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Bitcoin and Altcoins Gaining Bearish Momentum
4.6.2019
This week started with a bearish bias, with bearish moves in bitcoin below the USD 8,400 support area. BTC gained bearish momentum and it even broke the key USD 8,000 support area. The price is down more than 7% and it seems like there could be more losses in the near term. Similarly, there were...
Googling for Justin Sun & Cryptocurrency Spikes On Warren Buffet News
4.6.2019
Warren Buffett and Justin Sun. Source: Twitter, @justinsuntron
While the cryptoverse is discussing whether it's a good or bad thing that Justin Sun, founder of Tron (TRX), won a private lunch with one of the richest man in the world, prominent investor and Bitcoin skeptic, Warren Buffett, there...
Bitcoin Tanks Below USD 8,000, Only 4 Cryptos Among Top 100 in Green
4.6.2019
Source: iStock/hocus-focus
The crypto market dropped on Tuesday night (UTC time) suddenly, losing almost 8.55% of its value.
The average price of bitcoin almost touched USD 7,900 before recovering above USD 8,000. However, at pixel time (04:00 UTC), the most popular cryptocurrency trades below...
International Exchanges Move into Peruvian Market
3.6.2019
Japanese cryptocurrency exchange BITpoint has opened a branch in Peru.
A member of the exchange’s Latin America board of directors, Stefan Krautwald, said that more cryptocurrency transactions take place in Peru than any other country in the region – with the exception of Columbia...
Financial Giants Backed Utility Settlement Coin Coming in 2020
3.6.2019
Source: iStock/Rafael_Wiedenmeier
In the relentless effort to utilize the blockchain technology, the new company called Fnality International, a brainchild of 14 major financial firms, is estimated to become operational in 2020. The company will be in control of a blockchain-powered digital cash...
Crypto Market Sentiment: Litecoin Joins Bitcoin in the Positive Zone
3.6.2019
The crypto market sentiment measure, SentScore this Monday has risen to 5.66, coming closer to the positive zone comparing to last Monday’s 5.36, according to Omenics , a crypto market sentiment analysis service.
Just like last week, most coins are within the neutral zone, except for two. For...
Thomas Lee to Give Keynote at CryptoCompare Digital Asset Summit
3.6.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Stellar line-up of speakers confirmed including Bank of England, HM Treasury and FCA
CryptoCompare, the leading provider...
What KYC? First Trustless OTC Service Hits the Market
3.6.2019
Ethfinex, Bitfinex’s hybrid cryptocurrency exchange for Ethereum's ERC-20 tokens, has introduced a decentralized over-the-counter (OTC) service Ethfinex Trustless OTC. From now on, its users can trade large amounts of Ethereum tokens directly without relying on any third-party. It also solves...
Crypto Listing & Delisting Announcements: Week 22
3.6.2019
Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here.
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BHEX...
LocalBitcoins Removes In-person Cash Trades, Check these Alternatives
3.6.2019
One of the most popular peer-to-peer (P2P) exchanges, LocalBitcoins caught the cryptoworld by surprise when they apparently stopped offering in-person cash trades on its list of options, leaving its users in 248 countries to search for alternatives.
The news broke out when some of the exchange’s...
Coin Race: Top Winners/Losers of May
3.6.2019
May constitutes an extremely lucrative month for the vast majority of cryptocurrency traders as the markets were painted lush green and eight out of the top 10 coins by market capitalization registered more than 40% gains. The total crypto market capitalization went up by almost USD 100 billion...
Bitcoin and Altcoins Start the Week With Bearish Moves
3.6.2019
This past week, we saw a couple of swing moves in bitcoin price above the USD 8,500 level. BTC/USD climbed back towards the USD 8,700 and USD 8,800 resistance levels. However, the bulls failed to remain in action and the market recently declined below key supports. Similarly, there were bearish...
Facebook in Talks With Another Top Regulator Over its 'GlobalCoin'
3.6.2019
Social media giant Facebook is in “very early stages of conversations” with the U.S. Commodity Futures Trading Commission (CFTC) over its digital coin, Christopher Giancarlo, the outgoing head of the CFTC, told the Financial Times.
These talks should help clarify whether the company’s plans for...
What History Shows us About the Crypto Market During Summer
2.6.2019
The old stock market adage “sell in May and go away” has proven to be right more often than not. Specifically, this Wall Street advice refers to selling your stocks in May to then re-enter the market in October as June, July, August, and September have historically been the worst performing months...
Could Bitcoin Become the Unhackable Backbone of the Internet?
2.6.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Bitcoin was conceived and born as an open, public, borderless...
The Crypto Market Didn't Like New Voice of Block.one, EOS Drops
2.6.2019
Block.one CTO Dan Larimer on the stage of the event where the news were announced. EOS price dropped following the news that Block.one, company behind the EOS blockchain platform, aims to launch a new social media project, Voice.
It will be launched on the EOS Public Blockchain. Rumors that...
Are Privacy Coins Being Driven to Extinction? Good Luck, Governments!
1.6.2019
Of all the different cryptocurrency sub-categories now in existence, privacy coins are among the biggest. E.g., the top five privacy coins – Monero, Dash, Zcash, Verge, and Komodo – are currently worth USD 3.76 billion according to CoinMarketCap, while the top five stablecoins – Tether, TrueUSD...
Are We There Yet? 20 Crypto Jokes
1.6.2019
This week turned out intense. Bitcoin got to USD 9,000, only to drop just below USD 8,200 in five hours and then become more difficult to mine than ever. With the Bitcoin spiking all over the place, the community is standing at attention. Meanwhile, there is no such thing as a meme-free week in...
Japanese Parliament OKs Crypto Law Changes, Limits Speculative Trading
31.5.2019
Japan’s parliament has approved amendments to two financial laws – officially changing the legal name for cryptocurrencies to “crypto assets,” and outlawing market manipulation.
The country’s upper house approved amendments to the Fund Settlement Act and the Financial Instruments and Exchange...
Unusual Crypto Adoption: Stay Healthy or Lose Your Ether
31.5.2019
You’re out of shape, you say? You want to keep your crypto with you, you say? You need something to keep you motivated to exercise? Have we just found a 3-in-1 solution? Well, not we exactly - entrepreneur Amr Saleh has put together a bunch of parts into a punching bag that serves as...