Cryptocurrency News

The crypto bears take an early bite, with Bitcoin visiting sub-$5,000 levels before finding support. It could be a choppy day ahead…

After a mixed bag on Monday, the broader market sees red at the start of the day. Bitcoin will need to hold onto $5,200 for the broader market to avoid a mass sell-off.

While it’s another positive start to the day, some red is beginning to hit the board. Support levels could be tested later in the day should sentiment not improve.

Bitcoin moves back through to $5,000 levels early on. Holding above $4,900 levels through the day will be a major coup for the Bulls.

As more mainstream systems integrate with cryptocurrency data, then mainstream investors will want to educate themselves on this new asset class.

The cryptocurrency industry never has a dull moment. With “FUD” (fear, uncertainty, and doubt) being spread about certain projects, it’s difficult to know what is true or not.

Despite being in a steep bear market for the past year and a half, things are starting to look up for the cryptocurrency industry – particularly for Bitcoin.

Expected to be launched during the first half of this year, Facebook will introduce its Facebook Coin. Facebook Coin will be a stablecoin pegged to $1 USD.

In a recent interview with Bitcoinist at DevCon Seattle, NEO founder Da Hongfei provided details about his insights into what he believes the future of cryptocurrency looks like.

Leading bank JP Morgan has launched JPM Coin, a blockchain-based token that is used as a settlement layer for their wholesale payments business. The lender’s wholesale payments business moves over $6 trillion daily around the world.

Facebook’s cryptocurrency division has reportedly acquired blockchain startup Chainspace. This is their first acquisition and is being referred to as an “acqui-hire,” meaning they are most likely interested in gaining the talent pool rather than any practical technology.

As of January 31, 2019, leading cryptocurrency exchange Binance has enabled credit and debit card payments. This is another strategic move for the company to not only grow their user base but also help push the crypto industry one step closer towards mainstream adoption.

Popular trading app Robinhood gains approval to allow New York residents to trade virtual currencies.

New Zealand based exchange Cryptopia was hacked on January 14, 2019, suffering significant losses. Cryptopia did not announce the breach until January 15. The hackers moved at least $2.4 million worth of Ethereum and roughly $1.2 million worth of Centrality to various wallets.

Today marks a milestone for the Bitcoin and broader cryptocurrency industry. It is Bitcoin’s 10 year anniversary. On January 3, 2009, Satoshi created the genesis block which sparked the blockchain industry we see today.

Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox reasserts his innocence during the closing arguments of his trial.

Donald Trump has chosen pro-Bitcoin Mick Mulvaney to act as the White House Chief of Staff come 2019.

The G20, an international forum for governments and central banks, has recently signed a declaration to regulate cryptocurrencies. The declaration was signed in Buenos Aires and covers many topics involving tax evasion, anti-money laundering, anti-terrorism, and public policy.In Section 25, the declaration explicitly mentions cryptocurrencies:“We will step up efforts to