Bitcoin Trading Secrets: How to Wheel & Deal Like a Crypto Whale

By CCN: The crypto newswire went berserk after a research firm published a blockbuster report revealing deep-pocketed “whales” had jumped into the BTC market at the end of 2018 to take advantage of the bitcoin price dump. At that time, bitcoin had fallen 85 percent from its high. The whales knew precisely what they were doing. They are the smart money, and you don’t want to be the dumb money. So how can you trade bitcoin like a whale? There are two secrets. Secret #1: Use This Simple Trick From a Bitcoin Chart Whenever you look at a chart of a

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Binance CEO: India’s Insane Anti-Crypto Bill Will Pump Monero and ZCash

By CCN: The CEO of Binance cryptocurrency exchange, Changpeng Zhao, has predicted that India’s proposed anti-crypto bill will spur the adoption of privacy coins such as Monero and ZCash in the country. Zhao, who runs one of the world’s largest cryptocurrency exchanges by trading volumes, hinted that such a development would be highly significant monumental noting that around 20 percent of the global population resides in India. As earlier reported, the draft anti-crypto bill proposes a 10-year jail sentence for anyone who directly or indirectly mines, generates, holds, sells, transfers, disposes , issues or deals in cryptocurrencies in India. This

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Cannabis Needs Crypto to Usher its Gray Market Into The 21st Century

By CCN: People have long anticipated the legalization of marijuana, long before ‘crypto’ became a buzzword. Over 25 states currently have some form of legalization, with several already moving onto full recreational legalization. A similar process played out during the end of alcohol prohibition in the United States. States, one by one, made alcohol legal again. Eventually, a constitutional amendment was recirculated, but by the time it passed, most residents had some legal access to alcohol yet again. Individual jurisdictions were still allowed to restrict the sale and possession of alcohol, and that persists today. Legalization Has Down Sides While

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Bitpanda Goes Global: Announcing the Bitpanda Global Exchange and the IEO for the Ecosystem Token Best

Vienna, 5th of June 2019 – Vienna-based fintech Bitpanda will launch the Bitpanda Global Exchange, a global cryptocurrency exchange for experienced traders, professionals, and institutions. The Bitpanda platform will also get its own ecosystem token through an Initial Exchange Offering (IEO).  BEST (Bitpanda Ecosystem Token) will offer a range of benefits and incentives to nearly 1 million Bitpanda users. The Bitpanda Global Exchange allows global crypto-to-crypto and fiat-to-crypto trading Popular trading pairs including BTC/EUR, BTC/USDT, ETH/EUR, XRP/EUR, MIOTA/EUR, ETH/BTC, XRP/BTC, MIOTA/BTC, PAN/BTC, BEST/BTC, BEST/EUR, and BEST/USDT. Fiat deposits (Euro, Swiss Franc, and British Pound) in the majority of European countries;

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All-White South African Protest Community Launches Cryptocurrency

By CCN: The town of Orania, South Africa, claims it’s not racist, but it’s only ever allowed white people to live within its walls. Wholly owned by a single community corporation, the city was established after Apartheid ended and has always had its own currency. Now the town of about 9000 people is moving to cryptocurrency. The e-Ora The Ora is the community’s native currency. It amounts to a stablecoin with the South African rand as a peg, but now a digital equivalent emerges. Both notes are issued and controlled by Orania’s version of a central bank, called The Orania

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Is Demand from Crypto-Ban China Driving the Bitcoin Price Rally?

By CCN: There’s a reasonable possibility that demand for Bitcoin is being driven from China, according to CryptoSlate’s Ali Martinez. Officially speaking, China doesn’t have crypto trading anymore. The country’s court system later found that a ban on crypto exchanges and ICOs didn’t extend to banning people from possessing digital assets. As a result, just as there remains a demand for anything else in China, there’s a significant demand from the country of 1 billion. Martinez reports that most exchanges moved their servers offshore. Nothing else about their business changed. There are several markets for the Yuan and cryptos. So,

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Infamous Apple and their New Release of $999 Monitor Stand

  Let’s talk about the infamous Apple and their new release of the $999 monitor stand for the brand new Mac. Want the new Apple monitor for 4,999? Oh but you’re going to need something to hold up that beautiful new Pro Display XDR. How about a stand for $999? Steve Jobs is rolling in his grave and not out of disappointment but excitement. Finally, Apple is learning how to screw its customer in every way possible.

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Walmart In-Home Delivery a Security Threat and Amazon Knock-Off

By CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes. But that’s exactly what the Bentonville, Ark. behemoth is planning to do in a bid to take on Amazon in the burgeoning home-delivery market. It is pure madness. But will it work? Anyone Want Walmart Employees in Your Home? Walmart is going to launch refrigerator deliveries in Kansas City, Missouri, Pittsburgh, and Vero Beach, Fla. The maneuver was originally trialed in Silicon Valley in 2017

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Uber’s Executive Shakeup Is Just What This Flagging Company Needed

By CCN: Uber has suffered a defection from the C-Suite, and the timing couldn’t be better. It’s no secret that the ride-sharing company that has been struggling with its own identity has had a rocky road since its IPO. The stock only recently recaptured the IPO price (thanks to bullish Wall Street analysts propping up the price), and there is a great deal of uncertainty surrounding the company’s future. When it was revealed that not one but two Uber executives would be departing, things started to look up. It’s not for any other reason except it shows that the new

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This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million

By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot. An estimated $13 million worth of cryptocurrency was saved in the process. A video on YouTube reveals how bad actors could have potentially gained access to Komodo users’ private keys: Funds are Safe

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Litecoin Price Soars 18% and Halving Excitement Could Supercharge Value Higher

By CCN: The litecoin price has appreciated more than 18-percent this week, and fundamentals suggest that it could go even higher. The LTC-to-dollar rate today established an intraday high of $114.89 on Coinbase exchange. That took its 24-hour adjusted gains to 8.60-percent, the highest among the top cryptocurrencies on a bullish Friday. The move further helped Litecoin erase losses incurred during the last week’s downside action entirely. At the same time, the world’s largest cryptocurrency, bitcoin, was still to recover 7-percent higher to compensate a similar weekly loss fully. Litecoin Halving, Mimblewimble The stark difference between the bullish bias of

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India’s Insane Anti-Crypto Bill Proposes 10-Yr Prison Sentence for Bitcoin Adopters: Report

By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee. 10 Year Jail Sentence for Bag Holders? As per the Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, anyone involved in the Bitcoin or crypto ecosystem would face criminal punishment. The bill proposes a 10-year prison sentence for persons who “mine, generate, hold, sell, transfer, dispose, issue or deal in cryptocurrencies,

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Polish Cryptocurrency Exchange Coinroom Exit Scams With Customer Funds

By CCN: Coinroom, one of the largest cryptocurrency exchanges in Poland, has suddenly closed down its services in April as part of an exit scam that had left thousands of customers as victims. According to the Polish media outlet Money.pl, Coinroom customers received an email on April 2 stating that the cryptocurrency exchange is terminating their contracts and they have one day to withdraw their funds. Failing to do so within that time would force users to request withdrawals by sending an email directly to the Coinroom support team. Coinroom had the right to deal with withdrawals this way as

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Bitcoin a Good Be if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. “I watch bitcoin as a signal, not because I want to own it because I’d

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Bitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam

By CCN: The Fear of Missing Out (FOMO) that recently drove bitcoin’s price above $9,000 has run out of gas, according to a new report published by crypto analytics firm SFOX. While the BTC price was on a steady incline since the beginning of April when bitcoin traded for $4,100, the coin has hit a ‘tipping point’ in overall sentiment. Bitcoin Rally Driven by FOMO SFOX relies upon price momentum, market sentiment, and industry advancement for its price outlook. In May, BTC registered a ‘mildly bullish’ rating but has since been downgraded to ‘uncertain.’ FOMO has clouded overall crypto sentiment and

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ADN Coin CEO Confirms Listing on BitForex Exchange by June 9, 2019

ADN Coin, a project spearheaded by finance and cryptocurrency experts Ron Lim and Jon Ban, announced that they will be listing ADN Coin on several of the top cryptocurrency exchanges starting on June 9, 2019. The first exchange that will list ADN Coin is BitForex. The ADN Coin project also confirms that it is slated to be listed on at least six other exchanges in the next fifteen days, shortly following the BitForex listing. The names of the other exchanges remain a mystery, but will be revealed soon enough. According to Mr. Ron Lim, Chief Executive Officer of ADN Coin:

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Russia’s Massive Oil Industry Considers Using Facebook’s Global Coin

By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy. Warning that further American dominance in technology will likely lead to increased sanctions and other problems for Russia, including trade and tariff imbalances. What Does Global Coin Mean for the Globe? The Russian government has been back and forth about the fate of cryptocurrency in the large region. On the one hand, they might end up with regulations that require one to be a qualified investor to buy

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John McAfee Sends the Media Bitcoin Debit Cards, but What’s the Catch?

By CCN: It seems the world is one step closer to being blessed with John McAfee’s cryptocurrency debit card. In a tweet, the elusive bitcoin evangelist announced he was giving 20 cards out to members of the media. He says: “You are free to keep the cards or return them. Use them anywhere. Load them directly from your smartphone wallet.” If you’re not a member of the media, don’t fret. McAfee says the card will be ready for the public within a couple of weeks. Does anyone else think this sounds like a trap? Is John McAfee’s Bitcoin Debit Card

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Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio

By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report. Once again, the stock market insists on valuing money-losing businesses in the billions of dollars. Beyond Meat Stock Price Is Beyond Insane The stock market is giving Beyond Meat stock a $5.7 billion valuation after reporting a mere $40 million in revenue this quarter. Beyond Meat lost $6.6 million in the quarter and generated negative cash flow of about $2 million. The $5.7 billion

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At Least 100 XRP Wallets Alarmingly Exposed at Ripple Service Provider

By CCN: Gatehub Founder and CEO Enej Pungercar wrote a public letter disclosing that the company’s infrastructure had been compromised and at least 100 wallets were likely affected. The letter explains that an exploit was located in the company’s API, which enabled certain wallets to be affected. Users were urged to get their money off of Gatehub and into other XRP wallets while the issue was investigated. Centralized XRP Wallets Compromised Most cryptocurrencies have some form of a web wallet. For some, like Monero and Ethereum, web wallets represent a large portion of users. Maintaining a full node of either

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