The widely tracked MACD bitcoin price indicator has turned bearish for the first time in seven months.
Key Bitcoin Price Indicator Turns Bearish in First Since December
Binance Eyes Launch of Crypto Exchange in South Korea
Binance is “working with local partners” on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said.
Crypto Companies Offer Deals to Amazon Prime Day Shoppers
These three blockchain firms are offering discounts in honor of the Amazon ecommerce extravaganza.
Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech
U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users’ data from “exploitation.”
Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering
They don’t exist yet, but you can soon buy Polkadot tokens from CoinFLEX via a new mechanism: the initial futures offering (IFO).
Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy
Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.
Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy
Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.
Huobi’s Burns 116 Percent More Tokens Amid Quarterly Revenue Gains
“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line,” said Huobi Group CEO, Leon Li.
<h1>Vitalik Buterin Suggests Using The Bitcoin Cash Blockchain For Ethereum ‘Data Layer'</h1>
As a temporary solution to Ethereum’s scaling issues, Vitalik Buterin has suggested using the Bitcoin Cash blockchain as a data layer where transaction verification takes place.
<h1>FTC, Facebook Land On $5 Billion Cambridge Analytica Settlement</h1>
The Federal Trade Commission has agreed to hand out a $5 billion fine on Facebook regarding its handling of user privacy during the Cambridge Analytica data breach. The Justice Department is now expected to review and approve the settlement.
Crypto Genius or Fake? The Craig Wright Saga Explained
Craig Wright may or may not be Satoshi Nakamoto but his appearance in court doesn’t bode well for the cryptographer.
US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra
In a press conference Monday, Mnuchin voiced the Trump administration’s concerns with Facebook’s Libra and cryptocurrencies like bitcoin.
Set Protocol Launches Ethereum Trading Strategy Bots
The ETH 20 Day Moving Average Set acts as a “tokenized trading bot,” said Felix Feng, Set Protocol CEO.
What to Expect When Congress Grills Facebook on Cryptocurrency
The Congressional hearings on Facebook’s Libra are likely to focus more on the company’s privacy failings than broad crypto policy questions.
<h1>Tether Accidentally Printed $5 Billion Worth Of USDT</h1>
While helping the crypto exchange Poloniex move $50 million worth of USDT from the Omni blockchain to the Tron blockchain, Tether inadvertently printed $5 billion worth during the transfer, citing human error.
<h1>What Congress May Want To Know About Facebook’s Libra</h1>
With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra’s classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project.
<h1>House Committee Discusses Preventing Big Tech Companies From Issuing Crypto</h1>
Members of the House Financial Services Committee are discussing the possibility of introducing legislation that would bar large technology institutions in the US from issuing cryptocurrencies.
<h1>Two Seed CX Derivatives Receive New York BitLicense</h1>
Seed Digital Commodities Market LLC and Zero Hash LLC, subsidiaries of the crypto derivatives provider Seed CX, have both been granted BitLicenses from the New York Department of Financial Services. The department has now issued over 20 BitLicenses since it was introduced in 2015.
New York Grants Bitlicense to Institutional Crypto Exchange Seed CX
NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.
Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
Japan has set up a working group to examine the issues raised by Facebook’s Libra cryptocurrency project ahead of a G7 meeting this week.