And yes! finally, with the help of the excellent developers of the SCRIPSIO team seems that from now on I can post my thoughts using this site.
I am still setting up my account but it seems quite easy and straightforward for the moment.
Really surprised for what it seems to be a good user friendly environment for bloggers willing to use a more advanced features for writing, editing, posting and spreading your blog not only at the Steem blockchain but also at other platforms as twitter.
Major United States cryptocurrency exchange Kraken has decided to delist bitcoin (BTC) offshoot bitcoin SV (BSV), the firm announced on April 16.
In an official press release, Kraken said that BSV had “engaged in behavior completely antithetical to everything we at Kraken and the wider crypto community stands for.” As such, the exchange has decided to delist the currency, which was the result of a hard fork in the bitcoin cash (BTC) network last November. 1. Do I need to report my cryptocurrency trades to the IRS?
You need to report your cryptocurrency activity if you incurred a taxable event during the year. A taxable event is a specific scenario that triggers a tax liability. The below are a list of the taxable events as specified by the IRS 2014 guidance:
Trading cryptocurrency to fiat currency like the U.S. dollar is a taxable event. Trading cryptocurrency to cryptocurrency is a taxable event (you have to calculate the fair market value in USD at the time of the trade).
Using cryptocurrency for goods and services is a taxable event (again, you have to calculate the fair market value in USD at the time of the trade; you may also end up owing sales tax).
Is Coinbase going to solve the thorny challenges of proof-of-stake (PoS) blockchain governance or centralize those systems even further?
That’s the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos. The move means institutional investors will be able to vote on blockchain governance matters directly through their Coinbase accounts.
Crypto exchange Gate.io has raised $64 million worth of crypto assets in seven days for its own exchange cryptocurrency that won’t be launched on a blockchain for at least six months.
One of the oldest Chinese exchanges, Gate.io claimed on Monday that over the last week it was heavily oversubscribed with orders totaling $2.99 billion for the so-called Gate Points, which can be used for offsetting trading fees on the platform.
Moreover, each Gate Point further entitles a holder to receive 2.5 Gate Tokens (GT), the native cryptocurrency of Gatechain, the exchange’s yet-to-be-launched proprietary blockchain. Gate.io says it expects the network to go live in the fourth quarter.
There’s a legal conflict brewing between outspoken members of the bitcoin community and the controversial computer scientist who claims to be the cryptocurrency’s creator.
It’s a complex story to untangle, but it boils down to Australian computer scientist Craig S. Wright – who has claimed to be bitcoin’s pseudonymous creator since 2016 – sending out legal letters to those community members that have called him a “fraud.”
While several news reports, as early as late 2015, identified Wright as Satoshi, and the lead maintainer of bitcoin at the time Gavin Andresen even lent his credence to the unmasking, security experts rebuked the claim, leaving many in the cryptocurrency community unconvinced. Yet, Wright has continued stating that he is Satoshi and those that believe that to be a false claim have continued to call Wright a liar.
Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion.
The Information reports that ConsenSys is pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this year, primarily from contracts with enterprise and government clients. Last December, the Brazilian National Social Development Bank confirmed to CoinDesk it was in talks with ConsenSys.
ConsenSys was previously supported by Lubin’s personal fortune and employed up to 1,200 people in 2018. When the price of ethereum plummeted after the 2017 token boom fizzled, ConsenSys laid off 13 percent of its staff. Following a late-2018 re-organization dubbed “ConsenSys 2.0,” it became clear that partnerships with traditional, external investors were a priority.
“Join #Binance CFO @weizhouBinance & @BinanceLabs Partner @hiteck on April 17th at Paris Blockchain Week for a Binance meetup”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Due to the BTC little UP, the support line at 0.41$ corresponding to the previous low has been saved after some hours. We are now in the middle of 2 lines but I would like really see that we are able to go upper than the resistance line at 0.43$ to confirm any Up trend. Till that point, I will stay very cautious about the STEEM which is not moving nicely on each UP of the BTC but is dropping with exageration on each little correction on the BTC.
What matters is that 10 years after an unidentified software engineer created it, this decentralized system for recording sequences of transactions continues to do its job, block after block, with no authority in charge, no user able to alter past transactions, and no person or entity able to shut it down.
The more this goes on, the more it reinforces the powerful vision behind bitcoin: a peer-to-peer, disintermediated system for exchanging value around the world. And in that context, we can also think of bitcoin the cryptocurrency – differentiated from bitcoin the system – as a unique, provably scare digital asset that expresses the overall value in that vast potential.
Bitcoin is valuable because it exists
A point that’s lost on critics like Novak is that the longer bitcoin simply survives – in the face of the $90 billion valuation that stands as a de facto bounty for hackers to try to take it down, compromise its security or corrupt it – the more its overall value is confirmed.
Bitcoin is progressively proving itself to be an unstoppable, digital system of global exchange, one that functions outside of the traditional national government-mandated system of currency and banking. That status is what gives bitcoin its value.
Of course, the global impact of the bitcoin value exchange system, and therefore its worth to humanity, will be significantly enhanced if adoption advances to a much wider scale and it is used frequently in the world’s transactions. And, yes, a great deal of development work is still needed if it is to ever reach that point.
Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14.
SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and Europe.
As per the agreement, the two companies will reportedly seek more business opportunities in the region. Moreover, Samsung SDS will cooperate with Tech Mahindra on further Nexledger updates.
In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets.
Among them was correlation between Bitcoin and altcoin prices, data from 2014-2019 confirming that the 90 days to mid-March represented the longest period of high correlation in market history.
The United States Securities and Exchange Commission (SEC) reportedly required two funds to eliminate the word “blockchain” from their monikers, Bloomberg writes April 12, citing sources familiar with the matter.
The exchange-traded funds (ETFs) of both Amplify and Reality Shares reportedly mentioned blockchain in early filings. Per Bloomberg’s unarmed interlocutors, the two funds were encouraged to change their names at the last minute in 2018.
Despite eliminating the word “blockchain,” the funds’ tickers still refer to the technology. Ampilfy’s funds are traded as BLOK, while the product is described as “transformational data sharing ETF.” Reality Shares are using the title BLCN, depicting its product as “Nasdaq NexGen economy ETF.”
The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12.
According to the newspaper, the asset called “Learning Coin” will be accessible only within the IMF and World Bank. The coin has no money value and thus is not a real cryptocurrency, the FT underlines.
As the FT has learned, “Learning Coin” was launched in order to better understand the technologies that underlie crypto assets. Its app will serve as a hub where blogs, research, videos and presentations are stored.
“… At 10:00 AM ET (2:00 PM GMT/UTC) Partners and Platinum Partners will have an exclusive opportunity to buy additional EFIN coins.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We are currently sitting exactly on the support line at 0.43$ and we are in waiting mode I think, waiting to see in which direction the BTC will go. Let’s hope it will be a UP Break Out but no one can be sure of the direction. Let’s see what the market will decide and follow the trend, it is always the safest choice.
Taekion plans to work on other applications, too, that would help secure energy transactions to protect process data at power generation facilities, increase grid reliability and integrate a more decentralized energy infrastructure.
The project is part of the energy department’s Office of Fossil Energy Sensors and Controls program and is funded through the department’s Small Business Innovation Research program.
This is not the first time that the department has looked to explore blockchain for technological improvements. Last year, it partnered with BlockCypher to develop solutions allowing energy transactions to be settled across multiple blockchains.
The drop may now have thrown a spanner into a bullish market setup that had looked likely to propel prices to highs not seen since late last year. Had bitcoin’s triangle breakout succeeded, a measured move to $5,800 may have been on the cards. However, bitcoin fell $300 short of that target as buyer volume fell short on the day.
San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9.
Thor — which was built on Neo (NEO) — has announced it is closing its doors as it reportedly could not manage to raise enough capital to come up against the lack of sales, as well as find a new place where it could benefit from more resources.
Muneeb Ali, co-founder and CEO of Blockstack, said in a statement: “We’ve been working with securities lawyers to create a legal framework that can enable blockchain protocols to comply with SEC regulations.”
He continued:
“This can potentially set a precedent for others in the industry, not just for public offerings, but also as a path to launch new public blockchains and establish a path to bootstrapping decentralized ecosystems.”
New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11.
Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access Ventures and Nima Capital, and hedge fund Pantera Capital, which recently revealed that it was close to completing funding for its third venture fund, already raising $160 million.
The company intends to create a payment network for retailers that would reduce costs, overhead, and fraudulence by means of blockchain-based settlements. Flexa is also planning to release a mobile application through which customers could conduct operations with cryptocurrencies they already own.
“After the Grand Announcement at the @money2020, we continue the roadshow for our #STO at London’s prominent @UKInvestorShow!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday, we were testing the support line around 0.49$ but today, due to the drop on the BTC, we broke that support line but also the next support line around 0.43$. We still have a possibility to come back upper that last support line and it will stay a very bad day today for the STEEM with a drop of 10%… What is disapointing with the STEEM is that we have difficulties to go UP during UP trend of the BTC and we are exagerating each DROP of that same BTC… Courage courage dear holders.
A draft proposal from China’s economic planning commission labels bitcoin mining as an industry that needs to be “eliminated.” But even if finalized in its current form, this would not automatically amount to an outright mining ban.
While local governments are supposed to follow the commission’s guidance, to take action against an industry they need a basis in the laws of the state, not industrial policy.
Further, there are past examples of “undesirable” industries that were eventually recategorized because phasing them out was found to conflict with local interests.
Seizing on this, miners are arguing that eliminating their industry would also conflict with local interests, in part because they soak up excess electricity that would otherwise go to waste.
International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players.
Lagarde made her comments in an interview with CNBC on April 10, following a panel devoted to “Money and Payments in the Digital Age,” as part of the 2019 Spring Meetings of the World Bank Group and the IMF in Washington, D.C.
Contributors to the preceding panel, which Lagarde moderated, were co-founder and CEO of crypto finance firm Circle Jeremy Allaire, Sarah Youngwood — chief financial officer of Consumer & Community Banking at JPMorgan Chase — the European Central Bank’s (SCB) Benoît Cœuré, and governor of the Central Bank of Kenya (CBK) Patrick Njoroge.
Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10.
The Coinbase Card is a Visa debit card powered by customers’ Coinbase account crypto balances, which allows them to make purchases with digital currencies worldwide. Coinbase instantly converts customers’ cryptocurrency funds into fiat currency in order to complete the purchase.
Coinbase also released the Coinbase Card app for iOS and Android, which links customers’ Coinbase accounts with the app and allows them to choose a particular wallet to fund their Coinbase Card. The app additionally provides access to receipts, transaction summaries, spending categories, and other features. The card reportedly supports all digital assets available to purchase and sell on the Coinbase platform.
Facebook is harvesting our data. Cameras track our movements. In New York, landlords want to replace your keys with facial recognition technology. AI, deep fakes, phishing attacks—every day the world looks more like Black Mirror.
Enter the EFF. The Electronic Frontier Foundation, founded way back in 1990, is a non-profit watchdog for “defending civil liberties in the digital world.” They do a mix of advocacy, policy analysis, legal work, and reporting. Their site includes recent stories like “To Search Through Millions of License Plates, Police Should Get a Warrant,” and “Your Fourth Amendment Rights Should Not be Limited by Terms of Service.”
What are some privacy violations that most Americans aren’t thinking about? You don’t have to travel far from home to find egregious, systematic privacy violations. Right now there’s a bill in Oregon that’s a kind of pay-per-privacy thing that would incentivize you to sell your health data. It’s bad. And in the mainstream media, people are finally talking about how the first citizens in the United States who experience surveillance techniques tend to be low-income, marginalized communities.
The NEXT.exchange CEO and COO will be holding their first Reddit AMA.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Nothing really special on the STEEM, we are still consolidating around the support line at 0.49$, sometimes lower, sometimes higher. We need to wait a real break out to know the next direction that the STEEM will take. Let’s keep a eye on the BTC also because it looks like the STEEM is directly impacted for any little drop from the BTC, for the UP it is another story…
The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition, the Cagayan Economic Zone Authority has independently licensed 24 crypto exchanges.
“When they sell their bitcoin, users will be able to withdraw the money they made in the transaction from the ATM directly. You have to be a UBP account holder and have a crypto wallet (like Coinsph), users who do not have a UBP account can open one in the Ark where the ATM is located”.
Whatever people make of the cryptocurrency exchange Binance and its leader, Changpeng Zhao, the company’s success isn’t just unprecedented, it’s precedent-setting.
Binance, I would argue, is emerging as the case study for growing a cryptocurrency business, a success that’s much needed in a community that spends too much time talking up the potential of its technology and too little time analyzing viable go-to-market strategies that can drive the technological sea change we foresee.
In that regard, I think the market is only just beginning to understand just how visionary Binance is and what its success – in terms of market timing and product impact – says about something we all are striving to find: a model for building scalable and impactful cryptocurrency businesses.
The United States subsidiary of major European crypto exchangeBitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial Services (NYDFS) on April 9.
The license, known as a BitLicense, has been awarded by the NYDFS to Bitstamp USA Inc., a subsidiary of the Luxembourg-registered exchange.
According to the press release, the development makes Bitstamp USA reportedly the nineteenth firm to receive the department’s green light to conduct digital currency operations in New York state. As Reuters today reports, Bitstamp Europe SA was granted a payment institution license back in 2016, which authorized its operations across all 28 EU countries.
Crypto investment firms in China have turned to lending for a steady revenue stream to get through the bear market, including Bixin Capital, FBG Capital and Dong Zhao’s DGroup.
Each of these firms currently holds about $15 million worth of outstanding loans originated over the last five months.
Although most of these lenders don’t directly deal with Chinese yuan, they see borrowing demand domestically from retail investors, trading desks and cryptocurrency miners.
The head of the largest organized creditor group representing the former users of failed bitcoin exchange Mt. Gox is stepping down amid what he described as a protracted legal quagmire that could take years to resolve completely.
Andy Pag, the founder and coordinator of Mt. Gox Legal, told CoinDesk in an exclusive interview this week that he now believes ongoing legal issues – in particular, a single massive claim by startup incubator and former Mt. Gox partner Coinlab – may hold up the crypto exchange’s civil rehabilitation process for up to two more years.
Pag, who started Mt. Gox Legal roughly 18 months ago with the intent to advocate for the reimbursement of creditors, first revealed his opinion of the expected timeline in a private forum post last week, obtained by CoinDesk, which told creditors he would be stepping down from his role as coordinator at the end of the month.
“Join us on Wednesday 10th April at 19:00 in Kazan, Russia for a Binance meetup!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Not so bad today. Yes we had a correction but if you look well, we didn’t really break the support line for a long time and we are even now upper than this line. Let’s see what will be done in the coming hours but a UP break out would be nice to have to confim a bounce from that support line.
Princess Eugenie of the United Kingdom and United States anti-human trafficking Ambassador John Richmond recently spoke in favor of using new technology like phone apps and blockchain to address human trafficking, Reuters reports on April 8.
At a conference in Vienna, Austria hosted by the Organization for Security and Co-operation in Europe (OSCE), experts noted that increased internet usage has expanded the ability of traffickers to exploit potential targets.
However, Princess Eugenie — the granddaughter of Queen Elizabeth — reportedly noted that technology could also help fight trafficking. Eugenie, who founded the Anti-Slavery Collective in Britain in 2017, said:
“I have learned about how blockchain is having a huge impact on supply chain management, and how an app in Britain can help the public report modern slavery at car washes.”
It’s a moment true bitcoin nerds have been waiting for.
In the coming release of Bitcoin Core, the 18th major version of the cryptocurrency’s most widely used software, the code will finally, natively allow users to connect bitcoin full nodes to hardware wallets.
It sounds technical, but it’s a big step for the security for users. Bitcoin full nodes allow users to verify that transactions actually took place, meanwhile, hardware wallets are considered one of the most secure ways to store bitcoin. Thus, making it easier to join the two together is a big win for users who don’t want full control of their bitcoin – and don’t want to lose it.
Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8.
Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment could keep the project more in line with the crypto community’s decentralized ethos:
“Given that one of the big allures of blockchain projects is the decentralization, getting outside investors could help Facebook present the project as more decentralized and less controlled by Facebook.”
Opera has officially launched the desktop version of its new browser with a built-in cryptocurrency wallet.
The browser, called “Reborn 3,” is now available for the Mac, Windows and Linux operating systems, Opera announced Tuesday. The software allows users to explore and interact with the blockchain-based decentralized applications (dapps) of “Web 3,” and the wallet lets users send transactions without requiring an extension such as Metamask, the browser company said.
To enhance security, Reborn 3’s built-in wallet syncs with that of Opera’s mobile Android browser, which was launched last December, Opera said.
China’s National Development and Reform Commission (NDRC), a state planning agency charged with spearheading macroeconomic policies, has revealed it is considering the elimination of crypto mining in the country. The news was reported by Reuters on April 9.
The NDRC has reportedly now included crypto mining as part of its draft for a revised list of industrial activities the agency intends to curtail. The list — which reportedly runs at over 450 points long — identifies activities the state deems to be in violation of relevant laws and regulations, pose a safety hazard, or are unecological.
It forms part of the NDRC’s wider Catalogue for Guiding Industry Restructuring, which has been issued since 2005 and determines which industries are to be fostered, restricted or eliminated in the country.
“BitTorrent will be listed on BitAsset beginning on April 9th, 3 PM (SGT)”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Today the STEEM drop and broke during some hours the support line around 0.49$. However, it created a bounce which allowed us to go back upper this support line. So we can consider that the support line did its job and create a bounce. Let’s see now if we will try again to break the line or if we will start to go up and test the TOP.
The combined value of the cryptocurrency market rose to $185.89 billion earlier today, its highest level since Nov. 18.
While that number has dropped slightly to $184 billion as of press time, the five-month high marks the 10th consecutive week with a bullish open above the prior candle close, meaning there has been a steady increase in value for crypto since the new year began.
The majority of the crypto markets experienced positive growth toward the end of the previous close for the week April 1–7, thanks in part to bitcoin’s breakout last week.
?Tron’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year
Tron (TRX) founder and CEO Justin Sun claimed that he thinks the Tron ecosystem will “officially collaborate” with Ethereum (ETH) this year. Sun made his comments during an interview on The Crypto Chick podcast on April 6.
More precisely, Sun said that he thinks “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.” In response to a question on Ethereum co-founder Vitalik Buterin’s recent tweets about Tron, Sun stated that he thinks “competition brings a better product.” Sun also added:
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
There is a crisis in governance. I’m not talking about bitcoin, but Brexit.
Britain’s exit from the European Union (EU) is not so much a technical crisis between a ‘hard fork’ and a ‘soft fork’ but a legitimacy crisis. Yet the solution to its core dilemma — politically deciding between a ‘Hard Brexit’ and a ‘Soft Brexit’ — may actually lay in harnessing blockchain technology’s great potential as an economic governance system for the digital age.
One thing’s clear: the current system is failing. The impasse in Britain requires a radical rethink. Unless even more time is requested by the UK, and unanimously granted by all 27 member states of the EU, the default option is for the UK to chaotically crash out from the European trade bloc, by leaving without a legal agreement, on Friday April 12th. As laws have borders, this lack of ‘legal certainty’ is particularly troubling as it risks disrupting cross-border supply chain networks which would be bad news for everyone.
There are 253 crypto exchanges listed on CoinMarketCap. A year ago there were 208. More exchanges are in the planning stages. The universe of crypto exchanges seems to be constantly exploding, like the aftermath of a digital Big Bang. Save for an occasional exchange blowout here and there (QuadrigaCX comes to mind), all this has been occurring amid a sharp decline in values and trading volumes since the crypto market peaked in early 2018.
Many exchanges appear to be thriving, as crypto asset listings also continue to multiply. And thereby a central mystery emerges. How do the exchanges remain profitable and viable as they face intensifying competition from new entrants?
Since they are privately owned, the details of their inner workings remain closely held by their owners. An observer is reduced to reading tea leaves to make an informed opinion about just how profitable the exchanges might be.
Nicholas Weaver began his talk on cryptocurrency at January’s Enigma security and privacy conference with some disclaimers. “My work in this area is largely sponsored by the National Science Foundation, but of course, all opinions are my own,” said Weaver, a researcher at the International Computer Science Institute and lecturer in the computer science department at the University of California, Berkeley. “This is also not investment advice. But then again, my advice to anyone who says you should invest in cryptocurrencies [is] you should just kick them.” The rest of Weaver’s 20-minute presentation was as provocative as its title: “Cryptocurrency: Burn It With Fire.” Naturally, we had to speak with him.
? Daily Crypto Calendar, April, 8th?
Binance Coin
“We have decided to celebrate this event and host a contest. The total prize fund is 3M KICK coins,” from April 8th – 14th.
“We have decided to celebrate this event and host a contest. The total prize fund is 3M KICK coins,” from April 8th – 14th.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
The STEEM is slowly stopping to drop but to be honnest, I think it is possible that we test the support line around 0.49$ and I expect see a bounce from that line, at least I hope for STEEM. However, the BTC is ready to break an important resistance line so let’s see if it will impact also the STEEM.
More
than a year after the nine-month freeze has ended, the State Administration of Press and Publications (SAPP)published a listof 30 newly licensed foreign online games, including titles
submitted by Tencent, NetEase and
Perfect World.
While
China has been approving games on a fairly
regular basis, there were some concerns that licenses were only being granted to certain genres of games, or based
solely on domestic IP. This new release clearly dispels that risk.
The
SAPP is currently faced with a backlog
of multiple thousand games waiting for approval, and two of the world’s
most popular Battle Royale titles (Fortnite and PUBG) are still waiting to be
cleared for in-game purchases.
Analysis & Comments
As a reminder, I see considerable upside for the Western developers from releasing their IP in China via Tencent and/or NetEase. At the moment I treat this as a free option.
Note that Ubisoft is waiting for approval for Rainbow Six Siege in China. The game is already a hit amongst Chinese gamers playing via Steam, but it is only possible to see considerable monetisation when publishing and marketing with a domestic player (Tencent).
Previous analysis suggests hat if Ubisoft can sell just 1.5-2m units in China for each of its 3-4 games released each year, and Tencent takes a 50% revenue share, I estimate this could add €9 (over 10% of current value) to the base-case valuation.
Activision Blizzard is also hoping to release a Call of Duty mobile game in partnership withTencent.
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.”
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.
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.
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, 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.”
“#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.
