Cryptocurrency news

• Market Mostly Trades Sideways as Bitcoin Price Hovers Around $9,100

  31-10-2019 23:40 via cointelegraph.com
  The crypto market is mostly trading sideways today, as Bitcoin fights to hold above $9,100
  
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• New IRS Cryptocurrency Guidance May Confuse Taxpayers - The National Law Review

  31-10-2019 23:37 via natlawreview.com
  New IRS Cryptocurrency Guidance May Confuse Taxpayers  The National Law Review
  
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• Binance Rumored to Be Planning New Office in Beijing in First Presence in China Since 2017

  31-10-2019 23:29 via cointelegraph.com
  In a possible homecoming to China, Binance plans an office for Beijing
  
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• U.S. Treasury Yields Plunge Ahead of What’s Expected to Be a Disastrous Nonfarm Payrolls Report

  31-10-2019 23:00
  U.S. government debt yields tumbled on Thursday, as demand for Treasurys rose over concerns that the United States and China are no closer to finalizing a comprehensive trade agreement even once a partial deal is reached. Attention shifts to economic data on Friday, with the Labor Department expected to release a volatile batch of nonfarm […]
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• Bullish for Bitcoin? Analyst Warns of Growing Motives for Global De-Dollarisation

  31-10-2019 23:00 via newsbtc.com
  A group of “very powerful nations” is increasingly making moves to reduce their dependence on the US dollar according to a global security analyst. Traditionally a planetary store of value, will Bitcoin benefit from such a global exodus from the dollar?
  Anne Korin of the Institute for the Analysis of Global Security identifies strong motives inspiring China, Russia, and Europe to ditch the dollar as the asset favoured for global trade. She describes the situation as “unsustaina
  
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• Bitcoin Needs ‘Real Use Cases’ to Become Digital Gold, Says ICE Chief

  31-10-2019 23:00
  Bitcoin might become "digital gold," but first it needs to be used more in everyday business, said the Intercontinental Exchange's chief executive.
  
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• Bitcoin Monthly Candle to Close Around $9,300: Bullish or Bearish?

  31-10-2019 22:39 via newsbtc.com
  In the next few hours, Bitcoin will see its monthly candle for October close. As the cryptocurrency has been subject to immense volatility over recent weeks, this close will be immensely important for Bitcoin’s directionality for the next few months.
  Related Reading: Bitcoin Holds Above $9,000 as Buyers Look to Extend Its Upwards Momentum
  So, with BTC seemingly poised to close October around $9,300, what are analysts saying?
  Bitcoin Looking Relatively Strong
  Stackin’ Bits posted the
  
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• Bitcoin passes $1 billion milestone on cryptocurrency anniversary - The Independent

  31-10-2019 22:27 via independent.co.uk
  Bitcoin passes $1 billion milestone on cryptocurrency anniversary  The Independent
  
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• Italians Prefer BTC to Visa or Mastercard When Shopping Online

  31-10-2019 22:26 via cointelegraph.com
  BTC is a more popular online payment method in Italy than traditional credit cards, such as Visa, Mastercard and American Express
  
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• Binance to Open Beijing Office Amid China’s Renewed Blockchain Push

  31-10-2019 22:25
  The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.
  
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• Batgirl Voted to Impeach Trump, Making Halloween a Partisan Issue

  31-10-2019 22:20
  Rep. Katie Porter voted to move forward with the Trump impeachment inquiry dressed as Batgirl. Porter’s Batman-inspired costume went viral on Twitter, where it met equal measures of praise and scorn. Unsurprisingly, the debate mostly fell on party lines. She isn’t defending Gotham, but supporters say House Rep. Katie Porter is saving the United States […]
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• Proof-of-Work Doesn’t Solve Every Blockchain Use Case

  31-10-2019 22:00 via cointelegraph.com
  While proof-of-work is great for Bitcoin, it falls short for other — especially nonfinancial — use cases of a blockchain. Here is why we need new consensus mechanisms
  
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• John McCain Would Love Twitter’s Political Ad Ban

  31-10-2019 22:00
  Jack Dorsey announced a ban on political ads starting November. The late Sen. John McCain was a life-long foe of “soft money.” Hillary Clinton supports Twitter’s political ban, and has condemned Facebook for hanging on to political advertising dollars. Donald Trump opposed Twitter’s new ad policy. With Twitter’s ban on paid political advertising, Jack Dorsey […]
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• Bitcoin Holds Above $9,000 as Buyers Look to Extend Its Upwards Momentum

  31-10-2019 22:00 via newsbtc.com
  After hovering just above $9,250 for an extended period of time, Bitcoin (BTC) has now been able to climb slightly, signaling that buyers did not want to lose this level to sellers, who had been building significant strength over the past couple of days.
  Analysts are now noting that the cryptocurrency may be positioned for further continuation as it nears a newly established support level that could bolster its price action in the near-term.
  Bitcoin Bounces from Daily Lows as Bulls Ardently Defe
  
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• Dull Epic Games Store Update Is Step in Right Direction

  31-10-2019 21:57
  Epic Games released a development update for the Epic Games Store today. New features including a new storefront, back-end improvements, a checkout overlay, and more. While the update is underwhelming, Epic says it’s working on new features including a wish list and OpenCritic reviews integration. Epic Games pushed out a new development update for the […]
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• Nearly 1/3 of Americans Believe This Myth About the US Dollar

  31-10-2019 21:41
  Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. A new study reveals just how little Americans know about how their money works. An eye-opening new study […]
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• Fiat Chrysler Reshapes Auto Industry with Peugeot Merger, Stock Rises

  31-10-2019 21:26
  The merger between Fiat Chrysler and PSA Group will create a $50 billion entity. The resulting entity will be the fourth-largest carmaker on earth. The French government, which owns a stake in PSA Group, has not raised any objections to the merger. Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) surged by nearly 5% in […]
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• The Coinmate Exchange and Confirmo Payment Platform are Driving Cryptocurrency Adoption in Europe by Focusing on Speed, Security, and Service - CardRates.com

  31-10-2019 21:18 via cardrates.com
  The Coinmate Exchange and Confirmo Payment Platform are Driving Cryptocurrency Adoption in Europe by Focusing on Speed, Security, and Service  CardRates.com
  
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• Bitcoin Mining Firm Study Shows How Clueless People are About Money

  31-10-2019 21:00 via newsbtc.com
  A study by Bitcoin mining firm Genesis Mining has shown that a startling number of US citizens have no idea about how their financial system works. A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold.
  The study’s findings highlight just how little is really known by the general public about the nature of modern banking. If education about finance proliferates, the value of Bitcoin as these hardest form of money in history might become appar
  
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• Agent says Evgeni Malkin hiring lawyer to investigate cryptocurrency report - TSN

  31-10-2019 20:59 via tsn.ca
  Agent says Evgeni Malkin hiring lawyer to investigate cryptocurrency report  TSN
  
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• Bitcoin Price Must Now Break $9.5K to Prove ‘Xi Pump’ Wasn’t a Fluke

  31-10-2019 20:48 via cointelegraph.com
  Bitcoin needs to tackle the $9,300 and $9,400 resistance in order to take a shot at $10,000
  
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• Smart Valor Swiss Cryptocurrency Exchange Offers Staking Rewards for Dash Users - Dash News

  31-10-2019 20:44 via dashnews.org
  Smart Valor Swiss Cryptocurrency Exchange Offers Staking Rewards for Dash Users  Dash News
  
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• Could EA Be Bringing Back Knights of the Old Republic?

  31-10-2019 20:39
  EA recently announced that they’d be releasing a remaster in 2021. Fans seem to believe that Mass Effect would be the game in question. In my opinion, more signs point towards Knights of the Old Republic. EA recently announced its plans for the 2021 financial year, and it has got a lot of fans excited. […]
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• Dow Lurches Below 27,000 to End October in Abysmal Fashion

  31-10-2019 20:22
  The Dow Jones fell on Thursday despite a big rally in Apple stock (AAPL). Trade war concerns loomed over the market, although President Trump had an alternative explanation for the stock market’s woes. Elsewhere, uncertainty over the Fed outlook remains an issue, alongside fears of a weak payrolls number in Friday’s jobs report. The Dow […]
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• Pre-Brexit, Koine Wins E-Money License From UK’s FCA, Now Seeking Luxembourg, UAE, US Permissions

  31-10-2019 20:15
  Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.
  
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• Tom Brady Isn’t Going Anywhere and That’s Bad for the NFL

  31-10-2019 20:11
  Speculation has run rampant in the media over what the future may hold for New England Patriots Quarterback Tom Brady. Brady said his focus is on the present and not the future. However, if he did go elsewhere, it might be good for the NFL. It is all Adam Schefter’s fault. If he hadn’t speculated […]
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• The SEC Files as the CFTC Settles Charges Against Swiss Securities Dealer

  31-10-2019 20:11 via cointelegraph.com
  The SEC and CFTC have filed and settled charges against Switzerland-based securities dealer XBT Corp. SARL
  
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• Russian Aluminum Plant Set to House Cryptocurrency Mining Farm - Nasdaq

  31-10-2019 20:09 via nasdaq.com
  Russian Aluminum Plant Set to House Cryptocurrency Mining Farm  Nasdaq
  
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• Make It Or Break It Time For Bitcoin, Rally In Jeopardy If Support Is Lost

  31-10-2019 20:00 via newsbtc.com
  Bitcoin markets are on fire once again, following a massive price spike last weekend on the heels of news Chinese President Xi Jinping spoke out in support of the blockchain technology Bitcoin is built on.
  The rally, which set a record for the third-largest 24-hour gain in the asset’s 11-year history, is now in jeopardy of being almost completely erased if the crypto asset cannot maintain support at current levels, according to one crypto investor and trader.
  Bitcoin Price Resting on &ldqu
  
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• SEC, CFTC Charge XBT Corp. With Selling Unregistered Swaps for Bitcoin

  31-10-2019 19:49
  The SEC and CFTC have settled charges with XBT Corp. after alleging the company sold unregistered security-based swaps for bitcoin.
  
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• New IRS Tax Guidance Targets Crypto, and US Persons Who Use It

  31-10-2019 19:45 via cointelegraph.com
  The US IRS is tying up crypto users, making new steps toward crypto taxation that could potentially affect a lot of people
  
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• How Stephen Curry’s Injury Could Help Launch the Next Warriors Dynasty

  31-10-2019 19:34
  Stephen Curry will be sidelined indefinitely with a hand injury. After losing multiple championships due to devastating injuries, this one came at the best possible time for the Warriors. Curry’s injury could be the catalyst for the creation of a new Warriors dynasty. The Golden State Warriors won 322 regular-season games from 2014-15 to 2018-19, […]
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• Tracking Bitcoin Transactions, Explained

  31-10-2019 19:18 via cointelegraph.com
  Suffering from stuck Bitcoin transfers? Want an update on how your transaction is going? Crypto tracking tools can be an invaluable resource #Sponsored
  
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• Volume of Crypto Futures Trades Is Catching Up to Spot Trading

  31-10-2019 19:13 via cointelegraph.com
  Futures trading volumes are catching up to more traditional buy-sell spot trading in crypto
  
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• Was Hack on Indian Nuclear Plant Used to Test Cyber Intrusion Abilities?

  31-10-2019 19:09
  The Nuclear Power Corporation of India has confirmed the discovery of malware on its network. According to a statement, the infection was found on a central computer that was not connected to the more sensitive internal systems. Cybersecurity experts have linked the harmful code to North Korea’s Lazarus Group. The hacker unit uses a spectrum […]
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• UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain

  31-10-2019 19:05
  Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain.
  
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• Will a Surprise $7K Bitcoin Pump on Halloween Fulfill the Prophecy of Asuka?

  31-10-2019 19:00 via newsbtc.com
  The “Prophecy of Asuka” has earned meme-status across the cryptocurrency community, with many calling it a farce, while others put a lot of weight in its validity. After Bitcoin’s recent bearish trend, the crypto community had all but given up on the “prophecy.”
  But last weekend’s massive green candle and historic price surge in Bitcoin, has revived hope that the prophecy will continue to ring true. Will another surprise Bitcoin price spike take the asset to $
  
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• Zilliqa Offers $5M Fund to Oxford DLT Students to Support Diversity

  31-10-2019 18:47 via cointelegraph.com
  The Oxford Women in Computer Science Society collaborates with Zilliqa for blockchain workshops to encourage diversity in the industry
  
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• New Nintendo Switch Sales Data Release Exposes Glaring Strategic Flaw

  31-10-2019 18:29
  Nintendo Switch sales figures are outpacing those of the company’s earlier consoles. This data release seems to suggest the console is a smashing success. However, the numbers don’t quite stand up to closer scrutiny. The Nintendo Switch crossed another milestone, surpassing 41 million unit sales. At first blush, that’s spectacular news for the video game […]
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• Bitcoin and Stocks Break 2019 Inverse Correlation Trend — Chart Data

  31-10-2019 18:23 via cointelegraph.com
  Price charts from the S&P 500 and Bitcoin provide data for the Bitcoin hedge narrative until they don’t
  
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• No One’s Talking About the 174% Increase in Beyond Meat’s Legal Costs

  31-10-2019 18:00
  Beyond Meat’s Q3 results showed a marked increase in legal costs. The firm’s upcoming lawsuit with Don Lee could have far-reaching financial consequences in the year ahead. These factors could place further downward pressure on the stock. It has been a whirlwind year for Beyond Meat (NYSE:BYND) investors. BYND stock produced monumental returns following its […]
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• Grand Theft Auto V Evolves From Bigfoot to Aliens in Halloween Showdown

  31-10-2019 17:35
  The GTA series has a history of spooky content. GTA V Online now allows you to turn into Bigfoot for Halloween. Here are four super creepy things to find in GTA V all-year-round. Special in-game events for Halloween might be great, but what about games like Grand Theft Auto V that have spooky content all-year-round? […]
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• Your Essential Cryptocurrency Taxation Guide For 2019 - Benzinga

  31-10-2019 17:06 via benzinga.com
  Your Essential Cryptocurrency Taxation Guide For 2019  Benzinga
  
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• Who Trump’s Blaming for Today’s Ugly Stock Market Nosedive

  31-10-2019 17:00
  Stocks plunged on Thursday, headlined by the Dow’s nearly 200 point setback. President Trump railed against the “Impeachment Hoax” and Federal Reserve. However, analysts say the stock market is reacting to weightier concerns. The stock market suffered a substantial setback on Thursday, priming the Dow, S&P 500, and Nasdaq for a disappointing end to a […]
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• Facebook's Cryptocurrency Initiative Is In Trouble - TechDecisions

  31-10-2019 17:00 via mytechdecisions.com
  Facebook's Cryptocurrency Initiative Is In Trouble  TechDecisions
  
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• Rejected Claims Push Back Mt Gox Rehabilitation Plan to 2020

  31-10-2019 16:36
  The bankruptcy trustee wants to extend the deadline until March due to a large number of disapproved claims
  
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• Instagram influencer reportedly nabbed in Dubai for running alleged cryptocurrency investment scam - The Next Web

  31-10-2019 16:34 via thenextweb.com
  Instagram influencer reportedly nabbed in Dubai for running alleged cryptocurrency investment scam  The Next Web
  
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• Instagram influencer nabbed in Dubai for running alleged cryptocurrency investment scam - The Next Web

  31-10-2019 16:34 via thenextweb.com
  Instagram influencer nabbed in Dubai for running alleged cryptocurrency investment scam  The Next Web
  
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• Gold Price Smashes Five-Week Highs amid Dow Bloodbath

  31-10-2019 16:23
  The price of gold surged to more than five-week highs on Wednesday. U.S. stocks plunged over trade-deal uncertainty. Risk sentiment wavers following ‘hawkish rate cut’ from the Federal Reserve on Tuesday. The price of gold catapulted to five-week highs on Thursday after Chinese officials poured cold water on trade-deal euphoria, sending the Dow and broader […]
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• Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past

  31-10-2019 15:49 via cointelegraph.com
  Canadians have been pushing for crypto adoption since 2013 — and now, the Canadian Government is leading working groups at home and in the international community
  
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