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1/22/2019 12:01:28 AM - UTC

Crypto.Press’s Evening Crypto News Digest

Bitcoin & Ethereum Price Snapshot

Bitcoin_Logo-bitcoin-latest-price-daily-price-information 1/22/2019 12:00:00 AM,$BTC | #BTC – bitcoin’s Current Price: ▲ $3575.8445 | 1h ▲ : 0.1 % | 24h ▼ : -0.86 % | 7d ▼ : -3.64% | More on: Bitcoin Information
thereum-news-ethereum-price-information-ETHEREUM-ICON_Black 1/22/2019 12:00:00 AM,$ETH | #ETH – ethereum’s Current Price: ▲ $117.2268 | 1h ▲ : 0.17 % | 24h ▼ : -1.93 % | 7d ▼ : -9.35% | More on: Ethereum Information

Crypto News

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Analyst: Bitcoin (BTC) Support Level at $3,550 Weakening After Volatile Weekend
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2019-01-21

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Bitcoin (BTC) is currently coming off of an incredibly volatile weekend where it surged to highs of $3,750 on Saturday before retracing to lows of $3,550 on Sunday. Although nothing fundamental drove this volatility, it is now becoming increasingly common to see volatility over the weekends, which is primarily due to the decline in trading volume.\nThis recent volatility has further confirmed Bitcoin’s current trading range, which analysts believe is gradually becoming …
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Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

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2019-01-21

By CCN.com: Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend off competition from new fintech platforms, he’s\nThe post Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser appeared first on CCN

Digital Securities Platform Joins IBM Blockchain Accelerator Program

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2019-01-21

Digital securities platform Securitize has joined the IBM Blockchain Accelerator program and aims to make the corporate debt market more efficient

Is Apollo (APL) a Scam? Evidence Mounts to Suggest So

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2019-01-21

According to a lengthy Reddit post from earlier today, Apollo (APL) has all the hallmarks of a massive scam to enrich its creators. The allegations, coming from Reddit user RossyRoffle, state that there are many red flags with the project, suggesting that the “all-in one cryptocurrency” is nothing more than vaporware dressed up as ground-breaking tech.\nThe major points of contention in today’s post focus around the lack of development towards grandiose …

Crypto Exchange CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

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2019-01-21

Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.

Crypto Exchange CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

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2019-01-21

Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.

Bank of England Adviser: Cryptocurrencies Fail Basic Financial Tests, Lack Value

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2019-01-21

Huw van Steenis, senior adviser to the Governor of the Bank of England, says that cryptocurrencies fail fundamental financial tests and are slow

‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft

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2019-01-21

By CCN.com: Suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to various prison terms based on their level of involvement in the much-publicised theft of more than three-quarters of a million dollars worth of crypto mining equipment. Crypto Mining Thieves Jailed in Iceland Ringleader Sindri Stefanson bagged the longest sentence with a\nThe post ‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft appeared first on CCN

Analyst: Bitcoin (BTC) Support Level at $3,550 Weakening After Volatile Weekend

:
2019-01-21

Bitcoin (BTC) is currently coming off of an incredibly volatile weekend where it surged to highs of $3,750 on Saturday before retracing to lows of $3,550 on Sunday. Although nothing fundamental drove this volatility, it is now becoming increasingly common to see volatility over the weekends, which is primarily due to the decline in trading volume.\nThis recent volatility has further confirmed Bitcoin’s current trading range, which analysts believe is gradually becoming …

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