? Daily Crypto News, April, 8th?

  • Crypto Market Capitalization Hits 5-Month High Above $185 Billion;
  • Tron’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year;
  • Is It Time for a Blockchain Brexit?;
  • Inside the Murky and Very Profitable World of Crypto Exchanges ;
  • The Best Thing to Do With Crypto? “Burn It With Fire,” Says This Super Skeptic ;
  • ? Daily Crypto Calendar, April, 8th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Crypto Market Capitalization Hits 5-Month High Above $185 Billion

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.”

? Is It Time for a Blockchain Brexit?

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.

? Inside the Murky and Very Profitable World of Crypto Exchanges

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.

?
The Best Thing to Do With Crypto? “Burn It With Fire,” Says This Super Skeptic

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.

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? 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.

Telegram AMA

“Cashaa… announced that it was all set to support businesses, irrespective of whether they have functional bank accounts or not….”

“We will be hosting a competition starting on Tuesday 02/04 and ending on Monday 08/04.”

“We have decided to celebrate this event and host a contest. The total prize fund is 3M KICK coins,” from April 8th – 14th.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

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.

image.png

Last Updates

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https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote.gif!

Will the Price of Steem Gear Up?

So as most of us saw, the price of steem didn’t really participate in the crypto market move earlier in the week.
However, we have seen a turn higher the past couple days which puts price in position to easily shoot up and test the resistance area around 58 cents.
Buyers Come Out and Play Please
He’s the rub though – volume, more so lack thereof.  The nice sized green candle we got yesterday came on very light volume and the current daily candle is off to a slow start.
Experience tells me that some volume buyers will need to come in for this

? Daily Crypto News, April, 5th?

  • 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.”

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? 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.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

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.

image.png

Last Updates

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? Daily Crypto News, April, 4th?

  • 3 Reasons Bitcoin’s Price Suddenly Surged Back to $5K ;
  • The SEC Just Released Its Long-Awaited Crypto Token Guidance ;
  • Number of Active Bitcoin Wallets Increased Prior to Crypto Market Surge;
  • Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File;
  • Coinbase CEO Says He Wants To Dethrone Dictators, Glosses Over Hacking Team Hires;
  • ? Daily Crypto Calendar, April, 4th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? 3 Reasons Bitcoin’s Price Suddenly Surged Back to $5K

The crypto market sprang back to life with bitcoin’s surge to nearly 5-month highs yesterday. But why?


To those who have been paying attention to the charts, it shouldn’t come as a surprise. The leading cryptocurrency by market value jumped nearly $1,000 to $5,080 in a 60-minute window early on Tuesday, confirming a transition from bear market to bull market that it had been signaling for some time.


In fact, after a year-long bear market, savvy traders were waiting on a trend change that would gain credence if and when prices established the most basic of all bullish technical patterns – a higher low and a higher high on its weekly charts. (A higher high would have been confirmed above $4,236.)

? The SEC Just Released Its Long-Awaited Crypto Token Guidance

The U.S. Securities and Exchange Commission (SEC) has published fresh regulatory guidance for token issuers, nearly half a year in the making.


The guidance focuses on tokens and outlines how and when these cryptocurrencies may fall under a securities classification, according to the document


SEC Director of Corporation Finance William Hinman first revealed that the regulator was developing new guidance for crypto tokens last November, and other members of the agency, including FinHub head Valerie Szczepanik and Commissioner Hester Peirce, have repeatedly said that SEC staff was working on the document.


In November, Hinman said the “plain English” guidance would help token issuers easily determine whether or not their cryptocurrency would qualify as a security offering.

? Number of Active Bitcoin Wallets Increased Prior to Crypto Market Surge

The number of active Bitcoin (BTC) wallets increased in the two weeks leading up to the recent cryptocurrency surge, Bloomberg reported on April 3.


Citing market intelligence firm Flipside Crypto’s analysis, Bloomberg reported that a high number of digital wallets holding Bitcoin became active two weeks before the cryptocurrency market rally. Bitcoin skyrocketed on April 2, gaining 15 percent over the night and pushing over $4,500 for the first time this year.


According to Flipside Crypto, 40 to 50 percent of all Bitcoin had been held in digital wallets that were inactive from one to six months, while the average has reportedly been 10 percent since March 15. Eric Stone, co-founder and head of data science at Flipside Crypto, said that “there are more people warming up to the idea of buying Bitcoin.”

? Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File

According to personal finance firm Credit Karma Tax, filers who reported short-term capital losses for cryptocurrencies in the first month of 2019 jumped fivefold year-over-year. After the incredibly bearish crypto markets of 2018, data from early tax filers highlights the fact that more investors are claiming losses this tax season. However, a survey the company recorded back in November found that the number of people deciding not to file crypto taxes has increased.

? Coinbase CEO Says He Wants To Dethrone Dictators, Glosses Over Hacking Team Hires

During a livestreamed Q+A yesterday, Coinbase CEO Brian Armstrong was asked about “the most ambitious thing Coinbase wants to do in the next five years.” He answered that he hoped his company would “like overthrow some corrupt dictators in the world.” It’s a fine sentiment (spotted by Mashable)—though hard to square with Coinbase’s very recent acqui-hiring of a team of midnight-black hackers who made their bones helping dictators target dissidents worldwide.

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? Daily Crypto Calendar, April, 4th?

Sentinel Protocol will be joining this year’s edition of Deconomy, where John Kirch will shed light on the current cybersecurity issues.

“To participate in this exciting airdrop, you simply have to hold uDOOs on April 4th 2019 and successfully register your details here.”

CRW sponsors CoinFestUK 2019 from Apr 4-6.

“Join @enjin on April 4th at 1PM UTC for an AMA in the #Binance English Telegram group. ”

The creation and distribution of ZNN is made through the ZX algorithm that follows a supply demand pattern.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We finally broke the resistance line at 0.49$ but I think we will go test soon that line to see if we can use it as support line. We can see lot of indecision in the last candles so I expect a correction to go test back that line which should be a support now around 0.49$.

image.png

Last Updates

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? Daily Crypto News, April, 3rd?

  • Japan: Crypto Trading Platform Liquid Hits Unicorn Status With Over $1 Billion Valuation ;
  • Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat? ;
  • $255 Million: Coinbase Confirms Extent of Crypto Insurance Coverage;
  • PayPal Makes Its First-Ever Investment in a Blockchain Startup;
  • 61% of Major Global Digital Firms Invest in Blockchain, Report Finds;
  • ? Daily Crypto Calendar, April, 3rd?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Japan: Crypto Trading Platform Liquid Hits Unicorn Status With Over $1 Billion Valuation

Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was reported by Cointelegraph Japan on April 3.


Liquid’s parent company is Quoine, a global fintech company licensed by Japan’s Financial Services Agency.


As Cointelegraph Japan reports, the fresh funding and new valuation makes Liquid the country’s second unicorn in the tech startup space — the other being artificial intelligence firm Preferred Networks, which is backed by Toyota, Fanuc, Hitachi and others.

? Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat

As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. With increasing competition, will the U.S. dollar continue to be the world’s primary currency, will it come to be just one of several reserve fiat currencies, or will cryptocurrency become the new instrument that powers the global economy?

No one can predict exactly how long the greenback era is going to last. What’s certain is there are different camps that want to end it for various reasons. And if cryptocurrencies are taken into account, there’s an evolutionary push in that direction as well. Bitcoin is an alternative to all traditional, government-issued currencies, of which the dollar is the most recognizable.

? $255 Million: Coinbase Confirms Extent of Crypto Insurance Coverage

Coinbase has revealed the details of its insurance arrangements for cryptocurrency held on customers’ behalf, a rare move in an opaque market.


In a blog post published Tuesday, Philip Martin the exchange’s vice president of security, confirmed that it is covered for up to $255 million for coins held in so-called hot wallets – in other words, assets which are essentially online and open to potential hacks. CoinDesk first reported in November that Coinbase’s coverage was in this ballpark.


San Francisco-based Coinbase holds less than 2 percent of customers’ assets in hot wallets, with the remaining 98 percent at arm’s length from third-party attacks in cold storage, where the private keys are offline, the company told CoinDesk. (At its height during the crypto bull market, the company stored $25 billion worth of assets on customers’ behalf, but the company would not provide a recent figure.)

? PayPal Makes Its First-Ever Investment in a Blockchain Startup

Online payments giant PayPal has made its first-ever investment in a blockchain technology company.


Announced today, PayPal has joined the extension of a Series A funding round in Cambridge Blockchain, a startup that helps financial institutions and other companies manage sensitive data using shared ledgers.


Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months. That follows the $7 million close of its Series A in May of 2018, and brings the total capital raised to $10.5 million.

? 61% of Major Global Digital Firms Invest in Blockchain, Report Finds

61 percent of high-profile digital companies worldwide are investing in blockchain, according to a report by identity management firm Okta shared with Cointelegraph on April 2.


San Francisco-based enterprise identity provider Okta has released a survey on new trends in technological developments and business opportunities of the world’s largest companies.


In its first “Digital Enterprise Report,” Okta surveyed 1,050 IT, security and engineering decision makers from global companies with at least $1 billion in revenue. Okta explained that decision makers were defined as someone at the company who is “responsible for making technology purchasing decisions.”

Percentage of investment in various emerging technologies by large companies
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? Daily Crypto Calendar, April, 3rd?

Dev team hosts weekly status update at 5 PM (MST) on current developments.

The Wanchain staking pilot from April 3 – July 3. A minimum of 4 Million WAN will be locked for the pilot.

Catex hosts TRX trading competition from April 3rd – April 13th.

First project of KuCoin’s Spotlight, “MultiVAC”, begins its token sale.

“Trading will begin early next week.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The STEEM had a nice UP also today due to the big move of the BTC. However we are still stuck under that resistance line around 0.49$ and you can see on the chart that we are not able to break it… This resistance line is becoming kinda annoying but let’s stay positive that we can break it very soon.

image.png

Last Updates

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? Daily Crypto News, April, 2nd?

  • Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K ;
  • “Bitcoin and Friends” Animated Series Airs Spicy First Episode ;
  • XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange;
  • Puerto Rico Sees New Crypto Bank Accept First Client Deposit;
  • Pakistan Government To Issue Crypto Regulations;
  • ? Daily Crypto Calendar, April, 2nd?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K

With bitcoin’s move today to 4.5-month highs near $5,080, the transition from bear to bull market appears done and dusted.

The trend change would gain credence, though, if and when BTC finds acceptance above the former support-turned-resistance of the 21-month exponential moving average (EMA), currently at $5,200.

The cryptocurrency is looking overbought as per the 14-day relative strength index, so prices may have a tough time breaking above $5,200 in the near-term.

Bitcoin could see a pullback to $4,400 if signs of bullish exhaustion increase in the next few days.

? “Bitcoin and Friends” Animated Series Airs Spicy First Episode

There’s a new animated series called “Bitcoin and Friends” that’s been making its rounds across the web after the first episode was released by Uncle Chris Productions. The humorous and sometimes raunchy cartoon is an eight-part series that aims to make people laugh during the depressing bear market and the crypto saltiness on social media.

On March 29, Uncle Chris Productions released the first episode of an eight-part series that encapsulates the life of a lonely bitcoin in search of his lost father. The show “Bitcoin and Friends” stars “B,” a bitcoin who finds himself in a hospital and starts an adventure to find out who he is and who created him. Along the way, B finds some quirky friends in the first episode, called “Tears of a Clown”, whose storyline is based in New Jersey back in 2009.

? XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange

An exchange-traded product (ETP) tracking the price of the XRP cryptocurrency has gone live on Switzerland’s primary stock exchange SIX.


Amun AG, the maker of the product, announced the news on Tuesday, saying that the XRP ETP had started trading on the exchange under the ticker symbol AXRP.


The firm first revealed it would launch an XRP ETP last month. Hany Rashwan, co-founder and CEO of Amun AG told CoinDesk at the time that his firm already had an approval in place from SIX to issue the product.


With today’s launch, Amun AG now has a total of four cryptocurrency ETP products listed on the SIX exchange. Last month, the firm launched an ethereum (ETH)-based ETP (AETH). The month prior a bitcoin (BTC)-based ETP (ABTC) went live, and the firm launched the Amun Crypto Basket Index ETP under the ticker symbol HODL in November.

? Puerto Rico Sees New Crypto Bank Accept First Client Deposit

Puerto Rico-based cryptocurrency trading platform San Juan Mercantile Exchange (SJMX) has launched banking operations via a new subsidiary, the company announced in a press release on April 2.


SJMX, which exists as a membership-based exchange for digital asset traders, is seeking to expand the scope of its operations for institutional investors.


The new venture, dubbed San Juan Mercantile Bank & Trust International (SJMBT), received a banking license from Puerto Rican regulators last month.

? Pakistan Government To Issue Crypto Regulations

The government of Pakistan will soon release draft regulations for financial institutions that wish to provide services related to <abbr title="

A digital store of monetary value the primary use of which is for buying and selling goods, services, or property, such as Ether or bitcoin. Cryptocurrencies are cryptographically secured against counterfeit and often are not issued or controlled by any centralized authority.

“>cryptocurrency and other digital assets, according to local English-language news outlet The Express Tribune.


Citing sources in Pakistan’s ministry of finance, the article states that a ceremony to introduce the new regulations is being held today, April 1, at the Islamabad office of the State Bank of Pakistan (SBP). According to Pakistan’s finance minister, who attended the meeting, the Pakistani government is committed to transforming the country into a knowledge-based economy. It believes that information technology will help create more jobs and develop “world-class knowledge workers in sync with international market trends.”


To this point, the finance minister said, “It is our government’s policy to encourage the use of e-commerce amongst [the] public through awareness campaigns to promote a culture of e-commerce in the country, which supports electronic business transactions at national, regional and international levels.”

image.png

? Daily Crypto Calendar, April, 2nd?

NOVA 1.0 Release

Crex 24 Listing

“Join us on Tuesday 2nd April at 18:00 in St. Petersburg, Russia for a #Binance meetup!”

The creation and distribution of ZNN is made through the ZX algorithm that follows a supply demand pattern.

“ZB.com will list Grin/QC and Grin/UDST for trading at 2019/04/02 14:00 (UTC+8).”

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today again, STEEM is correcting while the BTC is increasing. So we are again in the middle of the 2 lines and we need to see which line the market want go test. Perhaps we are just taking some distance to go test again the resistance line at 0.49$ or the STEEM want do a bigger correct and we will go test the support line at 0.43$

image.png

Last Updates

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Posted from my blog with


Posted from my blog with SteemPress : https://scrips.io/blog/mr-cryptolemon/%f0%9f%97%9e-daily-crypto-news-april-1st%f0%9f%92%b0/


Another hackening occurred. // Bithumb

Slikovni rezultat za bithumb hack

Centralized exchanges getting hacked isnt something new or unexpected.
But this exchange is one of those that account for a lot of STEEM trading volume. Most of the volume is probably fake and coinmarket cap doesnt even acknowledge it, but still, its there. 😀

So how much was stolen?

Some sources say 20 million USD. A hefty sum. The funds were moved to another exchange so they could potentially be frozen and returned to the rightful owner.
I dont have the live news on whats happening, im just retelling the story. lol

The difference between this hacking and the prior ones is that apparently most of the user funds were safe in cold wallets so hackers couldnt get to them. What was stolen is the exchange funds and the suspicion is that it was an inside job. Bithumb claims that they have a good protection against outside attacks but admit to a poor employee vetting process and poor security inside the exchange..

What does this mean for the end user?

It means what it always meant. No matter what was stolen, you should never keep your funds on a exchange.

Your keys, your STEEM. Not your keys, not your STEEM.

? Daily Crypto News, April, 1st?

  • Bitcoin Pushes Past $4,100 as Top Cryptos See Mixed Movements ;
  • Russian Social Media Giant VK Eyes Launching its Own Crypto: Report;
  • Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job;
  • Iran’s Crypto Regulations: What’s Happening Behind Closed Doors;
  • ICOs Raised $118 Million in Q1 2019, Over 58 Times Less Than in Q1 2018;
  • ? Daily Crypto Calendar, April, 1st?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin Pushes Past $4,100 as Top Cryptos See Mixed Movements

Sunday, March 31 — the top 20 cryptocurrencies are reporting mixed, mostly mild, price movements on the day by press time, as Bitcoin (BTC) reaches just over $4,100.


Market visualization

? Russian Social Media Giant VK Eyes Launching its Own Crypto

The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28.


Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. Still, the article also claims that the firm has not yet made a final decision about whether or not to launch the coin.


According to the report, RNS has obtained a presentation from the VK that shows how one of the ways users would be able to obtain the firm’s tokens is in exchange for their activeness and time spent on the platform. According to the article, the coins earned this way could be accumulated, transferred between users, exchanged for goods and converted (presumably to fiat currency) via VK Pay.

? Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.


The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29.

The exchange suspended asset withdrawals and deposits on the platform after noticing the breach.


Bithumb stated:
“All the [stolen] cryptocurrency is owned by the company, and all members’ assets are under the protection of a cold wallet.”

? Iran’s Crypto Regulations: What’s Happening Behind Closed Doors

Under pressure for being months behind schedule, the Central Bank of Iran finally published a draft framework on the legality of cryptocurrencies in late January and welcomed feedback.


While some see the totality of the framework as a step forward, most members of the burgeoning local crypto community are unhappy with much of the specifics. They feel that the framework could severely restrict people and businesses operating in the fast-growing field if it is implemented in its current form.


Among other things, the framework proposes banning the use of global cryptocurrencies and various tokens as methods of domestic payment; requires cryptocurrency exchanges to obtain permits, therefore opening a new avenue for rent-seeking in a country that has already too much of it; and uses the word “forbidden” a lot, which could entail the threat of criminal prosecution.

? ICOs Raised $118 Million in Q1 2019, Over 58 Times Less Than in Q1 2018

About $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal (WSJ) reports on March 31.


The report cites data provided by ICO analytics website TokenData. The WSJ argues that investors have been scared off by regulators’ actions against non-compliant ICOs, as well as by the general bear market over the past year.


One of the latest cases happened in February, when the United States Securities and Exchange Commission (SEC) charged crypto firm Gladius Network with selling unregistered securities after the company self-reported to the commission.

image.png

? Daily Crypto Calendar, April, 1st?

First version of the BTT live product launches in BitTorrent by end of Q1 2019.

“CFT starts trading on the 1st of April, at 4 PM Singapore time.”

Genesis (GENX) maturity-based masternodes go active on block 325,000. This is expected to occur on April 1.

“Decentralized exchange integrated into wallet”

QLC holds Reddit AMA at 2 PM (UTC) following mainnet launch.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

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After the touch on the support line at 0.43$ yesterday we started a nice bounce in direction of the resistance line at 0.49$. To my opinion, the Break Out that we will have soon on the BTC will

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Drug Wars tip #1 // How to stop anyone from attacking you ever. COM week 666

You all heard about the No 1. most glorious STEEM game on STEEM. I will not go into unnecessary detail but i have to say:

Drug Wars is the da bomb. Its the 100 proof alcohol homeless people crave. Its the steroids dumb bodybuilder bouncers crave. Its the sushi Ninjas love.

Damn, arent stereotypes amazing!

At least they didnt try to make the spy unit a reference to James Bond. Looks like Johnny English, has 0 attack, always dies on his first mission.
Haha. What kind of weak ass spy is that? Why even have him wear a suit? Oh no, wait… I get it… He knows he will die 100% when you send him on a mission so hes already wearing a suit for his funeral. #ThinkingAhead!

But thats nor here nor there. Im trying to teach you how to stop anyone from attacking you ever.

So theres this guy that attacked my alt account yesterday. Whooped my ass.

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When everything is summed up, he ended up being 80k alcohol in plus while destroying my team that is worth around 500k in resources. Alrite. Thats cool. He came out in the plus.
But that made me kind of mad. Wiped my whole team for 10 hours of alcohol production!?!
Hell no!

So what i did is the following. I didnt want to destroy his whole team, because that “wouldnt be fair” (didnt want to be a complete dick) but what i did do is be a slightly less jerk and destroy only double the resources he spent on his units then he gained from me.

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I sent a few hundred more Rowdies afterwards.

Now consider this! Who in their right mind would attack you for resources if they knew that you would just destroy double the unit worth of resources they stole from you. No one!

Its a fool proof tactic.

This deserves to be a comedy openmic entry due to Drug Wars being ridiculously bad to the point of laughter. This is not how you set up your battles system, ffs. lol

Keep on Steeming/Whalesharing and doing drugs.. Because doing drugs is much better then playing Drug Wars. Youll live a healthier life.

Am i going crazy?// TRON is starting to look interesting.

Slikovni rezultat za going crazy

Ever since i got on twitter to spread the STEEM gospel in a very aggressive, Spanish inquisition kind of way, where ever i go, the face of a tiny, narrow shoulder Asian follows me. Justin Sun is popping up where ever i turn.

Look, i know Justin Sun looks like a sleazy salesman with questionable knowledge of cryptocurrencies (he has a
Bachelor of Arts in History) but he has been knocking it out of the park lately. He is slowly becoming the face of crypto. When Satoshi is an enigma, the spot is ripe for the taking.


1 mil twitter followers, Tesla giveaways, purchasing Bittorent, spanking Vitalik daily.

Hes in the spotlight 24/7 while Ned is nowhere to be seen. Ned who?
TRON right now is mostly worthless unsustainable gambling dapp ponzies and faked transaction volume but its pretty clear that Justin realizes that and is working to change it.

Theres this IRL law i run across where ever i look:

The less talented the person is in the area they want to excel at, the harder they work to succeed.

While TRON just might be all the negative things folks are saying about it, the “dude” is making moves.

Povezana slika

While Nedboy is picking at his guitar and his nose, Justin is getting people on his side. I mean, ill understand if @ned cant give away a Tesla, but dammit, he can at least scrape up the STEEM for 2 Nissan Micra!

Ill see you around. Keep on Tronning!