Cryptocurrency news

• Market Cap Flucutations Reveal Challenges in Evaluating Blockchain Platforms

  23-12-2019 23:00 via crypto-news.net
  
  It is becoming clear that the crypto market is ending 2019 on a down note. The price recovery that seemed all but certain to bring back a bull market has lost steam, with many platforms falling to their lowest values of the year. More notable is the fact that volatility continues to shake up the list of top coins, with several rising, and several falling in the overall rankings. This action demonstrates the fact that the blockchain revolution remains in its infancy, and that new tools may be nee
  
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• Market Cap Fluctuations Reveal Challenges in Evaluating Blockchain Platforms

  23-12-2019 23:00 via crypto-news.net
  
  It is becoming clear that the crypto market is ending 2019 on a down note. The price recovery that seemed all but certain to bring back a bull market has lost steam, with many platforms falling to their lowest values of the year. More notable is the fact that volatility continues to shake up the list of top coins, with several rising, and several falling in the overall rankings. This action demonstrates the fact that the blockchain revolution remains in its infancy, and that new tools may be nee
  
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• Is the Bitcoin Bull Market Here? Indicator Signals Massive Trend Shift is Imminent

  23-12-2019 22:00 via newsbtc.com
  
  Ever since Bitcoin plummeted to lows of $6,400 last week, BTC and the aggregated crypto markets have been caught within a firm upwards tailwind that has led many investors to believe that the market’s recent lows will ultimately mark a long-term bottom.
  One key technical indicator that has historically predicted both the beginnings and ends of bull markets and bear markets is now signaling that BTC’s latest movement upwards may mark the start of the next major uptrend for the cryptoc
  
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• Peter McCormack On A Defiant New Era For Bitcoin

  23-12-2019 21:43
  
  Why the narrative of 2019 was protest and dissent and why 2020 will see bloodletting in the alt markets.
  
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• Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop

  23-12-2019 21:33 via newsbtc.com
  
  At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days.
  Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs
  By Monday morning, the cryptocurrency was trading as high as $7,700, seemingly forced higher by shorts covering their positions and buyers expecting further upside. Though, all of a sudden, Bitcoin colla
  
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• 7,000 Illegal Crypto Mining Machines Seized

  23-12-2019 21:02
  
  Chinese authorities have ramped up their efforts, clamping down on illegal crypto mining.
  
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• Top Crypto Hash Rates Show Miners Betting Big on Bitcoin

  23-12-2019 21:00 via newsbtc.com
  
  Bitcoin hash rate has been performing exceptionally this year. Miners around the world clearly see a bright future for the leading crypto asset.
  The same cannot be said for other big projects in the industry. Whereas Bitcoin just hit a new all-time high hash rate, the likes of Ethereum, Bitcoin Cash and SV, and Litecoin have seen no such dramatic uptake in computing power deployed on their networks.
  Hash Rates Point to a Growth in Bitcoin Dominance in 2020
  Despite Bitcoin prices experiencing a r
  
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• Buterin: Binance DEX Should Be Criticized for Centralization, Not ETH

  23-12-2019 20:43 via cointelegraph.com
  
  Binance’s decentralized exchange Binance DEX is a “way better target” for criticism over being centralized than Ethereum, Vitalik Buterin believes
  
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• SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

  23-12-2019 20:33 via cointelegraph.com
  
  SEC-registered crypto brokerage BitOoda secures $7 million in funding from investors including former senior investment exec at JPMorgan
  
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• Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar

  23-12-2019 20:18 via cointelegraph.com
  
  Cyprus’ SEC issues a warning against almost 200 unregistered investment platforms, three of which look almost identical and falsely declared ties to regulated firm BDSwiss
  
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• Price Analysis Dec 23: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, TRX

  23-12-2019 20:05 via cointelegraph.com
  
  Bitcoin crossed above a key resistance and several altcoins appear on the verge of a short-term breakout, suggesting the Santa Claus rally is about to start
  
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• Past Performance Shows Bitcoin Historic High Could Serve As True Bear Market Bottom

  23-12-2019 20:00 via newsbtc.com
  
  History often repeats, and financial markets like Bitcoin and crypto regularly cycle. But past performance doesn’t always guarantee future results.
  However, according to past Bitcoin price cycles, the crypto asset may require a visit to a price level referred to as the golden pocket – which also just so happens to be the crypto asset’s former all-time high – before the leading cryptocurrency by market cap has reached a final bear market bottom.
  Bitcoin Bottom Resides At F
  
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• Core Developer Says 2020 is a Big Year For Bitcoin’s Scalability, Usability, and Adoption

  23-12-2019 19:25 via newsbtc.com
  
  Bitcoin core developer John Newbery took to Twitter this week to discuss the strides that Bitcoin has taken this year, and dive into how the lightning network will grow the cryptocurrency, its usability, and adoption moving into 2020.
  The lightning network is an issue of contention within the cryptosphere, with some believing that while it’s a great theory, not enough has been done yet in terms of real-world application.
  Lightning Network: Big Dreams for Bitcoin in 2020
  Newbery beings by d
  
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• Thomson Reuters Partners With Verady On Tool To Tackle Crypto Taxes

  23-12-2019 19:17 via cointelegraph.com
  
  Thomson Reuters partners with Verady to bring a new crypto tax tool to market
  
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• Ethereum Network Draws Developer Ire After Scheduling New Year’s Day Upgrade

  23-12-2019 19:03
  
  The organization behind ether, the world's second-largest cryptocurrency, is drawing criticism from developers after scheduling an upgrade on New Year's Day - a work holiday in most countries.
  
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• MARKETS DAILY HOLIDAYS: What’s a ‘Satoshi’?

  23-12-2019 18:39
  
  On today's holiday episode of Markets Daily, we take a look at the term "Satoshi", it's origin, what it means and why it matters.
  
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• Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official

  23-12-2019 18:22
  
  PBOC wants to distinguish its own digital currency from rival private initiatives.
  
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• These Five Altcoins Crushed Bitcoin’s 2019 Returns

  23-12-2019 18:00 via newsbtc.com
  
  2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin.
  However, a small handful of altcoins vastly outperformed Bitcoin, and crushed even the returns that BTC brought investors during its year of bullish price action.
  The Top Performing Crypto Assets of 2019
  From trough to peak, at its local high of $14,000 Bitcoin had brought investors as much as 350% return on investment. Even at current prices of $7
  
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• Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit

  23-12-2019 17:49
  
  The new KYC requirements come a week after Poloniex completed its U.S. exit.
  
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• Poloniex Allows Up to $10,000 Daily Withdrawals for KYC-Less Accounts

  23-12-2019 17:36 via cointelegraph.com
  
  Poloniex now allows users to withdraw up to $10,000 per day without confirming their identity
  
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• Bitcoin Price Will Drop $1,000 Before Seeing Real Bottom: Here’s Why

  23-12-2019 17:00 via newsbtc.com
  
  Bitcoin price is finally exhibiting price action that suggests it could be building a base in which a final local bottom could set.
  However, according to one crypto analyst, the first-ever crypto asset is likely to take another last-minute $1,000 dive to retest lowers before going on the real rally, offering crypto investors one final shakeout to hold through before the bull run returns.
  Final Shakeout Expected Before Bitcoin Price Finally Bottoms
  As the year comes to a close, Bitcoin may finall
  
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• Bakkt Has Two New Appointments as Former CEO Leaves for US Senate

  23-12-2019 16:44 via cointelegraph.com
  
  Bakkt’s parent company announced two new appointments after former CEO Kelly Loeffler was appointed to a United States Senate seat
  
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• Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines

  23-12-2019 16:38 via cointelegraph.com
  
  Chinese police has seized roughly 7,000 crypto mining units, which illegally used electric power
  
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• Into The Ether: 90% of All ETH Wallets Now ‘Out-of-The-Money’

  23-12-2019 16:24
  
  Ether is down significantly from record highs and the majority of its holders are losing money on their investments.
  
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• BitMEX: Crypto IEO ‘Poor Performance’ Sees Investors Lose up to 98%

  23-12-2019 16:06 via cointelegraph.com
  
  IEO investors face up to potential near total losses, with most crypto tokens hemorrhaging value versus launch price
  
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• Why XRP Isn’t Surging in Tandem With Rest of the Cryptocurrency Market

  23-12-2019 16:01 via newsbtc.com
  
  XRP was not among the gainers as the cryptocurrency market attracted capital of up to $12 billion in a day.
  The Ripple blockchain’s native asset slumped by up to 2.19 percent on Monday to establish an intraday low of $0.194. The downside move negated XRP’s gains – registered during the Sunday trading session – by 1.38 percent. At the same time, it pushed the cryptocurrency’s 24-hour adjusted performance down by 0.77 percent.
  Ripple’s XRP token correcting lower
  
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• Bitcoin Price Weekly Candle Closed as a Pin Bar — So What Comes Next?

  23-12-2019 15:29 via cointelegraph.com
  
  Christmas comes early for Bitcoin investors but BTC isn’t out of the woods yet
  
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• Bitcoin Hits 3-Week High Despite Strong Bearish Signs: Where is it Heading?

  23-12-2019 15:07 via newsbtc.com
  
  Bitcoin on Monday was trading above $7,500 as sellers showed signs of exhaustion near a crucial support area.
  The cryptocurrency could swell further to test $8,000-8,500 area, according to textbook technical indicators.
  A gap on the CME’s daily Bitcoin Futures chart hints a revisit to $7,200.Bitcoin opened this week at records as buying interests among traders renewed for the short-term.
  The benchmark cryptocurrency on Monday established an intraday high of $7,642.66, up 0.33 percent sinc
  
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• Corporations Need Bitcoin. They Just Don’t Know It Yet

  23-12-2019 15:00
  
  Bitcoin could be the basis for a new corporate operating system, writes Iterative Capital managing partner Chris Dannen.
  
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• Bitcoin Futures Provider Bakkt Names Mike Blandina as New Head

  23-12-2019 14:44
  
  Bitcoin warehouse and Intercontinental Exchange subsidiary Bakkt officially has a new head.
  
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• Bitcoin Futures Provider Bakkt Names Mike Blandina as New CEO, Adam White as President

  23-12-2019 14:44
  
  Bakkt chief product officer Mike Blandina will take over as CEO following the departure of new Senator Kelly Loeffler.
  
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• Bitcoin Subreddit Subscribers Surge Following Crypto’s Summer Bull Run

  23-12-2019 14:43 via cointelegraph.com
  
  The Bitcoin subreddit has added a remarkable number of new members since Bitcoin’s bull run last summer
  
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• EOSIO Proposal Would Prevent Users From Buying Blockchain’s Resources

  23-12-2019 14:36 via cointelegraph.com
  
  EOSIO proposed a system that would prevent users from owning CPU time and bandwidth on the network, and would rent it instead
  
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• Block.One Proposal Would Prevent Users From Buying EOS Resources

  23-12-2019 14:36 via cointelegraph.com
  
  Block.One proposed a system that would prevent users from owning CPU time and bandwidth on the network, and would rent it instead
  
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• How VeChain Cryptocurrency Was Able to Track and Freeze $6.1M of Stolen Funds

  23-12-2019 14:02 via newsbtc.com
  
  The VeChain Foundation updates the cryptocurrency community on the recent buyback wallet hack. Following the agreement of the Authority Masternodes, by way of voting, VeChain released a patch to freeze the majority of the hacker’s accounts.A Public Disclosure of the buyback address incident including latest updates, next steps, and the internal management decision.https://t.co/FfIvxCKcW4
  — VeChain Foundation (@vechainofficial) December 22, 2019VeChain Buyback Wallet Hack
  A little ove
  
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• Smashing Through Surveillance Capitalism With Blockchain

  23-12-2019 14:00
  
  The founders of RadicalxChange argue that we need to focus on the political economy if we want technologies like blockchain to produce better social outcomes.
  
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• 2020 Vision: 7 Trends Bringing Blockchain Into Focus in the Year Ahead

  23-12-2019 14:00
  
  As the blockchain industry moves from experimentation to implementation, futurist David Shrier is following these seven bellwethers.
  
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• Nuls Platform Hacked, 2% of Total Circulating Tokens Compromised

  23-12-2019 13:15
  
  The platform has decided to undergo a hard fork on the network.
  
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• Why the SEC Asked Blockforce Capital to Pull a Bitcoin ETF Proposal as Soon as It Was Filed

  23-12-2019 13:00
  Reality Shares ETF Trust, a branch of Blockforce Capital, filed an ETF proposal under the condition that it would pull the proposal after one day.
  
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• What Bear Market? Why Bitcoin is Ready to Enter Next Bull Phase

  23-12-2019 13:00 via newsbtc.com
  
  Bitcoin hasn’t done over the past few months. Since peaking near $14,000 in June of this year, the price of the leading cryptocurrency has fallen off by 50%, tumbling under the pressure of an overextended market and bulls taking profit.
  For some reason or another, there are analysts that expect this pain to persist, citing an array of technical and fundamental factors — like the existence of the PlusToken scam dumping BTC and ETH on the open market — some are starting to conclu
  
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• GMO Internet to Launch Yen-Pegged Stablecoin Next Year

  23-12-2019 12:19
  
  The company has already completed the development of its proprietary blockchain.
  
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• Hackers Grab Nearly $480K From Blockchain Platform Nuls

  23-12-2019 11:46 via cointelegraph.com
  
  Hackers have stolen almost $480,000 worth of NULS tokens, over $131,000 of which are now untraceable
  
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• Coinbase Phases Out Earn.com, Doubles Down on Coinbase Earn

  23-12-2019 11:25 via cointelegraph.com
  
  Coinbase shuts down its Earn.com crypto educational platform to focus on its in-house counterpart Coinbase Earn
  
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• SEC Will Rule on Wilson Phoenix Bitcoin ETF Proposal By Feb. 2020

  23-12-2019 11:18 via cointelegraph.com
  
  The SEC has said it will rule on the Bitcoin and T-Bills ETF proposal from Wilshire Phoenix Fund by late February 2020
  
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• Craig Wright Shows Paper Claiming Origin of the Name Satoshi Nakamoto

  23-12-2019 11:00
  
  He recently denied paying the estate of David Kleiman due to a lack of funds.
  
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• Craig Wright Shows Paper Claiming Origin of Satoshi Nakamoto

  23-12-2019 11:00
  
  He recently refused paying the estate of David Kleiman due to a lack of funds.
  
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• Bitcoin Just Spiked to $7,600 and It’s Showing 2 Big Signs of a Real Recovery

  23-12-2019 10:43 via newsbtc.com
  
  Overnight, the bitcoin price rose to as high as $7,642 and is up by more than $1,200 within five days. With the reversal, the dominant cryptocurrency crucially avoided miner capitulation and retest of an ascending channel dating back to 2015.
  #1: No bitcoin miner capitulation, at least for now
  As reported by NewsBTC, the capitulation of small bitcoin miners or “miner capitulation” is no longer ongoing. The Bitcoin network achieved a new record high hashrate this week, squashing specu
  
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• ‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays

  23-12-2019 10:31 via cointelegraph.com
  
  Bitcoin’s rising dominance will ultimately “destroy” competitors including EOS and Cardano, says Tone Vays
  
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• Will Ethereum Rebound in 2020?

  23-12-2019 10:29 via newsbtc.com
  
  Ethereum price drops to $141 as the cryptocurrency enters a new period of volatility. The technical indicators show that ETHUSD could rebound in 2020.At the moment Ethereum hit local low at below $141 as you can see on the PrimeBit 1-day chart below. The first two days of December have been disappointing for cryptocurrency bulls so far.Traders with long positions were counting on Ethereum bouncing back and going at least back to the $200 or even $300 level. So far, $300 seems to be too optimist
  
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• Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong

  23-12-2019 10:00
  
  The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off
  
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