Daily News Digest Featured News

Monday March 25 2019, Weekly News Digest

Crypto data

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United States

International

European Union

Asia

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United States

Coinbase Releases IRS Guidance to Reporting and Paying Cryptocurrency Taxes for Investors (Bitcoin Exchange Guide), Rated: AAA

Cryptocurrency exchange, Coinbase has shared a tax guide for the US investors only as crypto taxes are treated differently from country-to-country.

Coinbase-Backed Stablecoin Claims Rivals Deceptively Pump Market Caps (CCN), Rated: AAA

According to Nevin Freeman, chief executive officer of Reserve, a Coinbase-backed stablecoin, many of his rivals artificially inflate their market caps and trading volumes, creating misleading data on crypto-tracking sites like CoinMarketCap and The Stablecoin Index.

Recent examples of discounting tactics include Paxos and Gemini, both of which offered select over-the-counter (OTC) trading desks 1% discounts last year to kickstart adoption.

Crypto data

TETHER’S ALLEGED WASHING MACHINE

XRP Signaling Significant Bearish Break (Live Bitcoin News), Rated: AAA

Ripple price is under a lot of selling pressure against the US Dollar. XRP broke the $0.3155 support and moved into a bearish zone, with a negative bias.

There was no test of the 50% Fib retracement level of the last slide from the $0.3286 high to $0.3083 low.

Ripple
Source: Live Bitcoin News

Is Ripple (XRP) Crumbling? (NewsBTC), Rated: AAA

Ripple Inc promotes three of their central solutions to financial institutions and payment processors. Of the three, xCurrent is widely used. However, if XRP as an asset is to thrive, then banks must use the xRapid network. While offering the same end to end encryption, the solution uses XRP as a means of exchange.

A month after dropping from 34 cents, Ripple (XRP)sellers are clearly in charge.

Ripple
Source: NewsBTC

Bitcoin (BTC) Dominance Falls to 50% (Smartereum), Rated: A

The dominance level of Bitcoin (BTC) is now hovering around 50 percent. Bitcoin (BTC) dominance is reducing because of the increasing competition in the market. More altcoins are emerging almost every day.

Litecoin Boom Past $ 60 Could Set Bitcoin (BTC) Up For A Surge (NewsBTC), Rated: A

In mid-December, LTC was trading at a mere $23. But since that December 14th, which many saw as the bottom for this budding market, the asset, often deemed a silver to Bitcoin’s gold, has decidedly surged. Litecoin now sits at a hefty $60 — up 160% off its lows from a U.S. dollar standpoint, and up 110% BTC-wise.

LTC and BTC
Source: @HaloCrypto on Twitter

Three Bold Predictions To Track In The Digital Currency Frontier (Forbes), Rated: AAA

We’re in the midst of a massive shift regarding the manner in which we conduct financial transactions in our culture. Whether heated examination of the rise of a cashless society to debate about implications of universal basic income to new forms of encrypted currency; money, particularly as it intersects with heightened areas of our cultural values, has never been a hotter topic.

  1. There is the idea that U.S. is behind in regulations around digital currency, yet Telpner says that the country is not nearly as behind as much as people think. He noted that the SEC Commissioner is planning to focus even further on guidance and clarity in the space. Therefore, we should expect to see announcements soon from SEC on what forms of digital currency should be categorized as tokens and which should not.
  2. The CFTC (Commodity Future Trading Commission) will become more involved in the token space given that this collective regulates commodities.  Telpner believes that many tokens are, in reality, most likely commodities. As more proof becomes available as to which tokens are, in fact, backed by commodities, watch for the CFTC to generate input on its thoughts and considerations.
  3. Stablecoins are neither commodities nor securities, according to industry experts. Thus, Telpner cautions to watch for a regulatory focus will specifically on how these specific forms of digital currency will be regulated in the near future.

VISA to enter crypto payment solutions, hunting industry experts to spearhead operations (NameCoin News), Rated: A

Payments solutions behemoth VISA Inc. is set to enter the digital currency space and is looking for industry experts to spearhead this movement. The company will join the long list of major corporations which have shown interest in blockchain technology and digital tokens. In the recent past, multinational companies like IBM, JPMorgan, HSBC, Facebook, Apple, etc., have entered the realm of blockchain and digital currency.

BlockFi Disappoints BTC and ETH Whales by Lowering Interest on Deposit Accounts (Cryptoglobe), Rated: A

FinTech startup BlockFi has decided to lower the interest rate it offers on its Bitcoin (BTC) and Ether (ETH) deposit accounts from 6.2% annual percentage yield (APY) to 2%—but only for some account holders.

Cosmos Launched (Cosmos on Medium), Rated: A

Cosmos Hub launched, yay!

After the launch of Cosmos Hub and the listing of its native token Atoms, we have seen a distribution of voting powers skewed in a way we have not expected. I have voiced my view through a longest tweet in my life on Twitter:

https://twitter.com/terencesflam/status/1106298432866541568

Blockchain Is Bigger Than The Gutenberg Press And The Internet, Says Overstock CEO (Invest in Blockchain), Rated: A

Overstock CEO Patrick Byrne is a well-known crypto enthusiast, who has the long-term growth of the market in mind. In a recent interview with Bitcoin.com, he showered glowing praise on the capabilities of blockchain to remove trust from economic systems and distribute power to the masses.

Byrne called the blockchain revolution “bigger than the Gutenberg press and bigger than the internet,” a bold claim that he believes is backed by blockchain’s potential to give us an unprecedented means to trade value:

Chicago Mayor and Former Obama’s Chief of Staff Rahm Emanuel says Cryptocurrency Adoption is Inevitable (Blockmanity), Rated: A

Mayor of Chicago and former Obama’s chief of staff Rahm Emanuel recently talked about Cryptocurrencies in a recent debate on the city’s Fintech movement. He stated that he sees the adoption of Crypto as inevitable, reports Forbes.

MetaMask Broadcasts Users’ Ethereum Addresses to Visited Websites (Bitnews Today), Rated: A

“It sacrifices the privacy of everyone in the system because sites like Amazon, Google, PayPal, and others can link your blockchain transactions to credit card payments, thereby your identity, and the identity of the last person you transacted with – a person who wants to remain anonymous.”

The Gladius Network Cease & Desist Order and the SEC’s Map for ICO Remediation (Crowdfund Insider), Rated: A

For the third time since November 2018, on February 20, 2019, the SEC issued a cease and desist order relating to an initial coin offering (ICO) which set forth the steps for remediation of an unregistered securities offering, this time for Gladius Network, LLC (the “Gladius Order”).

A Split Emerges In Blockchain Law: Wyoming Approach Versus Supplemental Act. (Forbes), Rated: A

After the article was published, leadership from the Uniform Law Commission (ULC) contacted my editors and me to advise about inaccuracies in the article. The Uniform Law Commission alleges that the article is inaccurate because it misstates the:

  • Uniform Law Commission mission;
  • Mandatory use of an intermediary; and
  • Drafters of the UCC.

I believe the ULC’s concerns to be without merit and explain below, addressing the first and third points first.

International

Crypto Market Deep in The Red After Trading in The Green Over the Weekend (Smartereum), Rated: AAA

The past weekend was indeed an interesting one in the digital currency market. After plunging deep and trading in the red in the course of the week, almost all the top twenty coins were in the green over the weekend. Some of the digital currencies even recorded double-digit gains. Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) – the first, second, and third largest coins by market cap, were also in the green.

Sluggish Bitcoin Price Creates Bullish Opportunities for Wider Crypto Market (CCN), Rated: AAA

In the past 24 hours, the Bitcoin price has remained stable above the $4,020 mark, unable to break out above a key resistance level at $4,200. Meanwhile, a handful of crypto assets and tokens recorded gains in the range of 5 to 30 percent.
Bitcoin price chart

Polymath, the best performing crypto asset on the day, recorded a 31 percent gain against the U.S. dollar, with most of the volume coming from Upbit, a major cryptocurrency exchange in South Korea.

Polymath

IT’S ABOUT TIME DAPPS UNLOCKED THE MASS-MARKET MOMENTUM FOR BLOCKCHAIN (Bitcoinist), Rated: AAA

There’s more to Blockchain technology than Bitcoin and other cryptocurrencies. At its fundamental level, Blockchain technology engenders trusts in inherently trustless environments. Protocol blockchains such as Bitcoin, Ethereum, EOS, GoChain, Steem and xDai have provided a launchpad for developers to work on DApps. DApps are typically open source applications not owned by anyone, immune from downtimes; and that cannot be shut down by a government or its agencies.

Right now, there are more than 2000 DApps designed to solve specific market problems across industries such as health, data storage, finance, gaming, and governance.

From a trading price of $1.18 in 2015, Ethereum rose as high as $1,137 in January 2018 and it has booked almost 12,000% gains despite its decline in the last one year. Ethereum could also be credited with triggering the explosion in token sales that were used promote some DApps in 2017-2018 frenzy.

Dapps
Source: Bitcoinist

EOS appears to be the most popular DApps platform; yet its top 5 DApps only have a combined 54,304 users in the last 24 hours. The top 5 DApps on Ethereum have 11,893 users over the last 24 hours and the top 5 DApps on Steem only have a combined 16,074 users in the last 24 hours.

blockchain Dapps
Source: Bitcoinist

Binance CEO Explains Why So Many Bitcoin and Crypto Exchanges Are Reportedly Faking Volume (The Daily HODL), Rated: AAA

Cryptocurrency index and beta fund provider Bitwise dropped a bombshell report on Wednesday that finds 95% of volume on unregulated crypto exchanges is likely fake. Bitwise is currently seeking approval for a Bitcoin exchange-traded fund proposal, and submitted the report to the US Securities and Exchange Commission.

crypto exchanges
Source: Source: SEC / Bitwise

37 altcoins that have outperformed Bitcoin in 2019 (Chepicap), Rated: A

In this group, there are 36 cryptos which have performed better than Bitcoin in 2019, which at writing time sits at around $4,070, up about 6% from its early January levels around $3,840.

Outperforming Bitcoin by 6 to 10%

The first crypto by market cap has been performing much like a group of tokens composed by NanoBytecoinOmiseGODecred or Lisk, all of which have increased their market caps in between 6 and 10%.

Outperforming Bitcoin by 10 to 20%

In the next group of coins, there are projects which have outperformed Bitcoin from more than 10% and less than 20%AeternityNEOTRONMoneroDash and Qtum are the components of this pack.

Outperforming Bitcoin by 20 to 60%

There are 12 coins with a current market cap over $100 million that have fared better than Bitcoin by a 20 to 60%, namely Chainlink, Maker, Basic Attention Token, Pundi X, EOS, ICON, VeChain, Bytom, Komodo, Tezos, BitShares, Cardano, and DigiByte.

Outperforming Bitcoin by more than 60%

The top 12 coins are Enjin, ABBC, Crypto.com Chain, Ravencoin, THETA, Binance Coin, Holo, Huobi Token, Ontology, Litecoin, Augur and Steem.

OKEx Introduces Its Own Decentralized Exchange and Blockchain Platform (CryptoNewsZ), Rated: A

OKEx, the leading global digital asset exchange, has declared that it will soon be introducing its own blockchain platform along with a decentralized exchange. While the forhttps://blockchaintimes.news/?p=12407&preview=true#heading-39https://blockchaintimes.news/?p=12407&preview=true#heading-39https://blockchaintimes.news/?p=12407&preview=true#heading-39mer will be referred to as OKExChain, the latter would be called OKDEx.

Now, People Can Use IOTA (MIOTA) to Purchase via Apple Pay and Samsung Pay (CryptoNewsZ), Rated: A

IOTA Foundation has announced its partnership with a London-based fintech firm named Zeux. This partnership will enable the use of MIOTA as a means of in-store payment.

BIS CHIEF DOESN’T WANT CENTRAL BANKS TO ISSUE CRYPTOCURRENCY (Bitcoinist), Rated: A

Agustin Carstens really doesn’t want anything to upset the status quo. You know, the one in which he’s the head of Bank for International Settlements – the central bank of central banks. It’s also an organization that makes a fortune if there isn’t an easy and cheap way to make international payments. You know, like, for example, cryptocurrency.

PwC Partner: Central Banks Should Leave Cryptocurrencies to Corporations like Facebook, JPMorgan (CryptoNewsZ), Rated: A

Pauline Adam Kalfon, a partner in the division of PricewaterhouseCoopers (PwC) in France, has submitted that it should be the private organization, such as Facebook and JPMorgan, who is involved in the digital currency issuing process (in this cases, encrypted currencies).

IBM launches global blockchain-based payments network (Computerworld), Rated: A

IBM today unveiled Blockchain World Wire, a near real-time global payments network based on distributed ledger technology (DLT) for regulated financial firms.

The blockchain-based network will offer a new way for cross-border payment exchange and international settlement. (The settlements can be done in five to 10 seconds.) The network is currently able to transfer funds to more than 50 countries using 47 digital coins backed by fiat currencies.

A failed ICO is trying to flog itself on eBay (Financial Times), Rated: A

For as little as $60,000, a slice of history could be yours.

That’s the starting price in an eBay auction for all the documents, all of the branding, all of the strings of 1s and 0s, and all the broken dreams of an initial coin offering (ICO) that never managed to sell a single token.

We called up Ivan Komar, the founder of the rather wonderfully named “Sponsy” that is now selling itself off. We asked him why the project, which he founded two years ago when he was just 19, hadn’t worked out.

Tor Digital Privacy Project Accepts Donations in Cryptocurrency (CoinTelegraph), Rated: A

Tor digital privacy software is now accepting donations in various cryptocurrencies, as a new crypto donational portal appeared on the project’s website on March 18.

The site now accepts nine major cryptocurrencies, namely Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Stellar Lumen (XLM), Augur (REP) and Zcash (ZEC).

R3 Director of Research Shares Insights into the Blockchain Revolution (EIN News), Rated: B

R3’s Director of Research Antony Lewis cuts into the hype of blockchains in his bestselling book The Basis of Bitcoins and Blockchains. Download an extract to uncover the true influence the technology will have on both financial services and other industries (http://bit.ly/2O3fTEl).

• Examine areas where DLT will cause major transformation such as cryptocurrencies, business blockchains & tokenisation of assets
• Explore the differences between private and public blockchains so that you are in a better position to consider the most appropriate option for your business
• Examine the benefits different blockchains will bring to your business including reduction in cost and risk, increased revenue and creation of new business models
• Analyse what the future looks like for payments and how smart contracts will play an essential role in this
• Discover the current situation with ICOs and the crypto space to gain an up to date understanding of the regulation and standardisation guidance

European Union

Binance Changes Launchpad Token Sale Format to Lottery (CoinTelegraph), Rated: AAA

Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24.

Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left many users who joined high-demand sale queues without tokens.

Binance (BNB) Coin Gains 15%, Exponential Rise Continues With This New Update (CoinGape), Rated: A

Binance (BNB) Coin continues its rise with the announcement of a new update to the Binance LaunchPad Token Sale Platform. The price of Binance (BNB) Coin at 4: oo Hours UTC on 25 March 2019 is 17.08 dollars. It is trading 14.2% higher on the daily scale. The total market capitalization of the Binance (BNB) token is nearing $2.5 billion.

Binance Coin
Source: Coinmarketcap

Ether Sighting Bullish Break (ETH News), Rated: AAA

This past week, there were a few bearish moves in ETH/USD after it failed to settle above the $140.00 resistance. There was a sharp decline below the $135.00 support, but the pair recovered nicely after trading as low as $132.80.

ETH/BTC also declined in the past few days below the 0.0350 BTC and 0.0345 BTC support levels. The pair tested the 0.0340 BTC support level and is currently consolidating near the 0.0342 BTC level.

Ethereum price forecast
Source: ETH News

ETH Could Jump If It Closes Above 100 SMA (NewsBTC), Rated: AAA

Recently, there was a slow decrease in ETH price after it failed to clear the $138 resistance against the US Dollar. The ETH/USD pair formed a couple of lower highs and declined below the $136 support level. There was even a close below the $136 support and the 100 hourly simple moving average. The price traded close to the $134 support, where buyers emerged and protected further losses. Later, the price corrected higher above $135 and the 23.6% Fib retracement level of the recent decline from the $138 high to $134 low.

Ethereum
Source: NewsBTC

Ethereum Price Predicted to Climb in the Long Run as Buterin Explains Need for Higher Coin Values (U.today), Rated: A

Vitalik Buterin, the co founder of Ethereum, has come out and said that while the priceof a coin is not that important, it is still a good thing for ETH to rise. He made mention of security, and the ecosystem development being better when the price of Ethereum is higher.

What is Happening in Ethereum? Vitalik Buterin Cashed Out $ 40 Million in ETH (Smartereum), Rated: A

The data revealed that since the year 2015, Ethereum’s Vitalik Buterin has cashed out 544,998 ETH. While $9 million was cashed out before June 2015, the remaining $40 million was cashed out between June 2015 and February 2018. The Buterin Ethereum wallet is currently worth $50 million. However, when the price of cryptocurrencies hit their all-time highs in 2017, the net worth of the account was about $500 million.

Successful Cardano 1.5 Upgrade Causes 22% Price Surge (Cryptoglobe), Rated: AAA

Cryptocurrency enthusiasts paying attention to Cardano (ADA) may have noticed the cryptocurrency’s price went up over 22% in the last seven days, helping it become a top ten cryptocurrency by market cap.

According to CryptoCompare data, Cardano’s price went from roughly $0.049 to about $0.061 at press time, after falling from a high of little over $0.07. In the last 30 days, the cryptocurrency is notably up over 32%.

Cardano CryptoCompare
Source: Cryptoglobe

Interview with Komodo’s CTO, How Atomic Swaps Will Change How Cryptocurrency is Traded (Cryptoslate), Rated: A

CryptoSlate interviewed Kadan Stadelmann, chief technical officer at Komodo Platform, on why atomic swaps could transform how cryptocurrency is exchanged. The interview also covered how the Komodo team is surviving the down market and his predictions about the future of crypto and blockchain.

Nexo Starts Letting Investors Earn 6.5% Interest on 5 Stablecoins (Cryptoglobe), Rated: A

Nexo (NEXO), a Zug, Switzerland-based startup that provides “instant” cryptocurrency-backed loans, has announced that it will start paying interest in five different stablecoins.

France: Central bank could issue digital currency after corporation battle-testing (Coin Rivet), Rated: A

France’s central bank is unlikely to issue its own digital currency in the near future, according to Pauline Adam Kalfon, a blockchain and financial services partner at PwC.

Swiss Federal Council Votes To Adapt Current Financial Regulations To Include Cryptocurrencies (The Tokenist), Rated: B

The Swiss Federal Council officially voted 99-83 (with 10 abstentions) to adapt its current financial regulations to cover cryptocurrencies.

The vote proposed that existing “procedural instruments of the judicial and administrative authorities” should be adjusted “so that they can also be applied to cryptocurrencies”.

United Kingdom

Company Tokens Are Not True Cryptocurrencies! (Cryptosumer), Rated: A

When companies like JPMorgan Chase or Facebook issue “cryptocurrencies,” everyone gets excited.

  • When the distributed ledger (network) is public and open — like Bitcoin, Ethereum, EOS or Tron — it always has a publicly traded cryptocurrency.
  • When the distributed ledger is private and closed, like the recently announced JPM Coin or Facebook Coin, that’s a different story entirely.
China

China’s Gov. Institute Releases Cryptocurrency Ranking: EOS First But Bitcoin (BTC) Not Even In Top 15 (Invest in Blockchain), Rated: AAA

China has released yet another one of its crypto rankings, which, like previous rankings, do not place Bitcoin and some more generally well-respected cryptocurrencies and assets very highly.

China’s Center for Information and Industry Development (CCID) released the ranking on March 22, its eleventh published list after the rankings began in May 2018.

Topping the list, and keeping its spot, is EOS despite Block.one CEO Brendan Blumer saying that its development will take time, and its less than perfect mainnet launch. A Diar report shows that, among Proof-of-Stake projects, EOS has the most staked funds.

In second place is the TRON (TRX) project.

Ethereum Third (CoinTelegraph), Rated: A

China has released its latest government-sponsored rankings of major cryptocurrencies on March 22, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. Tron (TRX) came in second, after overtaking Ethereum (ETH) in February.

Bitcoin community up in arms over China’s latest crypto rankings (Chepicap), Rated: A

Mike Dudas from The Block joked that the Chinese government and FlipsideCrypto must be using the same algorithm, referencing a debacle in which the latter slammed Bitcoin while praising smart contract platforms.

Chinese Crypto Project Ranking Recognizes EOS and TRON as Top Rated Currencies (CryptoNewsZ), Rated: B

Bitcoin Cash also dropped from 27th to 31st spot and had scored 82.1. Other cryptocurrency projects that made it to the top ten include Bitshares, Nebulas, Ontology, NULS, GX Chain, NEO, and Steem.

Huobi Capitalizing on New Cryptocurrency Fundraising Fad (Be in Crypto), Rated: A

Cryptocurrency exchange Huobi is set to launch its new service for token offerings, called Huobi Prime, on March 26, in a bid to capitalize on the emerging trend.

Australia

AUSTRALIAN BANK ANZ STILL DOESN’T UNDERSTAND BLOCKCHAIN TECHNOLOGY (Bitcoinist), Rated: A

According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto.

APAC

Switcheo updates token listing policy to protect traders and increase liquidity (NEO News Today), Rated: AAA

Switcheo has announced an update to its guidelines for listing tokens, which is designed to “protect traders interests as well as to encourage better liquidity.” Switcheo is removing current listings that don’t meet the new standards, while concurrently adding new tokens that do adhere to the guidelines.

Switcheo has announced an update to its guidelines for listing tokens, which is designed to “protect traders interests as well as to encourage better liquidity.” Switcheo is removing current listings that don’t meet the new standards, while concurrently adding new tokens that do adhere to the guidelines.

What To Look For Cryptocurrencies In India In 2019? (BTC Wires), Rated: A

India has been emerging as the hub for globalization, thanks to its dense population where the majority of the population fall under the category of youth, i.e below 25 years of age. This makes the country a thriving global market where the majority of the companies look to launch their products with purely Indian customers in focus.

Is it possible make profits just by holding crypto? (Medium), Rated: A

Coindcx announced Thursday that its crypto lending program called Dcxlend has come out of the beta testing phase and is now fully launched. Five cryptocurrencies are supported: BTC, USDT, ETH, XRP, and BNB.
The exchange’s website currently displays monthly interest rates of 2 percent for BTC, 1 percent for USDT, 1 percent for BNB, 0.75 percent for XRP, and 0.75 percent for ETH.

11 Fintech and Blockchain Events in the Philippines to Attend in 2019 (Fintech News), Rated: A

Philippines is described by some as a hidden gem in the South East Asian fintech scene, our previous Fintech Philippines 2018report demonstrates that this archipelagic nation has all the recipes in place for a booming fintech sector.
A similar report published by the Milken Institute also suggested that Philippines will be entering a new phase of development.

Vietnam To See Its First Fully-Authorized Digital Currency Trading Platform, Thanks To Linh Thanh (Smartereum), Rated: B

According to a report, Vietnam is about to see its first fully-authorized digital currency trading platform, thanks to Linh Thanh Group. Linh Thanh Group is the largest distribution firm in Vietnam. To establish the first fully-authorized digital currency trading platform in Vietnam, the firm is partnering with KRONN Ventures. KRONN Ventures is a blockchain firm based in Switzerland.

MENA

Sand, Death and Cryptocurrency: Life in a Decentralized Syria (CoinDesk), Rated: AAA

I had previously written about the potential of blockchain and cryptocurrency in Rojava. I felt that while the region lacks the basic security and resources offered by the West, it has something the West doesn’t have – the opportunity for a new system of governance to be realized.

With this in mind, I spent a little over a month trying to get into the country to volunteer my skills, both in media and crypto, to a new network of technological academies being developed in the region.

Blockchain Solutions and Services LLC Deploys First Blockchain Platforms in Oman (Unlock), Rated: AAA

BSS (Blockchain Solutions and Services LLC), Information Technology Authority (ITA) of Oman, and technology service provider Omantel jointly announced the deployment of the national HyperLedger Fabric Platforms to speed the digital innovation efforts in the Sultanate of Oman.

Oman blockchain
Source: Unlock

Iran Welcomes Tourists By Integrating Cryptocurrencies Within Its Tourism Sector (Bitcoin Exchange Guide), Rated: A

BTC Manager provides an example of said firm as being, IranByBit, which is supposedly operated by a group of Iranian millennials who believe that the country should also have an opportunity in competing against others within the crypto industry.

Another example that resides within the crypto sphere is Rmoney, a novice crypto exchange.

SmartDubai receives 700 applications for Blockchain Challenge (Unlock), Rated: A

SmartDubai recently tweeted that for its upcoming Blockchain Startup Challenge 2019 ,it has received more than 700 applications from over 79 countries. The number of applications has been growing exponentially since SmartDubai first launched the challenge back in 2017.

#TechBytes: 5 handy Chrome extensions for cryptocurrency investors (MENAFN), Rated: B

Crypto Price Tracker to keep an eye on markets
Extension #1

MetaMask and Badger for cryptocurrency transfers
Extension #2

Cryptonite: Online Identity Protection
Extension #3

No Coin for preventing illegal mining
Extension #4

Privacy Badger to disable trackers, ads
Extension #5

Canada

Is Bitcoin Poised for a Big Bull Run? (The Motley Fool), Rated: AAA

Goldmoney (TSX:XAU), a financial technology company involved in precious metals trading, started offering Bitcoin and crypto trading on its platform in late 2017. This month, Goldmoney announced that it would cease offering Bitcoin and other crypto trading.

The loss of faith from a prominent fintech company is a troubling sign.

New crypto wallet launched by Blockstream (Learn CFDs), Rated: B

With new developments in the world of crypto eagerly watched by CFD traders who favor forex transactions based on digital currencies, the news that blockchain tech company Blockstream has launched a new wallet will be of interest. Known as ‘Blockstream Green’, the new crypto wallet is available for download for use on both iOS and Android platforms and devices. It features 2-of-2 multisig security alongside two-factor authentication and a range of other features, including hardware wallet support.

Eurasia

Russia Postpones Parliamentary Reading of Crypto Regulation Bill (CCN), Rated: AAA

The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week.

Latin America

Cryptofacil’s new exchange debuts with Bitcoin SV (Coingeek), Rated: AAA

A new cryptocurrency exchange has launched, and in a key move, have listed Bitcoin SV (BSV) at launch. Cryptofacil provides customers in Latin America and the Caribbean a reliable, fast and secure platform to trade cryptocurrencies, and has four BSV pairs on offer.

Authors:

George Popescu
George Popescu
Allen Taylor
Allen Taylor

About the author

Allen Taylor

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