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Bitcoin and Altcoins Primed For More Upsides
25.3.2020
In the past few sessions, there were mostly positive moves in bitcoin price above the USD 6,200 pivot level. BTC/USD was able to surge above the USD 6,500 resistance and it even tested the USD 6,850 area. The price is now (08:30 UTC) consolidating above USD 6,500 and preparing for more...
Bitfinex, Bybit Launch New Products, CoinDCX Raises USD 3m + More News
24.3.2020
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.
Exchanges news
Bitfinex has launched a proprietary surveillance tool, dubbed Shimmer, in order to combat market abuse and help...
Upbit, Bithumb, Korbit, Coinone Hand Data to Telegram Nth Room Investigators
24.3.2020
Police investigating the so-called Telegram “Nth Room” pedophile ring have served search warrants to most of South Korea’s leading crypto exchanges – including the “big four” of Upbit, Bithumb, Korbit and Coinone – as they attempt to track down people who paid to watch video footage featuring...
Stress-tested Crypto Companies Focus on New Products and Growth
24.3.2020
It seems that the notorious market crash on March 12-13 has affected every crypto company. But how?
A few industry players shared their own experiences and plans.
"The market crash is definitely an important stress-test for both Ethereum and the decentralized financial products launched...
UN Praises Ant Financial’s Blockchain Support During COVID-19 Outbreak
24.3.2020
Ant Financial, the operator of mobile payment platform Alipay and an Alibaba affiliate, is one of a handful of fintech companies to have been included on a UN list of companies helping economies cope with the financial fallout of the coronavirus pandemic.
The Chinese company was the only...
ZenGo Warns of Dapp and Wallet Security Issue; Offers Solution
24.3.2020
Keyless crypto wallet maker ZenGo has raised the crypto community to its feet, warning about a security issue that can suck all funds out of users' accounts. The flaw has seemingly been well-known in the decentralized finance (DeFi) developer community, but it was not disclosed to users. ZenGo...
USD 722m BitClub Ponzi Suspects Ask for Release amid Coronavirus Fears
24.3.2020
Two men accused of setting up the BitClub Network, a cryptocurrency mining Ponzi scheme that allegedly duped thousands of investors out of USD 722 million, have petitioned a New Jersey federal judge to release them from a county jail – as they fear they could contract the coronavirus if they...
Is Bitcoin Becoming an Alternative For Wall Street Investors?
24.3.2020
Following the last few weeks carnage in the financial markets, bitcoin (BTC) may be starting to look like a viable alternative for some of the capital that is leaving Wall Street.
A “decoupling” of bitcoin prices from the broader financial system is something many community members have called...
Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes
24.3.2020
Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes.
Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week...
Another US Digital Dollar and Wallet Proposed as Stimulus During Pandemic
24.3.2020
In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, House Democrats have put a draft stimulus on the table - and it includes the creation of a "digital dollar" and a "digital dollar wallet"...
Bitcoin and Altcoins Gaining Bullish Momentum
24.3.2020
After testing the USD 6,000 support area, bitcoin price started a fresh increase. BTC/USD gained bullish momentum and surged above the USD 6,400 and USD 6,500 resistance levels. The current (08:30 UTC) price action is positive and it could continue to rise towards the USD 6,800 and USD 7,000...
Crypto Listing and Delisting Announcements: Week 12
23.3.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency 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...
Japan’s Favorite Tipple Sake to Get Blockchain Makeover + More News
23.3.2020
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
EY Japan, one of the country’s “big four” accountancy firms, says it will debut a blockchain-powered traceability...
Crypto Market Sentiment Shows Gradual Improvement
23.3.2020
It has been 10 days since the market went for a dive, and the market sentiment situation has improved ever so slightly. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins by market capitalization, went up from last Monday's score of 4.21 to today's 4.33/10...
Major Securities Firm Gives Its Shareholders Bitcoin Benefits
23.3.2020
Japan’s Monex Group has become the latest financial company to offer its shareholders cryptocurrency benefits – and will become the first major securities firm to give out end-of-year bitcoin (BTC) benefits.
Per an official announcement, Monex – one of the country’s biggest securities companies...
Bitcoin Reverses Losses After Fed Makes Unprecedented Move
23.3.2020
Bitcoin (BTC), major altcoins reversed losses today after the U.S. Federal Reserve announced unprecedented measures to support the economy.
At pixel time (12:54 PM UTC), BTC, trades at c. USD 6,207, jumping around 5% in less than an hour. The price is up 2% in a day and 29% in a week. U.S. equity...
BitMEX Says Its BTC 35K Isurance Fund Fulfilled Its Role During Market Crash
23.3.2020
Major crypto derivatives exchange BitMEX says that their Insurance Fund did exactly what it was supposed to during the market crash.
In their latest blog post, the exchange addressed questions from the traders related to the Insurance Fund, its role during the March 12 and 13 market turbulence,...
Tezos Settles Legal Dispute, But It’s Not The End
23.3.2020
After a lengthy battle in the California court system, the Tezos Foundation has announced that it has settled a lawsuit outside of court, thus avoiding any legal scrutiny of the Tezos (XTZ) 2017 initial coin offering (ICO). However, while the parties have agreed on the settlement, it’s still up...
Hive Blockchain Launched, HIVE Coin Listed - Is Steem-Sun Battle Over?
23.3.2020
The Hive blockchain, a hard fork of the Steem (STEEM) blockchain, has officially launched last Friday, as the new home for the Steem community, while the new coin has been listed by two exchanges so far. However, it's yet to be seen if this will put a full stop on the Steem - Justin Sun battle.
As...
Bitcoin and Altcoins Recovery Unwinds As Bears Return To Action
23.3.2020
This week started with a fresh decrease in bitcoin after it failed to retain strength above USD 6,400 and USD 6,500. BTC/USD is currently (08:30 UTC) down close to 7% and it is now trading well below USD 6,000. It seems like the price is likely to continue lower towards the USD 5,650 and USD 5,550...