Coin News

It's been a standoff between the bitcoin bulls and bears over the past few days, but the bulls might getting ready to take charge.

This article originally appeared on Bitcoin Magazine.

Cboe, the world’s largest futures exchange, has filed for a bitcoin ETF with the US Securities and Exchange Commission (SEC), to enable investors in the public market to trade bitcoin. Bitcoin-Only ETF The official document filed by CBOE with the SEC emphasized that the Trust, referring to Cboe, will only invest in bitcoin on behalf

The post Major Futures Exchange CBOE Files For Bitcoin ETF, Increasing Probability of Approval appeared first on CCN

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When it comes to cryptocurrency investments, there's plenty of room for debate over which digital currency is the best bet. However, insiders surveyed by a New York law firm says the answer is clear: ethereum. 

Here are the current crypto prices:

In the news:

• Google co-founder Sergey Brin says he's been mining ethereum with his son
• 'I definitely personally hope centralized exchanges burn in hell:' Ethereum founder blasts the most powerful players in crypto
• A UK soccer team just became the first ever to be sponsored by cryptocurrency
• Gorgeous women, Vladimir Putin, and fluffy buzzwords: 6 clues the blockchain project you're thinking about investing in is a scam
• SIX is launching a digital asset exchange

SEE ALSO: The Winklevoss twins have hired a top New York Stock Exchange exec to their crypto exchange

Join the conversation about this story »

NOW WATCH: Why Rolex watches are so expensive

Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

When it comes to cryptocurrency investments, there's plenty of room for debate over which digital currency is the best bet. However, insiders surveyed by a New York law firm says the answer is clear: ethereum. 

Here are the current crypto prices:

In the news:

• Google co-founder Sergey Brin says he's been mining ethereum with his son
• 'I definitely personally hope centralized exchanges burn in hell:' Ethereum founder blasts the most powerful players in crypto
• A UK soccer team just became the first ever to be sponsored by cryptocurrency
• Gorgeous women, Vladimir Putin, and fluffy buzzwords: 6 clues the blockchain project you're thinking about investing in is a scam
• SIX is launching a digital asset exchange

SEE ALSO: The Winklevoss twins have hired a top New York Stock Exchange exec to their crypto exchange

Join the conversation about this story »

NOW WATCH: Why Rolex watches are so expensive

Make sure you check out the previous edition here, now let’s go over what happened in crypto last week. In addition to our normal weekly crypto update, we’ve gone ahead and launched a new podcast The Bitcoin Podcast by CCN. Check it out on iTunes and be sure to rate and subscribe! Price Watch: Bitcoin rose nearly 7% during

The post Executive Poaches, Institutional Face Offs and a Custody Launch: Last Week in Crypto appeared first on CCN

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

The post The Impossible Task of Fixing Bitcoin: Highspeed Transactions and Elegant Solutions with Devvio appeared first on CCN

• According to new data from New York-based law firm Foley and Lardner, a group of insiders say that among cryptocurrencies like bitcoin, Dash, and Monero, they believe ethereum to be the best bet.
• 38% of respondents picked ethereum as the best investment opportunity, while 35% picked bitcoin as their preferred investment.

When it comes to cryptocurrency investments, there's plenty of room for debate over which digital currency is the best bet.

But for one group of investors, the choice is clear: According to new data from New York-based law firm Foley and Lardner, a group of insiders say that among cryptocurrencies like bitcoin, Dash, and Monero, they believe ethereum to be the best bet.

Foley and Lardner surveyed a mix of investors and business executives about trends relating to cryptocurrencies. Among the questions they asked was which digital currency they believed to be the best investment opportunity.

The most popular pick? Ethereum, the three-year-old blockchain technology that's been largely used as the foundation for decentralized applications. 

It should be noted, however, that the margin of people who believe that ethereum is a more worthwhile investment over bitcoin is slim: While 38% of respondents said they believed ethereum was the better bet, 35% picked bitcoin as a preferable investment opportunity. 

A mere 5% of respondents said they thought Ripple was the best investment, while only 2% said they would bet on Dash. 

Join the conversation about this story »

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• According to new data from New York-based law firm Foley and Lardner, a group of insiders say that among cryptocurrencies like bitcoin, Dash, and Monero, they believe ethereum to be the best bet.
• 38% of respondents picked ethereum as the best investment opportunity, while 35% picked bitcoin as their preferred investment.

When it comes to cryptocurrency investments, there's plenty of room for debate over which digital currency is the best bet.

But for one group of investors, the choice is clear: According to new data from New York-based law firm Foley and Lardner, a group of insiders say that among cryptocurrencies like bitcoin, Dash, and Monero, they believe ethereum to be the best bet.

Foley and Lardner surveyed a mix of investors and business executives about trends relating to cryptocurrencies. Among the questions they asked was which digital currency they believed to be the best investment opportunity.

The most popular pick? Ethereum, the three-year-old blockchain technology that's been largely used as the foundation for decentralized applications. 

It should be noted, however, that the margin of people who believe that ethereum is a more worthwhile investment over bitcoin is slim: While 38% of respondents said they believed ethereum was the better bet, 35% picked bitcoin as a preferable investment opportunity. 

A mere 5% of respondents said they thought Ripple was the best investment, while only 2% said they would bet on Dash. 

Join the conversation about this story »

NOW WATCH: This hands-free crutch takes the strain off your hands, wrists and arms

When will cryptocurrencies gain widespread adoption? According to a study conducted by researchers at the Imperial College London, cryptocurrencies possess the potential of becoming a widely used form of payment within the coming decade. In their research report titled “Cryptocurrencies: Overcoming Barriers to Trust and Adoption” Imperial College London’s Professor William Knottenbelt and Imperial College

The post Bitcoin Could go Mainstream Within 10 Years: Imperial College Research appeared first on CCN

Changpeng Zhao (CZ), the founder and CEO at the world’s biggest crypto exchange Binance, has said that bitcoin is still in a positive position after its 70 percent fall since early 2018, especially considering its strong rally throughout 2017. Crypto Market is Better in Every Way From January to December of 2017, the price of

The post Bitcoin Still in a Good Position After 70% Fall: Binance CEO Changpeng Zhao appeared first on CCN

Bitmain, the biggest bitcoin mining equipment manufacturer, has closed its Series B funding round to secure a valuation of over $12 billion, officially becoming the largest conglomerate in the history of bitcoin and crypto. A Conglomerate Coinbase, Binance, and Ripple Labs are some of the multi-billion dollar corporations in the global cryptocurrency industry that have

The post How Bitcoin Giant Bitmain Became the Biggest Crypto Company Ever appeared first on CCN

Bitmain, the biggest bitcoin mining equipment manufacturer, has closed its Series B funding round to secure a valuation of over $12 billion, officially becoming the largest conglomerate in the history of bitcoin and crypto. A Conglomerate Coinbase, Binance, and Ripple Labs are some of the multi-billion dollar corporations in the global cryptocurrency industry that have

The post How Bitcoin Giant Bitmain Became the Biggest Crypto Company Ever appeared first on CCN

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Swiss stock exchange SIX has announced plans to launch a fully integrated digital asset trading, settlement, and custody service. SIX is regulated as an operator of Financial Market Infrastructure (FMI) by the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank, which means the digital asset exchange will also be properly regulated. The service is set to be introduced in mid-2019.

• This launch comes at a time when cryptocurrency prices are on the decline. Cryptocurrencies have been struggling with declining prices, with Bitcoin’s pricedropping to $6,515 at the time of writing, down from its all-time high of almost $20,000 in December 2017. This price weakness has likely made many reluctant to invest in cryptocurrencies, as the high volatility could easily lead to them losing large chunks of money. That could hamper investor demand for this new service, at least temporarily.
• However, Switzerland has built a reputation as a crypto hub. Switzerland’s city Zug is dubbed the Crypto Valley, and the country has made many efforts to become a global crypto center. The latest move by SIX might be another way in which the the country can establish itself as a leader in the crypto sector. This is becoming increasingly important as other players are also exploring the space, with France launching Europe’s first blockchain accelerator, and the UK’s Financial Conduct Authority (FCA) welcoming many blockchain startups in the fourth cohort of its regulatory sandbox.

While cryptos aren’t doing as well as they have in the past, an increasing number of institutional players are jumping onboard. In particular, some Wall Street banks are planning to get into crypto trading, so it seems wise of SIX to try to facilitate trading of the assets if Switzerland is to hold onto its reputation in the crypto space. Currently, the vast majority of Bitcoin trading happens in USD, but initiatives like this one by SIX may result in a greater share being conducted in EUR.

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The bitcoin price has remained above the $6,700 mark over the past 24 hours, as major digital assets like ether, Ripple (XRP), and Bitcoin Cash (BCH) demonstrated stability. Is Another Fall to Low $6,000 Inevitable? Previous reports of CCN noted that bitcoin and the rest of the cryptocurrency market will likely experience a movement to

The post Bitcoin Price Remains Above $6,700 as Crypto Market Stabilizes; Another Fall Inevitable? appeared first on CCN

The bitcoin price has remained above the $6,700 mark over the past 24 hours, as major digital assets like ether, Ripple (XRP), and Bitcoin Cash (BCH) demonstrated stability. Is Another Fall to Low $6,000 Inevitable? Previous reports of CCN noted that bitcoin and the rest of the cryptocurrency market will likely experience a movement to

The post Bitcoin Price Remains Above $6,700 as Crypto Market Stabilizes; Another Fall Inevitable? appeared first on CCN

BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.

The much-publicized and controversial crackdown by China’s central bank on the country’s domestic cryptocurrency sector has had its desired effect. The People’s Bank of China (PBoC) – the country’s central bank and financial regulator – has released data that claims bitcoin trading in China’s fiat currency, the renminbi (RMB), has dropped below 1 percent of

The post Bitcoin Yuan Trading Below 1% of Global Total after Crackdown, Says China’s Central Bank appeared first on CCN

A lot of amateur cryptocurrency traders and retail investors are starting to lose interest in this booming industry because of the lengthy and painful decline on the market of digital currencies. Few of those who purchased Bitcoin for $20,000 believe they can sell their funds at the same rate, not to mention any chance of … Continued

The post The Common Tactics Used to Hack a Cryptocurrency Exchange appeared first on CCN

According to Coindelta co-founder Shubham Yadav, cryptocurrency exchanges in India can no longer process fiat-to-crypto trades and have shifted their business model to crypto-to-crypto trading. Central Bank’s Ban on Crypto Stands In April, CCN reported that the Reserve Bank of India, the country’s central bank, first imposed its ban on cryptocurrency trading, effectively disallowing local

The post Local Crypto Exchanges are Circumventing India’s New Bitcoin Ban: Here’s How appeared first on CCN