A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5.
The dashboard developed by Armanino purportedly enables traders to monitor TrueUSD token balances and collateralized funds. “Armanino connects directly to third-party escrow accounts holding the U.S. dollars that collateralize TrueUSD tokens, and runs their own ETH nodes to ensure accurate TUSD token supply,” the post details.
Cryptocurrency futures provider Crypto Facilities has seen “tremendous growth” since being acquired by U.S.-based crypto exchange Kraken last month, an executive said.
Sui Chung, the subsidiary’s head of indices and pricing products, told CoinDesk that trading volume has increased more than 500 percent since Kraken acquired the futures exchange at the beginning of February for $100 million.
You’re not sure where it will end up exactly or who will actually read it. But you type up a message, pay a couple of cents in bitcoin and click the “send” button. Your message zips through space – yes, space – then is broadcast out of a satellite, blanketing the world.
The result? A cosmic “message in a bottle” that’s become the latest novelty in the bitcoin technical community.
It’s all possible with the help of Blockstream satellite, an eccentric project released over a year ago with the goal of making bitcoin accessible for people without internet access. Sending messages has gotten easier since then, with the launch of spacebit.live, a simple website that allows users to pay a small fee (the default of which is 3 cents in testnet bitcoin) to send a message via those satellites across the world.
New York-based blockchain analytics firm Chainalysis has published an official statement clarifying that it does not collect or sell users’ personal data when it provides its services to cryptocurrency exchanges. The statement was published in a company blog post on March 5.
Chainalysis is one of the highest-profile firms in the blockchain intelligence industry, providing technology — such as its proprietary KYT (Know Your Transaction) tool — that enables firms, governments and law enforcement agencies to monitor blockchain transactions and track suspected illicit activities, such as money laundering or terrorist financing.
Switzerland’s SIX stock exchange has announced the launch of an ETH exchanged-traded product. March 5 comprised the first trading day for the ETP, which is backed by Swiss company Amun AG. The launch comes one month after SIX announced its intention to launch a blockchain-powered exchange during the second half of this year.
Switzerland’s primary stock exchange, the Zurich-based SIX, has launched trading for an ethereum exchange-traded product, the Amun Ethereum ETP (AETH). Flow Traders B.V., a liquidity provider specializing in ETPs, will provide market making services for AETH on SIX.
Network upgrade at block 830,000, which is estimated to occur on March 6 at 00:00 UTC.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
So after the UP of yesterday which helped us to come back upper than the support line at 0.39$, we continued today with the UP Break Out of the BTC. However, we start to have some difficulties to break the previous tops. We must really break the double TOP that we have around 0.43$ to start the real UP trend. Without that, we still have a risk to have a correction again.
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Today on the scaredy cat investor show we reviewed the price charts of steem, litecoin and bitcoin.
Let’s recap what was covered and the outlook we came too.
Relative Strength
Litecoin is showing the most strength among the three and possibly among all crypto.
Looking at the litecoin chart you can see several good things happening:
Price broke the 200 day moving average and then confirmed the breakout with a test before moving higher again.
We are now testing the resistance in that $50-51 area after making a higher low.
The upside potential is large if price establishes above the $51 are as the next true resistance
on Consumer Staples for the last 12 months. Due to inflation, interest rates, raw material input cost and Millennials preferring other alternatives, these companies in this sector don’t make money. However, one company trying to buck the trend in the Consumer Staples sector is J.M. Smucker Company.
The J.M. Smucker Company is a packaged food maker and manufacturer of fruit spreads, retail packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and natural foods products in North America and has been around for more than 115 years.
