Crypto News

European Regulatory Chair Supports New Digital Asset Regulations

The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported on Feb. 27. Delivering his speech at the FinTech Conference 2019 earlier this week in Brussels, Belgium, ESMA Chairman Steven Maijoor […]

Crypto News

Analyst: Bitcoin Traders Should Look Towards BTC’s Fundamental Developments for Guidance on Future Price Action

Following Bitcoin’s relatively large levels of volatility over this past weekend, the cryptocurrency has been experiencing a bout of choppy trading but has been able to find some levels of stability above $3,800. BTC’s recent price action also seems to validate $4,200 as its next strong level of resistance. Although $3,800 has proved to be […]

Crypto News

Trump’s North Korea Summit a Distraction from Cohen Testimony

It was no coincidence that US President Donald Trump opted to hold his North Korean summit with Kim Jong-Un at the same time that his former fixer Michael Cohen testified in Congress. Trump Playing Games to Suck Oxygen out of the Newsroom It is a classic Trumpian move to avoid a lousy headline by creating […]

Crypto News

Crypto Mining Service Coinhive to Shut Down Operations in March

Cryptocurrency mining service Coinhive is shutting down, as the project has reportedly become economically inviable. The team behind Coinhive announced the news in a blog post on Feb. 26. Per the announcement, the mining service will stop its operations on March 8, 2019, while users’ dashboards will be accessible until April 30, 2019. Among the […]

Crypto News

Bitcoin Adoption: Could Chase Bank’s Anti-Conservative Push be an Opening Crypto?

According to alternative news platform Breitbart, a slew of conservative media personalities have had their banking services terminated by Chase Bank. Amongst those impacted are Rebel Media host, Martina Markota; independent reporter, Joe Biggs; Proud Boys leader, Enrique Tarrio; and others. Such reported efforts to silence alternative views to those pushed by mainstream media should […]

Crypto News

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems,” Ellis wrote in a client note. “Their core design […]

Crypto News

New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme

The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a wire fraud and unlawful monetary transactions. The DoJ announced the allegations in a press release on Feb. 27. According to the release, New York citizen Randall Crater founded and managed My Big Coin […]

Crypto News

Coinomi Wallet Addresses Vulnerability Concerns

Coinomi Wallet denied recent claims that its software sends wallet recovery seed phrases to Google’s remote spell checker servers in plain (unencrypted) text. The company refuted the claims in an official statement published on Feb. 27. In the statement, Coinomi claims that, unlike what was reported, the seed phrase transmission was encrypted via SSL (HTTPS), […]

Crypto News

Bitcoin Price Dives to $3,658, Down 13% Since Sunday

The bitcoin price took another dive on Wednesday, slipping below the $3,700 mark after trading within a tight window for several days. Bitcoin had bounced around the $3,800 mark for most of the day but dipped below it shortly before 14:00 UTC. Six hours later, the flagship cryptocurrency experienced a sharp drop that carried it […]

Crypto News

Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?

Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded the cryptocurrency in recent times, signaling that Bitcoin and crypto in general may soon become the focus […]

Crypto News

Blockchain Adoption Is Still Early

Experts and industry players have said that the adoption of blockchain technology is still in its early stages at the annual meeting of The Wall Street Journal CIO Network, The Wall Street Journal (WSJ) reported Feb. 26. The regular Wall Street Journal CIO Network is a membership exclusively for chief information officers and technology experts […]

Crypto News

EOS Scaling Issues and Their Impact on the Blockchain

The EOS blockchain appears to be running into considerable scalability issues that are hindering its ability to securely host decentralised applications on the network. The problem is that the blockchain has grown so dramatically that only a handful of block producers can afford to store the entire thing. Since most dApps connect exclusively to one […]

Crypto News

Coinbase, R3 and Other Major Firms Respond to CFTC’s Request for Input on Ethereum

Several major crypto and traditional finance companies have replied to the United States Commodity Futures Trading Commission’s (CFTC) request on crypto asset mechanics as late as Feb. 25. The CFTC published its inquiry in late December 2018. In it, the regulator’s LabCFTC initiative, focused on fintech innovations, sought public comments on the main principles of […]

Crypto News

Constantinople Incoming: Tomorrow’s Two Ethereum Hard Forks Explained

In less than 24 hours, the world’s second largest blockchain by market capitalization is expected to activate its sixth and seventh system-wide upgrades, at which point its global user base will be asked to make two near-simultaneous changes to its code. Known as Constantinople and St. Petersburg, both upgrades will be implemented as “hard forks,” […]

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, TRON, Binance Coin, Bitcoin SV: Price Analysis, February 27

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Binance CEO Changpeng Zhao said that investors lapped up […]

Crypto News

Losing it? Tesla CEO Elon Musk Changes Twitter Name to Bizarre Meme

Eccentric Tesla CEO Elon Musk is at it again on Twitter, launching a flurry of odd and cryptic tweets on Wednesday and changing his Twitter handle to “Elon Tusk” along with an elephant emoji. Tesla CEO Changes Twitter Name to ‘Elon Tusk’ The new handle is an allusion to this viral meme: Elon Musk has […]