Cryptocurrency news

• Facebook won't launch cryptocurrency until U.S. regulators approve - Computerworld

  22-10-2019 23:35 via computerworld.com
  Facebook won't launch cryptocurrency until U.S. regulators approve  Computerworld
  
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• US Congress Considers A Draft Bill Claiming Stablecoins Are Securities

  22-10-2019 23:31 via cointelegraph.com
  US lawmakers are considering a new draft bill that classifies all managed stablecoins as securities ahead of tomorrow’s Zuckerberg hearing
  
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• Cristiano Ronaldo Pockets Nearly $1 Million Per Paid Instagram Post

  22-10-2019 23:30
  Cristiano Ronaldo incurred a substantial pay cut last year when he left Real Madrid for a new challenge with Juventus. Don’t feel too bad for the pride of Portugal, though. Not only does his contract with the Serie A power keep Ronaldo among the highest-paid footballers in the world, but he also enjoys a steady, […]
  The post Cristiano Ronaldo Pockets Nearly $1 Million Per Paid Instagram Post appeared first on CCN.com
  
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• Algorand Wins Sharia Compliance Certificate to Enter $70 Billion Market

  22-10-2019 23:30
  A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion.
  
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• Prominent Analyst Believes Bitcoin is Ready to Target Higher Prices

  22-10-2019 23:00 via newsbtc.com
  After incurring an influx of buying pressure yesterday, Bitcoin has been able to sustain its upwards momentum and has not faced any notable retrace in the time since its recent surge, which may point to growing strength amongst BTC’s bulls.
  One prominent cryptocurrency analyst is now noting that he anticipates BTC to see further upside in the near-term, with an initial target existing at roughly $8,400, which he expects to be visited in the coming few hours.
  Bitcoin Stable Around $8,200 Fo
  
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• Bill Belichick’s Macabre Dismantling of Adam Gase’s Brain Proves He’s an Evil Football Wizard

  22-10-2019 23:00
  When NFL fans argue about the greatest football coach of all time, New England Patriots head coach Bill Belichick is always high on the list—and with good reason. To keep a team playing at the level the Patriots have for so many years is an incredible feat. To do so, despite a revolving door of […]
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• FATF’s Regulations to Push Criminals to Privacy Coins: CipherTrace CEO

  22-10-2019 22:47 via cointelegraph.com
  FATF crypto regulations will push criminals from Bitcoin and Ether towards privacy coins such as Monero, CipherTrace CEO says
  
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• Overstock’s VC Arm Joins $31M Funding Round For Silicon Valley Fintech

  22-10-2019 22:44 via cointelegraph.com
  Overstock’s venture capital arm Medici Ventures joins $31 million funding round for Silicon Valley fintech startup
  
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• AOC Slams Zuckerberg After Controversial Involvement in Dem Politics

  22-10-2019 22:24
  Democrats and Republicans in hyper-partisan Washington, D.C. are united in their mutual disdain for Facebook and its controversial chief executive Mark Zuckerberg. Rep. Alexandria Ocasio-Cortez (D-NY) bluntly declared at a weekend rally to endorse Bernie Sanders for president: “I don’t know about you, but I don’t want Mark Zuckerberg making decisions over my life.” Sanders, […]
  The post AOC Slams Zuckerberg After Controversial Involvement in Dem Politics appeared f
  
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• Pension Funds Put $50 Million Into Morgan Creek’s New Blockchain Fund

  22-10-2019 22:15
  Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first.
  
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• Ripple Makes Sets Up Shop in United States Capital

  22-10-2019 22:00 via newsbtc.com
  The San Francisco-based company behind the XRP cryptocurrency has opened offices in the United States capital. This makes Ripple Labs the first company focused on blockchain technology to have a regulatory team in Washington, DC.
  In addition to the announcement, Ripple will be joining the lobbying group, the Blockchain Association. The firm has also made added former member of the US Treasury Department, Craig Philips, as an independent director.
  Ripple Makes Big Moves in Washington
  According to
  
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• Seized cryptocurrency makes a pretty penny for AFP - iTnews

  22-10-2019 21:55 via itnews.com.au
  Seized cryptocurrency makes a pretty penny for AFP  iTnews
  
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• Dow Rocked as Wall Street Digests Rising Risk of No-Deal Brexit

  22-10-2019 21:32
  The Dow Jones attempted to drive higher on Tuesday amid an eerie period of trade war calm, only to falter in late afternoon trading. Assisting the stock market rally, Boeing, the Dow’s most heavily weighted stock, bounced 2% on positive 737 Max news, erasing a 4.6% drop from McDonald’s and offsetting a punishing capitulation from […]
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• Zuckerberg: Facebook Will Not Launch Libra Without US Approval

  22-10-2019 21:30 via cointelegraph.com
  Mark Zuckerberg plans to assure Congress that Libra will not launch until all U.S. regulators' concerns are addressed
  
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• Trump Administration Popped 2017 Bitcoin Bubble, Ex-CFTC Chair Says

  22-10-2019 21:15
  "We saw a bubble building and we thought the best way to address it was to allow the market to interact with it," said Christopher Giancarlo.
  
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• UK Govt Official Swats Question on Proposed Crypto Derivatives Ban

  22-10-2019 21:13
  The decision over whether to ban the sale of crypto derivative products to retail customers in the UK will be determined solely by the financial regulator. This was the message delivered by Economic Secretary to the Treasury, John Glen, in an answer to a question posed by the Member of Parliament for Shipley, Philip Davies. […]
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• Mark Zuckerberg to testify on cryptocurrency, election security, and antitrust - KCRW

  22-10-2019 21:10 via kcrw.com
  Mark Zuckerberg to testify on cryptocurrency, election security, and antitrust  KCRW
  
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• Zuckerberg to Tell Congress: Libra Can Fix ‘Failing’ Financial System

  22-10-2019 21:05
  Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives.
  
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• Banks At Risk of Extinction Shows Why The World Needs Bitcoin

  22-10-2019 21:00 via newsbtc.com
  Bitcoin was designed to remove the monopoly banks have over the world’s wealth and put the control back into the hands of individuals, among many other reasons.
  A new, damning report on the weakness of the banking industry serves as a powerful example as to why the world needs Bitcoin.
  Banks Are In Danger of FailureBitcoin was created by the mysterious Satoshi Nakamoto in 2009, following bank bailouts, and the Great Recession, as a way to prevent future economic catastrophes from occurring
  
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• Pomp’s Morgan Creek Raises $61M For Blockchain Fund, Targets $250M

  22-10-2019 20:38 via cointelegraph.com
  Morgan Creek Capital Management firm has raised $61 million for second blockchain fund
  
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• US Lawmaker Introduces Bill Classifying Stablecoins as Securities

  22-10-2019 20:25
  A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.
  
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• Fraudulent Transactions in Crypto, Explained

  22-10-2019 20:09 via cointelegraph.com
  Fraudsters are getting increasingly creative. Here are the common scams facing crypto consumers, and the novel approaches being used to stop them #Sponsored
  
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• Warren Buffett Made Sexual Comments Like Ken Fisher’s for Decades

  22-10-2019 20:07
  Billionaire money manager Ken Fisher’s balance sheet is nearly $2 billion lighter than it was last month, all because he joked about sex on stage at a business conference. But maybe it’s his clients and our politically correct culture that need to lighten up. Fellow billionaire investor Warren Buffett has drawn similar sexual analogies to […]
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• Crypto Visualized: Watch the Fall of Poloniex And Rise of Binance

  22-10-2019 20:00 via newsbtc.com
  Last week, crypto exchange Poloniex was “spun out” from the Goldman Sachs-backed Circle into its own, international brand, highlighting a lack of interest in the digital asset trading platform.
  A new data visualization is making way across the web, shows how Poloniex has fallen from grace over the last 5 years, and how during this time, Binance was able to take the platform’s leadership position.
  Poloniex and The Lost Throne of Crypto TradingAs industries grow, the companies wi
  
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• Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin

  22-10-2019 19:54
  CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or […]
  The post Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin appeared first on
  
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• New York’s Financial Regulator Is Reviewing the Controversial BitLicense

  22-10-2019 19:45
  The New York Department of Financial Services (NYDFS) is revisiting how it licenses crypto startups.
  
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• Michael Jordan Blinded by Bias on NBA All-Time Great Stephen Curry

  22-10-2019 19:45
  Former NBA great Michael Jordan has gone on the record with an astonishing claim that Golden State Warriors point guard Stephen Curry isn’t a Hall of Famer yet. Jordan’s view looks like a perfect case study for generational bias in the NBA. “Not a hall of famer yet” – Michael Jordan on Steph Curry If […]
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• Another Piece of Data Points Toward a U.S. Housing Market Crash

  22-10-2019 19:30
  The signs of a U.S. housing market crash are becoming clearer with each passing week. Nobel-prize winning economist Robert Shiller warned us last month that the U.S. housing market is headed for a crash and prices could soon start falling. Well, it looks like Shiller’s prophecy could soon come true as sales of existing homes […]
  The post Another Piece of Data Points Toward a U.S. Housing Market Crash appeared first on CCN.com
  
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• Yale Prof and Goldman Sachs Veteran Design DLT-Based Facebook Rival

  22-10-2019 19:28 via cointelegraph.com
  A Yale professor and Goldman Sachs veteran are planning a blockchain-powered social media network called Revolution Populi
  
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• Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

  22-10-2019 19:18 via cointelegraph.com
  German Finance Ministry urges oversight over the development of privacy tokens to prevent illicit usage
  
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• Can CEO Shuffle at Under Amour Save the Stock?

  22-10-2019 19:16
  The man who created Under Armour more than two decades ago from his grandmother’s basement will soon be vacating the helm of the sports apparel company. By year-end, Kevin Plank will step down as CEO from the phenomenon he founded, making way for COO Patrik Frisk to take the top spot. Plank has been a […]
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• Zuckerberg will push cryptocurrency as remedy for inequality - Axios

  22-10-2019 19:03 via axios.com
  Zuckerberg will push cryptocurrency as remedy for inequality  Axios
  
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• Ripple Adds Four Members to Regulatory Team, Joins Blockchain Association

  22-10-2019 18:09 via cointelegraph.com
  Ripple adds four members to its global regulatory team based in Washington D.C. and joins the Blockchain Association
  
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• Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments

  22-10-2019 18:08
  Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment […]
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• Why Bitmain Is Building the World’s Largest Bitcoin Mine in Rural Texas

  22-10-2019 18:00
  Bitmain's new bitcoin mine exploits cheap electricity in Texas, the nation's biggest power market. Locals are happy for the new jobs.
  
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• Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec

  22-10-2019 17:30
  ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client.
  
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• Rep. Warren Davidson: You Have to Defend Money to Defend Freedom

  22-10-2019 17:16 via cointelegraph.com
  U.S. Rep. Warren Davidson speaks with Cointelegraph on Libra and securities law ahead of Zuckerberg hearings scheduled for Wednesday
  
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• PlayStation 5 Leak Hints Prioritizing The Last of Us 2 & Ghost of Tsushima

  22-10-2019 17:04
  According to a new leak, Sony is gearing up for cross-generational support on both the PlayStation 4 and PlayStation 5 consoles for its two upcoming standout exclusives, The Last of Us Part II and Ghost of Tsushima. A Pinch Of Salt The leak emanates from 4Chan and, therefore, must be handled with the necessary precautions. […]
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• FinCEN Director Warns of ‘Hard Time’ for Crypto Firms That Don’t Follow Law

  22-10-2019 16:40
  There is no ambiguity: crypto startups must follow U.S. AML laws or suffer the consequences, said FinCEN's Kenneth Bianco.
  
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• Will Verizon Catapult Disney+ Past Netflix?

  22-10-2019 16:30
  Disney’s foray into the streaming market received another huge catalyst on Tuesday after Verizon announced it will offer its customers a year of Disney+ for free. Verizon to Boost Disney+ Adoption As CNBC reported Tuesday, Verizon will offer all existing wireless unlimited customers, new Fios Home Internet and 5G Home Internet customers free access to […]
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• Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera

  22-10-2019 16:29
  After the beating the Dallas Cowboys gave the Philadelphia Eagles Sunday night, fans were probably wondering how things could get worse. When they woke up Monday morning, they found out. It appears that at least one fool decided to burn his Carson Wentz jersey following the loss, and – more significantly – Alshon Jeffery is […]
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• Big Coin Case Is Big Problem For Cryptocurrency - Forbes

  22-10-2019 16:28 via forbes.com
  Big Coin Case Is Big Problem For Cryptocurrency  Forbes
  
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• Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%

  22-10-2019 16:10
  Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin. The Crypto Twitter (CT) community was quick to respond to Schiff’s ultra […]
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• Facebook’s Marcus Says China Wins With Digital Renminbi if US Nixes Libra

  22-10-2019 16:00
  David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities.
  
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• Dow Sputters as 5th-Largest Stock Unexpectedly Whiffs on Earnings

  22-10-2019 15:36
  The Dow sputtered toward an underwhelming session on Tuesday after the index’s fifth-largest stock whiffed on earnings, punishing investors who sought harbor in its familiar brand name as a defensive play against the trade war and other festering risks. Dow Flatlines as S&P 500 Grinds Toward Record High Wall Street’s major indices all traded cautiously […]
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• Desperate Netflix Loses Chill After Quarterly Report to Tackle Your Password Sharing

  22-10-2019 15:30
  CCN previously reported that Netflix (NASDAQ:NFLX) saw a potential peak in subscriber growth in the United States. The streaming platform was already looking to their next quarterly earnings report, which was published on Oct 16. 2019, to reassure investors that the brand still had opportunities for growth. The quarterly report revealed that Netflix expects to […]
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• Kik Messenger Saved From the Verge of Shutdown

  22-10-2019 15:11 via cointelegraph.com
  The SEC’s lawsuit against Kik almost cost the company its life. Here is the story of how it survived
  
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• The U.S. Government Just Admitted That It Is Short By $720 Billion Per Year

  22-10-2019 15:01
  The richest and most powerful nation in the world just acknowledged that they are in dire need of cash. Of course, the U.S. government wouldn’t simply say it is running on huge budget deficits. However, if you look at their actions instead of what they’re saying, you’d be able to read between the lines. The […]
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• Ripple Boosts Blockchain Advocacy Efforts With DC Office

  22-10-2019 15:00
  Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech.
  
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• Bitcoin Holds Gains against Trade Deal Hopes, Brexit Uncertainty

  22-10-2019 15:00 via newsbtc.com
  Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal.
  The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of bitcoin’s recent losses. Therefore, the cryptocurrency somewhat remained under the risks of further downside moves. At the same time, alternative cryptocurrencies, or a
  
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