12-09-2019 14:53
  In a desperate attempt to salvage the failing U.S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price of assets such as gold and bitcoin proliferate. Yesterday, Trump fired off a double-barreled Tweet in which he proposed yet another rate-cut; suggesting that […]
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• Bitcoin Clueless as ECB Cuts Rate, and US-China Delay Tariffs

  12-09-2019 14:26 via newsbtc.com
  Bitcoin erased earlier gains on Thursday as US President Donald Trump said he would delay an increase in tariffs on Chinese goods.
  Bitcoin price remains in bias-conflict | Image credits: TradingView.com
  The benchmark cryptocurrency was trading at $10,156.85 in post noon European trade, down by $3.35, or 0.03 percent, since the market open. Late yesterday, it touched a session high of $10,297.12 but failed to extend its profits as investors explored opportunities in risk-on assets. More specifica
  
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• European Central Bank Runs Out of Ammo to Stop Eurozone Recession

  12-09-2019 14:18
  “Whatever it takes.”  That’s the mantra of Mario Draghi and the European Central Bank (ECB) as they slashed interest rates yet further into negative territory on Thursday. The ECB cut the base rate to -0.5% and unleashed another aggressive bond-buying program (€20 billion) in a bid to stimulate the eurozone economy.  But as the eurozone […]
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• France to Block Facebook’s Libra in Europe

  12-09-2019 14:11
  The company approached the Swiss regulator for a payment system license.
  
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