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Monero Flips Tron, Cardano, Tezos, Breaks Into the Top 10
9.1.2020
Source: iStock/isa_ozdere
After jumping by 27% in a week, Monero (XMR), the most popular privacy coin, has broken into the list of the 10 largest coins.
The 10th largest coin with a market capitalization of more than USD 1 billion has now surpassed networks such as Cardano (ADA), Tron (TRX), Tezos...
Crypto Brokerage Bitcoin Suisse Hopes Banking License Will Boost its IPO Bid
9.1.2020
Swiss crypto financial services provider Bitcoin Suisse is planning to acquire a banking license in 2020 as part of its plans to build momentum for an initial public offering (IPO).
The Zug-based company put in its license application in July last year, and is hoping to be given the regulatory...
Bitcoin’s Safe Haven Status ‘Beta Tested’ Once Again
9.1.2020
Source: iStock/Albert_Karimov
In just one week, marked with increased political tension in the Middle East, bitcoin (BTC) moved following traditional safe haven assets such as gold on two occasions.
Last week, BTC’s move up coincided with the news that Iranian general Qasem Soleimani was killed...
Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit
9.1.2020
Mark Karpeles. Source: a video screenshot, Youtube, CANAL+
The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene.
Greene filed the original complaint against...
Latin American Banks Intensify Closure of Crypto Exchange Accounts
9.1.2020
Source: iStock/Nelson_A_Ishikawa
Crypto exchanges in Latin America are increasingly becoming embroiled in bitter struggles with domestic banks, with many banks moving to block trade with trading platforms.
Bradesco, one of the biggest banks in Brazil, appears to have won its fight against...
Bitcoin and Altcoins Turn South But Key Supports Intact
9.1.2020
Bitcoin price struggled to continue above the USD 8,450 and USD 8,500 resistance levels. As a result, BTC/USD started a downside correction below the USD 8,350 and USD 8,200 support levels. The price even traded below USD 8,000, but it is holding the key USD 7,850 support (09:00 UTC).
Similarly...
These Companies Hope to Shine at Blockchain-focused CES
8.1.2020
Source: Twitter, @CES
The Customer Electronics Show (CES 2020) is already in full swing. And this year’s event, now being held in Las Vegas and winding up on January 10, will have a special significance for the cryptocurrency and blockchain industry – following on from themes first explored at...
How Much Do South Korean Cryptocurrency Exchange Employees Make?
8.1.2020
Barely a day goes by without news coming out of South Korea’s cryptocurrency exchanges. The country has a wide array of trading platforms, mostly based in the affluent Gangnam region of Seoul, housed in plush, shiny new office buildings.
But in this hyper-competitive, super-trendy trade, who pays...
China: Private, State-run Firms Debut Blockchain Platforms + More News
8.1.2020
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.
Blockchain news
Alibaba subsidiary and AliPay operator Ant Financial has announced that its enterprise blockchain platform will...
COSS Exchange Locks Customer Funds During 3-4 Week ‘Maintenance’
8.1.2020
The Singapore-based COSS cryptocurrency exchange has announced that it will deny its 200,000 customers from accessing to around USD 2 million worth of funds for the following three to four weeks while its site undergoes maintenance.
On Tuesday, COSS told users there was no call for “panic,”...
How Many Cryptos Died in 2019?
8.1.2020
Data from various sites show that between 500 and a thousand coins have perished in 2019, and this number could in fact be higher. However, these sites disagree on whether 2019 saw fewer or more coin deaths than the year before.
It's not really possible to say how many dead coins are out there...
Litecoin Rallies, Binance Announces LTC/USDT Perpetual Contract
8.1.2020
Source: iStock/Ja'Crispy
While there is no clear reason why did litecoin (LTC) rally in the past 24 hours, it is now the best performing coin among the top 10 coins by market capitalization.
After lagging behind bitcoin (BTC), LTC has now increased by almost 6% in a day (BTC is up 5%). The coin...
ICO Project That Ditched Blockchain Finalizes its Token Buy Back
8.1.2020
Source: iStock/Viktor_Gladkov
The small blockchain project known for its unusual announcement that it would buy back all of its native tokens and then shut down, is now in the final stages of the process, according to the founder.
Colu DLT, the Gibraltar-based company of the Colu Group,...
Bitcoin Still Uncorrelated with Gold & Stocks; A New Trend Emerging?
8.1.2020
Bitcoin (BTC), the best performing asset of the last decade, ended 2019 on a far better note than both gold and the U.S. S&P 500 stock index, while still remaining uncorrelated to traditional assets, a new report from crypto exchange operator SFOX noted. However, there might be a new trend forming...
Bitcoin and Altcoins Remain in Positive Area Despite Correction
8.1.2020
Bitcoin price remained in a strong uptrend and it was able to climb above the USD 8,000 and USD 8,200 resistance levels. As a result, there was a solid rise towards USD 8,500 resistance before the price started a downside correction. On the downside, there are many supports near USD 8,200 and...
The 'January Effect' Pushes Bitcoin Above USD 8K, While Alts Drop Against BTC
8.1.2020
Source: iStock/da-kuk
After another strong rally on Tuesday, the most popular cryptocurrency, bitcoin (BTC) is back above USD 8,000 again, increasing its gains this year to more than 15%. Meanwhile, all major altcoins are in red against BTC today.
At pixel time (08:49 UTC), BTC trades at c....
Bitcoin ETF May Be Approved in 2021 and Will Bring a Host of Benefits
7.1.2020
Source: iStock/dima_sidelnikov
American regulators are unlikely to green-light Bitcoin ETFs (Exchange-traded Funds) this year, but a China-based expert says that once approved, crypto ETFs will usher in a multitude of benefits to the industry.
Matthew Graham, CEO of the China-based advisory...
Biometric Cards and Fund Savers: The Marvelous World of Crypto Wallets
7.1.2020
The world of cryto, and funds in general, is a dangerous place as it's intriguing to many types of bad players, all of which are targeting our coins, just waiting for an opportunity to put their fingers into our wallets. That's why the wallet creators are in a constant race of who can offer...
Upbit to Resume Altcoin Deposits and Withdrawals + More News
7.1.2020
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
South Korean market-leading exchange Upbit will resume deposits/withdrawals following what many have assumed was...
Abu Dhabi, Financial Giants Bet on Blockchain to Help ETF Ecosystem
7.1.2020
New York-headquartered international investment giant WisdomTree Investments together with Abu Dhabi Investment Office (ADIO) and other investors invested in Securrency, as they aim to integrate blockchain technology into the exchange-traded fund (ETF) ecosystem.
Securrency,...