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06.04.2019
14:23 Yahoo.com BusinessFundstrat Global Advisors Co-Founder Thomas Lee: Bitcoin Is Back in a Bullish Trend

Fundstrat Global Advisors co-founder Thomas Lee said that Bitcoin (BTC) is back in a bullish trend during an interview with Bloomberg published on April 5. During the interview, Lee pointed out that Bitcoin’s critics declared the cryptocurrency dead because it lost 90% of its value. Lee noted that a tailwind for Bitcoin formed this year because the dollar wasn’t strengthening and China’s equity multiplier has been growing.

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14:23 Yahoo.com BusinessHow to trade cryptocurrency in the UK

No matter where you are based in the world, learning how to trade cryptocurrency can be a daunting task for any newcomer – this anxiety is exacerbated by the notorious volatility of the crypto markets. Before you begin trading cryptocurrency in the UK, you should always do your research. Without prior knowledge, you are liable to make countless mistakes. In this guide, we discuss how to trade cryptocurrency in the UK. How to trade cryptocurrency in the UK  UK residents have more options when it comes to trading cryptocurrency than US residents. This is because the Securities and Exchange Commission (SEC) in the USA has been fighting hard for regulation, prompting many exchanges to ban US residents from their services. The post How to trade cryptocurrency in the UK appeared first on Coin Rivet.

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14:11 CryptoCoinsNews.comOKCoin is Attracting Institutional Customers With ‘Premier’ Crypto Service

OKCoin is consistently one of the top exchanges by adjusted volume. The exchange announced late yesterday its Premier program, which is aimed at institutional and high-volume clients. They’re targeting traders with at least $100,000 in volume in a 30-day period. The benefits are unique to an exchange with deep pockets: a dedicated account manager, guaranteed fast wire deposits (within 90 minutes when banks are open), and lower trading fees. OKCoin Competes for Big Business Current OKCoin users who surpass the $100,000 mark within 30 days are automatically converted to Premier status. The exchange also wants to attract users from other
The post OKCoin is Attracting Institutional Customers With ‘Premier’ Crypto Service appeared first on CCN

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13:04 CoinDesk.comThe Easiest Way to Send and Lose Bitcoin in 2012

Early bitcoin adopter Dan Gallancy talks about the trials and tribulations of giving away bitcoin.

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12:53 Yahoo.com BusinessThe Media’s Cringeworthy Coverage of Bitcoin’s Latest Price Surge

From April Fools jokes to "mystery" orders fueling bitcoin's recent rally, mainstream media still struggles to get basic aspects of the crypto market.

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12:07 CoinDesk.comThe Media’s Cringeworthy Coverage of Bitcoin’s Latest Price Surge

From April Fools jokes to "mystery" orders fueling bitcoin's recent rally, mainstream media still struggles to understand basic aspects of the cryptocurrency market.

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11:45 Fin24.comFin24.com | Bitcoin most overbought since record run, technical gauge says

Here’s something for recently emboldened crypto enthusiasts to mull: Bitcoin is now at its most expensive level since just before the spectacular crash of the most widely owned digital currency.

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03:48 Yahoo.com BusinessRipple Co-Founder Gives $25 Million Donation in XRP to San Francisco University

Chris Larsen, co-founder of San Francisco-based technology company Ripple, and his wife Lyna Lam have donated $25 million in XRP to a university in California, according to an official announcement on April 5. Larsen and Lam contributed $25 million worth of XRP tokens to San Francisco State University’s (SFSU) College of Business through RippleWorks, a private foundation that provides practical support to promising social entrepreneurs.

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02:52 Yahoo.com BusinessCrypto Hero? Retiring CFTC Chief Bites Back at Anti-Bitcoin Bullies

The CFTC chief delivered more than an earful about the way some outsiders really feel about bitcoin. J. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is nearing retirement when his term ends later this month. Known as Crypto Dad to the SEC’s Crypto Mom Hester Peirce, Giancarlo might deserve the title as Crypto Hero, instead, considering the heat he has had to endure for refusing to stifle blockchain innovation. Crypto Dad Defends CFTC’s Blockchain Stance Against Bitcoin Skeptics In a speech at the Eurofi Financial Forum in Bucharest, Romania, Giancarlo was generous with his opinions, citing

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02:40 CryptoCoinsNews.comCrypto Hero? Retiring CFTC Chief Bites Back at Anti-Bitcoin Bullies

The CFTC chief delivered more than an earful about the way some outsiders really feel about bitcoin. J. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is nearing retirement when his term ends later this month. Known as Crypto Dad to the SEC’s Crypto Mom Hester Peirce, Giancarlo might deserve the title as Crypto Hero, instead, considering the heat he has had to endure for refusing to stifle blockchain innovation. Crypto Dad Defends CFTC’s Blockchain Stance Against Bitcoin Skeptics In a speech at the Eurofi Financial Forum in Bucharest, Romania, Giancarlo was generous with his opinions, citing
The post Crypto Hero? Retiring CFTC Chief Bites Back at Anti-Bitcoin Bullies appeared first on CCN

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00:25 CoinDesk.comGoogle Searches for ‘Bitcoin’ Hit Highest Total Since November

Google searches for "bitcoin" jumped to its highest level on Tuesday since Nov. 20, 2018 as the cryptocurrency surged above $5,000 on most exchanges.

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05.04.2019
23:40 Yahoo.com BusinessBacklash Builds After CNBC’s Becky Quick Ridicules ‘Lottery Ticket’ Bitcoin

Nobody has been harder on bitcoin than the mainstream financial media, particularly during the crypto winter. Now that the market is showing signs of strength, bitcoin is back on their radar, but some continue to miss the point. Among them, CNBC’s Becky Quick probably got bitcoin the most wrong. CNBC’s Becky Quick Ridicules Bitcoin Becky Quick’s disdain of bitcoin began to seep through in a television interview with Fundstrat’s Tom Lee on Squawk Box. At first, the CNBC anchor’s concerns were reasonable enough surrounding how Lee came about a fair value price for bitcoin. Tensions quickly escalated, however, at least

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23:40 CryptoCoinsNews.comBacklash Builds After CNBC’s Becky Quick Ridicules ‘Lottery Ticket’ Bitcoin

Nobody has been harder on bitcoin than the mainstream financial media, particularly during the crypto winter. Now that the market is showing signs of strength, bitcoin is back on their radar, but some continue to miss the point. Among them, CNBC’s Becky Quick probably got bitcoin the most wrong. CNBC’s Becky Quick Ridicules Bitcoin Becky Quick’s disdain of bitcoin began to seep through in a television interview with Fundstrat’s Tom Lee on Squawk Box. At first, the CNBC anchor’s concerns were reasonable enough surrounding how Lee came about a fair value price for bitcoin. Tensions quickly escalated, however, at least
The post Backlash Builds After CNBC’s Becky Quick Ridicules ‘Lottery Ticket’ Bitcoin appeared first on CCN

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23:29 Yahoo.com BusinessBitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 05

Andreas Antonopoulos, Bitcoin educator and entrepreneur, believes that the next generation of use cases will highlight the need of Bitcoin to the average customer. Bitcoin is currently limited only to the tech-savvy users due to the difficulty in transaction and storage. In a report, software startup DataLight said that if Bitcoin continues to grow exponentially, the way it has in the past decade, then it will surpass the current leaders Visa, Master Card, and pay pal.

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22:54 BitcoinMagazine.comBitcoin Price Analysis: Sideways Consolidation Paves the Way for Macro Uptrend

Summary:

Buying pressure continues as the bitcoin market holds above the macro, bearish trendline and the monthly resistance level.There was a small amount of selling pressure but it was absorbed by eager bulls. The selling pressure seems to be profit taking as we continue to establish a low time frame uptrend of higher lows and higher highs.On a macro scale, we are sitting in between support and resistance levels and it seems very likely we will continue upward until we encounter the $5,500 toto $5,800 zone.
This article originally appeared on Bitcoin Magazine.

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22:44 Yahoo.com BusinessBitcoin Whales Have Started Splashing – This Rally’s Just Getting Started

On Squawk Box, Fundstrat Global Advisors head of research Thomas Lee said that despite the 16-month correction, bitcoin is en route to a steady accumulation phase throughout 2019. In the past 24 hours, the bitcoin price experienced a roughly 2.7 percent recovery following a slight pullback, climbing to $5,055 and leading a nearly $8 billion crypto market recovery.

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22:20 CryptoCoinsNews.comBitcoin Whales Have Started Splashing – This Rally’s Just Getting Started

On Squawk Box, Fundstrat Global Advisors head of research Thomas Lee said that despite the 16-month correction, bitcoin is en route to a steady accumulation phase throughout 2019. In the past 24 hours, the bitcoin price experienced a roughly 2.7 percent recovery following a slight pullback, climbing to $5,055 and leading a nearly $8 billion crypto market recovery. The slight retrace came after an impressive 19 percent rally of bitcoin from $4,200 to $5,000, a price movement analysts like Lee believe was crucial in rekindling the momentum of the market. Whales Accumulating Bitcoin is a Positive Sign According to Lee,
The post Bitcoin Whales Have Started Splashing – This Rally’s Just Getting Started appeared first on CCN

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22:20 CoinDesk.comStartup Behind Ethereum DEX Releases Lightning Developer Tools

Radar Relay, a decentralized exchange for trading tokens over ethereum, is branching out into bitcoin lightning technology.

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21:34 Yahoo.com BusinessEthereum Creator Rips Crypto Conference for Hosting Bitcoin SV ‘Shills’

Readers may remember the legendary moment last year when Ethereum co-creator Vitalik Buterin responded to a talk by Craig Wright to call him a “fraud.” Buterin had endured enough of what he viewed to be baseless claims on the part of Wright, who at the time was talking about “dishonest miners” in the crypto economy. Bitcoin SV Proponents Rant about “Legal Ramifications” of SegWit As the year wore on, Craig Wright and Calvin Ayre increasingly engaged in in-fighting with Bitcoin Cash developers and community members. It became clear that another fork was going to divide the community further, and in

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21:11 CryptoCoinsNews.comEthereum Creator Rips Crypto Conference for Hosting Bitcoin SV ‘Shills’

Readers may remember the legendary moment last year when Ethereum co-creator Vitalik Buterin responded to a talk by Craig Wright to call him a “fraud.” Buterin had endured enough of what he viewed to be baseless claims on the part of Wright, who at the time was talking about “dishonest miners” in the crypto economy. Bitcoin SV Proponents Rant about “Legal Ramifications” of SegWit As the year wore on, Craig Wright and Calvin Ayre increasingly engaged in in-fighting with Bitcoin Cash developers and community members. It became clear that another fork was going to divide the community further, and in
The post Ethereum Creator Rips Crypto Conference for Hosting Bitcoin SV ‘Shills’ appeared first on CCN

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20:48 BitcoinMagazine.comCanadian Drug Dealer Ordered to Forfeit $1.4 Million in Bitcoin

As part of an ongoing criminal case, a judge in Canada has ordered that a local online drug dealer must forfeit about 281.41 bitcoin (worth about $1.4 million) after it was found that he used the cryptocurrency to fund his illegal activities. It’s been reported as Canada’s largest-ever bitcoin forfeiture.
In 2015, local authorities seized the dealer’s laptop and the BTC tokens (worth about $65,885 at the time) were found, according to a report by the . The dealer, Matthew Phan, pleaded guilty to the charges of possessing illegal substances, including ketamine, cocaine and PCP, and attempting to import a gun, in December 2018.
At a forfeiture hearing last month, Phan begged the court to allow him to keep half of the cryptocurrencies discovered, saying that he didn’t use all of them for illegal purposes.
“Phan, who fought the

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20:36 Yahoo.com BusinessBitcoin Wash Trading: Sifting Facts From Fears

The San Francisco-based index fund provider declared that up 95 percent of Bitcoin trading volume as seen on CoinMarketCap (CMC) was due to so-called wash trading. Wash trading is a type of market manipulation where sell and buy orders are simultaneously placed on the same asset to create false and misleading trading activity in the market. Wash trading is illegal in regulated exchange platforms.

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20:22 CoinDesk.comBitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

Bitcoin startup Bitrefill is launching a new service aimed at helping onboard users of the lightning network more quickly.

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20:11 Yahoo.com BusinessBitcoin Ridiculously Overbought – One Trader Says it Will Still Go ‘Parabolic’

Now that the bitcoin price has broken above the $5,000 mark to set a new 2019 high, crypto traders are anxiously watching the charts to discern whether the flagship cryptocurrency will slaughter its next major resistance wall at $6,000 to triumphantly initiate a new bull market. Below, we dive into the bull and bear cases for bitcoin as traders grapple to maximize their profits when the cryptocurrency embarks on its next major move. Bear Case: Bitcoin Hasn’t Been This Overbought Since December 2017 After falling as low as $4,778 on Thursday, the bitcoin price is currently holding slightly below $5,000

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19:59 Yahoo.com BusinessBitcoin Holds Recent Gains Near $5,000 as Stocks Report Minor Uptrend

Friday, April 5 — most of the top 20 cryptocurrencies are reporting slight to notable gains on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark. Bitcoin’s price has seen almost no change on the day, trading at around $5,000 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 22% higher than $4,096, the price at which Bitcoin started the week.

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19:47 CryptoCoinsNews.comBitcoin Ridiculously Overbought – One Trader Says it Will Still Go ‘Parabolic’

Now that the bitcoin price has broken above the $5,000 mark to set a new 2019 high, crypto traders are anxiously watching the charts to discern whether the flagship cryptocurrency will slaughter its next major resistance wall at $6,000 to triumphantly initiate a new bull market. Below, we dive into the bull and bear cases for bitcoin as traders grapple to maximize their profits when the cryptocurrency embarks on its next major move. Bear Case: Bitcoin Hasn’t Been This Overbought Since December 2017 After falling as low as $4,778 on Thursday, the bitcoin price is currently holding slightly below $5,000
The post Bitcoin Ridiculously Overbought – One Trader Says it Will Still Go ‘Parabolic’ appeared first on CCN

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19:36 Yahoo.com BusinessCanadian cryptocurrency mine Hut 8 downsizes even more as second round of layoffs hits

Canadian cryptocurrency mine Hut 8, which operates 85 data centres in Drumheller and Medicine Hat, has laid off more workers, CBC reports.The post Canadian cryptocurrency mine Hut 8 downsizes even more as second round of layoffs hits appeared first on The Block.

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19:24 Yahoo.com BusinessSo many cryptocurrency and blockchain experts, so little time

Bitcoin and blockchain are just over 10 years old. Before Bitcoin, there were only a few expert cryptographers in the world. Cryptography is an extremely difficult discipline combining mathematics, coding, puzzle solving, philosophy, and sometimes economics. Since the birth of Bitcoin though, numerous gurus, speakers, and evangelists have popped up. Unfortunately, many of these cryptocurrency and blockchain experts are just lining their own pockets. Because of this deluge of “experts”, it makes picking the right sources for your information that much more difficult. Whether they be Bitcoin experts, blockchain experts, experts on tokens, or trading experts, each has their own view on what is true and what is false. The difficulty in these issues is that many of these experts The post So many cryptocurrency and

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18:37 Yahoo ScienceBitcoin Most Overbought Since Record Run, Technical Gauge Says

As the coin’s price broke above $5,000 for the first time since November this week, the GTI Global Strength Indicator, a technical analysis tool, showed it’s the most overbought since its run-up to nearly $20,000 in December 2017. Bitcoin climbed another 3 percent on Friday. It was released from the cage,” said Bloomberg Intelligence analyst Mike McGlone.

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18:14 Yahoo.com BusinessCrypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge

Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s massive Bitcoin price rally was built on a firm foundation. SFOX: Low Volatility and Rising Investment Bolster Crypto’s Bull Case According to SFOX, the crypto market remained “mildly bullish” heading into April. In March, the main fundamentals were low volatility and increasing investment. Similar to February’s report, SFOX was encouraged by the continuing investment in cryptocurrency infrastructure despite Bitcoin’s sideways trend. “At the same time that crypto volatility was decreasing,

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18:01 CryptoCoinsNews.comCrypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge

Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s massive Bitcoin price rally was built on a firm foundation. SFOX: Low Volatility and Rising Investment Bolster Crypto’s Bull Case According to SFOX, the crypto market remained “mildly bullish” heading into April. In March, the main fundamentals were low volatility and increasing investment. Similar to February’s report, SFOX was encouraged by the continuing investment in cryptocurrency infrastructure despite Bitcoin’s sideways trend. “At the same time that crypto volatility was decreasing,
The post Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge appeared first on CCN

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17:25 Yahoo.com BusinessBitcoin Most Overbought Since Record Run, Technical Gauge Says

As the coin’s price broke above $5,000 for the first time since November this week, the GTI Global Strength Indicator, a technical analysis tool, showed it’s the most overbought since its run-up to nearly $20,000 in December 2017. Bitcoin climbed another 3 percent on Friday. It was released from the cage,” said Bloomberg Intelligence analyst Mike McGlone.

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17:25 Yahoo.com BusinessThe pros and cons of cryptocurrency brokers and CFDs

Cryptocurrency turned from a niche thing known to a small group of computer geeks into a wildly popular speculative asset class that requires a number of trading tools and options. Contracts for difference – or CFDs for short – have been a favourite instrument for trading anything from gold to soybeans for decades, and now CFDs are widely used to speculate on cryptocurrency price movements. Let’s take a closer look at what CFDs are and how they can be used to gain exposure to the cryptocurrency market. What is a CFD? A contract for difference (CFD) is a financial derivative made in the form of futures contracts concluded between a trader and a broker and settled in cash payments rather The post The pros and cons of cryptocurrency brokers and CFDs appeared first on Coin Rivet.

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16:48 BitcoinMagazine.comOp Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense

Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past.
Of course, this is an oversimplification of the Bitcoin community. Crypto Twitter, which is the main hub of online cryptocurrency conversations these days, does not make up anywhere near the entire Bitcoin user base. When people talk about the Bitcoin community being toxic, they’re mostly complaining that some Bitcoin users were mean to them on the internet.
Having said that, there is a logical reason that some Bitcoin users get extremely angry at certain members of the greater crypto asset community.
What’s With the Hostility, Man? Bitcoin is defined by a set of protocol

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16:25 ComputerWeekly.comLondon council fined by the ICO for disclosing personal information held on Met Police Gangs Matrix

ComputerWeekly’s best articles of the day

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16:25 TheNextWeb.comFor better or worse, we’re still obsessed with Bitcoin’s price

Cryptocurrencies are renowned – and often criticized – for their volatility. It’s what makes them both risky and attractive for skeptics and investors.  Over the past decade, the mainstream press has largely ignored Bitcoin, generally focusing its coverage on the digital currency‘s association with crime and its sudden price movements. It’s therefore not surprising that Bitcoin‘s recent value rise resulted in countless headlines, with many industry commentators taking the opportunity to chime in. To recap, Bitcoin hit the $4,000 mark for the first time since January on March 27 and continued to rise until it surpassed $5,000 on April 3. At the… This story continues at The Next WebOr just read more coverage about: Bitcoin

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16:11 Yahoo.com BusinessBitcoin is #1 Trending on China’s Biggest Search Engine During 2019 Highs

By CCN.com: Bitcoin is now top of the list of trending keywords in the Baidu search engine, China’s equivalent to Google. Due to the recent price surge, #bitcoin tops today's Baidu hottest emerging keywords. (Baidu is like China's Google) pic.twitter.com/AWtVw9aOzw — cnLedger (@cnLedger) April 4, 2019 After plummeting from the all-time high in late December, Bitcoin reached a low of around $3,200 before surging in recent days above $5,000. The $5,000 line has proved itself to be a crucial battleground as a psychological market of support/resistance. At the time of writing, Bitcoin is testing resistance and trading at $4,997.95. Understandably,

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15:45 CryptoCoinsNews.comBitcoin is #1 Trending on China’s Biggest Search Engine During 2019 Highs

By CCN.com: Bitcoin is now top of the list of trending keywords in the Baidu search engine, China’s equivalent to Google. Due to the recent price surge, #bitcoin tops today's Baidu hottest emerging keywords. (Baidu is like China's Google) pic.twitter.com/AWtVw9aOzw — cnLedger (@cnLedger) April 4, 2019 After plummeting from the all-time high in late December, Bitcoin reached a low of around $3,200 before surging in recent days above $5,000. The $5,000 line has proved itself to be a crucial battleground as a psychological market of support/resistance. At the time of writing, Bitcoin is testing resistance and trading at $4,997.95. Understandably,
The post Bitcoin is #1 Trending on China’s Biggest Search Engine During 2019 Highs appeared first on CCN

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15:08 Yahoo.com BusinessXRP Swells 13.06% in a Sharp Recovery as Ripple ETPs Take Off

Ripple was a big mover this Friday as the company saw its XRP price rise nearly 13-percent ahead of the European market open. The XRP-to-dollar rate today established an intraday high towards $0.372 at about 0515 UTC. Earlier the same day, the pair was moving downwards in a massive bearish correction wave that confirmed a reversal upon testing 0.329. The bounce back move came on a substantial volume with far more XRP changing hands against Tether’s stablecoin USDT, South Korean Won, and Bitcoin’s BTC.

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15:08 CryptoCoinsNews.comXRP Swells 13.06% in a Sharp Recovery as Ripple ETPs Take Off

Ripple was a big mover this Friday as the company saw its XRP price rise nearly 13-percent ahead of the European market open. The XRP-to-dollar rate today established an intraday high towards $0.372 at about 0515 UTC. Earlier the same day, the pair was moving downwards in a massive bearish correction wave that confirmed a reversal upon testing 0.329. The bounce back move came on a substantial volume with far more XRP changing hands against Tether’s stablecoin USDT, South Korean Won, and Bitcoin’s BTC. Data on CoinMarketCap.com reported that XRP-enabled pairs conducted $2.351 billion worth of trades in the past
The post XRP Swells 13.06% in a Sharp Recovery as Ripple ETPs Take Off appeared first on CCN

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15:07 CoinDesk.com10 Passes To Go: Bitcoin’s Lightning Torch Will Soon Burn Out

The globe-trotting bitcoin payments experiment is nearing its end, having attracted participants like Twitter CEO Jack Dorsey.

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14:55 Yahoo.com Business‘In Ethereum, developers are more powerful than the miners,’ says Andreas Antonopoulos

Andreas Antonopoulos has claimed that in Bitcoin, the miners have the upper hand in consensus changes due to its “singular application platform”, whereas Ethereum is a multi-dApp ecosystem built primarily for creating “unstoppable” code and so developers have more control than miners. Andreas believes the reason why Ethereum developers have so much influence comes down to them having to manage a “bigger ecosystem of applications and library framework developers who are trying to take the [core protocol] and make it work in a broad range of use cases”. He says that if you break things for thousands of application developers, then you would “not hear the end of it”. A ‘mulligan’ Talking about his retrospective views relating to the 2016 The post ‘In Ethereum, developers are more powerful than the miners,’ says

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14:20 TheNextWeb.comBitcoin’s creator totally turns 44 today – happy birthday, Satoshi Nakamoto

Yo, Satoshi Nakamoto. Wherever (and whoever) you are, if you read this (for whatever reason): happy birthday. You deserve a celebration. While we don’t really know much about Nakamoto, Bitcoin‘s pseudonymous creator, they were “thoughtful” enough to leave behind some fun “facts” for us to obsess over, like their supposed “birthday.” Upon creation of their P2P Foundation online profile, Nakamoto‘s date of birth was listed as April 5, 1975. It also claimed he was a man living in Japan, in which case — お誕生日おめでとうビットコイン先生! Nakamoto, master of historic contextual references? On this day in 1933, US president Franklin D. Roosevelt took advantage of… This story continues at The Next WebOr just read more coverage about: Bitcoin

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13:55 Yahoo.com BusinessBitcoin Trading Volume Sank to 2-Yr Low in March as Price Cratered 75%

By CCN.com: Bitcoin trading volume tumbled to a two-year low in March 2019 as the industry was in the midst of a prolonged crypto bear market. Cryptocurrency exchanges reacted by raising trading fees, according to TradeBlock, a provider of trading tools for digital currencies.

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13:42 CryptoCoinsNews.comBitcoin Trading Volume Sank to 2-Yr Low in March as Price Cratered 75%

By CCN.com: Bitcoin trading volume tumbled to a two-year low in March 2019 as the industry was in the midst of a prolonged crypto bear market. Cryptocurrency exchanges reacted by raising trading fees, according to TradeBlock, a provider of trading tools for digital currencies. The fee hikes are not surprising because it’s a defensive maneuver to protect against dwindling revenues from falling trading volumes. “In 2018 and early 2019, prices contracted and trading volumes declined significantly from their peak. On average, exchanges raised fees on both the maker and taker sides in 2018 and 2019. “An increase in trading fees
The post Bitcoin Trading Volume Sank to 2-Yr Low in March as Price Cratered 75% appeared first on CCN

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13:17 Yahoo.com BusinessIs this the reason why Bitcoin’s price spiked?

A UK finance chief says the recent rise in Bitcoin’s price is being driven by long-term investors hoping history will repeat itself. The world’s most popular cryptocurrency enjoyed an unexpected spike in value this week, rocketing $1,000 to break through $5,000 – a figure untroubled for several months. Analysts across the globe have been left scratching their heads over the sudden rise and sustained value, but the boss of a London blockchain investment company believes the answer lies in a technical alteration to BTC coming early next summer. Bitcoin is being lined up for a ‘halving’ in May 2020 – a phenomenon which will see crypto miners earning fewer Bitcoins per block mined (a facet of the blockchain technology which The post Is this the reason why Bitcoin’s price spiked? appeared first on Coin

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11:16 Yahoo.com BusinessHow to make money trading cryptocurrency

After learning more about Bitcoin, Ethereum, and other altcoins, many people want to know how to make money trading cryptocurrency. But for every case of successful traders getting rich overnight, there’s an equally sad story to match it. For example, host of the popular What Bitcoin Did podcast Peter McCormack shared his story of how he won – and lost – his crypto fortune with the community last December. 1/ So here is a thread on how I turned $32,000 into $1.2m and back to pretty much zero (once taxes are paid). Just note, I am not bitter or salty in any way at all, the last 2 years have been an amazing ride – travelled the world, been wealthy, The post How to make money trading cryptocurrency appeared first on Coin Rivet.

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10:06 CryptoCoinsNews.comCanada Orders Convicted Dark Web Narcotrafficker to Forfeit $1.8 Million in Bitcoin

As CCN previously reported, Canadian Matthew Phan has been fighting to keep his cryptocurrency holdings out of the hands of the government after his arrest in 2015 and subsequent conviction. Phan’s argument was tenuous: he argued that not all of his crypto stash came from drug sales and that he should be allowed to keep his altcoins. The judge in his case has finally ruled on the matter, and Phan comes out in actually half-decent shape. You see, his Bitcoin stash was worth about $88,000 Canadian at the time of his arrest in 2015. Today it is worth about $1.9
The post Canada Orders Convicted Dark Web Narcotrafficker to Forfeit $1.8 Million in Bitcoin appeared first on CCN

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03:46 Yahoo.com BusinessDogecoin Hits the Big Leagues: Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi

Veteran exchange Huobi announced today that it would be listing three pairs for Dogecoin: DOGE/BTC, DOGE/ETH, and DOGE/USDT. When Moon? Dogecoin recently experienced a significant pump but has corrected on its BTC peg in the interim. The limitless supply cryptocurrency created by Jackson Palmer in 2014 has historically ranged between 50 and 100 Satoshis per coin, sometimes reaching as high as 2-300. The currency is widely traded and used in many places that also accept Bitcoin, Litecoin, and Ethereum, including gambling sites and payment processors. Notably, it is one of the oldest cryptocurrencies with a reasonable hashrate not to be

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03:22 CryptoCoinsNews.comDogecoin Hits the Big Leagues: Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi

Veteran exchange Huobi announced today that it would be listing three pairs for Dogecoin: DOGE/BTC, DOGE/ETH, and DOGE/USDT. When Moon? Dogecoin recently experienced a significant pump but has corrected on its BTC peg in the interim. The limitless supply cryptocurrency created by Jackson Palmer in 2014 has historically ranged between 50 and 100 Satoshis per coin, sometimes reaching as high as 2-300. The currency is widely traded and used in many places that also accept Bitcoin, Litecoin, and Ethereum, including gambling sites and payment processors. Notably, it is one of the oldest cryptocurrencies with a reasonable hashrate not to be
The post Dogecoin Hits the Big Leagues: Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi appeared first on CCN

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02:48 Yahoo.com BusinessBitcoin Is a Hedge Against ‘Irresponsible’ Federal Reserve: Asset Manager

As the bitcoin price recovers following a catastrophic bear market, crypto bulls are optimistic that good times lie ahead. Moreover, they predict that the public’s embrace of bitcoin will strengthen over time as they lose faith in the Federal Reserve for its “irresponsible” fiscal policies. Travis Kling is the founder and chief investment officer of Ikigai Asset Management. He says the Fed’s recent manipulation of interest rates has caused many people to lose faith in central banks. Kling: Bitcoin Price Rally Was a Reaction to the Fed In fact, Kling believes the recent bitcoin price spike was caused by growing

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02:36 CryptoCoinsNews.comBitcoin Is a Hedge Against ‘Irresponsible’ Federal Reserve: Asset Manager

As the bitcoin price recovers following a catastrophic bear market, crypto bulls are optimistic that good times lie ahead. Moreover, they predict that the public’s embrace of bitcoin will strengthen over time as they lose faith in the Federal Reserve for its “irresponsible” fiscal policies. Travis Kling is the founder and chief investment officer of Ikigai Asset Management. He says the Fed’s recent manipulation of interest rates has caused many people to lose faith in central banks. Kling: Bitcoin Price Rally Was a Reaction to the Fed In fact, Kling believes the recent bitcoin price spike was caused by growing
The post Bitcoin Is a Hedge Against ‘Irresponsible’ Federal Reserve: Asset Manager appeared first on CCN

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01:18 Yahoo.com BusinessGoogle Search Requests for ‘Bitcoin’ Tripled During Recent Price Surge

Google searches for "Bitcoin" nearly tripled during the recent price spike, according to Google Trends data. The rating is compiled by algorithms, wherein “numbers represent search interest relative to the highest point on the chart for the given region and time. In the United States, the most frequent search requests for Bitcoin were in California, Washington, Nevada, New York and Colorado.

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01:18 Yahoo.com BusinessBitcoin Price Careens Lower But Bullish Trend Survives

The bitcoin price on Thursday depreciated as much as 10.33-percent against the US dollar. The cryptocurrency reached an intraday low at $4,833 in an interim bearish correction. It was already trending inside an overbought zone when the downside action started. Traders found a decent opportunity to exit their long positions around bitcoin’s fresh yearly high at $5,342, prompting a sharp pullback towards $4,789, the higher-low from yesterday. The price didn’t extend the correction and started consolidating within a new trading range instead. Bitcoin Price Consolidates Below $5,000

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01:06 CryptoCoinsNews.comBitcoin Price Careens Lower But Bullish Trend Survives

The bitcoin price on Thursday depreciated as much as 10.33-percent against the US dollar. The cryptocurrency reached an intraday low at $4,833 in an interim bearish correction. It was already trending inside an overbought zone when the downside action started. Traders found a decent opportunity to exit their long positions around bitcoin’s fresh yearly high at $5,342, prompting a sharp pullback towards $4,789, the higher-low from yesterday. The price didn’t extend the correction and started consolidating within a new trading range instead. Bitcoin Price Consolidates Below $5,000 Coinbase data showed that bitcoin was more likely to extend its bearish correction
The post Bitcoin Price Careens Lower But Bullish Trend Survives appeared first on CCN

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00:22 Yahoo.com BusinessBitcoin trading volume hits two-year low in March: report

Bitcoin volume in the top five digital currency exchanges totaled $2.14 billion last month, the lowest since April 2017 when volume was just $845.7 million. The original cryptocurrency, bitcoin has dropped more than 70 percent since hitting an all-time high of nearly $20,000 in December 2017, a slump that has spread to all digital currencies. A global regulatory crackdown led by the U.S. Securities and Exchange Commission has created concerns about greater oversight and acceptance of digital currencies as payments, taking the wind out of the once red-hot virtual assets.

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00:20 Reuters.com TechnologyBitcoin trading volume hits two-year low in March: report

Bitcoin's trading volume dropped to a two-year low in March, digital currency trading tool provider TradeBlock said in a report on Thursday, as investors remained spooked by increased regulatory scrutiny.

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04.04.2019
23:48 Yahoo.com BusinessRejected Mt. Gox Victims Get Second Chance to Reclaim Lost Bitcoin

Not everyone who used Mt. Gox or even who lost money on the disgraced bitcoin exchange is entitled to receive anything from the civil rehabilitation plan, a recent document posted to the failed exchange’s website reveals. Approved creditors have the right to dispute the claims of other creditors, who in turn have the right to appeal. Japanese law also provides for “self-approved claims,” but these creditors fall under a different set procedure. Bitcoin Exchange Victims Have Until May 7 to Appeal Claim Rejections

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23:36 CryptoCoinsNews.comRejected Mt. Gox Victims Get Second Chance to Reclaim Lost Bitcoin

Not everyone who used Mt. Gox or even who lost money on the disgraced bitcoin exchange is entitled to receive anything from the civil rehabilitation plan, a recent document posted to the failed exchange’s website reveals. Approved creditors have the right to dispute the claims of other creditors, who in turn have the right to appeal. Japanese law also provides for “self-approved claims,” but these creditors fall under a different set procedure. Bitcoin Exchange Victims Have Until May 7 to Appeal Claim Rejections Self-approved claimants also lack the right to vote on various aspects of the civil rehabilitation plan, a
The post Rejected Mt. Gox Victims Get Second Chance to Reclaim Lost Bitcoin appeared first on CCN

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23:02 Yahoo.com BusinessWhy Bitcoin is STILL Undervalued by a Staggering 64%

The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s increase is justified, but he told CNBC the BTC price fails to reflect fair value, which he says is $14,000. Using this measure, bitcoin is currently trading at approximately 64% below its fair market value. Tom Lee: Bitcoin Price REALLY Worth $14,000

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22:50 BitcoinMagazine.comStudy Predicts Bitcoin Could Become Leading Payment System Within Decade

A new report by the software firm DataLight predicted that Bitcoin could become the world’s top payment system within the next decade if it maintains its current growth rate.
“In just 10 years, Bitcoin has managed to compete with the leaders of the payment system industry,” the report found. “Bitcoin’s development is occurring exponentially. If it maintains this pace, in another 10 years, it will surpass all competition.”
For so long, global payments have been championed by platforms like Visa, Mastercard and PayPal, who offer seamless, if flawed, payment options for individuals and companies.
In its report, DataLight wrote that while Bitcoin still has fewer users than established payment networks like Visa and Mastercard, these two in particular were established over half a century ago.
Currently, there are about 25

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22:39 CryptoCoinsNews.comWhy Bitcoin is STILL Undervalued by a Staggering 64%

The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s increase is justified, but he told CNBC the BTC price fails to reflect fair value, which he says is $14,000. Using this measure, bitcoin is currently trading at approximately 64% below its fair market value. Tom Lee: Bitcoin Price REALLY Worth $14,000 Fundstrat’s Lee bases his assessment on the number of active bitcoin addresses coupled with activity per user, which for the most
The post Why Bitcoin is STILL Undervalued by a Staggering 64% appeared first on CCN

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22:39 CoinDesk.comCanadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.

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21:42 Yahoo.com BusinessGreedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do

A CCN reader wrote in to ask us to explain why he has 13 payments pending in the Bitcoin blockchain. The answer is simple enough: at any time, the Bitcoin main chain can become congested. The only way to ensure Bitcoin payments arrive in a very timely fashion is to either pay the highest possible fee or use Lightning Network, which is still gaining traction. Lightning Network Usage Dwarfed by Main Chain Usage For all the fanfare, regular Bitcoin wallet users vastly outnumber Lightning’s users . Therefore, miners are cleaning up in terms of fees right now. According to a

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21:41 CryptoCoinsNews.comGreedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do

A CCN reader wrote in to ask us to explain why he has 13 payments pending in the Bitcoin blockchain. The answer is simple enough: at any time, the Bitcoin main chain can become congested. The only way to ensure Bitcoin payments arrive in a very timely fashion is to either pay the highest possible fee or use Lightning Network, which is still gaining traction. Lightning Network Usage Dwarfed by Main Chain Usage For all the fanfare, regular Bitcoin wallet users vastly outnumber Lightning’s users . Therefore, miners are cleaning up in terms of fees right now. According to a
The post Greedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do appeared first on CCN

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20:44 Yahoo.com BusinessBitcoin Cash Price Drops 10.7% – Has the Massive Crypto Rally Stalled?

The bitcoin cash (BCH) price endured a significant correction on Thursday as the fifth-largest cryptocurrency dropped 10.7-percent from its session high. Top Cryptocurrencies Pull Back from Recent Highs The BCH-to-dollar rate had surged around 100-percent since Monday morning, leaving its top rival bitcoin behind in terms of overall gains. The pair extended its rally towards $341.66 after the US market open yesterday. Later, it corrected to circa $280 in just two hours – its intraday low. The next BCH flight was not much impressive, as it recovered a mere 8-percent against an overall 22-percent downside correction. As of 16:30 UTC,

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20:32 CryptoCoinsNews.comBitcoin Cash Price Drops 10.7% – Has the Massive Crypto Rally Stalled?

The bitcoin cash (BCH) price endured a significant correction on Thursday as the fifth-largest cryptocurrency dropped 10.7-percent from its session high. Top Cryptocurrencies Pull Back from Recent Highs The BCH-to-dollar rate had surged around 100-percent since Monday morning, leaving its top rival bitcoin behind in terms of overall gains. The pair extended its rally towards $341.66 after the US market open yesterday. Later, it corrected to circa $280 in just two hours – its intraday low. The next BCH flight was not much impressive, as it recovered a mere 8-percent against an overall 22-percent downside correction. As of 16:30 UTC,
The post Bitcoin Cash Price Drops 10.7% – Has the Massive Crypto Rally Stalled? appeared first on CCN

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19:57 Yahoo.com Business‘Glorified Test Net’: Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’

By CCN.com: Crypto trader Mike Novogratz fails to see the value in Litecoin. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, blasts Litecoin’s size and in doing so seems to comes across as threatened by the fifth-biggest cryptocurrency. The Litecoin price has seen its value expand by 40% in April alone, gains that if you ask Novogratz would be better served by bitcoin. The former Fortress hedge fund manager capitalized on Litecoin’s reputation as being digital silver to bitcoin’s gold, comparing the size of the respective precious metal and crypto markets. While silver’s market cap is

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19:45 BitcoinMagazine.comBitcoin at $5,000: What Has Changed Since 2017

Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. This unfolding price scenario should not immediately be ruled out as a repeat of what happened in 2017. However, as the market reaction seems to be positive so far (given that bitcoin sits at $5,214 at the time of this writing), recent developments in the crypto space could be working to make today’s change different from 2017’s movement.
Investors From active bitcoin wallets to those joining the crypto community through the likes of the r/Bitcoin subreddit, the number of new people in the space has risen. In 2017, the price breakout over $5,000 was one of the reasons many new investors joined the bitcoin train. Whether seeing it at $5,000 again for the first time after a year of slowdown would

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19:33 CryptoCoinsNews.com‘Glorified Test Net’: Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’

By CCN.com: Crypto trader Mike Novogratz fails to see the value in Litecoin. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, blasts Litecoin’s size and in doing so seems to comes across as threatened by the fifth-biggest cryptocurrency. The Litecoin price has seen its value expand by 40% in April alone, gains that if you ask Novogratz would be better served by bitcoin. The former Fortress hedge fund manager capitalized on Litecoin’s reputation as being digital silver to bitcoin’s gold, comparing the size of the respective precious metal and crypto markets. While silver’s market cap is
The post ‘Glorified Test Net’: Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’ appeared first on CCN

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19:23 Yahoo.com BusinessFive of the top cryptocurrency trading platforms

Cryptocurrency trading platforms allow you to swap your fiat money or other cryptocurrencies for other cryptocurrencies. Since their creation, many have turned into extremely profitable businesses, with Kraken and Binance becoming well-known names in the wider industry. Each platform has its own quirks and benefits – some offer a wide variety of altcoins while some act as a fiat bridge to buy your cryptocurrencies. Here are five of the top cryptocurrency trading platforms in no particular order. Kraken Kraken was founded by Jesse Powell in 2011 during the early days of cryptocurrencies. Since then, it has gone on to become one of the biggest exchanges in the world, with 4 million clients and over $140 billion being traded on the The post Five of the top cryptocurrency trading platforms appeared first on Coin

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19:00 TheNextWeb.comBelgian watchdog adds 7 new scams to its cryptocurrency blacklist

The Belgian Financial Services and Markets Authority (FSMA) is continuing to warn citizens about the associated risks of dealing with cryptocurrencies after identifying seven new scam websites. In today’s warning, FSMA says it has “continued to receive new complaints of consumers who have invested in cryptocurrencies through these trading platforms.” The newly identified websites are as follows: www.bearsmarkets.com www.btckingdom.com www.directco-invest.com www.maisonducoins.net www.novoplacement.com www.ripae-homine.com www.tribelylimited.com The regulator explains the modus operandi of many of these scams, noting how they typically offer prospective customers the opportunity to make “secure, easy, and very lucrative” investments. “They [the scam operators] try to inspire confidence… This story continues at The Next Web

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18:59 Yahoo.com BusinessHacked Bitcoin Exchange Bithumb Tells Traders to Halt Deposits

Bithumb, the exchange recently hacked last week to the tune of around $20 million, sent out an e-mail this morning asking customers to cease making deposits until further notice. The exchange reiterates its claim that no customer funds are lost. Instead, the request is to help investigators. It reads, in part: We would like to ask you to stop making deposits of cryptocurrency in order to check our member’s assets through external organization and to cooperate with the investigating agency in connection with an accident that is supposed to be an internal embezzlement that occurred on March 29th. Inside Job

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18:35 CryptoCoinsNews.comHacked Bitcoin Exchange Bithumb Tells Traders to Halt Deposits

Bithumb, the exchange recently hacked last week to the tune of around $20 million, sent out an e-mail this morning asking customers to cease making deposits until further notice. The exchange reiterates its claim that no customer funds are lost. Instead, the request is to help investigators. It reads, in part: We would like to ask you to stop making deposits of cryptocurrency in order to check our member’s assets through external organization and to cooperate with the investigating agency in connection with an accident that is supposed to be an internal embezzlement that occurred on March 29th. Inside Job
The post Hacked Bitcoin Exchange Bithumb Tells Traders to Halt Deposits appeared first on CCN

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18:24 Yahoo.com BusinessSwiss luxury hotel now accepts payments in Bitcoin

Who says that history and tradition are incompatible with cutting-edge technology? Luxury Swiss hotel the Dolder Grand just proved that the two can coexist by becoming the first hotel in Switzerland to accept Bitcoin payments. The Dolder Grand now accepts Bitcoin The Dolder Grand was constructed in Zurich in 1897 under the direction of Basel architect Jacques Gros. Beyond its 175 rooms and majestic location, the enchanting hotel is rich in history. During the war years, members of European royal families would travel to the Dolder Grand to escape the unrest. They could find solace in Switzerland’s neutral terrain. Post-war, among the hotel’s most famous guests were Winston Churchill, Sophia Loren, Roger Moore, Luciano Pavarotti, and Elizabeth Taylor. As a The post Swiss luxury hotel now accepts payments in Bitcoin

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18:24 Yahoo.com BusinessBullish Bitcoin Technicals Thrills Analysts to Predict Next Leap Beyond $7,000

By CCN.com: As the bitcoin price slightly retraced below $5,000, the valuation of the crypto market dropped by $9 billion in the past 24 hours. However, based on technical indicators, analysts remain convinced that the $5,000 to $6,000 range will be broken by bitcoin in the near-term and $7,000 is the next reasonable step for the dominant cryptocurrency.

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18:12 CryptoCoinsNews.comBullish Bitcoin Technicals Thrills Analysts to Predict Next Leap Beyond $7,000

By CCN.com: As the bitcoin price slightly retraced below $5,000, the valuation of the crypto market dropped by $9 billion in the past 24 hours. However, based on technical indicators, analysts remain convinced that the $5,000 to $6,000 range will be broken by bitcoin in the near-term and $7,000 is the next reasonable step for the dominant cryptocurrency. The valuation of the crypto market dropped by $9 billion but in the past seven days, even with today’s drop, the market has added $28 billion. Why $7,000 For Bitcoin? According to technical analyst Todd Butterfield, the bitcoin price is likely to
The post Bullish Bitcoin Technicals Thrills Analysts to Predict Next Leap Beyond $7,000 appeared first on CCN

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17:15 TheNextWeb.comA cryptocurrency debunker’s quixotic quest to save endangered marmots with an emoji

Marmots. If you’re unfamiliar with this creature, marmots are kinda like squirrels, but the size of a house-cat. In Canada, they’re heavily endangered, and one cryptocurrency anti-influencer is hellbent on raising awareness with an official marmot emoji. Preston Byrne is a lawyer and self-professed blockchain nerd. On Twitter, you’ll often find him subverting influencer-centric cryptocurrency discussion with talk of marmots. If it helps, the groundhog (from Groundhog Day) is technically a marmot. There’s also an (imaginary) marmot-associated cryptocorrency, Marmotcoin. Its (sadly theoretical) supply-limit is pegged to the population of marmots (unlike Bitcoin‘s fixed 21-million supply), and one marmot is always equivalent to one Marmotcoin. This… This story continues at The Next Web

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17:10 TheFintechTimes.comCryptocurrency Exchange IronX Announces Public Launch Following Successful $26M ICO

The IronX Exchange is a joint venture between IronFX, the multi-asset broker and EmurgoHK, the Cardano (ADA coin) creator. The Exchange has a full range of both crypto and fiat wallet funding options available. Following their successful $26 million ICO (Top 5 in 2019) and the beta testing process afterwards,...
The post Cryptocurrency Exchange IronX Announces Public Launch Following Successful $26M ICO appeared first on The Fintech Times.

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17:03 Yahoo.com BusinessTerrifying $243 Trillion Global Debt Bomb is a Disaster Only Bitcoin Can Fix

By CCN.com: Global debt now stands at a terrifying $243 trillion according to a report by the Institute of International Finance this week. That’s quarter of a quadrillion. We’re in the realms of the absurd. This is unsustainable. And it’s the fault of a broken and irresponsible monetary system, addicted to printing money and issuing credit. It’s time to admit we need a new alternative. While it’s far from perfect, bitcoin offers a viable solution with its fixed supply and regulated output. It’s time for a revolution.

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16:39 CryptoCoinsNews.comTerrifying $243 Trillion Global Debt Bomb is a Disaster Only Bitcoin Can Fix

By CCN.com: Global debt now stands at a terrifying $243 trillion according to a report by the Institute of International Finance this week. That’s quarter of a quadrillion. We’re in the realms of the absurd. This is unsustainable. And it’s the fault of a broken and irresponsible monetary system, addicted to printing money and issuing credit. It’s time to admit we need a new alternative. While it’s far from perfect, bitcoin offers a viable solution with its fixed supply and regulated output. It’s time for a revolution. Global Debt Monitor: “Only” $3.3 trillion was added to the global #debt mountain
The post Terrifying $243 Trillion Global Debt Bomb is a Disaster Only Bitcoin Can Fix appeared first on CCN

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16:16 Yahoo.com BusinessAiming for the stars: The Apollo cryptocurrency is making waves in the industry

After I wrote a one-sided version of the recent Jelurida vs Apollo story, I was called out (and rightly so) by Steve McCullah, Apollo’s founder, and the entire Apollo community. However, there were no insults or trash-talk – rather the opposite. With much grace and dignity, it was pointed out to me that the article I chose to base my opinion on is not as up-to-date as it should be. Did I misudge @ApolloCurrency on my latest piece? Will do a follow-up next week with new findings. A big thank you to the Apollo community for calling me out so nicely! /tiphat — Pedro Febrero (@Febrocas) March 31, 2019 In the meantime, I would hope that the Jelurida team puts The post Aiming for the stars: The Apollo cryptocurrency is making waves in the industry appeared first on Coin Rivet.

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16:05 Yahoo.com BusinessHong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term

By CCN.com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance. Consequently, bitcoin traders who engage in unfair trade practices with regards to bitcoin mining hardware face a five-year jail sentence. A maximum fine of 0.5 million Hong Kong dollars is also applicable. Some of the unfair trade practices which were listed by Lau include ‘false trade descriptions’ and ‘bait advertising’. Others include ‘misleading omission’, ‘aggressive commercial practices’, ‘bait-and-switch’ as well as ‘wrongly accepting payment’. Who

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16:04 Benzinga.comJapan Is Getting Serious About Cryptocurrency

After a disastrous 2018, the cryptocurrency market is bouncing back in 2019.
Japan is one of the global hubs for cryptocurrency trading, and the Asian nation has been making plenty of cryptocurrency headlines in recent weeks.
read more

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15:40 CryptoCoinsNews.comHong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term

By CCN.com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance. Consequently, bitcoin traders who engage in unfair trade practices with regards to bitcoin mining hardware face a five-year jail sentence. A maximum fine of 0.5 million Hong Kong dollars is also applicable. Some of the unfair trade practices which were listed by Lau include ‘false trade descriptions’ and ‘bait advertising’. Others include ‘misleading omission’, ‘aggressive commercial practices’, ‘bait-and-switch’ as well as ‘wrongly accepting payment’. Who
The post Hong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term appeared first on CCN

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15:29 Yahoo.com BusinessJamaica’s National Stock Exchange Will Pilot Bitcoin and Ethereum Trading

By CCN.com: In a further sign of the blurring of the lines between crypto and mainstream assets, it will soon be possible to trade bitcoin on the Jamaica Stock Exchange (JSE). The exchange which was founded five decades ago has inked an agreement with Canadian fintech firm Blockchain that will ‘enable live trading of digital assets and security tokens in a regulated and secured environment’, according to a statement. Under the agreement, Blockstation will offer the end-to-end crypto trading platform for JSE’s network. This followed a test-run in which the broker-dealer members of the JSE participated. JSE’s subsidiary, the Jamaica

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15:18 TheNextWeb.comYou’ll need a bank account to use UnionBank’s new Bitcoin ATM

UnionBank (UBP), the seventh largest bank in the Philippines officially got itself into the cryptocurrency game this week, but there’s a catch. Users will be required to use a UBP bank account to exchange funds to and from virtual currency. After announcing its proposed roll out back in February, UnionBank launched its first bank-based cryptocurrency ATM this week, the bank confirmed to Hard Fork. It will only serve Bitcoin at the moment, though. UnionBank has not confirmed if it will offer other cryptocurrencies in the future. The ATM is located in “The ARK,” UnionBank’s first fully digital branch, launched back… This story continues at The Next WebOr just read more coverage about: Bitcoin

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15:17 CryptoCoinsNews.comJamaica’s National Stock Exchange Will Pilot Bitcoin and Ethereum Trading

By CCN.com: In a further sign of the blurring of the lines between crypto and mainstream assets, it will soon be possible to trade bitcoin on the Jamaica Stock Exchange (JSE). The exchange which was founded five decades ago has inked an agreement with Canadian fintech firm Blockchain that will ‘enable live trading of digital assets and security tokens in a regulated and secured environment’, according to a statement. Under the agreement, Blockstation will offer the end-to-end crypto trading platform for JSE’s network. This followed a test-run in which the broker-dealer members of the JSE participated. JSE’s subsidiary, the Jamaica
The post Jamaica’s National Stock Exchange Will Pilot Bitcoin and Ethereum Trading appeared first on CCN

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14:42 Yahoo.com BusinessBitMEX to Compensate Users Affected by Unforeseen Auto-Deleveraging After Bitcoin Bullrun

Cryptocurrency trading platform BitMEX will refund users who lost money during this week’s Bitcoin (BTC) bull run after technical problems affected its contracts, the company confirmed in a press release updated April 3. BitMEX, which offers various leveraged trading products for Bitcoin and other cryptocurrencies, had automatically closed some clients’ positions as the Bitcoin and Ethereum (ETH) price rose via a process known as auto deleveraging. The number of positions affected was minimal, the company claimed, while online commentators noted the amount of money involved already circled $500 million for Bitcoin as of April 2.

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14:30 Yahoo.com BusinessJamaica Stock Exchange to trial Bitcoin and Ethereum trading

The Jamaica Stock Exchange (JSE) will list Bitcoin and Ethereum as part of its partnership with Canadian start-up Blockstation. Coin Rivet reported on the JSE’s partnership with the fintech firm in January, with the duo setting plans to launch a “live digital currency trading terminal”. And now the plans look set to come to fruition with Wednesday’s announcement confirming that the JSE will list digital assets as well as security tokens. “Blockstation has been a good partner over the past year, working closely with us and our stakeholders to ensure that their platform satisfies every requirement,” said Marlene Street Forrest, Managing Director of the JSE. Forrest added: “This is an unprecedented opportunity for the JSE to diversify its product offerings The post Jamaica Stock Exchange to trial Bitcoin and Ethereum

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14:06 CoinDesk.comBitcoin Faces Price Pullback Amid Extremely Overbought Conditions

Bitcoin could be in for a minor price retreat as the RSI is showing the most overbought conditions for 16 months.

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13:56 TheNextWeb.comIndian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition. As previously reported by Hard Fork, Bhardwaj set up a series of Bitcoin mining firms, including GB Miners, Gain Bitcoin, and MCAP. As part of the scheme, he promised investors 10x returns for their money. Needless to say, none of his promises delivered and, instead, investors lost their hard-earned cash.… This story continues at The Next WebOr just read more coverage about: Bitcoin

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13:55 Yahoo.com BusinessCanada Seizes $1.4 Million Bitcoin Holdings in Reportedly Largest Ever Forfeiture

A Toronto judge has ruled an online drug dealer must pay his entire $1.4 million Bitcoin (BTC) holdings to the state in what is reportedly Canada’s largest ever forfeiture, local daily news outlet The Star reported April 3. Matthew Phan, who dealt in illegal narcotics online, had tried to convince law enforcement he had amassed his 281.41 BTC (worth around $1.4 million at press time) through other activities. The court had sought to claim the stash in February, with Phan appealing against the demands, a process he has now appeared to lose.

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13:54 CryptoCoinsNews.com$300M Indian Bitcoin Ponzi Mastermind Amit Bhardwaj Bails Out of Jail

By CCN.com: The Supreme Court of India granted interim bail to Amit Bhardwaj in a $300 million Bitcoin Ponzi case lodged by the Enforcement Directorate (ED). The GainBitcoin founder, according to his lawyer Deepak Prakash, was suffering from kidney failure for months. He reportedly spent a majority of his prison time in a Jail hospital in Delhi. Bhardwaj’s ailing health prompted him to skip court hearings since December 2018 in about 12 criminal cases filed against him across India. The Supreme Court heard Bhardwaj’s bail plea on March 27 and ordered his lawyers to submit his medical reports in the next
The post $300M Indian Bitcoin Ponzi Mastermind Amit Bhardwaj Bails Out of Jail appeared first on CCN

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13:43 Yahoo.com BusinessConsensys and Ripple Labs join new EU blockchain association; backed by 105 members

A new EU blockchain association was launched yesterday with the aim to promote blockchain technology in Europe. The International Association of Trusted Blockchain Applications (INATBA) is planning a “predictable, transparent, and trust-based global framework” in order to foster blockchain adoption.The post Consensys and Ripple Labs join new EU blockchain association; backed by 105 members appeared first on The Block.

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13:08 Yahoo.com BusinessBitcoin Will See Global Need After Future Applications Emerge, Says Andreas Antonopoulos

South Koreans will need Bitcoin (BTC) once its as-yet-unknown applications have been developed, Andreas Antonopoulos told the ongoing Deconomy conference in Seoul on April 4. Speaking at the event attended by a Cointelegraph correspondent, the celebrated Bitcoin educator and entrepreneur forecast a fundamental shift in Bitcoin’s presence on the world stage. The largest cryptocurrency will usurp the current fiat-based banking system, Antonopoulos said, but only after developing the next generation of use cases will the true global need for Bitcoin become obvious for the average consumer.

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12:21 TheNextWeb.comBitcoin’s price surge pushes cryptocurrency-related stocks into the green

Bitcoin and other cryptocurrencies weren’t the only investments to benefit from the leading coin‘s recent price jump. The cryptocurrency made headlines earlier this week for a price rally thought to have been ushered in by one mystery buyer. Over a matter of hours, Bitcoin‘s trading price jumped 20 percent and broke the $5,000 barrier for the first time since November last year. As Bitcoin‘s price rose, so did a host of other coins and digital assets. But virtual currencies weren’t the only ones that benefitted from the price increase. In fact, cryptocurrency and blockchain-related stocks also profited from the renewed… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:20 Yahoo.com BusinessFirst Litecoin and XRP exchange-traded products (ETPs) go live to EU investors

The first XRP and Litecoin exchange-traded products (ETPs) will be available to EU investors via Nordic Growth Market on Friday, April 5, according to an official statement. The listing of both cryptocurrencies marks the first time investors in the EU have access to these digital assets through a regulated exchange. Nordic Growth Market (NGM) is a Stockholm-based firm owned by Boerse Stuttgart, Germany’s second-largest exchange. NGM’s deputy CEO Tommy Fransson said: “This is first and foremost a win for investors, especially those in Sweden who have demonstrated such strong support of prior crypto offerings. As an industry, it is important for us to listen, though with caution, to the requests of our investors and respond in kind.” He added: “We The post First Litecoin and XRP exchange-traded products (ETPs) go live

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11:57 TheNextWeb.comCanada confiscates $1.4M in Bitcoin from dark web drug dealer

A Canadian judge has ordered the forfeiture of approximately $1.4 million in Bitcoin found on a drug dealer’s computer as part of a criminal investigation. On Wednesday, Superior Court Justice Jane Kelly ordered that 281.41 Bitcoin be handed over to the Ministry of the Attorney General following evidence that 30-year-old Matthew Phan used the cryptocurrency to fund the purchase of a gun and illegal narcotics on the dark web. According to The Toronto Star, Phan pleaded guilty to attempting to import a gun and possessing several illegal substances including cocaine, ketamine, and PCP in December last year. In a forfeiture hearing in February, Phan… This story continues at The Next WebOr just read more coverage about: Bitcoin

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11:33 Yahoo.com BusinessResearch: Bitcoin Can Beat Visa, MasterCard to Top World Payment System in 10 Years


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