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Binance Eyes Japanese Market with Yahoo Japan, TaoTao Partnership
17.1.2020
Source: Instagram, Binance
Binance has revealed that it is “preparing to launch trading services for users in Japan” – and is currently in advanced talks with the operator of Yahoo Japan, which runs a licensed cryptocurrency exchange in the country.
In an official post, Binance stated that it...
Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum
17.1.2020
After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish...
New Institutionals Poured Hundreds of Millions in Crypto Last Year
17.1.2020
New institutional investors flocking into Bitcoin helped major digital asset manager Grayscale Investments to raise over USD 600 million in 2019, or more than in 2013-2018 combined.
Cumulative investment across the Grayscale family of products surpassed USD 1 billion for the first time,...
Polish Competition Watchdog Calls DasCoin a Ponzi Scheme
16.1.2020
Poland’s competition regulator the UOKiK has warned the public about against the alleged scamcoin DasCoin. The watchdog also orders the token’s operator to cease its “illegal activities.”
The token was exposed as a scam in May last year, following on from a probe into the DasCoin creators...
Gemini Launches Captive Insurance Company + More News
16.1.2020
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
Gemini Trust Company, a cryptocurrency exchange and custodian, said it launched Nakamoto, Ltd., a captive insurance...
Novogratz Wondered About the 'Mysterious' Altcoin Rally
16.1.2020
Mike Novogratz. The prominent Bitcoin bull Mike Novogratz admitted to his followers on Twitter that he struggles to understand the recent altcoin rally.
“I’m not sure I understand the altcoin rally. Happy for those making money on it. But not sure what changed. Maybe new year, new money,...
Liquid Cancells Pre-Sale of Non-Existent Telegram’s Token
16.1.2020
Telegram’s much-anticipated Gram token pre-sale has been canceled and all funds have been returned to investors, said Japan-based crypto exchange Liquid.
Elaborating on the reasons behind the cancellation, Liquid explained:
“At the time of the Gram Token Sale on Liquid, it was anticipated that...
Ripple Plays 'USD 500bn XRP Market' Card in Court
16.1.2020
Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company's fate, as well as that of the "half a trillion XRP market", is in her hands.
The judge now needs...
Corrupt OTC Brokers Sent Dirty USD 1.5bn in Bitcoin to Binance and Huobi - Report
16.1.2020
Criminals made some USD 2.8 billion worth of illegal transactions using bitcoin (BTC) on cryptocurrency exchanges last year, alleges a new report – with Binance and Huobi overwhelmingly their platforms of choice thanks to corrupt OTC brokers.
The report was compiled by blockchain analytics provider...
Bitcoin and Altcoins Could Correct In Short Term
16.1.2020
Recently, bitcoin price made another attempt to clear the USD 8,850 resistance area. However, BTC/USD failed to continue higher and started a short term downside correction. On the downside, the USD 8,550 support area might play a major role in the coming sessions.
On other hand, there were...
Anxious S Korean Crypto Exchanges Prepare for Crunch Talks with Banks
16.1.2020
Source: iStock/ma-no
Nervous South Korean cryptocurrency exchanges are preparing to renew their banking deals with domestic banks – with media reports claiming exchanges are feeling “pessimistic.”
Per Newsway, the country’s “big four” exchanges, the market-leading Bithumb, Upbit, Coinone...
Bitcoin: It’s Time To Seize the Opportunity
15.1.2020
Jason Guthrie is the Head of Capital Markets in Europe at the international investment giant WisdomTree.
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The current economic climate is a concern for investors. Trade-restructuring, high levels of liquidity, systemically-low inflation, inverted yield curves, negative-yielding bonds...
Terra Reaches '1 Million User Accounts' + More News
15.1.2020
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.
Adoption news
Terra, the blockchain payment network powering the mobile payment app CHAI, said it has hit a milestone with...
Dash Up 70% in Two Days – What’s Driving the Rally?
15.1.2020
As nearly all coins in the crypto market surge, the privacy-focused cryptocurrency dash (DASH) stands out as one of the biggest winners, recording a gain of about 70% over the past two days alone.
In fact, large gains in the price of dash started to occur already in early January when the price...
This is 'The Strongest Validation' of the Bitcoin Safe Haven Theory
15.1.2020
The bitcoin (BTC) safe haven narrative perhaps got its strongest confirmation in the wake of the U.S. missile strike in Iran, and it showed growth as a legitimate asset class, finds crypto market analysis firm Coin Metrics.
The BTC as a safe haven narrative is a tale as old as bitcoin, and numerous...
Kraken Takes Over Australian Brokerage Bit Trade
15.1.2020
U.S.-based crypto exchange Kraken has finalized its takeover of Australia’s Bit Trade which brands itself as the country’s longest-running cryptocurrency financial services company.
Bit Trade says it operates a blockchain asset investment and portfolio management platform, enabling customers with...
Only These Exchanges Matter for Bitcoin’s Price Discovery - Research
15.1.2020
Source: iStock/hocus-focus
Only about 10 global cryptocurrency exchanges have any real impact on the price discovery in the bitcoin market, a new research study from crypto analytics firm Digital Asset Research suggests.
The study said that price moves that originate in one of these 10 exchanges...
UN Tells the Crypto World Not to Travel to N Korea Conference - Report
15.1.2020
The UN will reportedly issue a warning to cryptocurrency developers and experts planning to attend a cryptocurrency conference in North Korea in February – stating that attendees could risk violating sanctions.
Per Reuters, which says it has seen “a confidential report due to be submitted to the...
Bitcoin SV Rally Cools Off as Craig Wright Opens 'Pandora's Box'
15.1.2020
Craig Wright. Source: a video screenshot, Coingeek
While Craig Wright news prompted bitcoin SV (BSV) rally is still based on speculations, rather than clear answers, the price of now the 4th largest coin has already dropped from its heights reached earlier today.
At pixel time (11:15 UTC),...
Bitcoin and Altcoins Bulls Remain In the Driver's Seat
15.1.2020
Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above...