Cryptocurrency news

• Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe

  03-12-2019 23:55 via cointelegraph.com
  
  A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption
  
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• State Street Slashes DLT Developer Team as Bank Rethinks Blockchain Strategy

  03-12-2019 23:25
  
  State Street Bank has cut over 100 blockchain developer jobs as part of a pivot from transforming its plumbing with DLT to supporting digital assets.
  
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• European Central Bank Considers the Development of a CBDC

  03-12-2019 23:00 via crypto-news.net
  
  Over the last couple of years, governments and central banks throughout the world have been actively researching the opportunities and potential drawbacks of releasing central bank-based digital currencies. So far, China, Uruguay and Sweden are getting close to the official release of their CBDCs. Recent developments in the global payments market have encouraged other central banks to carry out their due diligence and research the market as well. Based on this, reports now indicate that the Euro
  
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• #BitcoinTuesday: Tax Deductible Crypto Charity on International Day of Giving

  03-12-2019 23:00 via newsbtc.com
  
  A crypto-focused charity organisation has declared today #BitcoinTuesday in an effort to promote the perks of donating cryptocurrency to non-profits. The initiative is the work of TheGivingBlock, with sponsorship from several notable blockchain-related companies.
  Cryptocurrency donations, being considered as property, are not subject to capital gains and are tax deductible. This can make digital assets a more effective way to contribute to charitable causes.
  Crypto Companies Promote #BitcoinTues
  
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• Report: Android Vulnerability Allows Hackers to Steal Crypto Wallet Info

  03-12-2019 22:38 via cointelegraph.com
  
  Security firm uncovers a vulnerability that allows hackers to access private data on Android devices, including login credentials to crypto wallets
  
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• Student Loans App SoFi Granted BitLicense by New York Regulator

  03-12-2019 22:27
  
  The approval allows SoFi to provide users with the ability to buy and sell bitcoin, along with select other virtual coins.
  
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• Cointelegraph Launches Consulting Division to Drive Enterprise Blockchain Adoption, Partners With Insolar and VeChain

  03-12-2019 22:25 via cointelegraph.com
  
  Cointelegraph launches consulting division with the goal of driving enterprise blockchain adoption, partnering with Insolar and VeChain
  
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• Bitcoin Bears Laying the Groundwork for Further Losses as Bulls Lose Momentum

  03-12-2019 22:00 via newsbtc.com
  
  After incurring tremendous volatility throughout the latter part of October and the majority of November, Bitcoin appears to have now entered a period of consolidation as its bulls and bears send BTC between the upper and lower boundaries of a tight trading range.
  This period of sideways trading may soon come to an end, however, as one analyst is now noting that Bitcoin is currently expressing multiple bearish signs that could spell trouble for its near-term price action.
  Bitcoin Inches Higher a
  
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• Key Indicator Shows Ripple (XRP) Price Could be on the Verge of a Rally

  03-12-2019 21:35 via cointelegraph.com
  
  Ripple (XRP) price could manage a bullish reversal after a year-long decline if it can gain above the crucial $0.30 support
  
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• China's Great Firewall Blocks Popular ETH Block Browser Etherscan

  03-12-2019 21:16 via cointelegraph.com
  
  China banned its residents from using one of the most popular Ethereum blockchain explorers, Etherscan
  
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• Freedom Fighter or Fool? Jury’s Out on Arrested Ethereum Developer Virgil Griffith

  03-12-2019 21:15
  
  The case offers a litmus test of sorts: Was Griffith's appearance in North Korea a brazen violation of economic sanctions or a noble act of spreading ethereum's gospel of global reinvention?
  
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• Major Blow Dealt in Danish Court: Bitcoin Not Suitable for Bank’s Staff

  03-12-2019 21:00 via newsbtc.com
  
  A Danish court today ruled that Nordea Bank Danmark A/S has the right to say whether its employees can invest in Bitcoin. The bank first introduced a policy prohibiting crypto purchases last year.
  Denmark’s union for financial industry employees launched a subsequent legal challenge against the bank. However, a court yesterday decided that the risks associated with Bitcoin investment were sufficient to justify the clear invasion of personal privacy.
  Court Sides with Nordea: Employees Can&r
  
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• Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom

  03-12-2019 20:25
  
  Developers may punt a network feature two years down the road to avoid complicating ethereum's transition to proof-of-stake (PoS).
  
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• Without a Push Above $8,000, Bitcoin Likely to End Year on a Bearish Note

  03-12-2019 20:00 via newsbtc.com
  
  2019 has been a rough year for the crypto markets, with Bitcoin’s price action and the overall industry development gravely disappointing investors. BTC is poised to end the year up significantly from where it ended last year, but it does remain in a precarious position.
  It is also important to note that one analyst is claiming that there is currently a key price level that Bitcoin must end the year above if it is to incur any further gains, and it does appear that BTC is likely to end 201
  
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• SoFi Obtains BitLicense to Offer Crypto Trading Services in New York

  03-12-2019 19:21 via cointelegraph.com
  
  SoFi Digital Assets receives a BitLicense from New York regulators
  
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• 5 Crypto Projects That Crushed It in 2019

  03-12-2019 19:12 via newsbtc.com
  
  As 2019 nears its apex, it’s time to take a look back at the projects that crushed it this year. Crypto startups that shrugged off bearish market conditions, community apathy and industry in-fighting, and focused on shipping clean code and great products. There’s a lot of noise in the cryptosphere, but the following projects cut through it like a knife, delivering original solutions with genuine utility. Having killed it all year, you wouldn’t bet against this quintet doing it
  
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• Global Android Vulnerability Could Grab Wallet and Banking Data

  03-12-2019 19:00
  
  A newly-discovered exploit could hijack banking and wallet apps on your Android phone.
  
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• Chainlink Peak Mimics Wyckoff Distribution Schematic, Altcoin Selloff Could Accelerate

  03-12-2019 19:00 via newsbtc.com
  
  The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak.
  However, a violent selloff has begun in the asset, with investors taking profit following incredible returns it amassed throughout the year. The price action closely mimics a Wyckoff distribution schematic that suggests the selling will continue in the foreseeable future.
  A Look Back At The Altcoin’s Year of Strong Performance
  Ever since the crypt
  
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• Binance Cryptocurrency Exchange Adds Support for Tezos Staking

  03-12-2019 18:31 via cointelegraph.com
  
  Binance has rolled out staking rewards for Tezos after launching initial trading support for the coin in September
  
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• Data Shows Crypto Exchange Volume May Not Equate to Website Traffic

  03-12-2019 18:13 via cointelegraph.com
  
  Data shows that crypto exchanges with the highest volume do not always rank the highest in terms of traffic and engagement
  
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• Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion

  03-12-2019 18:11
  
  DeFi services provider Zerion has raised $2 million from Placeholder, Blockchain and others to build out its team.
  
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• Omniex Integrates Seed CX’s Digital Commodities Market

  03-12-2019 18:11
  
  Seed Digital Commodities Market was one of Seed CX’s two subsidiaries that secured a BitLicense from the NY regulator.
  
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• Bah Humbug! If Bitcoin Bulls Can’t Reclaim $7,800 It’s Coal For Christmas

  03-12-2019 18:00 via newsbtc.com
  
  All bulls want for Christmas this holiday season is to push Bitcoin price higher and prevent a further downtrend back into a full-blown bear market.
  But unless Bitcoin price can reclaim key support at $7,400, bullish crypto investors are going to have a bad Christmas, according to one crypto analyst.
  Bitcoin Price Must Reclaim $7,400 Support Or Risk The Naughty List
  At the close of October, Bitcoin price was trading above well above $9,000 following a news-driven short-squeeze that caused the fi
  
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• Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin

  03-12-2019 17:55 via cointelegraph.com
  
  Nordea Bank can now officially bar its employees from owning cryptocurrencies, according to a court ruling
  
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• MARKETS DAILY: China Picking Winners While Traders Wonder

  03-12-2019 17:44
  
  This time we're talking winners and losers in China's increasingly top-down crypto industry, the implications behind former CFTC chairman Giancarlo's just-announced move to white-shoe law firm Willkie Farr & Gallagher, and more.
  
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• Bitcoin, Ethereum: Key Metrics Reflect Positive Sentiment Moving Into December

  03-12-2019 17:42 via newsbtc.com
  
  As prices slowly recover following a rough November, metrics for bitcoin and Ethereum illustrate positive industry sentiment moving forward.
  These metrics include measures related to active addresses, fees, movement, mining, and more, as outlined in Coin Metrics’ State of the Network: Issue 28.
  Ethereum ActivityIn the past 24 hours, over 70,000 new addresses were created on the Ethereum network, with 245,000 active addresses, a sign that things are still moving forward for the second large
  
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• British Virgin Islands Announce US Dollar-Backed Digital Currency

  03-12-2019 17:32 via cointelegraph.com
  
  The British Virgin Islands announced that crypto firm LifeLabs is developing a U.S. dollar-backed stablecoin for the territory
  
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• Student Lender SoFI Gets NY BitLicense, Clearing Way to Offer Crypto Trading

  03-12-2019 17:29
  
  SoFi has been granted a BitLicense by NYDFS, allowing it to provide crypto trading services to New Yorkers.
  
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• Online Lender SoFi Gets NY BitLicense, Clearing Way to Offer Crypto Trading

  03-12-2019 17:29
  
  SoFi has been granted a BitLicense by NYDFS, allowing it to provide crypto trading services to New Yorkers.
  
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• PlusToken Effect: Alleged Asian Exit Scam to Blame for Market Decline?

  03-12-2019 17:28 via cointelegraph.com
  
  This exit scam purportedly cost investors $3 billion, and now could be dropping the crypto price market
  
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• Credits and Alibaba Cloud Storming Chinese Market With Blockchain-Based Solutions

  03-12-2019 17:13 via newsbtc.com
  
  The Credits open-source decentralized blockchain solutions provider and Alibaba Cloud have announced the joint launch of operations in the Chinese logistics market.
  The solution being launched jointly by the Credits platform and Alibaba Cloud is aimed at solving the multiple issues in the logistics market using blockchain technologies. The approach will be implemented through several business models involving 3PL.
  The business model being employed under the 3PL approach includes the use of low-c
  
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• China’s Internet Firewall Has Blocked Access to Ethereum Block Explorer Etherscan.io

  03-12-2019 17:05
  
  China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of ethereum blockchain data.
  
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• Bakkt Bitcoin Futures Open Interest Hits New All-Time High of $6.54M

  03-12-2019 16:46 via cointelegraph.com
  
  Open interest on Bakkt’s Bitcoin futures platform has hit a new record high of $6.5 million
  
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• Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions

  03-12-2019 15:45 via cointelegraph.com
  
  Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform
  
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• Court Backs Nordea Bank Bid to Block Staff From Trading Crypto

  03-12-2019 15:40
  
  Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work.
  
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• Zcash Foundation Funds App Mixing Private Messaging and Payments

  03-12-2019 15:00
  
  Meet Cwtch, a zcash-fueled messaging app with more decentralization than Telegram or Signal.
  
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• Institutions are Bullish on BNB-Backed ETP, Amun Claims

  03-12-2019 14:44
  
  The company listed a BNB-backed ETP at SIX in October.
  
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• Plaintiffs in Tether-Bitcoin Price Manipulation Case Will Not Drop Complaint

  03-12-2019 14:29 via cointelegraph.com
  
  The plaintiffs in a lawsuit accusing Bitfinex of Bitcoin price manipulation have declined to amend their complaint
  
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• Binance Acquires Decentralized App Information Startup DappReview

  03-12-2019 14:04 via cointelegraph.com
  
  Decentralized app information startup DappReview was sold for an undisclosed amount to major cryptocurrency exchange Binance
  
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• Juventus Soccer Club Releases Blockchain Token for Fan Voting

  03-12-2019 13:47 via cointelegraph.com
  
  Italian soccer club Juventus has issued its own token for fans to vote in a range of club-related decisions
  
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• WisdomTree Launches Physically Backed Bitcoin ETP on SIX Swiss Exchange

  03-12-2019 13:09
  
  A new bitcoin exchange traded product has just listed on the Swiss stock exchange SIX, and it's physically backed by the underlying crypto.
  
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• Bitcoin Analyst Whose Indicator Who Called $3,150 Bottom Predicts 30% Drop Possible

  03-12-2019 13:00 via newsbtc.com
  
  If you’ve followed the Bitcoin and cryptocurrency technical analysis space, you likely know of the TD Sequential.
  The indicator, created by Point 72 consultant and well-known investor Tom DeMark (hence TD Sequential), has long been a staple of the trading suites of many investors, giving these traders a way through which they can determine where assets have found local tops and bottoms. Specifically, it has become popular with Bitcoin traders, with Wall Street veteran turned BTC proponent
  
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• Bitcoin Analyst Whose Indicator Called $3,150 Bottom Predicts 30% Drop Possible

  03-12-2019 13:00 via newsbtc.com
  
  If you’ve followed the Bitcoin and cryptocurrency technical analysis space, you likely know of the TD Sequential.
  The indicator, created by Point 72 consultant and well-known investor Tom DeMark (hence TD Sequential), has long been a staple of the trading suites of many investors, giving these traders a way through which they can determine where assets have found local tops and bottoms. Specifically, it has become popular with Bitcoin traders, with Wall Street veteran turned BTC proponent
  
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• Plaintiff Against Bitfinex Stands Ground, Despite Court’s Request

  03-12-2019 12:55
  
  The exchange is facing two class-action lawsuits for BTC price manipulation.
  
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• BTC Price Manipulation Charges Against Bitfinex will Not be Dropped

  03-12-2019 12:55
  
  The exchange is facing two class-action lawsuits for BTC price manipulation.
  
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• Swiss Stock Exchange SIX Lists Physically-Backed Bitcoin ETP

  03-12-2019 12:32 via cointelegraph.com
  
  Nasdaq-listed asset manager WisdomTree has launched a physically-backed Bitcoin exchange-traded product on Switzerland's main stock exchange
  
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• Bitcoin to See Return of Bull Cross That Marked Onset of 2016-17 Price Rally

  03-12-2019 12:11
  
  A bitcoin price indicator that marked the beginning of the 2016-17 bull market is about to make another appearance.
  
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• Ethereum-Based Virtual Museum Tokenizes Censored Bitcoin Artwork

  03-12-2019 11:59 via cointelegraph.com
  
  Cryptovoxels — an Ethereum-based virtual museum — has tokenized and preserved a censored Bitcoin artwork painted over by French authorities earlier this year
  
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• Binance Acquires DappReview for an Undisclosed Amount

  03-12-2019 11:37
  
  The startup will launch its new product suite in Q1 2020.
  
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• Institutions Are Showing Interest in ETP Tied to Binance Coin, Amun Says

  03-12-2019 11:30
  
  Swiss crypto finance firm Amun says it’s received significant institutional interest in its exchange-traded product tied to Binance Coin (BNB).
  
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