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09.04.2019
14:41 TheNextWeb.comMt. Gox might need 2 more years to repay millions worth of lost Bitcoin

The leader of the group representing victims of the defunct cryptocurrency exchange Mt. Gox is stepping down from his post. The founder and coordinator of Mt. Gox Legal, Andy Pag, is resigning in the midst of a “legal quagmire that could take years to resolve,” he told CoinDesk in an interview. Mt. Gox Legal was set up 18 months ago to support and represent creditors of the cryptocurrency exchange as they lobby for the return of their lost funds. In his full statement, Pag said that he believes ongoing legal issues could slow down the civil rehabilitation proceedings. Distribution of… This story continues at The Next WebOr just read more coverage about: Bitcoin

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14:40 Yahoo.com BusinessBitcoin’s ‘Super Guppy’ Price Indicator Flips Bullish in First Since Early 2018

Several bitcoin price indicators have turned positive on the charts, strongly suggesting bullish momentum is growing.

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14:40 Yahoo.com BusinessCryptocurrency Exchange ‘IEO’ Draws Suspicion for Plans to Sell Tokens Ahead of Launch

Digital currency and transaction platform Algorand has refused to endorse an attempt by cryptocurrency exchange Bgogo to sell its unreleased tokens, executives confirmed on social media on April 8. Known as an “initial exchange offering” (IEO), the Algorand event notionally allows Bgogo traders to purchase exposure to the platform’s token, despite the fact that it does not yet exist.

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14:28 Yahoo.com Business$546 Million: CME Bitcoin Futures Hits Record 1-Day Volume; Could Spike BTC Beyond $6,000

Throughout the past seven days, following its initial rally on April 1 from $4,200, the bitcoin price increased from around $4,673 to $5,218, by well over 11 percent. The rest of the cryptocurrency market including major crypto assets such as Litecoin and Ethereum recorded large gains against the U.S. dollar with the momentum established by bitcoin. Bitcoin Needs Fuel to Move Out of $5,000 to $6,000 Range, Will CME be That Fuel? On April 1, various technical factors supported the upside movement of bitcoin and enabled the dominant cryptocurrency to spike by 20 percent as soon as it broke out

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14:04 VentureBeat.comChina mulls Bitcoin mining ban

China’s state planner wants to eliminate bitcoin mining in the country, in a sign of growing government pressure on the cryptocurrency sector.

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14:04 CryptoCoinsNews.com$546 Million: CME Bitcoin Futures Hits Record 1-Day Volume; Could Spike BTC Beyond $6,000

Throughout the past seven days, following its initial rally on April 1 from $4,200, the bitcoin price increased from around $4,673 to $5,218, by well over 11 percent. The rest of the cryptocurrency market including major crypto assets such as Litecoin and Ethereum recorded large gains against the U.S. dollar with the momentum established by bitcoin. Bitcoin Needs Fuel to Move Out of $5,000 to $6,000 Range, Will CME be That Fuel? On April 1, various technical factors supported the upside movement of bitcoin and enabled the dominant cryptocurrency to spike by 20 percent as soon as it broke out
The post $546 Million: CME Bitcoin Futures Hits Record 1-Day Volume; Could Spike BTC Beyond $6,000 appeared first on CCN

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13:52 CoinDesk.comBitcoin’s ‘Super Guppy’ Price Indicator Flips Bullish in First Since Early 2018

Several bitcoin price indicators have turned positive on the charts, strongly suggesting bullish momentum is growing.

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13:46 Techcrunch.ComRegulators in China are weighing a ban on Bitcoin mining

Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered a drag on the country’s economy. The National Development and Reform Commission (NDRC), the top economic planning agency in the world’s largest market for bitcoin mining, released on Monday a list of sectors it plans to promote, restrict […]

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13:29 FinExtra.comHow Blockchain Technology Is Designed To Secure Bitcoin Transactions

The introduction of blockchain and smart contract technology has rapidly changed with the way people...

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13:28 Zdnet.comOpera 60 released with a built-in cryptocurrency wallet

Opera's built-in wallet too support Ethereum transactions, ICO tokens, and collectibles.

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13:18 Yahoo.com BusinessLatest Bitcoin Cash price and analysis (BCH to USD)

Bitcoin Cash (BCH) is currently showing strong upwards momentum following the recent positive market trends. My medium-term bet is that the entire cryptocurrency market will continue to turn profits, at least until there is some uncertainty in the economic panorama. As some experts point out, a shift in economic conditions could offset the market, even though there is little correlation between Bitcoin and other financial assets. Let’s take a dive into what’s going on with Bitcoin Cash. Bitcoin Cash is currently sitting around $310. After a major pump where volume spiked to yearly records, BCH seems to be stabilising above the key $300 support level. Just in case BCH continues to rally, it’s advisable to hold a position at this The post Latest Bitcoin Cash price and analysis (BCH to USD) appeared first on Coin

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13:07 TheNextWeb.com22-year-old gets 2 years in jail for illegally selling hundreds of thousands in Bitcoin

A 22-year-old man in the US has been sentenced to two years in prison for selling hundreds of thousands of dollars in Bitcoin through an unlicensed money transmitting business. Jacob Burrell Campos, who had been in custody without bail since he was arrested in August last year, was also forced to forfeit $823,357 in illicit profits. He plead guilty on October 29, admitting he had operated a Bitcoin exchange without previously registering the business with the Financial Crimes Enforcement Network (FinCen) of the US Department of Treasury. He also admitted he had not implemented the necessary anti-money laundering procedures (AML). “Today’s… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:54 CryptoCoinsNews.comChina’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead

A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect. While the report is currently in a development stage, if enacted it could stop the recent bitcoin rally in its tracks. Bitcoin surged 27% in the last week to hit a 2019 high, holding above the $5,000 barrier. The proposed crypto mining ban in China, however, could have a negative effect on bitcoin’s value and market capitalization.  China’s Proposed Bitcoin Mining
The post China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead appeared first on CCN

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12:22 TheNextWeb.comBitcoin hits massive milestone with its 400,000,000th transaction

Bitcoin has reached a milestone! The blockchain powering the world’s most popular decentralized cryptocurrency officially processed its 400,000,000th transaction overnight. That’s right. Check the records – at pixel time, there have been at least 400,251,742 transactions sent via Bitcoin‘s independent, censorship-resistant, peer-to-peer electronic cash system. Right now, Bitcoin is averaging around 350,000 transactions per day. It’s blockchain is handling roughly 14,904 transactions every hour (just over four per second), with no down-time, and no holidays. Bitcoin is fitting more transactions into blocks than ever before Earlier in April, Bitcoin fans rejoiced as the cryptocurrency market finally saw positive movement, after its… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:21 MoneyMorning.comCrypto's Long Winter Is Over – Bitcoin Is Heating Up Fast

The cryptocurrency market has finally been enjoying a consistent rally.
And many investors naturally have some questions, such as what ignited this run-up and more importantly, if it's sustainable.
That's exactly why Bill turned to our very own crypto aficionado, Dave Zeiler, to make sense of all this.
And what he had to say has got Bill excited...
Tags: bitcoin
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12:21 Yahoo.com BusinessChina considers phasing out cryptocurrency mining

China’s The National Development and Reform Commission (NDRC) has drafted a list of industries it wants to phase out and cryptocurrency mining, including bitcoin, is amongst them, Reuters writes.The post China considers phasing out cryptocurrency mining appeared first on The Block.

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12:10 Yahoo.com BusinessWhich of these Ethereum wallets should you use?

There are a number of Ethereum wallets around today, but it is important that investors choose the best and most secure wallets available to them. Ethereum is a decentralised smart contract platform. Just like Bitcoin, Ethereum has a token called Ether, a blockchain, nodes, and miners. However, Ethereum’s blockchain maintains a consensus for a virtual computer called the Ethereum Virtual Machine (EVM). Ether is the native token on the Ethereum network. There are around 100 million Ether (ETH) on the network, with these tokens being used to incentivise miners to run their mining hardware for Ethereum. These miners and the token help to keep the network decentralised. The Ether tokens can be used for payments between users and to power The post Which of these Ethereum wallets should you use? appeared first on Coin

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11:59 TheNextWeb.comQuadrigaCX saga continues as cryptocurrency exchange moves to bankruptcy

QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected death of its founder, is moving into bankruptcy proceedings. The company’s request to move into bankruptcy was approved by a Canadian Supreme Court yesterday. The move is intended to help reduce costs and ease the recovery of assets from creditors. It comes after a report by Ernst & Young – Quadriga’s court appointed creditor – said there was a ” remote” chance the company could emerge from restructuring, and that the investigation to recover assets could be handled more efficiently if it entered the bankruptcy process. Gerald Cotten,… This story continues at The Next Web

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11:58 Yahoo.com BusinessLeading Advocate for Mt Gox Creditors Quits, Saying Bitcoin Payouts Could Take Years

The head of a large Mt. Gox creditor group is stepping down amid what he described as a legal quagmire that could take years to resolve.

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11:35 Yahoo.com BusinessBlock.one Chief Triggers Bitcoin Maximalists with Arrogant Rant

No cryptocurrency is perfect, not even bitcoin. Block.one Co-Founder and CEO Brendan Blumer is preying on the weaknesses of the biggest crypto seemingly to make his company’s own coin, EOS, look good. Blumer disparaged bitcoin for one of its primary use cases, as a currency, saying of the network in a fireside chat at the recent at the Chamber of Digital Commerce event: “Fundamentally transformative in how we will do everything going forward, but actually, a transfer takes an hour, right? It’s expensive if you look at the dilution we pay through new inflation on an annual basis you’re talking

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11:25 TheNextWeb.comChina wants to destroy ‘wasteful’ Bitcoin mining

China, one of the world’s most prominent blockchain and cryptocurrency forces, wants to put an end to “wasteful” Bitcoin mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports. The list outlines activities the NDRC believes should be phased out as they lead to legal complications, pose safety risks, or wastefully pollute the environment. Bitcoin has often been criticized for its high energy use, it was previously reported that the mining network uses more electricity than 20 countries in Europe. That said, Bitcoin mining… This story continues at The Next WebOr just read more coverage about: Bitcoin

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11:23 CryptoCoinsNews.comBlock.one Chief Triggers Bitcoin Maximalists with Arrogant Rant

No cryptocurrency is perfect, not even bitcoin. Block.one Co-Founder and CEO Brendan Blumer is preying on the weaknesses of the biggest crypto seemingly to make his company’s own coin, EOS, look good. Blumer disparaged bitcoin for one of its primary use cases, as a currency, saying of the network in a fireside chat at the recent at the Chamber of Digital Commerce event: “Fundamentally transformative in how we will do everything going forward, but actually, a transfer takes an hour, right? It’s expensive if you look at the dilution we pay through new inflation on an annual basis you’re talking
The post Block.one Chief Triggers Bitcoin Maximalists with Arrogant Rant appeared first on CCN

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11:13 Yahoo.com BusinessWhat is margin trading in cryptocurrency?

Margin trading in cryptocurrency means buying digital assets with more than the sum of coins or tokens that you have, just like you can do with stocks. This is possible thanks to the lending market known as leverage, which also works for cryptocurrencies. As a trader, you can make more profit from your investments by borrowing against your current funds. For instance, say you decide to invest $250 and borrow $750 to buy $1,000 worth of BTC. This is a leverage of 4:1. In this case, the initial margin is worth $250, as this is the cash you need to deposit to purchase digital assets on margin. Margin trading enables you to open a position with leverage, as you increase The post What is margin trading in cryptocurrency? appeared first on Coin Rivet.

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11:12 CoinDesk.comLeading Advocate for Mt Gox Creditors Quits, Saying Bitcoin Payouts Could Take Years

The head of a large Mt. Gox creditor group is stepping down amid what he described as a legal quagmire that could take years to resolve.

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11:01 Yahoo ScienceChina Plans to Ban Cryptocurrency Mining in Renewed Clampdown

The National Development Reform Commission, the country’s powerful economic planner, this week listed crypto-mining among a plethora of industries it intends to eliminate because they “seriously wasted resources” or polluted the environment. While China was once home to about 70 percent of Bitcoin mining and 90 percent of trades, authorities have waged a nearly two-year campaign to shrink the crypto industry amid concerns over speculative bubbles, fraud and wasteful energy consumption. After banning initial coin offerings and calling on local exchanges to halt virtual currency trading in 2017, Chinese officials outlined proposals in 2018 to discourage crypto mining -- the computing process that makes transactions with virtual currencies possible but consumes vast amounts of power.

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11:01 Yahoo.com BusinessChina Plans to Ban Cryptocurrency Mining in Renewed Clampdown

The National Development Reform Commission, the country’s powerful economic planner, this week listed crypto-mining among a plethora of industries it intends to eliminate because they “seriously wasted resources” or polluted the environment. While China was once home to about 70 percent of Bitcoin mining and 90 percent of trades, authorities have waged a nearly two-year campaign to shrink the crypto industry amid concerns over speculative bubbles, fraud and wasteful energy consumption. After banning initial coin offerings and calling on local exchanges to halt virtual currency trading in 2017, Chinese officials outlined proposals in 2018 to discourage crypto mining -- the computing process that makes transactions with virtual currencies possible but consumes vast amounts of power.

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10:49 Yahoo.com BusinessChina Plans to Ban Cryptocurrency Mining in Renewed Clampdown

The National Development Reform Commission, the country’s powerful economic planner, this week listed crypto-mining among a plethora of industries it intends to eliminate because they “seriously wasted resources” or polluted the environment. While China was once home to about 70 percent of Bitcoin mining and 90 percent of trades, authorities have waged a nearly two-year campaign to shrink the crypto industry amid concerns over speculative bubbles, fraud and wasteful energy consumption. After banning initial coin offerings and calling on local exchanges to halt virtual currency trading in 2017, Chinese officials outlined proposals in 2018 to discourage crypto mining -- the computing process that makes transactions with virtual currencies possible but consumes vast amounts of power.

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10:13 CoinDesk.comOpera Launches Dapp-Focused Desktop Browser With Built-In Ethereum Wallet

Opera has launched the desktop version of its new browser with a built-in wallet for ether, ERC-20 tokens and CryptoKitties-style collectibles.

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10:03 TheNextWeb.comOpera releases its browser with built-in cryptocurrency wallet to everyone

Opera’s long-awaited web-browser, Reborn 3, which features an integrated cryptocurrency wallet is officially launching today. According to the announcement, the cryptocurrency wallet in the Opera computer browser syncs with the cryptocurrency wallet in the Opera browser for Android. Opera says that this means wallet keys never leave the users’ smartphone. In principle, it sounds like a two-factor authentication process. When a user needs to identify themselves or sign a transaction on the blockchain, they will get a notification on their phone. Unlocking the phone with a fingerprint will then confirm said transaction. Opera first teased of this functionality back in… This story continues at The Next Web

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09:05 CoinDesk.comChina’s Economic Planning Agency Labels Bitcoin Mining an ‘Undesirable’ Industry

A Chinese government agency in charge of macro economic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

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05:43 Yahoo.com BusinessCME Bitcoin Futures Volume Hits Record High as Prices Rebound

CME Bitcoin futures hit a record 22,542 contracts traded on April 4, equivalent to 112,710 Bitcoin with a notional value of $546 million, according to a release from the derivatives exchange operator. The increased trading came just after Bitcoin unexpectedly surged almost 30 percent over the two previous trading days after months of relative inactivity, according to consolidated Bloomberg pricing. Bitcoin was up 0.5 percent at $5,279 at 10:12 a.m. in Hong Kong.

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04:25 Yahoo.com BusinessThe Ledger: Bitcoin Tops $5000, Elon Musk for Dogecoin CEO, Charles Hoskinson

The Ledger: Bitcoin Tops $5000, Elon Musk for Dogecoin CEO, Charles Hoskinson

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03:52 Yahoo.com BusinessEthereum Cofounder Says Blockchain Presents 'Governance Crisis'

Ethereum Cofounder Says Blockchain Presents 'Governance Crisis'

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00:42 CoinDesk.comNext Bitcoin Core Release to Finally Let Hardware Wallets Connect to Full Nodes

It’s a moment true bitcoin nerds have been waiting for. In the coming release of Bitcoin Core, the 18th version of the cryptocurrency’s most widely used software, the code will finally, natively allow users to connect bitcoin full nodes to hardware wallets. It sounds technical, but it’s a big step for the security of the […]

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08.04.2019
23:56 ValueWalk.comThe Framing Effect And Bitcoin

With the recent rally of the crypto market, perspective buyers are seemingly coming out of the woodwork. BTC reached $5000 early Tuesday morning, a price that the market hadn’t seen since November of last year when a BTC hard fork […]
The post The Framing Effect And Bitcoin appeared first on ValueWalk.

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23:01 Yahoo.com BusinessBitcoin Exchange Bgogo Launching “Initial Exchange Offering” as IOU – Without Consent

Bgogo is an exchange which isn’t listed in the top 100 exchanges by adjusted volume. They reported an impressive $500+ million in the past 24 hours. Adjusted volume on CoinMarketCap.com discounts exchanges with no fees or that utilize transaction mining. On the regular “reported volume” section, which has some otherwise-no-name exchanges in the upper echelons, Bgogo is #28. ICO-Based Exchange Goes Full IEO Bgogo funded via an ICO, which resulted in the creation of some 10 billion tokens currently worth about .003 USD each. The exchange does “transaction mining” — people get a rebate based on their token holdings and

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22:38 CryptoCoinsNews.comBitcoin Exchange Bgogo Launching “Initial Exchange Offering” as IOU – Without Consent

Bgogo is an exchange which isn’t listed in the top 100 exchanges by adjusted volume. They reported an impressive $500+ million in the past 24 hours. Adjusted volume on CoinMarketCap.com discounts exchanges with no fees or that utilize transaction mining. On the regular “reported volume” section, which has some otherwise-no-name exchanges in the upper echelons, Bgogo is #28. ICO-Based Exchange Goes Full IEO Bgogo funded via an ICO, which resulted in the creation of some 10 billion tokens currently worth about .003 USD each. The exchange does “transaction mining” — people get a rebate based on their token holdings and
The post Bitcoin Exchange Bgogo Launching “Initial Exchange Offering” as IOU – Without Consent appeared first on CCN

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21:30 Yahoo.com Business‘Bitcoin Price’ is a Meaningless Metric: Russian Economist

Vladislav Ginko, semi-famous for making lots of people in the crypto space believe that Russia was going to buy a massive amount of Bitcoin, took to Twitter recently to tell us all that the standard market capitalization metrics and “pricing in fiat” makes no sense. Ginko is a minor media personality in Russia and reportedly works at the “Presidential Putin Academy.” CCN previously disputed the claims by Ginko, which led to several articles in the space pronouncing the incoming bull run based on Russian government purchases. Ginko recently stood by a version of his assertions, saying that the trades he

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21:07 CryptoCoinsNews.com‘Bitcoin Price’ is a Meaningless Metric: Russian Economist

Vladislav Ginko, semi-famous for making lots of people in the crypto space believe that Russia was going to buy a massive amount of Bitcoin, took to Twitter recently to tell us all that the standard market capitalization metrics and “pricing in fiat” makes no sense. Ginko is a minor media personality in Russia and reportedly works at the “Presidential Putin Academy.” CCN previously disputed the claims by Ginko, which led to several articles in the space pronouncing the incoming bull run based on Russian government purchases. Ginko recently stood by a version of his assertions, saying that the trades he
The post ‘Bitcoin Price’ is a Meaningless Metric: Russian Economist appeared first on CCN

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20:55 BitcoinMagazine.comBitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months.
Bitcoin, the largest cryptocurrency by market capitalization, soared 20 percent to break $5,000 for the first time since November on April 2, 2019. The rise also marked its best one-day gain since April 2018. Bitcoin is trading at $5,252 as of press time, up 1.77 percent over the past 24 hours, according to data from CoinMarketCap.
However, on April 2, Zhao emphasized on Weibo that despite the abrupt surge of BTC, the bull market is not here yet and he

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20:22 Yahoo.com BusinessBitcoin Wallet Electrum’s Servers Are Under Massive Attack

Electrum Bitcoin wallet users should ensure that they’re using the latest version and that it’s from an official source. If users find themselves urged to “update” by the client, they should know that there is no update mechanism within Electrum itself. This urging comes as the popular crypto wallet faces a massive DoS attack designed to trick users into installing Bitcoin-stealing malware. Electrum Users MUST Upgrade to Latest Version Currently, a massive attack targets the hundreds of servers that service Electrum wallets. Previous attacks have netted hundreds of bitcoins. Electrum is an SPV wallet, meaning that the user doesn’t need

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20:09 CryptoCoinsNews.comBitcoin Wallet Electrum’s Servers Are Under Massive Attack

Electrum Bitcoin wallet users should ensure that they’re using the latest version and that it’s from an official source. If users find themselves urged to “update” by the client, they should know that there is no update mechanism within Electrum itself. This urging comes as the popular crypto wallet faces a massive DoS attack designed to trick users into installing Bitcoin-stealing malware. Electrum Users MUST Upgrade to Latest Version Currently, a massive attack targets the hundreds of servers that service Electrum wallets. Previous attacks have netted hundreds of bitcoins. Electrum is an SPV wallet, meaning that the user doesn’t need
The post Bitcoin Wallet Electrum’s Servers Are Under Massive Attack appeared first on CCN

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18:59 BitcoinMagazine.comInfographic: A Map of Bitcoin Forks

What Are Bitcoin Forks? The word “fork” is somewhat confusing because there are different kinds of “forks” that mean very different things.
Codebase Fork
A codebase fork is a copy of the code of a software implementation. A codebase fork typically makes tweaks to the original codebase. In the context of Bitcoin, codebase forks can be entirely compatible with the Bitcoin protocol, they can cause an unintentional blockchain fork, or they can establish a whole new cryptocurrency.
Blockchain Fork
A blockchain fork happens when a blockchain branches into two versions of transaction history. This can happen for a number of reasons, can be expected or unexpected, and can, depending on the circumstances, lead to a number of outcomes, ranging from a single orphaned block to a whole new cryptocurrency.
Hard

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18:15 TheNextWeb.comBitcoin wallet Electrum hit by DoS attack from 140,000-strong botnet

The servers of popular Bitcoin wallet Electrum are under heavy attack, and users are advised to be extra careful when using the platform until it’s resolved. A sophisticated botnet of more than 140,000 machines has launched Denial-of-Service (DoS) attacks on Electrum‘s servers, with apparent intent to direct users to compromised versions of the software designed to steal their Bitcoin. Bad actors have even deployed their own Electrum servers hosting “backdoored” versions of the Electrum client en masse. If a user successfully syncs their vulnerable Electrum wallet with a malicious server (hundreds detected so far), they’re instructed to “update” their client with a hacked version.… This story continues at The Next WebOr just read more coverage about: Bitcoin

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18:02 Yahoo.com BusinessBillionaire Tim Draper Slams ‘Paranoid’ Jamie Dimon, Doubles Down $250,000 Bitcoin Price

Cryptocurrency bull Tim Draper has fired a shot at the chairman and CEO of JPMorgan Chase, Jamie Dimon, nearly two months after the big four U.S. bank announced the creation of a digital currency known as JPM Coin. In an interview with crypto personality Wendy O, Draper said Dimon’s actions show that he is grieving stage of acceptance with regards to the inevitability of cryptocurrencies:

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17:50 CryptoCoinsNews.comBillionaire Tim Draper Slams ‘Paranoid’ Jamie Dimon, Doubles Down $250,000 Bitcoin Price

Cryptocurrency bull Tim Draper has fired a shot at the chairman and CEO of JPMorgan Chase, Jamie Dimon, nearly two months after the big four U.S. bank announced the creation of a digital currency known as JPM Coin. In an interview with crypto personality Wendy O, Draper said Dimon’s actions show that he is grieving stage of acceptance with regards to the inevitability of cryptocurrencies: That guy… first he says that bitcoin is a scam. Then he gets all paranoid… then he lines up all the banks against it… then he says credit cards, my credit cards cannot be used
The post Billionaire Tim Draper Slams ‘Paranoid’ Jamie Dimon, Doubles Down $250,000 Bitcoin Price appeared first on CCN

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17:39 Benzinga.comEthereum Market Update: $200 Bound ETH/USD Hits A Snag Short Of $190

The weekend session has been successful as Ethereum resumed the uptrend hitting above $180. Ethereum is back to trading at the levels of November 2018. read more

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17:39 Benzinga.comRipple Overview: XRP/USD Is Not Ready To Break Above $0.3800

XRP/USD enters consolidation mode after a strong growth. Critical $0.38  limits the upside for the time being. read more

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17:27 Yahoo.com BusinessFive ways to buy Bitcoin online

You may have heard of the confusing world that is cryptocurrencies and Bitcoin. Whilst many have taken a punt on Bitcoin, either making or losing money, there are still many others who haven’t. Not only can Bitcoin be confusing in what it is trying to achieve, cryptocurrency still isn’t viewed very favourably by the mainstream media. On top of this, buying and selling Bitcoin can be confusing for those who are not the most technologically minded. So here, we will cover five ways to buy Bitcoin online. Buy Bitcoin online through Coinbase There are a few cryptocurrency exchanges that provide fiat gateways. These allow you to send euros, dollars, or pounds directly to the exchange and convert them to Bitcoin. The post Five ways to buy Bitcoin online appeared first on Coin Rivet.

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16:41 TheNextWeb.comDanish hustler jailed for laundering $500,000 worth of dirty Bitcoin

Bitcoin is not as anonymous as you might think. A Danish man has been handed a prison sentence after using the digital currency for ill-gotten gains. The 33-year old has been sentenced to four years and three months after pleading guilty to laundering dirty Bitcoin, a local police report states. The perpetrator acknowledged in court that he had received several large sums of money which he knew came from criminal activity. He then exchanged the money into Bitcoin, and deposited the funds into overseas accounts belonging to his accomplices, local news outlet Trijo reports. According to the police report, the… This story continues at The Next WebOr just read more coverage about: Bitcoin

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16:28 Yahoo.com BusinessSparkswap raises $3.5M to build an exchange on the Bitcoin Lightning Network

It seems like every other week we hear reports of a major cryptocurrency exchange hack and the millions of dollars stolen from traders.The post Sparkswap raises $3.5M to build an exchange on the Bitcoin Lightning Network appeared first on The Block.

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15:28 TheRegister.co.ukOops! Almost a year in and ICO staff haven't been handed a GDPR privacy notice yet

Data watchdog: All our staffers are 'aware' of policies... The UK's data protection regulator has failed to follow its own advice, admitting a privacy notice for its own staffers – one of its key recommendations for GDPR compliance – remains "under construction".…

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15:18 Yahoo.com BusinessCryptocurrency market update: Is the recent growth sustainable?

At the time of writing, the cryptocurrency market is continuing to gain momentum and the positive market trend is unlikely to break. During the weekend, Bitcoin and other altcoins regained some investor confidence after a minor slip on Friday. My medium-term bet is that the entire cryptocurrency market will continue to turn profits at least until there is some uncertainty in the economic panorama. Let’s take a dive into what’s going on in the cryptosphere. Bitcoin, BTC Bitcoin’s price is currently sitting around $5,232. After a major pump where volume spiked to yearly records, Bitcoin seems to be stabilising above the key $5,000 support level. Just in case Bitcoin continues to rally, it’s advisable to hold a position in Bitcoin The post Cryptocurrency market update: Is the recent growth sustainable? appeared first on

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15:05 Yahoo.com BusinessArtificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi

A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18.7 million. The fraudsters targeted people who had little to no idea of how cryptocurrency worked and lured them in with juicy bonuses and free cryptocurrency, the Korea Joongang Daily reports. Following the arrest of 12 people behind the scam, the Seoul Special Judicial Police Bureau for Public Safety revealed that the vast majority of the fraudulent scheme’s victims were elderly people between the ages of 60 and 70 years. The CEOs of the

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14:53 CryptoCoinsNews.comThis Top-100 Cryptocurrency Smells of a Scam – After Spiking 382% in a Day

Vestchain (VEST) just burst into the top hundred cryptocurrencies by market cap after 382% growth in the past twenty-four hours. However, a glance at the project’s Bitcointalk forum page reveals something fishy to be afoot, and there’s ample reason to believe that Vestchain might be a scam. FAKE NAMES, FLIPPED SOCIAL MEDIA PHOTOS…THE MAKINGS OF A SCAM? Vestchain officially announced its arrival on the Bitcointalk forum back in July of 2018. Most of the token’s forum chatter was positive for the first six months or so. But then in February of this year this scam warning appeared which showed the
The post This Top-100 Cryptocurrency Smells of a Scam – After Spiking 382% in a Day appeared first on CCN

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14:53 CryptoCoinsNews.comArtificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi

A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18.7 million. The fraudsters targeted people who had little to no idea of how cryptocurrency worked and lured them in with juicy bonuses and free cryptocurrency, the Korea Joongang Daily reports. Following the arrest of 12 people behind the scam, the Seoul Special Judicial Police Bureau for Public Safety revealed that the vast majority of the fraudulent scheme’s victims were elderly people between the ages of 60 and 70 years. The CEOs of the
The post Artificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi appeared first on CCN

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14:52 Zdnet.comPolice use AI to track down cryptocurrency Ponzi scheme swindlers

The perpetrators allegedly scammed $18.7 million from the elderly and retirees.

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14:18 Yahoo.com BusinessBitcoin Exchange Kraken Sued by Former Trading Desk Manager

Jonathan Silverman, who was hired in April 2017 to manage Kraken’s institutional sales and trading desk in New York, is demanding compensation in excess of $900,000, according to a suit filed April 4 in New York. Silverman says the trading desk generated more than $19 million in profits during three months in 2017 and he never received neither the commission nor additional promised stock options.

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14:18 Yahoo.com BusinessTrader closes $34 million Bitcoin short position following reversal signal

The amount of Bitcoin short positions on cryptocurrency exchange Bitfinex fell by 20% this morning. There was nearly 23,000 Bitcoin being held in short positions overnight, but this dwindled dramatically this morning following a 6,500 Bitcoin short order being closed. Usually a move of this magnitude would move the Bitcoin price to the upside, but the cryptocurrency stalwart has remained below the $5,350 level of resistance. The lack of price action could be attributed to a hidden sell order being placed, which would mean that in spite of the $34 million short position closing, price would remain pegged to the hidden order. The amount of long positions on Bitfinex did increase from 23,800 to 26,000, which could suggest that a The post Trader closes $34 million Bitcoin short position following reversal signal appeared

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13:44 Yahoo.com BusinessBullish Bitcoin Leaps Resistance Hurdle in Weekend Breakout

Bitcoin’s breakout from $5,050 resistance has defied overbought indicators and set a new target of $5,550 for the bulls.

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13:20 Yahoo.com BusinessChinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. 1/ Chinese markets reveal strong buys. OTC (Over-The-Counter) trades, the almost only way to buy bitcoin with fiat in China, showing considerable $ premium (1 USDT = 7 CNY) over the official rate of 1 USD = 6.7 CNY. pic.twitter.com/bd0n0DGFVU — cnLedger (@cnLedger) April 8, 2019 After the Chinese government banned bitcoin and cryptocurrency trading in September 2017, local publications including SCMP have reported that a relatively large number of

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13:07 CryptoCoinsNews.comChinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. 1/ Chinese markets reveal strong buys. OTC (Over-The-Counter) trades, the almost only way to buy bitcoin with fiat in China, showing considerable $ premium (1 USDT = 7 CNY) over the official rate of 1 USD = 6.7 CNY. pic.twitter.com/bd0n0DGFVU — cnLedger (@cnLedger) April 8, 2019 After the Chinese government banned bitcoin and cryptocurrency trading in September 2017, local publications including SCMP have reported that a relatively large number of
The post Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin appeared first on CCN

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13:07 CoinDesk.comBullish Bitcoin Leaps Resistance Hurdle in Weekend Breakout

Bitcoin’s breakout from $5,050 resistance has defied overbought indicators and set a new target of $5,550 for the bulls.

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12:44 Yahoo.com BusinessRipple co-founder makes $25 million XRP donation to San Francisco University

Ripple co-founder Chris Larsen has sent a joint donation of $25 million in XRP tokens to San Francisco State University (SFSU). The university announced that the donation received last Friday was the “largest gift ever made in a digital asset to a university”. Larsen sent the joint donation alongside non-profit foundation Rippleworks and his wife, Lyna Lam. “This groundbreaking gift will position the College of Business as an evolving, distinctly diverse, and industry-relevant epicenter of business innovation and entrepreneurship,” said Leslie E. Wong, president of SFSU. “Chris, Lyna, and Rippleworks are innovators, and their gift will inspire our students to creatively and strategically approach the business and tech landscapes to become the next generation of entrepreneurs and global business leaders.” The post

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12:43 FinExtra.comXena Exchange offers free desktop terminal for cryptocurrency traders

Xena Exchange has today announced the launch of a free desktop terminal for its clients designed to...

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12:33 TheNextWeb.comSouth Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. The Seoul Special Judicial Police Bureau for Public Safety, which acts independently of local police, arrested the CEOs of “a Bitcoin enterprise” and an online store over their part in the scam last week. Ten other recruiters were also arrested.… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:09 Yahoo.com BusinessFake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution

Phishing scams are the bane of a good day. What better way to wake up than reading an email saying your credit card has been stolen? How about an email asking for bitcoin to keep you out of jail? Don’t you love phishing scams? There’s a new, particularly nasty crypto-related scam floating around, and it very well may ruin your life, quite literally, if you don’t pay attention.

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11:56 CryptoCoinsNews.comFake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution

Phishing scams are the bane of a good day. What better way to wake up than reading an email saying your credit card has been stolen? How about an email asking for bitcoin to keep you out of jail? Don’t you love phishing scams? There’s a new, particularly nasty crypto-related scam floating around, and it very well may ruin your life, quite literally, if you don’t pay attention. Potential side effects of buying into this nonsense: Mandatory sex offender registration Loss of substantial cash flow Lawsuits Benefitting criminals Etc. As you can tell by reading the side effects of their
The post Fake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution appeared first on CCN

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11:22 TheNextWeb.comMoonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. 2. After last week’s cryptocurrency upheaval, total market capitalization now sits at over $180 billion reaching a new five-month high, according to CoinDesk. 3. South Korean lawmakers are calling for a deregulation of… This story continues at The Next Web

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11:21 CoinDesk.comRipple Co-Founder Donates $25 Million in XRP to US University

Ripple co-founder Chris Larsen, his wife Lyna Lam and the Rippleworks nonprofit have donated $25 million in XRP to San Francisco State University.

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10:23 Yahoo.com BusinessMismanagement and Misdirected Funds: The ’21 Million’ Chainstarter ICO Story

A couple years ago, a person named Nick Ayton and his partner, David Lofts, launched an ICO to fund a television show. They then went on to found Chainstarter, which helps ICO-backed projects get off the ground. Chainstarter’s Use of 21 Million ICO Money A deep-dive by Cointelligence paints a much darker picture of the project and its goals. On Yavin, a researcher at Cointelligence, tells the story from beginning to end. Riveting, to say the least, if you have an interest in blockchain projects, the report details how Nick Ayton and David Lofts eventually parted ways on bad terms

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10:11 CryptoCoinsNews.comMismanagement and Misdirected Funds: The ’21 Million’ Chainstarter ICO Story

A couple years ago, a person named Nick Ayton and his partner, David Lofts, launched an ICO to fund a television show. They then went on to found Chainstarter, which helps ICO-backed projects get off the ground. Chainstarter’s Use of 21 Million ICO Money A deep-dive by Cointelligence paints a much darker picture of the project and its goals. On Yavin, a researcher at Cointelligence, tells the story from beginning to end. Riveting, to say the least, if you have an interest in blockchain projects, the report details how Nick Ayton and David Lofts eventually parted ways on bad terms
The post Mismanagement and Misdirected Funds: The ’21 Million’ Chainstarter ICO Story appeared first on CCN

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01:28 Yahoo.com BusinessTron CEO Trolls (?) Vitalik, Teases Unlikely Ethereum Alliance

Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with Ethereum This Year Justin Sun appeared on an episode of Rachel Wolfson’s TheCryptoChick podcast this week where he discussed the launch of the Tether stablecoin on Tron. While most of the podcast came off as a marketing opportunity for Sun, he did also take the time to address the prospect of a collaboration with Ethereum. When asked by Wolfson what he thought of Ethereum co-creator Vitalik Buterin’s recent jab at

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01:05 CryptoCoinsNews.comTron CEO Trolls (?) Vitalik, Teases Unlikely Ethereum Alliance

Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with Ethereum This Year Justin Sun appeared on an episode of Rachel Wolfson’s TheCryptoChick podcast this week where he discussed the launch of the Tether stablecoin on Tron. While most of the podcast came off as a marketing opportunity for Sun, he did also take the time to address the prospect of a collaboration with Ethereum. When asked by Wolfson what he thought of Ethereum co-creator Vitalik Buterin’s recent jab at
The post Tron CEO Trolls (?) Vitalik, Teases Unlikely Ethereum Alliance appeared first on CCN

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07.04.2019
23:56 Yahoo.com BusinessEthereum Classic Price Explodes 34%, Blasts Cryptocurrency to 4-Month High

The Ethereum Classic price jumped as much as 33.79-percent on Sunday, rocketing the cryptocurrency to a four-month high above $7.50. Ethereum Classic Sets New 2019 High, Goes Crazy on Coinbase CoinMarketCap data shows the Ethereum Classic price established an intraday high at $7.79, its best mark since November 16, 2018, on an hourly candle. On Coinbase, ETC formed higher highs towards $14, indicating that the demand on the US crypto trading platform was soaring compared to other exchanges. Whether or not US traders were able to benefit from the vast ETC price imbalance was unclear at this time of writing.

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23:32 CryptoCoinsNews.comEthereum Classic Price Explodes 34%, Blasts Cryptocurrency to 4-Month High

The Ethereum Classic price jumped as much as 33.79-percent on Sunday, rocketing the cryptocurrency to a four-month high above $7.50. Ethereum Classic Sets New 2019 High, Goes Crazy on Coinbase CoinMarketCap data shows the Ethereum Classic price established an intraday high at $7.79, its best mark since November 16, 2018, on an hourly candle. On Coinbase, ETC formed higher highs towards $14, indicating that the demand on the US crypto trading platform was soaring compared to other exchanges. Whether or not US traders were able to benefit from the vast ETC price imbalance was unclear at this time of writing.
The post Ethereum Classic Price Explodes 34%, Blasts Cryptocurrency to 4-Month High appeared first on CCN

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19:10 Yahoo.com BusinessBitcoin Cash Spikes 12%: Is the Anticipated “Altcoin Season” Imminent?

In the last 24 hours, the price of Bitcoin Cash surged from $287 to $322 by more than 12 percent as the valuation of the crypto market increased by around $4 billion. The 3 percent recovery of bitcoin led major crypto assets in the likes of Litecoin, TRON, and Ethereum Classic to record relatively large movements against the U.S. dollar. Why are Litecoin and Bitcoin Cash Surging While Ethereum and Bitcoin Settle For Minor Gains? Bitcoin spiked by more than 20 percent in the past week which played a vital role in changing the sentiment around the cryptocurrency market. But,

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18:46 CryptoCoinsNews.comBitcoin Cash Spikes 12%: Is the Anticipated “Altcoin Season” Imminent?

In the last 24 hours, the price of Bitcoin Cash surged from $287 to $322 by more than 12 percent as the valuation of the crypto market increased by around $4 billion. The 3 percent recovery of bitcoin led major crypto assets in the likes of Litecoin, TRON, and Ethereum Classic to record relatively large movements against the U.S. dollar. Why are Litecoin and Bitcoin Cash Surging While Ethereum and Bitcoin Settle For Minor Gains? Bitcoin spiked by more than 20 percent in the past week which played a vital role in changing the sentiment around the cryptocurrency market. But,
The post Bitcoin Cash Spikes 12%: Is the Anticipated “Altcoin Season” Imminent? appeared first on CCN

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18:24 Yahoo.com BusinessBitcoin at Most Overbought Level Since Record Bull Run: Bloomberg Analyst

Bitcoin (BTC) is at its most overbought level since its record highs in December 2017, Bloomberg Intelligence analyst Mike McGlone claimed in an article published on April 5. Per the report, Bitcoin’s GTI Global Strength Indicator shows that the coin has not been this overbought since its price neared its record peak of $20,000. Bloomberg also claims that similar patterns in the past have heralded multi-week long downturns.

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17:39 Yahoo.com BusinessBitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

From 2015 to 2017, the bitcoin price surged from around $150 to $20,000 in a parabolic movement, demonstrating a staggering gain of 13,233 percent within a two-year period. Big question re: analog year comparison is whether 10a rally will lead to 10b retest similar to 2013-2015 $BTC pic.twitter.com/BCRKSqBxsP — Peter Brandt (@PeterLBrandt) April 6, 2019 In the next several years, according to the analysis published by respected trader Peter Brandt, the bitcoin price could potentially recover quickly from the current level at $5,000 to over $50,000 if it continues to show strong momentum. Why Big Predictions For Bitcoin is Emerging

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17:27 Yahoo.com BusinessBitcoin Climbs Over $5,100 as Top Cryptos See Solid Gains

Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark. Bitcoin’s price has seen a gain of two and a half percent on the day, trading at around $5,156 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 20% higher than $4,095, the price at which Bitcoin started the week.

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17:15 CryptoCoinsNews.comBitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

From 2015 to 2017, the bitcoin price surged from around $150 to $20,000 in a parabolic movement, demonstrating a staggering gain of 13,233 percent within a two-year period. Big question re: analog year comparison is whether 10a rally will lead to 10b retest similar to 2013-2015 $BTC pic.twitter.com/BCRKSqBxsP — Peter Brandt (@PeterLBrandt) April 6, 2019 In the next several years, according to the analysis published by respected trader Peter Brandt, the bitcoin price could potentially recover quickly from the current level at $5,000 to over $50,000 if it continues to show strong momentum. Why Big Predictions For Bitcoin is Emerging
The post Bitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000 appeared first on CCN

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15:21 Yahoo.com BusinessFundstrat Global Advisors’ Thomas Lee: Bitcoin is back with a vengeance

Bitcoin is back in a bull trend, according to Fundstrat Global Advisors Co-Founder, Thomas Lee. During an interview with Bloomberg, he noted that tailwinds have been developing for the cryptocurrency this year with the dollar not strengthening and China rallying. “That’s bullish for crypto because the correlation is so high.” He continued: “We’ve had evidence that the so-called whales, the original holders of crypto, are starting to accumulate again. A lot of them sold in early 2018, that’s dry powder, they are starting to put that to work.” There is reason to believe that the jump we saw on 1st April was not short covering, it was real money being put to work, he added. Nigel Green Similar views were The post Fundstrat Global Advisors’ Thomas Lee: Bitcoin is back with a vengeance appeared first on Coin

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14:13 Yahoo.com BusinessDigital asset exchange OKCoin launches OKCoin Premier

San Francisco. 4th April 2019 – OKCoin announced today the launch of OKCoin Premier, an exclusive programme designed to give high-volume cryptocurrency traders access to premium services and trading features that enhance their access to OKCoin’s global liquidity pools. This is available to anyone who has traded at least $100,000 in digital asset trading over the last 30 days. “We’ve been serving high-volume traders for the last five years and we deeply understand their requirements,” says Jason Lau, COO of OKCoin. “So, we created unique new benefits and bundled them with our most popular features into OKCoin Premier. Whether you’re a high-volume trader, a crypto business, or financial institution, we’ve designed this program to meet your specific needs.” OKCoin provides retail traders The post Digital asset

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13:15 CoinDesk.comEven at $30, Bitcoin Was More Exciting Than Poker

Josh Rossi describes festive nights of playing poker with a who's who of the early bitcoin scene.

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12:19 Yahoo.com BusinessRipple Co-Founder Donates $25 Million in XRP to California University

Ripple co-founder Chris Larsen announced to attendees at a San Francisco State University celebration on Thursday that the company would donate $25 million in XRP to the university. The University stated the Ripple bequest was the largest cryptocurrency donation ever made to a U.S. university. As CCN reported,  Ripple (XRP) was up almost 13-percent ahead of the open of European markets on Friday. The donation to SFSU was a continuation of Ripple’s University Blockchain Research Initiative announced in June of 2018. The UBRI committed $50 million in resources that included funding, subject matter expertise and technical resources to 17 institutions

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11:56 Yahoo.com BusinessBitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 07/04/19

The bulls are looking to wrap up a solid week, with more gains. Litecoin 100 could light the markets. Look out for Bitcoin and $5,500…

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11:55 CryptoCoinsNews.comRipple Co-Founder Donates $25 Million in XRP to California University

Ripple co-founder Chris Larsen announced to attendees at a San Francisco State University celebration on Thursday that the company would donate $25 million in XRP to the university. The University stated the Ripple bequest was the largest cryptocurrency donation ever made to a U.S. university. As CCN reported,  Ripple (XRP) was up almost 13-percent ahead of the open of European markets on Friday. The donation to SFSU was a continuation of Ripple’s University Blockchain Research Initiative announced in June of 2018. The UBRI committed $50 million in resources that included funding, subject matter expertise and technical resources to 17 institutions
The post Ripple Co-Founder Donates $25 Million in XRP to California University appeared first on CCN

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11:22 Yahoo.com BusinessBitcoin set to surpass rival payment systems, DataLight

Bitcoin is on track to usurp Visa, Mastercard and PayPal as the top global payment system within the decade, according to a report from DataLight. This is based on such factors as a greater number of nodes, lower fees and average transaction size. “In just 10 years, Bitcoin has managed to compete with the leaders of the payment system industry. Its development is occurring exponentially,” the report states. “If it maintains this pace, in another 10 years, it will surpass all competition.” At the moment, the only factor that hinders quick development of its network is an upscaling problem. However, the solution for this – the Lightning network  – is upcoming. This will allow Bitcoin to increase its upscaling potential The post Bitcoin set to surpass rival payment systems, DataLight appeared first on Coin

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03:52 Yahoo.com Business‘Free’ Money: How Students Mine Cryptocurrency in Their Dorm Rooms

Indeed, many students don’t have to worry about paying power bills, as per their university housing contracts, which tend to cover electricity expenses. It almost seems too good to be true: Mining students receive a passive income, which can potentially cover the purchase of a few textbooks — or even pay for the whole semester and more. How popular is mining among students?

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02:54 Yahoo.com Business$50,000: Crypto Guru Reveals Dizzying Bitcoin Price Target

The crypto rally has lots more runway ahead, even if the bitcoin price appears stuck. Trader and classical chartist Peter Brandt revealed his bullish prediction of $50,000 for the bitcoin price, which is currently holding steady at $5,000. Investors must exhibit some patience, however, as it won’t happen overnight. Brandt expects that it will achieve this level over the next two-to-three years based on historical patterns that are resurfacing like a reflection in a mirror. Bitcoin Price Could Surge to $50,000 by 2021

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02:31 CryptoCoinsNews.com$50,000: Crypto Guru Reveals Dizzying Bitcoin Price Target

The crypto rally has lots more runway ahead, even if the bitcoin price appears stuck. Trader and classical chartist Peter Brandt revealed his bullish prediction of $50,000 for the bitcoin price, which is currently holding steady at $5,000. Investors must exhibit some patience, however, as it won’t happen overnight. Brandt expects that it will achieve this level over the next two-to-three years based on historical patterns that are resurfacing like a reflection in a mirror. Bitcoin Price Could Surge to $50,000 by 2021 There are countless bitcoin predictions out there, so what makes his so special? Unlike much of the
The post $50,000: Crypto Guru Reveals Dizzying Bitcoin Price Target appeared first on CCN

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00:16 Yahoo.com BusinessBitcoin Price: Why the Nasdaq Dotcom Bubble Suggests BTC Will Surge 200%

The Nasdaq, which plunged in value following both the dotcom bubble and financial crisis, more than doubled in value in the following five years of post-bubble recovery. Like the Nasdaq, bitcoin could recover rapidly in the medium-term, analysis suggests. With the 200-day moving average of bitcoin reversing its trend for the first time in 16 months and various technical indicators demonstrating a positive near-term trend for the asset, many industry executives and investment firms like Pantera Capital believe bitcoin has bottomed out. If $3,122 Was the Bottom, Bitcoin is En Route to a Strong Recovery As suggested by Bloomberg’s emerging

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00:04 CryptoCoinsNews.comBitcoin Price: Why the Nasdaq Dotcom Bubble Suggests BTC Will Surge 200%

The Nasdaq, which plunged in value following both the dotcom bubble and financial crisis, more than doubled in value in the following five years of post-bubble recovery. Like the Nasdaq, bitcoin could recover rapidly in the medium-term, analysis suggests. With the 200-day moving average of bitcoin reversing its trend for the first time in 16 months and various technical indicators demonstrating a positive near-term trend for the asset, many industry executives and investment firms like Pantera Capital believe bitcoin has bottomed out. If $3,122 Was the Bottom, Bitcoin is En Route to a Strong Recovery As suggested by Bloomberg’s emerging
The post Bitcoin Price: Why the Nasdaq Dotcom Bubble Suggests BTC Will Surge 200% appeared first on CCN

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06.04.2019
20:50 Yahoo.com BusinessBitcoin Core’s Peter Todd Fires Back at Sex Assault Allegation

Early bitcoin core developer Peter Todd is fighting for his reputation. Todd, a Canadian who started contributing to bitcoin’s code in 2012, revealed on Twitter that he has filed a lawsuit against someone in the community who allegedly accused him of rape and sexual assault, also on Twitter. Todd vehemently denies the accusations. According to the defamation complaint, which was filed in a California federal court, he is seeking injunctive relief and damages from the defendant, a California resident whose pseudonym is Isis Agora Lovecruft. You can’t make this stuff up. Todd has directed any questions to his attorneys Kronenberger

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20:38 CryptoCoinsNews.comBitcoin Core’s Peter Todd Fires Back at Sex Assault Allegation

Early bitcoin core developer Peter Todd is fighting for his reputation. Todd, a Canadian who started contributing to bitcoin’s code in 2012, revealed on Twitter that he has filed a lawsuit against someone in the community who allegedly accused him of rape and sexual assault, also on Twitter. Todd vehemently denies the accusations. According to the defamation complaint, which was filed in a California federal court, he is seeking injunctive relief and damages from the defendant, a California resident whose pseudonym is Isis Agora Lovecruft. You can’t make this stuff up. Todd has directed any questions to his attorneys Kronenberger
The post Bitcoin Core’s Peter Todd Fires Back at Sex Assault Allegation appeared first on CCN

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17:10 Yahoo.com BusinessRipple’s Chris Larsen gives ‘groundbreaking’ donation to SF State

Chris Larsen, Co-Founder of Ripple, his wife Lyna Lam and non-profit venture Rippleworks are stumping up $25 million in XRP for a university in California. The donation to San Francisco State University’s College of Business is believed to be the largest gift ever made in a digital asset to a university in the US. SF State now plans to name the University’s College of Business the Lam Family College of Business. The money will support the Lam-Larsen Fund for Global Innovation and two endowed chairs. The main aim is to “support students in learning about and becoming changemakers of local and global entrepreneurial and FinTech ecosystems”. “This groundbreaking gift will position the College of Business as an evolving, distinctly diverse and industry-relevant The post Ripple’s Chris Larsen gives

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16:14 Yahoo.com BusinessEthereum’s Vitalik Buterin lays into Deconomy for hosting Bitcoin SV “shills”

Ethereum co-creator Vitalik Buterin has slammed the organisers of the Deconomy conference for giving a platform to Bitcoin SV “shills”. Also of interest: Vitalik Buterin tells BCH community to ostracise Craig Wright over coin changes The event took place this week in Seoul, South Korea. It included a discussion panel involving various Bitcoin SV proponents. One of them, Ella Qiang, retweeted a photo of herself and others “being good” during a talk by Buterin. Being good student at V's scaling university https://t.co/CGKcpHBihx — 1ella (@ellaqiang9) April 5, 2019 Buterin, meanwhile, had this to say. Kinda disappointed @Deconomy_forum is again giving airtime to BSV shills, this time a panel of them. At least there's some hilarious quotes… my favorite was that Segwit is bad The post Ethereum’s Vitalik

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16:13 CryptoCoinsNews.comBitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains

On April 1, the bitcoin price initiated a large 19 percent rally from $4,200 to $5,000, peaking at $5,300 the next day across several major crypto exchanges. The rapid upside movement of bitcoin, which occurred in minutes, is said to have been triggered by two major factors. At $4,200, there were around $80 million worth of sell orders. As the sell orders were absorbed by buyers, it liquidated $500 million worth of short contracts. The absorption of massive sell orders, a short squeeze of bitcoin contracts, and the lack of resistance above $4,200 are considered as the main catalysts of
The post Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains appeared first on CCN

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14:45 Yahoo.com BusinessBitcoin Hovers Over $5,000 as Top Cryptos See Losses

Saturday, April 6 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark. Bitcoin’s price has seen a gain of half a percent on the day, trading at around $5,004 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 18% higher than $4,095, the price at which Bitcoin started the week.

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