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Crypto Banking Race to To Bring Cheaper Services - Analysis
3.1.2020
As the competition among crypto companies is changing, it’s making financial services more accessible and cheaper, says popular crypto researcher known as Hasu in the latest analysis.
While coming from different directions, all crypto companies share the same goal of eventually becoming crypto...
Chinese Province Launches Blockchain-powered SMB Financing + More News
3.1.2020
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
China’s Guangdong Province has launched a blockchain-powered finance platform for small and medium-sized businesses...
Proof of Bitcoin's Birthday: The Power of an Individual Action in Crypto
3.1.2020
It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that's what we see in the Cryptoworld. What’s more, this approach seems...
Tezos is The Worst Performer in The Top 50 Today
3.1.2020
Tezos (XTZ), one of the best performing digital assets in 2019, is moving out and back into the list of the top 10 coins by market capitalization today after less than a month in this club.
At pixel time (12:57 PM UTC), XTZ trades at c. USD 1.28 and is the worst performing digital asset among...
'Bitcoin Fixes This': Société Générale Closes Accounts of Its Critic
3.1.2020
Julie Goislard. Source: a video screenshot, Le Parisien
In yet another example of perils that can await customers of traditional banks, and an argument in favor of decentralized cryptocurrencies, French banking giant Société Générale has reportedly decided to close the accounts of Julie Goislard...
Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice
3.1.2020
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds.
According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...
Bitcoin as Safe Haven Narrative is Tested Again After U.S. Strike in Iran
3.1.2020
The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News
The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran.
Iranian Major-General Qassem Soleimani, head...
South Korean Telecoms Giant SK to Unveil Ripple-based Charity Tool
3.1.2020
South Korean telecoms giant SK is set to debut a new blockchain-powered donations platform it has developed using Ripple technology. The company has been working on the platform since summer last year – and has now opened it for SK Group employees.
The platform is named ChainZ, and uses the Ripple...
Bitcoin and Altcoins Staging Strong Comeback After Tagging Support
3.1.2020
This week, bitcoin price extended its decline below the USD 7,250 support level. BTC/USD even traded below the USD 7,050 and USD 7,000 support levels. Finally, the price traded close to the USD 6,850 support level and recently started a fresh increase.
Similarly, most major altcoins tested...
Binance Aims to Support 180 Fiat Currencies in 2020
2.1.2020
Source: Instagram, Binance
In an attempt to "bring crypto to the masses," major cryptocurrency exchange Binance aims to enable fiat-to-crypto trading for "180+ fiat currencies," Changpeng Zhao, CEO of the company, said speaking of their goals for 2020.
Binance.com has added support for 19 fiat...
This Crypto Question Stumped TV Quiz Show Contestants + More News
2.1.2020
The Argentinian edition of TV game show Who Wants to Be a Millionaire. Source: a video screenshot, Youtube, Telefe
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...
US Crypto Lender BlockFi to Launch Bitcoin Rewards Credit Card
2.1.2020
Is South Korea’s Central Bank Set to Make a Digital Fiat U-turn?
2.1.2020
South Korean media commentators are asking if the central Bank of Korea (BOK) has made a policy reverse on its stance towards central bank digital currency (CBDC) issuance.
Sisa Journal reports that the BOK appears to have changed its tune on CBDCs of late.
Last month, the BOK stated that it...
Coin Race: Top 10 Winners & Losers of December, Q4, and 2019
2.1.2020
2019 was most certainly an interesting year for crypto, with both bulls and bears coming and going quite often. We’ve seen the prices rally, including Bitcoin (BTC) making a historical jump, and we’ve seen those same prices fall quickly, leaving the market bloody. That said, much of the year behind...
Ethereum’s Muir Glacier Upgrade is Live; ETH Rises Almost 4% in a Week
2.1.2020
Though only recently announced, Ethereum's (ETH) latest upgrade has been announced as a success, while the price of ETH is showing a rise in the last week.
At the time of writing (11:15 UTC), ETH is trading at c. USD 130. It dropped 0.73% in the last 24 hours, but the price appreciated 3.6% in...
Is Coinbase on the Verge of Opening a Japanese Exchange?
2.1.2020
Major U.S.-based cryptocurrency exchange Coinbase could be set to ramp up its presence in Japan, one the world’s of the most vibrant centers of cryptocurrency activity.
Per recent job postings on the exchange’s website, Coinbase is looking to recruit an office manager with accountancy, HR...
Bitcoin and Altcoins Signaling Another Decrease in Short Term
2.1.2020
This week, bitcoin price faced an increase in selling pressure below USD 7,350. As a result, BTC/USD settled below the USD 7,250 support and recently tested the USD 7,120 support. The current market sentiment suggests high chances of more downsides below USD 7,100 in the short term before...
P2P Bitcoin Trading: Bisq & Paxful Grow, LocalBitcoins Slips
1.1.2020
In Spring 2019, we witnessed the end of the so-called “crypto winter” when the price of bitcoin rallied past the USD 5,000 mark in the first days of April to peak at over USD 13,000 in June. While the altcoin market is still struggling to recover, bitcoin (BTC) managed to put itself back on the...
Central Bank Digital Currencies: 4 Questions and Answers
1.1.2020
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department. Tommaso Mancini-Griffoli is a Deputy Division Chief in the same Department.
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Central Bank Digital Currencies (CBDC) is a complex and multidisciplinary topic...
Cryptonews Rewind 2019: Q4 - China, War of Money, IPOs & Arrests
31.12.2019
Here is what happened in the Cryptoworld in the last quarter of this year and this decade:
Total crypto market capitalization in Q4
October
We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are...