Cryptocurrency news

• Here Are 7 Reasons Why Bitcoin Could Explode Past $10,000

  03-02-2020 23:34 via newsbtc.com
  
  Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, failing to venture out of a tight range it has been stuck in for the past four days. The below chart from TradingView shows this non-action perfectly.Although some say that this flatlining price action is a precursor to Bitcoin return into the $8,000s as bears take over, a leading analyst recently gave over 7 key reasons why BTC may break higher past $10,000 in the near future to restart a bull trend.
  The analyst is on
  
  Read more

• Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says

  03-02-2020 23:11 via cointelegraph.com
  
  The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
  
  Read more

• Hackers Stole and Encrypted Data of 5 U.S. Law Firms, Demand 2 Crypto Ransoms

  03-02-2020 23:05 via cointelegraph.com
  
  Hacker group demanded two $933,000 ransoms for restoring and not published the data of five compromised U.S. law firms
  
  Read more

• Gemini Achieves Significant Milestone, Sets Standard For Regulated Exchanges

  03-02-2020 23:00 via crypto-news.net
  
  Gemini, the exchange founded by Tyler and Cameron Winklevoss, continues to make inroads toward its goal of becoming a mainstream, respected financial institution. It has recently announced that it has passed a high level security audit conducted by Deloitte, which marks a significant milestone in the crypto space. Whereas Gemini’s accomplishments are impressive, they highlight the significant challenge of merging blockchain assets with legacy economic systems.
  The audit in question is know
  
  Read more

• Advertisement

• Venezuelan Petro Cryptocurrency is a 'Scam', Say Local Merchants - Bitcoinist

  03-02-2020 22:04 via bitcoinist.com
  
  Venezuelan Petro Cryptocurrency is a 'Scam', Say Local Merchants  Bitcoinist
  
  Read more

• Bitcoin at Risk of Erasing 2020 Gains After Being Rejected at Key Level

  03-02-2020 22:00 via newsbtc.com
  
  Bitcoin faced a flash rally yesterday evening that led the crypto to break above $9,600 before almost instantly incurring a significant amount of selling pressure that led BTC to plummet into the $9,300 region.
  Bull’s inability to decisively close the cryptocurrency above its key resistance at $9,500 points to the possibility that bulls are losing their strength, and may even suggest that the crypto will drift significantly lower before buyers are able to catalyze another extended bout of
  
  Read more

• How to Trade Cryptocurrency on eToro? Invest in Crypto Easily on eToro - CoinCodex

  03-02-2020 21:52 via coincodex.com
  
  How to Trade Cryptocurrency on eToro? Invest in Crypto Easily on eToro  CoinCodex
  
  Read more

• US Marshals to Auction $37M in Confiscated Bitcoin in February

  03-02-2020 21:38 via cointelegraph.com
  
  The United States Marshals Service will auction 4,040 BTC in February, requiring a $200,000 deposit to take part
  
  Read more

• Advertisement

• This Initiative Could Single-Handedly Push Ethereum to Mass Adoption

  03-02-2020 21:00 via newsbtc.com
  
  In an effort to promote safe smart contract use, a group of Ethereum startups has founded a new initiative. The Ethereum Trust Alliance (ETA) will provide smart contract ratings, informing users of an application’s reliability.
  Previous examples of smart contract vulnerabilities have resulted in millions of dollars of missing funds. The ETA hopes to prevent similar occurring again. Good information about the trustworthiness of a smart contract may well drive Ethereum adoption going forward
  
  Read more

• Electronic Voting With Blockchain: An Experience From Naples, Italy

  03-02-2020 21:00 via cointelegraph.com
  
  E-voting experiments worldwide resulted in a lack of security and low voter confidence in the results. What has changed with blockchain tech, and why?
  
  Read more

• Deplatforming, Ethereum Marketing and Whether Brexit Matters for Crypto

  03-02-2020 21:00
  
  A look at social media censorship discussion plus ethereum marketing and Brexit reactions with Ledger CEO Pascal Gauthier
  
  Read more

• As Bitcoin Fails To Break Out, This Minor Cryptocurrency Has Surged By 400% - Forbes

  03-02-2020 20:25 via forbes.com
  
  As Bitcoin Fails To Break Out, This Minor Cryptocurrency Has Surged By 400%  Forbes
  
  Read more

• Top 3 Unknown Cryptos Outperforming Bitcoin in 2020: ICX, WAN, AION

  03-02-2020 20:00 via cointelegraph.com
  
  Altcoins have followed Bitcoin’s surge by producing impressive double-digit gains but for how long will it last?
  
  Read more

• Some Coinbase Users Can’t Withdraw More Than $10 in Bitcoin a Day

  03-02-2020 19:31 via cointelegraph.com
  
  Some Coinbase users cannot withdraw more than $10 per day from the exchange, a Redditor complains
  
  Read more

• An Interview With Lennix Lai on OKEx’ Role in Promoting Financial Inclusion

  03-02-2020 19:31 via newsbtc.com
  
  Lennix Lai, the Director of Financial Markets at OKEx recently gained the attention of the global financial and cryptocurrency community by pitching the idea of his company working with governments and other institutions to eliminate “unbankedness”. The location and timing of his speeches in this regard is of utmost importance as Lai spoke at length about blockchain technology and how it could help in promoting financial inclusion while attending high-profile events along the sidelin
  
  Read more

• French Payment Giants Worldline and Ingenico Merge in $8.6 Billion Deal

  03-02-2020 19:27 via cointelegraph.com
  
  Ingenico and Worldline merge to become a European payments behemoth
  
  Read more

• Bitcoin is Setting Up For a Violent Long Squeeze, Which May Trigger New Lows

  03-02-2020 19:01 via newsbtc.com
  
  Bitcoin bulls across the crypto market have been celebrating their recent victories in pushing the leading cryptocurrency by market cap’s price higher and higher, busting through downtrend resistance and closing both the most recent weekly and monthly candles bullish.
  But the victory dance could soon turn to sobs of remorse if a violent long squeeze that may be brewing happens and Bitcoin price crashes hard to new lows from current levels.
  Recipe for Disaster: BitMEX Open Interest High, Fu
  
  Read more

• Aztec Launches Privacy Network on Ethereum

  03-02-2020 19:00
  
  Users will be able to create private assets using the protocol.
  
  Read more

• Why I’m Joining Cointelegraph Magazine as Managing Editor

  03-02-2020 18:50 via cointelegraph.com
  
  Cointelegraph welcomes Jon Rice as the new editor of Cointelegraph Magazine
  
  Read more

• Price Analysis Feb 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, XTZ

  03-02-2020 18:30 via cointelegraph.com
  
  Most major cryptocurrencies are likely to dip in the next few days to shake out the weaker hands, after which the uptrend could resume
  
  Read more

• Crypto News Roundup for Feb. 3, 2020

  03-02-2020 18:30
  
  As bitcoin traders gain confidence, Markets Daily is back with news of the day.
  
  Read more

• Global Altcoin Breakout Could Usher Return of Alt Season Crypto Riches

  03-02-2020 18:00 via newsbtc.com
  
  The altcoin market has been ablaze all 2020 thus far, after the total crypto market and many individual altcoins broke out from downtrend resistance and went on massive rallies.
  Next, altcoins are preparing a global breakout of major, horizontal resistance, which if holds could lead to a return of alt season and richest beyond investor’s wildest imaginations.
  Altcoin Market Prepares For Break Above Critical Overhead Resistance
  Across the top ten cryptocurrencies by market cap, altcoins hav
  
  Read more

• US Marshals Will Auction $40M in Bitcoin This Month

  03-02-2020 17:30
  
  The U.S. Marshals Service plans to auction more than 4,000 bitcoin, worth about $37.7 million at press time, later this month.
  
  Read more

• Liechtenstein-Based Startup to Issue Tokens Pegged to Value of Collectible Cars

  03-02-2020 17:17 via cointelegraph.com
  
  Investment platform CurioInvest and MERJ Exchange will jointly offer a token backed by collector luxury cars
  
  Read more

• “Smart Money” Indicator Hints At Bearish Bitcoin Price Reversal

  03-02-2020 17:00 via newsbtc.com
  
  Bitcoin price has been in an uptrend since the new year kicked off. In just 31 days into the new year, the cryptocurrency rose over 30% and became one of the best-performing assets of 2020 thus far.
  But an indicator often used to tip traders off as to what positions “smart money” is taking, may be signaling a bearish reversal in the coming days.
  Bitcoin Price Prepares For Bearish Reversal If Smart Money Indicator Is Accurate
  Bitcoin price may have set a local downtrend bottom at $6,4
  
  Read more

• Minecraft Players Can Win Bitcoin on New Treasure Hunt Server

  03-02-2020 17:00
  
  A new Minecraft server allows players in the blocky universe to compete against one another to find hidden treasure and receive a bitcoin reward.
  
  Read more

• Don't Call China's Digital Currency a Crypto Project | Cryptocurrency News - Crypto Briefing

  03-02-2020 16:18 via cryptobriefing.com
  
  Don't Call China's Digital Currency a Crypto Project | Cryptocurrency News  Crypto Briefing
  
  Read more

• Mastercard CEO Reveals Why The Company Left Libra

  03-02-2020 16:09 via cointelegraph.com
  
  Mastercard CEO explains his issues with Facebook’s Libra
  
  Read more

• What are China’s Goals Behind its Digital Yuan?

  03-02-2020 16:05
  
  The story of the digital yuan is more complex than we knew and Professor Michael Sung explains why.
  
  Read more

• Prof. Michael Sung Talks About the Rise of the Digital Yuan

  03-02-2020 16:05
  
  The story of the digital yuan is more complex than we knew and Professor Michael Sung explains why.
  
  Read more

• PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K

  03-02-2020 16:00
  
  PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."
  
  Read more

• Bitcoin Could Fall Hard, This Textbook Indicator Shows

  03-02-2020 16:00 via newsbtc.com
  
  Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator.
  The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. More data that confirms the Wedge formation is a faster establishment of lower highs than higher highs – and a drop in volume during the pattern’s formation.
  Rising Wedge confirmed as bitcoin uptrend start c
  
  Read more

• Insolar Launches Mainnet, Swaps Ethereum-Based Token for Native Coin

  03-02-2020 15:02 via cointelegraph.com
  
  Insolar is launching its own mainnet and debuting its native Insolar Coin to replace its Ethereum-based token INS
  
  Read more

• MIT Develops ‘Spider’ Tech to Enable More Efficient Off-Chain Crypto Transactions

  03-02-2020 15:01
  
  The researchers say their new routing scheme can help avoid congestion on off-chain cryptocurrency networks.
  
  Read more

• Why Ethereum is Beating Bitcoin So Far in 2020, And Why It May Continue

  03-02-2020 15:00 via newsbtc.com
  
  Bitcoin got a Twitter emoji but it is Ethereum that is doing better as the market enters February 2020.
  The second-largest blockchain asset by market valuation was up by 51.75 percent on a year-to-date basis as of 0100 UTC, Tuesday. In comparison, leading cryptocurrency bitcoin underperformed by rising a dwarfed 34.81 percent, according to data provided by BitStamp exchange.
  Ethereum running ahead of Bitcoin in 2020 | Source: TradingView.com, BitStamp
  Pitted against each other, the ETH/BTC pair
  
  Read more

• MIT ‘Spider’ Routing Scheme Could Speed Up Cryptocurrency Transactions - Cointelegraph

  03-02-2020 14:48 via cointelegraph.com
  
  MIT ‘Spider’ Routing Scheme Could Speed Up Cryptocurrency Transactions  Cointelegraph
  
  Read more

• MIT ‘Spider’ Routing Scheme Could Speed Up Cryptocurrency Transactions

  03-02-2020 14:42 via cointelegraph.com
  
  MIT researchers have created a new crypto-routing scheme to notably reduce blockchain-based transaction processing times
  
  Read more

• IOTA Co-Founder Responds to Embezzlement Accusations

  03-02-2020 14:18
  
  David Sønstebø answered to co-founder Sergey Ivancheglo's threats of legal action against and accusations of embezzlement.
  
  Read more

• IBM Offers Blockchain Solution for Casual Labor Contracts

  03-02-2020 14:18 via cointelegraph.com
  
  Tech giant IBM says blockchain can help enterprises manage casual work contract reconciliation
  
  Read more

• Exclusive: IOTA Co-Founder Responds to Embezzlement Accusations

  03-02-2020 14:18
  
  David Sønstebø answered to co-founder Sergey Ivancheglo's threats of legal action against and accusations of embezzlement.
  
  Read more

• Ethereum Surpassed a Key Level For First Time in 1 Year, Making Vertical Rally Likely

  03-02-2020 14:14 via newsbtc.com
  
  It’s all systems go for Ethereum as technical analysis shows a possible breakout is on the horizon.
  The end of January saw a rejection at $185. But since then, Ethereum has tentatively broken through. Today it’s up just under 1%, sitting at around $188.
  Ethereum daily showing 50-day & 100-day MA. (Source: tradingview.com)
  Ethereum Is Showing Bullish Signs
  Technical analysis shows that the 50-day moving average is poised to cross the 100-day moving average on the Ethereum daily ch
  
  Read more

• Mastercard Left Libra Association Over Regulatory and Viability Concerns, Says CEO

  03-02-2020 14:12
  
  The credit-card giant pulled out of the Libra Association in October. Now its chief has opened up on why.
  
  Read more

• US Food Inspectors to Test IBM Blockchain for Export Certifications

  03-02-2020 13:00
  
  The blockchain feasibility assessment will search out efficiencies in a process marred by regulations and often complex documentary requirements.
  
  Read more

• Bitcoin-backed Hedge Funds Beat Traditional Players in 2019

  03-02-2020 13:00 via newsbtc.com
  
  Hedge funds containing bitcoin as a primary asset were more profitable in 2019 than those that didn’t feature the cryptocurrency, according to the latest survey by Eurekahedge.
  The hedge fund database found that dedicated cryptocurrency funds returned more than 16 percent profits to its investors last year. In comparison, traditional hedging strategies generated a dwarfed 10.4 percent return.
  The difference, albeit minor, helped push bitcoin in the eyes of more traditional investors,
  
  Read more

• Privacy on Ethereum: Aztec Protocol Launches on Mainnet

  03-02-2020 12:53 via cointelegraph.com
  
  Aztec launches private DAI on Ethereum’s mainnet, says private contracts will come this year
  
  Read more

• Singapore: Digitized Securities Exchange Gets Regulator’s Go-Ahead

  03-02-2020 12:27 via cointelegraph.com
  
  Singapore’s central bank and regulator MAS has licensed capital markets blockchain platform iSTOX to operate in the city-state
  
  Read more

• Bitcoin Price Spikes to Three-Month High as Bull Cross Approaches

  03-02-2020 12:15
  
  Bitcoin printed a three-month high on major exchanges early on Monday with a key indicator eyeing its first bullish turn in 11 months.
  
  Read more

• Bitcoin Price Spikes to 3-Month High as Bull Cross Approaches

  03-02-2020 12:15
  
  Bitcoin printed a three-month high on major exchanges early on Monday with a key indicator eyeing its first bullish turn in 11 months.
  
  Read more

• MAS Green Lights iSTOX for Full Operation

  03-02-2020 12:08
  
  The platform will tokenize unlisted companies, along with other assets.
  
  Read more

• Crypto Tycoon Winklevoss Brothers Obtain Six Stablecoin Patents

  03-02-2020 12:02 via cointelegraph.com
  
  Tyler and Cameron Winklevoss have been awarded six patents pertaining to stablecoins
  
  Read more

Follow @CryptoNewslock on Twitter!