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Crypto Market Sentiment Improved For The Third Week in A Row


The market sentiment is on the rise. While the week starting with March 16, which followed the market plunge, saw a six-month low of 4.21, we're now seeing the market sentiment go up for the third week. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins,...

Poloniex to Enter IEO Club With Tron-based JUST + More News


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 Poloniex has announced the creation of a new token-launching platform, dubbed LaunchBase. According to...

It's Happening: S Korean Central Bank Unveils Plans to Pilot a CDBC


Source: Adobe/Photo-maxx The South Korean central bank, the Bank of Korea (BOK) is “one step closer” to launching a pilot for a central bank digital currency (CBDC) and could start piloting a token as early as December this year – in line with central banks in other regions, which are also thought...

The World Might See CBDCs Sooner Than Expected


The “central bank of central banks” and multiple analysts think that the fear of the coronavirus transmission via cash and banking cards may shorten the road to central bank digital currencies (CBDCs). People are afraid of using cash, says the Bank for International Settlements (BIS) in their...

Ripple Co-Founder Says He Recovered from COVID-19 + More News


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. Ripple & XRP news Nik Bougalis, a Ripple engineer responsible for XRP's server software, said in a GitHub submission that...

Maker Foundation To Start Its Dissolution in Two Years


The Maker Foundation will start transferring the governance power and risk management capacity to the community in the next few years. As the first step, it will release an initial draft of the new governance paradigm for the community to vote on. Following the delivery of multi-collateral...

Prosecutors Charge Two Men over Coincheck Hack, But Not For Hacking


Tokyo prosecutors have formally charged two men with handling stolen cryptoassets as part of the investigation into the January 2018 hack on crypto exchange Coincheck – still the biggest crypto heist in human history. Per media outlet Nikkei, the two men, an Osaka-based 39-year-old and a doctor...

Will New P2P Legislation Hurt South Korean DeFi Industry?


South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market. Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...

Coin Race: Top Winners & Losers of March and 1st Quarter of 2020


Though the month of March, the last of the year's first quarter, started promising, it witnessed a major plunge of the market. The number one coin by market capitalization, bitcoin (BTC), took a swift dive to the USD 4,000 level and despite it recovered around 50% of its losses it dropped for...

Litecoin Under Pressure Again as "Death Cross" Appears in Chart


Source: iStock/Albert_Karimov Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12. As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over...

Crypto Listing and Delisting Announcements: Week 13


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...

Mine Crypto Using Brain Waves? Microsoft Thinks You Can


Microsoft, via its subsidiary Microsoft Technology Licensing (MTL), has made a bold crypto move by securing a patent for a mining system that uses human body activity as proof-of-work in the creation of crypto tokens. The patent was granted by the World Intellectual Property Organization (WIPO)...

Crypto Market Sentiment Improves for the Second Week in a Row


Source: iStock/da-kuk The market sentiment has seen an improvement for the second week in a row. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, is up this week to 4.73, compared to last week's 4.33/10, shows crypto market sentiment analysis service...

XRP Lags Behind Market Despite Strong Weekly Gains


XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is among just a handful of digital assets that are trading in the red or are unchanged over the past 24 hours, with the broader crypto market recording strong gains during early Monday trading. Heavy selling Sunday night added...

Cardano Price Fails to Respond as New Scaling Solution Reintroduced


Source: Adobe/Skórzewiak The price of cardano (ADA) remained largely unchanged along with the broader crypto market on Thursday morning (UTC time), despite the unveiling of a new scaling solution that is to be implemented on the Cardano blockchain. Earlier today (10:30 UTC), ADA traded up by a mere...

China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US


The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle...

Monero, Zcash, Dash Outperform Bitcoin Year-to-Date


As privacy becomes a new battlefield in the fight against the coronavirus, and new centralized digital fiat initiatives are starting to appear, how have the most popular privacy coins performed after the March 12-13 market crash? Among the privacy coins that have seen optimistic trading in recent...

S Korean Province to Fight COVID-19 Recession with Stablecoin Handout


Suwon, the capital of Gyeonggi Province. South Korea was one of the first nations after China to be hit with a major coronavirus outbreak. But as the health crisis slowly abates in the East Asian nation, government authorities are now looking at ways to deal with COVID-19’s economic fallout. But...

Telegram Loses Latest Round With the SEC; Kik Begins the Next Round


Instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) have just finished another round in their court fight, with the judge declaring the SEC the winner. Meanwhile, Kik continued its battle against the SEC, denying the accusations the regulator raised against...

Another US Digital Dollar and Wallet Proposed as Stimulus During Pandemic


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"...

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