Saturday, January 19Your Daily Bitcoin & Altcoin News Portal
OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

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Please share if you find this article interesting. OECD Calls for ‘Delicate Balance’ in Global ICO Regulation The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15. The document calls for regulatory clarity and a supervisory framework for ICOs, defining such moves as “a stepping stone to their safer use for financing purposes.” The report also underlines the importance of standardized disclosure requirements, enhanced investor protection Anti-Money Laundering (AML) and Counter Terrorist Financing (CFT) measures. A separate document dedicated to the highlights of the report states: “A delicate balance will need to
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Crypto Prices See Calm as ZB.Com Bypasses Binance to Become Top Exchange

Crypto Prices See Calm as ZB.Com Bypasses Binance to Become Top Exchange

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Please share if you find this article interesting. Crypto Prices See Calm as ZB.Com Bypasses Binance to Become Top Exchange Friday, Jan. 18 — crypto markets continue to see calm, with all top ten coins seeing mixed 24-hour price changes capped within a 3 percent range, as Coin360 data shows. Market visualization from Coin360 On CoinMarketCap (CMC)’s crypto exchange rankings by adjusted daily traded volumes, however, some major upheavals are underway. Today, Chinese exchange ZB.com saw an 80 percent surge in 24-hour trade volume to hit ~$606.7 million, and displacing Binance as top exchange on CMC. ZB.com is currently ranked the largest exchange globally; however, during the time of writing, a separate China-based exchange, LBank, has flickered in and out of the top spot, at seve
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Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10 Bitcoin Price in a $300 range modeShapeShift bombarded with US DoJ subpoenas in Q4 2018Transaction volumes dip, moving averages slide from 18k to 14k in four daysParticipation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we retain a bullish outlook expecting breakouts above $3,800 as Bitcoin rally to $5,000.Bitcoin Price AnalysisFundamentalsThe US is the world’s largest economy, and as one of the major players in crypto, their regulatory stand can influence asset performance. We can draw examples from their sanctions on Russia and Iran. Their economies suffered as a resu
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Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day Ripple prices in a 2 cents trade range below 34 centsMercury FX demonstrates the power of XRPPrices ranging as daily average trading volumes drop t0 23 million—streams from BitFinexAlthough the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and with Mercury FX moving huge sums from the UK to Mexico using XRP, it seems like we are on the early stages of widespread adoption.Ripple Price AnalysisFundamentalsToday marks the seventh day of an energy-sapping consolidation that began after Jan 10 sharp falls. All the same, with last year value erosion, investors, as well as the tr
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Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report

Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report

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Please share if you find this article interesting. Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17. Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans to apply for a digital asset operating licence from the country’s Ministry of Finance within the year. According to the plan, SET’s member securities firms will be able to apply to become brokers and dealers for trading on the new digital asset exchange. As a representative of the securities industry, Dilokr
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Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange

Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange

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Please share if you find this article interesting. Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange Major crypto exchange Binance plans to expand to eight new countries in 2019, according to a report from crypto outlet The Block, Jan. 17. Following the report, a Binance spokesperson has declined to confirm six of the alleged locations in comments to Cointelegraph today, Jan. 18. Just a day after the major cryptocurrency exchange launched its new European-focused platform for fiat-crypto trading in Jersey, The Block published a report that included a screenshot of a spreadsheet allegedly outlining all the locations for Binance’s fiat-crypto exchanges that are already-launched, intended and under consideration. In addition to Uganda — which launched in Octobe
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Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members

Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members

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Please share if you find this article interesting. Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members United States-based blockchain startup Spring Labs announced sixteen fintech companies had joined its partner program prior to the release of its Spring Protocol in a press release Jan. 17. Spring Labs, which last year raised $15 million in funding, aims to release anti-fraud technology in the form of private P2P data sharing technology, powered by blockchain. At the same time, it has convened the Spring Founding Industry Partners (SFIP) Program, a research effort comprised of partners aiming to further reduce data fraud and boost security prior to the Protocol’s public release. Now, a further sixteen small businesses and consumer fintech lenders hav
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Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report

Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report

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Please share if you find this article interesting. Blockchain Featured in Big Four Firm Deloitte’s Annual Tech Trends Report Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte on Jan. 16. According to one article in the report, “[a]dvanced networking is the unsung hero of our digital future,” and blockchain is cited as a part of it. The report — which mentions blockchain 25 times — notes that blockchain is among the technologies the importance of which is growing rapidly and still on its path towards mass adoption. The report also cites a International Data Corporation’s (IDC) projection from last year that states worldwide spending on blockchain solutions will reach $9.7 billion in 2021. Anoth
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Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto

Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto

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Please share if you find this article interesting. Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto Cryptocurrency exchanges and blockchain-based companies in Malaysia face some testing times following regulatory changes in the country. As of Tuesday, Jan. 15, new regulations governing cryptocurrencies have come into effect in Malaysia. According to reports, the new regulation has classified cryptocurrencies, tokens and crypto assets as securities, which means they are now under the jurisdiction of the Malaysian Securities Commission. In accordance with the change, any unauthorized cryptocurrency exchanges or initial coin offering (ICO) could face a 10-year jail sentence and fines to the tune of $2.4 million. While the change may seem harsh at ...
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Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

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Please share if you find this article interesting. Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. TSMC has not disclosed specific data for its crypto mining business — including it instead within its high-performance computing (HPC) segment. In the earnings call transcript, TSMC CEO & Vice Chairman C.C. Wei revealed that whereas HPC, excluding crypto, had grown slightly: “[C]ryptocurrency is a big drop from 2018 to 2019. So if we put the cryptocurrency together in the HPC, it's a big drop. It