Crypto News Feed

This crypto news feed page draws news from some of the more respected crypto portals on the net. Please be aware though that these are not usually official news press releases and may contain bias from the writers in question.

Disclaimer: As with any form of media, some degree of journalistic license and potential bias should always be taken into account when reading news articles, and Wise Cryptos advises against investing based on information garnered from one source only.

Crypto News Feed:

  • News - 16 February 2020, 8:30 pm

    Binance’s CZ that you never knew: Talking with Cointelegraph’s number one in crypto. Some call him the Bill Gates of the crypto industry, but I personally think he is not just pushing forward our industry but transforming deeply rooted economic and social culture. He fills concert halls talking about the importance of decentralization and the freedom of money. He finds time to organize dinners for journalists, introducing them to the empire he built before briskly leaving for another meeting with his team. He is idolized by his colleagues, respected by his competitors, and radiates positive energy when you meet him.In the 2019 bear market, he managed to keep Binance’s position as one of the leading crypto exchanges by launching its first initial exchange offering in January, developing its native blockchain Binance Chain, running a decentralized trading platform, launching a United States trading desk, and keeping it competitive with Binance’s futures trading platform — to cite just a few developments.So, when the time came to make a choice for the winner of Cointelegraph’s first-ever Top 100 list, Changpeng Zhao’s selection was a unanimous decision among our editors.I had the wonderful opportunity to spend an hour with CZ on the eve of Valentine’s Day — a holiday he would spend with his true love: his work — to talk a bit about himself and his plans (with the next major move being the launch of Binance Cloud, exclusive details on which will be revealed very soon).Keep everything simple and work hardUpon learning that he was selected for the top spot on the list and being asked about his favorite accomplishments in 2019, he was characteristically humble: “Other than just putting together a really good team and then leading them forward, I personally didn’t really do that much. But the team did a…Read More

  • News - 16 February 2020, 8:00 pm

    David Marcus of Facebook and Calibra came into the media spotlight late in 2019, and quickly became a vital figure for the industry. David Marcus was born in France, grew up in Paris and Geneva, and had shown interest in tech from his early years. At 23, he founded his first company — internet provider GTN — and later sold it.Related: Who Is David Marcus: Bitcoin Believer Turned Facebook Libra Co-CreatorMarcus is currently the head of Calibra, a subsidiary of Facebook and the official wallet provider for the Libra cryptocurrency. He is a former head of messaging products at Facebook and was a board member of Coinbase in 2018. Prior to that, Marcus served as the president at PayPal after the Zong payments company he created in 2018 was bought out by the financial services giant.Unveiling LibraIn late 2018, Facebook’s initiative to develop its own digital stablecoin thrust Marcus into the spotlight of the crypto scene, as the tech entrepreneur was reported to be heading the effort. Following the official announcement of the Libra project, Marcus became a frequent newsmaker by either attempting to quell concerns around the project or making assurances about its future.Most importantly, Marcus became a crucial figure in July 2019 after he was called in by the United States Congress to appear in two hearings on consecutive days in order to respond to the lawmakers’ harsh criticisms.Ahead of the hearings, Marcus wrote a letter addressed to Democratic Rep. Maxine Waters — who had previously summoned Facebook to Capitol Hill — in which he said that Calibra and the Libra Association would cooperate with the lawmakers. Marcus stated:“I want to give you my personal assurance that we are committed to taking the time to do this right.”At the hearings before the U.S. Senate Banking Committee, Marcus was…Read More

  • News - 16 February 2020, 7:45 pm

    Bitcoin price has crossed the $10K mark seven times this year, which begs the question: is BTC finally ready to flip this key psychological level to support? Bitcoin (BTC) bulls were celebrating the digital asset’s recent surge above $10,000 for the first time this decade, but the smiles were short-lived as Bitcoin failed to hold above $10K for a meaningful amount of time.Is this another short-lived bull run like the seven times Bitcoin crossed $10K in 2019? Or is this time different?Daily crypto market performance. Source:$10K Bitcoin in 2019BTC USD daily chart. Source: TradingViewAs can be seen in the chart above, Bitcoin crossed over the $10,000 mark on seven occasions in 2019. Each time, the leading digital asset failed to maintain its price above this level for more than a few days.During this time, altcoins rallied as if the much-anticipated “alt season” was upon us. But as we later found out, it wasn’t, and there was still more downside to come.So is this time around any different? Here are a few important things to consider.Is seven the magic number in 2020?Since Bitcoin surpassed $10K on Feb. 9, we have seen the leading digital asset rocket above and below this key psychological barrier line exactly seven times. However, the big difference here, is that it has occurred over a seven-day period, whereas in 2019 it was over a four-month period.BTC USD daily hourly Source: TradingViewThis shows that volatility has returned to the crypto market, but can we expect Bitcoin to cross up beyond the $10K price mark again in the short term? Or is this a long-overdue correction for Bitcoin that will see the price plummet further?To determine the likely outcome, there are a few more factors I feel are worth considering at this point.The $675 CME gapFighting for the…Read More

  • News - 16 February 2020, 7:30 pm

    2019 saw the long-awaited launch of ICE’s digital assets platform, Bakkt. CEO Kelly Loeffler is now pursuing a career in the U.S. Senate. Since the 2017 mania, every year in the crypto and blockchain space has been increasingly eventful. 2019 was no exception: Along with Facebook’s Libra project and China’s digital yuan endeavors, Intercontinental Exchange’s digital assets platform Bakkt was finally launched. Its CEO, Kelly Loeffler, ensured a smooth start for the exchange, then swiftly left her business to pursue a political career by the end of the year. She now represents the state of Georgia in the United States Senate, and as one of the most influential people affiliated with the crypto industry, she could potentially pave the way for Bitcoin and other cryptocurrencies in Washington.From an Illinois farm to Atlanta’s highest business circlesLoeffler was born in Bloomington, Illinois on Nov. 27, 1970. She grew up on her family’s farming estate in Stanford, working the soybean fields. “We lived simply,” Loeffler recalled at a recent press conference. “Life revolved around farming, church, school and 4-H.” She allegedly became interested in stock markets as early as the age of 10; her mother kept track of commodity prices on a kitchen napkin every day before lunchtime.In 1988, Loeffler graduated from Olympia High School, where she partook in various sporting activities — namely cross country, track and basketball (she has since purchased the Atlanta Dream of the Women’s National Basketball Association). Her peers from high school have described her as “very bright and articulate and just kind of a beacon of light in her class.”In 1992, Loeffler graduated from the University of Illinois with a bachelor’s degree in marketing. She then obtained a master’s in business administration from Chigaco’s DePaul University in 1999.In 2002, she joined the Intercontinental Exchange, or ICE, after…Read More

  • News - 16 February 2020, 7:00 pm

    It used to be the Russian government; these days, it’s the United States SEC. 2019 was one hell of a year for Pavel Durov.The serial entrepreneur announced and made moves to release the Telegram Open Network, or TON — the blockchain associated with his Telegram messaging app. The idea of TON is to allow users to go beyond simply sending messages and emojis to each other, by using the app’s underlying infrastructure to transact a cryptocurrency called Gram in a completely trustless and secure manner.But the United States Securities and Exchange Commission had other plans for the launch of Telegram’s new blockchain product, filing an emergency restraining order in October in an effort to halt the initial coin offering after it raised $1.7 billion in an unregistered sale.“Our emergency action today is intended to prevent Telegram from flooding the U.S. markets with digital tokens that we allege were unlawfully sold,” said SEC Division of Enforcement co-director Stephanie Avakian at the time. “We allege that the defendants have failed to provide investors with information regarding Grams and Telegram’s business operations, financial condition, risk factors, and management that the securities laws require.”But it would appear that this wasn’t enough for Telegram to properly hit the brakes on its ICO — the SEC managed to dig up evidence that token sales continued after that. Now, Telegram joins large entities like Facebook who want to make meaningful plays in crypto but are being held back at the shirttail by regulators and enforcers. Telegram boasts some 200 million users around the world, and the TON blockchain would give them a token-enabled economy to participate in online. But the U.S. government considers this illegal.Durov gave a deposition in Dubai on the matter in early January, a full transcript of which is available online. While his project…Read More

  • News - 16 February 2020, 6:33 pm

    Bitcoin price tumbles further only to bounce off a key support area around $9,600 as most altcoins such as ETH and XRP see even bigger losses. Bitcoin (BTC) price has fallen further dropping about $300 in less than one hour on Sunday, Feb. 16, though paring some losses since with a bounce from $9,600 to $9,790 at press time.Crypto market 1-day price chart. Source: Coin360Bad weekend for Bitcoin price bullsMost other cryptocurrencies fared much worse, however, as evidenced by Bitcoin’s market dominance rising one percent from yesterday to 63.2%.The bad weekend for the bulls began on Saturday after losing the $10,000 level. Today, BTC/USD tumbled further and bounced off a key resistance level at around $9,600, which also happens to be the 20-day moving average or 20-MA.So what’s next for Bitcoin? The $9,850 level need to be reclaimed, according to regular Cointelegraph Markets analyst filbfilb, in order to avoid dropping further to $9.4-$9.5K and $8.8K support areas.BTC/USD 1-day chart. Source: TradingviewWorth noting is that the weekend drop has left a so-called Bitcoin futures “gap” at $10,495, the price at which CME BTC futures trading closed on Friday. As Cointelegraph reported numerous times before, the phenomenon of these gaps being filled upon resumption of trading — typically within a few days — has not gone unnoticed.Meanwhile, the Fear and Greed Index has dropped from 64 to 59, which still means that the market sentiment is currently “greed” and suggesting that the multi-week rally above $10,300 is due for a correction.Altcoins red across the boardBitcoin’s 40% gains year to date have seen many altcoins posting ever bigger gains. However, the opposite appears to also be true as the losses for altcoins tend to be bigger as well.Ether (ETH) is down almost 6% in the past 24 hours, while EOS, XRP and Bitcoin…Read More

  • News - 16 February 2020, 6:30 pm

    Crypto’s success may hinge on users’ ability to pay for $5 items with Ether, Bitcoin and Bitcoin Cash. Are we there yet? Cryptocurrencies and blockchain technology were meant to liberate the oppressed, bank the unbanked and democratize countries with opaque authoritarian governments. Whether or not the crypto sector has actually achieved these goals remains a topic of debate, but it is fair to say that a surprising number of crypto startups, initial coin offerings and blockchain companies have either missed the mark or proven to be outright scams.But Ethereum co-founder Vitalik Buterin has been unassailable in his mission to build the “World Computer.” Since piecing together a revolutionary white paper in 2013, the soft-spoken genius behind the Ethereum project and Ether (ETH) cryptocurrency has been a steady advocate for the democratizing capacity of decentralized networks.Born on Jan. 31, 1991, Buterin lived the first six years of his life in the Russian city of Kolomna — roughly 62 miles away from Moscow — before he and his parents relocated to Canada in search of better employment opportunities. Buterin performed well in school, attending The Abelard School in Toronto and displaying an uncanny aptitude for mathematics and science. Buterin finished one year at the University of Waterloo before dropping out in 2013, as his passion for blockchain technology could not wait for finishing his studies.Although Buterin had been an active participant in the Bitcoin community since 2011, as a co-founder of Bitcoin Magazine, he is better known as the man responsible for the seminal Ethereum white paper.As an active participant and contributor to numerous Bitcoin communities, Buterin frequently proposed building a more fluid version of the Bitcoin core network that would support the swift creation of decentralized apps without functionality-layering procedures. Eventually, after a succession of failed proposals, Buterin decided to develop…Read More

  • News - 16 February 2020, 6:30 pm

    With the total value locked in the DeFi market crossing $1 billion, industry stakeholders look toward greater global adoption. In one year, the total value of Ether (ETH) locked in DeFi markets has increased from $317 million to over $1 billion. With the increasing level of activity in the market sector, the next logical progression appears to be focused on making DeFi solutions more mainstream.However, like other decentralized apps, DeFi protocols still have issues with usability among everyday users. Factors such as liquidity and governance could also hold serious implications for introducing DeFi products to the broader financial market.With lending products occupying the greater majority in the current DeFi ecosystem, DApp developers have to consider real-world hitches like loan repayment and defaults. Also, the volatility of crypto prices that act as collateral can exert significant stress on the market.Currently, solutions like multi-collateralized and non-collateralized lending appear to be gaining some popularity in the market. However, these systems might still require more robust stress testing to evaluate their effectiveness in dealing with internal and external stressors.Apart from handling price instability, a larger DeFi market could mean greater regulatory scrutiny and more significant competition with legacy finance systems. The crypto market as a whole continues to be subject to even tighter regulatory standards with Anti-Money Laundering being a major focus for governments across the world.DeFi market growth crosses $1 billion milestoneAs previously reported by Cointelegraph, the total ETH value locked in the DeFi market has crossed the $1-billion mark. Data from analytics platform reveals that the current value of the market represents an almost-300% increase from 12 months ago.In an email to Cointelegraph, a spokesperson for the Maker Foundation highlighted the growth rate of the DeFi market, stating that the pace is exciting, adding: “I believe it speaks to the shared…Read More

  • News - 16 February 2020, 6:00 pm

    How Coinbase’s Brian Armstrong ensured his position in Cointelegraph’s Top 100 At the helm of Coinbase since founding it with Fred Ehrsam in 2012, Brian Armstrong has weathered rough storms of compliance law to operate the largest crypto exchange active in the United States. Both Coinbase’s stature within the industry and Armstrong’s extracurricular activities moving adoption and regulation forward — particularly within the U.S. — have ensured his position in Cointelegraph’s top 10. Major changes at Coinbase in 2019 set the stage for 2020As the exchange is not publicly traded, evaluating it is tricky. At the end of October 2018, Coinbase announced a massive $300 million funding round that put the firm’s value at $8 billion, but subsequent estimates are difficult.In addition to high-profile startup acquisitions like Neutrino and Blockspring, Coinbase Custody bought Xapo’s custody service in August, putting the value of Coinbase’s total assets under custody at $7 billion. At the time, the firm said this made them the largest crypto custodian in the world. Similarly looking to make crypto more accessible to more people, Coinbase launched a Visa debit card linked to crypto early in April, which it subsequently expanded across Europe in April.In his own broader summary of the past decade in crypto, Armstrong gave his version of the major events, putting Coinbase’s survival as a firm second to Bitcoin’s resilience since 2010. This was through a time when high-profile attacks on crypto exchanges like Mt. Gox left many skeptical that the entire business model of a crypto exchange was feasible, given the ingenuity of hackers. Describing the central achievement of Coinbase over the past decade, Armstrong said: “We made cryptocurrency easier to use in the process and introduced tens of millions of new people to this new technology.”The cryptosphere at largeArmstrong’s outlook on the past 10 years contained insights that extended…Read More

  • News - 16 February 2020, 5:30 pm

    Joe Lubin’s long path from managing a lab in Princeton to building the technology serving as “an organizing principle for earth, the world, the planet.” Canadian entrepreneur and software engineer Joseph Lubin helped spearhead the development of the open-source smart contract blockchain platform that came to be known as Ethereum. Lubin has long believed that this technology could serve “as an organizing principle for earth, the world, the planet.”As one of the wealthiest and most influential public figures in the industry, Lubin founded ConsenSys, a company that develops Ethereum-based products and tools to increase adoption of Ethereum applications around the world, taking the view that the decentralized future is already here — just unevenly distributed.Early life and careerJoe Lubin was born in 1964 in Toronto, Canada, with his father engaged in dental practice, while his mother worked as a real estate agent. In the early 1980s, Lubin began his study at Princeton University in electrical engineering and computer science. Following graduation in 1987, he spent three years working at Princeton’s Robotics and Expert Systems Laboratory as a manager, devoting himself to the exploration of the machine vision, artificial neural networks, autonomous road vehicle, 3D graphics and robotics.The circumstances were such that in Princeton, Lubin was a roommate of Michael Novogratz , who studied economics and subsequently became a Wall Street veteran and a longstanding advocate of digital currency. Lubin spent the 1990s and 2000s in close quarters with the financial world, developing software for Goldman Sachs’ private wealth management division as the vice president of technology. He later established a hedge fund.Lubin was among those who believed that the 2008 global financial crisis would plunge the global economy into an extended recession that would take “20+ years for the snake to digest this elephant of debt.” Indeed, the crisis reportedly…Read More

  • News - 16 February 2020, 5:00 pm

    Fighting for human rights and equality for a better future for humanity: From academia to crypto and the tech that stands behind it. After more than a decade of Bitcoin’s existence, Satoshi Nakamoto, author of Bitcoin’s white paper back in 2008, remains the most mysterious person within the crypto community. Despite who he, she or they might be, Satoshi’s brainchild — the first decentralized currency — is still thriving, and it has changed the world as we knew it. The past 10 years were not a straight path: We have been witness to a lot of criticism of crypto, which was claimed to be “the mother and father of all bubbles”; Bitcoin’s record price hitting around $20,000 per coin and the subsequent collapse of around 2,000 cryptocurrencies — which lost around 80% of their combined market cap; experts declaring the end of the crypto winter; and many other small and big turns in Bitcoin’s history. Meanwhile, Bitcoin has proven its capacity to exist in spite of everything, and its greatest hopes now reside in the Lightning Network and solutions like it. Even though the identity of Satoshi remains a mystery, the person behind Lightning Network is a well-known leader in the global free culture movement: Elizabeth Stark.From Ivy League to Silicon ValleyBorn and raised in Brooklyn, New York, Elizabeth Stark — unlike so many of her tech industry peers who left school long before earning a degree — is a great example of a successful academic fellow. She holds a bachelor of arts from Brown University in international relations and earned her J.D. at Harvard Law School.As a former academic, Stark was a fellow at the Yale Information Society Project, a lecturer of computer science at Yale University, an adjunct associate professor at NYU, and was an entrepreneur-in-residence at Stanford StartX.Back to…Read More

  • News - 16 February 2020, 4:30 pm

    As the cryptocurrency world entered the year 2020, Cointelegraph takes a look at the top 10 influencers in the cryptocurrency space. Earlier this year, Ripple CEO Brad Garlinghouse responded to controversy surrounding XRP movements by saying that Ripple cannot control the price of its associated token any more than Bitcoin (BTC) whales control the price of the seminal cryptocurrency.Regarding Ripple’s relationship with XRP, he said, “In the XRP community, Ripple is the largest owner, and the point I have made is we’re the most interested party in the success of the XRP ecosystem.” He added that Ripple would never dump its XRP holdings into the market, as doing so is not in the firm’s best interests.Since taking the helm of the payments-focused fintech company in 2015, Garlinghouse has overseen its rapid expansion into new markets, the launch of new subsidiaries and affiliates, and defended Ripple in public controversies. Yahoo and a loathing for peanut butter Before joining Ripple in 2015, Garlinghouse held a number of prominent positions in the tech and fintech space. After receiving his bachelor’s degree from the University of Kansas and a master’s in business administration from Harvard Business School, Garlinghouse held positions at Yahoo, AOL and file-sharing site Hightail. At Yahoo, Garlinghouse occupied several senior management positions, including the role of senior vice president, and in 2006, he authored the “Peanut Butter Manifesto,” which was subsequently published in the Wall Street Journal.In the manifesto, Garlinghouse called for a radical reorganization of Yahoo’s structure, likening small investments across myriad projects and departments to a layer of peanut butter spread thinly across a piece of bread. Garglinghouse wrote, “I hate peanut butter. We all should.”After criticizing the lack of clarity and decisiveness at Yahoo, he called for a shakeup that would streamline and decentralize various aspects of the firm.In 2012, Yahoo…Read More

  • News - 16 February 2020, 4:07 pm

    With Bitcoin’s fall below $10,000, the top performers of this week are witnessing profit booking. Bitcoin dropped below the psychologically important level of $10,000 on Feb. 15. This has dragged the crypto markets lower, whose market capitalization has dropped below $300 billion. Though Bitcoin has declined, its market dominance has risen from below 61% on Feb. 15 to 62.5%. This shows that altcoins have fallen more than Bitcoin.Serial venture capitalist Mike Novogratz believes that Bitcoin is likely to rise to its lifetime highs in 2020. He said that Bitcoin was the “best new brand of the past eleven years” and had found its lane as a store of value. Novogratz felt that Bitcoin was a little frenzied and it could reach its old highs by May’s block reward halving.Crypto market data weekly view. Source: Coin360The current fall in Bitcoin has not changed its bullish structure. Hence, we remain positive on it but we believe that the rally in 2020 is likely to be gradual. We expect several intermittent corrections as bears defend the overhead resistance levels aggressively.However, corrections are an important feature of any bull market because they keep the sentiment from turning euphoric. The dips also offer an opportunity for long-term investors to accumulate at lower levels.Though Bitcoin is down in the past seven days, the top performers in our list have risen sharply. Will these top performers track BTC/USD lower or does their chart suggest higher levels in the next few days? Let’s find out.LINK/USDChainlink (LINK) has again made it to the top 5 performers’ with a rally of about 35% this week. It has also been an outperformer this year with a rise of over 160%. During the week Link announced new partnerships with Swipe, 0x and Offchain labs. Can the altcoin extend its stellar run for…Read More

  • News - 16 February 2020, 4:00 pm

    Tron CEO Justin Sun is one of the most controversial yet successful figures in the blockchain industry — here’s what to expect from him in 2020 Born in China’s Qinghai Province, 29-year-old Justin Sun is the founder and CEO of Tron, one of the largest blockchain networks in the world. Sun, who holds a master’s degree in East Asian studies from the University of Pennsylvania and a bachelor of arts in history from Peking University, launched the Tron Foundation in Singapore in September 2017. Later that year, Tron released its open-source protocol, followed by its mainnet launch in May 2018.Tron’s cryptocurrency, Tronix (TRX), currently ranks as the 14th-highest-performing cryptocurrency in the world. According to the Tron website, TRX is capable of handling 2,000 transactions per second. Tron acquired peer-to-peer file-sharing giant BitTorrent in June 2018 to run the BitTorrent token, BTT.Justin Sun’s controversies met with successSince founding Tron in 2017, Sun has become one of the most controversial figures in the blockchain space. In March 2019, Sun announced a contest on Twitter to give away a Tesla. This created an uproar, as Sun switched back and forth between winners multiple times. Sun also made headlines for scheduling, canceling and finally organizing a lunch meeting with famous billionaire Warren Buffet.While he may be polarizing, Sun is responsible for much of the success behind the Tron ecosystem. According to Sun, Tron’s biggest accomplishment in 2019 was the partnership the company formed with Samsung, which was announced last October. Sun told Cointelegraph:“A big obstacle for blockchain adoption has been getting phone manufacturers to accept cryptocurrency and blockchain-based apps. For instance, many crypto wallets are unable to make it on the Apple Store and Google Play. Forming the partnership with Samsung shows that the Samsung Galaxy store supports cryptocurrency and DApps. Samsung is key for building on Galaxy.…Read More

  • News - 16 February 2020, 3:58 pm

    China set to quarantine used banknotes in an attempt to stop the spread of the coronavirus, commentators say crypto could be the answer. It has been reported that China has started a quarantine of its used bank notes to try to stop the spread of the coronavirus. Meanwhile, the crypto community began to pick up on the news commenting that the use of Bitcoin as a means of payment should fix the issue.More confirmed cases of the epidemic outbreakHubei province, where Wuhan is located, recorded a dramatic spike of almost 15,000 new cases and 242 new deaths in just 24 hours after provincial authorities changed their method for diagnosing cases on Feb 13. Dovey Wan, founding partner of Primitive Crypto claimed on twitter earlier today that the government is underreporting the numbers.BBC’s recent report informed of 2,009 new cases and 142 more deaths. According to the official figures, the total number of infected in the nation is above 68,000, and the death toll is at 1,665.Effects on the crypto marketChinese crypto mining facilities allegedly being shut appears to have had little to no impact on Bitcoin (BTC) network hash rate. The network appears to be performing stronger than ever with hash rates continuing to rise.Mati Greenspan, the founder of Quantum Economics, told Cointelegraph that it is hard to estimate the impact on the market right now, “How it will affect Bitcoin’s price, I really couldn’t tell you. At the moment, I don’t feel like it is.” Meanwhile a spokesperson for mining hardware manufacturer Bitmain said that they are seeing no impact at all.Birth of CoronaCoinWhile the crypto community is speculating on twitter whether Bitcoin could have been the answer to the spread of the virus through banknotes, a Coronavirus based ERC-20 corona-coin (NCOV) has been launched according to a Reddit…Read More

  • News - 16 February 2020, 2:27 pm

    Craig Wright has warned the BTC and BCH communities to stop using his Bitcoin database illegally. Craig Wright, who claims to be the Bitcoin creator known as Satoshi Nakamoto, has warned the Bitcoin (BTC) and BCH to stop using the Bitcoin database in order to avoid potential lawsuits. He claims that both networks may also violate the laws under the terms of Bitcoin’s original EULA and MIT License.The man behind Bitcoin SV in the recent personal blog post added that he is going to take back control of the system he created, and is ready to fight for his rights this year.Craig Wrights’ main argumentWrights argues that the distributed Bitcoin database rights are governed by the Copyright, Designs and Patents Act 1988 (CDPA) and the Copyright and Rights in Databases Regulations 1997 (Databases Regulations 1997). So it should be considered as personal property.Dr. Wright claims that representation of 21 million total Bitcoin which each divisible by 100 million Bitcoin is only a verbal deal. The Bitcoin’s creator should have the full rights to claim this unilateral contract with those nodes to issue, adding that:“As the creator of Bitcoin, I maintain the sui generis rights to any copy of the database created from Genesis in January 2009. I shall not be relinquishing the ownership. I will be licensing it, and have already engaged in a process.”Ever since 2018 Craig Wright has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business partner. The claim alleged that following Kleiman’s death in 2013, Wright unlawfully appropriated more than a million Bitcoin (BTC) that the duo had mined jointly in the early years of the cryptocurrency, as well as some related intellectual property.The new trial with Kleiman’s case has been postponed to April 17, and the…Read More

  • News - 16 February 2020, 1:14 pm

    Major cryptocurrency exchange Binance announced it is about to launch a new futures product tracking crypto asset NEO. Major cryptocurrency exchange Binance announced that it is about to launch a new futures product tracking crypto asset NEO.Per the announcement published on Feb. 16, the NEO/USDT futures will be launched on Feb. 17 and traders will be able to select leverage between 1x and 50x. The fees that the exchange imposes on trades of the contract in question are a 2% base initial margin rate, 1% base maintenance margin rate and a 0.5% liquidation fee.What is NEO?The Binance information page dedicated to NEO explains that it is an open source platform driven by its community that uses blockchain, smart contracts and digital identities to digitize and automate asset management. The page also mentions that the blockchain first launched in 2016 and is expected to upgrade to the third version of its software (Neo3) this year.A Binance spokesperson told Cointelegraph that the firm decided to create a NEO-based futures contract after reviewing liquidity on its spot market. Furthermore, the spokesperson also talked about future growth:“We are looking to add 20 or 30 trading pairs on Binance Futures, and will consider the most liquid 20 to 30 pairs first.”Meanwhile, NEO price has lost 2.81% of its value over the 24 hours to press time and is currently worth $15.04, after starting the day at $16.67.NEO price 7-day chart. Source: Coin360Are futures the speculator’s dream?Futures contracts often feature particularly high leverage and allows speculation on things that would otherwise be difficult to trade. One example of how futures can enable such activity is the contract launched earlier this month by cryptocurrency derivatives exchange FTX, which allows traders to bet on President Donal Trump’s reelection in 2020.Just a couple of days later, FTX also announced…Read More

  • Crypto Gazette - 16 February 2020, 11:12 am

    Decentralized finance or “DeFi” is a big buzzword this year, for a number of reasons. Most prominently, the growth of blockchain networks has been dramatic, and the symbiotic public awareness of both blockchain technology and the need for new financial systems, has led to a lot of institutional and government buy-in for DeFi platforms.  Already, … Continue reading “4 Ways DeFi is Changing Finance: And the Platforms Making it Happen” The post 4 Ways DeFi is Changing Finance: And the Platforms Making it Happen appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 16 February 2020, 10:25 am

    BitMEX made headlines not too long ago after it’s been reported that the XRP army of fans and Ripple enthusiasts were not happy at all to read BitMEX CEO’s opinion about the digital asset. Arthur Hayes’ mocking of Ripple’s XRP triggered a lot of criticism in the community. BitMEX decided to announce the listing of … Continue reading “BitMEX Scandal: Liquidated Traders Are Fuming After XRP Crashed 56%” The post BitMEX Scandal: Liquidated Traders Are Fuming After XRP Crashed 56% appeared first on Crypto Gazette.Read More

  • News - 16 February 2020, 10:13 am

    MoneyGram launched a real-time remittance service, but firm’s COO told Cointelegraph its blockchain partner Ripple is not involved. Remittances giant MoneyGram announced a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple are not involved.MoneyGram recently announced FastSend, a new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers to Cointelegraph’s inquiries revealed that surprisingly MoneyGram’s latest product does not make use of Ripple’s technology.You don’t need blockchain for real-time settlementsKamila Chytil, MoneyGram Chief Operating Officer explained to Cointelegraph that FastSend uses Visa’s Direct Original Credit Transaction to deliver funds to bank accounts through Debit card deposit. While DLT is not involved, the dedicated website and app make use of an open source cloud-based micro services. Chytil also pointed out that while Ripple is not involved in this service, the firm uses blockchain-based extensively in other areas:“Today, MoneyGram is utilizing Ripple’s On Demand Liquidity product which allows MoneyGram to trade FX at a corporate level using XRP. It’s a back-end treasury function that’s not consumer facing. The technology is helping to solve the most expensive and time consuming aspect of the current process by reducing the amount of money the company needs to park around the world, which will eventually reduce working capital needs.”Furthermore, Chytil said that MoneyGram is also evaluating other use cases “where blockchain could help solve data privacy and regulatory obligations through distributed ledger technology.” Overall, she spoke highly of DLT and cryptocurrencies, noting that the firm believes blockchain to be the future of global cross-border payments and money transfers.Chytil also praised the cryptocurrency market for being always active — unlike traditional markets — and the ability of crypto assets to shorten the delivery times of the…Read More

  • Crypto Gazette - 16 February 2020, 10:10 am

    The crypto market is undergoing a correction following a strong surge in prices that Bitcoin and the altcoins have seen during the course of this week. Bullish territory for Bitcoin, Ethereum and XRP There are real-time indicators on social trading platform TradingView that shifted into a bullish territory for BTC, ETH, and XRP. All three … Continue reading “Bitcoin (BTC), Ethereum (ETH), And XRP Indicators Flash Buy Signals” The post Bitcoin (BTC), Ethereum (ETH), And XRP Indicators Flash Buy Signals appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 16 February 2020, 9:57 am

    Tron was recently in the spotlight after the community celebrated the fact that Blockstream CEO Adam Back said that he did not understand the difference between ETH and Tron. But he claimed that Tron is probably better. Tron Foundation expands its ecosystem The Tron Foundation expands its ecosystem with an announcement of a new partnership … Continue reading “Justin Sun Reveals New Tron And Steemit Partnership – Decentralized Social Networking” The post Justin Sun Reveals New Tron And Steemit Partnership – Decentralized Social Networking appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 16 February 2020, 9:47 am

    Ripple made it very clear that the main goal for this year is to promote XRP mass adoption. Also, it’s been recently reported that the cross-border payment company released an overview of the state of its network, and this includes new details on the XRP remittance platform. You may recall that the San Francisco-based firm … Continue reading “Ripple Reveals List Of Potential Changes For XRP Ledger” The post Ripple Reveals List Of Potential Changes For XRP Ledger appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 16 February 2020, 9:38 am

    The crypto market looks pretty bloody today, with most coins trading in the red. Bitcoin is definitely under a correction following the surge in price from this past week. At the moment of writing this article, BTC is trading in the red, and the coin might be dropping under $10k. Crypto analyst and founder of … Continue reading “Bitcoin, Ethereum, XRP Predictions: One Metric Could Confirm New Bull Trend” The post Bitcoin, Ethereum, XRP Predictions: One Metric Could Confirm New Bull Trend appeared first on Crypto Gazette.Read More

  • News - 16 February 2020, 7:18 am

    Bitcoin price suddenly dived below $10K on Saturday leading many to speculate that a well-known Bitfinex whale trader could be the reason for the pullback. Late Saturday night on Feb. 15, Bitcoin (BTC) price briefly reclaimed the $10K mark after a tumultuous day of trading that saw the price drop 5.35% to $9,853. The possibility of a downside break was enhanced by Bitcoin’s failure to hold above $10,330 and for the past 4 days $10,450 to $10,500 served as a stiff zone of resistance. According to data from Skew Analytics, the swift 5.35% drop resulted in $90 million worth of liquidated leveraged positions at BitMex. BitMEX XBTUSD Liquidations. Source: Skew.comBitfinex whale recovers $10M in 5 minutesIn the immediate aftermath of Bitcoin’s sharp price correction crypto-Twitter began to speculate that Bitcoin whales were at play. Some traders pointed to a well-known Bitcoin whale called Joe007 as one of the players partially responsible for Saturday’s correction.Bitfinex CTO Paolo Ardoino posted the following image from the Bitfinex leaderboard and tweeted,“How to recover 10M in 5 minutes@J0E007.”BTC USD daily chart. Source: Tensorcharts.comPopular crypto-trader and Cointelegraph contributor filbfilb also posted the above chart to his Telegram group and pointed out that Bitcoin’s price dropped as a sell-wall was removed. Filbfilb suggested that Joe007 took advantage of thin order books the weekend in order to slam Bitcoin’s price below $10,000.  Filbfilb said:“Looks like finex whale dumped.”This wouldn’t be the first time a crypto whale was implicated in trading maneuvers that significantly impacted the entire spot market. In December 2019, Joe007 entered into a bet with a Dogecoin trader to win 10,000 DOGE and then seemingly used an 800 BTC buy-wall to defend the $7,200 level.What’s next for Bitcoin?Now that the smoke has cleared and the price appears to have stabilized we can take a look at the charts to…Read More

  • News - 16 February 2020, 3:30 am

    While banks in emerging markets are moving more rapidly toward issuing CBDCs, other countries appear to be taking a more cautious stance. The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard to Central Bank Digital Currency adoption. While banks in Emerging Market Economies (EME) are moving more rapidly toward issuing government-sponsored CBDCs, those in established countries appear to be taking a more cautious stance on the transition from fiat currencies to digital.The irony here is that the banks that could potentially catapult the world into the digital currency age are the ones that are the least likely to be the early adopters. What’s driving — or not driving — their reluctance to move faster?1.6 billion people could have access to CBDCs in the next three yearsThat’s the most startling finding of the study, which was appropriately titled “Impending arrival — a sequel to the survey on central bank digital currency.” Respondents of the survey included 66 banks representing 75% of the world’s population and 90% of its economic output. Ten percent of the banks reported they would issue the first general-purpose CBDCs in the next three years, representing 20% of the world’s population.This means that digital currencies, although centralized, have the potential to achieve an almost immediate mass adoption that the creators of cryptocurrencies and stablecoins have been working toward for the past 10 years.When discussing the report’s findings with Cointelegraph, Himanshu Yadav, the co-founder and managing partner of Woodstock Fund, a multi-asset investment fund, said: “As CBDCs are rolled out, more and more people will want to understand what a digital currency is.” He went on to add:“Some will ignore them, and some will explore them further, leading to a net positive gain in the cryptocurrency ecosystem. Developers will build tools…Read More

  • News - 15 February 2020, 9:30 pm

    The coronavirus and the crypto market rally: Is there a link between the two? Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts.Mati Greenspan, the founder of Quantum Economics, offered his insights regarding the apparent connections between the two events. “So far, I don’t see any direct correlation between the coronavirus and crypto prices.” Instead, Greenspan pointed to the current altcoin rally as an indicator of a growing appetite for higher-risk investments:“In my estimation at the moment, we’re in an alt season and that generally tells us that people are looking to take risk if they have a bit of extra cash. This is exactly what’s happening in the stock markets as well. It’s most likely that whatever is driving crypto at the moment is a ‘risk-on’ sentiment and not flight to safety.”While some consider the coronavirus scare as a possible catalyst for a store-of-value narrative, Greenspan dismissed the notion: “I don’t think anybody inside of China, for example, would be going ‘OK, people are dying here, let me go buy Bitcoin.’”BTC network is stronger than everStories of Chinese crypto mining facilities being shuttered appear to have had little impact on Bitcoin (BTC) network hash rates. The network is chugging along stronger than ever with hash rates continuing to compete, surpassing all-time highs, according to such shutdowns were of any significant scale, a network slowdown would be one of the clearest indicators of such a relationship, especially considering the high percentage of mining pools that are centered in China. As of now, it is estimated that somewhere between 65% and 70% of all BTC mining pools are concentrated in China, according to CoinShares…Read More

  • News - 15 February 2020, 8:14 pm

    Japanese exchange Bitpoint released data on its massive 2019 deficit, the country’s FSA pointed out tightening regulations, and more in news from Japan this past week. This past week in Japan, native exchange Bitpoint released data showing a massive deficit from 2019, Japan’s Financial Services Agency mentioned upcoming tightened regulations, Japanese and European central banks researched distributed ledger technology, Japan’s Liberal Democratic Party chairman expressed fears of Libra and the Chinese digital yuan, and the GMO Coin exchange hit 300,000 users.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Japanese exchange operates in deficit for most of 2019Japan-based exchange Bitpoint recently publicized its monetary records for Q2, Q3 and Q4 2019, revealing a 62.9% decline in sales. The entity ran the business amid a deficit of almost $6 million, more than 10 times higher than its 2018 deficit.In July 2019, Cointelegraph reported that thieves stole approximately $32 million worth of crypto assets from the exchange.The exchange reopened operations in August 2019, although the platform reportedly suffered decreased usage. Associated energy business Remix Point garnered significant capital in a recent equity delivery, and plans to help out Bitpoint.Japan’s Financial Services Agency provides a statement on cryptoPrior to the enactment of alterations to the Funds Settlement Act and the Financial Instruments and Exchange Act regarding digital assets in the first half of 2020, Japan’s Financial Services Agency, or FSA, has pointed out several particulars.Such details pertain to security token transaction exemptions, the requirement of trusts, and specifications on digital asset custody.Regulation is also expected to stiffen around derivatives involvement, including stifling limits on margin trading amounts.Cointelegraph Japan, Coin Tokyo, CoinChoice and CoinPost noted such regulations will hamper development in the cryptocurrency space.Japan’s central bank and Europe’s central bank research distributed ledger techThe Bank of Japan, or BOJ,…Read More

  • News - 15 February 2020, 7:30 pm

    Pundits believe that a merger between JP Morgan and ConsenSys is a step in the right direction for both companies and the crypto industry. According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based software developer ConsenSys. The deal is currently under negotiation and is likely to be finalized by the end of Q3 2020.Quorum is a blockchain-based network that has been built atop the Ethereum ecosystem. It currently serves as the foundation for JP Morgan’s Interbank Information Network, a decentralized network that connects more than 300 banks and financial institutions, allowing them to exchange a host of information related to payments. The project currently counts 25 employees.Additionally, JPM Coin — a digital asset created by JP Morgan to facilitate its native monetary transactions — has been built on Quorum’s digital infrastructure. In this regard, a recently published Reuters article claims that by merging with ConsenSys, JP Morgan is not only looking to tackle a host of real-world financial issues but also to expand the reach of its Quorum platform.Providing his thoughts on the alleged merger, Gregory Klumov, CEO of Stasis — a euro-backed stablecoin issuer — told Cointelegraph that such news should not come as a shock to anyone, since deals of this magnitude routinely take place when a bear market is coming to a close:“At the end of a bear cycle, consolidation is usually the most organic way out for a lot of businesses. This is an overdue indicator for the start of a new market cycle.”The merger is a smart move on JP Morgan’s partTo better understand the implications put forth by this latest deal, Cointelegraph reached out to Michael Poutre, CEO of Terraform Capital LLC.…Read More

  • News - 15 February 2020, 6:22 pm

    Bitcoin has decisively dropped below its landmark $10,000 big-even level after several days of high greed levels. Bitcoin (BTC) has fallen below its landmark $10,000 price point after failing to break $10,500 resistance, mimicking a similar $300 drop earlier this week. Crypto market 1-day price chart. Source: Coin360Bitcoin drops to $9,800sCoin360 and Cointelegraph Markets data show Bitcoin has fallen below the $10,000 big-even, to a press time price of $9,884. “Good response by the bulls but 10k needs reclaiming,” commented Cointelegraph Markets contributor filbfilb in his Telegram channel after BTC price initially rebounded back over the $10,000 mark. He continued: “We bounced off the 20 DMA, which is meant to act as support, but there is an argument the uptrend is broken. It is the weekend and it would leave us with a gap above. Hopefully, some of you got filled. I missed out on that by a few bucks. I’m going to wait and see what happens with the OBV on the 4 hour for now.”  Meanwhile, another fellow analyst Michael van de Poppe was more upbeat saying that a pullback was expected, if not a healthy part of a bull market. “First of all: a retracement is still very healthy for this market, even if ETH goes to $240 and BTC to $9,500,” he wrote, adding: “Second of all: no, we’re not going to $3,000. Third of all: we’re still early.”Crypto participants express greed Over the past few weeks, crypto’s largest asset has broken out of its multi-month downtrend, taking several swipes at its most recent price swing high near $10,500. After hovering between $10,500 and $10,100 for the last couple of days, unable to surge above $10,528, Bitcoin made a decisive downside move below $10,000. Coinciding with the drop, crypto’s Fear and Greed Index posted a reading of 64, indicating the market may have gotten…Read More

  • News - 15 February 2020, 4:32 pm

    The CFTC has filed charges against two parties on Ponzi allegations involving crypto, forex, and over $500,000 of defrauded funds. The Commodity Futures Trading Commission (CFTC) has filed charges against a Colorado native and associated investment company on fraud charges. Denver local Breonna Clark, along with Colorado-based Venture Capital Investments Ltd., face civil action from the CFTC for defrauding investors, the agency said in a statement on Feb. 14. The pair also faces charges for not achieving registration with the government agency.The accused harnessed crypto and forex to deceive investorsAccording to the CFTC’s charges, Clark and Venture Capital Investments claimed to manage a forex and cryptocurrency trading pool, baiting United States participants into involvement with hopes of financial gain.Through falsely stated experience and financial credentials, the accused lured roughly seventy-two people into the scheme, amassing $534,829 in total, the CFTC’s allegations stated. On top of the initial deception, the defendants also allegedly provided participants with fake documents showing trading gains and progress.The defendants spent most of investors money on personal gainInstead of putting investors’ money toward trading activities, Clark and Venture Capital Investments allegedly spent $418,000 of the collected money on unrelated purchases, including a luxury car, as well as dishing out “Ponzi-type payments” to some of the entities involved in the trading pool.Detailing its upcoming actions, the CFTC noted:“In its litigation against the defendants, the CFTC seeks restitution to defrauded customers, disgorgement of ill-gotten gains, civil monetary penalties, permanent registration and trading bans, and a permanent injunction against future violations of the Commodity Exchange Act, as charged.”The crypto space has seen a slew of legal actions over the past several months. Perhaps topping the list is Tether and its fight against three lawsuits, which the stablecoin company recently saw condensed into a single suit.Cointelegraph reached out to the CFTC…Read More

  • Crypto Gazette - 15 February 2020, 11:36 am

    Ripple was recently in the news when the company made it very clear that their top priority if the mass adoption of XRP. It’s been revealed that a few new job openings at Ripple shed light on the firm’s push to spread the adoption of XRP. The online publication the Daily Hodl revealed that Ripple’s … Continue reading “Ripple’s XRP Remittance Network Is Live In 25 Countries Worldwide” The post Ripple’s XRP Remittance Network Is Live In 25 Countries Worldwide appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 15 February 2020, 11:18 am

    IOTA enthusiasts receive a piece of pretty unpleasant news after a recent cyber attack. The team behind IOTA is investigating a cyber attack and the theft of an undisclosed amount of funds. IOTA-operated node is turned off IOTA revealed that it turned off an IOTA-operated node called the Coordinator, which is responsible for verifying the … Continue reading “IOTA Cyber Attack: The Network Paused And An Investigation Begins ” The post IOTA Cyber Attack: The Network Paused And An Investigation Begins  appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 15 February 2020, 11:04 am

    Mainstream crypto adoption is one of the main goals that the crypto industry has set, and there have been various moves that support the achievement of this important goal. Now, crypto adoption intensifies with the current moves that are taking place in the crypto space. BitPay teams up with Poynt Crypto payments provider BitPay teams … Continue reading “Crypto Adoption Intensifies: BitPay Brings Bitcoin (BTC) Payments To 100,000 Retailers” The post Crypto Adoption Intensifies: BitPay Brings Bitcoin (BTC) Payments To 100,000 Retailers appeared first on Crypto Gazette.Read More

  • Crypto Gazette - 15 February 2020, 10:22 am

    XRP has been doing great in 2020 after a 2019 in which the price of this coin did not see any exciting moves. Ripple was blamed for the poor performance of XRP last year, but now the XRP army of fans and Ripple enthusiasts are celebrating a race in the coin’s price. There’s a trio … Continue reading “Ripple Dilemma: XRP Moonshot Vs. Extreme Caution – XRP Races To $0.34” The post Ripple Dilemma: XRP Moonshot Vs. Extreme Caution – XRP Races To $0.34 appeared first on Crypto Gazette.Read More

Coin Telegraph aims to provide Bitcoin & Ethereum news, analysis and review about technology, finance, blockchain and markets – cryptocurrency news.

Oracle Times is an all round crypto news site aiming to provide the latest cryptocurrency news, including cryptocurrencies like XRP, Ethereum, Bitcoin etc as well as ICOs.

Update: Coin Telegraph were recently tested during an investigation into whether cryptocurrency news websites would accept payment to post and pass off adverts and paid articles as their own independent words without any disclaimers. Coin Telegraph refused to be bribed in this manner and as such have retained their place in our featured crypto news feeds. It is worth noting however that their journalistic integrity has still been called into question as they did offer the investigators a full price list for such disclaimer free paid articles on the other crypto news websites the company owns. We shall be watching the developments here closely.

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