Cryptocurrency news

• In a Few Hours, a Crucial Bitcoin Candle Will Close: What To Watch For

  31-03-2020 23:40 via newsbtc.com
  
  In just over 120 minutes as of the time of this article’s publishing, Bitcoin’s one-month and three-month candles will close. A number of analysts have remarked that the upcoming close will be crucial for the crypto market’s directionality moving forward.
  Related Reading: This Key Metric Suggests the Crypto Market’s Downturn Will Be Shortlived
  Levels to Watch For
  According to analyst Crypto Birb, Bitcoin closing above $6,425 when the monthly candle closes in the very near
  
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• Binance Futures Hosts Trading Competition With Prize Pool Worth $1M

  31-03-2020 23:27 via cointelegraph.com
  
  Cryptocurrency exchange will host a contest that offers a total prize pool in BNB tokens to their participants
  
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• The cryptocurrency space is a 'no-man's land' right now, says CMS Holdings partner Bobby Cho - The Block Crypto

  31-03-2020 23:16 via theblockcrypto.com
  
  The cryptocurrency space is a 'no-man's land' right now, says CMS Holdings partner Bobby Cho  The Block Crypto
  
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• Bitcoin Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

  31-03-2020 23:13
  
  Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities.
  
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• April Fools Sees Toilet Paper Token in Short Supply on CoinMarketCap

  31-03-2020 23:13 via cointelegraph.com
  
  Toilet Paper Token (TPT) leads CoinMarketCap charts at a price of $1.64, up over 1,000% on the past 24 hours
  
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• Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals

  31-03-2020 23:10
  
  The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from analytics firm Skew.
  
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• Survey Reveals 87% of IT Professionals Are Concerned With Cryptojacking

  31-03-2020 22:59 via cointelegraph.com
  
  Acronis highlights the growing concerns among IT professionals regarding cryptojacking and ransomware threats
  
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• ConsenSys-Associated Agritech Project Covantis Officially Established

  31-03-2020 22:36 via cointelegraph.com
  
  Covantis, a blockchain agribusiness project backed by ConsenSys, sets up shop in Geneva and appoints CEO
  
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• Binance Says Leveraged FTX Removal Comes After Confused Users Hodled Tokens

  31-03-2020 22:19 via cointelegraph.com
  
  Binance removed its FTX leveraged token products after confused users held them instead of trading them
  
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• Data Shows Ethereum is Gearing Up for an Explosive Downside Movement

  31-03-2020 22:00 via newsbtc.com
  
  Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which has led ETH to once again enter a bout of sideways trading within the mid-$130 region.
  Despite being able to post a strong rebound from its recent lows, it is important to note that analysts are widely anticipating ETH to see an intense downwards movement in the near-term.
  This also comes in tandem with some slight growth in the cryptocurrency’s open interest on BitMEX, which m
  
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• French Soccer Star Claims Crypto Scam Impersonated Him

  31-03-2020 21:51 via cointelegraph.com
  
  Soccer star Kylian Mbappé claims to have been impersonated by a cryptocurrency scam network in France
  
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• Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments

  31-03-2020 21:50
  
  With paywall systems for a whole bevy of assets, crypto payments could revolutionize the media industry – if demand actually matched supply.
  
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• Crypto-Powered Internet Helps Work From Home During Coronavirus

  31-03-2020 21:16
  
  Althea brings the internet to under-served places, offering households crypto to be part of a mesh system.
  
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• Crypto-Powered Internet Helps Rural Residents Work From Home During Coronavirus

  31-03-2020 21:16
  
  Althea brings the internet to under-served places, offering households crypto to be part of a mesh system.
  
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• Unofficial Iranian Telegram Applications Leak Data of 42M Users

  31-03-2020 21:08 via cointelegraph.com
  
  Data of 42 million Iranians using unofficial Telegram messengers got publicly exposed online
  
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• Ripple Poised to Triple By Q4 2020 After XRP Forms Classic Bottom

  31-03-2020 21:00 via newsbtc.com
  
  XRP, the cryptocurrency asset often referred to as Ripple, has been among the worst-performing crypto assets and altcoins of the last two years.
  However, according to one crypto analyst who has spotted what they believe is a classical bottom signature on XRP price charts, expects the asset’s woes to soon change and potentially triple in value before the end of the year.
  XRP’s Recent Panic-Fueled Rollercoaster Ride
  XRP has gained a negative reputation across the cryptocurrency communi
  
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• Nic Carter: ‘If You’re Not Radicalized, You’re Not Paying Attention’

  31-03-2020 21:00
  
  Castle Island Ventures and Coin Metrics co-founder joins to discuss cascading crises, crypto dollarization and the state of the bitcoin narrative.
  
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• PayPal Is Hiring a Blockchain Strategy Director

  31-03-2020 20:58 via cointelegraph.com
  
  A blockchain-related job position is now available at the digital payment giant’s AML division
  
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• Today’s N95 Facemask Market Is Crazy, But It Helps Us Understand Crypto

  31-03-2020 20:54 via cointelegraph.com
  
  In the midst of fear, hype, demand and supply drivers, the current N95 face mask market looks like the Wild West of crypto
  
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• Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices

  31-03-2020 20:25
  
  To those who believe in a digital future in which decentralization makes systems more resilient, the coronavirus crisis has expedited the inevitable.
  
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• IoT App Nodle Moves From Stellar Blockchain to Polkadot

  31-03-2020 20:00
  
  IoT platform Nodle announced it is switching from the Stellar blockchain to a custom build on Parity Technologies’ Substrate network.
  
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• Bitcoin Bulls are Being “Put to the Test” as Bears Begin Stacking Sell Orders

  31-03-2020 20:00 via newsbtc.com
  
  Yesterday’s Bitcoin rally has led the cryptocurrency into the mid-$6,000 region, with the mounting resistance at $6,500 proving to be too much for BTC’s bulls to surmount. This has led to yet another bout of consolidation around this level.
  One analyst is noting that Bitcoin’s bulls are currently being “put to the test” after losing a key technical level that was previously bolstering its price action.
  If bulls want to further extend their newfound momentum and prop
  
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• Brazilian Crypto Exchange XDEX Announces Full Closure

  31-03-2020 19:48 via cointelegraph.com
  
  Bitcoin platform XDEX announces closure, follows other 4 Brazilian companies that have ending their activities earlier this year
  
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• Lowest Exchange BTC Balances Since 2019 — Calm Waters Ahead?

  31-03-2020 19:41 via cointelegraph.com
  
  Bitcoin balances of the major exchanges are at its lowest point since 2019, possibly indicating calm waters ahead
  
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• New Lightning Network Authentication Method Could Replace Website Accounts

  31-03-2020 19:36 via cointelegraph.com
  
  The new lightning implementation acts as an authentication protocol for paid services
  
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• CZ Talks Bitcoin Price After Halving, Coronavirus and Binance Decentralization

  31-03-2020 19:26 via cointelegraph.com
  
  CZ talks BTC price after halving: “The speed of new supply will decrease, and demand is increasing. So, I think the logic is quite simple”
  
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• Coinbase Migrates Tezos Bakery From US to Ireland With 60 Seconds of Downtime

  31-03-2020 19:22 via cointelegraph.com
  
  Coinbase’s XTZ baking migration responded to the regulatory needs of a Tezos ETP provider
  
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• Ex-State Street Blockchain Team Drops DLT From New Data-Privacy Startup

  31-03-2020 19:10
  
  Data privacy startup Manetu goes live early next month with $3.5 million in backing from Castle Island Ventures and others.
  
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• View From Manila: Life During Coronavirus

  31-03-2020 19:03
  
  Leah Callon Butler works out where to stash her cash and tries to tell fact from fiction amid the shutdown in the Philippines.
  
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• Letter from the Philippines: Life During Coronavirus

  31-03-2020 19:03
  
  Leah Callon Butler works out where to stash her cash and tries to tell fact from fiction amid the coronavirus shutdown in the Philippines.
  
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• Head and Shoulders On Cryptocurrency Market Cap Foretells Retest of Lows

  31-03-2020 19:00 via newsbtc.com
  
  The total cryptocurrency market cap can oftentimes provide clues as to where Bitcoin and altcoins could be headed in the short-term.
  The latest price action is exhibiting a pattern that looks structurally similar to a head and shoulders, which if valid and confirmed would suggest Bitcoin and the rest of the crypto market will make another retest of lows.
  Cryptocurrency Market Chart Forms Head and Shoulders Reversal
  The coronavirus hasn’t just killed thousands, frozen humanity, and devastat
  
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• Halving Battles Coronavirus as Bitcoin Enters Its Provably Bullish Quarter

  31-03-2020 18:42 via newsbtc.com
  
  Bitcoin is set to close its one of the most roller-coaster fiscal quarters in a negative area. But the cryptocurrency’s biggest test now lies in the 2020’s second quarter as it arrives in the middle of two very distinctive market catalysts: Halving and Coronavirus.
  Halving is bullish, at least according to a plethora of bitcoin maximalists and analysts that see the May 2020 event as an upside price driver for the cryptocurrency. They believe that bitcoin’s daily supply cut from
  
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• Russia’s Legislative Ban On Cryptocurrency Delayed Because Of The Coronavirus - CryptoPotato

  31-03-2020 18:31 via cryptopotato.com
  
  Russia’s Legislative Ban On Cryptocurrency Delayed Because Of The Coronavirus  CryptoPotato
  
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• Libra Rival Celo Announces $700,000 in Grant Funding for 13 Startups

  31-03-2020 18:19 via cointelegraph.com
  
  Celo has awarded $700,000 in grants to 13 companies seeking to build on top of or develop the platform or foster the Celo community
  
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• Europe’s Vision On Central Bank Digital Currency Offers Cautionary Lessons For Cryptocurrency - Forbes

  31-03-2020 18:16 via forbes.com
  
  Europe’s Vision On Central Bank Digital Currency Offers Cautionary Lessons For Cryptocurrency  Forbes
  
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• Bitcoin News Roundup for March 31, 2020

  31-03-2020 18:06
  
  A popular Ethereum game is dropping crypto while France explores digital banks. It's CoinDesk's Markets Daily.
  
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• Neutral Bitcoin Price Action Flips Bullish With Break of This Key Level

  31-03-2020 18:00 via newsbtc.com
  After Bitcoin price fell from $10,000 to under $4,000 in one short month, the ultra bearish, panic-induced price action has finally settled into a neutral state.
  However, if bulls can break above this key level and hold it as support, the price action will flip bullish and likely go on to target $7,800.
  Neutral Price Action Ready to Flip Bullish With Break Above $6,600
  Bearish Bitcoin traders have been having a field day after the leading cryptocurrency by market cap failed to produce a signific
  
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• Credits Blockchain Startup Announces New Company Development Directions

  31-03-2020 17:40 via newsbtc.com
  
  The Credits project, a worldwide company engaged in the development of solutions based on blockchain technologies, has recently announced the release of a new line of products. The new developments will be released over the course of 2020 and will help in popularizing blockchain technologies.
  The decentralized, distributed ledger capabilities of blockchain technologies are increasingly gaining popularity across the world in a variety of industries. However, multiple economy sectors that can take
  
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• Bitcoin Hash Rate Drop: Miners, the Halving and Coronavirus Suspected

  31-03-2020 17:35 via cointelegraph.com
  
  The upcoming Bitcoin halving, miners’ capitulation and the coronavirus pandemic have all simultaneously affected the network’s hash rate. How long can it last, and what should we expect?
  
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• Bitbuy gets Canadians into cryptocurrency - ITBusiness.ca

  31-03-2020 17:31 via itbusiness.ca
  
  Bitbuy gets Canadians into cryptocurrency  ITBusiness.ca
  
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• Russia Postpones Its Crypto Law Again, Now Blaming Coronavirus

  31-03-2020 16:51 via cointelegraph.com
  
  After facing multiple delays, Russia’s lawmakers again postpone pending major cryptocurrency law, now due to the coronavirus
  
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• ‘Prime Brokerage’ for Crypto: Apifiny Launches Institutional Platform to Connect Exchange Liquidity

  31-03-2020 16:40 via cointelegraph.com
  
  GlobalX connects global crypto exchanges for institutional investors. Is this a crypto broker?
  
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• Ex-Royal Mint Team’s Crypto Insurance Now Provides $1M Cover for All Civic Wallets

  31-03-2020 16:37
  
  Coincover is now providing automatic insurance cover on all new signups for Civic's wallet.
  
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• Ex-Royal Mint Team Now Provides $1M Insurance Cover for All Civic Crypto Wallets

  31-03-2020 16:37
  
  Coincover is now providing automatic insurance cover on all new signups for Civic's hot wallet.
  
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• Ex-Royal Mint Team Now Provides $1M Cover for All Civic Crypto Wallets

  31-03-2020 16:37
  
  Coincover is now providing automatic deposit guarantee on all new signups for Civic's hot wallet.
  
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• BCH, BSV Block Halvings Will Force Miners to Bitcoin (BTC) — Report

  31-03-2020 16:08 via cointelegraph.com
  
  Bitcoin will take miner resources away from Bitcoin Cash and Bitcoin SV next month, but the picture is far from rosy, warns Coin Metrics
  
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• Bitfury Becomes Latest Crypto Industry Player to Join COVID-19 Research Project

  31-03-2020 16:00 via cointelegraph.com
  
  Blockchain development firm Bitfury is diverting its computational resources to a distributed computing research effort to combat COVID-19
  
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• During Coronavirus Pandemic, IRS Cuts Taxpayers Some Much Needed Slack

  31-03-2020 15:49 via cointelegraph.com
  
  The IRS has already changed some important payment deadlines and started crucial initiatives to help taxpayers. Will it help to win the fight against COVID-19?
  
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• Is XRP Decentralized? Ripple's Involvement in the Cryptocurrency - Crypto Briefing

  31-03-2020 15:29 via cryptobriefing.com
  
  Is XRP Decentralized? Ripple's Involvement in the Cryptocurrency  Crypto Briefing
  
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• Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds

  31-03-2020 15:00
  
  Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.
  
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