Category: Cryptocurrency News

Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on May 17. Jorge Valero. Venezuela’s representative to the United Nations in Geneva said they are also discussing uses for the state-owned Petro (PTR) cryptocurrency. Valero reportedly revealed that Venezuelan authorities are now working with Russia to find opportunities for eliminating the use of the United States dollar in trade deals between the two countries. As such, the two countries’ authorities Read more …

A fiendishly tricky puzzle that has baffled cryptographers for two decades has been solved, and the proof preserved on the BCH and BTC blockchains. The feat, which was achieved 15 years earlier than the puzzle’s architects had anticipated, was commemorated with another premature reveal – the opening of a special time capsule. Also read: ‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright Moore’s Law Estimated This Puzzle Would Take 35 Years to Read more …

A major speech from pro-Bitcoin SEC commissioner, Hester Peirce, coincides with the deadline for the ruling on the VanEck Bitcoin-ETF. This has led to speculation that the scheduling is deliberate enabling Peirce to deliver a positive announcement of SEC’s approval. Bitcoin ETF: If The Stars Align In Just The Right Way… Okay, now bear with me. The US Securities and Exchange Commission is due to deliver its decision on the VanEck Bitcoin ETF (exchange-traded fund) on Tuesday, May 21. Also on Read more …

Ethereum (ETH) fall 11.7 percent Samsung could introduce crypto and blockchain functionality in their budget phones In correction of mid-this week’s rapid expansion, Ethereum (ETH) is down 11.7 percent even as reports suggest that Samsung will roll out cryptocurrency and blockchain functionality in their budget phones. Ethereum Price Analysis Fundamentals Like all liquid assets, Ethereum (ETH) is nose diving. At the time of press, the second most valuable asset is down, falling 11.7 percent to $235. But, after days of Read more …

Ethereum (ETH) fall 11.7 percent Samsung could introduce crypto and blockchain functionality in their budget phones In correction of mid-this week’s rapid expansion, Ethereum (ETH) is down 11.7 percent even as reports suggest that Samsung will roll out cryptocurrency and blockchain functionality in their budget phones. Ethereum Price Analysis Fundamentals Like all liquid assets, Ethereum (ETH) is nose diving. At the time of press, the second most valuable asset is down, falling 11.7 percent to $235. But, after days of Read more …

The recent unprecedented Binance hack that led to over 7,000 bitcoins being stolen sent shockwaves across the cryptosphere and besmirched the crypto exchange’s almost impeccable security record. And now CEO Changpeng Zhao, also known as CZ has announced a $1.2 million giveaway in Binance Coin (BNB) as a “thank you” gift to the company’s customers for being supportive during these trying times. The platform which is considered to be the biggest of its kind in the world in terms of Read more …

By CCN: In an upcoming interview on Sunday Today, former Late Show host David Letterman slammed Donald Trump. But he thinks the MAGA haters who spend all their time complaining about the president’s Twitter antics should “stop yacking.” David Letterman: President Trump Doesn’t Represent Me   In a teaser clip of the interview, Letterman complained that he doesn’t feel like President Trump represents him in the White House. “As an American I don’t like this man as a president Read more …

Outside of a substantial pullback in the past 24 hours, cryptocurrency markets experienced considerable gains over the last week. On the week, Bitcoin is up 13%, Ethereum up 34%, XRP up 24%, Binance Coin up 27%, Stellar up 31%, Monero up 18%, IOTA up 35%, NEM exploded 72%, Verge up 38%, and most other tokens were up double-digit percentages. The cause of growth, however, isn’t certain. Some hypothesize the spike was due to the traditional New York Blockchain Week spike, Read more …

It looks like Kik won’t sue the SEC after all, founder Ted Livingston told CoinDesk. In a widely circulated story, the Waterloo, Ontario, company had promised legal action against an expected regulatory action, but the odds that Kik will pursue that seem to be diminishing, even if the company’s legal expenses are not. Nevertheless, Livingston would prefer the SEC take any action rather than continuing to delay. “What we’re saying to them is, ‘Stop dragging this out, if you want Read more …

Bitcoin (BTC) slide 10.9 Percent Bitstamp flag a large sell order that caused a market imbalance, over-pricing BTC Not surprising, Bitcoin (BTC) prices are under pressure, dropping 10.9 percent in the last day, at the time of writing. Analysts attribute this to a large sell order from Bitstamp that forced prices to fall as supply exceeded demand. Bitcoin Price Analysis Fundamentals In a day marked by chaos and investors jostling to liquidate Bitcoin (BTC) at market rates, the asset price Read more …

By CCN: Overstock CEO and crypto enthusiast Patrick Byrne felt the need to defend his sale of about 900,000 shares of company stock. Byrne wrote a letter defending his decision, as news of his choice had reportedly sent insiders into a tizzy and dropped O shares about 16% earlier in the week. Overstock Stock Price Recovers After Mid-Week Slump Overstock shares faced significant downward pressure after Patrick Byrne revealed that he had sold 900,000 shares of stock. | Source: Yahoo Read more …

Coinbase CEO Brian Armstrong has announced that the company is working on introducing its debit card to customers in the U.S. Armstrong’s announcement came in a live AMA session on YouTube on May 16, 2019, during which he fielded questions and touched on various topics such as community trust ratings for altcoins and fraud prevention. While he did confirm that the debit card is coming to U.S. customers, he didn’t divulge a specific release date. Last month, Coinbase launched the Read more …