Blockchain News Crypto Cryptocurrency News and Breaking Crypto Updates 24/7 FinTech News github women in blockchain 

Only 5% of Coders Are Women

By CCN Markets: Less than 5% of crypto developers are women, according to an informal analysis of the 100 most popular blockchain projects submitted to GitHub, Microsoft‘s code-sharing site. The results are not scientific considering it assumed a coder’s gender based solely on their user name. Moreover, there was no verification of whether the user was actually male or female. However, the results are not surprising considering the tech industry has historically been male-dominated. Analyst: 95% of Crypto Developers Are Men Journalist Corin Faife posted his analysis on Medium. Faife…

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Altcoin News Blockchain News Crypto Ethereum google Helium multicoin capital 

‘Most Ambitious’ Blockchain Startup Since Ethereum Raises $15 Million

By CCN Markets: A blockchain project called Helium has raised $15 million in a round led by enthusiastic technology investors like Multicoin Capital and Google (via venture fund GV). Multicoin wrote a passionate blog post, praising the project as one of the most ambitious crypto ventures since Ethereum itself. Helium reportedly will bring reduced costs to deploying wireless networks, as Multicoin partner Tushar Jain explains:  “The Helium vision is the most ambitious we have seen in the blockchain space since the advent of smart contracts on Ethereum: Helium represents a…

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Binance bitcoin Bitcoin Trading BitMEX Crypto 

Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet

By CCN Markets: A Chinese Bitcoin trader has allegedly committed suicide after he lost investor’s money in a highly leveraged trade position. According to 8btc, Hui Yi lost 2,000 Bitcoins after he entered a short position which was liquidated after it went in the opposite direction. The trader, who was the co-founder and CEO of cryptocurrency market analysis platform BTE.TOP, died on June 5. At current prices, Yi lost nearly $16 million in one position. Yi had leveraged his position by 100 times and thereby magnifying his losses. Yi’s death…

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Australia bitcoin Bitcoin Scams Crypto Hugh Jackman 

Bitcoin Scam Uses X-Men’s Hugh Jackman to ‘Turn You Into a Millionaire’

By CCN Markets: In their most current mutant form, the Bitcoin Evolution/Bitcoin Revolution scams are using X-Men star Hugh Jackman as bait. According to the fraudsters, the Australian actor who is best known for his role as Wolverine in the X-Men franchise has stumbled upon a ‘wealth loophole’ which can make anyone a millionaire within four months. Micky initially reported the scam which is being pitched mostly to Australians by promising returns of over 10,000 percent. Bitcoin scam landing page One of the bitcoin scam’s landing pages adopts the layout,…

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Crypto G20 regulation 

G20 Ministers Discuss Crypto Benefits, Commit to Risk-focused Vigilance

By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late June. There were no surprises for the crypto-currency markets in the Communique sent out by Japan’s Minister of Finance on Sunday. The 14-point document reflects the outcomes of the weekend discussions between Finance Ministers and central bankers. The finance leaders put their support behind crypto-assets while remaining vigilant in monitoring the risks they pose. They…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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bitcoin Bitcoin Analysis Bitcoin Price News Crypto 

Bitcoin Price Sinks to $7,500 as Analyst Predicts Further 30% Plunge

By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U.S. dollar in a minor pullback in the crypto market. The bitcoin price has dropped by around five percent in the past 24 hours (source: coinmarketcap.com) Within the last seven days, the bitcoin price has fallen by over ten percent, which has led technical analysts in the crypto market to ponder about the possibility of an extended pullback despite the market’s positive macro landscape. 30%…

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bitcoin Bitcoin Analysis Crypto Opinion Willy Woo 

Bitcoin Price Could Hit $25,000 Before 2020, Says Bullish Crypto Analyst

By CCN Markets: The bitcoin price could break above its all-time high by year-end 2019, according to Oliver Isaacs. The millionaire cryptocurrency analyst and trader told The Independent that more investors are viewing bitcoin as a safe-haven asset in the wake of growing macroeconomic tensions. Isaacs referred to the ongoing trade conflicts between the U.S. and China that last month sent the global equity market on a downward trend. The negative sentiment prompted investors to hedge in cryptocurrencies. He stated: “I believe bitcoin has the potential to hit $25,000 by…

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bitcoin Bitcoin Analysis Bitcoin Price News Crypto 

Bullish Bitcoin Price on Course for Further Gains after 110% YTD Spike

By CCN Markets: Since achieving a new 2019 high at above $9,000 at most major crypto exchanges, the bitcoin price has dropped to around $7,900 by more than 12 percent against the U.S. dollar. After a 12 percent pullback, the bitcoin price is still up nearly $2,000 in the past 30 days (source: coinmarketcap.com) While many technical analysts have warned against the strong possibility of a pullback occurring in the near-term, which remains probable considering the 110 percent year-to-date gain of the dominant crypto asset, one trader says bitcoin is…

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Altcoin Price Analysis Binance Bitcoin Exchange Crypto IEO Op-ed 

With the Rise of IEOs, Investing in Altcoins Can Be Brilliant

By CCN: It’s unpopular to say this in some sectors, but it can be brilliant to invest in altcoins. If you’d bought up a ton of Binance Coin when it was first offered, for example, you’d have made your investment back plus many hundreds of percent by now. This can be the same for upcoming IEOs as it was during the ICO boom. Functionally, the only difference is the backing of the exchanges themselves, which implicates them as much as it credits them. IEOs are gaining popularity among investors. |…

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