Monthly Archives: April 2019

Crypto Markets Slump, Oil Prices Report Losses

Crypto markets are in the red today, with bitcoin losing almost $260 on the day and significant fluctuations in the top 20. Friday, April 26 —  After breaking above the $5,500 mark yesterday, bitcoin (BTC) has reported a loss of around $260 to press time. All of the top-20 cryptocurrencies other than bitcoin SV (BSV) are in the red, according to data from Coin360. Market visualization from Coin360 BTC is trading around $5,247 at press time, dropping 5% over the day and forming a new weekly low. […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 26

If the crypto market shows sustained recovery, institutional players could be forced to take the plunge and enter the space. 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. While various cryptocurrencies are vying to attract investors attention, stablecoins have silently gained popularity. Currently, most stablecoins are pegged to the […]

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Coinme and Coinstar Plan Expansion of Bitcoin ATMs Across 19 U.S. States

Coinme has announced that its partnership with Coinstar is paying out major dividends, allowing them to continue expanding their goals to make bitcoin kiosks a commonplace sight in the United States. The partnership between the two companies began in early 2019, combining Coinme’s bitcoin ATM experience with Coinstar’s nationwide fleet of 20,000 coin-to-cash kiosks. In a press update on April 24, 2019, Coinme stated that it has experienced “strong national momentum and growth of its mainstream digital currency business, led by a massive increase in the number […]

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Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs NYAG Announcement Creates Crypto Market Uncertainties On April 25, the New York Attorney General’s (NYAG) office published a court order that alleged the cryptocurrency exchange Bitfinex lost $850 million and used Tether […]

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SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO

In the full fiscal year ending on March 31, 2019, SBI Virtual Currencies recorded a profit before tax of around $3.2 million. New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26. SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, reportedly recorded a profit before tax of almost 360 million Japanese yen ($3.2 million) for the full fiscal year from April 2018 to March 31, 2019. SBI also made a number of […]

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SeedInvest Gains FINRA Approval as Alternative Trading System a Month After Circle Buyout

The regulatory endorsement allows users to trade startup shares after acquisition. SeedInvest, the equity crowdfunding platform owned by crypto-friendly payment giant Circle, has gained approval to offer secondary shares trading, crypto industry news outlet The Block reported on April 26. The platform, which Circle bought out for an undisclosed sum in March this year, can now allow its users to trade startup shares via its accreditation as an Alternative Trading System. The company got the go-ahead from the United States Financial Industry Regulatory Authority (FINRA), a month […]

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Tobacco Giant Philip Morris Estimates It Could Save Up to $20 Million by Using Blockchain

Philip Morris’ global head of architecture and tech innovation revealed that the firm wants to apply blockchain in tax stamp tracking. International tobacco company Philip Morris is considering blockchain use in tracking tax stamps on cigarette boxes, the firm’s spokesperson confirmed to Cointelegraph on April 26. Philip Morris International is looking to implement emerging technologies such as blockchain in order to improve the efficiency, transparency and cost effectiveness of its business, the company’s representative said in an email to Cointelegraph. Specifically, Nitin Manoharan, Philip Morris’ global head […]

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Bitfinex Withdraws $89 Million From Cold Wallet as Users Signal Exodus Over Legal Debacle

Bitfinex is facing pressure from U.S. lawmakers over its handling of missing funds worth $850 million. Cryptocurrency exchange Bitfinex has withdrawn funds worth almost $90 million from its cold wallet, blockchain data reported by cryptocurrency news outlet The Block confirmed on April 26. Bitfinex, which has the same owner as USD stablecoin Tether (USDT), has not publicly explained the reason for the withdrawals, which come as both companies face a fresh debacle over potentially missing funds. Over roughly the past 12 hours, Bitfinex has moved large amounts […]

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🛑BREAKING: BITCOIN UNDER $5K! WHAT CAUSED IT? 🛑 (Live)

🛑BREAKING: BITCOIN UNDER $5K! WHAT CAUSED IT? 🛑 (Live) #cryptocurrency #bitcoin #bullmarket Disclaimer: I am not a financial advisor and this is not financial advice. BRAND NEW UDEMY COURSE – Find out my Biggest Investment ever: https://www.udemy.com/cryptocurrency-investing/?couponCode=CRYP10 NEW BITDEGREE COURSE: https://www.bitdegree.org/course/cryptocurrency-project-opportunity-of-20182019 Want to attend my talk on Monday 18th June? Buy a ticket at http://bef.latoken.com/ and use the code ‘SUPPOMAN’ NEW BITDEGREE COURSE: https://www.bitdegree.org/course/cryptocurrency-investment-opportunity NEW NO1 ICO COURSE: https://www.udemy.com/blockchain-course/?couponCode=NO1ICO NEW ICO 2018 COURSE! https://www.udemy.com/cryptocurrency-ico/?couponCode=ICOS10 Cryptocurrencies Trading Course 2017 for Just $10! https://www.udemy.com/cryptocurrencytrading/?couponCode=TRAD10 Ultimate Cryptocurrency Wallets Course for […]

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Samoa Investigates Church After OneCoin Defied Legal Ban to Sell Products to Investors

Members of a local church ended up buying into the Ponzi scheme after a sales pitch, the central bank confirms. A church in the Pacific nation of Samoa is at the center of scrutiny after ministers invited notorious cryptocurrency Ponzi scheme OneCoin to preach to its congregation, New Zealand-based media network Radio NZ reported on April 26. OneCoin, which is now all but defunct after the indictment of both its masterminds, raised hundreds of millions of dollars worldwide by luring investors with the promise of huge returns. […]

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