Cryptocurrency news

• Cryptocurrency Exchange Bitstamp Raids Rival for New Legal Chief - Bloomberg Law

  26-02-2020 23:48 via news.bloomberglaw.com
  
  Cryptocurrency Exchange Bitstamp Raids Rival for New Legal Chief  Bloomberg Law
  
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• Ripple Class-Action Lawsuit Can Proceed, Judge Rules

  26-02-2020 23:33
  
  A lawsuit claiming Ripple violated U.S. securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm.
  
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• The United Nations is on a slow path to blockchain adoption

  26-02-2020 23:30 via crypto-news.net
  
  Bitcoin enables financial freedom and provides access to everybody that also has access to the internet. It represents the perfect global blockchain use case. No intermediaries, just payees and receivers.
  However, we have a long way to go before we start to use blockchain in all of the right places (and in the right ways). For now, distributed ledgers are largely ignored by small businesses, unless they are a part of a larger network. There is no benefit to using them internally. However, the op
  
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• With New Members Libra Still Isn’t a Threat to Bitcoin, Here’s Why

  26-02-2020 23:00 via newsbtc.com
  
  Recent new members to the Libra Association look set to contribute capital, potential user bases, and technical expertise to help the project win favour with regulators. Yet, contrary to what you might have heard, Libra really isn’t a threat to Bitcoin.
  The Libra Association recently added the Canadian e-commerce platform Shopify and crypto startup Tagomi to the governance consortium overseeing its Libra stablecoin project.
  Libra and Bitcoin, Not Even the Same Beast
  The crypto asset indust
  
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• Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default

  26-02-2020 23:00 via cointelegraph.com
  
  Why do regulators assume that crypto transactions carry increased risks?
  
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• Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter

  26-02-2020 22:35
  
  Square reported bitcoin revenues of $178 between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters.
  
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• Samsung Introduces Phone Chip for Secure Cryptocurrency Storage - Crypto Briefing

  26-02-2020 22:20 via cryptobriefing.com
  
  Samsung Introduces Phone Chip for Secure Cryptocurrency Storage  Crypto Briefing
  
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• Crypto Broker Tagomi Joins Facebook-Led Libra Association

  26-02-2020 22:20
  
  The group has been plagued by high-profile departures, including PayPal, Mastercard, eBay, Stripe and many others.
  
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• Privacy Study: Brave Browser Smacks Down Chrome, Firefox & Safari

  26-02-2020 22:17 via cointelegraph.com
  
  A study conducted by a privacy expert proves that Brave browser protects your privacy better than Chrome, Firefox or Safari
  
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• Tokenized US T-Bond Fund Seeks Foothold in $17T Market

  26-02-2020 22:14
  
  The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds.
  
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• Bitcoin Bounces Off Buy Zone, Accurate Crypto Analyst Says Its Time to Hold

  26-02-2020 22:00 via newsbtc.com
  
  Following a widespread financial market selloff across many asset categories over the last week, repeatedly tested Bitcoin support finally gave way, causing an epic crash.
  The selloff caused Bitcoin price to bounce off what one analyst calls the “buy zone,” claiming its now time to hold while the cryptocurrency enters a new bull market. And given how accurate the analyst’s calls have been over the last two years of price action, it may actually finally be time to go all-in on B
  
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• SEC Rejects Latest Bitcoin ETF Bid

  26-02-2020 21:48
  
  The U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix's bid for a bitcoin-based exchange-traded fund (ETF).
  
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• Is Bitcoin a Safe Haven or ‘Schmuck Insurance’?

  26-02-2020 21:06
  
  Canada decides a CBDC is unnecessary while the Twitterati debate BTC as a safe haven and the 6-year anniversary of Gox brings reflection.
  
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• Fee Free Trading on Biteeu, a Charity Oriented Cryptocurrency Exchange - Yahoo Finance

  26-02-2020 21:00 via finance.yahoo.com
  
  Fee Free Trading on Biteeu, a Charity Oriented Cryptocurrency Exchange  Yahoo Finance
  
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• Amid Crypto Market Crash, Top Investor Calls Ignoring Bitcoin an ‘Idiotic Strategy’

  26-02-2020 21:00 via newsbtc.com
  
  Chamath Palihapitiya believes not holding Bitcoin is a foolish decision. The billionaire investor calls the decision to leave the crypto asset out of a portfolio an “idiotic strategy”.
  Like many other crypto industry observers, Palihapitiya also thinks that Warren Buffett is dead wrong about Bitcoin. The Berkshire Hathaway CEO is back in the news following another round of his Bitcoin bashing.
  Palihapitiya: Buffett’s a Great Investor, But He’s Wrong About Crypto
  The crypt
  
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• Prime Broker Tagomi Becomes 22nd Member of Facebook’s Libra Association

  26-02-2020 20:41
  
  Tagomi is joining the Libra Association.
  
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• Crypto Prime Broker Tagomi To Join Libra Association

  26-02-2020 20:37 via cointelegraph.com
  
  Crypto Prime Broker Tagomi joins Facebook’s Libra Association - expected to contribute $10 M to the development of the stablecoin
  
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• The 3 Factors Fueling Ether’s 2020 Rally

  26-02-2020 20:25
  
  Several factors could explain ether’s spectacular gains and determine whether they will continue.
  
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• Ethereum Close to Posting Long-Term Bottom as Analysts Eye Massive Upside

  26-02-2020 20:00 via newsbtc.com
  
  Ethereum (ETH) has seen some intense bearish price action over the past couple of days, which has largely stemmed from the bear-favoring market structure that Bitcoin has formed in the time following its recent “flash crash” below $10,000.
  One top trader is now noting that he believes the cryptocurrency could see some further near-term losses, with its selloff potentially slowing when it reaches its key near-term support around $220.
  Another top trader also believes that a visit to t
  
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• Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List

  26-02-2020 19:48 via cointelegraph.com
  
  Binance CEO Changpeng Zhao overtook Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List
  
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• Formula 1 Open Tokenized Crate Sale on Ethereum Blockchain

  26-02-2020 19:42 via cointelegraph.com
  
  Formula 1 blockchain game starts selling in-game item crates with ERC-721 token
  
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• February Gains Disappear as Bitcoin Drops Below $9k

  26-02-2020 19:37
  
  Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range.
  
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• Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA

  26-02-2020 19:20 via cointelegraph.com
  
  Several major cryptocurrencies have reached critical support levels, leading investors to anticipating an oversold bounce
  
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• Ransomware Hacks Cost Victims $144M in BTC Over Last 6 Years, FBI Says

  26-02-2020 19:17 via cointelegraph.com
  
  Ransomware has cornered victims into paying $144 million in Bitcoin since 2013
  
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• Coinbase Wallet Allows to Send Coins Using Usernames, ETH Domains

  26-02-2020 19:11
  
  Coinbase Wallet now allows users to send all cryptocurrency payments to other people’s usernames like @walletfan.
  
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• Bitcoin’s Chance of Seeing a Relief Rally Degrades as Midterm Outlook Grows Grim

  26-02-2020 19:00 via newsbtc.com
  
  Bitcoin (BTC) has been caught in the throes of immense bearishness over the past several days, with its overnight rally turning into a bout of capitulation after bulls failed to defend the crypto from dropping below its key support at $9,000.
  In spite of BTC’s overt bearishness, analysts were previously noting that the support it has been able to establish around $9,000 may be enough to spark a notable relief rally, which could lead the crypto back into the mid-$9,000 region.
  The technical
  
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• CoinDesk Explains SIM Jacking

  26-02-2020 18:34
  
  In the pantheon of crypto hacks, “SIM jacking” is one of the worst. We break it down for you.
  
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• Coinbase Wallet Now Allows to Send Crypto Through Usernames

  26-02-2020 18:34 via cointelegraph.com
  
  Coinbase wallet now allows for sending cryptocurrency to usernames or ENS human-readable addresses
  
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• Crypto Carnage: $100 Million in Bitcoin Longs Liquidated in Minutes

  26-02-2020 18:07 via newsbtc.com
  
  The crypto market carnage has not stopped since NewsBTC’s last market update: Bitcoin, as of the time of writing this, is trading at $8,700, having traded as low as $8,620 (on some exchanges) just minutes ago as selling overwhelmed the market.This move from around $9,000 to $8,600 in just a few minutes’ time, per data from Skew.com that was subsequently shared on online forums, liquidated $108 million worth of BitMEX longs. The Open Interest of BitMEX’s book has dropped dramati
  
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• Why Initial Exchange Offering Crypto Tokens Are Reaching All-Time Lows

  26-02-2020 18:00 via newsbtc.com
  
  During the start of last year, following the inception of the Binance Launchpad, IEO tokens, or initial exchange offering crypto tokens, became all the rage.
  They exploded onto the crypto scene with much hype, and rocketing values, and even helped each platform’s native exchange token thrive throughout the year. But after such an explosive debut, why are these altcoins reaching all-time lows?
  The Rise and Fall of the IEO Token
  In early 2019, the crypto market began to thaw out from its ext
  
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• Cryptocurrency in Focus: Ethereum Is on Fire - TheStreet

  26-02-2020 18:00 via thestreet.com
  
  Cryptocurrency in Focus: Ethereum Is on Fire  TheStreet
  
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• RippleNet to Boost Remittances Across Asia WIth New Partnerships

  26-02-2020 17:53 via cointelegraph.com
  
  A group of companies in South Korea and Philippines have joined RippleNet to bolster the remittance business
  
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• All Eyes on the Charts: Bitcoin Nears Key Levels as Price Crashes Under $8,900

  26-02-2020 17:38 via newsbtc.com
  
  Bitcoin, as put by a number of analysts, is “puking.” As of the time of writing this article, the cryptocurrency has plunged to $8,850 on most major crypto exchanges, with BTC posting a performance of -5% in the past 24 hours.
  This price action over the past 24 hours has liquidated $55 million worth of BitMEX positions, per data from Skew, shaking out the many investors who had longed BTC in the low-$9,000s, expecting a return to $10,000 and beyond.With the sell-off shows no signs of
  
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• Swiss Stock Exchange Partners with Omniex to Access Crypto Exchanges

  26-02-2020 17:32 via cointelegraph.com
  
  The partnership will provide SIX and SDX with a gateway to cryptocurrency exchanges and market makers
  
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• Software Ate the World, Here’s How It Eats Finance

  26-02-2020 17:28
  
  Real disruption in financial services means creating new plumbing for transactions, not nicer apps on top of existing rails, says CoinDesk columnist Lex Sokolin.
  
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• Could Facebook Be About to Buy a Cryptocurrency Company? - The Merkle Hash

  26-02-2020 17:16 via themerkle.com
  
  Could Facebook Be About to Buy a Cryptocurrency Company?  The Merkle Hash
  
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• Bitcoin Clings to $9K as Trader Warns 200 DMA Loss ‘Significant Issue’

  26-02-2020 17:08 via cointelegraph.com
  
  Bitcoin needs to preserve its 200-day moving average support to stay bullish
  
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• Has the Coronavirus Put an End To the Bitcoin Safe Haven Narrative?

  26-02-2020 17:00 via newsbtc.com
  
  Bitcoin price had been soaring over the last two months, reaching over 60% ROI year to date. But recent fears over the coronavirus has caused markets to tank, including the stock market and the crypto industry.
  Meanwhile, gold, the safe-haven asset investors flee to during times of economic distress has been skyrocketing. Does the divergence between gold and its digital counterpart following the coronavirus scare that put an end to the Bitcoin as a safe haven narrative?
  Coronavirus Concerns Caus
  
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• Compound Extends DeFi Ethos to Itself, Launches Governance Token

  26-02-2020 17:00
  
  DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site's governance.
  
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• DeFi Can Now Choose to Run Trustless Zero-Knowledge Proofs

  26-02-2020 16:48 via cointelegraph.com
  
  Supersonic is a trustless zero-knowledge proof system that provides a new solution for DeFi platforms
  
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• Why 2020 is an important year for cryptocurrency exchange regulation - CryptoSlate

  26-02-2020 16:30 via cryptoslate.com
  
  Why 2020 is an important year for cryptocurrency exchange regulation  CryptoSlate
  
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• JONES DAY TALKS®: Hard Forks and Airdrops: The IRS Issues Cryptocurrency Tax Guidance - JD Supra

  26-02-2020 16:23 via jdsupra.com
  
  JONES DAY TALKS®: Hard Forks and Airdrops: The IRS Issues Cryptocurrency Tax Guidance  JD Supra
  
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• Blocksize Capital's cryptocurrency market data technology to be made available on TT - Finextra

  26-02-2020 16:22 via finextra.com
  
  Blocksize Capital's cryptocurrency market data technology to be made available on TT  Finextra
  
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• South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform

  26-02-2020 16:08 via cointelegraph.com
  
  Bithumb users can now instantly move Bitcoin and Ether to Bithumb Global with zero fees
  
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• $9,000 is “Do or Die” for Bitcoin: Can Bulls Hold the Price Point?

  26-02-2020 15:34 via newsbtc.com
  
  Over the past hour or two, Bitcoin bulls have been attempting to defend $9,000: just look below, where you can see a number of wicks below that price on the 15-minute chart. Thus far, $9,000 has been defended, with every print of a price below $9,000 quickly being bought up, resulting in a series of short-term candle closes above $9,000.
  This price action comes after the leading cryptocurrency has bled out over the past few days, falling from as high as $10,000 on Sunday to $9,000 today.Accordin
  
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• Perth Mint Gold Token starts trading on cryptocurrency exchange - MINING.com

  26-02-2020 15:22 via mining.com
  
  Perth Mint Gold Token starts trading on cryptocurrency exchange  MINING.com
  
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• Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company

  26-02-2020 15:20
  
  Perth glory FC owner Tony Sage reportedly called off the deal after a due diligence trip to London last week.
  
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• Bitcoin.com Taps Crypto2Cash to Increase Liquidity

  26-02-2020 15:17
  
  The platform supports over 23 fiats.
  
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• Hong Kong’s Latest Budget is Bullish for Crypto, Says Top Fund Manager

  26-02-2020 15:10 via newsbtc.com
  
  Hong Kong’s efforts to come out of an economic slump could send the crypto market flying, according to Jeff Dorman of Arca, a New York-based investment management firm.
  The Chief Investment Officer envisioned a fruitful future for emerging crypto assets, especially the benchmark bitcoin, as he dwelled into the key provisions of Hong Kong’s latest budget. In a tweet published on Wednesday, Mr. Dorman said bitcoin will boom because of the Hong Kong government’s decision to distri
  
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• Libra Member ‘Bison Trails’ to Support PolkaDot’s Blockchain Platform

  26-02-2020 15:00
  
  "We believe in Polkadot’s potential to be truly transformative for the entire blockchain industry," said CEO Joe Lallouz.
  
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