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Bitcoin And Altcoins Stay Below Key Hurdles
14.4.2020
After tagging the USD 6,550 support area, bitcoin price started an upside correction. BTC/USD is up more than 3% and it is now trading above USD 6,750. However, the price is still below many key hurdles near USD 6,850, USD 7,000 and USD 7,200.
Similarly, most major altcoins are currently (08:30...
'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair
14.4.2020
Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...
Crypto Listing and Delisting Announcements: Week 15
13.4.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Gov’t Policy Behind Venezuelan Bitcoin Exchange's SMS Gateway Service
13.4.2020
One of Venezuela’s leading crypto exchanges says that government policy led it to develop a text message-powered payment system that will allow it to conduct transactions in a range of cryptoassets, including the nation’s own state-issued, oil-backed petro (PTR) token.
The Criptolago platform...
Bitcoin Options on Binance, Litecoin's Horror Adventure, Ripple in Thailand + More News
13.4.2020
A fragment of the \"We Summon the Darkness\" poster. Source: a screenshot, common-enemy.com
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance has launched...
Weekly Crypto Market Sentiment Gains Trimmed By Correction on Monday
13.4.2020
Source: iStock/da-kuk
The market sentiment, in its forth week of growth, finally broke the 5 sentscore barrier, but these gains were trimmed on Monday. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, was below 5 for weeks, and the last time we've seen...
Bitcoin Forecast From Prison: Prepare to Buy, Crash Incoming
13.4.2020
This image is said to be hand-drawn by Ross Ulbricht in prison: \"I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole. Then I drew this picture of me in my cell.\" Source: a screenshot, Instagram/freerossulbricht
Before Bitcoin (BTC)...
'Serial Killer' Bitcoin to Explode This Year - Pantera’s Morehead
13.4.2020
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Bitcoin (BTC) is a “serial killer” correlated with traditional risk assets only “when the world freaks out,” and the crypto markets are about to “explode higher,” according to one of the most prominent investors in...
Prosecutors Want to Open 15 Nth Room Crypto Wallets But Have No Keys
13.4.2020
South Korean police have seized 15 crypto wallets they believe belong to Telegram Nth room chief suspect Cho Joo-bin, who has today been formally charged with 14 capital offenses by prosecutors in Seoul.
However, although the police’s extensive and ongoing investigation – which has seen officers...
An EU Committee Calls for Crypto Rules w/ International Standards
13.4.2020
A committee of the European Parliament calls for the end of crypto-related regulatory arbitrage - a way to use loopholes in regulatory systems to avoid unfavorable regulations - proposing that crypto regulation should be made at the international level.
Though various countries have tackled...
Bitcoin Below USD 7,000 Again, Altcoins Struggling to Recover
13.4.2020
In the past 3-4 days, there was an increase in selling pressure on bitcoin after it broke the USD 7,200 support area. BTC/USD traded below the USD 6,850 support and it could continue to move down towards the USD 6,550 and USD 6,200 support levels in the near term.
Similarly, almost all major...
Has Zimbabwe Made U-turn on Bitcoin? Cryptopreneurs Still Skeptical
12.4.2020
Despite the Reserve Bank of Zimbabwe (RBZ) said that it will create a regulatory sandbox for crypto entrepreneurs, local industry players warned not to get too excited and urged to wait for results.
In March, the bank announced that it has started drafting a policy framework.
“The framework...
IMF Deputy Managing Director Tao Zhang on CBDC Benefits and Risks
12.4.2020
Below is a keynote address on central bank digital currency by Tao Zhang, Deputy Managing Director at the International Monetary Fund. London School of Economics, February 28, 2020.
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Tao Zhang. It’s a real pleasure for me to be here for this conference on China’s Trade and Financial...
Zero Interest Rates Not The Only Driver For Stablecoin Demand
11.4.2020
The coronavirus has brought zero USD interest rates. And with zero or potentially even negative interest rates, it might also bring greater demand for stablecoins and for cryptocurrencies more generally.
Why? Because now there's no opportunity cost when it comes to holding USD-backed stablecoins...
First Halvings, New Steps and 20 Crypto Jokes
11.4.2020
The week behind us had many news and quite a few firsts for us. ETH saw a wave of buying, leaving BTC in the dust, while BTC's mining difficulty was set to increase - which indeed it did, and BCH had its first halving, with miners seen changing camps ahead of it. Meanwhile, BSV rallied ahead of...
Venezuela’s Response to the COVID-19 Pandemic? More Petro!
10.4.2020
Venezuela’s economic situation – already perilous before the coronavirus pandemic – is now worsening due to the spread of the deadly disease. And with the fiat bolivar struggling, Caracas once again appears to be turning to its own, oil-backed token, the petro (PTR), in the search for economic...
Blockchain Patents, COVID-19 Crypto Scams, Shelved Coin + More News
10.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
A total of 35 global multinationals have applied for a combined 212 blockchain patents in China, including...
Mining Monero on HTC Exodus 1s is Coming in 3 Months
10.4.2020
HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone.
HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices...
Cryptoverse Speculates On Alleged Reddit Plans With Ethereum
10.4.2020
Speculations that an Ethereum (ETH) blockchain-based asset may be coming to major discussion website Reddit and that it is working on adding a points system based on this blockchain have recently become a new talk of the Cryptoverse.
The story starts on Wednesday morning with redditor MagoCrypto...
Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates
10.4.2020
The number of Bitcoin (BTC) whales with at least BTC 1,000 (USD 6.9 million) in their wallets has reached its highest point in more than 2 years, or almost 1,850 entities, according to a new research.
Also, the number of whales active in the market during an “accumulation phase” has not been this...