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Sunday, 16 December

01:55

Augur House Elections Market: Alleged Reporter Says Republicans Won The Market News CCN

A person claiming to be the designated reporter for an Augur predictions market which asked the question Which party will control the House after 2018 U.S. Midterm Election? has posted to Reddit saying that he will be reporting that the Republicans control the house today. The market ends today, 12/10, and the Decmocrats, who won

The post Augur House Elections Market: Alleged Reporter Says Republicans Won The Market appeared first on CCN

01:29

Cryptojacking Overtakes Ransomware as Top Malware in Some Countries Cointelegraph.com News

In certain countries, malware that uses infected hardware for unauthorized crypto mining is increasingly becoming the top cyber threat

01:15

The Daily: Japan Calls All Coins Crypto Assets, Russia Defines Cryptocurrency as Property Bitcoin News

The Daily: Japan Calls All Coins Crypto Assets, Russia Confirms Their Property Status

The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as crypto assets in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as other property. Finally, according to a recent report, stablecoins have seen significant growth over the past few months.

Also read: Crashing Crypto Trader Shares Advice, Bitcoin Bandit Extradited

Japanese Regulator Renames Cryptocurrencies

Japans Financial Services Agency (FSA) has decided to call all cryptocurrencies crypto assets, the countrys leading daily Yomiuri Shimbun reported. The reasoning behind the decision is to help traders avoid confusing digital coins with legal tender recognized by the government in Tokyo. The regulator notes the price of many cryptos fluctuates wildly, theres no evidence of value and its often unclear who is issuing them.

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Saturday, 15 December

23:15

Pantera Capital Braces for SEC Action Against 25 Percent of ICO Investments Bitcoin News

Pantera Braces for SEC Action Against 25 Percent of ICO Investments

Increasingly frequent action taken by the SEC against initial coin offerings is expected to lead to more cryptocurrency projects being forced to refund investors. Among those expected to be affected is the first U.S.-based cryptocurrency investment firm, Pantera Capital, with the company bracing to receive refunds on a quarter of its ICO investments.

Also Read: BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume

Pantera Capital Anticipates a Quarter of ICOs in Portfolio May Be Targeted for Securities Violations

Pantera Capital Braces for SEC Action Against 25 Percent of ICO InvestmentsIn a letter written by Dan Morehead and Joey Krug, Panteras co-chief investment officers...

22:40

Federal Judge Strikes Down Obamacare, 2479 "IndyWatch Feed Economics"

This is a paid sponsorship by: - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com Good evening, Im still reporting on: Federal Judge Strikes Down Obamacare, 2479 Synopsis: Good evening. A federal judge in Texas has ruled that ObamaCare aka the Affordable Care Act is unconstitutional just one day before the deadline to sign up for coverage for the coming year. The judge ruled that the individual mandate is what is unconstitutional forcing people to buy an insurance product, even if they dont want to bet against their health in any way. This argument was offered as a reason not to pass the bill in the first place, but Obama steam-roller tended to ignore such niceities as the U.S. Constitution back in them there days. Writing in his opinion, Judge Reed OConnor, an appointee of President George W. Bush, observed that the U.S. Constitution does not allow the mandate to stand. Back in 2012, the Supremes upheld the mandate claiming that it was part of Congresss power to tax. But, last year, Congress removed the fine for failing to comply with that tax, and without the mandate, the program could not pay for itself. Judge OConnor ruled that since the mandate is an essential part of the ACA, the entire law is unconstitutional SUPPORT OUR SPONSORS: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com - Patriot Flashlight, http://www.patriotflashlight.com/ Apply Coupon: Still20 for an additional 20% discount - Cheap Cable TV - Call 1-888-742-8847. Click now: https://CheapCableTV.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com -Jeevy Computers: Move up to business-level computer protection.800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial...

22:32

Joe diGenova Justice Will Be Done, 2478 "IndyWatch Feed Economics"

This is a paid sponsorship by: -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill Good evening, Im still reporting on: Joe diGenova Justice Will Be Done, 2478 Synopsis: After an absence for some weeks, Joe diGenova is back and on the attack. Yesterday he was on Laura Ingrahams radio show getting us straight and keeping the big picture in perspective. DiGenova explains in simple terms whats going on with the daily drivel from the MSM, then, towards the end of this interview he makes some startling and encouraging predictions. It seems that the Dems are now trying to focus Americas attention on the payoffs to two women who were trying to extort money from him before the election. The problem for the desperate Dems is this is not a crime in itself. Even the head of the Federal Elections Commission made an on camera comment last week that this is not a crime. But thats not enough to stop the desperate Dems. Why? Because they are so desperate. This is literally the best they can come up with after two years of a Russia Collusion investigation. So what does this have to do with Russia collusion? Exactly! Nothing! SUPPORT OUR SPONSORS: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com - Patriot Flashlight, http://www.patriotflashlight.com/ Apply Coupon: Still20 for an additional 20% discount - Cheap Cable TV - Call 1-888-742-8847. Click now: https://CheapCableTV.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com -Jeevy Computers: Move up to business-level computer protection.800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth abo...

22:30

US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal News CCN

Coinbase the largest US-based cryptocurrency exchange partnered with payments platform PayPal to enable instant, free crypto-to-cash withdrawals for US customers. This means customers can now move the crypto balances in their Coinbase accounts to their PayPal accounts immediately, at no charge. These withdrawals are not only fast; theyre free and incur no fees,

The post US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal appeared first on CCN

22:25

Devin Nunes How Gen Flynn Was Framed, 2477 "IndyWatch Feed Economics"

This is a paid sponsorship by: - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell Good evening, Im still reporting on: Devin Nunes How Gen Flynn Was Framed, 2477 Synopsis: Well score a big one for the coup plotters. The incoming chairman of the House Intelligence Committee, Jerry Nadler, a New York Democrat, announced today that he was shutting down the House Intelligence Committees investigation into FBI abusive practices that were at the heart of the anti-Trump coup. Former House Intel Chairman Devin Nunes went on Laura Ingrahams show last night to exactly how this FBI-driven coup framed General Michael Flynn in the first weeks of the Trump administration in early 2017. SUPPORT OUR SPONSORS: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com - Patriot Flashlight, http://www.patriotflashlight.com/ Apply Coupon: Still20 for an additional 20% discount - Cheap Cable TV - Call 1-888-742-8847. Click now: https://CheapCableTV.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com -Jeevy Computers: Move up to business-level computer protection.800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two docu...

22:17

Trump Interview With Harris Falkner, 2476 "IndyWatch Feed Economics"

This is a paid sponsorship by: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. Good evening, Im still reporting on: Trump Interview With Harris Falkner, 2476 Synopsis: Yesterday, the highly-regarded Fox News host, Harris Faulkner blasted the incoming House Majority leader Nancy Pelosi for calls to discuss the agenda for the incoming Congress with President Trump in secret instead of in front of the nations media in a much more transparent way. However, Pelosi has been calling for a (quote) Congress of transparency. Transparency unless its Pelosi who has to allow the nation see the way she operates. Pelosi didnt want the public to be able to see that [debate], said Faulkner on live Fox News air. Because why? Because shes in it? Because she doesnt want us to see them going back and forth? said Faulkner about the Trump Schumer Pelosi meeting. Well, today, President Trump invited Faulkner into the White House to do a taped interview one-on-one with the President. Faulkner, an Air Force brat just like yours truly - who has struggled to make her way in the daytime airwaves of Fox News, was suddenly thrust into the big time by President Trump. SUPPORT OUR SPONSORS: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com - Patriot Flashlight, http://www.patriotflashlight.com/ Apply Coupon: Still20 for an additional 20% discount - Cheap Cable TV - Call 1-888-742-8847. Click now: https://CheapCableTV.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com -Jeevy Computers: Move up to business-level computer protection.800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or fi...

22:00

One Month Later, Which Crypto Is Winning the Bitcoin Cash Split? CoinDesk

After a month of wild volatility and 'hash wars,' the public still has yet to pick a clear favorite out of the two new bitcoin cash forks, BCHABC and BSV.

21:52

Trey Gowdys Exit Interview!, 2475 "IndyWatch Feed Economics"

This is a paid sponsorship by: - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell Good evening, Im still reporting on: Trey Gowdys Exit Interview!, 2475 Synopsis: Trey Gowdy, the well-spoken former federal prosecutor turned Congressman has decided Washington politics is no longer for him. Last night Martha MacCallum ran an exclusive exit interview with Congressman Gowdy who is finishing up his 4 term representing the 4th district of South Carolina. [insert] SUPPORT OUR SPONSORS: - Noble Gold - Better grab some rolls of these beautiful Morgan Silver Dollars before they are gone. Go to: https://HistoricSilverCoins.com and enter promo code Bill Still to save $5 per coin. -- Virtual Shield VPN - the easiest way to create a home VPN. It takes me 4-5 seconds each morning to get my Virtual Shield up. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy. It pays for itself. See their Black Friday Specials at: https://www.TradeGeniusAcademy.com - Patriot Flashlight, http://www.patriotflashlight.com/ Apply Coupon: Still20 for an additional 20% discount - Cheap Cable TV - Call 1-888-742-8847. Click now: https://CheapCableTV.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: https://BillStill.com/StemCell The Crypto Advisors, buy, sell, invest, safeguard cryptocurrencies such as Bitcoin. Call 888-844-7806, or visit online at: www.TheCryptoAdvisors.com -Jeevy Computers: Move up to business-level computer protection.800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https...

21:28

Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada News CCN

Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device at

The post Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada appeared first on CCN

21:20

Crypto is for Activists: Why We Need More Cypherpunks, Not Cypherposers CoinDesk

Bitcoin is activism, not a get rich quick scheme or a startup platform, says Lamassu's Zach Harvey.

21:19

What Crypto Winter? Its Perfectly Sunny for Luno with 40 New Jobs Open News CCN

Bitcoin tumbled to a 15-month low today. Ethereum has all-but petered out. Heavyweights like ConsenSys are laying off staff, and many ICO startups are running out of cash before launching their products. You have to admit, things dont look particularly good from any angle. But while crypto investors are getting used to bracing before they

The post What Crypto Winter? Its Perfectly Sunny for Luno with 40 New Jobs Open appeared first on CCN

20:16

Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week News CCN

In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) performed poorly against the U.S. dollar, experiencing losses above the 10 percent mark. Out of the three most valuable crypto assets

The post Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week appeared first on CCN

20:00

Another Day Another New Low For Crypto Markets NewsBTC

FOMO Moments

Crypto markets dump to new lows again; Bitcoin Cash, SV, nearly dead, Litecoin surviving.

As predicted yesterday crypto markets have dumped to a new low during intraday trading. A minor recovery during the week could not be sustained and total market capitalization has fallen to a new low of $101 billion a few hours ago.

Bitcoin led the drop when it fell through support at $3,400 a couple of days ago and kept going back down to a new 2018 low of $3,205 at 22.00 UTC. A quick bounce took it back to $3,250 but Bitcoin is still at its cheapest price for 16 months.

Needless to say Ethereum has also been smashed dropping to a low of $83 before recovering back to a very weak $85. The rest of the altcoins are all in pain during Asian trading today. The top ten is a sea of red and as usual the Bitcoin Cash twins are getting hammered with BCH dumping 10% and BSV 12%. EOS and Litecoin have stopped falling at the time of writing but the rest are down a couple of percent.

The top twenty is all in the red also with Monero and Nem getting hit the hardest dropping around 7% each. The rest are down 2-4 percent since yesterday and are at rock bottom prices for the year.

There are only two altcoins getting a fomo pump at the moment, Waves and Revain are up about 10% right now. Syscoin has entered the top one hundred with a big pump today but it is likely to do the exact opposite tomorrow. DEX is getting smashed at the other end of the table with a 40% dump on the day. MobileGo is also having a bad day with a 20% drop.

Total market capitalization is down another 3% on the day and is currently around $103 billion. A new 2018 low was made a few hours ago of $101 billion and as things stand market cap will be double digits very soon. Over 9% has been lost from crypto markets since last weekend and almost 45% since the same time last month. The selloff does not seem to be abating and things are not even stabilizing at a bottom down is the only direction for cryptocurrencies at the moment.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

The post Another Day Another New Low For Crypto Markets appeared...

18:35

BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume Bitcoin News

The Blockchain Transparency Institute (BTI) has published its December 2018 Exchange Volumes Report, claiming that only two of the top 25 cryptocurrency exchanges by reported volume on Coinmarketcap pairings accurately report their trade volume. The report also asserts that wash-trading is estimated to comprise 99 percent of the purported volume for 12 of the top 25 cryptocurrency pairings by reported volume.

Also Read: Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space

BTI Claims Binance and Bitfinex Accurately Report Volume

BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report VolumeAccording to the BTIs December report, the two largest exchanges by trade volume are Binance and Bitfinex, both of which the repo...

16:00

Australian Dollar and Bitcoin coinmill.com Currency Rates

1.00 AUD = 0.00022 BTC
0.00100 BTC = 4.45 AUD
Converter

Bitcoin and United States Dollar coinmill.com Currency Rates

0.00100 BTC = 3.21 USD
1.00 USD = 0.00031 BTC
Converter

15:35

Free Speech Social Network Gab Starts Accepting BTC Bitcoin News

Free Speech Social Network Gab Starts Accepting BTC

Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. Literally no one can no-platform our new crypto shop, Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Gab Begins Accepting BTC

Free Speech Social Network Gab Starts Accepting BTCSocial network platform Gab announced on Thursday that its integration of Btcpay Server has been completed. Its store now accepts payments in BTC and LTC.

Launched as a free-speech alternative to Twitter in August 2016, this fast-growing website is currently used by several alt-right and libertarian personalities who have been censored from using popular social networks. Among Gabs users are Alex Jones, Ann Coulter, Stefan Molyneux, and Milo Yiannopoulos.

Gab offers free accounts as well as four levels of pro membership, which are three months for $15, six months for $30, one year for $60, and five years for $200. Gabs store also sells $25 Make Speech Free Again ballcaps...

14:52

When Theres Blood in the Street (Why Its Not Quite Time to Be Long Crypto) CoinDesk

Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). - Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: When there is blood in the street (James in the mid-19th century and Nathan, after the battle of Waterloo). The family has been []

14:30

Telecoms Giant AT&T Seeks Patent for Blockchain-Enabled Social Media Mapping System Cointelegraph.com News

Telecoms conglomerate AT&T is seeking a patent for a blockchain system that enables users to track micro-culture transactions on social networks

13:45

Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline Cointelegraph.com News

Status is laying off 25 percent of its staff, saying that those roles are non-essential to the companys long-term growth projects

13:30

Bitcoin Bull Thomas Lee Claims Market Is Wrong and BTC Should Be Much Higher Bitcoin News

Bitcoin bull Thomas Lee continues to be confident in BTC, insisting that its current price is wrong and should actually be closer to the $15,000 mark. Along with a number of other bulls, Lee has made several overly hopeful predictions this year. 

Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down

Fair Value Is Higher Than Current Price

Thomas Lee, the head of research at Fundstrat Global Advisors, is a major BTC bull. Due to the number of active wallet addresses, usage per account, and other factors, Lee has said BTC should be worth around $14,800, rather than the $3,200 at the Bitcoin Bull Thomas Lee Claims Market Is Wrong and BTC Should Be Much Highertime of writing. The executive said: Fair value is significantly higher than the current price of bitcoin.

In fact, working backwards, to solve for the current price of bitcoin, this implies crypto wallets should fall to 17 million from 50 million currently, Bloomberg quoted him as saying.

Lee, who has been the most bullish of bulls this year, added that B...

13:23

Crypto VC Funding Deals are Falling Apart Due to Bear Market Bad Time For Startups News CCN

According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), many venture capital funding deals in the crypto sector have fallen apart in the past few months as a result of the 12-month bear market. Silbert, who oversees the operations of one of the largest venture capital firms in crypto with investments

The post Crypto VC Funding Deals are Falling Apart Due to Bear Market Bad Time For Startups appeared first on CCN

13:05

Blockchain Incubator Binance Labs Releases First Batch of Blockchain Projects Cointelegraph.com News

The Binance Labs Incubation Program has graduated its first batch of eight blockchain projects

12:11

Report: CEO of Largest Romanian Crypto Exchange Arrested on US Warrant Cointelegraph.com News

The CEO of crypto exchange Coinflux was reportedly arrested for fraudulent activity on a warrant from the U.S.

12:10

Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO News CCN

BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoins current valuation, while the actual use of the crypto market leader as a currency is responsible for only a relatively small fraction of its price. Speaking on CNBCs Squawk Box, Pair revealed that BitPay intends to change this situation significantly over

The post Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO appeared first on CCN

11:59

Saudi Arabia Joins UAE to Issue Joint Cryptocurrency "IndyWatch Feed Nthamerica"

saudi-arabia-joins-uae-to-issue-joint-cryptocurrency

Reportedly planned only for inter-bank transactions between two countries

The post Saudi Arabia Joins UAE to Issue Joint Cryptocurrency appeared first on Alternative News Network.

11:33

Tron DApp Usage Jumps 48% More Than 1 Million Transactions Last Week News CCN

The TRON Foundation launched its TRC20 exchange this week. It is a place for people to exchange tokens issued on the TRON platform. The TRC20 exchange is located at TRX.market. The TRC10 token exchange is still on Tronscan, the primary block explorer and information service for the Tron ecosystem. TRC20 and TRC10 tokens can be

The post Tron DApp Usage Jumps 48% More Than 1 Million Transactions Last Week appeared first on CCN

11:30

Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space Bitcoin News

Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space

The Orion Span project has plans to launch a space station that will be used as a luxury hotel. Its Aurora space station is set to launch in early 2022 and a 12-night stay on the craft will set you back $9.5 million. The space hotel says it has sold out its first six months of reservations and the project is accepting cryptocurrencies that include bitcoin cash (BCH) for 12-night packages.

Also read: Tipping App Gitcash Returns With Plans to Make It Rain BCH on Github

$9.5 Million for a 12-Night Stay in Space

Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in SpaceEver since NASA landed on the moon and other governments launched citizens into space, a number of companies in the private sector have sought to send people into orbit. A project called Orion Span plans to develop a space station and use the craft as a hotel so millionaires and billionaires can spend a few nights outside the Earths...

11:24

Major US Crypto Exchange Coinbase Adds Cash Withdrawals to PayPal Cointelegraph.com News

U.S.-based crypto exchange Coinbase introduced cash balance withdrawals to PayPal; the exchange will roll out the service in other countries sometime in 2019

10:41

AT&T Wants to Create a Blockchain Map of Your Social Media History News CCN

Telecom giant AT&T has filed a blockchain-oriented patent application to map social media histories. Titled Blockchain-Based Social Media History Maps, and published on Thursday, it describes a system of tracking social media history on behalf of subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social

The post AT&T Wants to Create a Blockchain Map of Your Social Media History appeared first on CCN

10:34

French Financial Regulator Blacklists Four Crypto Websites for Unauthorized Offerings Cointelegraph.com News

French stock market regulator AMF has blacklisted four crypto-related websites for offering investment schemes without proper authorization

10:00

The Crypto Markets May be in a Rout, But the Blockchain Job Market is in Full Swing NewsBTC

Although the crypto markets are caught in a persisting bear market, blockchain jobs are in a raging bull market, with blockchain developer job growth topping this years LinkedIn Emerging Jobs Report.

The report, which was released by LinkedIn on December 13th, analyzes the fastest growing jobs in the US, and notes that the blockchain industry was the fastest growing job market in 2018.

Crypto Crashed, But Blockchain Still Thriving 

Although the cryptocurrency markets have faltered throughout 2018 and are currently sitting at their lowest price levels since mid-2017, the blockchain development industry is thriving.

The LinkedIn report notes that in the United States, blockchain developer jobs saw 33x growth in 2018, significantly more than the second fastest growing job of machine learning engineers, which grew by 12x throughout the year.

The report notes that within the blockchain development sector, the most widely sought-after skills are knowledge and experience with Solidity (smart contracts), blockchain technology, Ethereum, cryptocurrency, and Node.js.

Within the market, most of the demand for workers with skills and a knowledge base in the aforementioned technologies stemmed from three main companies, including IBM, ConsenSys, and Chainyard, and three main cities, including San Francisco, New York City, and Atlanta.

Although the demand for blockchain developers is incredibly high, the crypto rout has undeniably stagnated this growth, as many companies in the blockchain sector have been impacted by the market crash.

ConsenSys, who LinkedIn notes as being one of the biggest blockchain employers, recently underwent a company restructuring that resulted in 13% of the companys staff being cut.

The restructuring, which has been dubbed as ConsenSys 2.0 by the companys leaders, will result in more rigorous milestones and will lead to increased focus on the projects with the most long-term potential, while the more experimental and risky projects will be cut.

Blockchain Industry Not Going Anywhere

Although the blockchain industry may be starting to feel some pressure resulting from the cryptocurrency market crash, it still has a significant amount of growth ahead of it.

Recently,...

09:58

Cameroon Separatists Create Cryptocurrency Called AmbaCoin News CCN

A separatist government in Cameroons semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as the official currency of the Federal Republic of Ambazonia, the currently unrecognised country that separatists are pushing to actualise. QZ Africa reports

The post Cameroon Separatists Create Cryptocurrency Called AmbaCoin appeared first on CCN

09:48

Bitcoin to Be Worth Great Deal More in Three Years, Circle Co-Founder Says Cointelegraph.com News

Jeremy Allaire, co-founder of crypto finance company Circle, believes that Bitcoin will be worth a great deal more in three years

09:30

Bahrains Central Bank Issues Draft Crypto Regulations Bitcoin News

Bahrains Central Bank Issues Draft Crypto Regulations

The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the countrys crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.  

Also read: New Bitcoin ATM Tracker Site Launches in Russia

Addressing Market Demand

Bahrains Central Bank Issues Draft Crypto RegulationsThe regulations have been released for consultation and the bank has set Dec. 31 as the deadline for providing feedback. The proposals have been published on the banks website, local media reported.

The comprehensive rules cover the implementation of a licensing regime for companies operating cryptocurrency trading platforms. A supervisory mechanism for...

09:15

Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities News CCN

In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin offering (ICO) projects the firm has invested in could be considered as securities under U.S. regulations. Morehead wrote: While we believe the vast majority of the projects in our portfolio should not be affected, approximately

The post Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities appeared first on CCN

08:40

Coinbase Revamps PayPal Withdrawals for US Crypto Users CoinDesk

Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts.

08:36

Swiss Federal Council: Existing Financial Law Should Be Adjusted to Blockchain Industry Cointelegraph.com News

The Swiss Bundesrat said that existing financial law in the country suits the blockchain industry, but needs some tech-specific adjustments

08:30

Teen Bitcoin Millionaire: Bitcoin is Pretty Much Dead NewsBTC

One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire in his teens by investing money that his grandmother had gifted him, starting as early as 2011.

At the height of the Bitcoin bull market of 2017, Finmans stack was worth an impressive $4 million. There is no indication just how much much of this he still holds, however.

Erik Finman: Bitcoin and Litecoin Dying, Ether, BCH, and Zcash Show Promise

Erik Finman hit headlines this January for his remarkable story. Starting in 2011, the then 12-year-old was buying cryptocurrency with some money his grandmother had given to him. According to a report in Market Watch, by catching on to the technological innovation early, the teenager was able to turn just $1,000 into over $4 million.

Despite being the cause of his success, Finman is now of the opinion that Bitcoin is in trouble:

Bitcoin is dead, its too fragmented, theres tons of infighting I just dont think it will last It may have a bull market or two left in it, but long-term, its dead.

Interestingly enough, much of the infighting within Bitcoin has actually died down since the August hard fork last year, which created Bitcoin Cash. This is because many of those arguing for scaling by increasing the size of the blocks themselves left the community to support and use the offshoot currency, evangelised by Roger Ver and Craig Fake Satoshi Wright.

Bizarrely, the teenage investor believes that Bitcoin Cash is actually a better bet than the original Bitcoin. He told the publication that it had great technology but had been marketed terribly. It seems strange that Finman would critique Bitcoins infighting and be more optimistic about Bitcoin Cash when it was the latter that has just undergone a far uglier hard fork than that of last August. This recent incident involved threats of 51% attacks and plenty of other mudslinging.

Perhaps Fin...

08:10

Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire News CCN

The bitcoin price will rocket over the next three years, and cryptocurrency valuations will spike accordingly, says Jeremy Allaire, the co-founder and CEO of Circle, a peer-to-peer payments technology company backed by Goldman Sachs. While Allaire was reticent to set a specific bitcoin price target, he predicts that its value will unquestionably be a lot higher in

The post Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire appeared first on CCN

07:58

European Parliament Calls for Increased Blockchain Adoption in Trade Cointelegraph.com News

The European Parliament has released a provisional resolution calling for increased adoption of blockchain technology in trade

07:55

SEC Chair Optimistic DLT and Crypto Will Drive Investment Opportunities Bitcoin News

Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U.S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will facilitate capital formation. Clayton also discussed the enforcement actions taken by the SEC in regulating initial coin offerings (ICOs).

Also Read: New Bitcoin ATM Tracker Site Launches in Russia 

SEC Chair Believes Crypto and DLT Will Generate Capital Formation

SEC Chair 'Optimistic' DLT and Crypto Will Drive Investment OpportunitiesJay Clayton stated that he is optimistic that the developing DLT sector will facilitate capital formation and provide investment opportunities for both institutional and Main Street investors.

The SEC chairman praised the commissions regulatory apparatus pertaining to cryp...

07:36

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In the second part of Lukes interview with our man on the ground Bob in France. He believes the Yellow Vests are just getting started and they can change the world.

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07:05

Bitcoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 14 Cointelegraph.com News

The number of crypto users doubled by Q3 2018, according to new research. Does this signal a likely recovery in the near future? Lets look at the charts

07:03

Robinhood Didnt Consult Regulators on New Checking & Savings Account Products News CCN

Robinhood, the crypto-friendly stock trading application, recently launched a plan to offer checking and savings accounts. The accounts have a minimum 3% interest. It is part of their plan to become the worlds most used financial technology application. Co-CEO Baiju Bhatt said to CNBC at the time of the announcement: If we roll this product

The post Robinhood Didnt Consult Regulators on New Checking & Savings Account Products appeared first on CCN

07:00

Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt NewsBTC

Bakkt CEO, Kelly Loeffler, and the Intercontinental Exchange chairman, Jeff Sprecher, recently spoke to MIT Media Labs Michael Casey at CoinDesks Consensus: Invest Conference. The chat was broadcast via the Inside the ICE House podcast earlier today.

The two CEOs talked in depth about their plans for the much-anticipated Bakkt platform, including what makes it different to other products already out there today, and why it will only focus on Bitcoin to begin with.

Will Bakkts Federally Regulated Price Discovery be Good for Bitcoin?

The conversation between Loeffler, Sprecher, and Casey began with a simple enough question: Does price matter to you?

Loeffler responded first that it made little difference to the use of digital assets what they were priced at. The CEO went on to muse about the future of crypto more generally, particularly set within the context of the current bear market:

When I think about what were doing at Bakkt what our peers in this space are doing, what all of you in this room are doing, I think about the headlines today, Will Digital Assets Survive? and Id say the unequivocal answer is yes.

This led smoothly on to perhaps the most oft-repeated topic of conversation during the presentation. Both Loeffler and Sprecher hold that the most important thing Bakkt would bring to digital currency was fully regulated price discovery for the first time ever. This, the pair agreed, was the primary focus of the platform. Sprecher stated:

We develop systems where there can be transparent and competent price discovery.

Loeffler added that institutions needed certainty before they would take the plunge into the world of cryptocurrency. One way of achieving such certainty was by being fully regulatory compliant at the Federal level something that Bakkt is keen to achieve.

Another way to inspire confidence from the various institutions that the ICE networks with is by having a price discovery method that is free from manipulation. Since Bitcoin is the only digital asset currently recognised by the US government as a ...

06:25

Bahrain Central Bank Publishes Draft Cryptocurrency Regulations News CCN

The central bank of Bahrain has kicked off a consultative process on cryptocurrency platforms in the kingdom by publishing the relevant draft regulations. According to the Bahrain News Agency, the draft rules which target the operations of crypto-asset platforms aim to provide a regulatory framework for the supervision and licensing of these services.

The post Bahrain Central Bank Publishes Draft Cryptocurrency Regulations appeared first on CCN

05:43

Op Ed: Bitcoin Is a Declaration of Our Monetary Independence Bitcoin Magazine

Nick Spanos

Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the worlds first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange as immortalized in the Netflix documentary Banking on Bitcoin. As part of Bitcoin Magazines series of interviews and op eds leading up to the 10th Anniversary of Bitcoin, Nick shares his thoughts an early Bitcoin adopter.

Before Bitcoin, I worked tirelessly for liberty-minded political candidates for many years. These candidates, the most prominent of whom was Dr. Ron Paul, spoke out against the Federal Reserve Bank because of its role in inflating the money supply which devalued the life savings of hard-working people. In almost every case, the mass media would sharply (and often unfairly) attack the image of the candidate with half-truths and misinformation, decimating our poll numbers, until they were sure that we would be defeated on Election Day. No matter how hard we worked or how much money we raised, we were no match for what I call the political bosses of today, the mainstream media.

After two decades of struggle, I thought I had wasted my life fighting unwinnable battles. Then one day, I read the Bitcoin white paper. I read it half a dozen times and I thought, Finally, I have a weapon that cannot be destroyed on Election Day.

Bitcoin for me is not an instrument for financial investment. Bitcoin for me is a declaration of our monetary independence.

When I started the Bitcoin Center in 2013, I had a flourishing real estate business in downtown New York. I had an established career in developing technologies for political campaigns. Because of bitcoins reputation in the mainstream media back then, I knew that many of my relationships would be destroyed if I emerged as a public figure in the cryptocurrency space.

When I launched the center, a press release was sent out revealing me as the founder even though I never wanted that information to go public. Immediately, concerned friends and family started calling me, asking me what I was getting myself into and wondering if I had lost my mind. Bitcoin was for illicit activities on the internet, they told me. This is nothing but video game money, said others.

My life mission of personal freedom was more powerful than anything anyone could ever say to me.

I knew I had to bring Bitcoin out of the back alleys and onto Wall Street for the world to take it seriously. So, for many years, by day, we taught reporters, stockbrokers, students, technologists and tour groups about bitcoin, for free, and by night, bitcoin and other cryptocurrencies were traded on the worlds first live cryptocurren...

05:40

Binance Adds USDC Trading Pairs Stellar and Ripple Represented News CCN

Binance announced Friday that it would be adding a few new USD Coin pairs and moving its two existing USDC pairs into the combined stablecoin market called USD. Both ripple (XRP) and stellar (XLM) will have USD Coin pairs, in addition to their existing stablecoin pairs. The move involves the cancelling of any trades that

The post Binance Adds USDC Trading Pairs Stellar and Ripple Represented appeared first on CCN

05:30

Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge NewsBTC

Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Todays drop has led the overall cryptocurrency market capitalization down to $102 billion, a level not seen since August of 2017.

At the time of writing, Bitcoin (BTC) is trading down nearly 6% at its current price of $3,230, down from its 24-hour highs of $3,430. Bitcoins previous 2018 low was set on December 7th when it fell to just under $3,300.

Analysts Expect Bitcoin to Fall Below $3,000

The markets current instability is leading to a general consensus among analysts that it is only a matter of time before Bitcoin falls below the important psychological price level of $3,000.

While speaking about Bitcoins current price action, Nick Cawley, an analyst at Daily FX, said that based on his technical analysis, Bitcoins short-term price action is leading it towards $2,970.

Bitcoin looks set to fall below $3,000 in the short-term with the $2,970 Sept. 15, 2017, swing-low the next target. Below here, horizontal support at $1,760 off the July 18 [2017] low comes into play in the longer-term.

DonAlt (@CryptoDonAlt), a popular cryptocurrency analyst on Twitter, told his nearly-80 thousand followers that he also expects BTC to dip into the $2,000 region, with a good buy target being at the $2,700 level.

As BTC is approaching the target of the 2014 fractal the targets of most people change from 3k to 1k and even lower. I still think 2.7k is an excellent place to buy if we should go there, he said, further adding that right now is not the best place to add new short positions.

Altcoins Plummet Amidst Bitcoin Instability

Bitcoins instability has led the vast majority of altcoins to plummet, with Bitcoin Cash and Stellar Lumens leading todays market plunge.

At the time of writing, Bitcoin Cash (BCH) is trading down 15% at its current price of $82, setting a fresh all-time-low. Ever since Bitcoin Cashs hard fork event on November 15th, the cryptocurrency has been spiraling downwards, and is showing few signs of fundamental strength as...

05:30

Brazilian Premier League Soccer Club Launches Crypto 'Fan Tokens' Cointelegraph.com News

A soccer club from the Brazilian premier league, Atletico Mineiro, joins Paris Saint-Germain and Juventus in launching its own fan token

05:00

This Binance Labs-Backed Crypto Startup Wants to Anonymize Everything CoinDesk

Nym Technologies, a stealth startup sporting a roster of privacy activists and cryptography experts, plans "to anonymize the world."

05:00

U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam Bitcoin News

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole 29 million (about $32.5 million) from the exchange in February. The company claimed it fell victim to an elaborate scam orchestrated in collusion with three of its clients. 

Also read: Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Exchange Enters Into Voluntary Administration

The administration means that investors cannot deposit or withdraw funds until further notice. Its not clear how much worth of bitcoin the exchange was holding on behalf of customers at the time of closure.

Cubits has now appointed Steve Parker and Trevor Binyon of Opus Restructuring & Insolvency as joint administrators. In a statement, the company said it had failed to recover from the criminal act, which involved the accounts of three customers.

...

04:37

Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers News CCN

Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks the ones that result in irreversible network splits and create new blockchains were a net positive for their portfolios. How could they not be? they asked. Its free money! Indeed, at that point, the two

The post Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers appeared first on CCN

04:15

Bahrains Central Bank Publishes Draft Regulations on Crypto Assets Cointelegraph.com News

New crypto regulations, including license requirements for cryptocurrency service providers, have been drafted by Bahrains central bank

04:00

CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality NewsBTC

Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizens money.

However, the very technology powering crypto may be arming central authorities with even more control over the population and their money, which CoinShares Chief Strategy Officer Meltem Dimirors says may slowly be making her dystopian nightmares a reality.

Government Control Undermines Cryptos Original Intention

In a tweet this morning, CoinShares Chief Strategy Officer and Head of Treasury Meltem Demirors shared her fears that recent moves by governments like Venezuela and China, could be bringing her dystopian nightmares closer to reality.

Related Reading | Venezuelan President Orders Banks to Adopt Petro

Demirors is referencing both Venezuela forcing its citizens to transact with the countrys native, oil-backed cryptocurrency token, and Chinas plan to introduce its own digital currency that it will use to monitor and control the usage of its citizens.

China To Eliminate Cash, Control The Public Through Digital Currency

Not only will China begin using their own digital currency, but according to Fan Yifei, the deputy governor of Chinas central bank, the Peoples Bank of China (PBoC), the new digital currency will also entirely replace cash. Without fiat paper currency Chinese citizens will have every transaction closely monitored and will be subject to the governments control.

Former PBoC governor Zhou Xiaochuan set the project in motion before retiring earlier this year, as...

03:37

Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018 News CCN

In what is becoming a disturbingly common occurrence, the bitcoin price on Friday set yet another fresh yearly low, slinking below the $3,200 mark for the first time in 2018. The flagship cryptocurrencys move below $3,200 came shortly after 16:10 UTC, following an unsuccessful breakout attempt earlier in the week. As of the time of Continued

The post Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018 appeared first on CCN

03:20

Ethereum Chat Startup Status Lays Off 25% of Staff CoinDesk

Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.

03:00

Markets Update: Bears Continue to Drag Cryptocurrency Prices Down Bitcoin News

Markets Update: Bears Continue to Drag Cryptocurrency Prices Down

Digital asset prices have been dipping in value again after a few days of price consolidation. At the moment, the entire cryptocurrency economy is awfully close to dropping under the psychological $100 billion market valuation. Furthermore, since our last markets update cryptocurrency global trade volumes are weaker than usual, with only $11.5 billion worth of assets traded over the last 24 hours.

Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners

More Price Dips and Lower Trade Volumes

Crypto-market prices are sliding again as the top 10 digital assets have seen 24-hour losses between 2-13%. At the time of publication, the entire market capitalization of all the coins in existence is $104.2 billion today. Currently, bitcoin core (BTC) prices are down 3.8%, on Friday, and 2.8% over the course of the last week. This gives BTC a global average price of about $3,302 and the value is lower on certain exchanges. Moreover, bitcoin core has a market valuation of about $57.5 billion which is 55% dominance over the entire digital asset economy.

...

02:45

Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure NewsBTC

Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in the first place.

The Securities and Exchange Commission (SEC) has gone after these startups for reportedly violating existing securities laws. The US regulator found irregularities in the way companies raised funds, mainly by approaching average Joes instead of sophisticated, accredited investors to raise capital. As a result, the commission issued heavy penalties against the accused blockchain projects, which include the order of returning funds to the investors.

Even Big Crypto Projects Struggling

It could be one of the reasons why even the most genuine startups could see massive declines in their token values. The funds that backed these unregistered assets may no longer be there to return them. Even the hedge fund managers that incorporated them into their crypto portfolios at the first place are now doubtful of their future.

Dan Morehead and Joey Krug, co-chief investment officers of Pantera Capital Management, revealed in their newsletter that their fund invested in 25% of the blockchain projects that violated the US securities law, adding that they may have to refund their backers.

If any of these projects are deemed to be securities, the SECs position could adversely affect them, they wrote. Of these projects, about a third (approximately 10 percent of the portfolio) is live and functional and, while they could technically continue without further development, ending development would hinder their progress.

The funds could also end up paying the bills for offering unregistered securities in...

02:23

Porsche Arranges $170m Loan Using BBVAs Blockchain Platform News CCN

Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVAs ever-developing distributed ledger technology (DLT) platform. The loan, valued at 150 million (the equivalent of nearly $170 million USD) is, says a press release from BBVA: The first acquisition term loan ever arranged through blockchain technology. Acquisition term loans Continued

The post Porsche Arranges $170m Loan Using BBVAs Blockchain Platform appeared first on CCN

02:22

US Credit Union Blockchain Consortium Joins R3's Global Ecosystem Cointelegraph.com News

CULedger, a U.S. credit union service organization-owned blockchain consortium, has joined enterprise software firm R3s global blockchain ecosystem

02:00

EU Parliament Calls for Action on Blockchain Adoption in Trade CoinDesk

The European Parliament has called for measures that would prepare the region to use blockchain to benefit trade.

01:45

These Two Analogies Will Help You Explain Bitcoin to Anyone Bitcoin News

These Two Analogies Will Help You Explain Bitcoin to Anyone

Explaining Bitcoin to someone who knows nothing about Bitcoin isnt easy. In fact its fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone whos never peeled one. Two new Bitcoin analogies surfaced this week, however, that should make that task easier.

Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners

How to Explain Bitcoin to Anyone

These Two Analogies Will Help You Explain Bitcoin to AnyoneComplete the following sentence: Bitcoin is like ____. Defining Bitcoin isnt easy; hell, even bitcoiners cant agree on what the cryptocurrency is designed for, be it a store of value, medium of exchange, or a form of censorship-resistant money. Its no surprise, therefore, that well-intentioned attempts at explaining Bitcoin to beginners can go awry. Two very different but equally compelling analogies provide a fresh take on Bitcoin. One lik...

01:35

Major Spanish Bank BBVA Closes 150 Mln Loan With Porsche Holding Using Blockchain Cointelegraph.com News

Spains second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a 150 million loan using blockchain with Porsche Holdings, the largest car distributor in Europe

01:13

While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions News CCN

Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling crypto Continued

The post While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions appeared first on CCN

01:10

Crypto-Friendly Money App Revolut Wins EU Banking License CoinDesk

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

01:00

XYO Network Partners With Esri For Blockchain Enabled Geographic Information System News CCN

XYO Network, a blockchain-based geographic information system (GIS) with an Ethereum token and its own blockchain network, announced today a partnership with Esri, one of the worlds oldest and largest GIS systems and mapmakers, a company founded in 1969. The partnership came about when XYO hired a former Esri employee and the partnership became an Continued

The post XYO Network Partners With Esri For Blockchain Enabled Geographic Information System appeared first on CCN

00:16

Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard Cointelegraph.com News

Bitcoin Cash tanks 13 percent as major cryptocurrencies all fall hard

00:06

VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto News CCN

Following recent comments by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed, VanEck Head of Digital Assets Gabor Gurbacs has stated that the insurance industry is in greater need or comprehensive regulation than cryptocurrency. In a now-deleted post on his Twitter account, Gurbacs made the point that the behaviour of insurance companies toward investors and customers Continued

The post VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto appeared first on CCN

00:00

Sephora Shoppers Are Getting Their First Bitcoin Using Crypto Startup Lolli CoinDesk

Sephora has joined the list of retailers at which shoppers can earn bitcoin rewards via the Lolli app.

Go Back:30 Days | 7 Days | 2 Days | 1 Day

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23:45

New Bitcoin ATM Tracker Site Launches in Russia Bitcoin News

New Bitcoin ATM Tracker Site Launches in Russia

A new website showing a map of cryptocurrency teller machines and other points of sale has been launched in Russia. The platform currently provides information about bitcoin ATM locations in the city of Moscow but its developers plan to expand its coverage globally.

Also read: French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

Cryptocoinmap Has Some Useful Features

Cryptocoinmap.ru is quite similar in design to the popular bitcoin ATM tracker website Coinatmradar. At this early stage, theres still a lot of room for improvement but the platform already has some unique features. It has been created by two Russian companies, Nanobit and Sova.rf, which have already expressed their intentions to continue to develop it.

At present, Cryptocoinmap shows several locations in the Russian capital where crypto enthusiasts are able to trade fiat with digital money. Six of them are bitcoin ATMs, where residents and visitors of Moscow can buy cryptocurrencies, and one is an exchange which sells and buys virtual coins. The website provides information about their addresses, phone numbers and business hours as well as images of the surroundings.

...

23:45

Top Crypto Exchange Binance Adds Circles USDC to Its Combined Stablecoin Market Cointelegraph.com News

Major crypto exchange Binance has added Circles USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market

23:21

US Government Tells Bitcoin Bomb Scam Victims to Inform FBI, Not Pay Ransom Money Cointelegraph.com News

Dont respond to Bitcoin bomb scammers or pay them ransom money, U.S. govt agency tells victims

23:01

Blockchain Development is LinkedIns Biggest Growing Job Sector News CCN

Today, Microsoft-owned LinkedIn released its top 5 emerging careers, where it listed  Blockchain Developer as its biggest growing job sector for 2018. According to LinkedIns 2018 U.S. Emerging Jobs Report, job listings for engineers who can develop distributed ledgers with P2P technology have grown 33 times this year. In the second place, and by quite Continued

The post Blockchain Development is LinkedIns Biggest Growing Job Sector appeared first on CCN

23:00

Blockchain Developer Role Tops LinkedIns 2018 Emerging Jobs List CoinDesk

The role of blockchain developer has leaped straight to the top of LinkedIn's list of emerging jobs for 2018.

23:00

CEO: Crypto Plunge is Healthy, Bitcoin Remains a Great Investment NewsBTC

Since the bear market hit the crypto ecosystem head-on, investors exposed to this helter-skelter asset class have been deterred at large. Not only have the value of cryptocurrencies, such as Bitcoin (BTC), declined drastically, but hype and interest surrounding this market have largely been exhausted. Nevertheless, there remain many libertarian-leaning zealots that will hold on to cryptocurrencies, even until the bitter end. And as such, it should come as no surprise that Bitcoins fanatics have come to its defense at a dreary time.

Potential Payoff In Crypto Presents Nice Opportunity 

As bears have struck with no holds barred, Bloomberg TV has called upon a number of cryptos eminent insiders to get an inside scoop. Most recently, the famed financial news outlet brought on Eric Ervin, the chief executive at U.S.-based Blockforce Capital.

Subjecting the CEO to answering run of the mill inquiries, anchor Emily Chang asked what Bitcoins 82% year-to-date drawdown has meant for crypto en bloc. Ervin noted that his firm, like many other crypto-centric asset managers, regards cryptocurrencies as a long-term opportunity, rather than the short-term money grab that cryptos skeptics paint it to be. More specifically, the cryptocurrency proponent likened blockchain-based assets to the venture capital ecosystem, explaining that investing in cryptos should be addressed with a three-year time horizon. Ervin elaborated on cryptos prospects as an investable instrument, stating:

Because it is so inefficient, and there are so many operational risks that are yet to be solved, this creates an opportunity for investors that are willing to wade into the shallow end and start to invest in the asset.

Echoing comments from a multitude of his fellow industry pundits, the Blockforce representative then touched on how cryptocurrencies accentuate the hallmarks of an asymmetric risk profile. Ervin added that this emerging asset class, often likened to the Internet in the 90s, has the potential for copious upside, before maintaining that cryptocurrencies provide a nice opportunity for investors who can play their cards right.

Just days ago, on two distinct mainstream media segments, Travis Kling and Mark Yusko, two institutional investors turned crypto diehards, also lauded Bitcoin as a viable medium of portfolio diversification, even for investors deemed conservative and pro-traditionalist....

22:57

Blockchain Startup Civic Appoints Apple Veteran as Executive Director of Identity.com Cointelegraph.com News

Blockchain startup Civic has appointed Apple veteran Phillip Shoemaker as executive director of Identity.com, its Ethereum blockchain-based, decentralized identity platform

22:44

Its ICO Portfolio Could See 25 Percent Refund Rates Over Non-Compliance, Says Pantera Capital Cointelegraph.com News

Ongoing compliance crackdown in the U.S. sparks warning from Pantera Capital, with 25 percent of its ICO portfolio at risk

22:00

Bitcoin Price Defies Oversold Conditions to Hit 15-Month Low CoinDesk

Bitcoin tumbled to 15-month lows earlier today, dashing hopes of a rally signaled by current extreme oversold conditions.

21:57

Amuns Crypto ETP Volume Spikes: Sign Of Bitcoin Accumulation? NewsBTC

Just weeks ago, as Bitcoin (BTC) walked the fine line between a breakout and lower lows, Amun, a London-based fintech firm, suddenly divulged that it was slated to launch its HODL5 exchange-traded product (ETP) on Switzerlands SIX exchange. Amuns announcement instantaneously garnered attention from the bulk of the cryptospheres eyes and ears, with everyone and their mother discussing thegame-changing vehicle, which put a spotlight on BTC, Ethereum (ETH), and XRP.

Speaking with Financial Times regarding the product, Amun CEO and co-founder Hany Rashwan explained that the ETP would be an enticing offering for both institutional players and retail traders alike, as it would provide secure and regulatory-compliant exposure to cryptocurrencies.  And with that in mind, HODL5 became the rallying cry for cryptos bulls blinded by hopium, who stated that the SIX-listed instrument could catalyze a jaw-dropping reversal. Yet, upon its launch, the performance of Amuns crypto foray was lackluster at best, dismal at worst.

Interest In Switzerland Multi-Crypto ETP Surges

As reported by NewsBTC, HODL5, while the most-traded ETP on SIX, saw little-to-zero interest during its first day on public markets, posting an insignificant $400,000 in volume. Such a figure was, of course, a far cry from the millions in volume that optimists were clamoring for. Many chalked up the fleeting interest to a number of factors, namely the fact that SIX has only been classified as Earths 13th largest stock exchange, posting a market capitalization of $1.6 trillion, a mere seven percent of the S&P 500.

Industry analysts and commentators looking to find a rationale behind the lack of volume aimed their scopes at other nuances. Some attributed the HODL5s initially scant volume to Amuns inability to captivate the business and wallets of SIXs institutional clients, the vehicles targeted constituency. Moreover, these skeptics added that such market participants didnt believe that the crypto market was poised to reverse its multi-month downtrend.

However, with a recent tweet from Su Zhu, the chief executive and investment officer at Singapore-based Three Arrows Capital, Amuns fortunes may actually be turning for the better, despite the further decline in the Bitcoin price.

On Thursday and Friday of last week, as BTC freefell to establish a year-to-date low in the $3,200 range, Switzerlands only ETP surprisingl...

21:56

Pay up or Else: Bitcoin Bomb Threat Emails Show up in New Zealand and Australia News CCN

Investigations are underway in Australia and New Zealand following reports of bomb threats where the sender is demanding a payment in bitcoin failure to which they will detonate an explosive device. The emails are believed to be similar to the ones that had earlier been received by various institutions and facilities in the United States

The post Pay up or Else: Bitcoin Bomb Threat Emails Show up in New Zealand and Australia appeared first on CCN

21:45

The Daily: Crashing Crypto Trader Shares Advice, Bitcoin Bandit Extradited Bitcoin News

In Fridays installment of The Daily, we update a story we first reported on yesterday the closure of stablecoin project Basis. Its team have now given the official reason for its cessation. Well begin, though, by covering a slice of crypto crime concerning bitcoin bandit Nicholas Truglia.

Also read: Digital Currency Platform Revolut Receives European Banking License

Bitcoin Bandit Faces Justice

The Daily: Crashing Crypto Trader Shares Advice, Bitcoin Bandit ExtraditedTruglia maintains his innocence

On Dec. 13, so-called bitcoin bandit Nicholas Truglia was extradited to California to face charges of hacking into the ph...

21:00

SeedCX Exchange Is Barring Employees from Crypto Trading CoinDesk

Seed CX has one of the crypto industrys strictest policies on employee trading. In a word: Dont.

21:00

Crypto and Blockchain Smartphones Will be The Next Big Thing NewsBTC

This week the crypto-sphere has been awash with talk about Samsung and its next generation flagship phone coming loaded with crypto goodies. While the company itself has dismissed the story according to reports, rivals are shipping out products that will no doubt keep Samsung on its toes.

Samsung Rumors Aplenty

The hype was instigated by a Samsung community website which ran a story on crypto cold storage functionality being included on the Galaxy S10. According to SamMobile which ran an exclusive a few days ago;

After hearing about the trademarks for Samsungs blockchain and cryptocurrency software, we decided to dig around a little deeper. We can confirm that the company is indeed developing one and that it may be launched with the Galaxy S10.

The story went on to tout a number of features such as a cold wallet for storing crypto, signing of public and private keys, and a wallet for transfers and viewing transaction history. The story was syndicated across the crypto media web building a level of hype akin to that when Facebook was rumored to be delving into digital coins. Even crypto warlord John McAfee commented;

Has Samsung ever made a strategic miscalculation? I think not. Crypto is not just here to stay. It is taking over. Listen market you damn well better keep up.

Contrary reports on Cointelegraph claimed that Samsung has refuted the story labeling it as speculation. Unfortunately we are unable to provide any information as the below is rumor and speculation, the South Korean tech giant reportedly said.

The fact is that Samsung has filed for several blockchain and crypto related patents including those regarding storage and cold wallets, so putting two and two together SamMobile garnered a lot of traffic for itself.

The company is remaining tight lipped but the launch of a blockchain powered smartphone with cryptocurrency transaction capabilities is only a matter of time. The two technologies go hand in hand making micro-payments instantly while on the move would be better with a dedicated smartphone than a clunky laptop.

Rival phone maker HTC is already on the ball with the launch of its Exodus 1 blockchain phone this week. Reviews are already hitting the web and it was announced that the device would come preloaded with the Brave decentralized browser that is powered by the BAT token whi...

20:00

US Government Issues Advice Over Bitcoin Bomb Threat Emails CoinDesk

The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.

20:00

Cryptocurrency Market Update: The Friday Dump is Getting Tedious NewsBTC

FOMO Moments

Cryptocurrency markets in predictable pain as the week ends; Bitcoin Cash, SV, getting killed, Stellar not far behind.

As if scripted by some kind of delirious director, crypto markets are dumping again this Friday. The same thing happened last Friday and the one before that and the end of week selloff is getting a little tedious.

Bitcoin fell to its yearly low again a few hours ago when it dumped 5% from over $3,400 to below $3,290. This marks a revisit to the 2018 low BTC made on December 8, almost a week ago. As before BTC managed to bounce off this weak support zone but it wont be three times lucky if all the analysts are to be believed.

Ethereum is forever losing ground as it drops even further, another 3.5% on the day taking it back to around $85 the lowest ETH price for 18 months.

Altcoins are bleeding again as we end another painful week in crypto land. Without even looking at the top ten you can probably make a good guess which one is falling the most. Bitcoin Cash yet again is getting hammered with a 9% plunge back to $85. Its rival Bitcoin SV is taking a similar beating and Stellar is not far behind with a 6% slide.

Most altcoins in the top twenty are losing 4-6 percent since yesterday at the time of writing. Only Ethereum Classic and Maker are treading water with no losses on the day so far.

As usual there are a couple of fomo pumps occurring and the lucky teams today include Dentacoin and Waves, the only two cryptos making double digits. Again, from the same script as the Friday dump, are the altcoins in pain today, namely yesterdays fomo spikes Bitcoin Private, DEX, WAX and Factom dumping double figures.

Total market capitalization is almost back to its lowest level for 2018. Dropping 3.7% on the day markets are just below $105 billion at the moment not far to go to set a new record low. After reaching a weekly peak of $117 billion markets have dumped back to last weekends low levels and the likelihood of them dropping further is high.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

The post...

19:48

PayPal Gets into Blockchain, But Only Internally Among Employees for Now News CCN

Payments platform PayPal has so far avoided Bitcoin acceptance and, at least visibly, not considered blockchain for its platform. Now, it has launched an internal blockchain-based employee incentive program. A production of PayPals innovation lab, in San Jose, California, the platform took 25 strong team six-months to build and went live this November, according to

The post PayPal Gets into Blockchain, But Only Internally Among Employees for Now appeared first on CCN

19:20

Chatter Report: Voorhees Questions Smart Money, Sechet Explains Miners Dont Vote Declaration Bitcoin News

Voorhees Questions Crypto VC Smart Money, Sechet Explains Pacias 'Miners Dont Vote Declaration

In todays Chatter Report, Erik Voorhees criticizes cryptocurrency-focused venture capital firms for reneging on their signed term sheet deals. Also, Steve Patterson calls out Amaury Sechet over Chris Pacias comment that miners dont vote. Lastly, imaginary_username contemplates on the different roles of miners and users in Bitcoin. 

Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol

Crypto Venture Capital Firms Renege on Term Sheets

Founder of Digital Currency Group Barry Silbert revealed on Twitter recently that Venture Capital firms that invest in cryptocurrency-related startups have been reneging on their signed term sheet deals.

Silbert later pointed out in the comments that most large deals were unaffected by this phenomenon. However, its t...

19:00

Bitcoin Back at 2018 Low, Price Halved in a Month NewsBTC

A few hours ago Bitcoin revisited its lowest level in 2018. After a week of down trending and failure to break key resistance levels this latest plunge comes as no surprise.

Bitcoin Revisits 2018 Low

With a 5% slide Bitcoin dumped from $3,450 down to $3,284 during intraday trading. This repeats the yearly low it made almost a week ago on December 8. According to Coinmarketcap BTC fell sharply around 19.00 UTC after spending most of the week above $3,400.

Bitcoin reached $3,680 briefly on Monday but has been in a downward slide ever since, hitting the bottom a couple of hours ago before rebounding a little. At the time of writing BTC was trading at just over $3,300. It is the second time it has hit this level and is likely to stay there for a while before falling further.

Bitcoin has almost halved since the same time last month when it was trading closer to $6,400. Since all-time high, a year ago next week, Bitcoin has hemorrhaged 83.6% to its current low. Previous crashes have been worse however so the daddy of digital currencies is not out of the woods yet.

Analysts have predicted a fall to $3,000 which is looking more likely every day as markets weaken further. Fridays have been particularly painful in crypto land for the past few weeks. Last Friday saw a $15 billion dump to a new low for the year and previous ones have not been much better.

Total cryptocurrency market capitalization has not quite hit a new low at the moment but is very close to it. With a level of just below $105 billion at the time of writing it does not have that far to go and the weekend could see things plunge below the psychological barrier of $100 billion.

The near future sees no catalyzing factors to reverse this trend and crypto aficionados are pinning hopes on institutional heavyweights such as Bakkt and Fidelity getting their products off the launch pad.

The general public, fed by mainstream media FUD, has largely written off Bitcoin and cryptocurrencies as a flash in the pan. Only t...

18:45

Russian Deputy PM: Crypto Downturn Justifies Caution in Enforcing Regulation News CCN

The Deputy Prime Minister of Russia, Maxim Akimov believes the current downturn in the market justifies caution in enforcing cryptocurrency regulation, Russian Finmarket reports. This statement comes after Mr. Akimov announced that the authors of Russias current daft cryptocurrency legislation to make amendments to the bill. The bills On Digital Financial Assets- which was adopted

The post Russian Deputy PM: Crypto Downturn Justifies Caution in Enforcing Regulation appeared first on CCN

18:00

Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3,000 NewsBTC

Key Points

  • Bitcoin price declined further and broke the $3,295 and $3,200 supports against the US Dollar.
  • There was a break below a major contracting triangle with support at $3,355 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The price traded to a new weekly low at $3,150 and it is currently correcting losses.

Bitcoin price declined below the $3,200 support recently against the US Dollar. BTC could continue to face a lot of selling interest near the $3,350 and $3,375 levels.

Bitcoin Price Analysis

Yesterday, we discussed the chances of a fresh weekly low below $3,200 in bitcoin price against the US Dollar. The BTC/USD pair did trade lower and broke the $3,295 and $3,260 support levels. The price even broke the $3,200 support area to signal a major bearish wave. A new weekly low was formed at $3,150 and it seems like the price remains in a significant downtrend.

During the decline, there was a break below a major contracting triangle with support at $3,355 on the hourly chart of the BTC/USD pair. The pair is now trading well below the $3,400 level and the 100 hourly simple moving average. It recently corrected above the $3,230 level and the 23.6% Fib retracement level of the last slide from the $3,491 high to $3,150 low. However, buyers struggled to clear the $3,265-3,300 resistance zone. The next major hurdle is near the $3,360 level. It coincides with the 61.8% Fib retracement level of the last slide from the $3,491 high to $3,150 low. Besides, the triangle resistance trend line is at $3,375 to prevent gains.

Bitcoin Price Analysis BTC Chart

Looking at the chart, bitcoin price is clearly trading in a bearish zone below $3,375. There could be more losses below $3,150 and $3,000 in the near term.

Looking at the technical indicators:

Hourly MACD The MACD for BTC/USD is slowly reducing its bearish slope.

Hourly RSI (Relative Strength Index) The RSI is still well below the 40 level.

Major Support Level $3,200

Major Resistance Level $3,375

The post Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3,000 appeared first on...

17:34

Venezuela Starts Converting Pensioners Payments to Crypto Petro: Report News CCN

The government of Venezuela has reportedly started converting pensioners monthly payments from the countrys fiat currency, the bolivar, to its oil-backed cryptocurrency Petro, without giving them a choice. According to the Caracas Chronicles, a politics and economics-focused website based in Venezuela, the countrys pensioners are notified every time their monthly payments arrive, but this time

The post Venezuela Starts Converting Pensioners Payments to Crypto Petro: Report appeared first on CCN

17:00

Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis NewsBTC

Key Points

  • The total crypto market cap failed to gain pace and declined below $100.00B.
  • Stellar (XLM) price declined more than 6% and broke the $0.120 support.
  • Bitcoin cash price fell sharply by around 10% and broke the $90 support.
  • Tron (TRX) is still stuck above the $0.0130 support level.
  • Cardano (ADA) price declined once again below $0.0300 and it may slide further.

Bitcoin cash declined heavily and broke the $95 and $90 supports. Stellar (XLM), Tron (TRX) and Cardano (ADA) are currently under pressure and they may slide further.

Bitcoin Cash Price Analysis

During the past few hours, there was a sharp increase in selling pressure on bitcoin cash below the $95 support. BCH/USD declined more than 10% and traded below the $90 support. If the current decline extends, the price may slide further towards the $85 support.

If there is an upside correction, the price may find resistance near the $90 and $92 levels. On the flip side, a break below $85 may push the price towards $80.

Stellar (XLM), Tron (TRX) and ADA Price Analysis

Stellar price declined below the $0.1200 support area to move into a bearish zone. XLM is down more than 6% and it seems to be approaching the $0.1000 support area. On the upside, the previous support at $0.1200 may now act as a resistance.

Tron price remained stable and there was no major decline below the $0.0130 support. TRX price seems to be preparing for the next crucial break either above the $0.0150 level or below $0.0120.

Cardano price failed to stay above the $0.0300 support and declined recently. ADA price is down around 4% and it could extend the current decline towards the $0.0290 or $0.0285 support level.

Crypto Market Cap Total

Looking at the total cryptocurrency market cap hourly chart, there was a sharp bearish reaction near the $106.00B level and a bearish trend line. The market cap declined sharply and even spiked below the $100.00B level. It seems like the crypto market is under a lot of bearish pressure and the market cap could even decline below $98.00B, sparking more losses in Bitcoin,...

16:30

Bitcoin Price Drops to New Yearly Low at $3,200: Whats Causing the Decline? News CCN

On December 14, following a fairly large sell-off from the $3,400 region, the Bitcoin price dropped to a new yearly low at $3,200. As Bitcoin (BTC) declined in value, other major cryptocurrencies including Ethereum (ETH), Stellar (XLM), and Bitcoin Cash (BCH) experienced large losses against the U.S. dollar, with BCH falling by more than 11

The post Bitcoin Price Drops to New Yearly Low at $3,200: Whats Causing the Decline? appeared first on CCN

16:06

Violent Delights Lead to Violent Ends: Rebuilding After the Crypto Crash CoinDesk

While emerging assets are always turbulent, 2018 has been an especially violent year for the crypto markets. Lessons need to be learned.

16:00

Ripple Price Analysis: Break Below $0.2900 Could Speed Up XRP Losses NewsBTC

Key Highlights

  • Ripple price seems to be struggling to clear the $0.3100 resistance area against the US dollar.
  • There is a key bearish trend line formed with resistance at $0.3025 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could decline heavily if there is a break below the $0.2900 and $0.2880 supports.

Ripple price is under pressure against the US Dollar and Bitcoin. XRP/USD failed to move past $0.3100 and now it could decline further towards $0.2650.

Ripple Price Analysis

There was a decent base formed near $0.2920 in ripple price against the US Dollar. The XRP/USD pair traded higher and broke the $0.3000 resistance area. However, buyers struggled to clear the $0.3090-0.3100 resistance. As a result, the price declined below $0.3020 and the 100 hourly simple moving average. The price retested the $0.2920 support area, which is currently protecting further losses.

An initial resistance is the $0.3000 level and the 23.6% Fib retracement level of the recent decline from the $.3090 high to $0.2924 low. The stated $0.3000 level also coincides with the 100 hourly SMA. Above $0.3000, there is a key bearish trend line formed with resistance at $0.3025 on the hourly chart of the XRP/USD pair. The trend line coincides with the 61.8% Fib retracement level of the recent decline from the $.3090 high to $0.2924 low. Therefore, the price is likely to struggle near $0.3000 and $0.3020 if it corrects higher. Above $0.3020, the next key resistance is at $0.3090-0.3100.

Ripple Price Analysis XRP Chart

Looking at the chart, ripple price remains at a risk of a sharp decline if there is a break below the $0.2900-0.2880 support area. The next main support below $0.2800 is near the $0.2650 level where buyers may emerge.

Looking at the technical indicators:

Hourly MACD The MACD for XRP/USD is slightly placed in the bearish zone.

Hourly RSI (Relative Strength Index) The RSI for XRP/USD is currently well below the 50 level.

Major Support Level $0.2900

Major Resistance Level $0.3020

The post Ripple Price Analysis: Break Below $0.2900 Could Speed...

16:00

Bitcoin and United States Dollar coinmill.com Currency Rates

0.00100 BTC = 3.26 USD
1.00 USD = 0.00031 BTC
Converter

15:55

Japans Monex Group Launching Crypto Exchange in the US Bitcoin News

Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

U.S. Expansion

Tokyo Stock Exchange-listed Monex Group (8698.T) held a business strategy briefing session on Wednesday to outline its U.S. expansion plan through its subsidiary Tradestation.

Japans Monex Group Launching Cryptocurrency Exchange in the USOki Matsumoto.

The group acquired Coincheck, one of Japans largest crypto exchanges, after it was hacked in January. Tradestation, a U.S.-based wholly owned subsidiary of the group, offers online electronic brokerage services to individual and institutional traders.

Monex CEO Oki Matsumoto said at the briefing that Tradestation plans to offer virtual currency transactions in the first quarter of 2019, Reuters reported. Tradestation CEO John Bartleman was quoted by Coin Post as saying:

...

15:30

SECs Crypto Czar Signals Some Flexibility on Token Offerings CoinDesk

No-action letters may be a way forward for crypto startups hoping to avoid securities classifications.

15:08

Ethereum Price Analysis: ETH Could Extend Losses Below $80 NewsBTC

Key Highlights

  • ETH price failed to recover above the $90 resistance and declined recently against the US Dollar.
  • There is a new connecting bearish trend line formed with resistance at $89 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is likely to decline further below the $83 and $80 support levels in the near term.

Ethereum price declined further below key supports against the US Dollar and bitcoin. ETH/USD could accelerate losses if there is a break below $80.

Ethereum Price Analysis

Recently, there was a minor upside move above $88 and $90 in ETH price against the US Dollar. The ETH/USD pair tested the $90 resistance area and faced a solid selling interest. As a result, there was a bearish reaction and the price declined below the $87 and $85 support levels. There was also a close below the $87 level and the 100 hourly simple moving average.

A new intraday low was formed at $82.99 and it seems like the price may decline further. It is currently correcting higher above $85. An initial resistance is the 50% Fib retracement level of the recent decline from the $90 high to $83 low. Moreover, there is a new connecting bearish trend line formed with resistance at $89 on the hourly chart of ETH/USD. An intermediate resistance is the 61.8% Fib retracement level of the recent decline from the $90 high to $83 low. It seems like there is a cluster of resistances formed between $88 and $90. Therefore, as long as the price is below $90, it may continue to decline.

Ethereum Price Analysis ETH Chart

Looking at the chart, ETH price could even break the $83 support level. The next key support is at $80, below which the price will most likely accelerate towards the $75 level.

Hourly MACD The MACD is now back in the bearish zone.

Hourly RSI The RSI is currently well below the 50 level and heading towards 30.

Major Support Level $80

Major Resistance Level $90

The post Ethereum Price Analysis: ETH Could Extend Losses Below $80 appeared first on NewsBTC...

14:25

South Korean Tech Giant Kakao Invests in Blockchain Project Orbs News CCN

Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created to serve as a pioneering public blockchain system offering unprecedented flexibility and utility, Orbs permits business dApp developers to deploy over a highly secure and liquid network that comes with

The post South Korean Tech Giant Kakao Invests in Blockchain Project Orbs appeared first on CCN

13:47

SoftBank May Sell Nvidia Shares But Not Because of Crypto Downturn News CCN

Nvidias share price has fallen 48 percent since October. Now, rumors have surfaced that SoftBank plans to sell its 4.9 percent share in the leading graphics chip maker. Bloomberg reporting has cited anonymous sources who allege that SoftBank, which through its Vision Fund acquired around $3 billion in Nvidia shares in 2017, could sell all

The post SoftBank May Sell Nvidia Shares But Not Because of Crypto Downturn appeared first on CCN

13:45

Tipping App Gitcash Returns With Plans to Make It Rain BCH on Github Bitcoin News

Tipping App Gitcash Returns With Plans to 'Make It Rain' BCH on Github

The Gitcash project has re-launched this week after taking a brief hiatus following the Bitcoin Cash hard fork. After returning, the Github tipping application has released a new splitting application for pre-fork bitcoin cash and this past Tipping Tuesday the Gitcash crew made it rain BCH on unsuspecting Github projects.

Also Read: Digital Currency Platform Revolut Receives European Banking License

Gitcash Returns to the BCH Community With a Splitting Tool

Tipping App Gitcash Returns With Plans to 'Make It Rain' BCH on GithubIn June, news.Bitcoin.com reported on the Gitcash.io platform, an application that enables bitcoin cash (BCH) tipping natively on the Github software development website. After the BCH fork that resulted in a b...

13:30

BOB MORIARTYs Outlook On 2019 (Video) "IndyWatch Feed Economics"

BOB MORIARTYs Outlook On 2019 Video Proven and Probable In a wide-ranging conversation, Bob Moriarty of 321 Gold discusses with Maurice Jackson of Proven and Probable geopolitics, economics, Bitcoin, precious metals and more.

The post BOB MORIARTYs Outlook On 2019 (Video) appeared first on The Daily Coin.

13:29

Europe Takes Serious Steps Toward Blockchain Adoption Cointelegraph.com News

Declarations, partnerships, agreements - Europe is making moves toward blockchain adoption

13:05

UCLA Launches First Accredited Blockchain Engineering Course News CCN

Blockchain courses are being adopted by more institutions as a way of teaching and equipping the next generation of crypto engineers to meet the ever-increasing demand for the technology and its applications. Now, the University of California, Los Angeles (UCLA) is gearing up to offer its first blockchain engineering course, thanks to a sizable donation from

The post UCLA Launches First Accredited Blockchain Engineering Course appeared first on CCN

12:52

LinkedIn Report: Blockchain Developer Leads List of Most Rapidly Growing Jobs Cointelegraph.com News

The recent 2018 U.S. Emerging Jobs report by LinkedIn has found that the role of blockchain developer is the fastest growing job in the U.S. in 2018

12:15

German Stock Exchange Giant to Launch Crypto Trading How it Will Affect the European Market News CCN

On December 12, Boerse Stuttgart, the second-biggest stock exchange in Germany and the ninth-largest in Europe, said in an official statement that it plans to introduce a crypto trading platform by the second quarter of 2019. Alexander Hptner, the CEO of Boerse Stuttgart GmbH, stated: With its combination of technology and banking expertise, solarisBank is

The post German Stock Exchange Giant to Launch Crypto Trading How it Will Affect the European Market appeared first on CCN

11:45

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Bitcoin News

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices.

Also read: Ukrainian Village Distributes Dividends From Crypto Investment

France Must Have Its Own Mining Farms

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency MinersAs part of a parliamentary mission to explore the implementation of crypto and blockchain technologies in Frances economy, two pro-crypto deputies, Jean-Michel Mis and Laure de La Raudire, have put forward a proposal to recognize mining as an electro-intensive activity. That status woul...

11:43

Church's Chicken Starts Accepting Dash in Venezuela After KFC Confusion Cointelegraph.com News

U.S. fast food chain Churchs Chicken has started accepting Dash payments at its locations in Venezuela.

11:12

Finland Hands Over Info for 2,700 Danish Traders to Denmarks Tax Agency Bitcoin Magazine

Denmark Finland Taxes

Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT).

According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.65 million worth of bitcoin (102.7 million kronor) between 2015 and 2017. A handful of these investors traded amounts between $1,105 and $110,450 (10,000 to 1,000,000 kronor), while the overwhelming majority traded an amount equal to or less than $1,105. Very few traded amounts over $110,450.

Right now we are identifying the individual citizens If something does not match, we will contact them and ask for more information, SKAT tax director Karin Bergen said in a statement.

This is probably just the tip of the iceberg. Although it is a relatively small bitcoin exchange, the information is a very valuable source, which clearly shows trends and patterns in the area. The knowledge we gain about data mining, segments and methods in general will make us wiser in the area and benefit from our guidance and control work, Bergen continued.

Bitcoin is a taxable asset under Denmarks 1903 Tax Act, which requires that taxes be paid on any goods purchased and resold for profit, and it is subject to a 53 percent capital gains tax, a hefty sum in line with other investments.

The news calls to mind a 2016 order the IRS issued to Coinbase, which asked that the U.S.-based exchange turn over the trading records and personal information of more than 480,000 of its users.

After a 12-month legal battle Coinbase won a partial victory and recognition of its customers right to privacy. When the court proceedings came to a head, the original order was reduced from 480,000 customer records to 14,000 who traded above $20,000.

In 2014, the U.S. IRS declared that bitcoin was a taxable property that is subject to capital gains tax. In fact, any cryptocurrency trade, such as trading bitcoin for ether, is treated as a taxable event, something that crypto investors have grappled with ever since.

This article originally appeared on Bitcoin Magazine.

...

11:06

Bitcoins Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee News CCN

Cryptocurrency bull Tom Lee says bitcoins dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. Fair value is significantly higher than the current price of Bitcoin, he wrote

The post Bitcoins Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee appeared first on CCN

11:03

Security Token Platform TokenSoft Invests in SEC-Regulated Broker-Dealer Cointelegraph.com News

Security token firm TokenSoft has acquired a stake in an SEC-compliant broker-dealer to expand the range of its services

10:31

Crypto-Friendly Banking App Revolut Obtains EU Banking License Cointelegraph.com News

A Lithuanian banking license has been obtained by Revolut, a banking and cryptocurrency app

10:01

Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks News CCN

Earlier today, two of the worlds hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on bitcoin-hostile banks to begin modernizing their service lines. Bitcoin-Friendly Fintech Startups Want to Replace Banks Revolut, which recently achieved a

The post Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks appeared first on CCN

10:00

Crypto Friendly Revolut Granted European Banking License NewsBTC

Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services.

Revolut features an in-app exchange that allows users to gain exposure to five cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. The platform, which in many ways is a competitor to the US-based Robinhood, allows users to buy and sell crypto commission free, with the only cost being a 1.5% exchange rate markup to account for volatility.

Revolut Gains Access to Significantly More Users, Could be Bullish for Crypto 

On Thursday, the company announced that they had received a banking license from the European Central Bank (ECB), which will allow them to begin expanding their services across the continent, entering key markets like Germany, the U.K., France, and Poland, over the next year.

Revolut will offer users nearly all the services that traditional banks offer, including business and consumer lending, direct salary deposits, overdrafts, and up to 100,000 protection covered by the European Deposit Insurance Scheme.

Revolut, which offers users quick and simple access to cryptocurrencies, is opening between 8,000 and 10,000 accounts per day, and has plans to expand into the US, Canada, Japan, Singapore, Australia, and New Zealand, throughout 2019.

Nik Storonsky, the founder and CEO of Revolut, spoke to CNBC earlier this week, and said that the company already has a significant amount of users in the US waiting for accounts.

At the moment we have about 100,000 waiting in the U.S. without any marketing, he said.

As Revolut expands its services across the world and gains more users, it could potentially siphon a significant amount of money into the crypto markets due to the easy and cheap access it offers users.

In addition to offering easy access to crypto, Revolut also launched a debit card that allows customers to receive cash back denominated in one of the five cryptocurrencies offered on its platform. As more users begin shifting their traditional banking accounts to digital providers, like Revolut, it is plausible...

09:51

Bitcoin Beats Google Trends in 2018 as Internet Users Seek to Know What It Is Cointelegraph.com News

U.S. and U.K. internet users ask What is Bitcoin? more than any other What is? query

09:43

Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner Cointelegraph.com News

Gaming hardware producer Razer has upgraded its token-based reward system and launched a desktop miner that utilizes users idle processing power

09:19

US Congressman Offers to Fund Mexican Border Wall Using Blockchain, 'Wall Coins' Cointelegraph.com News

Ohio Congressman Warren Davidson suggests building a border wall using crowdfunding, blockchain and wall coins

09:16

Crypto Protocol Wanchain Integrates MakerDAOs Dai Stablecoin News CCN

For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to use Ethereum. Indeed, not everyone is going to prefer any cryptocurrency.

The post Crypto Protocol Wanchain Integrates MakerDAOs Dai Stablecoin appeared first on CCN

09:12

After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards Bitcoin Magazine

BlockFi Crypto Credit Card

BlockFi

https://bitcoinmagazine.com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/

, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. The startup announced that it has received an additional $4 million in its recent funding round in a company blog post.

The recently revealed funding round comes some months after the company raised $52.5 million in a round led by Galaxy Digital, including $1.55 million in funding from ConsenSys Ventures and PJC prior.

Akuna Capital led today's funding round, with participation from other investors, including Digital Galaxy Ventures, Susquehanna Government Products, Morgan Creek Digital and others.

The startup, who recently expanded overseas, says the funding would be used to grow its workforce and launch exciting new products, including a crypto savings account that earns interest and crypto-backed credit cards.

Zac Prince, BlockFi CEO, spoke with Bitcoin Magazine, on the funding and the new product lines.

He said the company plans to launch two separate credit cards. One would be similar to a prepaid card, where users will be able to spend funds that they receive from taking out a crypto-backed loan from BlockFis platform.

[The first] is like a debit or prepaid card where users can receive and spend loan proceeds from BlockFi. The amount they have access to will vary based on the amount of crypto they hold with BlockFi similar to how our loans work now.

The other would be an unsecured card with a credit line.

"Think of it like the Amex card, except that instead of cash back or airline miles you would receive Bitcoin rewards," he said. Both cards would be available in selected locations where BlockFi operates, though the firm has yet to choose a credit card company partner.

For the savings account, BlockFi would be using Geminis custody solution, which is the solution it uses currently for holding the cryptocurrency collateral for its loans. The company hasn't decided on the exact interest rate, but...

08:51

Bitcoin Extortionists Turn From Blackmail to Bomb Threats NewsBTC

Dozens of U.S. businesses, public buildings, and more have been evacuated in response to a string of bomb threats currently sweeping the nation.

The person or persons making the threats, are demanding a sum of Bitcoin be sent to a wallet address, or are threatening to detonate a bomb, potentially harming many in the process.

Bitcoin Bomb Threats Sweep the Nation, Police Say Its A Hoax

Much of the United States spent the greater part of Thursday, December 13th, on edge and in fear of an attack from a Bitcoin scammer, threatening to detonate bombs at a number of locations across the country. The threats were sent via email using the subject line we can make a deal, requesting a sum of $20,000 USD worth of Bitcoin.

I write to inform you that my man has carried the bomb (Tetryl) into the building where you business is located, the threat letter reads, continuing there will be many victims in case of its explosion.

The letter goes on to threaten that if payment isnt received by the end of the working day the bomb will explode. The would-be bomber claims he and the other members of his group arent terrorists, but the situation is being treated as such by authorities nationwide.

Related Reading | Teenager Threatens to Blow Up Miami Airport Over Bitcoin Scam

At the moment, the threats to appear to be a hoax, and nothing more than an attempt to extort Bitcoin from the masses. The New York Police Department put out a bulletin on Twitter, warning the public of the threat, but also revealing that no devices have been found during numerous searches.

At this time, it appears that these threats are meant to cause disruption and/or obtain money, NYPD said in a statement, calling the threats not credible.

The Federal Bureau of Investigation (FBI) told Reuters that they are wo...

08:30

Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out News CCN

The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a strong volume jump on Coinbase. It expects to extend its

The post Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out appeared first on CCN

08:29

Fundstrats Tom Lee Says Fair Value of Bitcoin to Reach $150K Per Coin Cointelegraph.com News

Bitcoin advocate Tom Lee has stated that the fair value of Bitcoin is significantly higher than its current price, and could reach as high as $150,000

08:00

US Lawmaker Suggests WallCoin to Fund Trumps Mexico Border Wall CoinDesk

Representative Warren Davidson has suggested using a cryptocurrency to crowdfund a wall on the Mexican border.

07:56

Confirmed: Basis CEO Says Project Will Shut Down due to Regulatory Concerns Cointelegraph.com News

Basis CEO has confirmed the stablecoin will shut down, citing regulatory concerns around its secondary tokens

07:35

Digital Currency Platform Revolut Receives European Banking License Bitcoin News

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the regions central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services.

Also read: Google Trends Reveals One of the Top Questions of 2018 What Is Bitcoin?

License Approved by the European Central Bank

Digital Currency Platform Revolut Receives European Banking LicenseRevolut is a UK-based digital currency company that allows people to purchase, sell, and store cryptocurrencies like bitcoin cash, ripple, ethereum, and others. Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut has raised $336 million since its inception. On Dec. 13 the team revealed it was approved by the European Central Bank for a banking license that allows the company to provide more financial services to customers. Revolut has explained that at first everything will be done behind the scenes so that the company will eventually be able to offer full current accounts, overdrafts, and other traditional financial services.

If you choose to open a full current account with Revolut Bank in the future, any f...

07:27

Crypto Congressman Floats Blockchain to Help Fund Trumps Border Wall News CCN

Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for the Continued

The post Crypto Congressman Floats Blockchain to Help Fund Trumps Border Wall appeared first on CCN

07:00

Bitcoin Falls Below $3,500, Analyst Claims Likelihood of a Bounce is Diminishing NewsBTC

Bitcoin has been unable to stabilize above $3,500 which has led to a widespread sell-off that has sent most cryptocurrencies down 2% or more. Despite todays drop, many altcoins have been able to maintain their recently established levels of support.

At the time of writing, Bitcoin is trading down 1.8% at its current price of $3,440, down marginally from its 24-hour highs of $3,550. Earlier this week, Bitcoin climbed to highs of nearly $3,700 before quickly being pushed downwards, signaling that this price level could be a level of resistance for Bitcoin.

Over the past several days Bitcoin appears to have found support at $3,400, bouncing slightly when this price was touched on both today and this past Tuesday.

Analyst: Bitcoin Less Likely to Bounce the Longer it Trades Sideways

As Bitcoin continues to range between $3,400 and $3,700, one analyst claims that the likelihood of a bounce is continually decreasing.

While speaking to MarketWatch regarding Bitcoins sideways trading in the mid-$3,000 region, Jani Ziedins of CrackedMarket said that the longer any asset trades at a low price, the less likely it is that the asset is oversold.

Bitcoin continues to muddle along in the mid-$3k range. The longer we maintain these levels, the less likely it becomes that prices are oversold and poised for a pop. The public has largely written cryptocurrencies off as a fad and no new money is coming in. The lack of demand will continue to be a big liability.

Although there are no catalysts for a price run in the near-future, the release of institutional-aimed products throughout 2019, like the ones being offered from both Bakkt and Fidelity, could lead to both an influx of funding as well as an influx of positive news from the mainstream media regarding the cryptocurrency markets.

Altcoins Trade Marginally Lower

Bitcoins inability to stabilize above $3,500 has led the altcoin markets to drop slightly, although they have generally held steady above their recently established support levels, which were formed earlier this week when Bitcoin fell to $3,400 from $3,700.

Ethereum is one of todays best performing altcoins and is currently trading down 0.5% at its current price of $91. Earlier this week, Ethereum fo...

07:00

Binance Is Expanding Its Crypto Incubator to 5 New Cities CoinDesk

One goal of the incubator is to foster projects that could get their tokens listed on Binance's exchange.

06:53

South Korean Internet Giant Kakao Invests in Blockchain Startup Orbs Cointelegraph.com News

South Koreas largest messaging app operator, Kakao, has invested in Israeli blockchain startup, Orbs

06:25

Who read what in 2018 "IndyWatch Feed Economics"

From The Wall Street Journal:

Jed McCaleb

Tyler Cowens Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals is a well-reasoned moral argument for how we should behave as a civilization. It makes two main points: First, we should take a longer view of things. Right now we place too high a discount rate on the future, when in fact most of humanity is there. This leads to the second conclusion: that almost everything else we attempt to do to help the world is far less effective than just increasing the economic growth rate. My only complaint about the book is that I was left wanting more. I wish Mr. Cowen had gone into more detail, for instance, about individual freedoms vs. economic growth. There are inevitably trade-offs between the two, and he doesnt delve into how we should make these decisions.

The post Who read what in 2018 appeared first on Marginal REVOLUTION.

06:25

Mainstream: 2018 Brought 54 Million New Crypto Users Despite Bear Market News CCN

The crypto market may have taken a tumble this year, but that has not diminished interest in the nascent technology. Crypto User Base Booms amid Price Decline According to a report by the Cambridge Center for Alternative Finance, a research center at the University of Cambridges Judge Business School, the number of crypto users has Continued

The post Mainstream: 2018 Brought 54 Million New Crypto Users Despite Bear Market appeared first on CCN

06:00

Gaming PC Maker Razer Offers Store Credit in Return for Crypto Mining CoinDesk

Gaming hardware manufacturer Razer has launched an app that rewards users for mining, but not with crypto or cash.

05:43

Bitcoin Price Near $3,400, Wider Crypto Markets See Another Mild Slump Cointelegraph.com News

After experiencing a small rebound yesterday, crypto markets are seeing another mild slump today, Bitcoin hovers around $3,400

05:35

Password Manager App Dashlane Mocks Cryptocurrency Owners Bitcoin News

Password Manager App Dashlane Mocks Cryptocurrency Owners

Having strong passwords is important for everyone in todays world as it is full of hackers and other cyber criminals. And as cryptocurrency is value stored in code, it is no surprise that its owners are among the most paranoid about their data security. However, strong keys arent worth much if you cant remember them. 

Also Read: Report: Lightning Network Still Way off Being Ready for Use

We Are Number Three

Password Manager App Dashlane Mocks Cryptocurrency OwnersDashlane is a New York-based password manager app with reportedly ten million users around the globe. It also features a digital wallet for aggregating credit cards and bank accounts. On Wednesday, the company released its third annual Worst Password Offenders list, highlighting high-profile individuals and groups that had...

05:25

Pro-Crypto Trading App Robinhood Launches Checking & Savings Accounts News CCN

Menlo Park-based Robinhood has launched savings and checking accounts for its US customers, according to a company blog post. The new accounts would follow the similar trend that we have become accustomed to: fee-free, commitment-free and surprise-free were the words used lavishly on the companys website. Robinhood, which operates a crypto trading platform in addition to Continued

The post Pro-Crypto Trading App Robinhood Launches Checking & Savings Accounts appeared first on CCN

04:53

Basis Stablecoin Confirms Shutdown, Blaming Regulatory Constraints CoinDesk

Basis, the most well-funded stablecoin startup, says it couldn't overcome regulatory hurdles and is returning money to its investors.

04:52

PwC Partners With BitFury to Create Blockchain Accelerator in Russia Cointelegraph.com News

Global consulting group PwC partners with mining company Bitfury to launch a business blockchain accelerator in Russia

04:18

Tom Lee Declines to Update Year-End Bitcoin Price Forecast NewsBTC

Outspoken Bitcoin bull Tom Lee is one of the cryptocurrencys biggest cheerleaders, and has made a number of lofty price predictions that have unfortunately fallen short.

With the price of Bitcoin hitting new one-year lows after the break of critical support at $6,000, Lee is now saying that Bitcoin is currently extremely undervalued, by as much as $10,000. Hes also uncharacteristically declining to make any future predictions on the cryptocurrencys price.

Tom Lee Tight-Lipped on Future Price Predictions

While speaking to Bloomberg, Fundstrat Global Advisors head of research, Thomas Lee, refused to offer an amended year-end forecast for Bitcoin, saying he was tired of people asking us [Fundstrat] about target prices. Lee has made some bold predictions in the past, making a call back in May claiming that the cryptocurrency would reach $25,000 by the end of the year.

Related Reading | The Future is Brighter Than Ever for Crypto, Says Roger Ver

Not only did Lees lofty prediction not come true, he missed his target by over 85% unless Bitcoin makes a sudden, sharp recovery. Given the current market sentiment, reaching Lees year-end target would seemingly be impossible, which may explain Lees reluctance to make another prediction. Lee later lowered that prediction to a more modest $15,000, but even that target is a far way off.

Without making another specific prediction, Lee did point to Bitcoins price being fairly valued at $150,000 per BTC if the amount of wallet addresses can reach 315 million, which would be 7% that of VISAs 4.5 billion accounts.

Tom Lee: Bitcoin Fair Value is Between $13,800 and $14,800

According to Lee, Bitcoins fair value is between $13,800 and $14,800 making the leading cryptocurrency by market cap undervalued by more than $10,000. Lee based his fair value figure on the number of active wallet addresses, the amount of transactions across each account, and the overall supply.

Fair value is significantly higher than the current price of Bitcoin, Lee explained.

Bitcoin recently breached a repeatedly-tested price floor at $6,000 sending the mark...

04:05

Number of Crypto Users Nearly Doubled in 2018, Study Says Cointelegraph.com News

According to a recently published study, the number of crypto users nearly doubled in the first three quarters of this year

03:58

STO Services Startup TokenSoft Acquires Stake in Regulated Broker-Dealer CoinDesk

STO facilitator TokenSoft has acquired interest in a regulated broker-dealer to provide services that were previously impossible for the firm.

03:49

Bogus bomb threats across the U.S. are the scary new way for scammers to seek bitcoin "IndyWatch Feed World"

The threats generally claim explosives were placed in a building and demand a bitcoin ransom in exchange for removing a nonexistent bomb.

Businesses, schools, hospitals, and other institutions around the country received what appeared to be hoax bomb threats in their email inboxes Thursday, demanding ransom payment in bitcoin in exchange for not blowing up their facilities.

Read Full Story

03:35

Study Finds Less Than 15% of Team Members in ICO Startups Are Women Bitcoin News

A new study confirms the crypto industry has a lot of progress to make to bridge the gender gap. It shows that startups conducting ICOs are still markedly male-dominated over 85 percent of the team members in the surveyed companies are men. The data also suggests women are even less likely to hold executive and advisory positions.

Also read: New Platforms Track Major Stablecoin Markets

Four out of Five Startups Dont Have a Female Executive

The research conducted by Longhash covers 100 upcoming initial coin offering (ICO) projects listed by ICO Rating, a website that tracks new token sales. The crypto analysis platform has collected data about the overall gender balance of each team, the number of female executives, including founders, as well as the share of women among their advisors.

...

03:31

Opera Releases Web 3-Ready Android Browser With Ethereum, DApp Support Cointelegraph.com News

Opera browser has launched its Web 3-ready browser for Android, with crypto wallet integration, support for Ethereum and interactions with DApps

03:18

UAE Exchange, Ripple to Launch Blockchain Remittances to Asia by Q1 2019 Cointelegraph.com News

UAE Exchange has partnered with Ripple to launch blockchain cross-border remittances to Asia by Q1 2019

02:53

UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments News CCN

RippleNet, the blockchain-based global payment network of Ripple, is set to increase its footprint in the Middle East with a United Arab Emirates-based remittance firm set to unveil cross-border payments using the technology. According to Reuters, remittance firm UAE Exchange will roll out RippleNet-powered cross-border remittance services to Asia in the first quarter of 2019 Continued

The post UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments appeared first on CCN

02:00

South Koreas Kakao Leads $15 Million Raise for Public Blockchain Startup Orbs CoinDesk

South Korean messaging giant Kakao has led an over-$15 million crypto investment in Israeli-based public blockchain project Orbs.

01:44

Top Stablecoin Basis May Shut Down Due to Regulation: What Went Wrong? News CCN

On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. The project was funded by some of the largest venture capital firms in the technology space

The post Top Stablecoin Basis May Shut Down Due to Regulation: What Went Wrong? appeared first on CCN

01:35

Shakepay App Turns Spare Change Into Fractions of BTC Bitcoin News

Shakepay App Turns Spare Change Into Fractions of BTC

Canadians can now gradually accumulate small fractions of BTC by rounding up their everyday debit card purchases with a mobile application called Shakepay. The company launched in 2015 operates multiple cryptocurrency services and its new Shakepay Change element aims to provide individuals with a frictionless way to buy BTC in Canada.

Also read: The Digital Revolution Increases Sovereignty

Shakepay: A Spare Change-to-Cryptocurrency App

Shakepay App Turns Spare Change Into Fractions of BTCThe Montreal-based financial technology company Shakepay provides digital currency applications for Canadians. Since 2015, the Shakepay application has provided users with the ability to purchase and sell bitcoin core (BTC) in a quick fashion. The company has serviced over 40,000 customers and has processed well over $30 million in BTC since its inception. The Shakepay Change feature is a...

00:59

Former Apple Exec Joins Decentralized Identity Startup Civic CoinDesk

Blockchain startup Civic has hired Apple veteran Phillip Shoemaker as executive director of Identity.com.

00:56

PAX Stablecoin Exceeds $5 Billion in Transactions in First 3 Months Cointelegraph.com News

USD-backed stablecoin Paxos Standard (PAX) has exceeded $5 billion worth of transaction volume

00:32

Bitcoin-Friendly Revolut Receives European Banking License, Aims to be Amazon of Banking News CCN

Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the Amazon of banking. Revolut to Offer Bank Accounts in Europe The London-based unicorn, which remains one of the hottest fintech startups in the United

The post Bitcoin-Friendly Revolut Receives European Banking License, Aims to be Amazon of Banking appeared first on CCN

00:20

France: Govt Report Recommends $570 Million Blockchain Investment Cointelegraph.com News

New French governmental report highlights Bitcoin mining and blockchain investment

00:00

Blockstack Wont Need to Sell Bitcoin or Ether to Survive Crypto Winter CoinDesk

Blockstack limited its access to funds raised last year, so it couldn't spend faster than it gained traction. Now that's paying off.

Thursday, 13 December

23:57

Report: Venezuela Converts Pension Bonuses into State-Issued Crypto Petro Cointelegraph.com News

The Venezuelan govt has reportedly converted pensioners most recent monthly bonus into its national oil-backed cryptocurrency, the Petro

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