Cryptocurrency news

• How does cryptocurrency work? - Fox Business

  24-02-2020 23:56 via foxbusiness.com
  
  How does cryptocurrency work?  Fox Business
  
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• Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows

  24-02-2020 23:00
  
  Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara.
  
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• Schiff the Bitcoin Expert? BTC Naysayer Schools Drug Dealer on Private Keys

  24-02-2020 23:00 via newsbtc.com
  
  Despite having apparently lost his own Bitcoin holdings through private key mismanagement, Peter Schiff now seems to be an expert in securely storing the crypto asset. Apparently, the experience has given the BTC naysayer the authority to pass judgement on similar incidents of carelessness.
  Commenting on the recent example of an Irish drug dealer apparently losing private keys worth $60 million, Schiff says the security precautions he took were inadequate.
  Since When Did Schiff Know About Securi
  
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• Caitlin Long Starts the First Crypto-Native Bank in the U.S.

  24-02-2020 22:53 via cointelegraph.com
  
  Caitlin Long is setting up a first crypto-native bank in the US that will offer crypto services to institutional investors
  
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• Bitcoin’s Coronavirus Selloff Throws Cold Water on Safe-Haven Argument

  24-02-2020 22:33
  
  As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.
  
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• Cryptocurrency exchange operator ruled in breach of contract - The Straits Times

  24-02-2020 22:00 via straitstimes.com
  
  Cryptocurrency exchange operator ruled in breach of contract  The Straits Times
  
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• Analyst: Ethereum’s Path to $400 is Clear Once it Breaks This Single Level

  24-02-2020 22:00 via newsbtc.com
  
  Ethereum has been closely tracking Bitcoin and the aggregated market over the past several days, which has led ETH to experience some intense volatility as it ranges between lows of $250 and highs of $285.
  In spite of Bitcoin’s overt bearishness at the moment, it is important to note that Ethereum has been forming a highly bullish market structure that could lead it significantly higher in the near-term.
  One top trader is noting that this market structure could lead the cryptocurrency to $
  
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• Crypto Derivatives: CME Volume Crashes 89% in 3 Days, SEC to Rule on ETF

  24-02-2020 21:28 via cointelegraph.com
  
  Trade volume for CME Bitcoin futures contracts have evaporated in recent days. The slump following a six-week increase of 500%
  
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• Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report

  24-02-2020 21:21 via cointelegraph.com
  
  Bitmain’s Antminer E3 will allegedly stop mining Ethereum in April 2020, altcoin mining pool 2Miners reports
  
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• Caitlin Long on Coronavirus, Crypto Custody and Building a Bank

  24-02-2020 21:10
  
  A new crypto bank tries to address some of the most fundamental issues for institutions who want to get into the space.
  
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• The Knives are Out on Crypto Twitter as Bitcoin OG Turns into Altcoin Shill

  24-02-2020 21:00 via newsbtc.com
  
  One of the earliest Bitcoin proponents is facing criticism for publicly endorsing an alternative crypto asset. Trace Mayer, who recommended people buy Bitcoin back in 2010, appeared on a recent YouTube interview talking very highly of Mimblewimble Coin.
  Industry observers have taken issue with the fact that Mimblewimble Coin launched with a 50 percent pre-mine. Many in the crypto industry believe Mayer’s sudden endorsement of the recently-launched project is aimed at his own personal enric
  
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• Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA

  24-02-2020 20:31 via cointelegraph.com
  
  The failure to resume the uptrend shows traders are booking profits instead of buying and this could drag crypto prices lower over the short term
  
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• Coronavirus Fear Shakes Up Markets, But Crypto Remains Unaffected

  24-02-2020 20:00 via newsbtc.com
  
  The impact of COVID-19, better known as the coronavirus, has finally started to hit financial markets in a big way, but crypto has remained relatively stable for the normally volatile asset class.It’s caused the stock market to tank, but safe-haven assets like gold to surge. But what might this mean for Bitcoin and the rest of the crypto market once volatility resumes?
  Coronavirus Concerns More Damaging Than Virus Itself
  COVID-19, or the coronavirus as its widely known, is having a dramati
  
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• Big Pharma Urges FDA to Use Blockchain for Drug Tracking

  24-02-2020 19:36 via cointelegraph.com
  
  25 companies representing the pharmaceutical supply chain are calling on the US FDA to adopt blockchain technology to track and trace prescription drugs
  
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• Polkadot Will Feature Layer Two Scaling Thanks to Celer Network

  24-02-2020 19:31 via cointelegraph.com
  
  Celer and Polkadot join forces to bring layer two scaling on the upcoming platform
  
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• JPMorgan Chase’s Shifting Attitude Towards Cryptocurrency - CryptoGlobe

  24-02-2020 19:17 via cryptoglobe.com
  
  JPMorgan Chase’s Shifting Attitude Towards Cryptocurrency  CryptoGlobe
  
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• Bitcoin Craters to $9,500 After Fakeout: Here’s Why It’s Time to Pay Attention

  24-02-2020 19:17 via newsbtc.com
  
  On Sunday, analysts were starting to flip bullish on Bitcoin. The cryptocurrency, after plunging to $9,250 from $10,300 just days earlier (a drop of 10%), had mounted a recovery to $10,000, rallying higher after flatlining for a number of days.
  This reversal, analysts said, might be a precursor to the crypto market surging to fresh year-to-date highs.
  Though, true to the ever-volatile nature of BTC, the reversal quickly reversed; within minutes, Bitcoin fell from $10,000 to $9,700. then continue
  
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• New Jersey Lawmaker Wants to Create a Crypto License

  24-02-2020 19:15
  
  New Jersey Assemblywoman Yvonne Lopez has introduced a licensing regime for crypto businesses, authorizing the state banking regulator to oversee the space.
  
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• IRS Crypto Tax Return Question — Be Careful How You Answer

  24-02-2020 19:11 via cointelegraph.com
  
  If you received, sold, sent or exchanged any virtual currencies last year, the IRS has to know
  
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• Will the Implementation of Regulations Kill the Cryptocurrency-Dependent Industries? - The Merkle Hash

  24-02-2020 19:02 via themerkle.com
  
  Will the Implementation of Regulations Kill the Cryptocurrency-Dependent Industries?  The Merkle Hash
  
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• Bitcoin Just Dropped Below a Key Level That Could Spark a “Nasty” Selloff

  24-02-2020 19:00 via newsbtc.com
  
  Bitcoin’s volatile week has shown no signs of slowing down, as BTC bulls made a fleeting attempt to propel the cryptocurrency over $10,000 overnight which was closely followed by yet another sharp selloff.
  This movement comes close on the heels of the crypto’s recent flash crash, which sent BTC from highs of $10,200 to lows of $9,200.
  Despite the selloff following this rally, Bitcoin was able to post a weekly candle close above a key support level that it has now broken below. If the
  
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• Why Haven’t Blockchain and Cryptocurrency been mass adopted? - BTCMANAGER

  24-02-2020 18:52 via btcmanager.com
  
  Why Haven’t Blockchain and Cryptocurrency been mass adopted?  BTCMANAGER
  
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• Why Another Drop Below $9.4K Would Not Bode Well for Bitcoin Price

  24-02-2020 18:34 via cointelegraph.com
  
  A drop in trading volume and volatility signal that a larger move is imminent from Bitcoin
  
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• CME Bitcoin Futures Daily Trading Volume Hits 2020 Low – That’s a Bullish Sign

  24-02-2020 18:32
  
  Daily trading volume in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) dropped to year-to-date lows on Friday.
  
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• Gold Fractal Points to Massive Bitcoin Breakout to Over $11,000

  24-02-2020 18:30 via newsbtc.com
  
  Gold has been used for centuries as an investment, a currency, a store of value, and a medium of exchange. Bitcoin is its digital counterpart, sharing many of the same attributes that give the precious metal its unique value.
  The two assets have behaved similarly in the face of growing economic turmoil, fueling the “Bitcoin as a safe haven narrative.” That similar performance is poised to continue if Bitcoin continues to follow an eerily similar fractal from gold’s price chart.
  
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• US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets - Bitcoin News

  24-02-2020 18:25 via news.bitcoin.com
  
  US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets  Bitcoin News
  
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• Verge (XVG) One of the Serious Cryptocurrency Projects Around - The Cryptocurrency Analytics

  24-02-2020 18:21 via thecurrencyanalytics.com
  
  Verge (XVG) One of the Serious Cryptocurrency Projects Around  The Cryptocurrency Analytics
  
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• SEC Approves Next Step of Diginex Nasdaq Listing

  24-02-2020 18:14 via cointelegraph.com
  
  Fintech firm Diginex has revealed its further plans, once the merge deal with 8i is closed and it goes public
  
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• Blockchain Fintech Firm Diginex, 8i Set Up Special Meeting on Merger Deal

  24-02-2020 18:14 via cointelegraph.com
  
  Fintech firm Diginex has revealed its further plans, once the merge deal with 8i is closed and it goes public
  
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• How to Include Cryptocurrency in an Estate Plan - ElderLawAnswers.com

  24-02-2020 18:08 via elderlawanswers.com
  
  How to Include Cryptocurrency in an Estate Plan  ElderLawAnswers.com
  
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• OKEx Makes OKB and 18 Other Assets Available for Spot Margin Trading and Savings, Also Introduces Mark Price System

  24-02-2020 18:04 via newsbtc.com
  
  The Spot Margin trading and Savings service on OKEx have received a huge boost as the leading cryptocurrency exchange platform announced the addition of 19 new assets. The list of new assets available in margin trading pairs starting 21st Feb 2020 includes ADA, ALGO, ATOM, BTM, BTT, ELF, HC, IOTA, IOST, LINK, OKB, OMG, ONT, VSYS, XLM, XMR, XTZ, ZEC and ZIL against BTC or USDT.
  The inclusion of new tokens also signifies a milestone for the platform’s own OKB utility tokens which has gained
  
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• Ethereum Sets Record for Most Bullish String of Weekly Price Action Yet

  24-02-2020 18:00 via newsbtc.com
  
  The number two cryptocurrency by market cap, Ethereum, has been leading the crypto rally of 2020, causing its value to more than double year-to-date.
  As the rally continues, Ethereum just set the most bullish string of weekly price action yet with a record-breaking total of nine consecutive weekly green price candle closes. With so much bullish momentum, what’s next for the second-largest cryptocurrency in the industry?
  Ethereum Continues Record-Breaking Crypto Rally
  Ethereum is up nearly
  
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• Crypto News Roundup for Feb. 24, 2020

  24-02-2020 18:00
  
  With the price of bitcoin repeatedly breaching and then retreating from the psychologically important $10,000 level, Markets Daily is back with another time crypto news roundup.
  
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• Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

  24-02-2020 17:36 via cointelegraph.com
  
  The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector
  
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• CULedger’s DLT-Based Credit Union Platform Is Commercially Live

  24-02-2020 17:28 via cointelegraph.com
  
  CULedger, a major fintech firm coordinated by the Credit Union National Association, commercially launches its blockchain identity platform
  
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• Binance CEO Changpeng Zhao: Bitcoin SV Founder Craig Wright ‘Is a Fraud’

  24-02-2020 17:13 via cointelegraph.com
  
  Bitcoin SV founder Craig Wright “is a fraud,” according to Changpeng Zhao, the CEO and co-founder of major crypto exchange Binance
  
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• Cryptocurrency use makes regulating party funding tricky - Business Day

  24-02-2020 17:12 via businesslive.co.za
  
  Cryptocurrency use makes regulating party funding tricky  Business Day
  
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• This Tool Says Bitcoin Price Is About to Rip, But In What Direction?

  24-02-2020 17:00 via newsbtc.com
  
  Bitcoin price has risen by over 50% year-to-date, from lows around $6,800 to as high as $10,500 at the recent peak. But just as the price action begins to stabilize, one technical analysis tool has reached a level that has in the past preceded some of the largest moves in Bitcoin yet.
  When the tool reaches this level, it suggests that Bitcoin is about to “rip,” according to one crypto analyst. But in what direction will Bitcoin price head?
  Bitcoin Price Ready to Rip, According to Tec
  
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• South Korea proposes gradual tax imposition on cryptocurrency trading - International Investment

  24-02-2020 17:00 via internationalinvestment.net
  
  South Korea proposes gradual tax imposition on cryptocurrency trading  International Investment
  
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• G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies

  24-02-2020 17:00
  
  FATF's guidance compels crypto exchanges to share user data with one another.
  
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• G-20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies

  24-02-2020 17:00
  
  FATF's guidance compels crypto exchanges to share user data with one another.
  
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• Tron CEO: Bitcoin to Break $100K in 2025 and Pull Up Other Coins

  24-02-2020 16:36 via cointelegraph.com
  
  Tron CEO Justin Sun believes that Bitcoin will cross $100,000 mark in or before 2025, while other cryptos like ETH and XRP will follow the trend
  
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• Warren Buffett Admits He Doesn’t Hold Bitcoin, Tron or Any Crypto

  24-02-2020 16:02 via newsbtc.com
  
  Even a $4.5 million charity lunch was not enough to turn benchmark investor Warren Buffett into a crypto enthusiast.
  The chairman and CEO of Berkshire Hathaway, who in 2018 compared the top cryptocurrency bitcoin to rat poison, stayed unflinchingly skeptic about the cryptocurrency three years later. He told CNBC that he still sees cryptocurrencies as assets that have no value, noting that they don’t produce anything meaningful.
  “What you hope is that someone comes along and pays you
  
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• Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming

  24-02-2020 16:00
  
  A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.
  
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• ‘I Will Use Bitcoin SV to Buy Drugs,’ Junkie Dares Abusive Craig Wright

  24-02-2020 15:08 via newsbtc.com
  
  Craig Wright‘s efforts to “weed out” drug users from his pet blockchain project, Bitcoin SV, is meeting resistance in a new kind of challengers.
  An anonymous person took Reddit to dare Mr. Wright that he would use Bitcoin SV’s native cryptocurrency BSV to purchase drugs. The perceived junkie confidently asserted that he would use different BSV wallets for each narcotic transaction, noting that Craig Wright & Team would not have a clue about the nature of trade.
  &ldquo
  
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• SEC to Decide the Fate of Another Bitcoin ETF Proposal This Week

  24-02-2020 15:00
  
  The SEC is poised to rule on another bitcoin ETF application this week. Wilshire Phoenix is hoping its novel fund structure might help it succeed where others have not.
  
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• Warren Buffett: Cryptocurrency 'has no value' – 'I don't own any and never will' - CNBC

  24-02-2020 14:55 via cnbc.com
  
  Warren Buffett: Cryptocurrency 'has no value' – 'I don't own any and never will'  CNBC
  
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• Tyler Winklevoss’ Had a $3 Million ‘Bitcoin Pizza Moment’ With Space Travel

  24-02-2020 14:48 via cointelegraph.com
  
  Tyler Winklevoss is reportedly the owner of the world’s most expensive ticket to space, which he bought for Bitcoins that are now worth $3 million
  
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• Bitpanda to join upcoming SelfKey Cryptocurrency Exchange Marketplace - CryptoNinjas

  24-02-2020 14:46 via cryptoninjas.net
  
  Bitpanda to join upcoming SelfKey Cryptocurrency Exchange Marketplace  CryptoNinjas
  
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• Fan Token Platform Socios Announces Prepaid Fiat-Crypto Card

  24-02-2020 14:26 via cointelegraph.com
  
  Sports fan token platform Socios will launch a live crypto debit card, but is yet to reveal the card issuer
  
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