Cryptocurrency news

• MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

  20-04-2020 23:59
  
  Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
  
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• Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas

  20-04-2020 23:33
  
  North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.
  
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• BABB Launches Cash-Out Fiat Gateways in 36 New Regions

  20-04-2020 23:30 via cointelegraph.com
  
  The crypto app expands its operations and services by allowing users to convert fiat money into BABB’s token throughout Europe
  
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• Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown

  20-04-2020 23:24 via cointelegraph.com
  
  Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
  
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• Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials

  20-04-2020 23:15
  
  China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test.
  
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• This Major Crypto is Poised for New Lows in 2020 as Macro Structure Degrades

  20-04-2020 23:00 via newsbtc.com
  
  2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at.
  Although LTC has been able to avoid declining over a year-to-date period, it has severely underperformed Bitcoin in the time following its capitulatory decline from its mid-February highs.
  Over a macro time frame one trader is now noting that he believes Litecoin is particularly weak and could be well positioned to set fresh lo
  
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• CFTC Approves Bitnomial to Offer Futures Contracts Settled in Real Bitcoin

  20-04-2020 22:54
  
  The CFTC has approved Bitnomial Exchange to offer margined bitcoin futures and options contracts.
  
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• FBI Warns of 4 Cryptocurrency Fraud Schemes tied to COVID-19 - KCBD

  20-04-2020 22:51 via kcbd.com
  
  FBI Warns of 4 Cryptocurrency Fraud Schemes tied to COVID-19  KCBD
  
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• How Crypto Professionals Are Staying Sane During Quarantine (Video)

  20-04-2020 22:20
  
  Days of lockdown have turned into weeks. Here's how crypto is handling the COVID-19 crisis from home.
  
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• What I’ve Learned Learned From Trading Bitcoin, Stocks, and Gold Side-by-Side

  20-04-2020 22:00 via newsbtc.com
  
  As an opportunist and inherent risk-taker, the recent volatility in traditional markets like stocks and gold has proven too alluring an opportunity for this Bitcoin trader to pass up.
  Here is a collection of what I’ve learned over the past month trading traditional markets versus the Wild West of cryptocurrencies.
  The Wild West of Bitcoin and Crypto Trading
  By way of profession, and through my now long time spent around the Bitcoin community, familiarizing myself with charting and technica
  
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• Atari Casino Lets Players Gamble Online With Cryptocurrency - Hot Hardware

  20-04-2020 21:51 via hothardware.com
  
  Atari Casino Lets Players Gamble Online With Cryptocurrency  Hot Hardware
  
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• European Contact Tracing Consortium Faces Wave of Defections Over Centralization Concerns

  20-04-2020 21:37
  
  Contact tracing researchers fear Europe could choose a centralized system that puts personal privacy at risk.
  
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• Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

  20-04-2020 21:27
  
  Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.
  
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• Bearish or Bullish? What Oil, Defi Hacks and Cash Hoarding Tell Us About Markets

  20-04-2020 21:00
  
  As economic confusion gains ground, NLW breaks down what in the recent news is bullish and what is bearish for bitcoin and the crypto community.
  
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• Bitcoin Price Dives to $6,800, Leaving $40 Million in Longs Liquidated

  20-04-2020 20:56 via newsbtc.com
  
  After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at $6,840 — just under 7% below the weekend’s highs of $7,300 and nearly 9% below the $7,470 highs seen two weeks back at the highs.
  The cryptocurrency is currently trying to hold $6,700-6,800, a key level as pointed out by many traders.Due to this
  
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• Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims

  20-04-2020 20:48 via cointelegraph.com
  
  Got crypto losses? The IRS has updated some guidelines and procedures in response to the COVID-19 pandemic
  
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• Microsoft Wants To Mine Cryptocurrency From Your Body Activity Data - Fossbytes

  20-04-2020 20:31 via fossbytes.com
  
  Microsoft Wants To Mine Cryptocurrency From Your Body Activity Data  Fossbytes
  
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• Huobi Mints $4.2 Million in Stablecoins — Is It a 4/20 Coincidence?

  20-04-2020 20:20 via cointelegraph.com
  
  Huobi makes a 4,200,000 minting of its HUSD stablecoin after months of inactivity
  
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• Libra Association Adds Heifer International as 23rd Member

  20-04-2020 20:15
  
  This came after Facebook and its partners updated Libra whitepaper.
  
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• People Spend More Crypto on Food and Clothing Than on Illegal Drugs

  20-04-2020 20:11 via cointelegraph.com
  
  People aren’t using crypto the way you think they are
  
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• Blockchain Bites: ConsenSys Cuts, dForce Doomsday and Bitcoin ATMs Boom

  20-04-2020 20:04
  
  ConsenSys cut staff for the second time in 2020. DForce faces doomsday. And Bitcoin ATMs are booming.
  
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• Price Analysis 4/20: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

  20-04-2020 19:57 via cointelegraph.com
  
  The hesitation to break out of the resistance suggests that Bitcoin might remain range-bound for a few more days
  
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• Decentralized Platform dYdX to Launch Bitcoin Perpetual Contracts

  20-04-2020 19:36
  
  The contracts will be cash-settled with USDC.
  
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• Could Inflation Threat Provide An Unexpected Boost To Cryptocurrency P2P Markets? - Benzinga

  20-04-2020 19:36 via benzinga.com
  
  Could Inflation Threat Provide An Unexpected Boost To Cryptocurrency P2P Markets?  Benzinga
  
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• Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving

  20-04-2020 19:28 via cointelegraph.com
  
  MicroBT is looking to expand its further eat into Bitmain’s market share, recently revealing its next-generation 100 TH/s Bitcoin miners at a virtual launch event
  
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• Heifer International Joins Libra Association to ‘Support Financial Inclusion’

  20-04-2020 19:03
  
  Heifer International has joined the Libra Association, just days after the group modified its stablecoin vision to focus on a series of single-currency tokens rather than one basket-backed version.
  
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• Leveraging Hyperledger Fabric — Enterprise Blockchain Unleashes Viable Solutions

  20-04-2020 18:40 via cointelegraph.com
  
  Hyperledger Fabric’s blockchain network is being used by major companies to bring trust to traditionally nontransparent markets
  
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• Crypto Trading App Robinhood Reportedly Seeks $250M After March Outages

  20-04-2020 18:32 via cointelegraph.com
  
  After major system outages in March, Robinhood is reportedly raising $250 million from investors like Sequoia Capital
  
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• Facebook Still Wants a Piece of the Cryptocurrency Market - Motley Fool

  20-04-2020 18:30 via fool.com
  
  Facebook Still Wants a Piece of the Cryptocurrency Market  Motley Fool
  
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• What It Means to Be an Investor Amid the Global Pandemic

  20-04-2020 18:05 via cointelegraph.com
  
  In times of crisis, such as the COVID-19 pandemic, digital options could win over traditional investments — but you need to be patient
  
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• VIX Points To Turbulent Week As Oil Prices Tank to Lowest in Two Decades

  20-04-2020 18:00 via newsbtc.com
  
  Traditional markets are on fire, going toe-to-toe with speculative cryptocurrencies like Bitcoin in terms of insane intraday volatility and enormous price movements. The latest shock is in oil prices, which fell this morning by over 40% to the lowest level in over two decades.
  The massive drop in coordination with drops across the stock market has caused this week’s VIX volatility index to surge by over 6.9% at open, suggesting that there’s much more turbulence across traditional mar
  
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• Bitcoin News Roundup for April 20, 2020

  20-04-2020 18:00
  
  Bitcoin volatility points to big things to come while hackers drain $25 million overnight. It's CoinDesk's Markets Daily Podcast.
  
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• New Layoffs Hit Ethereum Incubator ConsenSys

  20-04-2020 17:50
  
  ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
  
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• Facebook to Hire 50 Staff in Ireland for Calibra

  20-04-2020 17:38
  
  The Libra Association recently updated its whitepaper, making major changes.
  
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• Crypto Staking Wallet Offers 1.5% Daily Returns: Ponzi in Progress?

  20-04-2020 17:07 via cointelegraph.com
  
  A cryptocurrency staking app looks like a Ponzi scheme and might be related to an exit scam from 2018, according to a former victim
  
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• BitHull Miners Disrupt Global Cryptocurrency Marketplace - Yahoo Finance

  20-04-2020 17:00 via finance.yahoo.com
  
  BitHull Miners Disrupt Global Cryptocurrency Marketplace  Yahoo Finance
  
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• Cryptocurrency markets hold weekend gains, will they go higher? - Micky News

  20-04-2020 16:51 via micky.com.au
  Cryptocurrency markets hold weekend gains, will they go higher?  Micky News
  
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• Facebook Affirms Libra Commitment With 50 New Job Openings in Ireland

  20-04-2020 16:20
  
  Libra may have been scaled back, but Facebook is significantly expanding the team working to support the stablecoin project.
  
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• $25 Million Worth Of Cryptocurrency Stolen By Hackers - Expert Insight - ISBuzz News

  20-04-2020 16:18 via informationsecuritybuzz.com
  
  $25 Million Worth Of Cryptocurrency Stolen By Hackers - Expert Insight  ISBuzz News
  
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• Emin Gün Sirer’s AVA Releases Two Blockchain Testnets

  20-04-2020 16:06
  
  The company is aiming to launch its mainnet later this year.
  
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• Blockchain Now Officially Part of China’s Technology Strategy

  20-04-2020 16:00
  
  An influential government authority responsible for planning China's economy has said blockchain will form an integral part of the country's data and technology infrastructure.
  
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• Bitcoin Struggles to Hold $7K as US Stocks, Oil, Gold Fall in Sync

  20-04-2020 16:00 via newsbtc.com
  
  Bitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.
  The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on behavior.
  The US dollar, on the other hand, jumped on safe-haven demand.Bitcoin briefly fell below its $7,000-support in what appears to be a panic-sell caused by the upsetting US oil prices ahead of the New York morning bell.
  BTCUSD edges lower as US stocks, oil fall | Source: TradingView.com, Coi
  
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• Cryptocurrency Market Update: Only 5% of people use cryptocurrencies on a regular basis - research - FXStreet

  20-04-2020 15:52 via fxstreet.com
  Cryptocurrency Market Update: Only 5% of people use cryptocurrencies on a regular basis - research  FXStreet
  
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• Bitcoin Price Chart Nears Bullish Cross That Last Time Preceded $10K

  20-04-2020 15:44 via cointelegraph.com
  
  Bitcoin price has found strong support at $6,500 but the correlation with traditional markets paints a bearish picture
  
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• Dash Core Group to Update Platform’s ‘Evonet’ Testnet Every Six Weeks

  20-04-2020 15:40 via cointelegraph.com
  
  The Dash Core Group plans to release a network update every six weeks starting with a release between April 22 and May 5
  
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• Crude Oil Gutted to Sub-Zero Prices as Bitcoin’s Purchasing Power Soars

  20-04-2020 15:23 via cointelegraph.com
  
  A collapse in oil prices is fuelling an interesting comparison with Bitcoin and other less volatile assets
  
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• Bitcoin Now Buys 600 Barrels of Crude Oil as Prices Fall Below Zero

  20-04-2020 15:23 via cointelegraph.com
  
  A collapse in oil prices is fuelling an interesting comparison with Bitcoin and other less volatile assets
  
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• Binance Issues ONT-Backed Token For DEX Trading

  20-04-2020 15:18 via cointelegraph.com
  
  Binance recently issued ONT-33D, a token backed 1:1 with ONT coins and hosted on the exchange's blockchain.
  
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• First Mover: Bitcoin Attracting More Buyers, Even With Market Stuck in ‘Extreme Fear’

  20-04-2020 15:10
  
  Analysts say the growing number of small bitcoin accounts might suggest bitcoin is becoming more popular – even as a sentiment index is registering "extreme fear" for the longest period on record.
  
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• NetCents Technology boss says payments group poised to succeed as cryptocurrency reshapes financial landscape - Proactive Investors USA & Canada

  20-04-2020 15:09 via proactiveinvestors.com
  
  NetCents Technology boss says payments group poised to succeed as cryptocurrency reshapes financial landscape  Proactive Investors USA & Canada
  
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