Cryptocurrency news

• Australia to press Facebook for details on Libra cryptocurrency: newspaper - Reuters

  05-11-2019 23:52 via reuters.com
  
  Australia to press Facebook for details on Libra cryptocurrency: newspaper  Reuters
  
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• Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

  05-11-2019 23:30 via cointelegraph.com
  The price of Bitcoin hovers above the $9,300 price mark, while Stellar takes a shot at the moon with 20% gains
  
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• European Union to Regulate Stablecoins, Not Issue Its Own: Source

  05-11-2019 23:25
  Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
  
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• Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

  05-11-2019 23:06 via cointelegraph.com
  U.S. Congressman Warren Davidson sees promise for blockchain in manufacturing despite fears of new technologies in the industry
  
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• OneCoin Lawyer Stands Trial for Role in Multi-Billion Dollar Crypto Scam

  05-11-2019 23:00 via newsbtc.com
  A lawyer who is believed to have laundered money associated with the OneCoin crypto scam is currently standing trial in New York. Mark Scott allegedly used offshore investment vehicles to take as much as $400 million out of the US on behalf of the company.
  OneCoin is one of the largest examples of a cryptocurrency scam to date. Estimates put the total figure stolen from investors at more than $3 billion.
  Suspected Crypto Scam Launderer Stands Trail in New York
  According to a report by BBC News,
  
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• NBA Finally Makes Its Flagship Channel Available Direct-to-Consumer

  05-11-2019 22:59
  NBA TV is finally available directly to consumers. The news represents a major turning point for the NBA, which has long made access to its games and associated content more readily available to cord-cutters than other professional sports leagues. This news comes as a major boon for basketball obsessives. Cord-cutters and basketball die-hards rejoice: NBA […]
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• Filecoin, But Forever: Arweave Raises $5 Million to Build Out ‘Permaweb’

  05-11-2019 22:30
  Arweave, a startup building a decentralized storage protocol for the world's knowledge, raises $5 million via token sale from a16z, USV and Multicoin.
  
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• Trump Got No Money From Ukraine, Clinton Got $25M From Saudis

  05-11-2019 22:00
  As the Trump impeachment inquiry enters its next phase, GOP Senators will argue that there was a quid pro quo in the notorious phone call with Ukraine’s president, but it was not illegal. It’s the same argument Hillary Clinton supporters used to defend the Clinton Foundation’s contributions from foreign governments. The Clinton 2020 rumor mill […]
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• Bitcoin Visits Historic Support Level That Could Bolster its Near-Term Price Action

  05-11-2019 22:00 via newsbtc.com
  Bitcoin (BTC) and the aggregated crypto markets have been experiencing an extended bout of consolidation that has come about shortly after the massive bull run that sent Bitcoin to highs of $10,600 before it retraced slightly to its current price levels.
  Analysts are now noting that Bitcoin has reached a high-time-frame support level that could bolster its price action in the near-term, and its overnight movement to the lower-$8,000 region on CME filled an open gap and may further add to the bul
  
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• Reddit Roasts $500k Lottery Winner Who Invested Half in Bitcoin

  05-11-2019 21:49
  An Illinois man provides proof of his $500,000 in lottery winnings and claims he put half of them in bitcoin. Reddit roasts the man with crypto memes and says he made several crucial mistakes. Either way, his investment has already paid off with an almost 100% return. An Illinois man who won the lottery earlier […]
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• Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka

  05-11-2019 21:31 via cointelegraph.com
  Oxfam announced the success of its blockchain-based delivery system of microinsurance to farmers in Sri Lanka
  
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• Dow Rises But Resilient Economy Fails to Boost the S&P 500

  05-11-2019 21:04
  The Dow jumped to a record high for a second straight day, but the S&P 500 struggled to tread water. Strong economic data beat estimates and quieted recession fears. The Dow received a particular boost from Boeing. The US economy passed a critical test with flying colors, sending the Dow deeper into uncharted waters above […]
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• Facebook’s Crypto Effort Will Take Decades to Spread but Libra Will Be Worth It, Says Exec

  05-11-2019 21:00 via newsbtc.com
  An executive at Facebook has said that Libra will not spread in the same way that the company’s social network did. Kevin Weil believes that the social media giant’s foray into the crypto asset space will take decades to fully roll out.
  Weil is also not perturbed by the intense regulatory scrutiny into the planned digital currency. He claims that Libra will be worth the hassle in the long run.
  Will Facebook’s Crypto-Like Offering Will Take Decades Rather than Years?
  According t
  
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• MNF Black Cat Steals Show from Cowboys and Giants

  05-11-2019 20:51
  With the Dallas Cowboys and New York Giants taking the field for Monday Night Football, there was not going to be a shortage of star power. But when all was said and done, the fans were not talking about Dak Prescott, Saquon Barkley, Daniel Jones, or Ezekiel Elliot. They were talking about the MetLife MNF […]
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• VeChain (VET) Smashes 3-Month High With Stunning 14% Surge as Broader Cryptocurrency Market Stands Still

  05-11-2019 20:36
  VeChain (VET) approaches $0.005 on Tuesday for the first time since Aug. 12. VeChain co-founder and CEO Sunny Lu will deliver a keynote address at The Capital, an upcoming industry conference hosted by CoinMarketCap. The broader cryptocurrency market consolidates slightly higher as the majors reported modest gains. VeChain’s token value surged on Tuesday, reaching its […]
  The post VeChain (VET) Smashes 3-Month High With Stunning 14% Surge as Broader Cryptocurrency Market Stands Stil
  
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• Coinbase Legal Chief Wants Private Sector to Create US Digital Dollar

  05-11-2019 20:32 via cointelegraph.com
  Coinbase’s legal chief believes the private sector should develop the United States digital dollar
  
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• Gold-Backed Cryptocurrency Aims To Tap Stablecoin Appeal - Bloomberg

  05-11-2019 20:12 via bloomberg.com
  Gold-Backed Cryptocurrency Aims To Tap Stablecoin Appeal  Bloomberg
  
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• Crypto Trader: Bitcoin Closes In On Life-Changing Golden Cross

  05-11-2019 20:00 via newsbtc.com
  The cryptocurrency market is currently undecided on if Bitcoin is about to embark on its next bull run, or if it’ll fall back further into a bearish trend in the short-term.
  The neutral market could finally have its decision, if a “life-changing” golden cross occurs in Bitcoin price charts, according to one crypto trader and analyst.
  Golden Cross Forming on Weekly Bitcoin Charts
  During the second quarter of 2019, the market was convinced that Bitcoin had begun its next bull run
  
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• EA Releases Delightfully Bubbly The Sims 4 Discover University Trailer

  05-11-2019 19:50
  The Sims 4 Discover University has a brand new gameplay trailer. Players can steer their sim through a complete college experience, from housing to studying by way of finances and everything in between. In true The Sims style, you can, of course, make everything go terribly wrong. Hot on the tail of the announcement last […]
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• Official: Binance Chain and BNB Will Be Traceable via CipherTrace

  05-11-2019 19:29 via cointelegraph.com
  Following the recent expansion to 700 coins, CipherTrace adds support for Binance Chain and its native Binance coin
  
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• Spooky Black Cat Perfectly Explains Sam Darnold’s Sudden Meltdown

  05-11-2019 19:24
  As the Haunting of Sam Darnold prepares to enter its fourth week, New York Jets fans should be relieved to discover that the cause of their franchise quarterback’s sudden meltdown has an explanation that has nothing to do with football. Last night, in their first game since Halloween, the hometown New York Giants and visiting […]
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• Libra Won’t Spread as Quickly as Facebook, Says Calibra Exec

  05-11-2019 19:15
  Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.
  
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• Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?

  05-11-2019 19:10 via cointelegraph.com
  Stellar Lumens’ 55 billion XLM token burn could have a positive long-term impact on the price
  
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• Reddit User Wins Lottery, Buys Bitcoin: Here’s What He Could Earn

  05-11-2019 19:00 via newsbtc.com
  Buying Bitcoin in the first few years after its creation would have been the investment equivalent of winning the lottery.
  But what might happen if an actual recent lottery winner invested half of his winnings into Bitcoin, and how much could he potentially earn if Bitcoin reaches its full potential?
  Winning The Lottery and Betting It On Bitcoin
  The emerging asset class of digital currencies is a speculative, high-risk market. Those interested in investing into crypto or Bitcoin are often told t
  
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• Ether on Lightning Is the Latest Bridge Crossing Crypto’s Great Divide

  05-11-2019 19:00
  DEX startup Radar Relay is offering token users a way to pay lightning invoices with bitcoin, thanks to back-end market makers.
  
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• Dark Souls Modding Could Bring Out a Whole New World

  05-11-2019 18:53
  Dark Souls modding has hit a major milestone. It is now possible to add custom maps to Dark Souls and Dark Souls II There is still lots of work to be done, but the future may hold new areas, updated ones, and entire total conversions. It is an exciting time in the world of Dark […]
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• Binance CEO CZ Says 1.4 Billion People are Behind the Price of Bitcoin, but Who are They?

  05-11-2019 18:21
  Binance’s CEO, Changpeng Zhao (CZ) believes bitcoin will hit $16,000 very “soon-ish.” A 4chan anonymous user who accurately predicted bitcoin’s trajectory earlier this year turned out to be wrong in October. CZ claims 1.4 billion people are behind bitcoin. Changpeng Zhao (CZ), the CEO of Binance, recently stated that 1.4 billion people are working on […]
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• Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar

  05-11-2019 18:10
  Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar.
  
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• European Union Drafts Law Suggesting Consideration of Eurocoin

  05-11-2019 17:52 via cointelegraph.com
  An EU draft law considers issuing a digital currency and banning high-risk crypto projects in the union
  
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• New York Times Ignites a Twitter Frenzy with Historic ‘Dipsh*t’ Slur

  05-11-2019 17:50
  The New York Times has long been considered the United States’ newspaper of record, and it’s with grotesque fascination that we watch the storied publication slowly descend into the vulgar mire where the rest of us dwell. The defiling of the Gray Lady took a historic step forward this morning when a feature in the […]
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• Why Is the Stellar Lumen Cryptocurrency Up 18% Today? - Motley Fool

  05-11-2019 17:49 via fool.com
  Why Is the Stellar Lumen Cryptocurrency Up 18% Today?  Motley Fool
  
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• Gold Price Rips Lower After Massive Selloff as Dollar Spikes, Dow Hovers Near All-Time High

  05-11-2019 17:30
  Gold plunged 1.5% on Tuesday as risk-off assets suffered. U.S. services PMI improved more than expected in October, according to the Institute for Supply Management. U.S. dollar hits three-week high against a basket of currencies. The price of gold plunged on Tuesday, wiping out more than a week’s worth of progress as keener appetite for […]
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• How We Got Ivy League Students to use Blockchain Tech

  05-11-2019 17:20 via cointelegraph.com
  Columbia students got their campus to use a blockchain-based social app by making it easy to use and relevant to students’ daily lives
  
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• Canada Shuts Down Crypto Exchange. It Still Owes Customers $12 million 

  05-11-2019 16:52
  What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse?  A Vancouver-based crypto trading platform, Einstein Exchange, has been closed by Candian authorities; while still owing $16 million in outstanding obligations. What Happened to Einstein? On Monday, the British Columbia Securities Commission (BCSC), provided a statement noting the “action […]
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• Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal

  05-11-2019 16:46 via cointelegraph.com
  Libra is an interoperable protocol like email, not a payment service like PayPal, Calibra’s VP of product says
  
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• How Music Goes on the Ethereum Blockchain with the ICO of K-Tune

  05-11-2019 16:25
  The K-Tune project is a solution that allows musicians from all around the world to form communities and actively collaborate to create new songs. It also provides a platform for aspiring artists to become music producers.  Currently the project is raising money through an ICO on the Swiss platform Eidoo Crowd. The funding is 30% […]
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• Why Pokemon’s Massive List of Sword and Shield Rejects Doesn’t Matter

  05-11-2019 16:16
  Pokemon Sword and Shield have suffered from numerous leaks ahead of their release date. The latest leak has revealed the entire list of Pokemon cut from the games. Here’s why the massive number of cuts doesn’t matter a single bit. The Pokemon Sword and Shield leaks just keep on coming. Not a few days ago, […]
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• CRYPTOCURRENCY: China calls on Huawei to help with crypto ambitions - Express

  05-11-2019 16:13 via express.co.uk
  CRYPTOCURRENCY: China calls on Huawei to help with crypto ambitions  Express
  
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• Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain

  05-11-2019 16:00
  Tradewind Markets is tracking the geography, name and standards of mines that produce precious metals for the Royal Canadian Mint.
  
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• Facebook: Libra cryptocurrency will take decades to spread - ZDNet

  05-11-2019 15:47 via zdnet.com
  Facebook: Libra cryptocurrency will take decades to spread  ZDNet
  
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• Huobi Global’s Ban on U.S. Customers Could Rattle Huobi Token (HT)

  05-11-2019 15:43
  Huobi Global will disable the accounts of U.S.-based customers. HBUS welcomes Huobi Global’s users. The move could impact the price of Huobi Token (HT). Huobi Global announced Monday it will freeze the accounts of its U.S. customers in order to comply with domestic regulations. The move could have severe implications for Huobi Token (HT), the company’s […]
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• Peter Schiff: China's Gold-Backed Crypto Would Be Bearish for Bitcoin

  05-11-2019 15:39 via cointelegraph.com
  Bitcoin has no backing, Peter Schiff reminds Max Keiser
  
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• The Dow’s Red-Hot Rally Faces a Critical Test Today

  05-11-2019 15:38
  The Dow, S&P 500, and Nasdaq all rose on Tuesday, putting them on track to close at fresh all-time highs. The US Stock market is basking in risk-on sentiment derived from reports that Trump will begin unraveling tariffs on Chinese imports. Recession hawks are circling ahead of one pivotal data release that measures the health […]
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• The SEC Does Not Want Crypto ETFs — What Will It Take to Get Approval?

  05-11-2019 15:35 via cointelegraph.com
  The number of firms seeking to launch the first BTC ETF is growing, but what will it take for the U.S. SEC to finally grant approval?
  
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• Decentralized Storage Startup Storj to End Token Conversion Program

  05-11-2019 15:32
  Remaining holders of Storj Labs' early SJCX token need to act soon to avoid losing their investments.
  
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• Stellar (XLM) Dumps Nearly 10% As FOMO Rears Its Ugly Head

  05-11-2019 15:07
  Stellar (XLM) explodes amid news that the company burned more than half of its coins in circulation. Tuesday’s gains were quickly wiped out as the smart money took the chance to dump their positions. Nevertheless, the cryptocurrency looks attractive in the long-term time frame. In technical analysis, there’s an adage that goes, “buy the rumor; […]
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• BitAsset Ties with Simplex to Enable Credit Card Payments

  05-11-2019 15:01
  Traders can directly purchase digital assets with this integration.
  
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• BitAsset Partners with Simplex to Enable Credit Card Payments

  05-11-2019 15:01
  Traders can directly purchase digital assets with this integration.
  
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• Binance’s DEX Now Supports AML Compliance Via CipherTrace

  05-11-2019 15:00
  CipherTrace is now providing AML compliance on Binance Chain, which supports both the exchange's BNB token and DEX.
  
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• Top 3 Reasons Why the Marijuana Industry Is Coming Down From Its High

  05-11-2019 14:48
  Marijuana stocks have taken a nosedive this year. Access to financing, heavy taxes and black market prices have contributed to the struggles of pot businesses. The good news is that industry regulation is looking good. A year ago, the cannabis industry was dubbed as the next gold rush. Pot stocks such as Tilray (NASDAQ:TLRY), Aurora […]
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