Cryptocurrency news

• Facebook is shifting its Libra cryptocurrency plans after intense regulatory pressure - The Verge

  03-03-2020 23:54 via theverge.com
  
  Facebook is shifting its Libra cryptocurrency plans after intense regulatory pressure  The Verge
  
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• Bitcoin CME Futures Volume is Collapsing Amidst Global Market Meltdown

  03-03-2020 23:00 via newsbtc.com
  
  The global markets are currently caught within a far-reaching meltdown that has led virtually all asset classes – including Bitcoin – to shed some of their value, even with traditional safe havens like Gold seeing some downwards pressure throughout the past week.
  This intense selloff has come about as investors flee what are commonly referred to as “risk-on” investments, which encompasses equities and other assets that are especially prone to selloffs during economic turb
  
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• Steem Community Mobilizes Popular Vote in Battle With Justin Sun

  03-03-2020 22:40
  
  The Steem community is striking back after an attempted end-around by Tron founder Justin Sun.
  
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• StormX Announces Integration of StormShop For Their Mobile Users

  03-03-2020 22:34 via cointelegraph.com
  
  Seattle-based blockchain startup is now targeting providing cashback rewards to more than 2.5 million mobile users on iOS and Android
  
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• China Implements Blockchain Invoicing in Beijing For More Transparent Governance

  03-03-2020 22:22 via cointelegraph.com
  
  Beijing wants to be more transparent with its blockchain invoice implementation
  
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• As Bitcoin Remains in Bear Territory, This Crypto is About to Rocket to Fresh Highs

  03-03-2020 22:00 via newsbtc.com
  
  It has been a rocky past few weeks for the cryptocurrency markets, with Bitcoin plummeting from recent highs of $10,500 to lows of $8,400, leading most major cryptos to similarly see some intense bearishness.
  There is one crypto that has been able to rally in the face of this market-wide selling pressure, however, with Chainlink setting fresh all-time highs against its Bitcoin trading pair.
  This massive uptrend has led one top analyst to note that LINK’s strength against its BTC trading pa
  
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• DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related

  03-03-2020 21:45 via cointelegraph.com
  
  DDoS attacks on OKEx and Bitfinex might indeed be related: A closer look reveals that both of them sophisticated and large in scale
  
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• Chicago Startup Fintank Aims to Launch a Crypto Self-Regulatory Organization

  03-03-2020 21:28 via cointelegraph.com
  
  FinTank, a Chicago-based fintech organization, aims to start a national SRO to provide regulatory clarity in crypto
  
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• Bitcoin Price Falls After One-Hour Volume Spike

  03-03-2020 21:25
  
  An hour of high volume trading on Tuesday resulted in bitcoin trading lower, giving back nearly half of the previous day’s gains.
  
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• Ecuador’s Dairy Producer Joins to a Blockchain-based IBM Pilot Program

  03-03-2020 21:13 via cointelegraph.com
  
  An Ecuadorian dairy company has announced implementation of blockchain pilot technology designed by IBM to its production
  
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• Ecuador’s Dairy Producer Joins Blockchain-Based IBM Pilot Program

  03-03-2020 21:13 via cointelegraph.com
  
  An Ecuadorian dairy company has announced implementation of blockchain pilot technology designed by IBM to its production
  
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• Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs

  03-03-2020 21:04
  
  While it seems Paxos Standard (PAX)experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
  
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• Bitcoin On-Chain Analytics at Odds With Sub-$8K Bitcoin Price Forecasts

  03-03-2020 21:03 via cointelegraph.com
  
  Bitcoin’s on-chain analytics suggest that the asset’s price action is not as bearish as it seems
  
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• Super Tuesday Special: Which US Election Outcome Is Best for Bitcoin?

  03-03-2020 21:00
  
  It's Super Tuesday. As Democrats take to the polls to pick their nominee we polled Twitter to ask which candidate would be best for bitcoin and the industry.
  
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• Gold’s Vertical Rally Shows Investors Don’t Really Trust Today’s Stock Market Upsurge

  03-03-2020 21:00 via newsbtc.com
  
  After a recent correction from its strong upwards trend in 2020, gold is once again moving higher. Following a significant market crash of its own, the S&P 500 has also started March with its own almost 5 percent rally.
  Despite the S&P 500’s gains, gold’s current rally seems stronger. The price action suggests that investors remain wary of the sudden bounce back after stocks cratered so hard recently.
  Stocks Move Up, Gold Goes Parabolic
  Amongst global uncertainty surrounding
  
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• New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions

  03-03-2020 20:10
  
  STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.
  
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• Bitcoin Must Live Up To Potential Or Risk Becoming Luxury Good: Analyst

  03-03-2020 20:00 via newsbtc.com
  
  Bitcoin is at a critical inflection point, not just in its current trend or price action, but of its entire existence. With a recession potentially around the corner, Bitcoin is about to face its most challenging environment yet, and will either live up to its full potential or fade into obscurity as a non-essential luxury good.
  Bitcoin and Its Incredible Potential To Disrupt the Current Monetary System
  Bitcoin was created in 2008, during the peak of the Great Recession.
  It was designed to be de
  
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• Rapper Dismissed of Securities Fraud Charges for FLiK ICO

  03-03-2020 19:43 via cointelegraph.com
  
  25 plaintiffs sued the rapper in November 2018, accusing T.I. and his business partner of orchestrating a pump and dump that cost them $2 million dollars
  
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• BBB: Cryptocurrency second riskiest scam - Times Record News

  03-03-2020 19:34 via timesrecordnews.com
  BBB: Cryptocurrency second riskiest scam  Times Record News
  
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• Blockchain & Cryptocurrency Regulations in US & Abroad - Business Insider Nordic

  03-03-2020 18:21 via businessinsider.com
  
  Blockchain & Cryptocurrency Regulations in US & Abroad  Business Insider Nordic
  
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• Walmart Joins Hyperledger Alongside 7 Other Companies

  03-03-2020 18:17 via cointelegraph.com
  
  Four years after Walmart first used Hyperledger in a pilot Chinese pork product, the retailer has joined Hyperledger’s consortium
  
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• One-Man DeFi Developer Quits Citing ‘Hostile Community’

  03-03-2020 18:09 via cointelegraph.com
  
  The DeFi developer has abandoned ship within six weeks of launching iEarn
  
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• Gold and Bitcoin Have Been Rising and Falling In Tandem: Here’s Why

  03-03-2020 18:00 via newsbtc.com
  
  Gold has been used for centuries as a safe haven asset, a currency, and a means of exchange or trade. Bitcoin is just over ten years old but is a new age, digital version of gold offering many of the same attributes, and even some additional benefits above and beyond the precious metal.
  The two assets have been rising and falling in tandem over the last year, but why exactly, and what exactly does this mean for the first-ever cryptocurrency and its future as a replacement for gold?
  Bitcoin and G
  
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• Bitcoin News Roundup for March 3, 2020

  03-03-2020 18:00
  
  For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. Today’s news: The Post-Trust Election: CoinDesk Hits the 2020 Campaign Trail Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration Bottom In? Bitcoin Makes 4.5% Gain as Sellers Lose Steam For […]
  
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• Major Crypto Exchanges Lament Outsized Scrutiny From US IRS

  03-03-2020 17:46 via cointelegraph.com
  
  Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development
  
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• Bitcoin Drops 2% Following Fed’s First Emergency Rate Cut Since 2008

  03-03-2020 17:33
  
  Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.
  
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• This Investor Laid Out a Highly Bullish Case For Bitcoin Last Week, But Things Have Changed

  03-03-2020 17:07 via newsbtc.com
  
  Bitcoin has been falling to its lowest levels since the 2020 rally first began. But the crypto asset had been showing some positive signs that the pullback was coming to an end.
  However, the analyst that had laid out a highly bullish case for Bitcoin with numerous factors fueling the next rise, has ditched his long positions following the latest developments surrounding the coronavirus and the global response to the rapid growth of the pandemic.
  Investor Dumps Losing Bitcoin Position After Bulli
  
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• NBA Player Spencer Dinwiddie Taps Broker-Dealer in Push to Tokenize Sports Contracts

  03-03-2020 17:02
  
  The move follows a three month tussle with the NBA who initially claimed it represented a league violation.
  
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• New Insurer Relm Offers Cover for Cryptocurrency, Cannabis Businesses - Insurance Journal

  03-03-2020 16:57 via insurancejournal.com
  
  New Insurer Relm Offers Cover for Cryptocurrency, Cannabis Businesses  Insurance Journal
  
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• Fed’s Surprise Rate Cut Led Bitcoin to Surge, and It Crashed Minutes Later

  03-03-2020 16:54 via newsbtc.com
  
  It has been a turbulent past few weeks for virtually every major market across the globe, with Coronavirus fears sparking an intense selloff that sent the Dow Jones, Gold, and Bitcoin all reeling lower in tandem.
  This correlation has shown no signs of slowing down, as the Fed just announced a 50-basis point rate cut that instantly led the US equities market and Bitcoin to surge.
  Shortly after this surge, however, these markets surrendered these gains, with Bitcoin plummeting back down to $8,700.
  
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• Bitcoin Price Spikes on Fed Rate Cut But Hits $8.9K Sell-Wall

  03-03-2020 16:52 via cointelegraph.com
  
  #Bitcoin price and markets jump on Fed rate cut response to #coronavirus but $BTC remains indecisive
  
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• Elon Musk Voices Support for Dogecoin After Recent Bitcoin Bashing

  03-03-2020 16:44 via cointelegraph.com
  
  Shortly after admitting that Bitcoin is not his safe word, SpaceX and Tesla CEO Elon Musk says that Dogecoin is the best crypto
  
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• Stock Market, Bitcoin, and Gold: Everything Is Collapsing Together

  03-03-2020 16:21 via newsbtc.com
  
  The stock market just had its worst one-week correction since the global economic recession, with Bitcoin and gold falling in tandem.
  Is the fact that these once uncorrelated assets are suddenly all collapsing together in unison a signal that a greater global economic meltdown is on the horizon?
  As the Stock Market Crashes, Bitcoin and Gold Follow
  Global markets are experiencing the biggest shakeup in over a decade on the heels of the coronavirus possibly reaching potential pandemic status.
  The
  
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• From Taxes to Transparency: The IRS Gets Schooled on Crypto

  03-03-2020 16:11 via cointelegraph.com
  
  A panel of experts spoke before the U.S. IRS on recent changes in crypto technology that are shaking up the world of taxation.
  
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• Stellar-Based IoT App Nodle Joins Tokenized Connectivity Race

  03-03-2020 16:04
  
  An app that allows users to earn a Stellar-based token by providing last-mile access for internet-of-things (IoT) devices is now live on Apple’s App Store.
  
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• Stellar-Based IoT App Joins Tokenized Connectivity Race

  03-03-2020 16:04
  
  An app that allows users to earn a Stellar-based token by providing last-mile access for internet-of-things (IoT) devices is now live on Apple’s App Store.
  
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• Top Trader: S&P 500 Recovery Not a Dip to Buy, Is Bitcoin Also on Shaky Ground?

  03-03-2020 15:33 via newsbtc.com
  
  The S&P 500 Index on Monday recovered from its worst week since the 2008 financial crisis, lifted by hopes that the central bank would introduce stimulus programs to offset the economical slowdown caused by the growing Coronavirus pandemic. But the intraday recovery alone cannot guarantee a full-fledged bull run, according to a top market analyst.
  Anonymous Twitterati DonAlt on Tuesday warned traders/investors about not buying dips in the S&P 500, believing the index could suffer more lo
  
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• Germany Officially Classifies Bitcoin (BTC) and Cryptocurrency As Financial Instruments - The Daily Hodl

  03-03-2020 15:26 via dailyhodl.com
  
  Germany Officially Classifies Bitcoin (BTC) and Cryptocurrency As Financial Instruments  The Daily Hodl
  
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• Strong Simultaneous Bitcoin and Stocks Rally Sparks Correlation Narrative

  03-03-2020 15:08 via newsbtc.com
  
  Following the week that both Bitcoin and traditional investors would like to forget, a semblance of normality has returned to stocks. Today, Bitcoin appears to have halted the slide of the past seven days and is looking to retest the $9,000 level.
  Bitcoin daily chart with 50-day & 200-day MA. (Source: tradingview.com)
  But the ongoing threat posed by the coronavirus looks to be accelerating in countries outside of China. CNN reported six new deaths in Washington state, along with a surge in d
  
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• Blockchain to Bring Transparency to Uranium Markets

  03-03-2020 15:06 via cointelegraph.com
  
  Major uranium producer Uranium One and DLT startup Insolar have teamed up to explore blockchain’s capabilities in uranium and energy trading.
  
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• DeFi Leader MarkerDAO Partners With Simplex to Create a Dai Fiat On-Ramp

  03-03-2020 15:04 via cointelegraph.com
  
  MakerDAO, a major player in the DeFi space, has partnered with payment processor Simplex to facilitate card purchases of its decentralized stablecoin Dai
  
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• DeFi Leader MakerDAO Partners With Simplex to Create a Dai Fiat On-Ramp

  03-03-2020 15:04 via cointelegraph.com
  
  MakerDAO, a major player in the DeFi space, has partnered with payment processor Simplex to facilitate card purchases of its decentralized stablecoin Dai
  
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• Algorand Blockchain Chosen as Underlying Tech for Marshall Islands’ Digital Currency

  03-03-2020 15:03
  
  Algorand was selected following "extensive market research among the leading protocol options."
  
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• There Are Now Over 7,000 Cryptocurrency ATMs Worldwide - Cointelegraph

  03-03-2020 14:58 via cointelegraph.com
  
  There Are Now Over 7,000 Cryptocurrency ATMs Worldwide  Cointelegraph
  
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• There Are Now Over 7,000 Cryptocurrency ATMs Worldwide

  03-03-2020 14:29 via cointelegraph.com
  
  The world now has over 7,000 cryptocurrency ATM machines, spanning 75 countries
  
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• Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage

  03-03-2020 14:21 via cointelegraph.com
  
  Some disgruntled traders want to file a class action suit against Robinhood for purported trading losses during a day-long system outage
  
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• Stock and Crypto Trading App Robinhood Faces Major System Outage

  03-03-2020 14:21 via cointelegraph.com
  
  Popular zero-fee crypto trading app Robinhood is still experiencing downtime after temporarily restoring the service
  
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• Bitcoin Has ‘Solidified Role’ as Investors’ Digital Gold — Grayscale

  03-03-2020 14:16 via cointelegraph.com
  
  Institutions now increasingly view Bitcoin as a “flight to safety,” Grayscale’s managing director says
  
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• Ukraine Sees Crypto as an Intangible Asset

  03-03-2020 14:14
  
  The classification is based on the FATF guidelines on the industry.
  
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• Ukraine Sees Crypto as a Intangible Asset

  03-03-2020 14:14
  
  The classification is based on the FATF guidelines on the industry.
  
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