Cryptocurrency news

• 4 Things to Watch Tonight in Zion Williamson’s NBA Debut

  07-10-2019 23:57
  Only so much knowledge can be gleaned from preseason NBA action. But annual outliers to the significance of early-October basketball exist, and New Orleans Pelicans rookie Zion Williamson is the biggest one in recent memory. Every waking moment of his unofficial introduction to the league will be watched, dissected, and fawned over by analysts and […]
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• South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

  07-10-2019 23:50 via cointelegraph.com
  Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes.
  
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• Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users

  07-10-2019 23:42 via cointelegraph.com
  The widow of QuadrigaCX founder Gerald Cotten, Jennifer Robertson, is handing over $9 million in assets to the users of the now-defunct crypto exchange.
  
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• Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts

  07-10-2019 23:00
  The Enterprise Ethereum Alliance has created a token to incentivize firms to participate in consortiums. The system is backed by Microsoft and Intel.
  
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• Analysts Anticipate Further Bitcoin Downside Despite Overnight Surge

  07-10-2019 23:00 via newsbtc.com
  After briefly dipping into the $7,000 region yesterday, Bitcoin (BTC) has once again been able to maintain this region as a strong level of support, as it has now climbed back to $8,100 during a strong move that followed its drop to lows of just under $7,900.
  Analysts are now noting that bears are still in control of Bitcoin, which could point to the possibility that it will incur significantly further downwards pressure in the near-term before it is able to find enough support to spark the next
  
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• QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users

  07-10-2019 22:24
  Bankruptcy trustee EY and the widow of QuadrigaCX founder Gerald Cotten have come to a settlement – with affected users of the defunct exchange getting a $9 million payout.
  
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• Fortnite Is Once Again the Scapegoat in Ludicrous ‘Addiction’ Suit

  07-10-2019 22:15
  A law firm based out of Quebec, Canada, is spearheading a class-action lawsuit against Fortnite on the basis that developer Epic Games masterminded an addictive game designed to tap into the malleable minds of young players to get them addicted to the game. Claiming that Epic Games purposefully made Fortnite addictive is akin to blaming […]
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• Price Analysis 07/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

  07-10-2019 22:10 via cointelegraph.com
  Bitcoin is holding critical support levels, but can it bounce back? Let’s study the charts
  
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• Wall Street Dem Candidate Tom Steyer Touts Radical Socialist Plan

  07-10-2019 22:00
  Tom Steyer is a billionaire hedge fund manager who got his start at Morgan Stanley and Goldman Sachs before starting Farallon Capital in 1986. He became a top campaign contribution bundler for Democratic candidates like Barack Obama. In 2014, he poured $74 million of his own money into the midterm elections. Now he’s running for […]
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• BitMEX to Showcase Power of Bitcoin’s Lightning Network at Upcoming Crypto Conference

  07-10-2019 22:00 via newsbtc.com
  The Lightning Conference, an event focusing on the Bitcoin micro payments scaling solution, Lightning Network, has just announced a novel way to help showcase the power of the technology. The ever-important fuel of all crypto conferences, hot, steaming coffee, will be available for a single satoshi, paid via the Lightning Network, at the Berlin event.
  Helping the event with the practical demonstration will be the research department of the Bitcoin derivatives exchange BitMEX. The effort looks to
  
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• Dow Seesaws as Apple Offsets Trump Threat to Destroy Turkish Economy

  07-10-2019 21:41
  The Dow Jones dipped from its highs after President Donald Trump spooked the stock market with one of his most bombastic Twitter threats ever, warning that he could “totally destroy and obliterate” the economy of Turkey. These losses were mitigated as Apple stock exploded higher as demand for the iPhone 11 remains strong, alongside hopes […]
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• Study: DApp Transaction Volumes, User Base Slump In Q3 2019

  07-10-2019 21:21 via cointelegraph.com
  DApp transaction volume and user activity have slumped in the third quarter of 2019, per Dapp.com
  
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• ESPN Anchor Slams NBA’s ‘Embarrassing’ China Capitulation

  07-10-2019 21:04
  The NBA is in a real pickle. After developing a strong reputation for political integrity and social awareness, they’re having a hard time sticking to their ideals when the money is on the table. ESPN SportsCenter anchor Keith Olbermann and many others are calling it out. In response to a video surfacing of James Harden […]
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• Bitcoin Price Surges by 5% to $8,250 After Precarious Drop

  07-10-2019 21:04 via newsbtc.com
  On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level.
  Related Reading: Crypto Tidbits: SEC Declares Bitcoin a Non-Security, Ethereum DeFi Gains Traction, PayPal Leaves Libra
  By Monday morning, the Bitcoin price hit $7,800 — a level that analysts said would be a “make or break” for the cryptocurrency bull market.However, at the 11th hour, bulls finally made their pre
  
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• Bitcoin Dominance Breaks Down As Altcoins Begin to Rebound

  07-10-2019 21:00 via newsbtc.com
  Altcoins like Ethereum, Litecoin, and XRP have struggled to recapture lost market share from Bitcoin in 2019. This has been reflected by a sharp increase in Bitcoin dominance – a metric that has increased steadily throughout the year.But as Bitcoin dominance begins to break down from recent highs, altcoins have begun to show signs of life once again, and some crypto analysts believe that a recovery may be ahead for altcoins now that Bitcoin has started to correct in a big way.
  Altcoins Gai
  
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• Key Trading Indicator Suggests Bitcoin Bulls are Steadily Accumulating

  07-10-2019 20:44 via cointelegraph.com
  A combination of trading indicators suggest that crypto investors are accumulating more Bitcoin even if months of downside trading are on the cards
  
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• Major South Korean Store Chain Supports Blockchain Payments App

  07-10-2019 20:33 via cointelegraph.com
  Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain
  
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• Sacramento Kings Launches Blockchain Token for Its Predictive Gaming App

  07-10-2019 20:23 via cointelegraph.com
  The Sacramento Kings NBA basketball team is launching a blockchain-powered token for rewards in its gaming app
  
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• Blockchain and Cryptocurrency Companies Permeate Global Unicorn Businesses - BeInCrypto

  07-10-2019 20:14 via beincrypto.com
  Blockchain and Cryptocurrency Companies Permeate Global Unicorn Businesses  BeInCrypto
  
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• Uber Stock Thaws as Wall Street Warms to Rideshare Wonder

  07-10-2019 20:00
  The stock market is juggling a trio of issues comprised of the trade talks, the Fed, and the upcoming third-quarter earnings season. And while it hasn’t been pretty, all three major stock market indices are currently trading in the green. One stock that is helping to buoy sentiment is rideshare play and recent IPO, Uber. […]
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• Gold Price Tumbles as Signs of Pervasive Dollar Shortage Emerge

  07-10-2019 20:00
  The price of gold tumbled on Monday and threatened to slip below $1,500 an ounce after the precious metal became more expensive for holders of foreign currencies. Under normal circumstances, dollar-denominated gold and other precious metals tend to fall when the greenback strengthens. Gold Price Tumbles; Silver Follows Futures on December gold tumbled all the […]
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• Crypto Analyst: Bitcoin Downtrend In Full Swing

  07-10-2019 20:00 via newsbtc.com
  For the better part of 2019, Bitcoin was in a powerful uptrend. After the leading crypto asset by market cap touched its bear market bottom at $3,200 the asset went parabolic until it topped out at $14,000 – just shy of setting a new all-time high.
  After consolidating in a symmetrical triangle for three months, Bitcoin’s bullish trend has reversed, and according to a crypto analyst, a downtrend is now in full swing, and any bounces in price to higher levels are opportunities for a pr
  
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• Tom Brady’s Ex-Backup Could Win Vacant Redskins Coaching Job

  07-10-2019 19:53
  Ex-Redskins head coach Jay Gruden’s firing was a long time coming after a number of turbulent seasons in Washington. Now, it appears that one of New England Patriots quarterback Tom Brady’s former backups could be first in line to replace Gruden. Tom Brady’s Ex-Backup Could Win Redskins Job According to Ian Rappaport, Kevin O’Connell could […]
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• BBB warns about hype, risk of cryptocurrency - KTVZ

  07-10-2019 19:50 via ktvz.com
  BBB warns about hype, risk of cryptocurrency  KTVZ
  
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• Redskins Hate Jay Gruden So Much They’re Paying Him $8 Million to Go Away

  07-10-2019 19:12
  When Jay Gruden arrived at the Washington Redskins’ team facility at 5 am this morning, he may have been surprised to find out that his keycard still worked. However, that revelation proved to be a momentary reprieve, as owner Daniel Snyder and team president Bruce Allen relieved him of his keycard – and job – […]
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• 3 Airline Stocks are Poised for a Big Rebound After WTO Tariff Dip, Analysts Say

  07-10-2019 19:00
  U.S. airlines, their passengers and European plane-maker Airbus are all fretting about President Trump’s plan to impose $7.5 billion worth of tariffs on European goods that will make Airbus jets 10% more expensive to U.S. customers. Contrarian investors on the other hand are cheering the market turmoil because some solid airline stocks are in the […]
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• Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives

  07-10-2019 18:33 via cointelegraph.com
  The WFE has appealed to the United Kingdom’s financial regulator not to ban cryptocurrency derivatives for retail investors
  
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• Asia Firms Dominate Cryptocurrency Mining, Staking and Funding - Asia Crypto Today

  07-10-2019 18:06 via asiacryptotoday.com
  Asia Firms Dominate Cryptocurrency Mining, Staking and Funding  Asia Crypto Today
  
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• New World New Assets — The Cryptocurrency Dawn - BBN Times

  07-10-2019 18:05 via bbntimes.com
  New World New Assets — The Cryptocurrency Dawn  BBN Times
  
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• Millennials are Killing the Economy… Because They’re Saving Money

  07-10-2019 17:30
  Millennials have been accused of killing a lot of industries (cereal, beer, housing, mayonnaise, napkins, and politics). But this might be the stupidest theory of them all. According to one investment bank, millennials are killing the entire economy. And how? Because they’re doing the decent thing and trying to save their money. Slow economy? Blame […]
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• NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens

  07-10-2019 17:00
  Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.
  
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• Hong Kong Protesters Get Creative to Flout Anti-Mask Ban

  07-10-2019 17:00
  Protesters are finding innovative ways to circumvent the oppressive anti-mask ban which came into effect in Hong Kong on Friday. The emergency law is unprecedented in the city’s China-led history as chief executive Carrie Lam looks for every available tool to quell the unrest. Locals are gathering on social media to post workarounds to the […]
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• Class Action Accuses Tether and Bitfinex of Market Manipulation

  07-10-2019 16:45 via cointelegraph.com
  Tether’s 1:1 USD backing was a lie, according to a new class-action lawsuit against Tether and Bitfinex filed by legal firm Roche Freedman
  
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• Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion

  07-10-2019 16:43
  Bitfinex and sister company Tether caused more than $1 trillion in damages to the crypto market, a new lawsuit claims.
  
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• Ripple Hosts Blockchain Research Event at University of California

  07-10-2019 16:36 via cointelegraph.com
  More than 200 academics and developers gathered to discuss Ripple's developer platform and global payment network.
  
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• 10 Worst Bugs in Ubisoft’s LOL-Bad Ghost Recon Breakpoint

  07-10-2019 16:28
  Ghost Recon Breakpoint has received a hefty dose of criticism for its excessive monetization, but compounding the problem with that pay-to-win structure is a bevy of gameplay issues that make Ubisoft’s title one of the most disappointing AAA releases of this year. To highlight just to how bad players have it, here are 10 of […]
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• International exchanges campaign against UK cryptocurrency derivatives ban - The Next Web

  07-10-2019 16:27 via thenextweb.com
  International exchanges campaign against UK cryptocurrency derivatives ban  The Next Web
  
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• Cere and Celer Networks Team Up to Launch Decentralized CRM Solution

  07-10-2019 16:09 via cointelegraph.com
  Second layer blockchain scaling platform Celer Network partners with customer relationship management startup Cere Network to launch a decentralized CRM solution
  
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• UK Consumers Lost $33.29M to Bitcoin Scams: FCA

  07-10-2019 16:00 via newsbtc.com
  Consumers in the United Kingdom lost at least £27 million (~$33.29 million) to scams involving cryptocurrencies like bitcoin, reveals the country’s watchdog.
  The Financial Conduct Authority (FCA) said the amount of crypto- and foreign-exchange related crimes have increased by 74 percent this year. The authority added that it now has 87 inquiries compared to 50 during the same time last year. The number includes early-stage inspections to full-fledged enforcement probes.
  David Heffron
  
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• Many Widely-Followed Traders are Bullish on Ripple Against Bitcoin

  07-10-2019 16:00
  Ripple has been deteriorating in bear territory for most of 2019 against bitcoin. The third-largest cryptocurrency is down by over 63% year-to-date. The deep dive has driven many traders to take a bearish stance on the XRP/BTC pair. Nevertheless, the widely-followed accounts on Crypto Twitter (CT) think otherwise. They are seeing encouraging developments in the […]
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• Cryptocurrency: What to know about digital money - Fox Business

  07-10-2019 16:00 via foxbusiness.com
  Cryptocurrency: What to know about digital money  Fox Business
  
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• Personal cryptocurrency insurance vital in growing market - Insurance Business

  07-10-2019 15:58 via insurancebusinessmag.com
  Personal cryptocurrency insurance vital in growing market  Insurance Business
  
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• FCA Investigations Into Cryptocurrency Cos. Surge 74% - Law360

  07-10-2019 15:41 via law360.com
  FCA Investigations Into Cryptocurrency Cos. Surge 74%  Law360
  
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• Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem

  07-10-2019 15:38 via cointelegraph.com
  Cryptocurrency exchange CoinField launches an XRP validator that is already included in Ripple’s Unique Node List, teases a new mysterious project
  
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• Tinder’s Parent Attracts Investors’ Love in Pre-Market Excitement

  07-10-2019 15:35
  Match Group Inc (NASDAQ: MTCH), the parent company of dating app Tinder and OkCupid, is leading the pack of gainers in Monday’s premarket hours after recording a rise of nearly 5%. Ahead of the opening bell, the online dating group that owns such properties as Tinder, OkCupid, Match, Pairs, Hinge, OurTime, PlentyofFish and Meetic rose […]
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• Dow Flinches at China’s Trade War Bait & Switch

  07-10-2019 15:35
  The Dow struggled on Monday as investors wrestled with Beijing’s risky attempt to leverage the damage from President Donald Trump’s impeachment fight to narrow the scope of a new round of impending US-China trade negotiations. Dow Sputters Ahead of US-China Trade Talks Wall Street’s three major indices stumbled during the morning session. The Dow Jones […]
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• Massive U.S. Dollar Shortage to Weaken Economic Activity and Keep Markets Volatile

  07-10-2019 15:30
  Most people are engrossed in the trade war and how it affects the stock market. Only a handful of people can see what’s actually happening behind the curtains. The surging rates in the repo market last month was a signal of a looming crisis obscured to the general population. It is veiled not because the […]
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• Algo Capital Loses Millions in Crypto as CTO’s Mobile Hacked

  07-10-2019 15:30
  The CTO took full responsibility and resigned after the incident.
  
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• FCA Reportedly Probes 87 Crypto Companies, Up From 50 in 2018

  07-10-2019 15:13
  FCA has previously revealed the number of cryptocurrency and foreign exchange scams more than tripled.
  
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• Back to Green: Bitcoin Is Above $8.1K Again, XRP Surges Over 10%

  07-10-2019 15:08 via cointelegraph.com
  Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level
  
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