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$5 Billion Wiped Out of Crypto: Bitcoin Below $3,500 Could Spell Trouble

By CCN.com: In the past 24 hours, the crypto market has experienced a slight decline in valuation from $224 billion to $219 billion as the Bitcoin price dropped to $3,500. Previously, traders said that a drop below the $3,500 mark… Continue Reading →

Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From… Continue Reading →

Tesla Layoffs Spur Market Blowback: Have Social Justice Warriors Started Day Trading?

By CCN.com: Yesterday, CCN published an article detailing Tesla’s increasingly confounding financial maneuvers. Reader Frederick Macarthur commented: Tesla stock and Elon Musk have one thing in common – they’re both manic depressive. It’s true. Tesla Stock Has Been Volatile in… Continue Reading →

Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

By CCN.com: With well over 200 million users across the globe, few video games have as large a following as Fortnite. The freemium game is so popular that its developer, Epic Games, banked $3 billion in 2018. However, according to… Continue Reading →

MimbleWimble: Is Bitcoin’s Curse Looming on The Horizon?

By CCN.com: MimbleWimble, named after a curse from the Harry Potter book series, is a protocol, much like Bitcoin’s blockchain, that contains improved privacy features derived from multiple technologies, some more established than others. Key components in MimbleWimble are: (a)… Continue Reading →

The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The Dust’ Is Wrong

By CCN.com: Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, Northeast England, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust,” along with market analyst and author, Martin Hutchinson,… Continue Reading →

Is The Demise of Euro Inevitable? Analyst Says it Can Trigger a Devastating Collapse

By CCN.com: As the eurozone economy slows down and the European Central Bank (ECB) run out of ways to fuel the market, market strategist Russell Napier has said the euro may be in trouble. Speaking to FT, the analyst firmly… Continue Reading →

What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

By CCN.com: In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Executives in the crypto space, especially those leading new initiatives and businesses… Continue Reading →

What’s The Difference Between Trump’s Immigration Compromise And a Communist Police State?

Donald Trump’s big announcement Saturday wouldn’t be the first time the word “compromise” was used as a euphemism for the government. Stealing even more of your money to pay for both big corporate political parties’ wish lists and all their… Continue Reading →

Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

On a darknet market called “Dread,” a vendor going by “ExploitDOT” is attempting to sell user data from the know-your-customer (KYC) data top cryptocurrency exchanges ask for, required by most jurisdictions. According to data shared with CCN, the hacker has… Continue Reading →

Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet

By CCN.com: On Jan. 18, after an unsuccessful attempt to enter the Philippines market earlier this month due to foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing platform has announced a partnership between with Coins.ph, a local crypto wallet and payments platform. The… Continue Reading →

Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints

By CCN.com: Turkish crypto exchange Sistemkoin had done $68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. There are… Continue Reading →

VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application

By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything… Continue Reading →

Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez

By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone… Continue Reading →

Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in Crypto

By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media Clings to Story of Russian Government Buying Bitcoin, CCN Asks… Continue Reading →

Build That Wall: Trump Offers DACA Protection for Border Funding as Shutdown Hits Day 29

President Donald Trump has proposed extending protection for some illegal immigrants in the U.S. in exchange for wall funding along the Mexican border. The offer, which was announced Saturday after 4:00 p.m. ET, presents Congress with a new pathway to… Continue Reading →

Top 3 Mistakes Investors Make when Managing Their Cryptocurrency Holdings

By CCN.com: Money is older than recorded history. As long as money has existed, so too have counterfeiters and crooks. Issuers of currency have spent millennia preventing counterfeiting: Just consider today’s paper bills, which are printed with special dyes on… Continue Reading →

Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Over the last 24 hours, the crypto market has rebounded slightly by $5 billion, from $120 billion to $125 billion following a promising breakout of the Bitcoin price above $3,700. The unforeseen strong movement of Bitcoin could lead to the… Continue Reading →

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

By CCN.com: A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received… Continue Reading →

Litecoin Price Falls after Segwit Confusion; Charlie Lee Explains Activation

[…] The post Litecoin Price Falls after Segwit Confusion; Charlie Lee Explains Activation appeared first on CryptoCoinsNews.

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