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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
War On Miners? Maybe Not On This $2 Billion Blockchain
Amidst what has been broadly called a "War on miners," with cryptocurrencies including ethereum, monero and siacoin taking aggressive steps to limit the effectiveness of certain types of hardware, developer Cody Burns has published a proposal that would alter ethereum classic's underlying algorithm to accommodate the technology.
Total Market Cap Remains Over $400 Bln As Markets See More Green
Bitcoin has solidly broken above $9,000 and Ethereum is inching closer to $700, according to data from Coin360, as the crypto markets continue on their upward swing that has now lasted more than two weeks.
Bitcoin Is Facing Stiff Resistance On Road to $10K
As suggested by the convincing move above the long-term descending trendline and bullish daily relative strength index, the bulls look to be firmly in control.
Blockchain Project to Give Users 'Telepresence' Anywhere Via Live Streams They Can Control
The project says Avatars would enable a businessman to be "Telepresent" at a meeting on another continent, while students could attend lectures at their universities remotely.
Korea's SK Telecom to Build Blockchain for Identity and Asset Exchange
South Korea's SK Telecom is reportedly launching a blockchain-based platform for authenticating customers' identities within the year.
Santander Launches Ripple-Based Money Transfer App
Following months of intense speculation and doubt, Santander has finally come forth and released its official Ripple-based warm-wallet, Exarpy, for public consumption.
India: Police Superintendent Arrested In Connection With Case Of Bitcoin Extortion
A police superintendent from Gujarat, India, has been arrested in regards to the alleged kidnapping and Bitcoin extortion of a businessman, of which 10 people police officers have already been accused, local news outlet the Hindustan Times reported Monday, April 23.
'Enough Is Enough': Finance Guru Sues Facebook Over Crypto Scams
Martin Lewis, a British personal finance guru, is suing Facebook for allowing scammers, including some promoting cryptocurrency schemes, to use his likeness in advertisements on the platform.
Market Strategist Sees BTC Soon Hitting Between $11,500 And $11,800
Bill Baruch of Blue Lines Futures sees the crypto sector as continuing to rise in the long term, with the "Ultimate upside" for Bitcoin being between $11,500 and $11,800, according to a CNBC video posted yesterday, April 23.
Reuters Survey: At Least 56 Finance Firms Will Enter Crypto In Next 6 Months
Twenty percent of financial firms want to "Start buying and selling digital tokens" in 2018, Quartz reports Monday, April 23.
1 in 5 Financial Institutions Exploring Crypto Trading, Survey Finds
The firm recently surveyed more than 400 clients on its data and trading platforms, including Eikon, REDI, FXall and Elektron.
MIT Comes Up With Three Ways To Destroy Bitcoin
The MIT Technology Review has published an article today, April 24, called "Let's Destroy Bitcoin," detailing three ways that the cryptocurrency could be "Brought down."
Japan Finally Gets Self-Regulatory Body For Cryptocurrency Exchanges
Japan is about to get the first self-regulatory body for its cryptocurrency exchange industry as reports of a formal agreement surfaced on the local news outlet Asahi Shimbun Tuesday, April 24.
16 Exchanges Pledge to Restore Crypto Market Confidence
A group of licensed cryptocurrency exchanges in Japan is looking to restore market confidence by adopting self-imposed rules.
From Russia With Love: Buterin Vs Pham in Twitter Throwdown Round 2
Theory: Kevin Pham is secretly paid by the Chinese to say crazy things to make the bitcoin community look like hyper-individualist insane gun nuts, thereby encouraging its replacement by centralized cryptocurrencies that the Chinese gov can more easily influence.
Cboe Exchange Wants to Lower Its Bitcoin Futures Prices
The Cboe wants to change the way it prices bitcoin futures contracts, a move that comes just months after the exchange operator first debuted its inaugural cryptocurrency product.
Bitcoin Price Climbs to 40-Day High Above $9,200
Bitcoin's price climbed above $9,200 on Tuesday to hit a 40-day high, according to data from CoinDesk's Bitcoin Price Index.
Crypto Market Cap Rises Past $410 Billion As Smart Money Moves In
The cryptocurrency market has experienced an explosive resurgence this week, breaking through the $400 billion market cap ceiling on a strong wave of positive investor sentiment.
Walmart Is Ready To Use Blockchain For Its Live Food Business
Walmart Inc., US retail corporation and the world's largest discount retailer, is ready to use Blockchain technology in its live food business, Bloomberg reported April 23.Frank Yiannas, Walmart Vice President of Food Safety and Health, made the announcement Monday at the MIT Technology Review's Business of Blockchain conference in Cambridge, Massachusetts.
Fear and HODLing at MIT: Blockchain Experts Weigh Impact of SEC Action
On the one hand, the event was clouded by speculation that the U.S. Securities and Exchange Commission may go as far as to classify two of the top three coins by market cap, ethereum and Ripple's XRP, as securities.
Mexican Presidential Candidate Plans to Fight Corruption With Blockchain Tech
Ricardo Anaya, the youngest of the presidential candidates, aims to fight corruption through a safe, auditable, and innovative means: The use of blockchain technologies.
California State Senator Promotes Blockchain Bill For Recording Stock Information
Last week, Senator Bob Hertzberg, who represents California's 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23.SB 838 would allow corporations to apply "Blockchain technology or one or more distributed networks" to record and keep the "Names of all of the corporation's stockholders of record, the address and number of shares registered in the name of each of those stockholders, and all issuances and transfers of stock of the corporation."
An Open Network For Smart Economy
Formerly known as Antshares, NEO is reinventing commerce with blockchain technology by creating a smart economy in which businesses and governments will be able to digitize assets and automate their management.
Another Police Official Arrested In Alleged Bitcoin Extortion Plot
Another high-ranking police official in the Indian state of Gujurat has been taken into custody in connection with a $1 million bitcoin extortion scheme.
Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam
An Icelandic fugitive suspected in a major theft of Bitcoin mining equipment earlier this year was arrested by Amsterdam police, the Associated Press reported April 23.Stefánsson fled the low-security 'open prison' Sogni on April 17 and flew to Sweden.
Tim Draper Says Bitcoin Is Bigger Than The Industrial Revolution In Debate With Skeptics
American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin is "Bigger than the internet," and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23.During the debate - which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto skeptics - the billionaire investor compared Bitcoin, and evidently Blockchain in general, to his early investments in Tesla, Hotmail, and Skype.
British Finance Expert To Sue Facebook For Scam Cryptocurrency Ads
Martin Lewis, an English finance journalist and money-saving expert, is set to issue High Court proceedings against Facebook Monday April 23, accusing the social network of defamation related to deceptive cryptocurrency advertisements, according to Lewis's blog post on April 20.Lewis will launch legal action against the company claiming that within the last year the social platform has published more than 50 cryptocurrency ads with illicit use of his face and name to promote financial products.
Einsteinium: The Road to Recovery
Einsteinium has always been a little bit different than everyone else.
Kraken: NY Attorney General's Inquiry 'Publicity Stunt,' Japan's VC Act 'Good Example'
Crypto exchange Kraken has responded to the New York Attorney General's inquiry launched last week into cryptocurrency exchanges, calling the initiative a "Publicity stunt," and referring to Japan's virtual currencies act as a "Good example" of "Relatively" reasonable regulation, according to a blog post April 22.Attorney General Eric T. Schneiderman launched the "Virtual Markets Integrity Initiative" on April 17 by sending letters to 13 cryptocurrency exchanges, giving them a two-week deadline to answer a three-page questionnaire covering topics like market manipulation, preventing insider trading, and customer funds protection.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 23
Considering the tight consolidation, we recommend traders book partial profits around the $9,200 mark itself because if prices turn down from the current levels, they can easily fall towards $8,300 levels.