Daily Cryptos Espresso – 27 May 2019

Extremely busy day in Crypto-world. Bitcoin goes over $8,900 and shows further signs of growth. Whales move 27,019 BTC in a concerted rally. Altcoins follow suit. But crypto-researcher predicts nosedive to $,4200. Argentina one of the biggest action areas. Bitcoin SV gains $1 Billion from recent copyright application. New bank-backed crypto exchange coming to Japan, with big plans. Korea’s oldest bank launches national blockchain-based loan platform. A growing number of NFL players want to be paid in cryptocurrencies.

  • Bitcoin Price Hits $8,939 in New 2019 High: What’s Driving the Hypnotic Rally?

    CCN    
    27 May 2019

    By CCN: In the U.S. market and on strictly regulated crypto exchanges such as Bitstamp and Coinbase, the bitcoin price surpassed $8,900 to achieve a new 2019 high at $8,939. As the bitcoin price achieved a new all-time high off of a 100 percent year-to-date gain, investors have started to reaffirm their long-term forecasts on the asset’s trend.

  • Bitcoin Hits New Yearly High Over $8,900 – Are Double Digits…

    Bitcoinist    
    27 May 2019

    A few hours ago during Asian trading, BTC surged to its highest price since May last year. Today’s 13 percent pump has seen the daddy of digital assets lift off from its low for the day of $7,890 to the new high before returning to $8,735 where it currently trades.

  • Another Crypto Pop Pushes Bitcoin Close to USD 9,000, Altcoins Rally

    Crypto News    
    27 May 2019

    As the crypto market rallied sharply in the last hours of Sunday (UTC time), bitcoin reached its new high of 2019, altcoins followed the suit and the total market capitalization increased by almost 8% in the past 24 hours.

  • Bitcoin Whales Move 27,019 BTC in Crypto Rally – Plus Ripple and XRP, Ethereum, Litecoin, Stellar, Tron, Cardano

    The Daily Hodl    
    27 May 2019

    One massive Bitcoin holder in particular moved 15,000 BTC worth more than $119 million in a single transfer from one unknown wallet to another. Only one of the recent transfers involved Bitcoin moving onto an exchange, which indicates the crypto trader may be looking to sell as many as 1,500 BTC amid the market rally.

  • Crypto Researcher Selling Bitcoin (BTC) Anticipates Nosedive to $4,200: ‘I May Be the Last Bear Left’

    The Daily Hodl    
    27 May 2019

    Keiser believes Bitcoin will hit $100,000, though he doesn’t think it’s important to predict when. You should have been stacking SATs.'”  Bitcoin is currently trading at $8,785 at time of writing, surging over 16% in the past five days. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets.

  • Bitcoin Price Will Nosedive After Dead Cat Bounce: Crypto Blogger

    CCN    
    27 May 2019

    By CCN: The bitcoin price will crash again soon because the latest rally was merely a dead cat bounce and not because the cryptocurrency’s fundamentals are strengthening. title: "Bitcoin Price Will Nosedive After Dead Cat Bounce: Crypto Blogger", url: "https://www.ccn.com/bitcoin-price-nosedive-dead-cat-bounce",

  • Bitcoin Price Skyrockets to All-Time High in Argentina, Dwarfing 2017 Rally

    CCN    
    27 May 2019

    As CCN reported earlier this month, BTC blew past its all-time high against the Argentine peso in the latest rally. BTC roars past its all-time against the Argentine peso as inflation ravages the Latin American nation’s economy. title: "Bitcoin Price Skyrockets to All-Time High in Argentina, Dwarfing 2017 Rally", url: "https://www.ccn.com/bitcoin-price-all-time-high-argentina-2017-rally",

  • Bitcoin Roars as Europe Transforms

    TrustNodes    
    27 May 2019

    A rise of nationalists means a more trash economy, which means capital flight, which means some of it will find its way to bitcoin. While an even bigger rise for classical liberalism through Libdems means bitcoin and cryptos in general will have powerful allies in politics.

  • Crypto Market Sentiment: Now EOS Stands with BTC in the Positive Zone

    Crypto News    
    27 May 2019

    Tether has a high score of 6.2 in news, and 5 in fundamental, but it also received 4.7 in buzz, 4.4 in social, and just 2.6 in technical. Omenics measures the market sentiment by calculating the SentScore, which aggregates the sentiment from news, social media, technical analysis, viral trends, and coin fundamentals based upon their proprietary algorithms.

  • Crypto Analyst: Bitcoin Extremely Overextended But Not Finished Yet – BTC, XRP, Ethereum, Litecoin Forecasts

    The Daily Hodl    
    27 May 2019

    Now I wouldn’t set your sell orders exactly at $10,000 or try to time the market. But I think $10,000 is very likely and then after that we’re going to have a very similar correction down 40% – what we saw in the last parabolic run-up back here in 2015.

  • Shades of black and the future of Bitcoin

    CoinGeek    
    27 May 2019

    If the protocol is changed, then it shows and demonstrates it is not Bitcoin.”Certain crypto projects – Bitcoin Core (BTC) included – want to introduce greater anonymity to their platforms.

  • Max Keiser Says $28K Bitcoin ‘Still In Play’ After EU…

    Bitcoinist    
    27 May 2019

    Max Keiser Says $28K Bitcoin ‘Still In Play’ After EU Elections Results Emilio Janus | May 27, 2019 | 09:01 Max Keiser has upped his short-term Bitcoin price prediction to a new all-time high amid what he views as fresh political turmoil throughout Europe.

  • Bitcoin SV (BSV) Price Spikes 33%, Gains $1 Billion From a $55 Copyright Application

    CCN    
    27 May 2019

    The Bitcoin SV market enjoyed a mindless price bump of 200-percent last Tuesday after Calvin Ayre, Dr. Wright’s close associate, claimed the US copyright office had accepted the scholar’s claim of being Satoshi Nakamoto, the mysterious Bitcoin creator. title: "Bitcoin SV (BSV) Price Spikes 33%, Gains $1 Billion From a $55 Copyright Application", url: "https://www.ccn.com/bitcoin-sv-price-1-billion-55-dollar-copyright",

  • Stellar Lumen (XLM) Price Signaling Bullish Continuation To $0.1600

    Live Bitcoin News    
    27 May 2019

    Stellar lumen price found a strong support near $0.1175 and recently climbed higher against the US Dollar.XLM price broke a few important resistance levels near the $0.1250 and $0.1300 levels.There was a break above a crucial bearish trend line with resistance at $0.1245 on the 4-hours chart (data feed via Kraken).The pair is currently trading in a positive zone and it may continue to climb towards $0.1500 or $0.1600.

  • Ripple Price Analysis: XRP Signaling Upside Acceleration Above $0.4300

    Live Bitcoin News    
    27 May 2019

    Ripple price started a fresh increase above the key $0.3880 resistance against the US dollar.The price broke the $0.4000 resistance area to move into a positive zone.There was a break above a major bearish trend line with resistance near $0.3880 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is currently gaining momentum and it is likely to climb above $0.4200 and $0.4400.

  • Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 27

    CoinTelegraph    
    27 May 2019

    If the buyers propel the cryptocurrency above $0.47919, a rally to $0.60 is probable.On the other hand, if the bulls fail to scale the overhead resistance of $0.47919, the XRP/USD pair can dip to the 20-day EMA.

  • A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000

    CCN    
    27 May 2019

    If the liquidation of BitMEX contracts pushed the bitcoin price up in the past 24 hours, considering that the CME futures market accounts for a large portion of the global volume of BTC, CME could serve as a catalyst for the next potential upside movement of BTC.

  • China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place

    CoinTelegraph    
    27 May 2019

    News China updated its cryptocurrency rankings on May 23 — with eos retaining the top spot and bitcoin moving up three places.The government-sponsored index assessed each blockchain on three criteria: technology, application and innovation.Joining EOS in the top five was tron, ether, steem and ontology.Despite its dominance in the crypto industry overall, Bitcoin was in 12th place.

  • Crypto market daily report – May 27, 2019

    CoinGeek    
    27 May 2019

    The cryptocurrency markets demonstrated considerable bullish movement on Sunday with Bitcoin Core (BTC) rising by an impressive 9% to the $8,685 mark which represents a high for the year and almost at the level of the same time last year.Ethereum (ETH) was also up by 8% to the $266 mark, whilst Litecoin was up by 13% to the $113 mark on the back of vastly increased turnover.

  • Exchanges, Listings and Delistings

  • A New Crypto Exchange Is Heading to Japan

    Live Bitcoin News    
    27 May 2019

    Mt. Gox occurred in February 2014 when more than $400 million in bitcoins – the record holder for most money stolen in a crypto hack at the time – went up in smoke practically overnight. We Can “Blame” BTC for Higher Trading Japan is home to several new bitcoin and cryptocurrency traders following the recent surge in crypto prices beginning in early April.

  • SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans

    CoinTelegraph    
    27 May 2019

    The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities.

  • These 10 Crypto Exchanges Passed Wash Trading Test

    Crypto News    
    27 May 2019

    Only 10 out 83 cryptocurrency exchanges, analyzed by crypto investment company Bitwise Asset Management, passed a test aimed to show if they were reporting systematically inflated bitcoin trading volumes. The authors of the analysis aimed to identify the exchanges that were reporting systematically inflated volumes, that is, any reported trading volume that does not reflect legitimate price found in the market.

  • Crypto Listing & Delisting Announcements: Week 21

    Crypto News    
    27 May 2019

    Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week. Do you have information about new listings and/or delistings? Cashbet Coin (CBC) Bit-Z C-BIT (XCT) Beetle Coin (BEET) PKG Token (PKG) Signals Network (SGN) Earth Token (EARTH) Matic Network (MATIC)

  • Bitcoin and Crypto Exchange Binance Sees Its Launchpad Project Entering Partnership With T-Mobile Owner

    The Daily Hodl    
    27 May 2019

    Now the Cambridge-based tech startup is partnering with German telecom giant Deutsche Telekom to build an advanced decentralized network for IoT devices. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets.

  • Scams, Hackers, Brankruptcy & Law

  • China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft

    CCN    
    27 May 2019

    The second surprise is how harsh Chinese authorities were on an old woman who confessed to her crimes, paid her fines to the government, and reimbursed the electricity company. In April 2018, police in the Chinese port city of Tianjin confiscated 600 bitcoin mining computers in the largest case of power theft in recent years.

  • 2 Bitcoin Cash Mining Pools Organized 51% Attack to Thwart Hacker

    Finance Magnates    
    27 May 2019

    However, per the report, “the only victim with respect to these double spent coins could have been the original ‘thief’”–two mining pools (BTC.com and BTC.top) that controlled more than half of the BCH network carried out a “51 percent attack” to reverse the attacker’s transactions.

  • Cryptopia Files for Bankruptcy Protection in the US

    Finance Magnates    
    27 May 2019

    We took these steps to preserve the Cryptopia information that is stored and hosted on servers with an Arizona based business,” Cryptopia’s liquidator noted. The data stored on the servers of the Arizona-based firm include the information exchange’s clients holdings and is needed to process the refunds.

  • Cryptopia liquidators beg for user data as more dirt is unearthed

    CoinGeek    
    27 May 2019

    In the case of Cryptopia, the red flags were piling up long before their January hack.Internet sleuths have uncovered old Reddit posts about the exchange from March 2018, where users discussed difficulty withdrawing from the exchange, and withdrawal limits of up to NK$5000 ($3272) without any know your customer (KYC) checks.It’s bad enough that people were publically warning each other to stay away because of 40 day withdrawal waiting times.

  • App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

    CoinTelegraph    
    27 May 2019

    in news, and 5 in fundamental, but it also received 4.7 in buzz, 4.4 in social, and just 2.6 in technical. Omenics measures the market sentiment by calculating the SentScore, which aggregates the sentiment from news, social media, technical analysis, viral trends, and coin fundamentals based upon their proprietary algorithms.

  • Money Laundering? $17k Fee Charged on a $1k Litecoin Transaction

    Finance Magnates    
    27 May 2019

    If they wanted to, they could mine a block with only a few of their own transactions, but then they’d lose out on fees.”   The reasons for this could have been associated with tax evasion–however, others have pointed out that the high fee could be an attempt to disassociate coins with crimes they may have been used to pay for.

  • FCA regulators warn public of ICAP crypto clone firm

    CoinGeek    
    27 May 2019

    While they did not claim to be regulated by the U.K. regulatory agency, they have been using company details from ICAP Europe, claiming them as their own.According to the release, the FCA has found several organizations who have cloned the information for ICAP Europe in particular, looking to target consumers by getting them to commit their assets to the crypto scheme.These types of schemes date back to at least August 2018.

  • Cryptopia's Liquidator Rushes to Protect Users Data in Arizona

    Crypto News    
    27 May 2019

    Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, applied for urgent interim relief in an attempt to preserve the data stored and hosted on servers with an Arizona based business that is terminating the contract with the exchange, the liquidator announced.

  • Tokens, Lenders, Governments and Blockchain Projects

  • Real estate Zweispace chooses Bitcoin SV as its public blockchain

    CoinGeek    
    27 May 2019

    Although that wasn’t the top factor for their choice, considering BSV is the only Bitcoin protocol to opt for a stable protocol, it made their choice clear.With the decision, Zweispace brings an exciting new product with an impactful business model to the BSV blockchain.

  • Tokenized Protocol for Bitcoin SV (BSV) – Beta Release

    CoinGeek    
    27 May 2019

    “We believe our solution is the best token and smart contract system on the market, by far, and combined with the unrivalled scaling capabilities of the Bitcoin SV (BSV) network, we believe we can systemically improve the way our world engages in voluntary exchange.”The beta version represents a major upgrade from the alpha version, and the Tokenized team released a comprehensive set of documentation to allow developers to get a proper sense of what it can do.

  • YouHodler: First Lending Platform Allows to Buy, Sell and Convert Crypto

    CCN    
    27 May 2019

    Hence, YouHodler developed a new, efficient tool for buying cryptos without ever having to touch an exchange. Loans, conversions, cross-border payments, crypto purchasing, and fiat withdrawals are all possible on YouHodler and the team continues to release new features each month. title: "YouHodler: First Lending Platform Allows to Buy, Sell and Convert Crypto", url: "https://www.ccn.com/youhodler-first-lending-platform-allows-to-buy-sell-and-convert-crypto",

  • Avelacom and Seed CX Partner to Enhance IT Infrastructure

    CoinGeek    
    27 May 2019

    Customers from both companies will also be able to access the Seed CX platform for real-time market data, thus enhancing speed and stability in company operations and service provision.Avelacom stands out as a leading tech company and as high-performance global connectivity and IT infrastructure provider specific to the financial service industry.

  • A growing number of NFL players want to be paid in crypto

    CoinGeek    
    27 May 2019

    After his tweet, Anthony Pompliano, co-founder and partner of Morgan Creek, pointed out that another player has been trying for years to be paid in crypto.Pompliano stated, “NFL Quarterback @MattBarkley tried to get the San Francisco 49ers and Cincinnati Bengals to each pay his contracts in Bitcoin.

  • Liquid Introduces Isolated Crypto Margin Trading

    Finance Magnates    
    27 May 2019

    The Japanese crypto trading platform Liquid has introduced isolated margin trading to “redefine and improve” trading services. The company thinks that the new services will enhance the trading experience of the leverage traders in the volatile cryptocurrency market.

  • Robinhood looking to raise at least $200 million in new funding round

    CoinGeek    
    27 May 2019

    Last year, the startup raised $363 million in a fundraising round that saw its value shoot up fourfold to $5.6 billion, up from $1.3 billion a year earlier.Robinhood acquired the BitLicense earlier this year and begun to offer crypto trading for its users in the state of New York last week.

  • The Top 5 Countries Gripped by Bitcoin FOMO Right Now

    Bitcoinist    
    27 May 2019

    The Top 5 Countries Gripped by Bitcoin FOMO Right Now Christina Comben | May 27, 2019 | 05:59 The naysayers called Bitcoin dead (more than 350 times, to be precise). Google Searches for Bitcoin Show FOMO in these Countries 1. Brazil As the largest country and economy in South America, conditions for Bitcoin FOMO in Brazil are particularly ripe.

  • The Innovation Behind CryptoFollow’s Model

    CCN    
    27 May 2019

    Currently, first-time traders and beginner investors remain the most disadvantaged and massive group of potential crypto users. A Malta-based company called CryptoFollow came up with a viable solution to the issue and is currently developing a decentralized ecosystem for crypto-investment brokerage that helps crypto-brokers and investors alike to meet each other in fraud- and scam-free environment.

  • This Crypto Startup Taps the BitTorrent Model to Revolutionize Gaming

    CCN    
    27 May 2019

    But that might be changing with the advent of a new decentralized protocol called Bluzelle, which uses crypto token incentives and the “BitTorrent model” to create a globally distributed network of caching servers. Game developers can use the Bluzelle network to cache their content and give a much better experience than is possible using traditional data centers.

  • Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

    CoinTelegraph    
    27 May 2019

    The system allows the parties to register and operate in the network using an encrypted one-time password, enabling easy and instant access to the data necessary for the approval and issuance of loans.A Shinhan Bank official reportedly said that the recent application of blockchain technology is a part of the institution’s attempts to provide remote services for clients.

  • European Bank Official Discusses Potential Benefits of Central Bank Digital Currency

    CoinTelegraph    
    27 May 2019

    In the meantime, one of the key issues the central bank should consider is the CBDC’s adherence to the money laundering requirements and the way it can apply the anti-money laundering (AML) standards to anonymous forms of CBDC.Earlier in May, the ECB released a report on the potential impact of digital currencies on economic developments and monetary policy, where it specifically states that such implications could occur should cryptocurrencies became a credible substitute for cash and deposits, while currently they do not fulfil the functions of money.

  • Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform

    CoinTelegraph    
    27 May 2019

    In April, EY launched a private beta test version of its new Smart Contract Analyzer tool for the public Ethereum network, as well as an updated version of its Blockchain Analyzer and a ZKP protocol.

  • Consensys Launches ETH Blockchain, DApp Developer Job Kit to Help Hopefuls Enter Market

    CoinTelegraph    
    27 May 2019

    Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, applied for urgent interim relief in an attempt to preserve the data stored and hosted on servers with an Arizona based business that is terminating the contract with the exchange, the liquidator announced.

  • Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network

    CoinTelegraph    
    27 May 2019

    But I think $10,000 is very likely and then after that we’re going to have a very similar correction down 40% – what we saw in the last parabolic run-up back here in 2015.

  • Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

    CoinTelegraph    
    27 May 2019

    But I think $10,000 is very likely and then after that we’re going to have a very similar correction down 40% – what we saw in the last parabolic run-up back here in 2015.