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Litecoin price(LTC) was trading at $ 134.47 by 09:30 UTC on Sunday, up 13.03 percent on a 24-hour adjusted timeframe. The move uphill pushed Litecoin’s market capitalization to approx $ 8.18 billion, or 2.36 percent of the net cryptocurrency market valuation. At its top, Litecoin’s market worth was $ 19.9 billion. Litecoin is trading in a range defined […]
The post Litecoin Price Jumps 13 Percent as Breakout Bitcoin Slows Down appeared first on CCN Markets
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies.
Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms
Indian cryptocurrency exchange Koinex announced its shutdown Thursday. CEO Rahul Raj explained that “After months of uncertainty and disruption, we have regretfully decided to shut down all digital assets exchange services and operations today,” adding:
Grin investors are taking it on the chin today. The crypto, which uses the Mimblewimble protocol for privacy and scalability, has shed more than 5% in the last 24-hour period even as bitcoin set a fresh 2019 high. With BTC’s dominance currently hovering at 60%, altcoins typically remain highly correlated to their larger peer. Grin, […]
The post Why This Privacy Crypto Is Down 5% Today While Bitcoin Soars appeared first on CCN Markets
By CCN Markets: Give Facebook Co-Founder Chris Hughes a lot of credit. He not only has made comments that could make him less wealthy, but he’s also doubled down on them. Specifically, Chris Hughes believes that his “friend” Mark Zuckerberg has too much control over speech. Zuckerberg Is a Scary Master of the Universe In a May op-ed in the New York Times, Chris Hughes wrote: “The most problematic aspect of Facebook’s power is Mark’s unilateral control over speech. There is no precedent for his ability to monitor, organize and even censor the conversations of two billion people.” Chris Hughes is
Six months in and initial exchange offerings (IEOs) are refusing to die. Following a year of ICO stagnation in 2018, it appeared that the crypto crowdfunding bubble had popped, sending tokenized projects back to the drawing board. Instead, the medium has been reborn under a different banner. In 2019, IEO token issuance is all the rage, but how long will the trend last?
Also read: Coinbase Launches Crypto Debit Card in 6 European Countries
![[Guest Post] Breaking Down Barriers with The Next Generation of DApps](http://digitalmoneytimes.com/wp-content/uploads/2019/06/Jimmy-Zhong-CEO-of-IOST.jpg "IOST co-founder & CEO Jimmy Zhong")
The post [Guest Post] Breaking Down Barriers with The Next Generation of DApps appeared first on CoinReport.
The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer.io.
According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. Following concerns originally raised by the online security company McAfee in 2018, the FIOD has claimed that the service was used for money laundering.
As Dutch media reported, no arrests have yet been made in the Bestmixer case, as Europol officials attempt to determine the extent to which criminal money laundering was used on the site.
Famous American economist Joseph Stiglitz, who won the Nobel Prize for his 1995 Report of the Intergovernmental Panel on Climate Change, thinks we should “shut down” cryptocurrencies. In a recent interview with CNBC, Stiglitz cites his concern over the illicit use of digital currencies as reasoning to shut down crypto networks, including Bitcoin (BTC). “I […]
SludgeFeed
Breaker Magazine, an editorially independent site owned by SingularDTV, LLC, now operating as Breaker, is reportedly shutting down. According to a recent report by The Block’s Frank Chaparro, who cites individuals familiar with the matter, the decision to shut down operations comes amid a runaway burn rate and failure to find a proper, sustainable business […]
SludgeFeed
Arthur Hayes, the CEO of cryptocurrency trading platform BitMEX, recently shared that he sees Bitcoin eventually working its way up to $ 50,000 — with $ 10,000 still his current target for the end of 2019. In an interview with Venture Coinist, Hayes broke down his thesis that the current global shift back toward quantitative easing will help […]
SludgeFeed
As the darknet’s largest market prepares to wind down, its second largest is taking the strain. When Dream closes for good at the end of April, Wall Street will become the largest darknet market (DNM), at least until Dream’s successor launches and can prove its legitimacy. Paranoia has pervaded the darknet in recent weeks amidst uncertainty over marketplace integrity and a string of high profile busts.
Also read: The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way
AJ is a British bitcoin miner who loves privacy and hates KYC. When he needs cash to pay his bills, he meets bitcoin buyers in person. EZ is a full-time bitcoin trader who spends his days driving from city to city buying and selling BTC. This week, the two strangers met to conduct a $ 20K trade. News.Bitcoin.com watched the deal go down, noting the steps each party took to protect their assets.
Also read: What It Takes to Air a TV News Channel Devoted to Crypto Assets
Liquidity has shifted away from the top gaining crypto assets, with only six of the week’s 30 top performing markets currently riding 24-hour volume of seven figures or higher in USD. ABBC comprises the most liquid of the week’s top losers, currently ranking as the sixth poorest performing market of the last seven days after the resolution of the court case between Abbc Coin and Alibaba.
Also Read: Quadrigacx Co-Founder a Convicted Fraudster
Bitcoin private (BTCP) is currently ranking as the worst performing market of the past week after shedding nearly 47% of its value in seven days.
Crypto exchange company ShapeShift has released its first original production, Down the Rabbit Hole, a six-part documentary featuring some of the more interesting people and stories in crypto’s brief history. 🍿🛋 ShapeShift & Chill? Binge watch all six episodes of ’Down the Rabbit Hole’ now! Gain access to the videos here: https://t.co/YSsrRuAnGW @dieguito @ErikVoorhees @Melt_Dem […]
SludgeFeed
After obtaining your first bitcoins on an exchange, you’ll want to keep them safe, even if the funds are only sitting there temporarily. One way to keep your crypto secure online is by using two-factor authentication (2FA). Security is of utmost importance when it comes to storing cryptocurrency in an online wallet and 2FA adds another layer of protection over and above a strong password.
Also read: Regulations Have Ruined the Physical Bitcoin Industry
The bitcoin price correction of 2018 should actually help force the market as a whole to mature in 2019, writes the CEO of Seed CX.
CoinDesk
Led by the Dow Jones Industrial Average, the stock market rocketed after reports that the US was to begin lifting tariffs imposed on Chinese imports. However, the market pared those gains after subsequent reports indicated that no such plans had been made. Dow Jones Leaps 250 Points Before Falling Back The Dow rose over 250
The post Dow Jones Rockets after Report Claims Trade War Winding Down appeared first on CCN
The Hong Kong-based bitcoin futures exchange BitMex, is pulling the plug on trading accounts in the US and in the Canadian province of Quebec amidst growing regulatory restrictions in North America. Although BitMex is one of the most active bitcoin trading platforms in the world with a current turnover of $ 928 billion, the trading platform
The post Hong Kong Crypto Exchange BitMex Shutting Down Trading Accounts in the US and Quebec appeared first on CCN
A user contacted CCN with information related to Giga Watt, a Bitcoin mining company finally going out of business after declaring bankruptcy in November 2018. The firm lasted a little over a year, launching with an ICO model in September 2017. The business model of Giga Watt was slightly different than other hosted mining solutions.
The post Giga Watt: Bitcoin Mining Company Finally Shutting Down Amid Unpaid Power Bills and Bankruptcy Hearings: Token To Be Worthless appeared first on CCN
