- Chairman J. Christopher Giancarlo – Regulating the Blockchain;
- Bitcoin Faces Price Pullback Amid Extremely Overbought Conditions;
- Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements;
- New Bitfury Joint Project to Manage Medical Data Permissions With Blockchain Tech;
- Coinsquare Crypto Exchange Launches Canadian Dollar-Backed Stablecoin;
- ? Daily Crypto Calendar, April, 5th?
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
? Chairman J. Christopher Giancarlo – Regulating the Blockchain
Chairman J. Christopher Giancarlo of the U.S. Commodity Futures Trading Commission joins host Nolan Bauerle for an exit interview covering his time at the CFTC, the future of blockchain regulation, and the origins of the nickname “CryptoDad.”
? The SEC Just Released Its Long-Awaited Crypto Token Guidance
Bitcoin’s quick drop from a 4.5-month high of $5,345 to levels below $5,000 validates the extremely overbought readings on the 14-day relative strength index.
BTC could consolidate around $5,000 with a negative bias over the next day or two. A pullback back to key support levels at $4,672 and $4,565 (200-hour MA) can’t be ruled out.
The longer-term outlook will remain bullish as long as bitcoin’s price holds above the former resistance-turned-support of $4,236.
? Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements
The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel.
The head of Russia’s state-owned gas giant Gazprom, Alexey Miller, has met with Russian prime minister Dmitry Medvedev to report on the development of applications powered by distributed ledger technology (DLT).
According to Miller, Gazprom has carried out substantive work with Russia’s state-owned bank Gazprombank, and has developed a prototype model that will enable contracts to be made automatically using blockchain technology. The platform intends to allow data sharing between all the participants of a certain contract, as well as to improve the security of data, Miller explained.
? New Bitfury Joint Project to Manage Medical Data Permissions With Blockchain Tech
The Bitfury Group and blockchain-powered medical data marketplace Longenesis have jointly launched production of a blockchain-based consent management system for the healthcare industry. The development was announced in a press release shared with Cointelegraph on April 4.
Per the release, the new product addresses issues with the management of user consent for ongoing and upcoming research endeavors, compliance with the General Data Protection Regulation (GDPR) and Health Insurance Portability and Accountability Act (HIPAA), as well as streamlining data collection for medical research.
? Coinsquare Crypto Exchange Launches Canadian Dollar-Backed Stablecoin
Coinsquare, one of Canada’s top crypto exchanges, will be launching a stablecoin backed by the Canadian dollar dubbed eCAD, according to a press release on April 4.
The new coin will purportedly be backed at a 1:1 ratio with Canadian dollars. Coinsquare states that the new coin will be a reliable and stable store of value that provides investors with an alternative to similar coins backed by the United States dollar. Cole Diamond, CEO of Coinsquare said:
“The launch of eCAD will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability in the traditional cryptocurrency market.”
? Daily Crypto Calendar, April, 5th?
“… Our Thai partner bank chose Everex to present the remittance/payments case via innovative blockchain technology…,” between April 2-5.
Announcement
“In just a month we are launching the secret weapon to enable ppl to play Dapps without a technical barrier on #IOST.”
“Public release of all the platform designs/screens.”
“#EthereumClassic community-wide conference call surrounding the next network upgrade ECIP1054 named Atlantis.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday I was happy to see the resistance line at 0.49 finally broken but it has been very short before we broke down again. This correction is due to the BTC correction so no drama neither except that the correction is more powerfull on the STEEM than on the BTC while the UP are also less powerfull on the STEEM also. It is not a so good period for the STEEM currently, let’s hope we will some improvements soon.
Last Updates
- ? Daily Crypto News, April, 4th?
- ? Daily Crypto News, April, 3rd?
- ? Daily Crypto News, April, 1st?
- ? Daily Crypto News, March, 29th?
- ? Daily Crypto News, March, 28th?
- ? Daily Crypto News, March, 28th?
- ? Daily Crypto News, March, 25th?
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