Cryptocurrency news

• Algorand Announces $43 Mln Grants Program to Foster ‘Borderless Economy’

  14-04-2020 23:22 via cointelegraph.com
  
  Cointelegraph spoke to the Algorand Foundation’s Fangfang Chen to find out more about the “borderless economy” that the grants are intended to foster
  
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• Send on Bitcoin, Receive on Ethereum: Atomic Loans Launches Bitcoin DeFi Solution

  14-04-2020 23:16 via cointelegraph.com
  
  Atomic Loans will allow you to directly use Bitcoin as collateral for a DeFi loan, but most of the infrastructure remains on Ethereum
  
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• China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members

  14-04-2020 23:07 via cointelegraph.com
  
  Major companies such as Huawei and Alibaba join China’s new blockchain innovation alliance, and more than 100 other global enterprise follow suit
  
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• Bitmain to Compensate its Past Customers After Price Cut

  14-04-2020 23:04 via cointelegraph.com
  
  Customers that bought AntMiners S17+ and T17+ before the price cuts have the right to a partial refund from Bitmain
  
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• Bitcoin Tests $7K as Spot Trading Volumes Subside to Normal Levels

  14-04-2020 23:01
  
  After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.
  
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• This Grave Pattern Suggests XRP May Soon See a Bloodbath

  14-04-2020 23:00 via newsbtc.com
  
  2019 was a rough year for XRP, with the cryptocurrency posting intense yearly losses totaling at over 40%, which came as Bitcoin and many other major altcoins posted notable gains over the same time period.
  This bearishness didn’t end here, however, as the crypto was unable to match the momentum seen by the aggregated market in early-2020, with the subsequent downturn seen throughout the past few weeks leading it to trade below its yearly open.
  This macro technical weakness doesn’t a
  
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• This Altcoin Has Thrived Amid Global Lockdown, Seeing 102% Growth in 28 Days

  14-04-2020 22:33 via cointelegraph.com
  
  Komodo (KMD) climbed to 102% growth over the past thirty days, marking a swift turnaround for a coin which lost 75% of its value from February into March
  
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• For Contact Tracing to Work, Americans Will Have to Trust Google and Apple

  14-04-2020 22:22
  
  Critics have doubts that Google and Apple can make their contact tracing system work. Key issue: trust.
  
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• VC Firm Andreessen Horowitz Targets $450M for Second Crypto Fund: Report

  14-04-2020 22:05
  
  Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.
  
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• Ethereum Co-Founder Says Crypto Mining on Phones is a "Fool's Game"

  14-04-2020 22:05 via cointelegraph.com
  
  Vitalik Buterin tweeted that mobile crypto mining is a “fool’s game” in reaction to XMR mining in HTC phone
  
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• Bitcoin Shows Ideal Set Up For Epic Rally: Stock-to-Flow and Oversold RSI

  14-04-2020 22:00 via newsbtc.com
  
  Bitcoin price is in recovery mode, after the first-ever cryptocurrency suffered a record-breaking collapse and fall to under $4,000, shocking the crypto community and the world at large.
  The selloff has led to extremely oversold conditions, according to the Relative Strength Index indicator. When combined with a Bitcoin valuation substantially below where the highly cited stock-to-flow model predicts, its the ideal setup for an epic rally, according to the theory’s creator.
  Understanding B
  
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• Ternio Announce 6.38% Cryptocurrency Rewards Program on BlockCard - Crowdfund Insider

  14-04-2020 21:42 via crowdfundinsider.com
  
  Ternio Announce 6.38% Cryptocurrency Rewards Program on BlockCard  Crowdfund Insider
  
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• Inside China’s Plan to Power Global Blockchain Adoption

  14-04-2020 21:30
  
  China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy.
  
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• Nefarious Parties Peddled Half a Million Zoom Profiles on Darknet

  14-04-2020 21:29 via cointelegraph.com
  
  Recent data shows parties selling a massive number of Zoom accounts in the far reaches of the internet.
  
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• Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion

  14-04-2020 21:20 via cointelegraph.com
  
  A company founded by a Bitcoin investor is expected to lose $12.5 billion during this fiscal year
  
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• Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations

  14-04-2020 21:11 via cointelegraph.com
  
  New class action demands $28 million from Maker Foundation for negligence and misrepresentation leading to March 12 catastrophe
  
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• These Altcoins are “Ready for Bullish Continuation” but Hurdles Remain

  14-04-2020 21:00 via newsbtc.com
  
  Bitcoin is currently flashing some subtle signs of strength as the benchmark crypto pushes towards its resistance at $7,000, with this ongoing upswing providing most major altcoins with some much-needed strength.
  This has led one analyst to note that an aggregated index of some of the largest altcoins is signaling that bullish continuation is imminent, which means that Ethereum, XRP, and some other tokens could soon rally higher.
  There are some key hurdles that could stunt this growth, however,
  
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• The $20,000 Human IPO and 5 Other Crypto Stories That Have Nothing to Do With COVID-19

  14-04-2020 21:00
  
  From regulation-related shutdowns to a human IPO and G20 warnings about stablecoins, NLW breaks down a set of crypto trend stories that really aren’t about COVID-19.
  
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• Algorand Foundation Sets Aside $50M in Tokens to Spur Development

  14-04-2020 21:00
  
  The Algorand Foundation has earmarked 250 million ALGO for a grant program that aims to spur development of the Algorand ecosystem.
  
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• Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

  14-04-2020 20:52
  
  The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions.
  
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• World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion

  14-04-2020 19:59 via cointelegraph.com
  
  The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
  
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• HTC Introduces Cryptocurrency Mining for Mobile Devices - Nasdaq

  14-04-2020 19:43 via nasdaq.com
  
  HTC Introduces Cryptocurrency Mining for Mobile Devices  Nasdaq
  
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• Gold Taps New High, Indicators Show Rally Has More Fuel in the Tank

  14-04-2020 19:30 via newsbtc.com
  
  Gold‘s growth continues to sustain, reaching new highs this week not traded since the last economic recession.
  The rally also is showing very few signs it will slow down any time soon, and one particular indicator confirms there is “more fuel in the tank,” according to an analyst.
  Gold Prices Soar to Over $1,730, Setting New Local High
  Precious metals are rising once again in the face of a looming economic disaster due to the enormous impact left behind by the coronavirus.
  Gold
  
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• Blockchain Bites: The Global Lockdown, Privacy Preserving Cryptography and Bitmain’s Cash Rebates

  14-04-2020 19:25
  
  Crypto may protect privacy as governments turn to contact tracing apps, while hackers are selling your Zoom account information for pennies on the dollar.
  
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• What Demographic Factors Drive Cryptocurrency? - PaymentsJournal

  14-04-2020 19:05 via paymentsjournal.com
  
  What Demographic Factors Drive Cryptocurrency?  PaymentsJournal
  
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• MakerDAO Users Sue Stablecoin Issuer Following ‘Black Thursday’ Losses

  14-04-2020 19:00
  
  A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”
  
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• Bitstamp integrates with Fireblocks to enable faster cryptocurrency transactions - CryptoNinjas

  14-04-2020 18:44 via cryptoninjas.net
  
  Bitstamp integrates with Fireblocks to enable faster cryptocurrency transactions  CryptoNinjas
  
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• Reliable Sell Signal Challenges Chainlink Cryptocurrency’s Unstoppable Growth

  14-04-2020 18:30 via newsbtc.com
  
  Chainlink, the explosive cryptocurrency that recently set its all-time high amidst the peak coronavirus panic, has just triggered a sell signal on the TD 9 Sequential indicator across both the USD and BTC trading pairs.
  Is this unstoppable altcoin’s growth finally coming to a halt, or is this yet another minor bump in the road in the asset’s journey into the top ten cryptocurrencies by market cap?
  Recapping Chainlink’s Two Years Of All-Star Altcoin Performance
  Chainlink is amon
  
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• Filipino Pawnshops Bank on Crypto Remittances During Crisis

  14-04-2020 18:28
  
  Pawn shops in the Philippines are well placed to popularize cryptocurrencies as alternatives to cash.
  
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• Bitcoin Price Rejects 100-Week MA, So Is the Pre-Halving Pump Over?

  14-04-2020 18:22 via cointelegraph.com
  
  Bitcoin is struggling to clear resistance at $6,900 and $7,050 but $7,200 is the real target BTC needs to flip to support in order to rally to $8,000
  
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• Bitcoin News Roundup for April 14, 2020

  14-04-2020 18:00
  
  Gold beats BTC while Europe explore contact-tracing. It's CoinDesk's Markets Daily podcast.
  
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• Toronto Stock Exchange’s Listing of Bitcoin Fund Can Have a Major Impact on Crypto

  14-04-2020 17:53 via cointelegraph.com
  
  3iQ’s recent listing of its BTC fund on the Toronto Stock Exchange will help boost investor confidence toward the crypto sector
  
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• Bitcoin Nears $7,000 Again in Quick 7% Recovery, Following S&P 500

  14-04-2020 17:43 via newsbtc.com
  
  Looking at the chart below, it’s fair to say that Bitcoin has been on a rollercoaster over the past week. After trading as high as $7,470 last week, the cryptocurrency plunged, first to $6,900, then to $6,550 in a second wave. From the highs, BTC was down 13%.But, over the past 36 hours, Bitcoin has mounted a quick recovery, trading at $6,940 as of the time of this article’s writing — 6% higher than the recent lows and just shy of the key psychological resistance at $7,000.
  Ana
  
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• How Zero Interest Rates in the US Will Impact Stablecoin Adoption

  14-04-2020 17:30 via cointelegraph.com
  
  Financial measures to fight the COVID-19 pandemic might force the adoption of stablecoins worldwide
  
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• MCS, Robust Cryptocurrency Derivative Trading Platform, Launches Its TestNet on April 13 - Yahoo Finance

  14-04-2020 17:15 via finance.yahoo.com
  
  MCS, Robust Cryptocurrency Derivative Trading Platform, Launches Its TestNet on April 13  Yahoo Finance
  
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• Options Market Signals Doubt Bitcoin Price Will Rise After Halving

  14-04-2020 17:00
  
  To the moon or to the cellar? Options traders are buying bitcoin puts, or bearish bets on the cryptocurrency, heading into next month's halving.
  
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• Huawei, Tencent, JD.com Among Big Names on China’s New Blockchain Committee

  14-04-2020 16:50
  
  The new national blockchain committee was formed to discuss and set industry standards for distributed ledger technology.
  
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• Chart Pattern Resurfaces That Saw Bitcoin Plunge From $10K to $3.6K

  14-04-2020 16:32 via cointelegraph.com
  
  The same fractal that brought Bitcoin from $10,500 to $3,600 is playing out. But, two key variables may soften the correction
  
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• Wirex Payments Platform Hits 3 Million Users, Becomes Profitable

  14-04-2020 16:16 via cointelegraph.com
  
  Strong long term trends aside, the COVID-19 pandemic has recently hit Wirex card users’ retail spending
  
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• ‘The Great Lockdown’: IMF Confirms Global Recession

  14-04-2020 16:11
  
  IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”
  
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• Last Time Bitcoin Broke This Level, It Soared 40%. We’re Testing It Again

  14-04-2020 16:00 via newsbtc.com
  
  Bitcoin may seem as though it moves without rhyme or rhythm, but like all markets, the cryptocurrency’s key levels and directionality can be shown with technical analysis, too. Unfortunately for bulls, the cryptocurrency remains below a key technical analysis level that marked the start of Bitcoin’s 50% crash at the beginning of March.
  Bitcoin Remains Below Key Technical Level
  According to a popular crypto trader, Bitcoin was recently rejected from the middle Bollinger Band (likely t
  
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• Dapper Labs Announces Tech-Sharing Partnership With Libra

  14-04-2020 16:00 via cointelegraph.com
  
  A new partnership will see Dapper Labs employ the Move virtual machine, while Libra will access the Cadence smart contract programming language
  
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• Facebook cryptocurrency faces close scrutiny by G20 watchdog - Cryptopolitan

  14-04-2020 15:52 via cryptopolitan.com
  
  Facebook cryptocurrency faces close scrutiny by G20 watchdog  Cryptopolitan
  
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• Cargill and Rabobank Use Blockchain for a $12 Million Intercontinental Wheat Trade

  14-04-2020 15:43 via cointelegraph.com
  
  Blockchain helped Rabobank and Cargill slash the settlement time for a $12 million commodity trade
  
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• Tax 'Fugitive' and Crypto Bull John McAfee Announces New Privacy Coin

  14-04-2020 15:23 via cointelegraph.com
  
  After releasing an ERC-20 token called "Epstein Did Not Kill Himself" under the ticker "WHACKD" last year, John McAfee is turning his attention to privacy coins
  
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• BlockCard Cryptocurrency Debit Card Rewards Spike to 6.38% - Cointelegraph

  14-04-2020 15:11 via cointelegraph.com
  
  BlockCard Cryptocurrency Debit Card Rewards Spike to 6.38%  Cointelegraph
  
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• Delta Exchange Releases Bitcoin-Tether Futures Contracts

  14-04-2020 15:00 via cointelegraph.com
  
  Delta Exchange has added Bitcoin-Tether futures contracts to its trading platform following increased customer demand
  
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• Coinbase Custody to Support Polkadot Staking With up to 20% Returns

  14-04-2020 15:00
  
  Coinbase Custody is partnering with Bison Trails to add staking support for Polkadot’s native DOT tokens in anticipation of the network’s mainnet launch.
  
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• BlockCard Cryptocurrency Debit Card Rewards Spike to 6.38%

  14-04-2020 15:00 via cointelegraph.com
  
  BlockCard, a crypto debit card from company Ternio, now pays users a 6.38% reward for spending
  
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• Bison Trails Announces Integration With Coinbase Custody

  14-04-2020 15:00 via cointelegraph.com
  
  Bison Trails will provide support for the Polkadot protocol with its Coinbase Custody integration
  
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