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Bitcoin and Altcoins Gaining Bullish Momentum
24.3.2020
After testing the USD 6,000 support area, bitcoin price started a fresh increase. BTC/USD gained bullish momentum and surged above the USD 6,400 and USD 6,500 resistance levels. The current (08:30 UTC) price action is positive and it could continue to rise towards the USD 6,800 and USD 7,000...
Crypto Listing and Delisting Announcements: Week 12
23.3.2020
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 Shows Gradual Improvement
23.3.2020
It has been 10 days since the market went for a dive, and the market sentiment situation has improved ever so slightly. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins by market capitalization, went up from last Monday's score of 4.21 to today's 4.33/10...
Tezos Settles Legal Dispute, But It’s Not The End
23.3.2020
After a lengthy battle in the California court system, the Tezos Foundation has announced that it has settled a lawsuit outside of court, thus avoiding any legal scrutiny of the Tezos (XTZ) 2017 initial coin offering (ICO). However, while the parties have agreed on the settlement, it’s still up...
Hive Blockchain Launched, HIVE Coin Listed - Is Steem-Sun Battle Over?
23.3.2020
The Hive blockchain, a hard fork of the Steem (STEEM) blockchain, has officially launched last Friday, as the new home for the Steem community, while the new coin has been listed by two exchanges so far. However, it's yet to be seen if this will put a full stop on the Steem - Justin Sun battle.
As...
MakerDAO Raises USD 2m in MKR Debt Auction + More News
20.3.2020
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.
Stablecoin news
USD 2 million in DAI has been raised in the MakerDAO MKR debt auction. The debt auction was launched with a goal...
This Crypto Firm Turns its Hand to Mask Manufacture to Fight Virus
20.3.2020
A South Korean crypto outfit has come up with an entrepreneurial response to the coronavirus pandemic – by setting up a face mask factory and offering customers discounts if they buy using the company’s native token.
Per media outlet ZDNet Korea, Pandagram, which operates a crypto pay platform...
Justin Sun vs. Steem Community Case Just Got Even More Complicated
20.3.2020
In an expected counter-move to the Steem (STEEM) community's move, which itself was a move to counter a move, Justin Sun and the Tron Foundation have allegedly decided to censor all posts on the platform related to the community's soon-to-be launched new home, Hive.
This has been a complicated...
Steem Doubled in Price After Justin Sun Controversy
19.3.2020
Steem (STEEM), the social media-like blockchain platform launched in 2016, has seen a massive surge over the past two days, after it decided to evade a hostile takeover by Justin Sun and the Tron Foundation by moving the entire platform over to a new blockchain called Hive. The new blockchain...
South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks
19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor.
Although many industry players have been galvanized by it, others have warned that its stipulations – which...
Ethereum and XRP Test Supports
18.3.2020
The broader crypto market once again saw some selling on Wednesday, although the pace of the sell-off has certainly slowed and the market appears to be searching for firm support. For major coins like ethereum (ETH) and Ripple’s XRP, that means looking for chart levels from as far back...
Steem Moving to Hive to Evade Justin Sun's Control
18.3.2020
Source: @SolitudeAU, Twitter
The Steem (STEEM) community has decided to end the battle with Justin Sun and the Tron Foundation, but in a way that no one saw coming. In order to escape Sun's grasp, the leaders of this Medium alternative are packing their bags and moving Steem altogether.
The Steem...
Maker Accepts USDC as a Collateral, Becomes 'Less Trustless' + More News
17.3.2020
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.
DeFi news
As a result of an Executive Vote held today, MKR holders have accepted USD Coin (USDC) as a new collateral asset in...
Crypto Listing and Delisting Announcements: Week 11
16.3.2020
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...
Demand for 'Internet Dollars' to Increase - Circle CEO; Not All Celebrate
16.3.2020
While the current Covid-19 pandemic is already hurting the global economy, it's actually beneficial for stablecoins, and it's proving that they work, claims the CEO of crypto financial services firm Circle, Jeremy Allaire. Not all stablecoins have had a reason to celebrate though.
With the rise...
Altcoins See Early Optimism After Thursday Massacre, Litecoin Up 10%
13.3.2020
Source: iStock/t_kimura
Following the massacre in the broader crypto market on Thursday, major altcoins have already started to recoup some of their losses, with some cryptoassets now showing positive returns over the past 24 hours.
Despite a sea of red in the crypto market, altcoins such...
Crypto Exchanges Make Emergency Moves to Deal With Disrupted Transactions
13.3.2020
Some crypto exchanges around the world struggled to deal with the unexpected crash that has seen bitcoin (BTC) crash to as low as USD 4,000 before rebounding to more than USD 5,500 – leading some to take “emergency measures.”
A number of major exchanges suffered with technical issues as some coins...
DeFi Goes Through Its Own Major Turbulence
13.3.2020
The crypto market crashed, and the total value locked (TVL) in decentralized finance (DeFi) is not here for it. Nonetheless, it bounced back.
TVL crashed 62% today, from USD 649.497 million to USD 244.398 million, before recuperating to where it currently (UTC: 10:24) stands: USD 641.6 million...
Crypto-keen Japanese Securities Giant Joins STO Association
12.3.2020
The Japanese cryptocurrency scene could be about to welcome another major player to the fray – after major securities and brokerage firm Tokai Tokyo became the latest member of an increasingly high-profile and powerful-looking security token offering (STO) association.
The move comes just months...
New South Korean Crypto Law May ‘Force 190 Exchanges to Close’
12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...