Cryptocurrency news

• $17M Funding Round in Startup to Bring Blockchain Tech Into ETFs

  07-01-2020 23:20 via cointelegraph.com
  
  Blockchain startup Securrency receives over $17 million in funding as investor WisdomTree looks to bring blockchain to the ETF world
  
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• John McAfee Lays Down Crypto Transparency Challenge to US Congress

  07-01-2020 23:00 via newsbtc.com
  
  One of the biggest issues many people have with government is its complete lack of transparency and accountability, which in turn creates national populations with a high level of distrust in the ruling classes. With their immutable transaction ledgers, financial innovations, like Bitcoin and other crypto assets, could help restore some of this lost trust.
  Today, presidential hopeful and antivirus pioneer John McAfee laid down a challenge to members of US Congress. The controversial crypto asset
  
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• Sony’s Car Points to a Future of Machine-to-Machine Crypto Payments

  07-01-2020 22:45
  
  Could Sony's sensor-laden car be the future of blockchain-based mobility?
  
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• Android Platform Now Home to Coinbase Pro Trading App

  07-01-2020 22:40 via cointelegraph.com
  
  Coinbase Pro is now available for Android users, Coinbase says in a blog announcement
  
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• Libra Association Exec: World Needs Us Because Bitcoin Is ‘Not a Means of Payment’

  07-01-2020 22:35
  
  Libra Association Vice Chair Dante Disparte spoke at the Digital Money Forum at CES 2020, arguing for Libra's advantages over other bitcoin.
  
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• Is Bitcoin a Scam? Here’s Why Reddit Certainly Thinks So

  07-01-2020 22:00 via newsbtc.com
  
  At first glance, the social discussion website Reddit appears to have joined the ranks  crusade against Bitcoin. If you search the entire site for the word “scam”, one of the top three results is Bitcoin.
  Just what’s going on? Has the website turned its back on the crypto asset space, or is there something much more innocent behind the seemingly defamatory search results?
  Hey Now Reddit, We Thought You and Bitcoin Were Cool?
  Bitcoin has been previously called many things b
  
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• SEC Examination Office Gets Specific About Crypto Priorities in 2020

  07-01-2020 21:15
  
  The SEC Office of Compliance Inspections and Examinations detailed its crypto priorities for 2020, highlighting employee supervision and transfer agents developing blockchain technology.
  
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• Hamstringing an Industry With Compliance Costs

  07-01-2020 21:00
  
  The risk to the industry when crypto companies have to spend millions on compliance, plus new BTC mining in TX and the IMF on digital currencies.
  
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• As Ethereum Hits a Make or Break Level, This Factor Could Spell Doom for What’s Next

  07-01-2020 21:00 via newsbtc.com
  
  Ethereum has had a great week, as it has been able to post consistent gains that have allowed ETH to claim a stable position within the $140 region. Despite this, it has been woefully underperforming Bitcoin over the past 24-hours, and it is unclear whether it will soon begin a descent as investors transfer capital from altcoins to BTC.
  Analysts are now noting that the current price region Ethereum is trading at is a make or break level for the cryptocurrency, and one key factor could signal tha
  
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• Though 'Intriguing,' Crypto Won't Dethrone Dollar, Says IMF Economist

  07-01-2020 20:29 via cointelegraph.com
  
  The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
  
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• US SEC Prioritizes Crypto Compliance in 2020, But Hints at Kinder Gentler Approach

  07-01-2020 20:16 via cointelegraph.com
  
  U.S. SEC will continue to prioritize crypto compliance in the coming year, but seems to be more interested in bringing the industry in from the cold
  
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• Bitcoin Just Printed These Key Bullish Signals as Price Surged to $8,100

  07-01-2020 20:08 via newsbtc.com
  
  After seeing a small retracement (as predicted in one of NewBTC’s Bitcoin analysis articles), BTC continued to rocket higher on Tuesday. As of the time of writing this, the leading cryptocurrency has tapped $8,100 for the first time in literal weeks — in six weeks, to be exact — managing to surmount that level on the back of another wave of buying pressure from bulls.
  Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So
  This latest bum
  
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• The Fate of Bitcoin in 2020 Could Rest on How it Responds to This Key Price Region

  07-01-2020 20:00 via newsbtc.com
  
  Yesterday was a wild day for Bitcoin, with the cryptocurrency surging well over 5% to highs of just below $8,000 before it met some insurmountable resistance that slowed this rally. It is important to note that BTC has been able to maintain all of its recent gains in the time since this rally first occurred.
  One highly respected analyst is now noting that Bitcoin could currently be at a key pivoting point, with is reaction to its current price levels setting the tone for which direction it will
  
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• 4 Signs the Cryptocurrency Altcoin Market May Have Finally Bottomed

  07-01-2020 19:38 via cointelegraph.com
  
  As Bitcoin pushes to $8K, many altcoins appear on the verge of breaking above their 2-year downtrends
  
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• Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump

  07-01-2020 19:32 via cointelegraph.com
  
  Former Bakkt CEO Kelly Loeffler has been sworn into the U.S. Senate to become the newest Georgia’s Senator and cast her first vote to support Trump
  
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• Coinbase Pro App Now Available on Android With 50 Trading Pairs

  07-01-2020 19:14
  
  Coinbase claims professional investors in 100 different countries can access 50 different trading pairs on its new Android mobile application.
  
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• What Happens If the US Loses the Blockchain War?

  07-01-2020 18:43 via cointelegraph.com
  
  The global blockchain tech race still has no leader, but China could win this blockchain war, leaving the U.S. far behind
  
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• Turkey's Financial Watchdog Plans to Regulate Crypto Markets, Report Says

  07-01-2020 18:38 via cointelegraph.com
  
  Turkey’s securities market authority CMB plans to regulate crypto markets in 2020, local sources say
  
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• Blockchain Platform EOS Raised $4 Billion and Has Dropped Over 30% Since

  07-01-2020 18:30 via newsbtc.com
  
  In the period between June 2017 and 2018, Block.one raised $4 billion via the sales of its native cryptocurrency, EOS. More than a year later, the token associated with the Cayman Islands-based startup has lost over 30 percent of its value due to massive price declines and a lack of authentic users.
  The EOS-to-dollar exchange rate currently sits at approx $2.79 after peaking at $23.02 in April 2018. Like in the case of every other cryptocurrency, EOS too became a victim of massive dumping that o
  
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• MARKETS DAILY: Are Governments Feeling the FOMO?

  07-01-2020 18:21
  
  With bitcoin setting a blistering pace for 2020, Markets Daily is back with all the news that matters, plus a look at several stories on the escalating, global interest in blockchain by governments.
  
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• Blockchain Vendor R3 Scores Its Second Patent in a Week

  07-01-2020 18:20
  
  Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient.
  
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• Ethereum Rally Stopped at $145 Resistance; Another Bearish Retest?

  07-01-2020 18:00 via newsbtc.com
  
  Crypto markets lit up yesterday, with Ripple’s XRP leading the charge with an over 12% gain on the day. The buzz around the crypto industry caused other assets to take off, including the first-ever cryptocurrency Bitcoin, and the number two cryptocurrency by market cap, Ethereum.
  Ethereum’s rally, however, was stopped abruptly at overhead resistance at $145 – a critical resistance level that must be breached for price action to become bullish. Was the rejection at this level ju
  
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• Underwater Bitfinex Bitcoin Whale Now Nearly $7 Million in Profit

  07-01-2020 17:00 via newsbtc.com
  
  A Bitcoin whale on the popular cryptocurrency margin trading platform Bitfinex who just weeks ago was underwater to the tune of $25 million, is now topping the exchange’s leaderboards with nearly $7 million in unrealized profit.
  Bitfinex Whale Comes Out From Underwater, $7 Million in Profit
  Bitcoin price has been in a downtrend since June 2019, but yesterday’s surprise rally may have put an end to months of decline and could send the leading cryptocurrency by market cap back on an up
  
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• SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

  07-01-2020 16:40
  
  Potentially the world's biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.
  
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• CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi

  07-01-2020 16:40 via cointelegraph.com
  
  The regulators are unable to find the man responsible for a $140 million Bitcoin pyramid scheme
  
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• Major Spanish Bank Latest to Bring Blockchain Into European Finance

  07-01-2020 15:49 via cointelegraph.com
  
  Spain-based CaixaBank integrates We.trade, giving customers access to blockchain technology
  
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• DAO Platform Aragon Begins Recruiting Jurors for Tokenized ‘Court’

  07-01-2020 15:15
  
  The blockchain-based court system will allow humans to arbitrate on disputes brought forward by ecosystem members.
  
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• Bitcoin Scam Ads Featuring Martin Lewis Now Spotted on Instagram

  07-01-2020 14:42 via cointelegraph.com
  
  Bitcoin scam ads featuring the likeness of Martin Lewis have been spotted on Instagram, months after the financial expert settled related proceedings against Facebook
  
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• SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining Site

  07-01-2020 14:38 via cointelegraph.com
  
  Japanese financial services giant SBI and internet provider GMO have reportedly agreed to process crypto transactions at what is set to become the world’s largest mining site
  
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• Court Denies SEC Request to Make Telegram Reveal ICO Bank Records

  07-01-2020 14:27 via cointelegraph.com
  
  The U.S. District Court for the Southern District of New York has denied the SEC’s request to compel Telegram to reveal its bank records
  
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• Litecoin ‘Largest Miner Capitulation’ Great News for Bitcoin — Analyst

  07-01-2020 14:11 via cointelegraph.com
  
  Willy Woo is eyeing Litecoin technicals for hints that Bitcoin could soon enter a bullish phase
  
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• Digital Currencies Won’t Replace US Dollar Anytime Soon: IMF Chief Economist

  07-01-2020 14:00
  
  Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
  
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• Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist

  07-01-2020 14:00
  
  Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
  
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• Justin Sun Hints Privacy Coin on TRON: 2 Key Reasons It Can Be Bad For TRX

  07-01-2020 13:49 via newsbtc.com
  
  Tron CEO Justin Sun took to Twitter to garner name suggestions for an up and coming TRX-based privacy coin. No further details have been forthcoming and many in the crypto community remain wary of his latest announcement.Privacy coins on #TRON is on the way. What's the best name for it? $TRX #TRX @Poloniex
  — Justin Sun (@justinsuntron) January 6, 2020Tron Developers Have Been Working
  Justin Sun, and his style of self-promotion, have often drawn criticism. Most notably, regarding the Warren
  
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• XRP’s Epic 12% Rally is Bullish for Ethereum Price; Here’s Why

  07-01-2020 13:30 via newsbtc.com
  
  For the third or fourth day in a row, bulls have decisively taken control of the cryptocurrency market. Leading the pack wasn’t Bitcoin or Ethereum (ETH), it was XRP, the third-largest cryptocurrency by market capitalization and an asset that is either despised or loved.
  Related Reading: Bitcoin is On the Brink of Going Parabolic; Here’s the Levels to Watch
  As reported by NewsBTC previously, the Ripple-linked token surged on Monday, rallying as high as 12% and tapping $0.22 as buyers
  
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• Law Enforcement Data Requests Rose by Almost 50 Percent in 2019, Says Kraken

  07-01-2020 13:00
  
  The exchange's CEO said the cost of responding to law enforcement requests for user data was over $1 million.
  
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• Law Enforcement Data Requests Rose By Almost 50% in 2019, Says Kraken

  07-01-2020 13:00
  
  The exchange's CEO said the cost of responding to law enforcement requests for user data was over $1 million.
  
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• Why Fears of Correction Still Dominate the Bitcoin Market Despite Big Rally

  07-01-2020 12:54 via newsbtc.com
  
  Bitcoin staged a sharp price rally this Tuesday as speculators continued to assess the likelihood of a full-blown military conflict between the US and Iran.
  The benchmark cryptocurrency established a seven-week high of $8,000 on Coinbase, its best level in seven-weeks. The move upside brought its weekly gains up by 10.27 percent. The bitcoin futures trade, too, noted moves towards $8,100 after the price rally in the spot market.It might be time to get out of Bitcoin's way.
  — The Wolf Of Al
  
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• Messenger Giant Line’s Crypto Exchange to Delist XRP This Month

  07-01-2020 12:49 via cointelegraph.com
  
  BitBox, the Singapore-based crypto exchange of messaging giant Line, will delist XRP on Jan. 16
  
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• Bitcoin Probes Major Resistance After 15% Price Rally

  07-01-2020 12:00
  
  Bitcoin's recent gains have led to a bullish chart breakout and brought a key long-term price resistance into play for the first time in over two months.
  
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• Bitcoin Probes Major Resistance After 15 Percent Price Rally

  07-01-2020 12:00
  
  Bitcoin's recent gains have led to a bullish chart breakout and brought a key long-term price resistance into play for the first time in over two months.
  
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• oneZero Picks GCEX for Liquidity Services

  07-01-2020 11:53
  
  GCEX was founded by the founder and former CEO of CFH Clearing Lars Holst.
  
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• GCEX Partners with oneZero to Provide Liquidity Services

  07-01-2020 11:53
  
  GCEX was founded by the founder and former CEO of CFH Clearing Lars Holst.
  
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• Bitcoin Flashes Wyckoff ‘Sign of Strength’ Hinting at New Bull Market

  07-01-2020 11:38 via cointelegraph.com
  
  The Wyckoff Method suggests Bitcoin is looking more like it has left lows behind, suggests Murad Mahmudov
  
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• These 4 Factors Are Building Bitcoin Price’s Colossal Bull Case

  07-01-2020 11:30 via newsbtc.com
  
  Over the past few days, Bitcoin (BTC) has exploded higher, with buyers stepping in after weeks of inactivity. This buying pressure allowed the cryptocurrency to reach a multi-week high at $8,000 on Tuesday morning.
  Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So
  While the bullish momentum has since slowed, analysts are currently starting to flip medium-term bullish on the cryptocurrency for a confluence of technical and fundamental reasons.
  Factor
  
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• Store of Value Remains Crypto’s Best Use Case

  07-01-2020 11:00
  
  Store of value was the most viable and desirable use case across crypto in 2019 and offers a basis to increase adoption in the second decade of crypto, says Ryan Zurrer of Dialectic.
  
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• Major South Korean Crypto Exchange Bithumb Launches R&D Center

  07-01-2020 10:45 via cointelegraph.com
  
  Bithumb, a major South Korean crypto exchange, is launching its own R&D center for cryptocurrencies and blockchain technology
  
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• Law Enforcement Requests to Kraken Hit All-Time-High, Up 49% in 2019

  07-01-2020 10:41 via cointelegraph.com
  
  The new 2019 Transparency Report from crypto exchange Kraken reveals that the number of data requests it receives from law enforcement agencies worldwide continues to rise
  
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• XRP And Ripple Unexpectedly Face Major Blow in Japan After 15% Price Surge

  07-01-2020 10:35 via newsbtc.com
  
  XRP, Ripple’s native cryptocurrency which increased by more than 15 percent in merely two days, will be delisted from BITBOX. The exchange is operated by Japan’s biggest messaging application LINE.
  Why is XRP being delisted, and what impact will it have?
  In a standard statement, the BITBOX team said that it actively observes every cryptocurrency listed on the exchange. If a cryptocurrency fails to meet its standards on performance, reliability, liquidity, or regulatory requirements,
  
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• Telegram Clarifies TON Wallet Integration Intentions

  07-01-2020 10:25
  
  The anticipated launch date of the TON blockchain is now in April.
  
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