Day: February 14, 2019

Bitcoin, Ether, and XRP Weekly Market Update February 14, 2019 – BTCMANAGER

boss

The top ten currencies are all in green for the last seven days with the only exception being TRON (TRX). Bitcoin gained 6.2 percent while ether is 18 percent up. The total crypto market cap moved up from $112 billion to $121 billion for the same time period. BTC/USD Bitcoin lost $13 of its value on February 7 and moved down to $3,437, right below the $3,600 to $3,450 price corridor it has been trading in since January 28. On February 8, after two consecutive days of losses, the BTC/USD…

Independent Research Claims to Identify Five QuadrigaCX Cold Wallets

boss

An internet analyst has claimed to have delineated four Bitcoin addresses that belonged to defunct Canadian exchange QuadrigaCX, publishing their findings on Reddit on Feb. 13. The post, by a user known on Reddit as u/dekoze, indicates five addresses allegedly associated with the exchange, noting that the number is just a fraction of the total number of associated wallets. Transactions sent to the addresses roughly equal the amount of Bitcoin Quadriga previously reportedly sent to locked cold wallets by mistake. “Notably, every address was inactive since April 2018 and the…

Here’s How the Gov’t of Seoul is Using a Public Blockchain in the Real-World

boss

The government of Seoul is using ICON, the largest blockchain project in South Korea by valuation, to process information, issue documents, and conduct a wide range of administrative tasks. On February 8, the Seoul Metropolitan Government moved forward with its plans to develop a blockchain ecosystem with the people of Seoul by creating the Seoul Blockchain Governance Team. The Seoul Blockchain Governance Team is composed of 40 college students, 30 normal residents, 20 blockchain developers, and 10 industry experts. The team will develop, test, and deploy distributed ledger-based systems in…

Here’s How the Gov’t of Seoul is Using a Public Blockchain in the Real-World

boss

The government of Seoul is using ICON, the largest blockchain project in South Korea by valuation, to process information, issue documents, and conduct a wide range of administrative tasks. On February 8, the Seoul Metropolitan Government moved forward with its plans to develop a blockchain ecosystem with the people of Seoul by creating the Seoul Blockchain Governance Team. The Seoul Blockchain Governance Team is composed of 40 college students, 30 normal residents, 20 blockchain developers, and 10 industry experts. The team will develop, test, and deploy distributed ledger-based systems in…

Bitcoin and Ethereum Indices to be Added to NASDAQ’s Global Data Service This Month

boss

The leading stock exchange company, Nasdaq has announced plans to include both Bitcoin (BTC) and Ethereum (ETH) to its renowned global data service sometime this month. The support for Bitcoin and Ethereum indices comes after Nasdaq has entered into a partnership with a New Zealand-based blockchain data and research company referred to as Brave New Coin. Brave New Coin will provide data on the two cryptocurrencies from February. The two services Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) are designed to provide “real-time” data the exchange’s Global…

Bitcoin and Ethereum Indices to be Added to NASDAQ’s Global Data Service This Month

boss

Nasdaq has partnered with New Zealand based Blockchain data firm Brave New Coin to add Bitcoin (BTC) and Ethereum (ETH) indexes to its family of 40,000 indexes. The leading stock exchange company, Nasdaq has announced plans to include both Bitcoin (BTC) and Ethereum (ETH) to its renowned global data service sometime this month. The support for Bitcoin and Ethereum indices comes after Nasdaq has entered into a partnership with a New Zealand-based blockchain data and research company referred to as Brave New Coin. Brave New Coin will provide data on…

CFTC’s First Published 2019 Examination Priorities Reveal Major Cryptocurrency Focus

boss

United States regulator the Commodity Futures Trading Commission (CFTC) has announced cryptocurrency will form a priority for its internal examinations this year, according to a press release published on Feb. 12. The CFTC, which has released its examination priorities for the first time in 2019, will include various crypto-related aspects in its Division of Market Oversight (DMO), Division of Swap Dealer & Intermediary Oversight (DSIO) and Division of Clearing & Risk (DCR) papers. According to the press release, those priorities pertaining to cryptocurrency include cryptocurrency surveillance practices, as well as…

$70 Million Capital Requirement for Bitcoin Futures Sparks Anger

boss

Cryptocurrency traders are unhappy with regulators in Indonesia after it emerged Bitcoin (BTC) brokers now needed over $70 million to launch futures trading. Local English-language news outlet Jakarta Post reported on the development on Feb. 14. Following new regulations which came into effect last October, trading platforms wishing to offer cryptocurrency-based instruments can do so, while cryptocurrency use remains banned. However, in a surprise addition to the final bill, those trading platforms are required to have 1 trillion rupiah ($71.17 million) minimum capital. This, objectors note, dwarfs the equivalent capital…

Bitcoin Price Watch: BTC Set For Further Gains, Downsides Limited

boss

Bitcoin price stayed above the key $3,560 support area, with range moves against the US Dollar. This’s week’s followed bearish trend line is intact with resistance at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could gain bullish momentum if there is a proper close above $3,590 and $3,600. Bitcoin price is trading nicely in a bullish zone above $3,560 against the US Dollar. BTC is likely to accelerate gains above $3,600 as long as the price stays above the $3,540 support. Bitcoin…

Ripple Price Analysis: Upsides In XRP Remain Attractive To Sellers

boss

Ripple price climbed higher, but it failed near the $0.3100 resistance area against the US dollar. There is a new connecting bullish trend line formed with support at $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break the $0.3000 support and accelerate losses towards $0.2910 in the near term. Ripple price remained below key resistances against the US Dollar and Bitcoin. XRP/USD may correct higher, but upsides are likely to face a strong selling interest near $0.3100. Ripple Price Analysis In the…