Cryptocurrency news

• Whiplash: Bitcoin Slides Below $6,500, Surges Above $7,100 in 8-Hour Span

  18-12-2019 23:15
  
  Bitcoin traders might need a neck brace from watching Wednesday's price action.
  
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• Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting

  18-12-2019 23:12 via cointelegraph.com
  
  A group of 10 global oil and gas firms like Chevron and Shell sees successful pilot for digitized industry balloting using blockchain
  
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• US SEC Looks to Expand ‘Accredited Investor’ Classification

  18-12-2019 23:06 via cointelegraph.com
  
  U.S. SEC seeks public commentary on expansion of “accredited investor” status to more investors who can prove knowledge
  
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• Breaking: As Bitcoin Reclaims $7,000, Bakkt Volume Explodes to New High

  18-12-2019 23:00 via newsbtc.com
  
  The past three days have been an absolute whirlwind for Bitcoin, with the price of the leading cryptocurrency whipping between $7,150, $6,400, and everywhere in between, seemingly without rhyme or reason.
  Related Reading: Goldbug Peter Schiff Calls For Bitcoin To Close 2019 at A Loss
  This latest bout of volatility hasn’t gone unnoticed. Institutions trading cryptocurrencies have picked up on this, with reports indicating that Bakkt’s BTC volumes have hit an all-time high amid the lat
  
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• Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’

  18-12-2019 22:55 via cointelegraph.com
  
  Did Bitcoin price just bottom after bouncing strongly off critical support?
  
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• Why Bitcoin is Perfectly on Track for Parabolic Cycle Despite 50% Drop

  18-12-2019 22:00 via newsbtc.com
  
  Bitcoin experienced a sharp and sudden drop earlier this morning that led the crypto as low as $6,400, and its reaction to this level has provided some much-needed validation for embattled bulls who feared that BTC would experience significantly further losses.
  Much to the chagrin of bears, analysts are noting that Bitcoin may be positioned for further gains in the near-term, as its parabolic trend cycle has still remained firmly in tact despite the recent bearish price action experienced by the
  
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• Bitcoin Surges to $7,200 By 11% In Massive 1 Day Reversal, As Traders Consider Bottom

  18-12-2019 21:54 via newsbtc.com
  
  Bitcoin price has been in a steady downtrend over the last few months, however, after a sweep of local lows earlier today, Bitcoin has absolutely exploded into what may end up being a short-term trend reversal, in a massive push by bulls above $7,200.
  Bitcoin Price Reclaims Support Above $7,000
  Earlier this morning, Bitcoin price fell below $6,500 in a sharp and abrupt sweep of local lows set late last month. But just mere moments after Bitcoin touched $6,450, the leading crypto asset by market
  
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• Presenting CoinDesk’s Most Influential 2019

  18-12-2019 21:47
  Chosen by CoinDesk staff and readers, Most Influential is a selection of people who did exceptional blockchain-y things in 2019.
  
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• Sirin Labs in Talks to Combine with Israeli Cybersecurity Startup

  18-12-2019 21:16
  
  Moshe Hogeg said the merger talks reached an advanced stage and expects to sign the deal within a few weeks.
  
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• US SEC Imposes $250,000 Penalty, Requires Return of up to $13M for Unregistered ICO

  18-12-2019 21:14 via cointelegraph.com
  
  The U.S. SEC imposes a $250,000 penalty against Blockchain of Things, which may also have to refund up to $13 million netted in unregistered ICO
  
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• ‘Stacking Sats’ vs. ‘ETH is Money’ – The Memes That Shaped 2019

  18-12-2019 21:05
  
  NLW breaks down ten memes and narratives that dominated the crypto conversation in 2019.
  
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• The Year of the Patient Builder and the Persistent Bully

  18-12-2019 21:00
  
  Trent Larson, Principal Software Developer for Medici Ventures, thinks regulators should let the builders build.
  
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• Crypto is 2019’s Most Overhyped Trend For Start Ups

  18-12-2019 21:00 via newsbtc.com
  
  It seems that cryptocurrency is the most overhyped trend for both founders and employees at startups. The information comes from First Round Capital’s annual State of Startups report.
  Also receiving a disproportionate amount of interest from both groups were artificial intelligence/machine learning and virtual/augmented reality.
  Optimism for Crypto Doesn’t Match Reality, According to Startup Founders and Employees
  First Round Capital has just published its annual look the attitudes a
  
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• Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners

  18-12-2019 20:56 via cointelegraph.com
  
  Research conducted by major crypto exchange binance suggests that the motivation driving Bitcoin SV miners is non-economic in nature
  
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• EOSIO Creator to Provide Over $1.5M via New EOSIO Grant Program

  18-12-2019 20:13 via cointelegraph.com
  
  EOSIO creator Block.One launches a new $1.5 million grant program to support EOSIO development
  
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• EOS Creator to Provide Over $1.5M via New EOSIO Grant Program

  18-12-2019 20:13 via cointelegraph.com
  
  EOS creator Block.One launches a new $1.5 million grant program to support EOSIO development
  
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• It’s Not Just the Money, It’s the People in Bitcoin: Anil Lulla

  18-12-2019 20:00
  
  Credible brands are making long-term investments in this technology, says Anil Lulla, co-founder of Delphi Digital, a research boutique.
  
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• Goldbug Peter Schiff Calls For Bitcoin To Close 2019 at A Loss

  18-12-2019 20:00 via newsbtc.com
  
  At the start of 2019, both Bitcoin and gold began to rally alongside one another, fueling the Bitcoin as a safe haven asset narrative that permeated the finance industry during the run-up of the two assets.
  Gold has since taken a pause, while Bitcoin has entered a downtrend, wiping out as much as 50% of the asset’s rally this year. Now, a prominent gold investor and crypto critic is calling for Bitcoin to close the year at a loss, much like other crypto assets across the industry have.
  Gol
  
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• Price Analysis Dec 18: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM

  18-12-2019 19:55 via cointelegraph.com
  
  Traders should prepare their buy list as it appears that the crypto market will bottom out soon
  
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• Alchemy Publicly Launches Its Blockchain API After Raising $15 Million

  18-12-2019 19:48 via cointelegraph.com
  
  Blockchain firm Alchemy publicly launched its API after securing $15 million in funding
  
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• PlusToken Scam Triggered the Bitcoin Bear Trend, But It’s Not the Sole Factor

  18-12-2019 19:18 via newsbtc.com
  
  The PlusToken Ponzi scheme has and continues to impact the price of Bitcoin as funds are liquidated via OTC brokers, but half the problem facing the BTC market is a lack of buying demand according to analyst Alex Krüger. 
  PlusToken Dump
  PlusToken promised its “investors” monthly returns of anywhere from 10 to 30 percent in its eponymous token (PLUS), which traded on such popular exchanges as Huobi and Bithumb. This attracted more than 200,000 Bitcoin, 789,000 ether, and 26
  
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• SEC Proposal Would Broaden ‘Accredited Investor’ Definition

  18-12-2019 19:16
  
  The SEC's proposed amendment would allow more investors access to private capital markets.
  
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• Gaming Is Key to the Mass Adoption of Crypto

  18-12-2019 19:14 via cointelegraph.com
  
  Crypto gaming: A closer look at a few examples of what is being built and played
  
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• Experts Claim Allegations on MakerDao Vulnerabilities Are Substantial

  18-12-2019 18:49 via cointelegraph.com
  
  The recent vulnerability allegations raised against Maker are substantial, according to some experts
  
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• ‘TurboTax’ for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail Investors

  18-12-2019 18:48
  
  Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15.
  
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• MARKETS DAILY: Crypto Bears Circle While Hackers Rethink Their Malware Strategy

  18-12-2019 18:35
  
  
  No lions or tigers, just bears. Here's CoinDesk Markets Daily with Adam B. Levine and Brad Keoun.
  
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• A Year of Careful, Prosaic, BUIDLing

  18-12-2019 18:30
  
  The debate isn't bitcoin or blockchain, it's about separating real ROIs from the noise-makers, says theexecutive director of Hyperledger.
  
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• Bitcoin ‘UTXOs in Loss’ at Record Highs Amid Price Sell-Off

  18-12-2019 18:20
  
  A key metric is hovering at record highs, suggesting investors are likely holding bitcoins even when deep in the red.
  
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• Tron Crypto Founder Justin Sun Contributes $1 Mil to Environmentalist Greta Thunberg

  18-12-2019 18:09 via newsbtc.com
  
  The founder of the crypto altcoin known as Tron or TRX, has pledged a staggering one million dollar donation to 16-year-old world-renowned activist and environmentalist, Greta Thunberg.
  The money will go toward one of the many initiatives that Thunberg supports related to climate change and global warming.
  Justin Sun Pledges $1 Million Contribution To Greta Thunberg
  The crypto industry is an unusual place, filled with eccentric characters, outspoken project founders, and dozens of influencers sh
  
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• Tron Crypto Founder Justin Sun Contributes $1 Mil Environmentalist to Greta Thunberg

  18-12-2019 18:09 via newsbtc.com
  
  The founder of the crypto altcoin known as Tron or TRX, has pledged a staggering one million dollar donation to 16-year-old world-renowned activist and environmentalist, Greta Thunberg.
  The money will go toward one of the many initiatives that Thunberg supports related to climate change and global warming.
  Justin Sun Pledges $1 Million Contribution To Greta Thunberg
  The crypto industry is an unusual place, filled with eccentric characters, outspoken project founders, and dozens of influencers sh
  
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• 10 Things to Watch for in Crypto in 2020

  18-12-2019 18:00
  
  The halving. Central bank currencies. Telegram vs the SEC. There's lots to look forward to in 2020. CoinDesk's research team previews.
  
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• 10 Events to Look Out for in 2020

  18-12-2019 18:00
  
  The halving. Central bank currencies. Telegram vs the SEC. There's lots to look forward to in 2020. CoinDesk's research team previews.
  
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• ECB Explores Anonymous Transactions with Central Bank Digital Currency

  18-12-2019 17:51
  
  For high-value transactions, the revelation of identity will be necessary.
  
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• Bitcoin Price Sees Abrupt $500 Surge in Minutes, Is It A Trend Reversal?

  18-12-2019 17:34 via newsbtc.com
  
  Bitcoin price has been falling over the last few months ever since the first-ever cryptocurrency was rejected at $14,000 this past June.
  The severity of the downtrend has picked up over the last several weeks, and may have just come to its climax, if a powerful upsurge in response to today’s low ends up being a legitimate trend reversal.
  Bear Trap? Bitcoin Sweeps Lows to $6,450, Rebounds to $6,950 Two Hours Later
  Bitcoin price swept local lows today, breaking below $6,500 and touching $6,4
  
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• How Crypto Exchanges Are Tackling Poverty

  18-12-2019 17:06 via cointelegraph.com
  
  Developing countries can rely on technology that stands behind crypto to improve their economies
  
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• Monero’s ‘Fluffypony’ Steps Down as Lead Maintainer of Privacy Coin Project

  18-12-2019 17:00
  
  Riccardo Spagni, better known as "Fluffypony," will relinquish his day-to-day leadership role in the privacy coin project.
  
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• Bitfinex Bitcoin Whale Currently Underwater By Nearly $25 Million

  18-12-2019 17:00 via newsbtc.com
  
  Over the last couple of weeks, the talk across the cryptocurrency market has been focused on a lone Bitcoin whale on the crypto trading platform Bitfinex, who has been amassing a substantial long position in the crypto asset.
  Given the recent decline in Bitcoin price, that trader’s cumulative long position is now underwater by roughly $25 million. However, when looking at the trader’s realized gains, it all could be part of his master plan.
  Bitfinex Bitcoin Whale Underwater By $25 Mi
  
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• Former Kraken Employee Sues Exchange for ‘Unethical and Illegal Business Tactics’

  18-12-2019 16:53 via cointelegraph.com
  
  An ex-employee of Kraken has sued the exchange for sanctions violation and discrimination, among other issues
  
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• Swiss Exchange SIX Backs Token Securities Platform Daura

  18-12-2019 16:43
  
  Daura was recently used by Deutsche Börse and other partners in settling securities transactions with tokenised shares.
  
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• Contrary to Popular Belief, Bitcoin is in Full Bear Market, Says Analyst

  18-12-2019 16:32 via newsbtc.com
  
  People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger.
  The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular price prediction models, such as the Stock-to-Flow, that envision bitcoin at its all-time high after halving.
  “Contrary to what cheerleaders want people t
  
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• Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro

  18-12-2019 15:28 via cointelegraph.com
  
  The price of Orchid’s OXT token has decreased 20% following its launch on Coinbase Pro
  
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• Ripple (XRP) Hits 27-Month Low: What’s Behind the Sustained Crash?

  18-12-2019 15:17 via newsbtc.com
  
  Ripple’s native asset XRP fell into an extreme negative area this Wednesday as investors pulled billions of dollars out of the entire cryptocurrency market.
  The XRP-to-dollar exchange rate established an intraday low of $0.174 on BitStamp around 1300 UTC. That brought the pair down by 4.39 percent from the market open. At the same time, the move downhill pushed XRP towards its lowest level since September 2017.
  XRP has plunged by circa 10 percent in the last 24 hours | Source: TradingView.
  
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• Tradeshift Says It’s Slashed Cross-Border Transaction Costs Using Ethereum

  18-12-2019 15:00
  
  Supply chain fintech startup Tradeshift, which boasts two million firms on its platform, says it's slashed the cost of cross-border transactions between buyers and suppliers using the public ethereum blockchain.
  
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• Kyber Network Aims to Improve DeFi Liquidity With ‘Katalyst’ Protocol Upgrade

  18-12-2019 15:00
  
  Kyber Network, the ethereum-based protocol focused on aggregating liquidity and facilitating swaps for ERC-20 tokens, is about to launch a major upgrade.
  
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• EOS-Based Bitfinex DEX ‘EOSfinex’ Launches Affiliate Program

  18-12-2019 14:59
  
  The program allows participants to earn 25% of trading fees up to three degrees.
  
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• Bitcoin Crashes to New 7-Month Low But Bounces Off $6.4K Support

  18-12-2019 14:47 via cointelegraph.com
  
  Bearish plunge for Bitcoin draws comparisons to December 2018, but forecasts are flashing bullish
  
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• EY Launches Token and Smart Contract Testing Service in Open Beta

  18-12-2019 14:38
  
  Now in public beta, EY's new review service assesses code quality and checks for malware.
  
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• Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000

  18-12-2019 14:04 via newsbtc.com
  
  Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX.
  The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target.
  The said MA in December 2018 had capped the asset’s downtrend from flourishing.
  As of now, it sits near the lower-$5,000 levels.Bitcoin risks plunging to its eight-month low after closing below a crucial support level earlier last week and dropping to the $6,400s.
  The benchmark cryptocurrency invali
  
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• Crypto Scam? Chinese Authorities Investigate a Massive Mobile App With 95M Users

  18-12-2019 13:59 via newsbtc.com
  
  Authorities in Hunan Province are investigating the Chinese fitness app Qubu concerning illegal fundraising and financial crypto fraud. The premise of the app was simple; users walked at least 4,000 steps daily for 45 days in exchange for 15 “candies” – Qubu’s own digital currency.
  But concerns over marketing as an investment instrument have led to the withdrawal of Qubu from app stores. And it’s affiliate system has also drawn criticism over it operating as a Ponzi
  
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• Ex-Kraken Employee Alleges ‘Unethical and Illegal Tactics’ in Discrimination Lawsuit

  18-12-2019 13:30
  
  The cryptocurrency exchange is being sued by an ex-employee who alleges the company unfairly fired him for raising serious issues with its business practices.
  
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