Cryptocurrency news

• Bitcoin Price Holds $8.5K Support as Coronavirus Fears Tank Global Markets

  27-02-2020 23:37 via cointelegraph.com
  
  Bitcoin price managed to claw back some losses, defining $8.5K as support as bulls fight to retake the 200-DMA at $8.8K
  
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• Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear

  27-02-2020 23:28
  
  The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds.
  
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• Revolut Will Make Crypto Available in 50 States

  27-02-2020 23:01 via cointelegraph.com
  
  Revolut, $5.5 Billion UK behemoth, brings crypto to the customers in all 50 states
  
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• Major New Partnership Set to Spur Litecoin Adoption

  27-02-2020 23:00 via newsbtc.com
  
  Litecoin will be coming thousands of regular cash machines in South Korea. The Litecoin Foundation has just partnered with MeconCash, allowing ATM users to convert LTC to fiat at real world locations.
  The partnership may serve to drive adoption of a crypto asset for which staying relevant seems a particular struggle.
  New Partnership Enables LTC to Fiat Withdrawals at 13,000 ATMs
  According to a recent press release, the Litecoin Foundation has just partnered with MeconCash, a South-Korean blockch
  
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• Blockchain Technology Partners Unveil Smart Contracts on Amazon AWS

  27-02-2020 22:48 via cointelegraph.com
  
  Amazon’s Quantum Ledger Database now hosts smart contracts, thanks to Blockchain Technology Partners’ work with DAML
  
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• Chinese Communist Party Exec Wants State Monopoly on Digital Currency

  27-02-2020 22:13 via cointelegraph.com
  
  China Former Vice President of CIRC of the Party openly talks the strategic plan of CBDC and its ICO and crypto bans
  
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• Bitcoin is “Right Where It’s Supposed to Be” as Investors Grow Fearful

  27-02-2020 22:00 via newsbtc.com
  
  Bitcoin (BTC) has found some stability in the time followings its capitulatory selloff seen over the past few days, with bulls stepping up and ardently defending against a drop below $8,800 – which appears to have become a near-term support level for the cryptocurrency.
  Analysts are now noting that the ongoing pullback has led BTC’s price right to where it is “supposed to be,” with it still maintaining above a key growth curve that has been guiding its decade long uptrend
  
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• VeChain (VET) Billion Dollars Partners Believe in the Cryptocurrency - The Cryptocurrency Analytics

  27-02-2020 21:46 via thecurrencyanalytics.com
  
  VeChain (VET) Billion Dollars Partners Believe in the Cryptocurrency  The Cryptocurrency Analytics
  
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• Steven Seagal Settles Charges of Unlawfully Promoting Cryptocurrency - The New York Times

  27-02-2020 21:32 via nytimes.com
  
  Steven Seagal Settles Charges of Unlawfully Promoting Cryptocurrency  The New York Times
  
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• CFTC Holds A Meeting to Learn All About Stablecoins

  27-02-2020 21:26 via cointelegraph.com
  
  The CFTC invites three stablecoin projects to teach what stablecoins and crypto are all about
  
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• Ether Futures Volume on FTX Hit Record Highs

  27-02-2020 21:15
  Hong Kong-based crypto derivatives exchange FTX saw record volumes in ether futures on Wednesday amid sell-off in cryptocurrency’s price.
  
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• This Simple Change Could Prompt Huge New Bitcoin Buying Mania

  27-02-2020 21:00 via newsbtc.com
  
  Over the years, many crypto industry observers have pointed to the same potential problem with Bitcoin. It’s nothing to do with transactions per section, anonymous value transfers, or miner centralisation either.
  No, a much easier problem to address relates to the way exchanges list Bitcoin. Some crypto asset proponents believe that the seemingly high price of a single Bitcoin is putting investors off.
  Would a Notional Bitcoin Price Drop Spur Greater Investment?
  Although few will admit it,
  
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• A 101 Guide to Ethereum’s ProgPOW Controversy

  27-02-2020 21:00
  
  Why the ProgPoW debate is really about process, power, and the threat contentious hard forks pose to DeFi.
  
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• Roger Ver: Prison Made Me a Bitcoin Believer

  27-02-2020 20:51 via cointelegraph.com
  
  Roger Ver bears it all in Cointelegraph exclusive - how his prison experience made him a Bitcoin believer and why BCH will appreciate 1,000 times
  
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• Roger Ver: Prison Made a Bitcoin Believer

  27-02-2020 20:51 via cointelegraph.com
  
  Roger Ver bears it all in Cointelegraph exclusive - how his prison experience made him a Bitcoin believer and why BCH will appreciate 1,000 times
  
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• Draper-Backed Exchange in Lockdown Following ‘Sophisticated’ Attack

  27-02-2020 20:05
  
  Coinhako has restricted user accounts since last Friday following an "attack," but has not released many details around the incident.
  
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• There’s a “High Probability” Ethereum has Bottomed, Opening the Gates for New Highs

  27-02-2020 20:00 via newsbtc.com
  
  Ethereum (ETH) and the aggregated crypto market is in the process of bouncing following yesterday’s intense selloff, with the current price action being emblematic of a relief rally that could ultimately be a bullish sign, if bulls are able to maintain the momentum.
  This relief rally has led Bitcoin to surge towards $9,000, while Ethereum and other major altcoins post gains of 5% or more.
  One top trader is now noting that he believes that ETH has posted a long-term bottom, and that it coul
  
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• Shark Tank's Robert Herjavec Says Bitcoin’s Price Will ‘Quantuple’ Long-Term

  27-02-2020 19:48 via cointelegraph.com
  
  Shark Tank’s Robert Herjavec said he sees Bitcoin rising significantly in price over the long term
  
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• Fake Horses, Real Bets: Unikrn Is Putting Racetrack NFTs on Ethereum

  27-02-2020 19:02
  The Unikrn esports platform is partnering with ZED RUN to bring horse betting to the ethereum blockchain.
  
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• Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020

  27-02-2020 18:22 via cointelegraph.com
  
  Tom Lee lists the 2020 U.S. elections and four other reasons for why the Bitcoin will rally in 2020
  
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• The DeFi ‘Flash Loan’ Attack That Changed Everything

  27-02-2020 18:22
  
  Flash loan attacks are here stay and are likely to get more serious. DeFI needs to adapt, says a leading crypto VC.
  
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• Dusk Network Plans to Tokenize Equity for Thousands of Dutch Companies

  27-02-2020 18:04
  
  Dusk Network has partnered with Firm24, one of the Benelux region's largest shareholder registries, for the tokenization initiative.
  
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• Pre-Halving Rally: Bitcoin Just Bounced From Stock-to-Flow Baseline

  27-02-2020 18:00 via newsbtc.com
  
  Since the start of 2020, talk of the upcoming Bitcoin halving has caused the first-ever cryptocurrency and the rest of the crypto market to skyrocket out of control.It’s only this past week where a pullback occurred, caused by coronavirus-related market-wide panic. But despite the selloff, Bitcoin remains bullish, bouncing off the stock-to-flow baseline that suggests the asset’s value will rise exponentially after the halving this May.
  Bitcoin’s Halving Is on the Horizon
  There
  
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• Bitcoin News Roundup for Feb. 27, 2020

  27-02-2020 18:00
  
  With the price of bitcoin falling sharply, Markets Daily is back with another time-saving news roundup.
  
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• South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System

  27-02-2020 17:35 via cointelegraph.com
  
  South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung
  
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• Is Malta the centre of the cryptocurrency business market? - MaltaToday

  27-02-2020 17:30 via maltatoday.com.mt
  
  Is Malta the centre of the cryptocurrency business market?  MaltaToday
  
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• Altcoin Market Trading Volume Reaches New Crypto All-Time High

  27-02-2020 17:00 via newsbtc.com
  
  Earlier at the start of the year, the altcoin market broke through downtrend resistance spanning two years of crypto winter. The breakout caused an explosive rally that caused many crypto assets to double in value in just two months’ time.However, trading volume has only increased during the recent selloff, reaching a new all-time high in total daily trading value. What’s this say about the altcoin market and what’s to come in the future?
  Altcoin Market Sets New One-Day Record
  
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• Steemit Managing Director on Partnership With Tron — Exclusive

  27-02-2020 16:57 via cointelegraph.com
  
  Steemit’s managing director says Tron will help grow the platform and that the soft fork was a quick reaction to the changes
  
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• Steemit Managing Director on Acquisition by Tron — Exclusive

  27-02-2020 16:57 via cointelegraph.com
  
  Steemit’s managing director says Tron will help grow the platform and that the soft fork was a quick reaction to the changes
  
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• 2 Key Reasons Why Bitcoin Could Soon Crash 30% to Fall Under $6,000

  27-02-2020 16:57 via newsbtc.com
  
  Since topping at $10,500 two weeks ago, Bitcoin hasn’t fared well. The price of the leading cryptocurrency has fallen off a proverbial cliff, falling as low as $8,520 in the past 24 hours on the back of millions in liquidations, marking a drop of 19% since the aforementioned top.
  With this move, Bitcoin has found itself forming a downtrend. Although there are some sure that a bounce is imminent, citing the asset’s ability to bounce off crucial technical support at the 200-day exponen
  
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• Courts Will Seize BTC With Miners' Help: Self-Proclaimed Satoshi Craig Wright

  27-02-2020 16:45 via cointelegraph.com
  
  Bitcoin can and will be seized to accommodate court orders, according to self-proclaimed Bitcoin creator Craig Wright
  
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• Are Miners Prepared for the Halving of Bitcoin?

  27-02-2020 16:28 via cointelegraph.com
  
  Bitcoin mining requires careful planning to avoid risks and profit losses
  
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• Startup Tokenizes $2.2B in Commercial Real Estate Through Polymath

  27-02-2020 16:25
  
  Currently, the tokens are only available in pre-sale. Red Swan is holding investors’ funds in escrow and plans to distribute shares in April.
  
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• Steven Seagal Charged by SEC for Promoting 2018 ICO

  27-02-2020 16:23 via cointelegraph.com
  
  Steven Seagal was charged by the SEC for promoting Bitcoiin2Gen, a 2018 ICO
  
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• Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing

  27-02-2020 16:01 via cointelegraph.com
  
  Binance has partnered with the Shyft Network as the exchange prepares with new compliance standards from the FATF
  
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• Binance Throws Weight Behind Shyft Network in ‘Travel Rule’ Standards Race

  27-02-2020 16:00
  
  Binance, the world’s largest crypto exchange group, has chosen the Shyft Network to help address a looming regulatory requirement.
  
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• Steven Segal Settles Token-Touting Charges With SEC Over 2018 ICO

  27-02-2020 15:51
  
  The martial artist and actor was charged for not declaring payments related to his promotion a token launched by Bitcoiin2Gen.
  
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• Steven Seagal Settles Token-Touting Charges With SEC Over 2018 ICO

  27-02-2020 15:51
  
  Martial artist and actor Steven Seagal was charged with not declaring payments related to his promotion of a token launched by Bitcoiin2Gen.
  
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• Bitcoin Tests $8.8K as Coronavirus Makes Stocks ‘Bargain Basement’

  27-02-2020 15:35 via cointelegraph.com
  
  Bitcoin needs to keep its 200-day moving average in this week’s “bargain basement” market
  
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• Did you use cryptocurrency last year? IRS wants to know either way. - KOMO News

  27-02-2020 15:30 via komonews.com
  Did you use cryptocurrency last year? IRS wants to know either way.  KOMO News
  
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• Holding XRP Turns Riskier as Ripple Fails to Escape Class-Action Lawsuit

  27-02-2020 15:25 via newsbtc.com
  
  A technical correction lately drove the XRP price lower by circa 36 percent. And there is a strong likelihood that it will fall further.
  That is according to Ripple Labs, a San Francisco-based blockchain payment firm, that holds about 60 percent of total XRP supply. The company uttered the bearish scenario about the cryptocurrency as it failed to convince a judge into rejecting a class-action lawsuit against them.
  U.S. District Judge Phyllis Hamilton said in a court ruling Wednesday that plainti
  
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• Ethereum Pullback Was So Dire Investors Traded $38M of Dai

  27-02-2020 15:12 via newsbtc.com
  
  In the last 24-hours, $38 million of Dai were traded for Ethereum on decentralized exchanges and Coinbase. Moreover, a massive spike in Dai trading volume confirmed this pattern, suggesting that investors are bracing for further drops.A whopping ~$38M of $Dai traded for $ETH in the past 24hrs (v slightly above peg). Mostly on @dydxprotocol and Oasis pic.twitter.com/UlYYatsuMy
  — Vishesh(@visavishesh) February 27, 2020MakerDao Dominates DeFi Network
  Decentralized finance has been making big
  
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• Stellar Invests in Security Token Platform Targeting Developing Markets

  27-02-2020 15:07
  
  The investment will help DSTOQ fund new technology and expansion into local markets.
  
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• Fcoin to Resume Operations with Compensation Promises

  27-02-2020 14:35
  
  Whether the exchange can run successfully is still under question.
  
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• Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19

  27-02-2020 14:30 via cointelegraph.com
  
  As the Bitcoin halving looms, Bitmain releases a new Antminer that will generate 95 terahash per second
  
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• IT Exec at Kyiv Prosecutor’s Office Illegally Mined Crypto on Office Systems

  27-02-2020 13:49 via cointelegraph.com
  
  An IT expert at a Ukrainian prosecutor’s office used the office’s systems to illegally mine cryptocurrency and provide placement to third parties
  
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• World’s Top Crypto Miners Race to Roll Out Top-of-Line Machines Ahead of Bitcoin Halving

  27-02-2020 13:47
  
  Bitcoin miner manufacturers Bitmain and MicroBT are racing to bring top-of-the-line machines to market ahead of bitcoin's halving event.
  
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• Sweden Could be the Next Major Cryptocurrency Market - Coin Idol

  27-02-2020 13:32 via coinidol.com
  
  Sweden Could be the Next Major Cryptocurrency Market  Coin Idol
  
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• Cryptocurrency Cloud Mining: Basic Principles & Advantages - Coingape

  27-02-2020 13:31 via coingape.com
  
  Cryptocurrency Cloud Mining: Basic Principles & Advantages  Coingape
  
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• Crypto.com and Travala.com Partner to Drive Cryptocurrency Mass Adoption - Yahoo Finance

  27-02-2020 13:12 via finance.yahoo.com
  
  Crypto.com and Travala.com Partner to Drive Cryptocurrency Mass Adoption  Yahoo Finance
  
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