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Crypto Market Sentiment Drops; Only Bitcoin and Ether in Positive Zone
15.6.2020
Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48...
Belarusian Banks to Issue Digital Tokens in Central Bank Pilot
12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot.
The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...
Ripple Gets Ridiculed After XRP/BTC Breaks Below Key Level
11.6.2020
After disappointing long-time holders over the past couple of years, the XRP/BTC trading pair yesterday broke through yet another important support level, leading to Ripple – the company affiliated with XRP – being called out on Twitter by veteran chart analyst Peter Brandt.
While sharing a chart...
East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan
11.6.2020
Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project.
Per Seoul Daily, 10 members of the National People's Congress – the biggest and most powerful...
Maker Soars Higher on Exchange Listing, Successful Community Vote
10.6.2020
The popular decentralized finance (DeFi) project Maker (MKR) is seeing strong gains in the crypto market today, after a community vote showed support for expanding the range of collateral assets on the platform, and crypto exchange Coinbase Pro appears to have changed its mind about the token.
As...
Research Points to ‘Strong Signal’ That Altseason Has Arrived
10.6.2020
A recent increase in trading on exchanges that are more geared towards speculative altcoins may be a sign that it is once again time for altcoins to shine, according to crypto research firm Coin Metrics.
In their recent report, the firm said that exchanges that typically offer trading in coins that...
South Korean Merchants ‘May Accept Digital Yuan from Chinese Tourists’
10.6.2020
Countries with a large influx of Chinese tourists could be among the first outside the Middle Kingdom to accept the forthcoming digital yuan, claims a South Korean report – although it comes with warnings of “Big Brother’s” creeping influence over Chinese finance.
Per South Korean news agency...
South Korea Edges Closer to CBDC Rollout Without Any Comitment
9.6.2020
The Gwangandaegyo or Diamond Bridge in Busan, South Korea. The South Korean central bank has reaffirmed its digital currency plans – but continues to add disclaimers, refusing to commit to launching a digital version of its won fiat currency.
Per newspaper Hankyoreh, the central Bank of Korea (BOK)...
Brave Apologizes, Crypto Scammers Get Smarter + More News
9.6.2020
Source: Twitter, @brave
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.
Privacy news
Blockchain-based decentralized browser Brave (BAT) has issued an apology for the error made...
Ethereum-Based Tether Better Distributed Than Other Stablecoins - Report
9.6.2020
Among the explored stablecoins, Tether (USDT)'s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins' supply.
Since its creation six years ago, the dollar-pegged...
Optional Zcash and Dash Features Prompt Debate on Privacy & Compliance
9.6.2020
Two privacy coins, Zcash (ZEC) and Dash (DASH), are now supported by blockchain and analytics specialist Chainalysis - but it's the addition of the former that caused discussions online about privacy and responsibility.
Chainalysis launched support for Dash and Zcash in their investigation...
Crypto Listing and Delisting Announcements: Week 23
8.6.2020
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...
Crypto Market Sentiment Nears Positive Zone; Four Coins There Already
8.6.2020
Compared to recent drops in market sentiment score (sentscore), as well as the subsequent smaller rise, itself followed by a stronger move upwards a week ago, this week is seeing another jump towards the positive zone. Per crypto market sentiment analysis tool Omenics, the combined moving 7-day...
Most Exchange Tokens Are ‘Undervalued’ - Research
8.6.2020
Given the current trend of increased activity in both the spot and derivatives market for crypto trading, a number of exchange tokens may represent good investment opportunities at current prices, according to token data and rating agency TokenInsight.
In its latest Exchange Token Valuation Report...
TRX Takes the Lead Among Top 25 Coins On Tron 4.0 News
8.6.2020
Following the news that the next version of the Tron network should launch on July 7, the platform's native coin, TRX, has seen the biggest rise in the last 24 hours among the top 25 coins by market capitalization.
Tron's founder Justin Sun announced this Sunday via an open letter to the community...
Proposed Digital Dollar and Digital Yuan Have a Lot in Common – Report
6.6.2020
Chinese media analysts believe that there are a number of key similarities between the Digital Dollar Project and the central People’s Bank of China (PBoC)’s digital yuan – but they say that by the time the American project irons out wrinkles, it may be too late to beat Beijing to the punch.
In...
Russian Companies Upbeat about Metals, Oil & Gas Tokenization Chances
5.6.2020
Russian companies remain optimistic about their plans to tokenize the mining and extraction of oil, gas and other natural resources, including precious metals – despite lingering concerns about legislation and regulatory hurdles.
As previously reported, Russia may be sliding toward a crypto...
Best Top 100 Performer Cardano Joins Bitcoin In the Green Zone
4.6.2020
With the transition to the new Shelley era approaching, cardano (ADA) outperformed all other top 100 coins this week, gaining nearly 60% in the past seven days and joining bitcoin (BTC) as another top 10 coin with positive returns in the past 12 months.
As of press time on Thursday (11:15 UTC),...
Bitcoin and Altcoins Consolidating Losses, Upsides Could Be Capped
3.6.2020
Yesterday, we saw a strong increase in bitcoin price above the USD 9,950 and USD 10,000 resistance levels. BTC even climbed above the USD 10,200 level, but it struggled to continue above USD 10,400. Also yesterday, there was a sharp decline below USD 10,000 and the price tested the USD 9,300...
‘Post-dollar World’ May Be Run by Digital Yuan – Analysts
2.6.2020
International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than...