Cryptocurrency news

• Binance CEO Identifies Turkey as Key Market for Blockchain and Crypto

  26-11-2019 23:00 via newsbtc.com
  
  As Turkey prepares to create its own state-issued digital asset, the CEO of leading crypto exchange Binance has praised the nation’s demand for and interest in cryptocurrency. Changpeng Zhao said Turkey is giving itself “the chance to lead financial technology developments.”
  The news comes shortly after Binance announced a new fiat-to-crypto gateway for Turkish lira. Clearly, the exchange is attempting to position itself correctly to take advantage of the comparatively high dem
  
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• Bitcoin Taps Lower Boundary of Bullish Channel; Break Below Could Spark Massive Sell Off

  26-11-2019 22:00 via newsbtc.com
  
  Bitcoin (BTC) has been caught in the throes of immense volatility over the past several days and weeks, with the cryptocurrency recently dropping to lows of $6,500 before posting a sharp bounce to $7,400.
  The momentum sparked by BTC’s bounce at $6,500 appears to be faltering, however, which could signal that it will soon drop below the lower boundary of the bullish macro trading range that it has been caught over the past several months. If this happens, it could open the gates for signifi
  
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• Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

  26-11-2019 21:18 via cointelegraph.com
  
  Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment
  
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• New Crypto-Stealing Malware Infected 80,000 Computers, Microsoft Says

  26-11-2019 21:01 via cointelegraph.com
  
  Microsoft reveals that new crypto-stealing malware “Dexphot” already infected 80,000 devices earlier this year
  
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• Cryptocurrency Startup Partners with Booking.com, Can Such Deals Promote Crypto Adoption?

  26-11-2019 21:00 via newsbtc.com
  
  A cryptocurrency-friendly travel booking platform has partnered with the online travel agency giant Booking.com. The deal will allow users of the Travala platform to book accommodation listed on Booking.com and pay for it with crypto assets.
  Although the announcement is great news for existing and future users of the Travala service, its impact on actual crypto adoption remains to be seen. Since there will be no change to the user experience at Booking.com, the partnership might not even serve a
  
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• Can Crypto Platforms Help Loyalty Schemes in Shops Make a Comeback?

  26-11-2019 20:06 via cointelegraph.com
  
  Would you want to receive loyalty rewards from retailers in crypto? New platforms are beginning to make this a reality #Sponsored
  
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• Dr. Doom Takes Opportunity To Kick Crypto While It’s Down

  26-11-2019 20:00 via newsbtc.com
  
  Economist Nouriel Roubini has earned himself the nickname Dr. Doom, due to the ominous forecasts he offers on a variety of financial markets and assets, namely crypto and Bitcoin.
  With Bitcoin price crashing once again and fear permeating the crypto market, Roubini has taken the opportunity to take a swipe at the asset class and kick it while it’s down.
  Nouriel Roubini Takes Shots At Bitcoin And Altcoins
  Last week, Bitcoin price fell below $8,000 and within days lost $7,000 as well, settin
  
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• South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies

  26-11-2019 19:44 via cointelegraph.com
  
  The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
  
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• China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

  26-11-2019 19:15
  
  Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.
  
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• Bitcoin Price May Be Ready To Rally According To Social Media Metric

  26-11-2019 19:00 via newsbtc.com
  
  Bitcoin price has been steadily falling for weeks now, ever since the crypto asset experienced its third-largest one-day surge in its short history on the heels of news that China would be supporting the blockchain technology that the crypto asset is built on.
  However, Bitcoin price may be ready to rally once again, according to a social media metric that hasn’t spiked this strongly since the day the China crypto pump began.
  Bitcoin Could Pump As Sentiment Returns To Social Media
  There are
  
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• Bitcoin ATM Firm Partners With Largest Shopping Mall Operator in US

  26-11-2019 19:00 via cointelegraph.com
  
  The largest shopping mall operator in the United States, Simon Malls, has partnered with Bitstop to install Bitcoin ATMs at some of its locations
  
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• MARKETS DAILY: Tokenization Challenges and Another Tether Lawsuit

  26-11-2019 18:30
  
  On today’s episode, we’re talking bitcoin's bearish juncture, tokenization troubles, and new allegations filed against stablecoin Tether
  
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• How to Earn and Spend Bitcoin on Black Friday 2019

  26-11-2019 18:30
  
  The 2019 holiday shopping season is a prime time for using and earning cryptocurrency.
  
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• Updated: Ripple-Backed Omni Rentals to Shut Down by Late 2019

  26-11-2019 18:19 via cointelegraph.com
  
  Ripple-backed Omni Rentals will reportedly shut down its services and send 10 of its engineers to Coinbase
  
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• Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report

  26-11-2019 18:19 via cointelegraph.com
  
  Ripple-backed Omni Rentals will reportedly shut down its services and send 10 of its engineers to Coinbase
  
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• US CFTC Obtains Over $1.3B in Administrative Penalties in 2019

  26-11-2019 18:02 via cointelegraph.com
  
  In 2019, the U.S. CFTC obtained monetary relief in its enforcement actions totaling over $1.3 billion, including funds collected from crypto companies
  
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• Crypto Analyst: Ethereum Will Never Again Breach $1K

  26-11-2019 18:00 via newsbtc.com
  
  The crypto market has been struggling for nearly two full years now to return to all-time high peak prices set back at the height of the crypto bull run, when Bitcoin reached $20,000 and became a household name and altcoins like Ethereum made investors filthy rich.
  During that time, Ethereum exploded to over $1,400 per ETH as demand for the asset fueled by the ICO boom caused its value to skyrocket. However, one crypto analyst says that Ethereum price won’t ever come close to the $1,000 ma
  
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• BNY Mellon Officially Joins Blockchain-Based Marco Polo Network

  26-11-2019 17:22 via cointelegraph.com
  
  American financial services giant BNY Mellon has joined blockchain software firm R3’s trade finance network, the Marco Polo Network
  
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• Craig Wright Wants Judge to Lift Sanctions Imposed for Contempt of Court

  26-11-2019 17:08
  
  He defaulted a court order to pay Ira Kleiman half of his BTC holdings and IP rights.
  
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• BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT

  26-11-2019 17:00 via cointelegraph.com
  
  BRICS countries are discussing the launch of a cross-national cryptocurrency to replace the U.S. dollar and enable freedom of trade
  
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• Telegram Founder Pavel Durov to Give Deposition in Gram Token Case

  26-11-2019 16:36 via cointelegraph.com
  
  Telegram founder Pavel Durov will give a deposition in January 2020 regarding the firm’s Gram token offering
  
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• MATIC Up 100% in 10 Days — Why Are Binance IEOs Starting to Pump?

  26-11-2019 16:17 via cointelegraph.com
  
  Some IEOs tokens are flipping bullish, including $ONE, $FET, $ERD, $MATIC
  
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• Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office

  26-11-2019 16:12 via cointelegraph.com
  
  Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will open a new office in Zurich
  
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• Ripple-Backed Rental Firm Omni Shutting Down With Coinbase Snapping Up Dev Team: Report

  26-11-2019 15:54
  
  Digital rentals marketplace Omni is shutting up shop, with Coinbase agreeing a deal to take on its engineers.
  
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• Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience

  26-11-2019 15:20 via cointelegraph.com
  
  The Red Cross societies of Norway, Denmark and Kenya have launched a blockchain-based currency plan to enhance aid delivery and foster local economies
  
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• BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns

  26-11-2019 15:07 via cointelegraph.com
  
  BitBay will drop support for the privacy-centric cryptocurrency Monero in 2020 in order to stay in line with industry Anti-Money Laundering standards
  
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• Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge

  26-11-2019 14:30
  
  Telegram's founder and CEO Pavel Durov, plus two other employees, should be deposed to give testimony in the SEC case over whether the gram token is a security, a judge has ordered.
  
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• Emirex Doubles Down with IEO Announcement, Building a Comprehensive Crypto Ecosystem in the Middle East

  26-11-2019 14:16 via newsbtc.com
  
  The cryptocurrency space has seemingly revived in 2019. After a massive blood-letting through the course of 2018, the space has begun to regain a new life. The price of Bitcoin, for example, increased over 400% through the first half of the year. While this trend has reversed in part, the overall movement of the industry continues to be positive.
  This strong showing has reduced fears that Bitcoin is simply another tulip-style bubble that will eventually pop. As consumers and institutional player
  
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• ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe

  26-11-2019 13:50 via cointelegraph.com
  
  Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
  
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• Another Crypto Exchange is Dropping Privacy Coin Monero Over Compliance Risk

  26-11-2019 13:20
  
  BitBay exchange is the latest to delist the privacy-focused monero cryptocurrency over AML concerns.
  
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• Altcoin Returns to ICO Price After 11,100% Run: Bitcoin Dominates Crypto Market

  26-11-2019 13:00 via newsbtc.com
  
  If you were around in the crypto markets in 2017, you likely know the altcoin ICON (ICX). Two years ago, this cryptocurrency was literally all the rage, with many calling ICON the “Ethereum of Korea” amongst other optimistic titles.
  At the time, this made sense. The cryptocurrency had embarked on a parabolic run that made other altcoins pale in comparison. Also, you had individuals like the chief executive of prominent blockchain venture fund Dan Morehead, purportedly remarking that
  
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• Ripple Finalizes $50 Million MoneyGram Investment

  26-11-2019 12:35
  
  Ripple now owns nearly 10 percent of MoneyGram's outstanding common stock after completing its $50 million equity investment.
  
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• Luno Reopens Crypto Exchange in Malaysia Amid Regulatory Approval

  26-11-2019 12:31
  
  The exchange is also planning to relaunch its services in Singapore.
  
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• Why 92% of Institutional Investors Store Crypto on Exchanges

  26-11-2019 12:25
  
  Viable cryptocurrency custody solutions are more available than ever before. Why aren't institutional investors using them?
  
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• As Bitcoin Bounces Back Above $7K, Popular Analysts Say Monthly Close Is Pivotal

  26-11-2019 12:04
  
  Bitcoin needs to rise by more than $1,000 in the next three days to invalidate bearish pressures, according to Mike Novogratz and Willy Woo.
  
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• Bitcoin Life Lesson: User Claims Forgetting ‘Brain Wallet’ Worth $13M

  26-11-2019 11:59 via cointelegraph.com
  
  Bitcoin worth $13 million allegedly locked after passphrase failure
  
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• Ex-DOJ, Capital One Exec to Lead Compliance at Crypto Payments Startup Celo Labs

  26-11-2019 11:00
  
  C Labs, the company working on Celo, is bringing on former DOJ official Jai Ramaswamy to head compliance.
  
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• Ex-DOJ, Capital One Exec to Lead Compliance at Crypto Payments Startup C Labs

  26-11-2019 11:00
  
  C Labs, the company working on Celo, is bringing on former DOJ official Jai Ramaswamy to head compliance.
  
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• Bitcoin Black Friday Shuts Forever as Founder Says ‘Mission’ Complete

  26-11-2019 10:42 via cointelegraph.com
  
  Use altcoins for trivial payments, not Bitcoin — Black Friday founder
  
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• Tokenized Real Estate Falters as Another Hyped Deal Falls Apart

  26-11-2019 10:00
  
  A high-profile venture between startups Fluidity and Propellr was quietly shelved this summer, underscoring the hurdles real estate tokenization faces.
  
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• KuCoin Adds Support for AUD and GBP with Banxa

  26-11-2019 10:00 via newsbtc.com
  
  Today, November 26, 2019, KuCoin, an IDG-backed crypto exchange, and fiat on-ramp service, Banxa, announced a strategic partnership to launch instant fiat to crypto conversions for all KuCoin users.
  The new partnership allows KuCoin’s customers to buy Bitcoin (BTC) and Ethereum (ETH) with Australia Dollar (AUD) and British Pound (GBP) directly, using bank transfers, debit/credit card and a 1,200 strong newsagent network. Banxa is currently adding more global payment options to its platform
  
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• 4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec

  26-11-2019 09:44 via cointelegraph.com
  
  China and taxes may be behind $6,500 Bitcoin price drop
  
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• BitBay to Terminate Monero Trading Support Next Year

  26-11-2019 09:21
  
  Deposits in the privacy coin will be stopped later this week.
  
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• PlanB: ‘Rare Opportunity’ Can See Bitcoin Price Hit $10K in December

  26-11-2019 09:01 via cointelegraph.com
  
  Bitcoin can flip bullish for $10K by year-end: PlanB
  
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• Analyst That Called Bitcoin Surge to $10,000 Suggests Bottom is Nearing

  26-11-2019 08:39 via newsbtc.com
  
  In the middle of October, John Bollinger, the prominent technical analyst behind the Bollinger Bands indicator, remarked that Bitcoin (BTC) was going to see a so-called “head fake.”
  For those unaware, a head fake in technical analysis terms is when an asset falls out of the Bollinger Bands, an indicator that estimates trading ranges, then violently snaps back into the range as if the asset has entered into either a bull or bear trap.Good potential for a Head Fake in $BTCUSD. Wait for
  
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• Ripple Puts Another $20M in MoneyGram Owning 10% of Common Stocks

  26-11-2019 07:27
  
  This new investment fulfills a $50 million investment commitment by Ripple in MoneyGram.
  
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• Bitcoin (BTC) Price Bear Run Has Come To End?

  26-11-2019 07:00 via newsbtc.com
  
  Bitcoin price tested the crucial $6,500 support area and started an upside correction against the US Dollar.
  The price is up around 10% and it even settled above the $7,000 resistance area.
  Yesterday’s key bearish trend line was breached with resistance near $7,060 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The bulls are now facing a couple of important downtrend resistances near $7,350 and $7,700.Bitcoin price is showing a few positive signs above $7,000 against the
  
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• Bitcoin And Crypto Market Recovery Facing Floor Test: BCH, Litecoin, EOS, XLM Analysis

  26-11-2019 06:30 via newsbtc.com
  
  The total crypto market cap started an upside correction after tagging $171.8B.
  Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance.
  Litecoin (LTC) price is gaining momentum and it could test the $48.50 resistance area.
  Bitcoin cash price is climbing higher towards the main $220 and $225 resistance levels.
  EOS price rallied 10% and it even broke the $2.500 resistance area.
  Stellar (XLM) price is slowly rising towards the $0.0600 resistance area.Bitcoin (BTC) and t
  
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• Ripple (XRP) Price Bearish Bias Intact Despite 5% Rally

  26-11-2019 05:28 via newsbtc.com
  
  Ripple price is currently correcting from the new monthly low of $0.2005 against the US dollar.
  The price might correct further higher, but the $0.2270 resistance is a crucial hurdle for buyers.
  There is a major bearish trend line forming with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The price is likely to resume its decline if it fails to climb above $0.2250 and $0.2270.Ripple price is trading with a short term positive bias against the US Doll
  
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• Ethereum (ETH) In Corrective Increase But Downtrend Intact

  26-11-2019 04:08 via newsbtc.com
  
  Ethereum is currently correcting higher from the $132 low against the US Dollar.
  Bitcoin price is also recovering and it is now trading above the $7,000 level.
  Yesterday’s major bearish trend line was breached with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken).
  The price is likely to correct further higher, but the $155 resistance is likely to act as a hurdle.Ethereum price is showing signs of an upside correction versus the US Dollar, similar to bitcoin. ETH
  
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