CryptoDaily

Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000. from Cointelegraph.com News https://ift.tt/3aRWCQm via IFTTT

Professor of Criminology Roderic Broadhurst found that some darknet market operators may have scruples after all. from Cointelegraph.com News https://ift.tt/2zHEPy9 via IFTTT

The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation. from Cointelegraph.com News https://ift.tt/2KLbFR4 via IFTTT

A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit, from Cointelegraph.com News https://ift.tt/2WaXIBg via IFTTT

Accounting firm Grant Thornton will record intercompany transactions for its clients on the EOSIO blockchain, capturing a small slice of an area worth $40 trillion annually. from Cointelegraph.com News https://ift.tt/2zMWtkg via IFTTT

The XRP Markets Report for Q1 2020 shows the On-Demand Liquidity network is more popular than ever, while Ripple’s XRP sales have hit a new low. from Cointelegraph.com News https://ift.tt/2yfNBTQ via IFTTT

Crypto pioneer Charlie Shrem told Virtual Blockchain Week the combination of the halving and QE will spark a major bull run … but it might take some time. from Cointelegraph.com News https://ift.tt/3bTH8fX via IFTTT

Berlin-based startup Gapless has raised nearly $6 million for the development of its blockchain app for vehicle management from Cointelegraph.com News https://ift.tt/2yWdeZM via IFTTT

Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund from Cointelegraph.com News https://ift.tt/2YiYsXN via IFTTT

The latest positive price developments in the cryptocurrency scene have helped Bitcoin to reclaim its position as the best performing asset in 2020. BTC is currently beating the S&P 500 index, US 10 year treasury bonds, and even gold. BTC’s Recent Price Jump 2020 has been nothing but volatile for the cryptocurrency market. Looking at Bitcoin, for instance, it started the year at approximately $7,100, surged to above $10,000 in mid-February, before plunging hard to $3,700 amid the spread of the novel COVID-19. BTCUSD 4h. Source: TradingView Since those eventful 48 hours in mid-March, however, the leading cryptocurrency has been regaining value. Just a few hours ago, it tested $9,500, before retracing to the current level of about $8,900. In less than two months, Bitcoin has skyrocketed with over 140%. BTC Vs. Gold Vs. S&P500 Vs. US10Y The popular cryptocurrency commentator, Alex Saunders, posted a compelling chart comparing some of the most popular investment options ...

A total of 30 places available for early-stage and mature startups on Tencent’s new blockchain accelerator from Cointelegraph.com News https://ift.tt/2yStmf0 via IFTTT

A lot of withdrawals are surfacing as Bitcoin reverses course to dip 8% from its 24-hour highs from Cointelegraph.com News https://ift.tt/3aJJbSo via IFTTT

The coronavirus pandemic has changed businesses worldwide, and tokenization might be the best tool to adapt to the new world from Cointelegraph.com News https://ift.tt/2ySzWSL via IFTTT

Peter Schiff licks his wounds as Bitcoin smashes gold’s rate of return in its $9.4K bull run from Cointelegraph.com News https://ift.tt/2SlLgxD via IFTTT

Traders are ecstatic as the cryptocurrency markets finally recover from the recent crash of March 12 amid the novel Coronavirus (COVID-19) pandemic. At that time, Bitcoin (BTC) and the altcoins shredded all the profits they have amassed since the start of the year, leaving many in bearish sentiment. Altcoin Crashes Against BTC However, with the current surge, the price levels in the market have returned to the same ones in February, when Bitcoin traded above $9,200. BTC is leading the bull run, posting massive gains of up to 10.34% against the USD in the last 24 hours. At the time of writing, Bitcoin is trading in the $9,000 area. As Bitcoin’s increasing in its USD value, so is its dominance, which currently stands at 65.7%, suggesting that altcoins are losing grounds. Indeed, alternative cryptocurrencies are all bleeding against Bitcoin as the entire market is painted red. Cryptocurrency Market Overview. Source: Coin360.com Siacoin and Streamr DATAcoin Beat BTC While almost al...

A small town in southern Italy has minted their own currency amid the coronavirus lockdown from Cointelegraph.com News https://ift.tt/2KMtuiF via IFTTT

The project goes by the name Tencent Blockchain Accelerator. It is to be a highly important gear-wheel in the Tencent Industrial Accelerator’s endeavor to boost the digital service in the future. Blockchain Accelerator to Mentor 30 New Applicants Launching the daring project, Tencent is aiming at 30 blockchain-oriented companies, developing and providing the necessary tech activities. The multi-dimensional service platform is based on technology, scenarios, business opportunities, and is created to achieve strategic planning, pushing and preparing companies for the industrial environment. The program is already announced on the company’s website, and interested firms and projects have time until June 6 for their applications. The Benefits As pointed out on the company’s website, the perks will consist of professional personal counseling four times per year, plus one-time per year in-depth info on the blockchain business overseas, including a valuable list of similar peers in the ...

160 million USDT coins popped into existence while Bitcoin was ascending to $9,000, while whales transferred $85 million USDT to Binance from Cointelegraph.com News https://ift.tt/2Yi57RT via IFTTT

The last day will not surprise those who are following CryptoPotato since 2016, or those of you who had witnessed at least one real Bitcoin bull-run. When the primary currency decides to turn on its engines – it does it faster than any other asset existing on Earth, or on the blockchain. Bitcoin is now fully recovered from the COVID-19 damage, long before the stock markets. This is the advantage of being a free market’s asset. The same advantage that caused Bitcoin to sink over 50% on March 12 and traders complained why there is no trading-stop mechanism during severe drops, just like on Wall Street. $10,000 Soon? After breaking one resistance after another, including the significant 200-days moving average line back at $8K (the green line on the following daily chart), Bitcoin is now remarkably close to regaining the 5-digit mark. However, before $10,000, there is a significant resistance area around $9600 Bitcoin will have to break. Besides, it is always better to see a steadi...

The Geneva-based Capital Markets and Technology Association moves on from anti-money laundering standards to digital asset custody and management from Cointelegraph.com News https://ift.tt/3bPiixz via IFTTT

Record high spot volume, a breakout above key resistance levels, and institutional demand were among the factors for the 23% BTC price surge from Cointelegraph.com News https://ift.tt/2Wd1WZe via IFTTT

Investors who choose to “loan’ their investment to Telegram for 12 months may be able to redeem it for Grams or another cryptocurrency in future from Cointelegraph.com News https://ift.tt/2yRWOlk via IFTTT

The popular messaging application Telegram has delayed the release of its Gram tokens until April 2021 due to the pressure inserted by the SEC and US district courts. The company is offering two options for investors to reimburse their investments or to allocate them into the messaging app. Telegram Postpones Gram Pavel Durov’s company has sent a letter to all Telegram Open Network (TON) investors – the blockchain network behind the future cryptocurrency Gram. The token will not be issued by the April 30th, 2020 deadline, as previously announced. Consequently, the company offers investors two options: receive a return of 72% of all expenses this year or to convert the funds into shares of the Telegram messenger, including a 10% bonus on top. Telegram plans to engage in further discussions with “the relevant authorities” to sort out all issues regarding TON and the future launch of the Gram token. The firm believes that it will acquire the proper permission prior to April 30th, 20...

Binance’s CZ says that charity initiatives are providing new users with a positive point of first-contact for cryptocurrency from Cointelegraph.com News https://ift.tt/2SfKlP9 via IFTTT

Tether is as safe as holding ‘the Nigerian Trinket, according to trading veteren Peter Brandt from Cointelegraph.com News https://ift.tt/2ybMsfZ via IFTTT

Bitcoin just hit $9,000, marking a staggering recovery of more than 130% from its March bottom from Cointelegraph.com News https://ift.tt/2YhC3df via IFTTT

Waves launched it's second tokenized COVID-19 predictive betting market letting users bet on whether the number of new cases has peaked from Cointelegraph.com News https://ift.tt/2ybBZBf via IFTTT

Speaking at Virtual Blockchain Week, crypto artist Vesa Kivinen encouraged people to approach crypto art as an investment from Cointelegraph.com News https://ift.tt/35sNHDX via IFTTT

Bitcoin.com’s Roger Ver and Tesla’s Elon Musk are leading a tech entrepreneur revolution — but will they be on the right side of history? from Cointelegraph.com News https://ift.tt/3f1fCPr via IFTTT

Bitcoin price rallied $1,100, breaking through key resistance levels and convincing traders that $9,000 will be knocked out before the weekend from Cointelegraph.com News https://ift.tt/3f4Nmvq via IFTTT

A special delegate of the North Korean government has told Cointelegraph that Kim Jong-un is in good health and that Bitcoin will help the regime fight imperialism from Cointelegraph.com News https://ift.tt/35hYosw via IFTTT

It has been a relatively quiet week in the crypto space as the markets continued to range sideways, albeit with a firm tone. Out of the blue, Ebang, a bitcoin mining chip producer, filed for a U.S. IPO after failing to get approval to list its IPO in Hong Kong. It is an interesting move […] CryptoNinjas : Hxro: Crypto Report – The Weekly No. 3 from CryptoNinjas https://ift.tt/3bNCsZ5 via IFTTT

Parkview Medical Center’s system for storing patient information was infected with ransomware and rendered inoperable from Cointelegraph.com News https://ift.tt/2VMGQBR via IFTTT

The most popular video-sharing platform, YouTube, has discontinued the channel of Ripple CTO – David Schwartz for impersonation. Interestingly, the suspension comes only a week after Ripple officially filed a lawsuit against the Google-owned platform. YouTube Strikes Against Ripple CTO YouTube is no stranger to suspending and deleting accounts related to the cryptocurrency industry. Aside from banning digital asset content creators, it seems that the platform is escalating the situation further by doing the same to Ripple CTO, David Schwartz: Weirdly, @YouTube just decided to suspend my channel (SJoelKatz) for impersonation. I wonder who they think I was impersonating. — David Schwartz (@JoelKatz) April 29, 2020 The notice Schwartz received said, “please be aware that you are prohibited from accessing, possessing, or creating any other YouTube accounts.” What’s interesting in this case is the fact that the firm Schwartz works for recently filed a lawsuit against the giant pl...

Anchorage president Diogo Monica discusses the challenges faced by crypto custodians as DeFi protocols demand increasingly complex on-chain activities from Cointelegraph.com News https://ift.tt/2ydbbQW via IFTTT

The tech-heavy stock exchange, Nasdaq, has become the latest traditional stock market to adopt blockchain technology in managing digital assets. Nasdaq Partners R3 According to a Wednesday report, Nasdaq, through a partnership with R3, will use the Corda ecosystem to create marketplaces for the issuance, trading, settlement, and management of digital assets. R3 is an enterprise blockchain technology company. The firm delivers Corda, a next-generation platform powered by industry-leading distributed ledger technology. Nasdaq will integrate the technology into its Financial Framework, which it will use alongside other capital markets grade tools, including matching systems, datacasting, surveillance, and post-trade software. Traditional Markets More Aware Of Digital Assets According to R3’s chief revenue officer, Cathy Minter, financial institutions around the world are becoming more aware and open to the potentials of digital assets. She believes the Nasdaq and R3-powered platfo...

While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a $10 million+ investment from Cointelegraph.com News https://ift.tt/3f0fRu8 via IFTTT

One analyst states that a recent audit of Ethereum wallets indicates a bullish future for the token from Cointelegraph.com News https://ift.tt/3aJJTPD via IFTTT

Could stablecoins and central bank digital currencies offer the only viable alternative to traditional bank accounts? from Cointelegraph.com News https://ift.tt/3bQYzxM via IFTTT

Bullish Bitcoin continues to surprise with a return to $8,000 — not seen for over seven weeks from Cointelegraph.com News https://ift.tt/3bJ6FIy via IFTTT

Recent reports indicate that the Telegram Open Network's operating system will soon be available on major app stores from Cointelegraph.com News https://ift.tt/35dHDyO via IFTTT

Several months after signing the initial partnership agreement, Ripple and Siam Commercial Bank (SCB) officially launched an application called SCB EASY for cross-border payments. Thailand’s oldest bank demonstrated the app’s efficiency by completing a transaction in less than a minute. SCB EASY Is Here The partnership between the two entities became official at the start of the year, as CryptoPotato reported . At the time, SCB said that it will create a mobile application running on Ripple, which will be employed for low-cost cross-border payments. And yesterday, the company behind the third-largest cryptocurrency by market cap, announced the launch of Outward Remittance Service (ORC) via SCB EASY. Per the report, eight of the top ten countries using mobile payments are in Asia. 67% of Thailand’s population has answered in a study that they prefer mobile apps rather than physical payments. And, despite the current shrinking of the tourist sector prompted by the COVID-19 outbrea...

U.K. researchers are testing a COVID-19 proof-of-immunity app that combines blockchain with Tim Berners-Lee’s solid pod technology from Cointelegraph.com News https://ift.tt/3aOxCJI via IFTTT

The Wall Street veteran warns that the rise of stablecoins is distributing ‘IOUs’ throughout the digital asset sector from Cointelegraph.com News https://ift.tt/3fbgCki via IFTTT

Over 200 blockchain projects have been approved by China’s cyberspace regulators from Cointelegraph.com News https://ift.tt/2KIJMcr via IFTTT

For those of you who are trading crypto for a few years, it will not be a surprise. While Bitcoin saw its worst day during March 12, 2020, resulting in more than 50% intra-day loss, it felt like a matter of time until Bitcoin will make its pave back to $8K – the price it was at before the collapse. Just an hour ago, Bitcoin did it: It took a little more than 1.5 months, but Bitcoin captured the $8,000 once again. 120% ROI. As we have seen in our previous price analysis , the bullish momentum was anticipated to reach this zone, but what’s next? The Real Test As of writing these lines, Bitcoin touched $8001 on Bitstamp and retracted a bit: however, once you are reading this, the price of Bitcoin might be different. Bitcoin is now entering a serious zone of resistance between $8000 and $8200. Along with the psychological level of $8K, this tough zone contains the significant 200-days moving average line (light green), and the 100-days MA (white), as can be seen on the following dai...