US Presidential Candidate Tulsi Gabbard Bought Crypto at Height of Bull Market

US Congresswoman Tulsi Gabbard of Hawaii is running for president of the United States in 2020. In December 2017, Gabbard bought Litecoin and Ether at the height of the crypto bull market, according to federal filings. Other US lawmakers who invested in crypto include Republican Bob Goodlatte, a 13-term Congressman from Virginia.In 2018, Goodlatte revealed that he held $17,000 to $80,000 worth of bitcoin, bitcoin cash, and Ether. The Congressional Blockchain Caucus urged US lawmakers to support blockchain and crypto. They say the disruptive technologies could revolutionize banking, supply-chain management, and healthcare.
Mulvaney is also the director of the Office of Management and Budget. His job is to prepare President Donald Trump’s budget proposals to Congress. Having bitcoin proponents at the highest levels of the federal government could be a boon or a bust for the crypto market. Only time will tell.

Tron Price Tumbles after Ex-Employee Throws Shade on BitTorrent Project

The Tron price went into free fall shortly after a former executive torched the company’s BitTorrent Project. It has since staged a small comeback. As of this writing, Tron (TRX) was trading at US$0.023, down 8.9% on relatively high volume. The company has been under fire for several days. Last week, former chief strategy officer Simon Morris said there’s “no way” the Tron blockchain can handle BitTorrent’s high rate of transactions.
Tron is a blockchain platform for supporting smart contracts and high throughput. BitTorrent is a peer-to-peer file sharing protocol with over 100 million users in 138 countries.The BitTorrent Token is a cryptocurrency linked to the BitTorrent file-sharing platform. As CCN reported, Tron founder Justin Sun acquired BitTorrent for $126 million in July 2018.

Google Reportedly Blacklists ‘Ethereum’ as a Google Ad Keyword, Startup Claims

The official Google Ads account replied to the tweet stating that cryptocurrency exchanges targeting the United States and Japan can be advertised on the platform, and that targeting other countries could be the reason for the ad rejection.When Decenter explained that they are a group of developers doing smart contract security audits and that they were seeing the error message when trying to use the “ethereum development services” and “ethereum security audits” keywords, Google Ads’ official account answered Recently, Cointelegraph reported that the Bitcoin (BTC) wallet provider Samourai Wallet needed to disable some of its security features in order to be able to continue to distribute its software on Google’s Play store.

Bitcoin Falls Under $3,600 as Top Cryptocurrencies Report Moderate Losses

At press time, Bitcoin is down over 2 percent on the day, trading at around $3,568. Looking at its weekly chart, the current price is lower than the intra-week high of $4,109 — registered on Jan. 8 — and is also lower than $3,869, which is the value of one bitcoin last Sunday.Ethereum (ETH) has seen its value decrease by over 6 percent over the last 24 hours. At press time, ETH is trading at around $118, having started the day around $127. On the weekly chart, Ethereum’s current value is significantly lower than $153, the price at which the coin started the week.Also this week, an analyst recently declared the number of active Bitcoin wallets, many of which have long been dormant, has seen an uptick that could herald major market movements.

Ethereum Classic Hacker Stole 54,200 ETC from Crypto Exchange Gate.io

Cryptocurrency exchange Gate.io confirmed that it had lost about $220,000 worth of Ethereum Classic coins – about 40,000 ETC – during the ongoing manipulation of the project’s blockchain network.Blockscout, an Ethereum Classic blockchain explorer, confirmed reorganization attacks between block numbers 7261495 and 7261496. Per their data, a transaction containing 26,000 ETC was first spent during the mining of block number 7261492; the same transaction was again noted on block number 7261497.Almost all the exchanges have discontinued their ETC deposits and withdrawals but none of them – except Gate.io – have reported any losses. The situation leads to a scenario whereby attackers are holding all the stolen ETC with no options to liquidate them for fiat. Ideally, it should lead to a flat price action before the Ethereum Classic team comes up with a solution to entirely repeal the attack.

Dovish Fed Minutes Sees Cryptocurrency Market Lose $11 Billion in 5 Hours

Federal Reserve released the minutes of its December meeting which revealed that they would follow a wait-and-watch approach towards their interest rate hike plans. The US central bank suggested in December moderate rate hikes (up to 2.8 percent) but preferred to implement them only if warranted. The Federal Open Market Committee (FOMC) confirmed that their rates were close to the range of its long-term neutral interest rate – implying a pause in their hikes.The Forex market is now following a remedial course. The EUR/USD corrected lower towards 1.1500 from overbought levels while the GBP/USD also edged down at 1.275 from its morning opening rate. Poor Asian data hampered the Japanese Yen from benefitting from the dovish Fed minutes. The USD/JPY rate this Thursday established fresh weekly lows, now inside 107.80-107.75 area from 109.00-region.

Nasdaq-Powered EU Exchange Reveals Crypto Trading Pairs, Tokenized Stocks

The digital trading platform uses Nasdaq’s Financial Information Exchange (FIX) protocol. As Cointelegraph previously reported, users of the exchange will be able to trade tokenize stocks in various major global companies.The exchange also announced support for various crypto to crypto and crypto to fiat pairs. Namely, the company revealed that Ripple (XRP) will be available to trade against Bitcoin (BTC), Ethereum (ETH), euro, yen, and U.S. dollars while Litecoin (LTC) will be available to trade against BTC, ETH, and USD. Cardano (ADA) trading will also be supported on the exchange against ETH, USD, yen and BTC.In November, news broke that Nasdaq and U.S.-based investment firm VanEck have announced a partnership to jointly launch a series of “transparent, regulated and surveilled” digital asset products.

Wall Street Titan Misses $7 Billion Bitcoin Windfall, Plus Ripple and XRP, Tron, Ethereum, Cardano, IOTA, VeChain: Crypto News Flash

The recent plunge in Apple’s stock price has cost Buffett nearly $4 billion in profit. Long term, however, his $1 billion investment in the tech giant back in 2016 is now worth $1.4 billion — a substantial gain. But, if Buffett had invested in Bitcoin instead, the $1 billion investment would be worth a whopping $8.7 billion.Ethereum developers say they’re close to launching a new algorithm that would stop specialized ASIC mining hardware  from working on the platform.Ripple says it talked about its suite of payment platforms and the digital asset XRP during a live presentation at the company’s headquarters in San Francisco.The report looks at new additions to the Tron DApp ecosystem, including the new Tron-based decentralized exchange TronTrade.IOTA just released its latest technical overview on the structure of the Tangle, the transaction storing and processing mechanism of the platform.


TRON Cryptocurrency (TRX) Plows into the Green as Bitcoin Price Stagnates

After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today.What might be triggering TRON’s current rise, however, is that BitTorrent will sell its token on the Binance Launchpad. The TRON Foundation and founder Justin Sun acquired the BitTorrent platform in June 2018. At the time the acquisition propelled TRX upwards 17%.
The TRON blockchain ecosystem also has plenty going on to inspire investors. It achieved over 1 million user accounts in just over six months. It now has more than 80 dApps, within two months of launching the TRON Virtual Machine and smart contract functionality. And, TRON’s development team grew from two engineers to over 40 in less than year. It’s also just drawing to a close the application stage of its TRON Accelerator program for aspiring dApp projects.

Crypto Markets See Mild Downturn, Bitcoin Holds Near $3,800

Top cryptocurrency Bitcoin (BTC), a day after the tenth anniversary of its genesis block, is down over 2 percent over the 24 hours to press time and is currently trading around $3,798. The coin has failed to break back above the $4,000 price point, despite several bursts of growth over the course of the past week — and has largely traded range bound between $3,800 – $3,900 Positive news has been forthcoming for the asset, with Estonian digital trading platform DX Exchange set to offer fully EU-regulated, tokenized stocks on the Ethereum blockchain next week, using Nasdaq’s Financial Information exchange (FIX) protocol to deliver the product. As reported yesterday, the over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle reported a notional volume of $24 billion for 2018 — giving insight into the state of the liquidity of a sector of the crypto trading space largely used by institutional, rather than retail, investors.